LATAM Nut-Based Spread Market Size & Outlook, 2026-2034

LATAM Nut-Based Spread Market Insights

Based on Deep Market Insights findings, the LATAM Nut-Based Spread Market size reached USD 198.46 Million in 2025 and is expected to grow to USD 284.78 Million by 2034.
During 2026–2034, the market is forecasted to advance at a CAGR of 4.13%.
Peanut Spread represented the largest share of the Nut Type market in terms of size in 2025.
Among the Nut Type segments, Hazelnut Spread is forecasted to achieve the highest growth and remain the most lucrative through the forecast period.

In 2025, LATAM accounted for 6.13% of the global Nut-Based Spread Market size.
By 2034, United States is projected to lead the global market in terms of market size.
Colombia is projected to emerge as the fastest-growing market in LATAM, reaching USD 21 Million by 2034.

Report Scope	Details
Base Year for Study	2025
Study Period	2022-2034
Historical Period	2022-2024
Forecast Period	2026-2034
Market Size In 2025	USD 198.46 Million
Market Size In 2034	USD 284.78 Million
Largest segment	Peanut Spread
Units	Revenue in USD Million
CAGR	4.13% (2026-2034)
Segmnetation Covered
LATAM	Brazil Mexico Argentina Colombia Chile
Nut Type	Peanut Spread Almond Spread Hazelnut Spread Other Nut Spreads
Product Type	Smooth Creamy Reduced Sugar/No Sugar
Distribution Channel	Supermarkets Online Specialty Stores
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

LATAM	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
Brazil	XX.x	XX.x	XX.x	76.31	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Mexico	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Argentina	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Colombia	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Chile	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

Nut Type	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
Peanut Spread	XX.x	XX.x	XX.x	82.6	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Almond Spread	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Hazelnut Spread	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Other Nut Spreads	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

Product Type	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
Smooth	XX.x	XX.x	XX.x	89.41	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Creamy	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Reduced Sugar/No Sugar	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: DMI Analysis Company Publications, Primary Interviews.

Distribution Channel	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034
Supermarkets	XX.x	XX.x	XX.x	100.18	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Online	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Specialty Stores	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x