Middle East And Africa Nut Based Spreads Market

Middle East And Africa Nut Based Spreads Market is Expected to Increase from
$730 Million in 2016 to $960 Million in 2021 at a CAGR of 5.6% for 2017-2021
Middle East and Africa Nut based spreads Market was worth USD 730 million in 2016
and estimated to be growing at a CAGR of 5.6%, to reach USD 960 million by 2021. Peanut
butter has led the way for other nut-based spreads like almond, cashew, macadamia nut,
coconut and walnut to enter the industry and offer a wider variety of spreads for consumers.
Around 7.7% of consumers have switched from jam to peanut butter. The nut spread sales
is largely dependent on the sales of bread. Peanut butter and chocolate spreads are
displacing jam and marmalade as the most popular breakfast spreads.
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The Middle East and Africa Nut based spreads market is driven by rising consumer
preference to replace jams by nut based spreads. The rising health consciousness among
consumers has further given way to low calorie spreads. The latest trend of food spreads
becoming an integral part of every breakfast has led to a steady growth of the market.
The Middle East and Africa Nut based spreads market is segmented on the basis of product
type and by region. On the basis of product type, the market is segmented into peanut
based spreads, almond based spreads, walnut based spreads, cashews based spreads
and others.
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Market Segmentation
Product Type
Introduction
Peanut Based Spreads
Almond Based Spreads
Walnut Based Spreads
Cashews Based Spreads
Others
The market has been geographically segmented into Middle East and Africa. The market is
growing slowly because of many problems the region faces, in terms of battles and also, the
unstable economy. However, rising demand among the populace with dispensable incomes
and the anticipated growth of demand, are set to help the growth of the market.
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The major players operating in the Middle East and Africa nut based spreindustry include
J.M. Smucker, Kraft Foods, Unilever Group, ConAgra foods Inc., Sioux Honey Association,
B & G Foods, Ferrero Group, Nestle, Hershey Co and Welch Foods Inc.
Scope of the Report:
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Regional and country-level analysis and forecasts of the study market; providing
Insights on the major countries/regions in which this industry is blooming and to also
identify the regions that are still untapped
Segment-level analysis in terms of product type along with market size forecasts
and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the
market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the middle east
and africa market; which includes broadly demographic, economics, and political,
among other macro-environmental factors presented in an extensive PESTLE
Analysis
Study the micro environment factors that determine the overall profitability of an
Industry, using Porter’s five forces analysis for analysing the level of competition
and business strategy development
A comprehensive list of key market players along with their product portfolio,
current strategic interests, key financial information, legal issues, SWOT analysis
and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions,
collaborations in the field along with new product launches, comparative financial
studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decisionmaking personnel can rapidly become acquainted with background information,
concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide
both individuals and organizations a strong financial foothold in the market
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Middle East and Africa Nut based spreads Market was worth USD 730 million in 2016 and estimated to be growing at a CAGR of 5.6%, to reach USD 960 million by 2021.

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