At a CAGR of 13.02%, Global Peanut Butter Market tor rise over 2017-2021 - Hormel Foods, Conagra Foodservice, The Hershey Company

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.

The global peanut butter market to grow at a CAGR of 13.02% during the period 2017-2021. 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

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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

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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