Non-Alcoholic Beverages Market 2021; Region Wise Analysis of Top Players in Market and Its Segmentation
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 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 Segmentation:
By source, the global Non-Alcoholic
Beverages Market 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 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.
For further information on
this report, visit @ https://www.marketresearchfuture.com/reports/nut-butters-market-1299
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:
Market Research Future
(part of Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York,
New York 10013,
United States of America
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