Food & Beverage Market Research News

Report explores the European nut based spreads market growth at CAGR of 7.2%, 2017-2021

Report explores the European nut based spreads market growth at CAGR of 7.2%, 2017-2021

Europe Nut Based Spreads Market By Product Type (Peanut Based, Almond Based, Walnut Based, Cashews Based) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2017–2021)

- Advertising -

 Europe Nut based spreads Market was worth USD 1.53 billion in 2016 and estimated to be growing at a CAGR of 7.2%, to reach USD 2.16 billion by 2021. Peanut butter has led the way for other nut-based spreads like almond, cashew, macadamia nut, coconut and walnut to enter the industry and offer a wider variety of spreads for consumers.

Get a comprehensive overview of the Market: marketdataforecast.com/market-repo…eads-market-3745/

Around 7.7% of consumers have switched from jam to peanut butter. The nut spread sales is largely dependent on the sales of bread.

- Advertising -

Peanut butter and chocolate spreads are displacing jam and marmalade as the most popular breakfast spreads.

Request a sample to stay up-to-date on the main trends affecting this market: marketdataforecast.com/market-repo…45/request-sample

The Europe Nut based spreads market is driven by the rising consumer preference to replace jams by nut based spreads. The rising health consciousness among consumers has further given way to low calorie spreads.

The latest trend of food spreads becoming an integral part of every breakfast has led to a steady growth of the market.

Inquire Report: marketdataforecast.com/market-repo…rket-3745/inquire

The Europe Nut based spreads market is segmented on the basis of product type and by region. On the basis of product type, the market is segmented into peanut based spreads, almond based spreads, walnut based spreads, cashews based spreads and others.

The Europe market has been geographically segmented into Germany, U.K, France, Spain, and Italy. As of 2016, Europe holds the second position in the global market share analysis.

The rapid growth in consumption is set to further boost the market growth in Europe.

  • Market Segmentation
  • Product Type
  • Introduction
  • Peanut Based Spreads
  • Almond Based Spreads
  • Walnut Based Spreads
  • Cashews Based Spreads
  • Others
  • Y-o-Y Growth Analysis, By Product Type
  • Market Attractiveness Analysis, By Product Type
  • Market Share Analysis, By Product Type

The major players operating in the Europe nut based spreads market include J.M. Smucker, Kraft Foods, Unilever Group, ConAgra foods Inc., Sioux Honey Association, B & G Foods, Ferrero Group, Nestle, Hershey Co and Welch Foods Inc.

News From

Market Data Forecast - market research, business intelligence and consultingMarket Data Forecast
Category: Market Research Publishers and RetailersCompany profile: Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. A few key business areas that we handle with excellence include business process improvement, corporate financing and decision making based on market research, assisting in developing appropriate strategy and providing consultancy based on extens ...