Consumption of low fat nut butter lowers obesity and heart risk as well as benefits digestive system disorders. Thus these benefits are increasing the demand for low fat nut butter market. There are various types of low fat nut butter products available in the market such as peanut butter, walnut butter, cashew nut butter and almond butter.
Low fat nut butter was first introduced in form of peanut butter specially produced for older category people who had calcium deficiency, tooth decay, and sugar problems. As peanut butter is considered to be high in protein and calcium content thus its consumption on regular basis fulfils body’s protein requirement.
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· Low fat Nut Butter Market: Market Segmentation
o Based on the type, the global Low Fat Nut Butter market is segmented into:
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- Peanut Butter
- Almond Butter
- Walnut Butter
- Soy nut Butter
- Cashew nut Butter
- Hazelnut Butter
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o Based on the nature, the global Low Fat Nut Butter market is segmented into:
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- Organic
- Vegan
- Conventional
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o Based on the category, the global Low Fat Nut Butter market is segmented into:
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- Unflavoured
- Flavoured
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o Based on the application, the global Low Fat Nut Butter market is segmented into:
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- Household
- Food Industry
- Bakery and Snacks
- Confectionery
- Others
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o Based on the packaging, the global Low fat Nut Butter market is segmented into:
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- Bags
- Boxes
- Pouches
- Jars
- Others
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o Based on the distribution channel, the global Low Fat Nut Butter market is segmented into:
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- B2B (Direct Sales)
- B2C (Indirect Sales)
- Supermarket/Hypermarket
- Groceries
- Independent Retailers
- Convenience Stores
- Service Stations
- Specialist
- Online Retail
- Others
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Low fat Nut Butter Market: Key Players
Some of the key players operating in the global Low fat nut butter market include
- The J. M. Smucker Co.
- Hain Celestial
- Hormel Foods Corporation
- Justin’s Nuttzo
- Bliss Nut Butters
- Barney & Co.
- Funky Nut Company
- Krema Nut Company
- Once Again Nut Butter
- Cache Creek Foods
- Kraft Heinz Company
- Ferrero International
- Conagra Brand Inc.
- Nestle S.A.
Low fat Nut Butter Market: Regional Analysis
North America holds the significant share in the global low fat nut butter market as compared to the other regions due to the presences of key market players in the regions such as The J. M. Smucker Co. and Barney & Co. California, LLC.
There are various options in terms of flavors of low fat nut butter available in this region thus ensuring long term consumer engagement.
North America’s population believes in having a healthy breakfast and therefore prefer low fat nut butter as a good option for breakfast and along with many meals and snacks
Asia Pacific’s major population is facing heart-related issues, diabetes and digestive disorders, thus the consumption of low fat nut butter can improve the wellbeing by ensuring low fat content, low sugar content and as well as its loaded with antioxidants, vitamins and minerals which act as a catalyst in combating these diseases of the patient and give relief.
Therefore there is a lucrative opportunity for the manufacturers to target these regions.
Europe also witnesses positive growth of low fat nut butter due to the rising vegan population in the region. Low fat nut butter is a perfect source for vegan consumers as it is made up of various nuts which are purely included in vegan diet.
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