Seed Butter - Market Scope
The main variety of seed butter is sunflower seed butter. Seed butter is made by grounding either raw or roasted seeds until they reach a creamy texture. Rising awareness about the diseases due to high-calorie food is growing the requirement for low-calorie nutritional food thus fueling the demand for seed butter over the globe. Additionally, changing consumer preferences for food choices, increasing consumption of ready-to-eat food, rising demand from developing countries, and increasing focus on advertising and marketing activities by companies are expected to fuel the product demand during the forecasted period.
|Unit||Value (USD Million)|
|Key Companies Profiled||Hormel Foods Corporation (United States), Hain Celestial (United States), The J. M. Smucker Co. (United States), Bliss Nut Butters (United States), Barney & Co. California, LLC (United States), Funky Nut Company (United Kingdom), NuttZo Co (United States), Krema Nut Company (United States), Barney Butter (United States) and Peanut Butter & Co (United States)|
Global Seed Butter - is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Hormel Foods Corporation (United States), Hain Celestial (United States), The J. M. Smucker Co. (United States), Bliss Nut Butters (United States), Barney & Co. California, LLC (United States), Funky Nut Company (United Kingdom), NuttZo Co (United States), Krema Nut Company (United States), Barney Butter (United States) and Peanut Butter & Co (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Once Again Nut Butter (United States) and CACHE CREEK FOODS (United States).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global Seed Butter - market , by Application (Sandwiches, Smoothies, Baked Good and Others) and Region with country level break-up.
On the basis of geography, the market of Seed Butter - has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). region held largest market share in the year 2021.
Market Leaders and their expansionary development strategiesOn 13th December 2021, Hain Celestial announced the acquisition of ParmCrisps and Thinsters. The acquisition deepens Hain’s position in the snacking category and represents an important step in creating Hain as a high-growth, global healthy food company.
On 7th July 2021, NuttZo debuts its new product Chocolate Keto Seven Nut and Seed Butter. Chocolate Keto expands the brand's keto-friendly offerings by delivering a new, sweet spin on NuttZo's best-selling SKU, Original Keto butter. It is available in 12 oz. jars at Safeway for an MSRP of USD 10.99. Also, It is available online at NuttZo.com, Thrive, and Amazon.
As per the U.S. Department of Agriculture, “the sunflower seed butter must be produced, handled, and labeled in accordance with the USDA organic regulations by an operation that is certified organic in accordance with the requirements of the National Organic Program. A Certificate of Organic Production or Handling must be provided to verify that the product was processed and handled in accordance with the USDA organic regulations.”
- Consumer Preference towards Plant-Based Meals
- Introduction of New Products and Flavours of Seed Butter
- Increasing Consumer Consciousness and Sophistication
- Overflow of Demand for Organic Products with Growing Global Food Industry
- Growing Demand for Seed Butter owing to its Nutritional Properties can create Opportunities for the Market Growth
- Availability of Substitutes in the Market
- Stringent Regulatory Guidelines on the Market
Key Target AudienceSeed Butter - Manufacturers, Seed Butter - Suppliers and Distributors, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
Frequently Asked Questions (FAQ):
1. What are the key segments playing vital role in Seed Butter - Market?
The Seed Butter - study can be customized to meet your requirements. The market size breakdown by type , by end use application [Sandwiches, Smoothies, Baked Good and Others].
2. How big is the Seed Butter - Market?
The Seed Butter - Market is gaining popularity and expected to see strong valuation by 2027.