Posted on 27 Apr 2017
Peanut butter is primarily prepared from ground dry roasted peanuts. It is highly nutritious as it contains low calories and higher levels of proteins in comparison to other spreads, which makes it a healthy substitute for milk butter. Peanut butter offers various health benefits as it helps to improve heart health, prevent gallstones, reduce the risk of diabetes and serves as an energy booster. It also assists in weight loss by acting as a hunger suppressant. Owing to these benefits, it is widely used as a spread as well as in savoury sauces, smoothies, breakfast foods and numerous bakery products. According to a new report by Expert Market Research, global peanut butter market reached sales worth US$ 3.2 Billion in 2016 and is further expected to reach revenues worth US$ 4.1 Billion by 2022.
The global peanut butter market is currently gaining impetus due to a number of factors. Rising health consciousness among the consumers has resulted in the growing demand for low-calorie and healthy food products, which in turn, is bolstering the global demand for peanut butter. Some of the other factors such as increasing population, rising disposable incomes, shift towards the intake of convenient and ready-to-eat foods and growing demand from emerging markets are also contributing towards the growth of the global market for peanut butter.
Key findings from the report:
Expert Market Research has analysed the global peanut butter market according to type, region and top players:
Market breakup by Type
Market breakup by Region
Expert Market Research (EMR) is a market research and consultancy firm providing syndicated and custom research along with consultancy services to a wide clientele base which includes Fortune 1000 companies as well as small and medium enterprises. With our tailored approach, the clients gain valuable and unbiased insights that help to improve their competitive edge and realize sustainable growth.
With a keen focus on the qualitative aspect as well as accuracy of the reports, we align our resources and services as per the client’s requirement and offer a flexible engagement model that best suits their needs. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical & Materials, Energy & Mining, Packaging and Agriculture.
Peanut butter is a food paste made primarily from ground dry roasted peanuts and can be traced back to the Aztecs. It is widely used for its nutritional value and taste due to the presence of heart-he...
Sorbitol, a six-carbon sugar alcohol, occurs in plants naturally. It can also be synthesized through catalytic hydrogenation of D-glucose to produce D-sorbitol.
The European Natural Sweeteners market is expected to witness a CAGR of 2.3% annually during the forecasted period from 2019 to 2024. The international high-intensity sweetener market has grown with n...
Saccharin is an organic petroleum-based compound which is 300-500 times sweeter than sucrose and used as artificial sweetener in products such as cookies, medicines, soft drinks and candies.
Maltodextrin is used as a horticultural insecticide both in the field and in greenhouses. It also finds usage in pharmaceuticals such as in the form of diluents in tablets and coating material for the...
Have any queries or concern?