Peanut Butter Market Price Trends, Size, Share, Analysis and Forecast 2022-2027

Global Peanut Butter Author: Elena Anderson
Market Research Marketing Manager
Report 2022-2027 IMARC GroupCopyright © IMARC Service Pvt Ltd. All Rights Reserved

© 2022 IMARC All Rights Reserved

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Report DescriRpetpioornt Description and Highlights

Peanut Butter Market Outlook 2022-2027:

According to the recent report by IMARC Group, titled “Peanut Butter Market: Global Industry
Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global peanut butter
market size reached US$ 3.8 Billion in 2021.

Peanut butter refers to a thick spread that is produced by dry roasted peanuts. It is high in proteins
and low in calories in comparison to most other spreads. Peanut butter has gained prominence in
several countries as it is rich in fiber and micronutrients, like vitamin E, zinc, potassium, and
magnesium.

The consumption of peanut butter is associated with several health benefits like weight loss, less risk
of diabetes and cancer, a healthy heart, and good cholesterol maintenance. As a result, it is often
used in salads, cakes, brownies, sandwiches, frostings, and rolls, as well as a substitute for milk
butter.

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manufacturing-plant/requestsample

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Global Peanut Butter Market Trends:

One of the major factors driving the market growth is the rising health awareness that has led to the
incorporation of plant-based proteins by the masses in their daily diets. This, along with inflating income
levels, has increased the demand for premium peanut butter, thereby positively impacting the market
growth. Besides this, several brands are employing innovative marketing campaigns to expand their
consumer base.

For instance, Jif, an American brand, rolled out a limited-edition peanut butter variant with GIF graphics
on the jar to settle the debate over its pronunciation. Similar to Hormel Foods ‘Skippy’ ad campaign,
Jif’s roll-out played a significant role in the uptake of peanut butter. Furthermore, the outbreak of the
coronavirus disease (COVID-19) led to lockdowns for months in most countries worldwide. This has led
to a rise in the sales of packaged food items with a longer shelf life, such as peanut butter.

On account of these factors, the market is expected to grow at a CAGR of 5.7% during the forecast
period (2022-2027).

View Report TOC, Figures and Tables: https://www.imarcgroup.com/peanut-butter-manufacturing-
plant

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Key Market Segmentation

The research report includes the following segments:

Breakup by Product Type:

• Smooth Peanut Butter
• Crunchy Peanut Butter
• Others

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets
• Convenience Stores
• Online Stores
• Others

Report DescriRpetpioornt Description and Highlights

Breakup by Region:

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

Note: We are updating our reports, If you want the report with the latest primary and secondary
data (2022-2027) including industry trends, market size and Competitive landscape, etc. click here:
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Report DesKceriypQtiuoenstions Answered in the Report

1. What is the market size for the global peanut butter market?
2. What is the global peanut butter market growth?
3. What are the global peanut butter market drivers?
4. What are the key industry trends in the global peanut butter market?
5. What is the impact of COVID-19 on the global peanut butter market?
6. What is the global peanut butter market breakup by product type?
7. What is the global peanut butter market breakup by distribution channel?
8. What are the major regions in the global peanut butter market?
9. Who are the key companies/players in the global peanut butter market?

Report Description Table of Contents

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources

2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview
4.2 Key Industry Trends

Report Description Table of Contents

5 Global Sweet Spreads Industry

5.1 Market Overview
5.2 Market Performance

5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Market Breakup by Region
5.4 Market Breakup by Product Type
5.5 Market Forecast

6 Global Peanut Butter Industry

6.1 Market Overview
6.2 Market Performance

6.2.1 Volume Trends
6.2.2 Value Trends

Click here to visit the complete table of content with list of figures and tables:
https://www.imarcgroup.com/peanut-butter-manufacturing-plant/toc

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Report DescriRpetpioornt Description and Highlights

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