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Plant Based Spreads Market By Source (Pulses, Vegetables, Oils, Nuts, Seeds, Grains) By Type of Spreads (Lard, Margarine, Nut Butters, Legume-based spreads, Veggie Pâtés, Pestos, Guacamole, Hummus, Vegan Cream Cheese, Vegan Herring Salad, Jam, Others)-Growth, Future Prospects & Competitive Analysis, 2016 – 2030

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Published: | Report ID: 19783 | Report Format : PDF

Market Insights

  • The global demand for plant based spreads was valued at USD 0.6 Billion in 2022 and is expected to reach USD 0.8 Billion in 2030, growing at a CAGR of 5.8% between 2023 and 2030.
  • Nut butter is the market leader in source, holding over 5% of the market’s value in 2022.
  • The nuts segment governs the global demand for plant based spreads, holding a massive share of over 30% in 2022, and is expected to grow at a rapid CAGR.
  • Hypermarket and supermarket is the market leader in distribution channel, holding over 55% of the market’s value in 2022.
  • North America is fuelling the growth of the plant based spreads industry with over one-third share in 2022. Asia Pacific and Europe collectively accounted for just under 40% share in 2022. Europe held over 22% share in 2022.
  • Due to the region’s high consumer awareness, significant demand for healthier substitutes, and presence of well-known plant-based food manufacturers, North America was the market leader for plant-based spreads.
  • The growing consumer focus on health and wellbeing, which fuels demand for better, plant-based food options, drives the market for plant-based spreads. Plant-based spreads may not be perceived as having the same taste and texture as conventional spreads, which may discourage some consumers from experimenting with or utilizing them.

Plant Based Spreads Market

Key Highlights of the Report

The global plant based spreads market is segmented by source, spread, distribution channel, and region. Nut butter category is widely used, while nuts and hypermarket and supermarket categories are a widely utilized segment. North America is leading the market growth.

Growing consumer awareness of and need for healthier, more sustainable food options and increasing the number of vegans and vegetarians are two factors driving the market for plant-based spreads. The greater price of plant-based spreads compared to conventional spreads, which prevents them from being affordable to a larger customer base, maybe a market restraint.

Nonetheless, the global plant based spreads market is the development of product alternatives to accommodate different dietary preferences and constraints, such as gluten-free or soy-free options, and the possibility for market growth in developing nations where plant-based diets are gaining popularity, represent two prospects for the market for plant-based spreads. The market can gain from creating novel flavors and packaging designs to appeal to a larger consumer base.

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Market Overview

The global plant based spreads market has grown steadily in recent years. It is expected to grow at a CAGR of 5.8% between 2023 and 2030. The market was valued at USD 0.6 Billion in 2022 and is expected to reach USD 0.8 Billion in 2030.

What Are The Main Drivers Of The Global Plant Based Spreads Market?

The demand for plant-based spreads is driven by rising consumer knowledge of the health advantages of plant-based diets, worries about animal welfare, and a desire for sustainable food options.

What Are The Major Challenges Faced By The Global Plant Based Spreads Market?

Plant-based spreads’ higher price tags may put off price-conscious consumers compared to conventional equivalents.

What Are The Growth Opportunities In The Global Plant Based Spreads Market?

The market for plant-based spreads is anticipated to increase as customers become more environmentally and health-conscious. The market may benefit from this trend by providing a broad selection of cutting-edge and premium plant-based spread goods.

Plant Based Spreads Market

Executive Summary

Overview of the Global Plant Based Spreads Market

The need for healthier and more sustainable food options drives significant growth in the global market for plant-based spreads. The market is expanding due to growing public knowledge of the health advantages of plant-based diets, an increase in vegans and vegetarians, and worries about animal welfare and the environment. Despite obstacles, the market offers tremendous development potential, including increasing price points and taste standards. These include entering new markets, diversifying the product line, forming strategic alliances, highlighting the advantages for health and wellbeing, and promoting appealing packaging and ease of use. The market is generally.

Market Definition

Spreads for bread, toast, crackers, and other foods are known as plant-based spreads because they are manufactured mostly from plant-based components. Typically, they are used in place of conventional spreads like butter or margarine. Nutty spreads like almond, cashew, or peanut butter, seedy spreads like sunflower or sesame, legume-based spreads like hummus, vegetable-based spreads like tomato or avocado, and fatty spreads like olive oil can all be made into plant-based spreads. These spreads can accommodate a variety of dietary choices and constraints and are frequently vegan-friendly, cholesterol-free, and able to give a variety of flavors and textures.

Segmentation by Types of Spread

  • Nut butter is the leading segment by material and held over a 5% share in value in 2022.
  • The pestos segment will likely exhibit the fastest CAGR during the forecast period.

Segmentation by Source

  • The nuts segment governs the demand for plant based spreads globally, holding a massive share of over 30% in 2022, and is also expected to grow at a rapid CAGR.
  • The vegetable equipment segment contributes to the rest of the plant-based spread demand.

Segmentation by Distribution Channel

  • The hypermarket and supermarket segment governs the demand for plant based spreads globally, holding a massive share of over 55% in 2022, and is also expected to grow at a rapid CAGR.

Segmentation by Region

  • North America is fueling the growth of the plant based spreads industry with over one-third share in 2022.
  • Asia Pacific and Europe collectively account for just under 40% share in 2022, with Europe holding over 22% share in the same year.
  • The rest of the World, including Latin America, The Middle East, and Africa, contributes the remainder to the demand for plant based spreads.

The market for plant-based spreads is driven by the increased consumer focus on health and well-being, which fuels demand for superior, plant-based food options. Some consumers may be deterred from trying or using plant-based spreads because they believe they lack the same flavor and texture as traditional spreads.

The market for plant-based spreads in the US has experienced substantial uptake and expansion. Plant-based spreads have gained appeal as substitutes for conventional spreads like butter and margarine thanks to a sizable population of health-conscious consumers and an expanding vegan and vegetarian population. Well-known food corporations and startups have introduced several plant-based spread choices, including nut butter and avocado-based spreads. Several distribution methods are used to access the market, including grocery stores, specialist health food stores, internet platforms, and food service providers. With an emphasis on their all-natural, plant-based components and flexibility to accommodate various dietary needs, plant-based spreads are frequently promoted as healthier alternatives.

Health-conscious customers, environmental concerns, and the rising popularity of vegetarian and vegan diets drive the demand for plant-based spreads in the UK. Vegetable-based spreads, nut butters, seed spreads, and other plant-based spreads are frequently offered in supermarkets, health food stores, and online marketplaces. The market is used to make vegan-friendly snacks and desserts, in addition to being spread on bread and toast and used as an ingredient in recipes. In the UK, plant-based spreads are frequently promoted as ethical and environmentally friendly options, luring customers who value their health and the welfare of animals and the environment.

The growing consumer knowledge of and concern for health and wellness is one factor driving the market for plant-based spreads. The demand for healthier spreads is increasing as people become more aware of how their dietary choices affect their health. This has increased in popularity and the use of plant-based spreads.

Increasing Consumer Awareness And Concern For Health And Wellness

The growing consumer knowledge of and concern for health and wellness is one factor driving the market for plant-based spreads. Consumer views about healthier eating habits have significantly changed in recent years due to the rise in obesity, cardiovascular disease, and other lifestyle-related illnesses. Consumers are actively looking for better substitutes as they become more aware of how their dietary choices affect their health.

Plant-based spreads are viewed as a healthier alternative because they don’t contain cholesterol and have fewer saturated fats than conventional spreads. The availability of information through the media, internet, and health professionals is another factor that supports this driver by enabling people to make educated decisions about their eating habits.

Rising Number Of Vegans And Vegetarians

The rising number of vegans and vegetarians is another factor driving the market for plant-based spreads. Due to several reasons, including ethical concerns about animal suffering, environmental sustainability, and health considerations, more people are choosing vegan and vegetarian lifestyles. Vegetarians and vegans actively seek plant-based substitutes for animal-based goods, including spreads.

Thanks to plant-based spreads, they have options that fit their dietary needs and have a similar taste and feel. Additionally, various flavors and ingredients are available in plant-based spreads, satisfying vegans’ and vegetarians’ varied tastes and preferences.

By making it simpler for people to find and include plant-based spreads in their everyday diets, the availability of plant-based items in regular supermarkets, specialized shops, and online marketplaces has contributed to the increase of veganism and vegetarianism. This driver is anticipated to persist as global knowledge of and acceptability of vegan and vegetarian lifestyles increases.

Higher Cost Compared To Traditional Spreads

The greater price relative to conventional spreads is one barrier to the market for plant-based spreads. The cost of making plant-based spreads can increase since they frequently need more expensive ingredients, including organic fruit, nuts, or seeds. Plant-based spreads are consequently priced higher on shop shelves due to this expense being transferred to the consumer.

Price-conscious consumers may be discouraged from trying or utilizing plant-based spreads by the higher price point, especially if more economical options are available. The price discrepancy may make gaining a larger market share and spread adoption difficult, especially among consumers who value affordability more than particular dietary preferences or health considerations.

Expansion Of Product Offerings

The market for plant-based spreads has a chance to grow by expanding its product line to accommodate different dietary choices and requirements. This involves creating products without soy, gluten, or other allergens to cater to customers’ needs with certain dietary restrictions.

Producers can access specialized markets and draw in a larger consumer base by providing various plant-based spreads. This chance enables product innovation and customization, assuring inclusivity and catering to the tastes and constraints of various consumer categories.

Potential For Market Growth In Emerging Regions

Another opportunity in the market for plant-based spreads is the potential for expansion in developing nations where plant-based diets are becoming more and more popular. The market for plant-based goods, including spreads, is rising as more customers in nations across Asia, Latin America, and Africa become aware of plant-based diets’ environmental and health benefits.

Manufacturers can take advantage of this chance by growing their distribution networks, partnering with regional merchants, and customizing their products to the regional tastes and cultural environment. By introducing plant-based spreads to a larger customer base and promoting the acceptance of plant-based diets globally, this expansion into emerging economies may create new opportunities for market growth.

Additionally, it offers a chance to help regional farmers and suppliers, advancing sustainable farming methods and encouraging economic growth.

Competitive Landscape

Key Players

The global plant based spreads market is highly competitive, with several key players. Some of the major players in the market and their market share are as follows:

The market for plant-based spreads is highly competitive, with well-known food brands and cutting-edge start-ups present. The main competitors compete based on their products’ caliber, flavor, diversity, brand reputation, and distribution methods. To maintain their competitiveness in the expanding industry, market leaders frequently make research and development investments in new flavor introductions, formulation improvements, and product range expansion.

Daiya Foods Inc. started an online store in July 2021 to make its plant-based food products easily accessible. The business is one of the most well-known dairy-free cheese producers in the United States and Canada.

Following the popular debut of its dairy-free feta crumbles the year before, Follow Your Heart introduced its second product in its new plant-based cheese range, dairy-free bleu cheese crumbles, in October 2021. The product’s advertisements claim it tastes wonderful on pizza, crostini, and salads.

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Summary of Key Findings

  • Nut butter is the market leader in source, holding over 5% of the market’s value in 2022.
  • The nuts segment governs the global demand for plant based spreads, holding a massive share of over 30% in 2022, and is expected to grow at a rapid CAGR.
  • Hypermarket And Supermarket is the market leader in distribution channel, holding over 55% of the market’s value in 2022.
  • North America is fueling the growth of the plant based spreads industry with over one-third share in 2022. Asia Pacific and Europe collectively accounted for just under 40% share in 2022. Europe held over 22% share in 2022.

Future Outlook

  • The market for plant-based spreads has bright prospects. The market for plant-based spreads is anticipated to keep rising because of rising vegan and vegetarian lifestyles, rising consumer awareness of health and sustainability, and other factors.
  • The market is projected to experience innovation and product variety as research and development activities concentrate on enhancing taste and texture, increasing flavor options, and resolving cost issues.
  • The market’s future potential will also be boosted by the growth into new geographic areas and the creation of alliances with food producers and retailers.

Segmentation

  • By Source
    • Pulses
    • Vegetables
    • Oils
    • Nuts
    • Seeds
    • Grains
  • By Type of Spreads
    • Lard
    • Margarine
    • Nut Butters
    • Legume-based spreads
    • Veggie Pâtés
    • Pestos
    • Guacamole
    • Hummus
    • Vegan Cream Cheese
    • Vegan Herring Salad
    • Jam
    • Others
  • By Distribution Channel
    • Hypermarket and Supermarket
    • Convenience Store
    • Specialty Store
    • Online
  • By Region
  • North America
    • USA
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Data Modelling
1.3.2.1. Company Share Analysis Model
1.3.2.2. Revenue Based Modelling
1.3.3. Phase III – Primary Research
1.3.4. Research Limitations
1.3.5. Assumptions
1.4. Market Introduction
1.5. Market Research Scope

2. Executive Summary
2.1. Market Snapshot: Global Plant Based Spreads Market
2.2. Global Plant Based Spreads Market, By Types of Spread
2.3. Global Plant Based Spreads Market, By Source
2.4. Global Plant Based Spreads Market, By Distribution Channel
2.5. Global Plant Based Spreads Market, By Region

3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Plant Based Spreads Market Value, 2017-2030, (US$ Bn)
3.1.2. Y-o-Y Growth Trend Analysis
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.2.3. Market Opportunities
3.2.4. Major Industry Challenges
3.3. Growth and Development Patterns
3.4. Investment Feasibility Analysis
3.5. Market Opportunity Analysis
3.5.1. Types of Spread
3.5.2. Source
3.5.3. Distribution Channel
3.5.4. Geography

4. Premium Insights
4.1. STAR (Situation, Task, Action, Results) Analysis
4.2. Porter’s Five Forces Analysis
4.2.1. Threat of New Entrants
4.2.2. Bargaining Power of Buyers/Consumers
4.2.3. Bargaining Power of Suppliers
4.2.4. Threat of Substitute Sources
4.2.5. Intensity of Competitive Rivalry
4.3. Key Market Trends
4.3.1. Demand Side Trends
4.3.2. Supply Side Trends
4.4. Value Chain Analysis
4.5. Types of Spread Analysis
4.6. Analysis and Recommendations
4.7. Marketing Strategy Analysis
4.7.1. Direct Marketing
4.7.2. Indirect Marketing
4.7.3. Marketing Channel Development Trend

5. Market Positioning of Key Players, 2022
5.1. Company market share of key players, 2022
5.2. Competitive Benchmarking
5.3. Market Positioning of Key Vendors
5.4. Geographical Presence Analysis
5.5. Major Strategies Adopted by Key Players
5.5.1. Key Strategies Analysis
5.5.2. Mergers and Acquisitions
5.5.3. Partnerships
5.5.4. Product Launch
5.5.5. Geographical Expansion
5.5.6. Others

6. Economic Impact Analysis
6.1. Recession Impact
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Latin America
6.1.5. Middle East and Africa
6.2. Ukraine-Russia War Impact
6.2.1. North America
6.2.2. Europe
6.2.3. Asia Pacific
6.2.4. Latin America
6.2.5. Middle East and Africa
6.3. COVID-19 Impact Analysis
6.3.1. North America
6.3.2. Europe
6.3.3. Asia Pacific
6.3.4. Latin America
6.3.5. Middle East and Africa

7. Global Plant Based Spreads Market, By Types of Spread
7.1. Global Plant Based Spreads Market Overview, by Types of Spread
7.1.1. Global Plant Based Spreads Market Revenue Share, By Types of Spread, 2022 Vs 2030 (in %)
7.2. Lard
7.2.1. Global Plant Based Spreads Market, By Region, 2017-2030 (US$ Bn)
7.3. Margarine
7.3.1. Global Plant Based Spreads Market, By Region, 2017-2030 (US$ Bn)
7.4. Nut Butters
7.4.1. Global Plant Based Spreads Market, By Region, 2017-2030 (US$ Bn)
7.5. Legume-based spreads
7.5.1. Global Plant Based Spreads Market, By Region, 2017-2030 (US$ Bn)
7.6. Veggie Pâtés
7.6.1. Global Plant Based Spreads Market, By Region, 2017-2030 (US$ Bn)
7.7. Pestos
7.7.1. Global Plant Based Spreads Market, By Region, 2017-2030 (US$ Bn)
7.8. Guacamole
7.8.1. Global Plant Based Spreads Market, By Region, 2017-2030 (US$ Bn)
7.9. Hummus
7.9.1. Global Plant Based Spreads Market, By Region, 2017-2030 (US$ Bn)
7.10. Vegan Cream Cheese
7.10.1. Global Plant Based Spreads Market, By Region, 2017-2030 (US$ Bn)
7.11. Vegan Herring Salad
7.11.1. Global Plant Based Spreads Market, By Region, 2017-2030 (US$ Bn)
7.12. Jam and Others
7.12.1. Global Plant Based Spreads Market, By Region, 2017-2030 (US$ Bn)

8. Global Plant Based Spreads Market, By Source
8.1. Global Plant Based Spreads Market Overview, by Source
8.1.1. Global Plant Based Spreads Market, By Source, 2022 vs 2030 (in %)
8.2. Pulses
8.2.1. Global Plant Based Spreads Market, By Region, 2017-2030 (US$ Bn)
8.3. Vegetables
8.3.1. Global Plant Based Spreads Market, By Region, 2017-2030 (US$ Bn)
8.4. Oils
8.4.1. Global Plant Based Spreads Market, By Region, 2017-2030 (US$ Bn)
8.5. Nuts
8.5.1. Global Plant Based Spreads Market, By Region, 2017-2030 (US$ Bn)
8.6. Seeds
8.6.1. Global Plant Based Spreads Market, By Region, 2017-2030 (US$ Bn)
8.7. Grains
8.7.1. Global Plant Based Spreads Market, By Region, 2017-2030 (US$ Bn)

9. Global Plant Based Spreads Market, by Distribution Channel, 2017-2030 (US$ Bn)
9.1. Global Plant Based Spreads Market Overview, by Distribution Channel
9.1.1. Global Plant Based Spreads Market, By Distribution Channel, 2022 vs 2030 (in%)
9.2. Hypermarket and Supermarket
9.2.1. Global Plant Based Spreads Market, By Region, 2017-2030 (US$ Bn)
9.3. Convenience Store
9.3.1. Global Plant Based Spreads Market, By Region, 2017-2030 (US$ Bn)
9.4. Specialty Store
9.4.1. Global Plant Based Spreads Market, By Region, 2017-2030 (US$ Bn)
9.5. Online
9.5.1. Global Plant Based Spreads Market, By Region, 2017-2030 (US$ Bn)
10. Global Plant Based Spreads Market, By Region
10.1. Global Plant Based Spreads Market Overview, by Region
10.1.1. Global Plant Based Spreads Market, By Region, 2022 vs 2030 (in%)
10.2. Types of Spread
10.2.1. Global Plant Based Spreads Market, By Types of Spread, 2017-2030 (US$ Bn)
10.3. Source
10.3.1. Global Plant Based Spreads Market, By Source, 2017-2030 (US$ Bn)
10.4. Distribution Channel
10.4.1. Global Plant Based Spreads Market, By Distribution Channel, 2017-2030 (US$ Bn)

11. North America Plant Based Spreads Market Analysis
11.1. North America Plant Based Spreads Market, by Types of Spread, 2017-2030(US$ Bn)
11.1.1. Overview
11.1.2. SRC Analysis
11.2. North America Plant Based Spreads Market, by Source, 2017-2030(US$ Bn)
11.2.1. Overview
11.2.2. SRC Analysis
11.3. North America Plant Based Spreads Market, by Distribution Channel, 2017-2030(US$ Bn)
11.3.1. Overview
11.3.2. SRC Analysis
11.4. North America Plant Based Spreads Market, by Country, 2017-2030 (US$ Bn)
11.4.1. North America Plant Based Spreads Market, by Country, 2022 Vs 2030 (in%)
11.4.2. U.S.
11.4.2.1. U.S. Plant Based Spreads Market Estimates and Forecast, 2017-2030 (US$ Bn)
11.4.2.2. U.S. Plant Based Spreads, By Types of Spread, 2017-2030 (US$ Bn)
11.4.2.3. U.S. Plant Based Spreads, By Source, 2017-2030 (US$ Bn)
11.4.2.4. U.S. Plant Based Spreads, By Distribution Channel, 2017-2030 (US$ Bn)
11.4.3. Canada
11.4.3.1. Canada Plant Based Spreads Market Estimates and Forecast, 2017-2030 (US$ Bn)
11.4.3.2. Canada Plant Based Spreads, By Types of Spread, 2017-2030 (US$ Bn)
11.4.3.3. Canada Plant Based Spreads, By Source, 2017-2030 (US$ Bn)
11.4.3.4. Canada Plant Based Spreads, By Distribution Channel, 2017-2030 (US$ Bn)
11.4.4. Mexico
11.4.4.1. Mexico Plant Based Spreads Market Estimates and Forecast, 2017-2030 (US$ Bn)
11.4.4.2. Mexico Plant Based Spreads, By Types of Spread, 2017-2030 (US$ Bn)
11.4.4.3. Mexico Plant Based Spreads, By Source, 2017-2030 (US$ Bn)
11.4.4.4. Mexico Plant Based Spreads, By Distribution Channel, 2017-2030 (US$ Bn)

12. Europe Plant Based Spreads Market Analysis
12.1. Europe Plant Based Spreads Market, by Types of Spread, 2017-2030(US$ Bn)
12.1.1. Overview
12.1.2. SRC Analysis
12.2. Europe Plant Based Spreads Market, by Source, 2017-2030(US$ Bn)
12.2.1. Overview
12.2.2. SRC Analysis
12.3. Europe Plant Based Spreads Market, by Distribution Channel, 2017-2030(US$ Bn)
12.3.1. Overview
12.3.2. SRC Analysis
12.4. Europe Plant Based Spreads Market, by Country, 2017-2030 (US$ Bn)
12.4.1. Europe Plant Based Spreads Market, by Country, 2022 Vs 2030 (in%)
12.4.2. Germany
12.4.2.1. Germany Plant Based Spreads Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.4.2.2. Germany Plant Based Spreads, By Types of Spread, 2017-2030 (US$ Bn)
12.4.2.3. Germany Plant Based Spreads, By Source, 2017-2030 (US$ Bn)
12.4.2.4. Germany Plant Based Spreads, By Distribution Channel, 2017-2030 (US$ Bn)
12.4.3. France
12.4.3.1. France Plant Based Spreads Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.4.3.2. France Plant Based Spreads, By Types of Spread, 2017-2030 (US$ Bn)
12.4.3.3. France Plant Based Spreads, By Source, 2017-2030 (US$ Bn)
12.4.3.4. France Plant Based Spreads, By Distribution Channel, 2017-2030 (US$ Bn)
12.4.4. UK
12.4.4.1. UK Plant Based Spreads Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.4.4.2. UK Plant Based Spreads, By Types of Spread, 2017-2030 (US$ Bn)
12.4.4.3. UK Plant Based Spreads, By Source, 2017-2030 (US$ Bn)
12.4.4.4. UK Plant Based Spreads, By Distribution Channel, 2017-2030 (US$ Bn)
12.4.5. Italy
12.4.5.1. Italy Plant Based Spreads Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.4.5.2. Italy Plant Based Spreads, By Types of Spread, 2017-2030 (US$ Bn)
12.4.5.3. Italy Plant Based Spreads, By Source, 2017-2030 (US$ Bn)
12.4.5.4. Italy Plant Based Spreads, By Distribution Channel, 2017-2030 (US$ Bn)
12.4.6. Spain
12.4.6.1. Spain Plant Based Spreads Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.4.6.2. Spain Plant Based Spreads, By Types of Spread, 2017-2030 (US$ Bn)
12.4.6.3. Spain Plant Based Spreads, By Source, 2017-2030 (US$ Bn)
12.4.6.4. Spain Plant Based Spreads, By Distribution Channel, 2017-2030 (US$ Bn)
12.4.7. Rest of Europe
12.4.7.1. Rest of Europe Plant Based Spreads Market Estimates and Forecast, 2017-2030 (US$ Bn)
12.4.7.2. Rest of Europe Plant Based Spreads, By Types of Spread, 2017-2030 (US$ Bn)
12.4.7.3. Rest of Europe Plant Based Spreads, By Source, 2017-2030 (US$ Bn)
12.4.7.4. Rest of Europe Plant Based Spreads, By Distribution Channel, 2017-2030 (US$ Bn)

13. Asia Pacific Plant Based Spreads Market Analysis
13.1. Asia Pacific Plant Based Spreads Market, by Types of Spread, 2017-2030(US$ Bn)
13.1.1. Overview
13.1.2. SRC Analysis
13.2. Asia Pacific Plant Based Spreads Market, by Source, 2017-2030(US$ Bn)
13.2.1. Overview
13.2.2. SRC Analysis
13.3. Asia Pacific Plant Based Spreads Market, by Distribution Channel, 2017-2030(US$ Bn)
13.3.1. Overview
13.3.2. SRC Analysis
13.4. Asia Pacific Plant Based Spreads Market, by Country, 2017-2030 (US$ Bn)
13.4.1. Asia Pacific Plant Based Spreads Market, by Country, 2022 Vs 2030 (in%)
13.4.2. China
13.4.2.1. China Plant Based Spreads Market Estimates and Forecast, 2017-2030 (US$ Bn)
13.4.2.2. China Plant Based Spreads, By Types of Spread, 2017-2030 (US$ Bn)
13.4.2.3. China Plant Based Spreads, By Source, 2017-2030 (US$ Bn)
13.4.2.4. China Plant Based Spreads, By Distribution Channel, 2017-2030 (US$ Bn)
13.4.3. Japan
13.4.3.1. Japan Plant Based Spreads Market Estimates and Forecast, 2017-2030 (US$ Bn)
13.4.3.2. Japan Plant Based Spreads, By Types of Spread, 2017-2030 (US$ Bn)
13.4.3.3. Japan Plant Based Spreads, By Source, 2017-2030 (US$ Bn)
13.4.3.4. Japan Plant Based Spreads, By Distribution Channel, 2017-2030 (US$ Bn)
13.4.4. India
13.4.4.1. India Plant Based Spreads Market Estimates and Forecast, 2017-2030 (US$ Bn)
13.4.4.2. India Plant Based Spreads, By Types of Spread, 2017-2030 (US$ Bn)
13.4.4.3. India Plant Based Spreads, By Source, 2017-2030 (US$ Bn)
13.4.4.4. India Plant Based Spreads, By Distribution Channel, 2017-2030 (US$ Bn)
13.4.5. South Korea
13.4.5.1. South Korea Plant Based Spreads Market Estimates and Forecast, 2017-2030 (US$ Bn)
13.4.5.2. South Korea Plant Based Spreads, By Types of Spread, 2017-2030 (US$ Bn)
13.4.5.3. South Korea Plant Based Spreads, By Source, 2017-2030 (US$ Bn)
13.4.5.4. South Korea Plant Based Spreads, By Distribution Channel, 2017-2030 (US$ Bn)
13.4.6. South-East Asia
13.4.6.1. South-East Asia Plant Based Spreads Market Estimates and Forecast, 2017-2030 (US$ Bn)
13.4.6.2. South-East Asia Plant Based Spreads, By Types of Spread, 2017-2030 (US$ Bn)
13.4.6.3. South-East Asia Plant Based Spreads, By Source, 2017-2030 (US$ Bn)
13.4.6.4. South-East Asia Plant Based Spreads, By Distribution Channel, 2017-2030 (US$ Bn)
13.4.7. Rest of Asia Pacific
13.4.7.1. Rest of Asia Pacific Plant Based Spreads Market Estimates and Forecast, 2017-2030 (US$ Bn)
13.4.7.2. Rest of Asia Pacific Plant Based Spreads, By Types of Spread, 2017-2030 (US$ Bn)
13.4.7.3. Rest of Asia Pacific Plant Based Spreads, By Source, 2017-2030 (US$ Bn)
13.4.7.4. Rest of Asia Pacific Plant Based Spreads, By Distribution Channel, 2017-2030 (US$ Bn)

14. Latin America Plant Based Spreads Market Analysis
14.1. Latin America Plant Based Spreads Market, by Types of Spread, 2017-2030(US$ Bn)
14.1.1. Overview
14.1.2. SRC Analysis
14.2. Latin America Plant Based Spreads Market, by Source, 2017-2030(US$ Bn)
14.2.1. Overview
14.2.2. SRC Analysis
14.3. Latin America Plant Based Spreads Market, by Distribution Channel, 2017-2030(US$ Bn)
14.3.1. Overview
14.3.2. SRC Analysis
14.4. Latin America Plant Based Spreads Market, by Country, 2017-2030 (US$ Bn)
14.4.1. Latin America Plant Based Spreads Market, by Country, 2022 Vs 2030 (in%)
14.4.2. Brazil
14.4.2.1. Brazil Plant Based Spreads Market Estimates and Forecast, 2017-2030 (US$ Bn)
14.4.2.2. Brazil Plant Based Spreads, By Types of Spread, 2017-2030 (US$ Bn)
14.4.2.3. Brazil Plant Based Spreads, By Source, 2017-2030 (US$ Bn)
14.4.2.4. Brazil Plant Based Spreads, By Distribution Channel, 2017-2030 (US$ Bn)
14.4.3. Argentina
14.4.3.1. Argentina Plant Based Spreads Market Estimates and Forecast, 2017-2030 (US$ Bn)
14.4.3.2. Argentina Plant Based Spreads, By Types of Spread, 2017-2030 (US$ Bn)
14.4.3.3. Argentina Plant Based Spreads, By Source, 2017-2030 (US$ Bn)
14.4.3.4. Argentina Plant Based Spreads, By Distribution Channel, 2017-2030 (US$ Bn)
14.4.4. Rest of Latin America
14.4.4.1. Rest of Latin America Plant Based Spreads Market Estimates and Forecast, 2017-2030 (US$ Bn)
14.4.4.2. Rest of Latin America Plant Based Spreads, By Types of Spread, 2017-2030 (US$ Bn)
14.4.4.3. Rest of Latin America Plant Based Spreads, By Source, 2017-2030 (US$ Bn)
14.4.4.4. Rest of Latin America Plant Based Spreads, By Distribution Channel, 2017-2030 (US$ Bn)

15. Middle East and Africa Plant Based Spreads Market Analysis
15.1. Middle East and Africa Plant Based Spreads Market, by Types of Spread, 2017-2030(US$ Bn)
15.1.1. Overview
15.1.2. SRC Analysis
15.2. Middle East and Africa Plant Based Spreads Market, by Source, 2017-2030(US$ Bn)
15.2.1. Overview
15.2.2. SRC Analysis
15.3. Middle East and Africa Plant Based Spreads Market, by Distribution Channel, 2017-2030(US$ Bn)
15.3.1. Overview
15.3.2. SRC Analysis
15.4. Middle East and Africa Plant Based Spreads Market, by Country, 2017-2030 (US$ Bn)
15.4.1. Middle East and Africa Plant Based Spreads Market, by Country, 2022 Vs 2030 (in%)
15.4.2. GCC Countries
15.4.2.1. GCC Countries Plant Based Spreads Market Estimates and Forecast, 2017-2030 (US$ Bn)
15.4.2.2. GCC Countries Plant Based Spreads, By Types of Spread, 2017-2030 (US$ Bn)
15.4.2.3. GCC Countries Plant Based Spreads, By Source, 2017-2030 (US$ Bn)
15.4.2.4. GCC Countries Plant Based Spreads, By Distribution Channel, 2017-2030 (US$ Bn)
15.4.3. South Africa
15.4.3.1. South Africa Plant Based Spreads Market Estimates and Forecast, 2017-2030 (US$ Bn)
15.4.3.2. South Africa Plant Based Spreads, By Types of Spread, 2017-2030 (US$ Bn)
15.4.3.3. South Africa Plant Based Spreads, By Source, 2017-2030 (US$ Bn)
15.4.3.4. South Africa Plant Based Spreads, By Distribution Channel, 2017-2030 (US$ Bn)
15.4.4. Rest of Middle East and Africa
15.4.4.1. Rest of Middle East and Africa Plant Based Spreads Market Estimates and Forecast, 2017-2030 (US$ Bn)
15.4.4.2. Rest of Middle East and Africa Plant Based Spreads, By Types of Spread, 2017-2030 (US$ Bn)
15.4.4.3. Rest of Middle East and Africa Plant Based Spreads, By Source, 2017-2030 (US$ Bn)
15.4.4.4. Rest of Middle East and Africa Plant Based Spreads, By Distribution Channel, 2017-2030 (US$ Bn)

16. Company Profiles
16.1. Follow Your Heart
16.1.1. Company Overview
16.1.2. Products/Services Portfolio
16.1.3. Geographical Presence
16.1.4. Financial Summary
16.1.4.1. Market Revenue and Net Profit (2019-2022)
16.1.4.2. Business Segment Revenue Analysis
16.1.4.3. Geographical Revenue Analysis
16.2. DAIYA FOODS INC.
16.3. Meridian Group.
16.4. Amy’s Kitchen, Inc.
16.5. B&G Foods, Inc.
16.6. Litehouse, Inc.
16.7. Red Duck Foods, Inc.
16.8. Majestic Garlic
16.9. Bear Pond Farm
16.10. KENSINGTON & SONS
16.11. KATE HILL
16.12. WayFare Health Foods
16.13. Good Foods Group, LLC
16.14. Galaxy Nutitional Foods, Inc.
16.15. Frito-Lay North America, Inc.

 

List of Figures
FIG. 1 Global Plant Based Spreads Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Plant Based Spreads Market Segmentation
FIG. 4 Global Plant Based Spreads Market, by Types of Spread, 2022 (US$ Bn)
FIG. 5 Global Plant Based Spreads Market, by Source, 2022 (US$ Bn)
FIG. 6 Global Plant Based Spreads Market, by Distribution Channel, 2022 (US$ Bn)
FIG. 7 Global Plant Based Spreads Market, by Geography, 2022 (US$ Bn)
FIG. 8 Attractive Investment Proposition, by Types of Spread, 2022
FIG. 9 Attractive Investment Proposition, by Source, 2022
FIG. 10 Attractive Investment Proposition, by Distribution Channel, 2022
FIG. 11 Attractive Investment Proposition, by Geography, 2022
FIG. 12 Global Market Share Analysis of Key Plant Based Spreads Market Manufacturers, 2022
FIG. 13 Global Market Positioning of Key Plant Based Spreads Market Manufacturers, 2022
FIG. 14 Global Plant Based Spreads Market Value Contribution, By Types of Spread, 2022 & 2030 (Value %)
FIG. 15 Global Plant Based Spreads Market, by Lard, Value, 2017-2030 (US$ Bn)
FIG. 16 Global Plant Based Spreads Market, by Margarine, Value, 2017-2030 (US$ Bn)
FIG. 17 Global Plant Based Spreads Market, by Nut Butters, Value, 2017-2030 (US$ Bn)
FIG. 18 Global Plant Based Spreads Market, by Legume-based spreads, Value, 2017-2030 (US$ Bn)
FIG. 19 Global Plant Based Spreads Market, by Veggie Pâtés, Value, 2017-2030 (US$ Bn)
FIG. 20 Global Plant Based Spreads Market, by Pestos, Value, 2017-2030 (US$ Bn)
FIG. 21 Global Plant Based Spreads Market, by Guacamole, Value, 2017-2030 (US$ Bn)
FIG. 22 Global Plant Based Spreads Market, by Hummus, Value, 2017-2030 (US$ Bn)
FIG. 23 Global Plant Based Spreads Market, by Vegan Cream Cheese, Value, 2017-2030 (US$ Bn)
FIG. 24 Global Plant Based Spreads Market, by Vegan Herring Salad, Value, 2017-2030 (US$ Bn)
FIG. 25 Global Plant Based Spreads Market, by Jam and Others, Value, 2017-2030 (US$ Bn)
FIG. 26 Global Plant Based Spreads Market Value Contribution, By Source, 2022 & 2030 (Value %)
FIG. 27 Global Plant Based Spreads Market, by Pulses, Value, 2017-2030 (US$ Bn)
FIG. 28 Global Plant Based Spreads Market, by Vegetables, 2017-2030 (US$ Bn)
FIG. 29 Global Plant Based Spreads Market, by Oils, 2017-2030 (US$ Bn)
FIG. 30 Global Plant Based Spreads Market, by Nuts, 2017-2030 (US$ Bn)
FIG. 31 Global Plant Based Spreads Market, by Seeds, 2017-2030 (US$ Bn)
FIG. 32 Global Plant Based Spreads Market, by Grains, 2017-2030 (US$ Bn)
FIG. 33 Global Plant Based Spreads Market Value Contribution, By Distribution Channel, 2022 & 2030 (Value %)
FIG. 34 Global Plant Based Spreads Market, by Hypermarket and Supermarket, Value, 2017-2030 (US$ Bn)
FIG. 35 Global Plant Based Spreads Market, by Convenience Store, 2017-2030 (US$ Bn)
FIG. 36 Global Plant Based Spreads Market, by Specialty Store, 2017-2030 (US$ Bn)
FIG. 37 Global Plant Based Spreads Market, by Online, 2017-2030 (US$ Bn)
FIG. 38 North America Plant Based Spreads Market, 2017-2030 (US$ Bn)
FIG. 39 U.S. Plant Based Spreads Market, 2017-2030 (US$ Bn)
FIG. 40 Canada Plant Based Spreads Market, 2017-2030 (US$ Bn)
FIG. 41 Europe Plant Based Spreads Market, 2017-2030 (US$ Bn)
FIG. 42 Germany Plant Based Spreads Market, 2017-2030 (US$ Bn)
FIG. 43 France Plant Based Spreads Market, 2017-2030 (US$ Bn)
FIG. 44 U.K. Plant Based Spreads Market, 2017-2030 (US$ Bn)
FIG. 45 Italy Plant Based Spreads Market, 2017-2030 (US$ Bn)
FIG. 46 Spain Plant Based Spreads Market, 2017-2030 (US$ Bn)
FIG. 47 Rest of Europe Plant Based Spreads Market, 2017-2030 (US$ Bn)
FIG. 48 Asia Pacific Plant Based Spreads Market, 2017-2030 (US$ Bn)
FIG. 49 China Plant Based Spreads Market, 2017-2030 (US$ Bn)
FIG. 50 Japan Plant Based Spreads Market, 2017-2030 (US$ Bn)
FIG. 51 India Plant Based Spreads Market, 2017-2030 (US$ Bn)
FIG. 52 South Korea Plant Based Spreads Market, 2017-2030 (US$ Bn)
FIG. 53 South-East Asia Plant Based Spreads Market, 2017-2030 (US$ Bn)
FIG. 54 Rest of Asia Pacific Plant Based Spreads Market, 2017-2030 (US$ Bn)
FIG. 55 Latin America Plant Based Spreads Market, 2017-2030 (US$ Bn)
FIG. 56 Brazil Plant Based Spreads Market, 2017-2030 (US$ Bn)
FIG. 57 Mexico Plant Based Spreads Market, 2017-2030 (US$ Bn)
FIG. 58 Rest of Latin America Plant Based Spreads Market, 2017-2030 (US$ Bn)
FIG. 59 Middle East & Africa Plant Based Spreads Market, 2017-2030 (US$ Bn)
FIG. 60 GCC Countries Plant Based Spreads Market, 2017-2030 (US$ Bn)
FIG. 61 South Africa Plant Based Spreads Market, 2017-2030 (US$ Bn)
FIG. 62 Rest of Middle East and Africa Plant Based Spreads Market, 2017-2030 (US$ Bn)

List of Tables
TABLE 1 Market Snapshot: Global Plant Based Spreads Market
TABLE 2 Global Plant Based Spreads Market: Market Drivers Impact Analysis
TABLE 3 Global Plant Based Spreads Market: Market Restraints Impact Analysis
TABLE 4 Global Plant Based Spreads Market, by Competitive Benchmarking, 2022
TABLE 5 Global Plant Based Spreads Market, by Geographical Presence Analysis, 2022
TABLE 6 Global Plant Based Spreads Market, by Key Strategies Analysis, 2022
TABLE 7 Global Plant Based Spreads Market, by Types of Spread, By Region, 2017-2022 (US$ Bn)
TABLE 8 Global Plant Based Spreads Market, by Types of Spread, By Region, 2023-2030 (US$ Bn)
TABLE 9 Global Plant Based Spreads Market, by Lard, By Region, 2017-2022 (US$ Bn)
TABLE 10 Global Plant Based Spreads Market, by Lard, By Region, 2023-2030 (US$ Bn)
TABLE 11 Global Plant Based Spreads Market, by Margarine, By Region, 2017-2022 (US$ Bn)
TABLE 12 Global Plant Based Spreads Market, by Margarine, By Region, 2023-2030 (US$ Bn)
TABLE 13 Global Plant Based Spreads Market, by Nut Butters, By Region, 2017-2022 (US$ Bn)
TABLE 14 Global Plant Based Spreads Market, by Nut Butters, By Region, 2023-2030 (US$ Bn)
TABLE 15 Global Plant Based Spreads Market, by Legume-based spreads, By Region, 2017-2022 (US$ Bn)
TABLE 16 Global Plant Based Spreads Market, by Legume-based spreads, By Region, 2023-2030 (US$ Bn)
TABLE 17 Global Plant Based Spreads Market, by Veggie Pâtés, By Region, 2017-2022 (US$ Bn)
TABLE 18 Global Plant Based Spreads Market, by Veggie Pâtés, By Region, 2023-2030 (US$ Bn)
TABLE 19 Global Plant Based Spreads Market, by Pestos, By Region, 2017-2022 (US$ Bn)
TABLE 20 Global Plant Based Spreads Market, by Pestos, By Region, 2023-2030 (US$ Bn)
TABLE 21 Global Plant Based Spreads Market, by Guacamole, By Region, 2017-2022 (US$ Bn)
TABLE 22 Global Plant Based Spreads Market, by Guacamole, By Region, 2023-2030 (US$ Bn)
TABLE 23 Global Plant Based Spreads Market, by Hummus, By Region, 2017-2022 (US$ Bn)
TABLE 24 Global Plant Based Spreads Market, by Hummus, By Region, 2023-2030 (US$ Bn)
TABLE 25 Global Plant Based Spreads Market, by Vegan Cream Cheese, By Region, 2017-2022 (US$ Bn)
TABLE 26 Global Plant Based Spreads Market, by Vegan Cream Cheese, By Region, 2023-2030 (US$ Bn)
TABLE 27 Global Plant Based Spreads Market, by Vegan Herring Salad, By Region, 2017-2022 (US$ Bn)
TABLE 28 Global Plant Based Spreads Market, by Vegan Herring Salad, By Region, 2023-2030 (US$ Bn)
TABLE 29 Global Plant Based Spreads Market, by Jam and Others, By Region, 2017-2022 (US$ Bn)
TABLE 30 Global Plant Based Spreads Market, by Jam and Others, By Region, 2023-2030 (US$ Bn)
TABLE 31 Global Plant Based Spreads Market, by Source, By Region, 2017-2022 (US$ Bn)
TABLE 32 Global Plant Based Spreads Market, by Source, By Region, 2017-2022 (US$ Bn)
TABLE 33 Global Plant Based Spreads Market, by Pulses, By Region, 2017-2022 (US$ Bn)
TABLE 34 Global Plant Based Spreads Market, by Pulses, By Region, 2023-2030 (US$ Bn)
TABLE 35 Global Plant Based Spreads Market, by Vegetables, By Region, 2017-2022 (US$ Bn)
TABLE 36 Global Plant Based Spreads Market, by Vegetables, By Region, 2023-2030 (US$ Bn)
TABLE 37 Global Plant Based Spreads Market, by Oils, By Region, 2017-2022 (US$ Bn)
TABLE 38 Global Plant Based Spreads Market, by Oils, By Region, 2023-2030 (US$ Bn)
TABLE 39 Global Plant Based Spreads Market, by Nuts, By Region, 2017-2022 (US$ Bn)
TABLE 40 Global Plant Based Spreads Market, by Nuts, By Region, 2023-2030 (US$ Bn)
TABLE 41 Global Plant Based Spreads Market, by Seeds, By Region, 2017-2022 (US$ Bn)
TABLE 42 Global Plant Based Spreads Market, by Seeds, By Region, 2023-2030 (US$ Bn)
TABLE 43 Global Plant Based Spreads Market, by Grains, By Region, 2017-2022 (US$ Bn)
TABLE 44 Global Plant Based Spreads Market, by Grains, By Region, 2023-2030 (US$ Bn)
TABLE 45 Global Plant Based Spreads Market, by Distribution Channel, By Region, 2017-2022 (US$ Bn)
TABLE 46 Global Plant Based Spreads Market, by Distribution Channel, By Region, 2023-2030 (US$ Bn)
TABLE 47 Global Plant Based Spreads Market, by Hypermarket and Supermarket, By Region, 2017-2022 (US$ Bn)
TABLE 48 Global Plant Based Spreads Market, by Hypermarket and Supermarket, By Region, 2023-2030 (US$ Bn)
TABLE 49 Global Plant Based Spreads Market, by Convenience Stores, By Region, 2017-2022 (US$ Bn)
TABLE 50 Global Plant Based Spreads Market, by Convenience Stores, By Region, 2023-2030 (US$ Bn)
TABLE 51 Global Plant Based Spreads Market, by Specialty Store, By Region, 2017-2022 (US$ Bn)
TABLE 52 Global Plant Based Spreads Market, by Specialty Store, By Region, 2023-2030 (US$ Bn)
TABLE 53 Global Plant Based Spreads Market, by Online, By Region, 2017-2022 (US$ Bn)
TABLE 54 Global Plant Based Spreads Market, by Online, By Region, 2023-2030 (US$ Bn)
TABLE 55 Global Plant Based Spreads Market, by Region, 2017-2022 (US$ Bn)
TABLE 56 Global Plant Based Spreads Market, by Region, 2023-2030 (US$ Bn)
TABLE 57 North America Plant Based Spreads Market, by Types of Spread, 2017-2022 (US$ Bn)
TABLE 58 North America Plant Based Spreads Market, by Types of Spread, 2023-2030 (US$ Bn)
TABLE 59 North America Plant Based Spreads Market, by Source, 2017-2022 (US$ Bn)
TABLE 60 North America Plant Based Spreads Market, by Source, 2023-2030 (US$ Bn)
TABLE 61 North America Plant Based Spreads Market, by Distribution Channel, 2017-2022 (US$ Bn)
TABLE 62 North America Plant Based Spreads Market, by Distribution Channel, 2023-2030 (US$ Bn)
TABLE 63 North America Plant Based Spreads Market, by Country, 2017-2022 (US$ Bn)
TABLE 64 North America Plant Based Spreads Market, by Country, 2023-2030 (US$ Bn)
TABLE 65 United States Plant Based Spreads Market, by Types of Spread, 2017-2022 (US$ Bn)
TABLE 66 United States Plant Based Spreads Market, by Types of Spread, 2023-2030 (US$ Bn)
TABLE 67 United States Plant Based Spreads Market, by Source, 2017-2022 (US$ Bn)
TABLE 68 United States Plant Based Spreads Market, by Source, 2023-2030 (US$ Bn)
TABLE 69 United States Plant Based Spreads Market, by Distribution Channel, 2017-2022 (US$ Bn)
TABLE 70 United States Plant Based Spreads Market, by Distribution Channel, 2023-2030 (US$ Bn)
TABLE 71 Canada Plant Based Spreads Market, by Types of Spread, 2017-2022 (US$ Bn)
TABLE 72 Canada Plant Based Spreads Market, by Types of Spread, 2023-2030 (US$ Bn)
TABLE 73 Canada Plant Based Spreads Market, by Source, 2017-2022 (US$ Bn)
TABLE 74 Canada Plant Based Spreads Market, by Source, 2023-2030 (US$ Bn)
TABLE 75 Canada Plant Based Spreads Market, by Distribution Channel, 2017-2022 (US$ Bn)
TABLE 76 Canada Plant Based Spreads Market, by Distribution Channel, 2023-2030 (US$ Bn)
TABLE 77 Mexico Plant Based Spreads Market, by Types of Spread, 2017-2022 (US$ Bn)
TABLE 78 Mexico Plant Based Spreads Market, by Types of Spread, 2023-2030 (US$ Bn)
TABLE 79 Mexico Plant Based Spreads Market, by Source, 2017-2022 (US$ Bn)
TABLE 80 Mexico Plant Based Spreads Market, by Source, 2023-2030 (US$ Bn)
TABLE 81 Mexico Plant Based Spreads Market, by Distribution Channel, 2017-2022 (US$ Bn)
TABLE 82 Mexico Plant Based Spreads Market, by Distribution Channel, 2023-2030 (US$ Bn)
TABLE 83 Europe Plant Based Spreads Market, by Types of Spread, 2017-2022 (US$ Bn)
TABLE 84 Europe Plant Based Spreads Market, by Types of Spread, 2023-2030 (US$ Bn)
TABLE 85 Europe Plant Based Spreads Market, by Source, 2017-2022 (US$ Bn)
TABLE 86 Europe Plant Based Spreads Market, by Source, 2023-2030 (US$ Bn)
TABLE 87 Europe Plant Based Spreads Market, by Distribution Channel, 2017-2022 (US$ Bn)
TABLE 88 Europe Plant Based Spreads Market, by Distribution Channel, 2023-2030 (US$ Bn)
TABLE 89 Europe Plant Based Spreads Market, by Country, 2017-2022 (US$ Bn)
TABLE 90 Europe Plant Based Spreads Market, by Country, 2023-2030 (US$ Bn)
TABLE 91 Germany Plant Based Spreads Market, by Types of Spread, 2017-2022 (US$ Bn)
TABLE 92 Germany Plant Based Spreads Market, by Types of Spread, 2023-2030 (US$ Bn)
TABLE 93 Germany Plant Based Spreads Market, by Source, 2017-2022 (US$ Bn)
TABLE 94 Germany Plant Based Spreads Market, by Source, 2023-2030 (US$ Bn)
TABLE 95 Germany Plant Based Spreads Market, by Distribution Channel, 2017-2022 (US$ Bn)
TABLE 96 Germany Plant Based Spreads Market, by Distribution Channel, 2023-2030 (US$ Bn)
TABLE 97 France Plant Based Spreads Market, by Types of Spread, 2017-2022 (US$ Bn)
TABLE 98 France Plant Based Spreads Market, by Types of Spread, 2023-2030 (US$ Bn)
TABLE 99 France Plant Based Spreads Market, by Source, 2017-2022 (US$ Bn)
TABLE 100 France Plant Based Spreads Market, by Source, 2023-2030 (US$ Bn)
TABLE 101 France Plant Based Spreads Market, by Distribution Channel, 2017-2022 (US$ Bn)
TABLE 102 France Plant Based Spreads Market, by Distribution Channel, 2023-2030 (US$ Bn)
TABLE 103 United Kingdom Plant Based Spreads Market, by Types of Spread, 2017-2022 (US$ Bn)
TABLE 104 United Kingdom Plant Based Spreads Market, by Types of Spread, 2023-2030 (US$ Bn)
TABLE 105 United Kingdom Plant Based Spreads Market, by Source, 2017-2022 (US$ Bn)
TABLE 106 United Kingdom Plant Based Spreads Market, by Source, 2023-2030 (US$ Bn)
TABLE 107 United Kingdom Plant Based Spreads Market, by Distribution Channel, 2017-2022 (US$ Bn)
TABLE 108 United Kingdom Plant Based Spreads Market, by Distribution Channel, 2023-2030 (US$ Bn)
TABLE 109 Italy Plant Based Spreads Market, by Types of Spread, 2017-2022 (US$ Bn)
TABLE 110 Italy Plant Based Spreads Market, by Types of Spread, 2023-2030 (US$ Bn)
TABLE 111 Italy Plant Based Spreads Market, by Source, 2017-2022 (US$ Bn)
TABLE 112 Italy Plant Based Spreads Market, by Source, 2023-2030 (US$ Bn)
TABLE 113 Italy Plant Based Spreads Market, by Distribution Channel, 2017-2022 (US$ Bn)
TABLE 114 Italy Plant Based Spreads Market, by Distribution Channel, 2023-2030 (US$ Bn)
TABLE 115 Spain Plant Based Spreads Market, by Types of Spread, 2017-2022 (US$ Bn)
TABLE 116 Spain Plant Based Spreads Market, by Types of Spread, 2023-2030 (US$ Bn)
TABLE 117 Spain Plant Based Spreads Market, by Source, 2017-2022 (US$ Bn)
TABLE 118 Spain Plant Based Spreads Market, by Source, 2023-2030 (US$ Bn)
TABLE 119 Spain Plant Based Spreads Market, by Distribution Channel, 2017-2022 (US$ Bn)
TABLE 120 Spain Plant Based Spreads Market, by Distribution Channel, 2023-2030 (US$ Bn)
TABLE 121 Rest of Europe Plant Based Spreads Market, by Types of Spread, 2017-2022 (US$ Bn)
TABLE 122 Rest of Europe Plant Based Spreads Market, by Types of Spread, 2023-2030 (US$ Bn)
TABLE 123 Rest of Europe Plant Based Spreads Market, by Source, 2017-2022 (US$ Bn)
TABLE 124 Rest of Europe Plant Based Spreads Market, by Source, 2023-2030 (US$ Bn)
TABLE 125 Rest of Europe Plant Based Spreads Market, by Distribution Channel, 2017-2022 (US$ Bn)
TABLE 126 Rest of Europe Plant Based Spreads Market, by Distribution Channel, 2023-2030 (US$ Bn)
TABLE 127 Asia Pacific Plant Based Spreads Market, by Types of Spread, 2017-2022 (US$ Bn)
TABLE 128 Asia Pacific Plant Based Spreads Market, by Types of Spread, 2023-2030 (US$ Bn)
TABLE 129 Asia Pacific Plant Based Spreads Market, by Source, 2017-2022 (US$ Bn)
TABLE 130 Asia Pacific Plant Based Spreads Market, by Source, 2023-2030 (US$ Bn)
TABLE 131 Asia Pacific Plant Based Spreads Market, by Distribution Channel, 2017-2022 (US$ Bn)
TABLE 132 Asia Pacific Plant Based Spreads Market, by Distribution Channel, 2023-2030 (US$ Bn)
TABLE 133 China Plant Based Spreads Market, by Types of Spread, 2017-2022 (US$ Bn)
TABLE 134 China Plant Based Spreads Market, by Types of Spread, 2023-2030 (US$ Bn)
TABLE 135 China Plant Based Spreads Market, by Source, 2017-2022 (US$ Bn)
TABLE 136 China Plant Based Spreads Market, by Source, 2023-2030 (US$ Bn)
TABLE 137 China Plant Based Spreads Market, by Distribution Channel, 2017-2022 (US$ Bn)
TABLE 138 China Plant Based Spreads Market, by Distribution Channel, 2023-2030 (US$ Bn)
TABLE 139 Japan Plant Based Spreads Market, by Types of Spread, 2017-2022 (US$ Bn)
TABLE 140 Japan Plant Based Spreads Market, by Types of Spread, 2023-2030 (US$ Bn)
TABLE 141 Japan Plant Based Spreads Market, by Source, 2017-2022 (US$ Bn)
TABLE 142 Japan Plant Based Spreads Market, by Source, 2023-2030 (US$ Bn)
TABLE 143 Japan Plant Based Spreads Market, by Distribution Channel, 2017-2022 (US$ Bn)
TABLE 144 Japan Plant Based Spreads Market, by Distribution Channel, 2023-2030 (US$ Bn)
TABLE 145 India Plant Based Spreads Market, by Types of Spread, 2017-2022 (US$ Bn)
TABLE 146 India Plant Based Spreads Market, by Types of Spread, 2023-2030 (US$ Bn)
TABLE 147 India Plant Based Spreads Market, by Source, 2017-2022 (US$ Bn)
TABLE 148 India Plant Based Spreads Market, by Source, 2023-2030 (US$ Bn)
TABLE 149 India Plant Based Spreads Market, by Distribution Channel, 2017-2022 (US$ Bn)
TABLE 150 India Plant Based Spreads Market, by Distribution Channel, 2023-2030 (US$ Bn)
TABLE 151 South Korea Plant Based Spreads Market, by Types of Spread, 2017-2022 (US$ Bn)
TABLE 152 South Korea Plant Based Spreads Market, by Types of Spread, 2023-2030 (US$ Bn)
TABLE 153 South Korea Plant Based Spreads Market, by Source, 2017-2022 (US$ Bn)
TABLE 154 South Korea Plant Based Spreads Market, by Source, 2023-2030 (US$ Bn)
TABLE 155 South Korea Plant Based Spreads Market, by Distribution Channel, 2017-2022 (US$ Bn)
TABLE 156 South Korea Plant Based Spreads Market, by Distribution Channel, 2023-2030 (US$ Bn)
TABLE 157 South-East Asia Plant Based Spreads Market, by Types of Spread, 2017-2022 (US$ Bn)
TABLE 158 South-East Asia Plant Based Spreads Market, by Types of Spread, 2023-2030 (US$ Bn)
TABLE 159 South-East Asia Plant Based Spreads Market, by Source, 2017-2022 (US$ Bn)
TABLE 160 South-East Asia Plant Based Spreads Market, by Source, 2023-2030 (US$ Bn)
TABLE 161 South-East Asia Plant Based Spreads Market, by Distribution Channel, 2017-2022 (US$ Bn)
TABLE 162 South-East Asia Plant Based Spreads Market, by Distribution Channel, 2023-2030 (US$ Bn)
TABLE 163 Rest of Asia Pacific Plant Based Spreads Market, by Types of Spread, 2017-2022 (US$ Bn)
TABLE 164 Rest of Asia Pacific Plant Based Spreads Market, by Types of Spread, 2023-2030 (US$ Bn)
TABLE 165 Rest of Asia Pacific Plant Based Spreads Market, by Source, 2017-2022 (US$ Bn)
TABLE 166 Rest of Asia Pacific Plant Based Spreads Market, by Source, 2023-2030 (US$ Bn)
TABLE 167 Rest of Asia Pacific Plant Based Spreads Market, by Distribution Channel, 2017-2022 (US$ Bn)
TABLE 168 Rest of Asia Pacific Plant Based Spreads Market, by Distribution Channel, 2023-2030 (US$ Bn)
TABLE 169 Latin America Plant Based Spreads Market, by Types of Spread, 2017-2022 (US$ Bn)
TABLE 170 Latin America Plant Based Spreads Market, by Types of Spread, 2023-2030 (US$ Bn)
TABLE 171 Latin America Plant Based Spreads Market, by Source, 2017-2022 (US$ Bn)
TABLE 172 Latin America Plant Based Spreads Market, by Source, 2023-2030 (US$ Bn)
TABLE 173 Latin America Plant Based Spreads Market, by Distribution Channel, 2017-2022 (US$ Bn)
TABLE 174 Latin America Plant Based Spreads Market, by Distribution Channel, 2023-2030 (US$ Bn)
TABLE 175 Brazil Plant Based Spreads Market, by Types of Spread, 2017-2022 (US$ Bn)
TABLE 176 Brazil Plant Based Spreads Market, by Types of Spread, 2023-2030 (US$ Bn)
TABLE 177 Brazil Plant Based Spreads Market, by Source, 2017-2022 (US$ Bn)
TABLE 178 Brazil Plant Based Spreads Market, by Source, 2023-2030 (US$ Bn)
TABLE 179 Brazil Plant Based Spreads Market, by Distribution Channel, 2017-2022 (US$ Bn)
TABLE 180 Brazil Plant Based Spreads Market, by Distribution Channel, 2023-2030 (US$ Bn)
TABLE 181 Argentina Plant Based Spreads Market, by Types of Spread, 2017-2022 (US$ Bn)
TABLE 182 Argentina Plant Based Spreads Market, by Types of Spread, 2023-2030 (US$ Bn)
TABLE 183 Argentina Plant Based Spreads Market, by Source, 2017-2022 (US$ Bn)
TABLE 184 Argentina Plant Based Spreads Market, by Source, 2023-2030 (US$ Bn)
TABLE 185 Argentina Plant Based Spreads Market, by Distribution Channel, 2017-2022 (US$ Bn)
TABLE 186 Argentina Plant Based Spreads Market, by Distribution Channel, 2023-2030 (US$ Bn)
TABLE 187 Rest of Latin America Plant Based Spreads Market, by Types of Spread, 2017-2022 (US$ Bn)
TABLE 188 Rest of Latin America Plant Based Spreads Market, by Types of Spread, 2023-2030 (US$ Bn)
TABLE 189 Rest of Latin America Plant Based Spreads Market, by Source, 2017-2022 (US$ Bn)
TABLE 190 Rest of Latin America Plant Based Spreads Market, by Source, 2023-2030 (US$ Bn)
TABLE 191 Rest of Latin America Plant Based Spreads Market, by Distribution Channel, 2017-2022 (US$ Bn)
TABLE 192 Rest of Latin America Plant Based Spreads Market, by Distribution Channel, 2023-2030 (US$ Bn)
TABLE 193 Middle East and Africa Plant Based Spreads Market, by Types of Spread, 2017-2022 (US$ Bn)
TABLE 194 Middle East and Africa Plant Based Spreads Market, by Types of Spread, 2023-2030 (US$ Bn)
TABLE 195 Middle East and Africa Plant Based Spreads Market, by Source, 2017-2022 (US$ Bn)
TABLE 196 Middle East and Africa Plant Based Spreads Market, by Source, 2023-2030 (US$ Bn)
TABLE 197 Middle East and Africa Plant Based Spreads Market, by Distribution Channel, 2017-2022 (US$ Bn)
TABLE 198 Middle East and Africa Plant Based Spreads Market, by Distribution Channel, 2023-2030 (US$ Bn)
TABLE 199 GCC Countries Plant Based Spreads Market, by Types of Spread, 2017-2022 (US$ Bn)
TABLE 200 GCC Countries Plant Based Spreads Market, by Types of Spread, 2023-2030 (US$ Bn)
TABLE 201 GCC Countries Plant Based Spreads Market, by Source, 2017-2022 (US$ Bn)
TABLE 202 GCC Countries Plant Based Spreads Market, by Source, 2023-2030 (US$ Bn)
TABLE 203 GCC Countries Plant Based Spreads Market, by Distribution Channel, 2017-2022 (US$ Bn)
TABLE 204 GCC Countries Plant Based Spreads Market, by Distribution Channel, 2023-2030 (US$ Bn)
TABLE 205 South Africa Plant Based Spreads Market, by Types of Spread, 2017-2022 (US$ Bn)
TABLE 206 South Africa Plant Based Spreads Market, by Types of Spread, 2023-2030 (US$ Bn)
TABLE 207 South Africa Plant Based Spreads Market, by Source, 2017-2022 (US$ Bn)
TABLE 208 South Africa Plant Based Spreads Market, by Source, 2023-2030 (US$ Bn)
TABLE 209 South Africa Plant Based Spreads Market, by Distribution Channel, 2017-2022 (US$ Bn)
TABLE 210 South Africa Plant Based Spreads Market, by Distribution Channel, 2023-2030 (US$ Bn)
TABLE 211 Rest of Middle East and Africa Plant Based Spreads Market, by Types of Spread, 2017-2022 (US$ Bn)
TABLE 212 Rest of Middle East and Africa Plant Based Spreads Market, by Types of Spread, 2023-2030 (US$ Bn)
TABLE 213 Rest of Middle East and Africa Plant Based Spreads Market, by Source, 2017-2022 (US$ Bn)
TABLE 214 Rest of Middle East and Africa Plant Based Spreads Market, by Source, 2023-2030 (US$ Bn)
TABLE 215 Rest of Middle East and Africa Plant Based Spreads Market, by Distribution Channel, 2017-2022 (US$ Bn)
TABLE 216 Rest of Middle East and Africa Plant Based Spreads Market, by Distribution Channel, 2023-2030 (US$ Bn)

Frequently Asked Questions

What is the current size of the global plant based spreads market?

The global plant based spreads market was valued at USD 0.6 Billion in 2022.

What is the expected growth rate of the plant based spreads market between 2023 and 2030?

The plant based spreads market is expected to grow at a CAGR of 5.8% between 2023 and 2030, reaching USD 0.8 Billion in 2030.

Which segment is leading the market share in terms of source?

Nut butter is the leading segment by type, holding over 75% share in value in 2022.

Which type segment governs the demand for plant based spreads worldwide?

Nuts govern the global demand for plant based spreads, holding a massive share of over 30% in 2022.

Which distribution channel segment governs the demand for plant based spreads worldwide?

The hypermarket and supermarket segment is expected to post the highest CAGR during the forecast period.

Which region is fueling the growth of the plant based spreads industry?

North America is fueling the growth of the plant based spreads industry, with an over one-third share in 2022.

Who are the major players in the global plant based spreads market?

The top players include Follow Your Heart, DAIYA FOODS INC., Meridian Group., Amy’s Kitchen, Inc., and B&G Foods, Inc.

What are the major market drivers of the plant based spreads industry?

The major market drivers are increasing consumer awareness and concern for health and wellness, a rise in the vegan and vegetarian population, and growing demand for healthier and sustainable food options.

What are the major market restraints of the plant based spreads industry?

Higher cost compared to traditional spreads and perception of plant-based spreads having different taste and texture are the major market restraints.

What are the major market opportunities of the plant based spreads industry?

Expansion into new geographical regions and emerging markets, product diversification to cater to various dietary preferences and restrictions, and innovation in flavors, ingredients, and packaging formats.

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