Global Peanut Butter Market Analysis

Global peanut butter Market analysis Connect With Us: Published By: Goldstein Research Copyright

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Global Peanut Butter Market Size (USD Billion) & Growth Analysis Global Peanut Butter Market Size (USD Billion)-2016-2024

Global Peanut Butter Market Y-O-Y Growth (%) Analysis-2016-2024 XX

XX

XX% XX%

XX

XX

XX XX

XX%

XX

XX%

XX

XX

XX

XX

XX

XX

XX%

XX% XX%

m a S

XX% XX%

XX% XX% XX% XX% XX%

XX% XX%

XX%

XX

XX

e l p

XX%

XX

XX

XX%

XX

XX%

XX

XX%

2015

XX

2016e

2017e

2018f

Source: Goldstein Research

2019f

2020f

2021f

2022f

2023f

2024f

2016

2017

2018

2019

2020

2021

2022

2023

Source: Goldstein Research

 Global peanut butter market is anticipated to expand at a compound annual growth rate of XX% during the forecast period i.e. 2016-2024. Further, peanut butter sales increased from XXXX units in 2015 to XXXX units in 2016  North America peanut butter market is expected to be the fastest growing market across the globe during the forecast period by registering a CAGR of XX%. In 2016, crude peanut oil had made up just 4 percent of imports and peanut butter ended up at 37 percent in North America. Rising imports of peanut opened the opportunities for India to become a leading supplier of peanuts to the United States, followed by Canada, Argentina, and Mexico.  In 2016, the U.S. product shipment value of roasted nuts and peanut butter amounted to approximately USD XX billion. The amount of shelled peanuts used in peanut butter in the United States amounted to 1.3 billion pounds in 2014/2015.

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2024

Global Peanut Butter Market Overview, By Region and Products-2016 Global Peanut Butter Market Share (%), By Country, 2016

United States Europe Japan China

m a S Brazil

Russia India

South Korea Mexico Africa ROW

Source: Goldstein Research

Global Peanut Butter Market Share (%), By Product, 2016

e l p

Creamy Peanut Butter

17.00%

18.00%

30.00%

35.00%

Chunky Peanut butter Natural Peanut Butter Low-fat Peanut Butter

Source: Goldstein Research

 Global Peanut Butter market accounted for USD XX billion in 2016 on the back of spiked demand for creamy and chunky peanut butter in developed economies. United States exports peanut butter worth USD XX billion in 2016 across the globe  According to the National Peanut Board, every year Americans spend almost USD 800 million on peanut butter. With 90 percent of households consuming peanut butter in the U.S. The National Peanut Board states that a full 60 percent of Americans prefer smooth to chunky. The National Peanut Board also claims that women opt for smooth, while men lean toward chunky.  Asia-Pacific peanut butter market generated a revenue share of XX% in 2016 in overall peanut butter market owing to growing health conscious and growing middle class family.

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Global Peanut Butter Market Share(%) - By Product Type,2016-2024 Key Findings

Global Peanut Butter Market Share, By Product Type, 2016-2024

Lowfat Pean ut Butter 20.00; 10%; 40.00 2016 % % 10.00 % 30.00 %

Creamy Peanut Butter

Asia-Pacific peanut butter market is expected to expand at a CAGR of XX% during the forecast period i.e. 2016-2024. Modernization of lifestyle and rapid urbanization among the regions of India, China, Japan and other major economies along with the rising health conscious consumers are propelling the demand for peanut butter spreading.

10.00% 15.00%

Chunky Peanut butter

Natural Peanut Butter

42.00%

2024

33.00%

Low-fat Peanut Butter

m a S

Source: Goldstein Research

e l p

Peanut butter is widely used in the manufacturing of various candies, ice creams and other confectionaries which is likely to fuel the demand for peanut butter in food industry.

Global Size (USD Global Peanut Peanut Butter Butter Market Market Size (USD Billion), Billion), By

By Product Product Type-2016Type-20162024 2024 XX

XX

XX

XX

2016

Chunky Peanut Butter

2024

Natural Peanut Butter

Source: Goldstein Research

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Global Global Peanut Peanut Butter Butter Market Market Y-O-Y Y-O-Y Growth, Growth, By

By Product Product Type, Type, 2016-2024 2016-2024

XX

XX

Creamy Peanut Butter

 Growing consumption of peanut butter among the athletes as peanut butter is a rich source of protein and calories which is helpful in muscle building at much cheaper cost. Rising demand among athletes and health consciousness consumer will further the propel the market growth.

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2016e

2017f

2018f

2019f

Low-Fat Peanut Butter

2020f Y-o-Y

Source: Goldstein Research

www.goldsteinresearch.com

2021f

2022f

2023f

2024f

Global Creamy Peanut Butter Market Size (USD Billion) & Y-O-Y Growth (%), 20162024 Global Creamy Peanut Butter Market Size (USD Billion)-2016-2024

XX%

XX XX

XX

XX

XX% XX% XX% XX% XX% XX% XX% XX% XX%

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XX%

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XX XX

XX

XX

e l p

XX%

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Global Creamy Peanut Butter Market Y-O-Y Growth (%) Analysis-2016-2024

XX%

XX

m a S

XX% XX%

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XX%

XX

XX%

2016

XX

2016

2017

2018

Source: Goldstein Research

2019

2020

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2024

 Global Creamy Peanut Butter Market was USD XX billion in 2016, expected to attain the growth rate of XX% over the forecast period and reach USD XX Billion by 2024.

 North America creamy peanut butter market dominate owing to the largest peanut butter manufacturers in the region closely followed by Europe with XX% market share in global peanut butter market.  One of the major drivers for this market is growing preference for healthy food products and snacks which are easy to consume with appealing taste.

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2017

2018

2019

2020

2021

2022

2023

Source: Goldstein Research

Global Creamy Peanut Butter Producers by Region, 2016

20.00% 3.81% 38.10% 9.52% 28.57% Source: Goldstein Research www.goldsteinresearch.com

North America Europe Latin America Midlle East and Africa APAC

2024

Global Peanut Butter Market Attractiveness and BPS Analysis by End Users, 20162024 Global Peanut Butter Market Attractiveness-By End Users, 2016-2024 XX%

e l p

Global Peanut Butter Market BPS Analysis- By Product, 2016-2024

100%

90%

XX%

80%

XX%

XX%

XX%

XX%

XX%

XX% XX

XX

Creamy Peanut Butter

XX

m a S

XX

XX

XX

Chunky peanut Butter

Source: Goldstein Research

XX

Natural Peanut Butter

XX

7%

20%

22%

30%

30%

40%

41%

2016

2024

70% 60% 50% 40% 30% 20% 10%

0%

XX

Low-Fat Peanut Butter

10%

Low-Fat Peanut Butter

Natural Peanut Butter

Crunchy Peanut Butter

Creamy Peanut Butter

Source: Goldstein Research

According to Goldstein Research, creamy peanut butter holds the largest portion of market revenue of XX% in 2016 while chunky peanut butter tends to grow at the significant pace over the forecast period.  By 2025, North America is expected to contribute highest market share of XX% across the globe, followed by Europe with XX% market share. However, in emerging economies such as Asia Pacific, peanut butter market is at a nascent stage and is anticipated to witness highest growth owing to the rising disposable income of consumers in the respective region The global peanut oils and fats market is forecasted to reach USD XXX million, growing at a CAGR of XX% from 2016 to 2024. Of this, the global Peanut butter market is forecasted to grow with XX% CAGR to reach USD XX million.

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