Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Almond Butter market in this environment.
In terms of revenue, this research report indicated that the global Almond Butter market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of Almond Butter industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The JUSTIN'S aims at producing XX Almond Butter in 2020, with XX % production to take place in global market, Barney Butter accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Almond Butter Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in Almond Butter Market?
JUSTIN'S
Barney Butter
Maranatha
Futter's Nut Butters
Once Again Nut Butter
EdenNuts Inc.
Cache Creek Foods
Zinke Orchards
The J.M. Smucker Company
Nuts'N More
...
Major Type of Almond Butter Covered in XYZResearch report:
Raw Almond Butter
Roasted Almond Butter
Application Segments Covered in XYZResearch Market
Residential
Commercial
Application 3
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Table of Contents
Global Almond Butter Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Raw Almond Butter -Product Introduction and Major Manufacturers
1.1.2 Roasted Almond Butter -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Almond Butter Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China Almond Butter Market
3.1.1 Top Companies leading Almond Butter Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China Almond Butter Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU Almond Butter Market
3.2.1 Top Companies leading Almond Butter Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU Almond Butter Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA Almond Butter Market
3.3.1 Top Companies leading Almond Butter Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA Almond Butter Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan Almond Butter Market
3.4.1 Top Companies leading Almond Butter Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan Almond Butter Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India Almond Butter Market
3.5.1 Top Companies leading Almond Butter Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India Almond Butter Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia Almond Butter Market
3.6.1 Top Companies leading Almond Butter Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia Almond Butter Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America Almond Butter Market
3.7.1 Top Companies leading Almond Butter Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America Almond Butter Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 Almond Butter Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on Almond Butter Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global Almond Butter Sales and Growth Rate (2021-2026)
5.2 Global Almond Butter Sales Value and Growth Rate (2021-2026)
6 Almond Butter Competitive Analysis
6.1 JUSTIN'S
6.1.1 JUSTIN'S Company Profiles
6.1.2 JUSTIN'S Product Introduction
6.1.3 JUSTIN'S Almond Butter Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 Barney Butter
6.2.1 Barney Butter Company Profiles
6.2.2 Barney Butter Product Introduction
6.2.3 Barney Butter Almond Butter Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 Maranatha
6.3.1 Maranatha Company Profiles
6.3.2 Maranatha Product Introduction
6.3.3 Maranatha Almond Butter Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 Futter's Nut Butters
6.4.1 Futter's Nut Butters Company Profiles
6.4.2 Futter's Nut Butters Product Introduction
6.4.3 Futter's Nut Butters Almond Butter Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 Once Again Nut Butter
6.5.1 Once Again Nut Butter Company Profiles
6.5.2 Once Again Nut Butter Product Introduction
6.5.3 Once Again Nut Butter Almond Butter Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
6.6 EdenNuts Inc.
6.6.1 EdenNuts Inc. Company Profiles
6.6.2 EdenNuts Inc. Product Introduction
6.6.3 EdenNuts Inc. Almond Butter Production, Revenue (2015-2020)
6.6.4 SWOT Analysis
6.7 Cache Creek Foods
6.7.1 Cache Creek Foods Company Profiles
6.7.2 Cache Creek Foods Product Introduction
6.7.3 Cache Creek Foods Almond Butter Production, Revenue (2015-2020)
6.7.4 SWOT Analysis
6.8 Zinke Orchards
6.8.1 Zinke Orchards Company Profiles
6.8.2 Zinke Orchards Product Introduction
6.8.3 Zinke Orchards Almond Butter Production, Revenue (2015-2020)
6.8.4 SWOT Analysis
6.9 The J.M. Smucker Company
6.9.1 The J.M. Smucker Company Company Profiles
6.9.2 The J.M. Smucker Company Product Introduction
6.9.3 The J.M. Smucker Company Almond Butter Production, Revenue (2015-2020)
6.9.4 SWOT Analysis
6.10 Nuts'N More
6.10.1 Nuts'N More Company Profiles
6.10.2 Nuts'N More Product Introduction
6.10.3 Nuts'N More Almond Butter Production, Revenue (2015-2020)
6.10.4 SWOT Analysis
7 Conclusion