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Global Peanut Butter Market: By Spread Type: Creamy, Crunchy/Chunky, Old Fashioned/Natural, Reduced Fat, Honey Roasted; By End-Use: Cooking, Health Product; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; Industry Events and Developments

Global Peanut Butter Market Outlook

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-healthy monounsaturated fat. It is an ideal substitute to milk butter.

 

Global Peanut Butter Market

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During 2017-2021, the global peanut butter market grew at a CAGR of around 6.1% . The market is currently being driven by the nutritional profile of peanut butter as it is rich in protein, dietary fibre and vitamins. This report by Expert Market Research entitled “Peanut Butter Market Report and Forecast 2022-2027” provides a comprehensive analysis for anyone who plans to foray into the peanut butter market.

Historical market trends for the peanut butter industry have been provided from 2016-2021 and forecasts have been presented till 2026. On a regional level, the report has segmented the global peanut butter market into the following regions – North America, South America, Asia-Pacific, Europe and the Middle East and Africa. North America currently represents the largest market, with the United States being the leading consumer and exporter of peanut butter. On the basis of product type, the global peanut butter market has been segmented as creamy, crunchy/chunky, old-fashioned/natural, reduced fat, and honey roasted. For each of the peanut butter types, the report has provided both historical and future market trends. Additionally, the report has analysed the global peanut butter market on the basis of end-use. Currently, consumption as a spread during meals represent the biggest market.

 

Peanut Butter Market by End Use

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The value chain analysis of peanut butter has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales and distribution. Furthermore, the study assesses the market based on Porter’s five forces model, which evaluates the level of competition in the market by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the peanut butter industry has also been provided. Some of the key players in this market include Hershey's, Hormel Foods, JM Smucker Co and ConAgra Foods Inc.

 

Peanut Butter Market by Region

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This report provides an exhaustive insight for setting-up and running a peanut butter manufacturing plant. Factors such as land requirement, construction requirement, raw material requirement, labour requirement, machinery requirement, manufacturing process, utility requirement, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, etc. have been comprehensively covered in this report.

In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the peanut butter industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complemented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.

Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector-specific events and assumptions are taken into account to generate the final forecast.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, End-Use, Region
Breakup by Type Creamy, Crunchy/Chunky, Old Fashioned/Natural, Reduced Fat, Honey Roasted
Breakup by End-Use Cooking, Health Product
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Hersheys, Hormel Foods, JM Smucker Co, ConAgra Foods Inc., Sonya Foods
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Peanut Butter Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Peanut Butter Historical Market (2017-2021)
    8.3    Global Peanut Butter Market Forecast (2022-2027)
    8.4    Global Peanut Butter Market by Spread Type
        8.4.1    Creamy
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Crunchy/Chunky
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Old Fashioned/Natural
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
        8.4.4    Reduced Fat
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2017-2021)
            8.4.4.3    Forecast Trend (2022-2027)
        8.4.5    Honey Roasted
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2017-2021)
            8.4.5.3    Forecast Trend (2022-2027)
    8.5    Global Peanut Butter Market by End-Use
        8.5.1    Cooking
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Health Product
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
    8.6    Global Peanut Butter Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Hormel Foods Corporation
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    The J.M. Smucker Co.
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Post Holdings, Inc.
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Sonya Foods Pvt. Ltd.
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    H.J. Heinz Company Brands LLC (KRAFT Foods)
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Others
13    Industry Events and Developments


Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment


List of Figures and Tables

1.    Global Peanut Butter Market: Key Industry Highlights, 2017 and 2027
2.    Global Peanut Butter Historical Market: Breakup by Spread Type (USD Billion), 2017-2021
3.    Global Peanut Butter Market Forecast: Breakup by Spread Type (USD Billion), 2022-2027
4.    Global Peanut Butter Historical Market: Breakup by End-Use (USD Billion), 2017-2021
5.    Global Peanut Butter Market Forecast: Breakup by End-Use (USD Billion), 2022-2027
6.    Global Peanut Butter Historical Market: Breakup by Region (USD Billion), 2017-2021
7.    Global Peanut Butter Market Forecast: Breakup by Region (USD Billion), 2022-2027
8.    North America Peanut Butter Historical Market: Breakup by Country (USD Billion), 2017-2021
9.    North America Peanut Butter Market Forecast: Breakup by Country (USD Billion), 2022-2027
10.    Europe Peanut Butter Historical Market: Breakup by Country (USD Billion), 2017-2021
11.    Europe Peanut Butter Market Forecast: Breakup by Country (USD Billion), 2022-2027
12.    Asia Pacific Peanut Butter Historical Market: Breakup by Country (USD Billion), 2017-2021
13.    Asia Pacific Peanut Butter Market Forecast: Breakup by Country (USD Billion), 2022-2027
14.    Latin America Peanut Butter Historical Market: Breakup by Country (USD Billion), 2017-2021
15.    Latin America Peanut Butter Market Forecast: Breakup by Country (USD Billion), 2022-2027
16.    Middle East and Africa Peanut Butter Historical Market: Breakup by Country (USD Billion), 2017-2021
17.    Middle East and Africa Peanut Butter Market Forecast: Breakup by Country (USD Billion), 2022-2027
18.    Global Peanut Butter Market Structure

Key Questions Answered in the Report

The major drivers of the market include the nutritional profile of peanut butter as it is rich in protein, dietary fibre, and vitamins, rising competition in the market, growth of the bariatric population, increasing disposable income, and changes in consumer eating habits.

The increased demand for healthy breakfast and snacking options and the rising adoption of veganism are the key industry trends propelling the market growth.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

On the basis of spread type, the market can be segmented into creamy, crunchy/chunky, old fashioned/natural, reduced fat, and honey roasted.

The major end uses include cooking and health product.

The major players in the industry are Hormel Foods Corporation, The J.M. Smucker Co., Post Holdings, Inc., Sonya Foods Pvt. Ltd., H.J. Heinz Company Brands LLC (KRAFT Foods), and others.

Analyst Review

The global peanut butter market is being driven by the growing consumer demand for healthy breakfast and snacking options. Aided by the rising obesity rates and the growing shift towards veganism, the market is expected to witness a healthy growth in the forecast period of 2022-2027.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of spread type, the market can be segmented into creamy, crunchy/chunky, old fashioned/natural, reduced fat, and honey roasted. The market, based on end use, can be divided into cooking and health product. The major regional markets for peanut butter are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The major players in the industry are Hormel Foods Corporation, The J.M. Smucker Co., Post Holdings, Inc., Sonya Foods Pvt. Ltd., H.J. Heinz Company Brands LLC (KRAFT Foods), and others.

EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.

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