Kraft Foods is an American grocery manufacturing and processing company. It is the fifth largest food and beverage company in the world. Kraft Foods core businesses are a beverage, dairy products, cheese, snack foods, and convenience foods. The company rolled out a new path forward for snacking with nut-based spreads. Kraft Foods operates in different segments and also manufactures and markets food and beverage products, including refreshment beverages and coffee, convenient meals, cheese, and other grocery products.
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Market Data Forecast published a report named Nut-Based Spreads market. It is worth USD 7.04 billion in 2018 and estimated to be growing at a CAGR of 7.4%, to reach USD 10.06 billion by 2023.
Report segmented as:
Almond based spreads
Cashews based spreads
Based on the product type, peanut-based spreads are leading the market share.
The market has also been geographically segmented into North America, Europe, Asia-Pacific, Latin America, and Middle-East & Africa. North America led the global Nut-based spreads market in terms of market share.
Key Market Players:
ConAgra Foods Inc.
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The scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook on the market along with recommendations from industry experts on the opportunities for investment activity.
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