Product Code: 16418
The Global Almond Butter Market will grow from USD 0.73 Billion in 2025 to USD 1.09 Billion by 2031 at a 6.91% CAGR. Almond butter is a nutrient rich spread produced by grinding roasted or raw almonds into a paste that serves as a functional alternative to traditional peanut or dairy spreads.
| Market Overview |
| Forecast Period | 2027-2031 |
| Market Size 2025 | USD 0.73 Billion |
| Market Size 2031 | USD 1.09 Billion |
| CAGR 2026-2031 | 6.91% |
| Fastest Growing Segment | Online |
| Largest Market | Europe |
Key Market Drivers
Increasing Global Adoption of Plant-Based and Vegan Diets is significantly propelling the almond butter industry as consumers seek nutritious alternatives to dairy and meat products. This dietary shift has created a robust marketplace for plant-derived proteins, with almond butter serving as a versatile staple for households and food formulators alike who value its rich profile of monounsaturated fats.
Key Market Challenges
The susceptibility of the supply chain to climate variations presents a substantial barrier to the stability of the global almond butter sector. Almond cultivation is highly sensitive to environmental factors such as water availability and temperature fluctuations during critical growth stages. When adverse weather conditions occur in primary growing regions, they directly affect the harvest volume and quality of the raw material. This unpredictability creates significant price volatility for almond kernels, which constitutes the primary cost component for butter manufacturers.
Key Market Trends
The integration of functional additives for gut and muscle health is fundamentally reshaping product formulations within the global almond butter sector. Manufacturers are moving beyond simple protein content to incorporate value-added ingredients such as prebiotics, collagen, and MCT oil, catering to consumers who demand specific physiological benefits from their spreads. This shift elevates almond butter from a pantry staple to a functional food geared toward performance and wellness.
Key Market Players
- Hormel Foods Corporation
- Nutty Novelties
- Barney & Co. California
- Hallstar
- 8th Avenue Food & Provisions
- The Hain Celestial Group, Inc.
- Nuts 'N More
- Cache Creek Foods
- Sophim Iberia S.L.
Report Scope:
In this report, the Global Almond Butter Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Almond Butter Market, By Nature:
Almond Butter Market, By Product Type:
Almond Butter Market, By Sales Channel:
- Supermarkets/Hypermarkets
- Departmental Stores
- Online
- Others
Almond Butter Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Almond Butter Market.
Available Customizations:
Global Almond Butter Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Table of Contents
1. Product Overview
- 1.1. Market Definition
- 1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations
2. Research Methodology
- 2.1. Objective of the Study
- 2.2. Baseline Methodology
- 2.3. Key Industry Partners
- 2.4. Major Association and Secondary Sources
- 2.5. Forecasting Methodology
- 2.6. Data Triangulation & Validation
- 2.7. Assumptions and Limitations
3. Executive Summary
- 3.1. Overview of the Market
- 3.2. Overview of Key Market Segmentations
- 3.3. Overview of Key Market Players
- 3.4. Overview of Key Regions/Countries
- 3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Global Almond Butter Market Outlook
- 5.1. Market Size & Forecast
- 5.2. Market Share & Forecast
- 5.2.1. By Nature (Organic, Conventional)
- 5.2.2. By Product Type (Regular, Flavored)
- 5.2.3. By Sales Channel (Supermarkets/Hypermarkets, Departmental Stores, Online, Others)
- 5.2.4. By Region
- 5.2.5. By Company (2025)
- 5.3. Market Map
6. North America Almond Butter Market Outlook
- 6.1. Market Size & Forecast
- 6.2. Market Share & Forecast
- 6.2.1. By Nature
- 6.2.2. By Product Type
- 6.2.3. By Sales Channel
- 6.2.4. By Country
- 6.3. North America: Country Analysis
- 6.3.1. United States Almond Butter Market Outlook
- 6.3.1.1. Market Size & Forecast
- 6.3.1.2. Market Share & Forecast
- 6.3.1.2.1. By Nature
- 6.3.1.2.2. By Product Type
- 6.3.1.2.3. By Sales Channel
- 6.3.2. Canada Almond Butter Market Outlook
- 6.3.2.1. Market Size & Forecast
- 6.3.2.2. Market Share & Forecast
- 6.3.2.2.1. By Nature
- 6.3.2.2.2. By Product Type
- 6.3.2.2.3. By Sales Channel
- 6.3.3. Mexico Almond Butter Market Outlook
- 6.3.3.1. Market Size & Forecast
- 6.3.3.2. Market Share & Forecast
- 6.3.3.2.1. By Nature
- 6.3.3.2.2. By Product Type
- 6.3.3.2.3. By Sales Channel
7. Europe Almond Butter Market Outlook
- 7.1. Market Size & Forecast
- 7.2. Market Share & Forecast
- 7.2.1. By Nature
- 7.2.2. By Product Type
- 7.2.3. By Sales Channel
- 7.2.4. By Country
- 7.3. Europe: Country Analysis
- 7.3.1. Germany Almond Butter Market Outlook
- 7.3.1.1. Market Size & Forecast
- 7.3.1.2. Market Share & Forecast
- 7.3.1.2.1. By Nature
- 7.3.1.2.2. By Product Type
- 7.3.1.2.3. By Sales Channel
- 7.3.2. France Almond Butter Market Outlook
- 7.3.2.1. Market Size & Forecast
- 7.3.2.2. Market Share & Forecast
- 7.3.2.2.1. By Nature
- 7.3.2.2.2. By Product Type
- 7.3.2.2.3. By Sales Channel
- 7.3.3. United Kingdom Almond Butter Market Outlook
- 7.3.3.1. Market Size & Forecast
- 7.3.3.2. Market Share & Forecast
- 7.3.3.2.1. By Nature
- 7.3.3.2.2. By Product Type
- 7.3.3.2.3. By Sales Channel
- 7.3.4. Italy Almond Butter Market Outlook
- 7.3.4.1. Market Size & Forecast
- 7.3.4.2. Market Share & Forecast
- 7.3.4.2.1. By Nature
- 7.3.4.2.2. By Product Type
- 7.3.4.2.3. By Sales Channel
- 7.3.5. Spain Almond Butter Market Outlook
- 7.3.5.1. Market Size & Forecast
- 7.3.5.2. Market Share & Forecast
- 7.3.5.2.1. By Nature
- 7.3.5.2.2. By Product Type
- 7.3.5.2.3. By Sales Channel
8. Asia Pacific Almond Butter Market Outlook
- 8.1. Market Size & Forecast
- 8.2. Market Share & Forecast
- 8.2.1. By Nature
- 8.2.2. By Product Type
- 8.2.3. By Sales Channel
- 8.2.4. By Country
- 8.3. Asia Pacific: Country Analysis
- 8.3.1. China Almond Butter Market Outlook
- 8.3.1.1. Market Size & Forecast
- 8.3.1.2. Market Share & Forecast
- 8.3.1.2.1. By Nature
- 8.3.1.2.2. By Product Type
- 8.3.1.2.3. By Sales Channel
- 8.3.2. India Almond Butter Market Outlook
- 8.3.2.1. Market Size & Forecast
- 8.3.2.2. Market Share & Forecast
- 8.3.2.2.1. By Nature
- 8.3.2.2.2. By Product Type
- 8.3.2.2.3. By Sales Channel
- 8.3.3. Japan Almond Butter Market Outlook
- 8.3.3.1. Market Size & Forecast
- 8.3.3.2. Market Share & Forecast
- 8.3.3.2.1. By Nature
- 8.3.3.2.2. By Product Type
- 8.3.3.2.3. By Sales Channel
- 8.3.4. South Korea Almond Butter Market Outlook
- 8.3.4.1. Market Size & Forecast
- 8.3.4.2. Market Share & Forecast
- 8.3.4.2.1. By Nature
- 8.3.4.2.2. By Product Type
- 8.3.4.2.3. By Sales Channel
- 8.3.5. Australia Almond Butter Market Outlook
- 8.3.5.1. Market Size & Forecast
- 8.3.5.2. Market Share & Forecast
- 8.3.5.2.1. By Nature
- 8.3.5.2.2. By Product Type
- 8.3.5.2.3. By Sales Channel
9. Middle East & Africa Almond Butter Market Outlook
- 9.1. Market Size & Forecast
- 9.2. Market Share & Forecast
- 9.2.1. By Nature
- 9.2.2. By Product Type
- 9.2.3. By Sales Channel
- 9.2.4. By Country
- 9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Almond Butter Market Outlook
- 9.3.1.1. Market Size & Forecast
- 9.3.1.2. Market Share & Forecast
- 9.3.1.2.1. By Nature
- 9.3.1.2.2. By Product Type
- 9.3.1.2.3. By Sales Channel
- 9.3.2. UAE Almond Butter Market Outlook
- 9.3.2.1. Market Size & Forecast
- 9.3.2.2. Market Share & Forecast
- 9.3.2.2.1. By Nature
- 9.3.2.2.2. By Product Type
- 9.3.2.2.3. By Sales Channel
- 9.3.3. South Africa Almond Butter Market Outlook
- 9.3.3.1. Market Size & Forecast
- 9.3.3.2. Market Share & Forecast
- 9.3.3.2.1. By Nature
- 9.3.3.2.2. By Product Type
- 9.3.3.2.3. By Sales Channel
10. South America Almond Butter Market Outlook
- 10.1. Market Size & Forecast
- 10.2. Market Share & Forecast
- 10.2.1. By Nature
- 10.2.2. By Product Type
- 10.2.3. By Sales Channel
- 10.2.4. By Country
- 10.3. South America: Country Analysis
- 10.3.1. Brazil Almond Butter Market Outlook
- 10.3.1.1. Market Size & Forecast
- 10.3.1.2. Market Share & Forecast
- 10.3.1.2.1. By Nature
- 10.3.1.2.2. By Product Type
- 10.3.1.2.3. By Sales Channel
- 10.3.2. Colombia Almond Butter Market Outlook
- 10.3.2.1. Market Size & Forecast
- 10.3.2.2. Market Share & Forecast
- 10.3.2.2.1. By Nature
- 10.3.2.2.2. By Product Type
- 10.3.2.2.3. By Sales Channel
- 10.3.3. Argentina Almond Butter Market Outlook
- 10.3.3.1. Market Size & Forecast
- 10.3.3.2. Market Share & Forecast
- 10.3.3.2.1. By Nature
- 10.3.3.2.2. By Product Type
- 10.3.3.2.3. By Sales Channel
11. Market Dynamics
- 11.1. Drivers
- 11.2. Challenges
12. Market Trends & Developments
- 12.1. Merger & Acquisition (If Any)
- 12.2. Product Launches (If Any)
- 12.3. Recent Developments
13. Global Almond Butter Market: SWOT Analysis
14. Porter's Five Forces Analysis
- 14.1. Competition in the Industry
- 14.2. Potential of New Entrants
- 14.3. Power of Suppliers
- 14.4. Power of Customers
- 14.5. Threat of Substitute Products
15. Competitive Landscape
- 15.1. Hormel Foods Corporation
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
- 15.2. Nutty Novelties
- 15.3. Barney & Co. California
- 15.4. Hallstar
- 15.5. 8th Avenue Food & Provisions
- 15.6. The Hain Celestial Group, Inc.
- 15.7. Nuts 'N More
- 15.8. Cache Creek Foods
- 15.9. Sophim Iberia S.L.
16. Strategic Recommendations
17. About Us & Disclaimer