Pro
Food & Beverage
Spain Nut Butter Market: By Distribution Channel
| Label | Peanut | Almond | Cashew | Hazelnut | Others |
|---|---|---|---|---|---|
| 2019 | 51.5 USD Mn | 18 USD Mn | 8.5 USD Mn | 5.2 USD Mn | 11.5 USD Mn |
| 2020 | 53.6 USD Mn | 18.7 USD Mn | 8.8 USD Mn | 5.4 USD Mn | 12 USD Mn |
| 2021 | 56.1 USD Mn | 19.6 USD Mn | 9.2 USD Mn | 5.6 USD Mn | 12.5 USD Mn |
| 2022 | 58.8 USD Mn | 20.5 USD Mn | 9.5 USD Mn | 5.8 USD Mn | 13.1 USD Mn |
| 2023 | 61.6 USD Mn | 21.5 USD Mn | 9.9 USD Mn | 6 USD Mn | 13.8 USD Mn |
| 2024 | 64.6 USD Mn | 22.6 USD Mn | 10.3 USD Mn | 6.2 USD Mn | 14.4 USD Mn |
| 2025 | 67.9 USD Mn | 23.8 USD Mn | 10.8 USD Mn | 6.5 USD Mn | 15.2 USD Mn |
| 2026 | 71.4 USD Mn | 25 USD Mn | 11.2 USD Mn | 6.7 USD Mn | 15.9 USD Mn |
| 2027 | 75.2 USD Mn | 26.4 USD Mn | 11.7 USD Mn | 7 USD Mn | 16.8 USD Mn |
| 2028 | 79.3 USD Mn | 27.9 USD Mn | 12.3 USD Mn | 7.3 USD Mn | 17.6 USD Mn |
Data Source: Wantstats Repository
Growth Outlook
- The Spain Nut Butter Market: By Product Type market is on a steady long-term growth path. Segment value stands at roughly USD 130 Mn in 2026 and is projected to reach USD 144 Mn by 2028 — a gain of about 11% over the forecast period, translating to a CAGR in the mid-single digits.
- Across all 5 series, Peanut sits on top as of 2028: 79. 30M USD, or 55% of everything shown here combined.
- What the regional split looks like (2026): Peanut leads, holding roughly 55% of segment value — the single largest regional share. Almond is the second-largest contributor. Others, Cashew and Hazelnut make up the remainder, in descending order.
- By 2028, Peanut alone is expected to reach USD 79 Mn, with Almond at USD 28 Mn.
Market Dynamics
Across all 5 series, Peanut sits on top as of 2028: 79.30M USD, or 55% of everything shown here combined.
Almond is runner-up at 27.90M USD — 65% off the lead.
Peanut grows to 79.30M USD by 2028, from 51.50M USD in 2019 — 54% up.
Almond climbs from 18.00M USD (2019) to 27.90M USD (2028), a 55% gain.
Others: up 53% over the period, 11.50M USD to 17.60M USD.
Cashew: 8.50M USD in 2019 to 12.30M USD by 2028, up 45%.
Hazelnut: 5.20M USD to 7.30M USD, 40% higher by 2028.
The fastest mover is Almond, up 55% over the period — a steeper climb than any of the other 5 groups here.
Combined, all 5 groups add up to 144.40M USD by 2028 — 52% up from 94.70M USD in 2019.
How The 5 Series Compare
This chart compares 5 series side by side, not one trend over time. Read them against each other — the biggest number in the room is not automatically the most important line to follow.
A group with a small share can still matter most for the story — it is often the rate of change, not the current level, that is worth the closer look.
Treat these values as a directional estimate of the Spain Nut Butter market. They are most useful for comparing segments and regions against each other, and for spotting where demand is expected to build fastest.
This is a market research forecast, not an official statistic. Values after the 2018 base year are modeled projections to 2028, based on supply-side and demand-side analysis, and are updated when market conditions change.
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Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.