openPR Logo
Press release

Peanut Butter Market Size, Share, Industry Overview, Key Players, Growth Factors and Forecast 2023-2028

07-10-2023 11:38 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Peanut Butter Market Size, Share, Industry Overview, Key

IMARC Group, a leading market research company, has recently releases report titled "๐๐ž๐š๐ง๐ฎ๐ญ ๐๐ฎ๐ญ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐†๐ฅ๐จ๐›๐š๐ฅ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ, ๐’๐ก๐š๐ซ๐ž, ๐’๐ข๐ณ๐ž, ๐†๐ซ๐จ๐ฐ๐ญ๐ก, ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐š๐ง๐ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘-๐Ÿ๐ŸŽ๐Ÿ๐Ÿ–", The study provides a detailed analysis of the industry, including the peanut butter market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the peanut butter market?

The global peanut butter market size reached US$ 4.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.4 Billion by 2028, exhibiting a growth rate (CAGR) of 4.8% during 2023-2028.

What is Peanut Butter?

Peanuts are an essential crop grown across the globe and are commercially used for the production of flour, confections, oil, butter, snack products, etc. Among these, peanut butter is one of the most consumed food spreads and prepared by grinding and dry-roasting peanuts. In line with this, it refers to a thick spread and an energy-rich product that is usually marketed as a substitute for milk butter. Other than energy, peanut butter also offers fiber, protein, unsaturated fats, etc., along with a set of micronutrients, including magnesium, zinc, potassium, Vitamin E, etc. Consequently, it is extensively utilized in the preparation of numerous food products, such as salads, brownies, rolls, cakes, frostings, cornbread, chocolates, etc.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ ๐ ๐ž๐ญ ๐š๐ง ๐ข๐๐ž๐š ๐จ๐Ÿ ๐จ๐ฎ๐ซ ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/peanut-butter-manufacturing-plant/requestsample

Peanut Butter Market Trends:

The growing consumer inclination towards healthier breakfast and snack options, on account of the rising obesity rates across countries, is among the key factors stimulating the peanut butter market. Moreover, the widespread adoption of plant-based proteins by individuals in their daily diets is further bolstering the market growth. Besides this, leading manufacturers are utilizing innovative marketing strategies to expand their product portfolio and reach a broader customer base, which is acting as another significant growth-inducing factor. Furthermore, the introduction of rolled-out limited-edition peanut butter variants with GIF graphics on the jar is also positively influencing the global market. Apart from this, the sudden outbreak of the COVID-19 pandemic has led to increasing sales of packaged food items with a longer shelf life, which is anticipated to fuel the peanut butter market over the forecasted period.

๐‚๐ก๐ž๐œ๐ค๐จ๐ฎ๐ญ ๐๐จ๐ฐ: https://www.imarcgroup.com/checkout?id=594&method=1

Peanut Butter Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the peanut butter market has been studied in the report with the detailed profiles of the key players operating in the market.

Key Market Segmentation:

The report has segmented the global peanut butter market on the basis of product type, distribution channel and region.

Breakup by Product Type:

โ€ข Smooth Peanut Butter
โ€ข Crunchy Peanut Butter
โ€ข Others

Breakup by Distribution Channel:

โ€ข Supermarkets and Hypermarkets
โ€ข Convenience Stores
โ€ข Online Stores
โ€ข Others

Breakup by Region:

โ€ข Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
โ€ข North America (United States, Canada)
โ€ข Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
โ€ข Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru, Others)
โ€ข Middle East and Africa ( Turkey, Saudi Arabia, Iran, United Arab Emirates, Others)

๐€๐ฌ๐ค ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐Ÿ๐ŸŽ% ๐Ÿ๐ซ๐ž๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/request?type=report&id=594&flag=C

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

๐—”๐—ฏ๐—ผ๐˜‚๐˜ ๐—จ๐˜€:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

๐—–๐—ผ๐—ป๐˜๐—ฎ๐—ฐ๐˜ ๐—จ๐—ฆ:

IMARC Group

134 N 4th St Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Peanut Butter Market Size, Share, Industry Overview, Key Players, Growth Factors and Forecast 2023-2028 here

News-ID: 3120881 • Views: โ€ฆ

More Releases from IMARC Group

Automotive Control Cables Manufacturing Plant Setup Report 2025: Machinery, Raw Materials and Investment Insights
Automotive Control Cables Manufacturing Plant Setup Report 2025: Machinery, Raw โ€ฆ
Automotive control cables are essential components used to transmit mechanical force in vehicles, enabling the smooth operation of various systems such as brakes, clutches, accelerators, gear shifts, and seating mechanisms. These cables are designed for durability, flexibility, and high performance under diverse driving conditions. Their demand is directly linked to the growth of the automotive industry, aftermarket sales, and increasing consumer preference for enhanced driving comfort and safety. Setting up anโ€ฆ
Halal Cosmetics Market Size, Trends, Key Players, Opportunity and Forecast 2025-2033
Halal Cosmetics Market Size, Trends, Key Players, Opportunity and Forecast 2025- โ€ฆ
IMARC Group, a leading market research company, has recently released a report titled "Halal Cosmetics Market Size, Share, Trends and Forecast by Type, Distribution Channel, and Region, 2025-2033." The study provides a detailed analysis of the industry, including the global halal cosmetics market size, trends, share and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market. Halal Cosmetics Market Highlights: โ€ข Halal Cosmetics Marketโ€ฆ
Comprehensive Castor Oil Processing Plant Project Report 2025: Setup Guide, Economics and Profitability Outlook
Comprehensive Castor Oil Processing Plant Project Report 2025: Setup Guide, Econ โ€ฆ
Castor oil is a versatile vegetable oil extracted from the seeds of the Ricinus communis plant. It is widely used in pharmaceuticals, cosmetics, food processing, lubricants, paints, coatings, and biodiesel production owing to its unique chemical properties, including high ricinoleic acid content. Castor oil derivatives also serve as key raw materials in the polymer, chemical, and industrial sectors. Establishing a castor oil processing plant involves steps such as seed cleaning, dehulling,โ€ฆ
Honey Processing Plant Report 2025: Capital Investment, Operating Expenses and Market Opportunities
Honey Processing Plant Report 2025: Capital Investment, Operating Expenses and M โ€ฆ
Honey is a natural sweetener produced by honeybees and is valued for its nutritional, medicinal, and industrial applications. It contains antioxidants, enzymes, vitamins, and minerals that make it a popular ingredient in food and beverages, pharmaceuticals, cosmetics, and personal care products. Processed honey is widely consumed as a sweetener, used in bakery and confectionery items, beverages, dietary supplements, and skincare formulations. Setting up a honey processing plant involves operations such asโ€ฆ

All 5 Releases


More Releases for Peanut

Peanut Butterย Market 2020-2027 Advance Study Focusing On Major Product Types- S โ€ฆ
Peanut Butterย Marketย Overview 2020-2027: Peanut butter market is anticipated to dominate the market with a market value of USD 4.20 billionย in 2019 and is expected to grow with aย growth rate of 6.10% in the forecast period of 2020 to 2027.ย  The latest Marketย report by a Data Bridge Market Researchย with the titleย [Global Peanut Butterย Marketย โ€“ Industry Trends and Forecast to 2027].ย  Get a PDF Sample copy (including COVID-19 impact analysis and up-to 30% discountย ) @ย  https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-peanut-butter-marketย  Inโ€ฆ
Peanut Butter Manufacturing Unit
Peanut butter is a high calorie, high protein product manufactured by grinding peanuts. It is a good alternative for dairy butter and widely used as a bread spread. Peanut butter is popular amongst Americans, and it is a part of their daily breakfast. The demand for peanut butter is susceptible to consumer spending. As disposable income increases, the willingness of the people to purchase the peanut butter also increases. Onโ€ฆ
Peanut Sauce Market 2019 | Worldwide Forecast 2025 | Major Players โ€“ Jif, PBfi โ€ฆ
Peanut Sauce Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. Get Exclusive FREE Sample Copy Of this Report @ https://www.upmarketresearch.com/home/requested_sample/85716 UpMarketResearch offers a latest published report on โ€œGlobal Peanut Sauce Market Analysis and Forecast 2019 - 2025โ€ delivering key insights and providing a competitive advantageโ€ฆ
Drinkable Peanut Powder Market | Top Key Players are Golden Peanut and Tree Nuts โ€ฆ
Peanuts are a high-protein, nutritious food that are ready-to-eat with little preparation or can be eaten raw. Peanut can be processed by roasting and ground into various food products. Peanut shakes and smoothies segments are gaining significant traction in the global drinkable peanut powder market. Rising demand for the healthy beverages such as drinkable peanut powder products driving the market. In addition, food manufacturers are developing peanut powder which is basedโ€ฆ
Hormel Foods, J.M. Smucker Company, Saratoga Peanut Butter Company, Peanut Butte โ€ฆ
The market for Peanut Paste is growing with the expansion of this Industry Sector Worldwide. Market Research Hub (MRH) has added a new report titled โ€œGlobal Peanut Paste Market Insights, Forecast to 2025โ€ which offer details about the current trends and analysis, as well as scope for the near future. This research study also covers information about the production, consumption and market share based on different active regions. Furthermore, anโ€ฆ
Peanut Butter Market Report 2018: Segmentation by Product (Regular Peanut Butter โ€ฆ
Global Peanut Butter market research report provides company profile for Hormel Foods Corporation, Boulder Brands, Kraft Canada, Algood Food Company, Procter & Gamble, Unilever, The J.M. Smucker Company and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018โ€ฆ