Non-Alcoholic Beverages Market Size 2021 with Impact of COVID-19 Pandemic Analysis & Future Growth Analysis Report by Market Research Future
Market Insights:
The top-notch market players in the Non-Alcoholic Beverages
Market are expanding their product lines and flocking the stores with numerous
offerings to choose from which has fueled the demand for nut butter. Market
Research Future (MRFR) unfolds in its latest report that the global
Non-Alcoholic Beverages Market Size will grow moderately throughout the
forecast period.
For keeping themselves ahead of the curve, the market
operators have tapped the changing food habits of the consumers and introduced
product innovations such as salt-low sodium products. Some of the products even
come with ‘no added salt’ label on their packets which has accelerated its
demand due to shift towards healthy food habits.
The fat content of nut butter is one of the key restraints responsible for holding the
growth of the market. However, the increasing awareness about the health
benefits of nut butter in reducing cardiovascular diseases and type 2 diabetes is
generating demand in the market and is expected to witness an upswing across
the assessment period. Furthermore, the fat content in nut butter is
significant, but it’s monounsaturated and
polyunsaturated fatty acids (MUFAs and PUFAs) which are known for controlling
LDL cholesterol which is favoring the market expansion. Other factors
responsible for the accelerated revenue creation include the concentration of healthful nutrients, useful in
weight management, etc.
Competitive
Dashboard:
The key players profiled by MRFR in its latest report for
drawing a deeper understanding of the market include Justin's, futtersnutbutters, Nuttzo, Krema, Betsysbest, Yopeanut,
Funky Nut Company, vtpeanutbutter, Bliss
Nut Butters, and, Barney Butter among others. The prominent players incessantly
endeavor to strengthen their market footholds and garner more share and control
by undertaking initiatives such as innovation in flavors, expansion of product
line, acquisitions & mergers, agreements, exploration of changing market
trends, etc.
Global Non-Alcoholic
Beverages Market Size Segmentation:
By source, the global Non-Alcoholic Beverages Market Size is segmented into edible nuts, vegetable
extracts, oilseeds and others.
By packaging, the Non-Alcoholic Beverages Market has been segmented into squeeze packs, jars and
others.
By application, the market is
segmented into table purpose, confectioneries, bakery products, snacks,
and others.
Detailed Regional
Analysis:
By region, the global Non-Alcoholic Beverages Market Size is segmented into North America, Europe, Asia,
and Rest of the World (ROW). Europe market capitalizes on the changing food
habits of the consumers and has captured maximum market size globally. The
region will persistently exercise its dominance over the next couple of years.
The market in North America will witness growth and expansion due to the
concentration of major market players who are striving to multiply their
product offerings for revenue generation. The region holds the second spot in terms of market share and control. Asia Pacific is one of the largest markets in
the world and will observe an upswing across the projection period. The growing
inclination towards westernization is influencing the demand for nut butter in
this region. Other factors complementing the market expansion are increased
disposable income, rising awareness about
the health benefits, entry of market players in the regional market, etc. Rest
of the World market will demonstrate a rise
in the market share due to large-scale penetration in the market by national,
international, and local players.
Press Release@ https://www.marketresearchfuture.com/press-release/nut-butters-market
Industry
Developments:
RXBar has added nut butter
to its product line for capitalizing on demand from consumers for flavor
innovation.
Hormel Foods has launched a new range of nut butter cups-dark
chocolate almond butter cup and dark chocolate cashew butter cup. Both the
products will be organic and are prepared
from made from two of the nut butter in
the core Justin’s range.
Contact
us:
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Research Future (part of Wantstats Research and Media Private
Limited),
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Hudson Street,5Th Floor, New York,
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York 10013,
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States of America
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