Drinkable Peanut Powder Market with Detailed Analysis, Competitive landscape, Forecast to 2027

Drinkable peanut powder is a peanut powder that is used to enhance the flavor of the beverage such as smoothies and other food products. This powder is basically prepared by crushing and meshing the fresh peanuts and adding other ingredients in order to give a sapid taste. It can be also used to enhance the flavor and eclectic appeal of the pastries. This peanut powder is gaining popularity among adults who aspire to have a healthy lifestyle and also sportsperson because drinkable peanut powder is a rich source of protein which makes them ideal for energy drinks.

The global drinkable peanut powder market is projected to reach around US$ 941.4 million by the end of 2027, in terms of revenue, growing at CAGR of 5.6% during the forecast period (2019-2027).

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Growing demand for flavored beverages around the globe is projected to propel the market growth of drinkable peanut powder. For instance, in September 2019, PB2 Foods adds peanut powder to functional foods. PB2 with Pre + Probiotics contains 6 grams of plant-based protein per 13 grams serving, which amounts to about 2 tablespoons. It also has just 60 calories and 1.5 grams of fat per serving, or roughly 90% less fat and nearly 70% fewer calories than traditional peanut butter.

Rising demand for plant-based protein is fueling demand for drinkable peanut powder. Owing to, manufacturers are producing peanut powder based beverages that are rich in plant-based protein and low-fat content. For these various food and beverages, producers are focusing on incorporating peanut flour into powders, protein shakes, and smoothies. For instance, in January 2016, Santa Cruz Organic, one major organic peanut butter makers, launched Santa Cruz Organic peanut powder, to be used in smoothies and other peanut butter recipes.

Detailed Segmentation:

Global Drinkable Peanut Powder, By Type:
Soluble (Powder)
Insoluble (Particle)

Global Drinkable Peanut Powder, By Application:
Shakes
Smoothies
Flavored Beverages

Global Drinkable Peanut Powder, By Distribution:
Super Markets & Hypermarket
Departmental stores
Online Retailing

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Key companies covered as a part of this study includes The J.M. Smucker Company, Golden Peanut and Tree Nuts, Santa Cruz Natural Incorporated, Bell Research Companies, Peanut Butter & Co., The Tru-Nut Company, Sukrin Ltd., Protein Plus, LLC, Better Body Foods, Nutrinity Foundation

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