Europe Nut-Based Spreads Market Size

Statistics for the 2023 & 2024 Europe Nut-Based Spreads market size, created by Mordor Intelligence™ Industry Reports. Europe Nut-Based Spreads size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Europe Nut-Based Spreads Industry

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:
Ytss do ki NoAltalt
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 6.22 %
Market Concentration Low

Major Players

rd-img

*Disclaimer: Major Players sorted in no particular order

setting-icon

Need a report that reflects how COVID-19 has impacted this market and its growth?

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:

Europe Nut-Based Spreads Market Analysis

Europe nut-based spreads market is projected to register a CAGR of 6.22 % during the forecast period, 2022-2027.

The market for nut-based spread is rising as customer preferences for convenience goods have grown along with a development in health and wellness awareness that has led to a preference for plant-based and dairy-free food concepts. Due to the presence of beneficial nutrients such as essential fatty acids, high protein, and carbohydrates, more and more consumers are switching from traditional jam and preserves to nut-based spreads for breakfast. To cater to the segment of the consumer base that is calorie-concerned, manufacturers have introduced low-fat, less sugar, nut-based spreads with very few calories. For instance, in February 2020, Whole Earth Ltd released Hazelnut and Chocolate peanut butter, made without any refined sugar and simply sweetened with dates, the limited edition spread has 80% less sugar than the standard chocolate spread.

Moreover, European people started living healthier lifestyles during post covid epidemic and became more aware of their health. As a result, consumers are increasingly consuming products made from hazelnuts, which are associated with a lower risk of getting heart disease. Hence, owing to changing consumer preferences the nut-based spread market will register further growth.

Europe Nut-Based Spreads Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)