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FARE Announces $1.2M Request For Application To Support Collaborative Projects On Tree Nut Allergy Research

November 27, 2023 (McLean, VA) – FARE (Food Allergy Research & Education), the nation's leading non-profit organization engaged in food allergy advocacy, and the largest private funder of food allergy research, is pleased to announce a Request for Application (RFA) in the amount of $1,200,000 for tree nut allergy research. 

As their name suggests, tree nuts grow on trees and do not include peanut, which is a legume (bean) that grows underground. In the U.S., tree nut allergy is the fourth most common food allergy among both children and adults, affecting 3.9 million people. The six tree nut allergies most frequently reported in U.S. Residents are walnut, almond, hazelnut, pecan, cashew, and pistachio. About half of children with an allergy to one type of tree nut are allergic to more than one type of tree nut. For example, approximately two-thirds of patients who are allergic to cashew will also react to pistachio, and approximately two-thirds of patients who are allergic to walnut will also react to pecan. Unfortunately, most children who are allergic to one or more tree nuts do not outgrow their tree nut allergy.

"As the leader in the food allergy community, we are committed to driving progress in understanding and managing tree nut allergies," said Sung Poblete, PhD, RN, CEO of FARE. "This $1.2 million RFA is a testament to our dedication to advancing the field of food allergy research. We invite researchers and scientists to join us in this critical mission to transform the lives of those living with tree nut allergies." 

The objectives of this funding opportunity are to: explore the pathobiology underlying the development and loss of oral tolerance and the development and reversal of tree nut allergies; translate these findings into new immune-based approaches to prevent and treat tree nut allergy; and explore the molecular and functional characteristics of tree nut food allergens. Close interaction between scientists conducting fundamental research and clinical investigators should promote utilization of patient materials or data in research and accelerate the translation of basic research advances to clinical application.

FARE recognizes that this funding opportunity would not be possible without the generous $1,000,000 contribution of Serena and John Liew, and the contribution of another food allergy family who wishes to remain anonymous. It is through the generosity of the food allergy community that we are able to transform the food allergy landscape. 

The application process and guidelines for this RFA can be found on our website at https://www.Foodallergy.Org/tree-nut-allergy-funding-opportunity. We encourage all interested researchers and clinicians to review the details and consider contributing to this vital area of study. Mandatory Letters of Intent are due by January 5, 2024, and full applications will be by invitation only.

FARE remains steadfast in its mission to make the world a safer place for those with food allergies. We believe that we can make significant strides toward improving the lives of individuals with tree nut allergies by supporting groundbreaking research. For more information about this RFA and FARE's initiatives in food allergy research, please visit www.Foodallergy.Org.  


Tree Nut Allergy Alert: Publix Supermarkets Inc.

Publix Super Markets, Inc. Has initiated a voluntary recall on specific batches of private label Egg Custard Pie purchased Publix stores in Monroe, Miami-Dade, Broward or Palm Beach counties between Octo. 20, 2023, and Nov. 16, 2023, that may contain an undeclared coconut allergen:

Product

GTIN#

Sold Between

Egg Custard Pie 4141537891 10/20/2023 – 11/16/2023

The Egg Custard Pie package may contain a coconut pie. People who have an allergy or severe sensitivity to coconut may run the risk of serious life-threatening allergic reactions if they consume these products.

"As part of our commitment to food safety, potentially impacted products have been removed from all store shelves," said Publix Director of Communications Maria Brous. "To date, there have been no reported cases of illness. Consumers who have purchased the product in question may return the product to their local store for a full refund. Publix customers with additional questions may call our customer care department toll-free at 1-800-242-1227 or visit our website at publix.Com.

Publix, the largest employee-owned company in the U.S. With more than 250,000 associates, currently operates 1,358 stores in Florida, Georgia, Alabama, Tennessee, South Carolina, North Carolina and Virginia. For 26 consecutive years, the company has been recognized by Fortune as a great place to work. In addition, Publix's dedication to superior quality and customer service is recognized among the top in the grocery business. For more information, visit the company's website, corporate.Publix.Com.


Anticipated Nut Butters Market Growth To Attain US$ 2.76 Billion By 2033, Predicts Future Market Insights Inc.

The nut butters market is expected to develop at an impressive 8.7% CAGR from 2023 to 2033, outpacing the lower 3.3% CAGR witnessed between 2018 and 2022. Such a positive forecast suggests a robust and flourishing market, with the market value projected to surge from US$ 1.20 billion in 2023 to US$ 2.76 billion by 2033. The higher CAGR reflects the growing consumer preference for nutritional and plant-based alternatives, fueling the market's demand for various types of nut butter.

The nut butters industry has grown significantly in recent years, owing to various causes. One of the main drivers is the rising health consciousness among consumers, coupled with the increasing popularity of plant-based diets. As a result, there has been a surge in the demand for nut butter. These spreads are known for their high protein content, good fats, and essential nutrients. This makes them a favored choice among health-conscious individuals.

Request the Sample today and unlock valuable insights into our comprehensive Nut Butters Market report! https://www.Futuremarketinsights.Com/reports/sample/rep-gb-15023

The convenience and versatility of nut butter have also played a significant role in driving its commercial development. Nut butter can be easily incorporated into various dishes. This makes them an excellent choice as a spread on toast or sandwiches. They can also be enjoyed as a standalone snack. This adaptability appeals to customers seeking convenient and nutritious eating alternatives, further contributing to the growing popularity of nut butter in the market.

The nut butters industry presents promising development opportunities, but several restraints also impact it. On the positive side, there is a growing consumer awareness of the health benefits associated with nut butter. The expansion of retail distribution channels is also contributing to its growth. Additionally, the introduction of new flavors and product variants is playing a significant role in its popularity.

There are certain challenges, however, that need to be addressed. The relatively high cost of nuts could potentially impact the affordability of nut butter for some consumers. Moreover, the prevalence of nut allergies poses a risk and may limit the potential market base for these products. Overcoming these obstacles will be crucial to sustaining the market's growth and ensuring a broader reach for nut butter products.

Companies are prioritizing product diversity to capitalize on the prospects in the nut butters industry. They are also catering to various dietary choices and providing allergen-free solutions. Furthermore, they are investing in successful marketing techniques to educate customers about nut butter's nutritional value and versatility. Moreover, companies are actively expanding their presence into developing nations, and to ensure wider accessibility, they are enhancing their distribution networks. These collaborative efforts are expected to propel the market's growth trajectory, creating a favorable environment for sustained success in the nut butter industry.

Key Takeaways 

  • As of 2022, the United States has captured a significant 18.1% share of the global nut butters industry, demonstrating its substantial presence and influence in the industry.
  • The nut butters industry in the United Kingdom is anticipated to grow at a CAGR of 6% by 2033, fueled by the increasing health consciousness among consumers and the growing demand for plant-based protein alternatives.
  • India is poised to witness robust growth in the nut butters industry, with a projected CAGR of 9.6% through 2033, spurred by the increasing adoption of healthy snacking habits among consumers and the rising popularity of nut-based spreads as nutritious alternatives.
  • China's nut butters industry is forecasted to experience substantial growth, with a projected CAGR of 7.2% by 2033. This growth reflects the shifting customer preferences towards natural and healthy food items.
  • As of 2022, Japan's nut butters sector has successfully secured a notable 5.6% market share in the global market. This market share reflects the growing popularity and demand for nut-based products among consumers in Japan.
  • Competitive landscape:

    The nut butter market is fiercely competitive, with numerous prominent players vying for market share. Justin's, Barney Butter, Jif, Skippy, and MaraNatha stand out as some of the renowned contenders. Each of these brands offers distinctive products and flavors to cater to the diverse preferences of consumers. These competitors continuously strive to innovate, introducing new flavors, product types, and packaging styles to meet consumers' evolving tastes and preferences. By staying at the forefront of innovation, these companies aim to retain their market positions and attract a loyal customer base in this highly competitive industry.

    Recent Developments:

    In January 2023, WOW Life Science made a groundbreaking debut by introducing India's inaugural peanut butter infused with a blend of 'superfoods.' Their latest offering includes two enticing variants: the first one contains a mix of "super seeds" like chia, sunflower seeds, pumpkin seeds, and watermelon seeds, while the second variant features roasted chana powder or sattu.

    In August 2022, GOOD Brand announced the upcoming launch of their new peanut butter spread. This product is already on shelves in the United States and is going to be soon introduced to the markets in Canada, the United Kingdom, and Europe. Notably, the peanut butter boasts an impressive feature of being 99% sugar-free, with absolutely no added sugar.

    Key Companies Profiled

  • The J. M. Smucker Co. (USA)
  • Bliss Nut Butters (USA)
  • Barney & Co. California, LLC (USA)
  • Barney Butter (USA)
  • Once Again Nut Butter (USA)
  • CACHE CREEK FOODS (USA)
  • Hormel Foods Corporation (USA)
  • Hain Celestial (USA)
  • Funky Nut Company (United Kingdom)
  • NuttZo Co (USA)
  • Krema Nut Company (USA)
  • Others
  • Click Here to Request Methodology Details on the Nut Butters Market. https://www.Futuremarketinsights.Com/request-report-methodology/rep-gb-15023

    Nut Butters Industry Segmentation

    By Type, Nut Butters Market is Segmented as:

  • Cashew
  • Hazelnut
  • Peanut
  • Almond
  • Others
  • By Category, Nut Butters Market is Segmented as:

    Based on End-Use Industry, Nut Butters Market is Segmented as:

  • Food
  • Bakery
  • Confectionary
  • Ice-cream Parlour
  • Snacks
  • Chips
  • Cosmetics and Personal Care
  • Hair Care
  • Skin Care
  • Eye-Care
  • Color Cosmetics
  • Toiletries
  • Pharmaceuticals
  • Nutraceuticals
  • Dietary Supplements
  • Functional food
  • Based on Sales Channel, Nut Butters Market is Segmented as:

  • B2B
  • B2C
  • Store-based Retailing
  • Hypermarket/Supermarket
  • Specialty Stores
  • Discount Stores
  • Modern Grocery Stores
  • Traditional Grocery Stores
  • Other Store-based Retailing
  • Online Retailing
  • By Region, Nut Butters Market is Segmented as:

  • North America
  • Latin America
  • Europe
  • Middle East and Africa
  • East Asia
  • South Asia
  • Oceania
  • About Future Market Insights (FMI)

    Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

    Contact Us:        

    Nandini Singh Sawlani

    Future Market Insights Inc.Christiana Corporate, 200 Continental Drive,Suite 401, Newark, Delaware – 19713, USAT: +1-845-579-5705For Sales Enquiries: sales@futuremarketinsights.ComWebsite: https://www.Futuremarketinsights.ComLinkedInTwitterBlogsYouTube






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