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Major companies operating in the almond butter market are:
These companies focus on strategic partnerships, new product launches, and commercialization efforts for market expansion. They are heavily investing in research to introduce innovative products and garner maximum revenue in the market.
Organic almond butter industry size reached USD 56 million in 2022, owing to the growing consumer preference for healthy and environmental-friendly food products,
The market size of almond butter was reached USD 155 million in 2023 and is estimated to record USD 430 million by 2032, due to the surging need for healthier alternatives to traditional spreads.
The spread & dip end-use segment is anticipated to witness 10.9% CAGR from 2023 to 2032, attributed to the increasing need for healthy snacking options.
Demand for almond butter in the U.S. reached USD 44 million in 2022 and is projected to record significant pace during 2023 to 2032, credited to the shift towards nutritious & natural food products.