Press release
Global Peanut Butter Market Become Dominant At CAGR Of 13.02% By 2021
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Peanut butter is a paste made from roasted peanuts and is usually used in households as a spread for breakfast and lunch, or in snacks. The commercially available peanut butter contains ingredients, such as vegetable oil, sugar, and salt, which increases the shelf life of the product. The shelf life of peanut butter is almost a year, provided it is properly stored.
Technavios analysts forecast the global peanut butter market to grow at a CAGR of 13.02% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global peanut butter market for 2017-2021. To calculate the market size, the report considers sales value of consumption.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Peanut Butter Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
The J.M. Smucker Company
Hormel Foods
Conagra Foodservice
The Hershey Company
Other prominent vendors
Kraft Heinz
Algood Food Company
Trader Joe's
Peanut Butter & Co
Pinnacle Foods
The Hain Celestial Group
Market driver
Health benefits associated peanut butter
For a full, detailed list, view our report
Market challenge
Lower yields of peanuts
For a full, detailed list, view our report
Market trend
Peanut butter as an ingredient of snacks
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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