Latin America Nut Based Spread Market by Product Type, Distribution Channel, End User 2024-2032
                     Latin America Nut 
Based Spread Market 
Research and Forecast 
Report 2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
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In ternat ional  Market  Analys is  Research and Consul t ing Group is  a leading adv iser  on management  
s t rategy and market  research wor ldwide.  We par tner  wi th c l ients  in  a l l  regions and indust ry  
vert ica ls  to  ident i fy  thei r  h ighest -value oppor tuni t ies,  address thei r  most  cr i t ica l  chal lenges,  and 
t ransform thei r  bus inesses.
IMARC’s in format ion products  inc lude major market ,  sc ient i f ic ,  economic and technological  
developments  for  bus iness leaders  in  pharmaceut ica l ,  indust r ia l ,  and h igh technology 
organizat ions.  Market  forecasts  and indust ry  analys is  for  b iotechnology,  advanced mater ia ls ,  
chemicals ,  food and beverage,  t ravel  and tour ism, nanotechnology and novel  process ing methods 
are at  the top of  the company’s  exper t ise.
IMARC’s ta i lored approach combines unfathomable ins ight  in to the dynamics o f  companies and 
markets wi th c lose cooperat ion at  a l l  levels  of  the c l ient  organizat ion.  This ensures that  our  c l ients 
achieve unmatchable compet i t ive advantage,  bui ld  more pro f ic ient  organizat ions,  and secure 
las t ing resul ts .
A c c o r d i n g  t o  t h e  l a t e s t  r e p o r t  b y  I M A R C  G r o u p ,  t i t l e d  " L a t i n  A m e r i c a  N u t  B a s e d  S p r e a d  
M a r k e t :  I n d u s t r y  T r e n d s ,  S h a r e ,  S i z e ,  G r o w t h ,  O p p o r t u n i t y  a n d  F o r e c a s t  2 0 2 4 -
2 0 3 2 , "  t h e  L a t i n  A m e r i c a  n u t  b a s e d  s p r e a d  m a r k e t  s i z e  i s  p r o j e c t e d  t o  e x h i b i t  a  g r o w t h  r a t e  
( C A G R )  o f  7 . 0 0 %  d u r i n g  2 0 2 4 - 2 0 3 2 .
A  n u t - b a s e d  s p r e a d  i s  a  t y p e  o f  s p r e a d  m a d e  p r i m a r i l y  f r o m  n u t s ,  o f t e n  b l e n d e d  w i t h  o t h e r  
Report i n g r e d i e n t s  t o  c r e a t e  a  c r e a m y ,  f l a v o r f u l  p a s t e .  N u t s  s u c h  a s  p e a n u t s ,  a l m o n d s ,  c a s h e w s ,  h a z e l n u t s ,  a n d  w a l n u t s  a r e  c o m m o n l y  u s e d  t o  m a k e  t h e s e  s p r e a d s .  O n e  o f  t h e  m o s t  p o p u l a r  
n u t - b a s e d  s p r e a d s  i s  p e a n u t  b u t t e r ,  w h i c h  i s  m a d e  b y  g r i n d i n g  r o a s t e d  p e a n u t s  i n t o  a  s m o o t h  
Highlight and o r  c h u n k y  p a s t e .  A l m o n d  b u t t e r ,  a n o t h e r  c o m m o n  v a r i a n t ,  i s  c r e a t e d  i n  a  s i m i l a r  m a n n e r  u s i n g  r o a s t e d  
a l m o n d s .  T h e s e  s p r e a d s  a r e  o f t e n  e n r i c h e d  w i t h  a d d i t i o n a l  i n g r e d i e n t s  s u c h  a s  s a l t ,  s u g a r ,  
Description h o n e y ,  o r  o i l  t o  e n h a n c e  t h e i r  t a s t e  a n d  t e x t u r e .  N u t - b a s e d  s p r e a d s  a r e  d e l i c i o u s  a n d  a l s o  p r o v i d e  a  r a n g e  o f  n u t r i t i o n a l  b e n e f i t s .  N u t s  a r e  n a t u r a l l y  r i c h  i n  p r o t e i n ,  h e a l t h y  f a t s ,  f i b e r ,  
v i t a m i n s ,  a n d  m i n e r a l s ,  m a k i n g  t h e m  a  n u t r i t i o u s  c h o i c e  f o r  s p r e a d i n g  o n  t o a s t ,  c r a c k e r s ,  
f r u i t ,  o r  i n c o r p o r a t i n g  i n t o  r e c i p e s .  T h e y  o f f e r  a  c o n v e n i e n t  w a y  t o  i n c o r p o r a t e  e s s e n t i a l  
n u t r i e n t s  i n t o  o n e ' s  d i e t ,  p a r t i c u l a r l y  f o r  t h o s e  f o l l o w i n g  a  p l a n t - b a s e d  o r  v e g e t a r i a n  l i f e s t y l e .
R e q u e s t  f o r  a  P D F  s a m p l e  o f  t h i s  r e p o r t :  
h t t p s : / / w w w . i m a r c g r o u p . c o m / l a t i n - a m e r i c a - n u t - b a s e d - s p r e a d - m a r k e t / r e q u e s t s a m p l e
Report Description
L a t i n  A m e r i c a  N u t  B a s e d  S p r e a d  M a r k e t  T r e n d s :
A s  c o n s u me r s  b e c o m e  m o r e  h e a l t h - c o n s c i o u s ,  t h e r e  i s  a  g r o w i n g  p r e fe r e n c e  f o r  n u t r i t i o u s  a n d  n a t u r a l  f o o d  o p t i o n s .  N u t - b a s e d  
s p r e a d s ,  s u c h  a s  p e a n u t  b u t t e r ,  a l m o n d  b u t t e r ,  a n d  o t h e r s ,  a r e  p e r c e i v e d  a s  h e a l t h y  a l t e r n a t i v e s  t o  t r a d i t i o n a l  s p r e a d s ,  s u c h  a s  
m a r g a r i n e  o r  c h o c o l a t e  s p r e a d s .  N u t s  a r e  r i c h  i n  p r o t e i n ,  h e a l t h y  f a t s ,  f i b e r ,  v i t a m i n s ,  a n d  m i n e r a l s ,  m a k i n g  n u t - b a s e d  s p r e a d s  a  
p o p u l a r  c h o i c e  a m o n g  h e a l t h - c o n s c i o u s  c o n s u m e r s  s e e k i n g  n u t r i e n t - d e n s e  o p t i o n s .  A d d i t i o n a l l y ,  t h e   i n c r e a s i n g  a d o p t i o n  o f  p l a n t -
b a s e d  d i e t s  i s  a n o t h e r  s i g n i f i c a n t  d r i v e r  o f  t h e  n u t - b a s e d  s p r e a d  m a r k e t  i n  L a t i n  A m e r i c a .  W i t h  c o n c e r n s  a b o u t  s u s ta i n a b i l i t y ,  
a n i m a l  w e l f a r e ,  a n d  p e r s o n a l  h e a l t h ,  m a n y  c o n s u m e r s  a r e  t u r n i n g  t o  p l a n t - b a s e d  a l t e r n a t i v e s .  
N u t - b a s e d  s p r e a d s  a l i g n  w e l l  w i t h  t h i s  t r e n d  a s  t h e y  o f f e r  a  p l a n t - b a s e d  s o u r c e  o f  p r o te i n  a n d  a r e  s u i t a b l e  f o r  v e g a n s  a n d  
v e g e t a r i a n s .  O th e r  t h a n  t h i s ,  n u t - b a s e d   s p r e a d s  a r e  n u t r i t i o u s  a n d  a l s o  c o n v e n i e n t  a n d  v e r s a t i l e .  T h e y  c a n  b e  s p r e a d  o n  t o a s t ,  
c r a c k e r s ,  o r  f r u i t  f o r  a  q u i c k  a n d  s a t i s f y i n g  s n a c k ,  o r  u s e d  a s  i n g r e d i e n t s  i n  r e c i p e s  r a n g i n g  f r o m  s m o o th i e s  a n d  b a k e d  g o o d s  t o  
s a v o r y  s a u c e s  a n d  d r e s s i n g s .  T h e  v e r s a t i l i t y  o f  n u t - b a s e d  s p r e a d s  m a k e s  t h e m  a p p e a l i n g  t o  b u s y  c o n s u m e r s  l o o k i n g  f o r  
c o n v e n i e n t  y e t  w h o l e s o m e  f o o d  o p t i o n s .  B e s i d e s  t h i s ,  m a n u f a c tu r e r s  i n  t h e  L a t i n  A m e r i c a  n u t - b a s e d  s p r e a d  ma r k e t  a r e  c o n t i n u a l l y  
i n n o v a t i n g  t o  o f f e r  c o n s u m e r s  a  w i d e  v a r i e t y  o f  f l a v o r s  a n d  o p t i o n s .  B e y o n d  t r a d i t i o n a l  p e a n u t  b u t t e r  a n d  a l m o n d  b u t t e r ,  t h e r e  a r e  
n o w  s p r e a d s  m a d e  f r o m  c a s h e w s ,  h a z e l n u t s ,  w a l n u t s ,  a n d  o th e r  n u t s .
V ie w  R e p o r t  T O C ,  F i g u r e s  a n d  T a b l e s :  h t t p s : / / w w w . i m a r c g r o u p . c o m / l a t in - a m e r ic a - n u t - b a s e d - s p r e a d - m a r k e t
Product Type Insights:
• Peanut Based Spreads
• Almond Based Spreads
• Walnut Based Spreads
• Cashew Based Spreads
• Hazelnut Based Spreads
• Others
Report 
Segmentation Form Insights:
• Crunchy
• Creamy
Packaging Type Insights:
• Glass Packaging
• Plast ic  Packaging
• Others
Distribution Channel Insights:
• Supermarkets and Hypermarkets
• Convenience Stores
• Online Stores
• Others
Report Country Insights:
•
Segmentation Brazi l
• Mexico
• Argentina
• Columbia
• Chi le
• Peru
• Others
How has the Latin America nut based spread market 
performed so far and how will it perform in the coming 
years?
What has been the impact of COVID-19 on the Latin 
America nut based spread market?
Key 
What is the breakup of the Latin America nut based 
Questions spread market on the basis of product type?
Answered in 
What is the breakup of the Latin America nut based 
the Report spread market on the basis of form?
What is the breakup of the Latin America nut based 
spread market on the basis of packaging type?
What is the breakup of the Latin America nut based 
spread market on the basis of distribution channel?
What are the various stages in the value chain of the 
Latin America nut based spread market?
What are the key driving factors and challenges in the 
Latin America nut based spread?
Key 
What is the structure of the Latin America nut based 
Questions spread market and who are the key players?
Answered in 
What is the degree of competition in the Latin America 
the Report nut based spread market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
Table of         2 . 4 . 1     B o t t o m - U p  A p p r o a c h        2 . 4 . 2     T o p - D o w n  A p p r o a c h
    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4    L a t i n  A m e r i c a  N u t  B a s e d  S p r e a d  M a r k e t  -  I n t r o d u c t i o n
Contents     4 . 1     O v e r v i e w    4 . 2     M a r k e t  D y n a m i c s
    4 . 3     I n d u s t r y  T r e n d s
    4 . 4     C o m p e t i t i v e  I n t e l l i g e n c e
5    L a t i n  A m e r i c a  N u t  B a s e d  S p r e a d  M a r k e t  L a n d s c a p e
    5 . 1     H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
    5 . 2     M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
6    L a t i n  A m e r i c a  N u t  B a s e d  S p r e a d  M a r k e t  -  B r e a k u p  b y  P r o d u c t  T y p e
    6 . 1     P e a n u t  B a s e d  S p r e a d s
        6 . 1 . 1  O v e r v i e w
        6 . 1 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 1 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    6 . 2     A l m o n d  B a s e d  S p r e a d s
        6 . 2 . 1  O v e r v i e w
        6 . 2 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 2 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
       
    6 . 3     W a l n u t  B a s e d  S p r e a d s
        6 . 3 . 1  O v e r v i e w
        6 . 3 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 3 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    6 . 4     C a s h e w  B a s e d  S p r e a d s
        6 . 4 . 1  O v e r v i e w
        6 . 4 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 4 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    6 . 5     H a z e l n u t  B a s e d  S p r e a d s
        6 . 5 . 1  O v e r v i e w
        6 . 5 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 5 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
Table of     6 . 6     O t h e r s
        6 . 6 . 1  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 6 . 2  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
Contents 7    L a t i n  A m e r i c a  N u t  B a s e d  S p r e a d  M a r k e t  -  B r e a k u p  b y  F o r m    7 . 1     C r u n c h y
        7 . 1 . 1  O v e r v i e w
        7 . 1 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        7 . 1 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    7 . 2     C r e a m y
        7 . 2 . 1  O v e r v i e w
        7 . 2 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        7 . 2 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
8    L a t i n  A m e r i c a  N u t  B a s e d  S p r e a d  M a r k e t  -  B r e a k u p  b y  
P a c k a g i n g  T y p e
    8 . 1     G l a s s  P a c k a g i n g
        8 . 1 . 1  O v e r v i e w
        8 . 1 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
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ma rke t / t o c
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