From GlobeNewswire: 2024-03-29 15:00:00

The Global Almond Butter Market is projected to grow from USD 708.45 million in 2023 to USD 1498.23 million by 2033, with a CAGR of 7.78%. Almond butter is known for its health benefits, such as improving intestinal flora and supporting cardiac health. The organic segment is expected to grow the fastest, driven by consumer awareness. The regular segment remains dominant, and North America leads in consumption, while Asia Pacific is growing rapidly.

Major players in the market include Treehouse Almonds, Petrow Food Group, and Blue Diamond Almonds. In June 2023, a collaboration between Blue Diamond and Brightseed aims to explore the health benefits of California almonds. The global almond butter market has been segmented by nature, product type, distribution channel, and region. Recent developments focus on innovations and product development in the industry.

For more insights on related markets, check out reports on Global Feed Binders Market, Global Meat Starter Cultures Market, and Global Canned Soups Market. The almond butter industry is set for growth with increasing demand for organic products and innovative applications in food, cosmetics, and health sectors. With a focus on health benefits, sustainability, and product development, the market is evolving to meet consumer demands.



Read more at GlobeNewswire: Global Almond Butter Market Size To Worth USD 1498.23