Peanut Butter Market Projected to grow at a CAGR of 10.0% over the Forecast Period 2016-2024

New York, USA, 2018-Aug-13 — /EPR Network/ —According to Goldstein Research, global peanut butter market is anticipated to reach USD 6.73 billion by 2024, growing at a CAGR of 10.0% over the forecast period 2016-2024.

The factors such as nutrient & dietary fiber in the peanut butter, decreases risk of type II diabetes and improvement in antioxidants in the body are driving the growth of the market. Global peanut butter market segmentation has been done on the basis of product type, distribution channel and geography. Geographically, global peanut butter industry is dominated by combined share of North America & Europe. In North America the consumers have developed the use of peanut butter as a staple food. In 2015, the U.S. witnessed total export of 105,000 tons of peanut butter.

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Market Segmentation

Global Peanut Butter Market can be segmented as follows:

Based on Product Type

  • Creamy Peanut Butter
  • Crunchy/Chunky Peanut butter
  • Natural/ Regular Peanut Butter
  • Low-fat Peanut Butter

Based on Distribution Channel

  • Online
  • Offline

By Region

  • North America Peanut Butter Market Analysis, 2016-2024
  • Europe Peanut Butter Market Analysis, 2016-2024
  • Middle East And Africa Peanut Butter Market Analysis, 2016-2024
  • Latin America Peanut Butter Market Analysis, 2016-2024
  • Asia Pacific Peanut Butter Market Analysis, 2016-2024
  • Rest Of The World Peanut Butter Market Analysis, 2016-2024

 

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“Global Peanut Butter Market Outlook 2024contains detailed overview of the global peanut butter market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type, distribution channel and geography.

The Global Peanut Butter Market Report highlights the competitive analysis of key players in the industry and the company profiling includes business strategies, financial reports, revenue distribution by different segments, products & services catered by the company and other information to provide business outlook.

Key players of the global peanut butter market discussed in the report are: The J.M. Smucker Company, Hormel Foods Corporation, Proctor & Gamble, ConAgra Food Inc., Algood Food Company Inc., Kraft Canada Inc., Unilever, etc.

Further, Global Peanut Butter Market Report encompasses market trends, drivers, opportunities, challenges, risk analysis, market attractiveness, SWOT analysis, Porter’s five force model and BPS analysis. The report also includes the peanut butter market share, market size and annual growth rate, forecast based on estimated market size, market growth rate and anticipated trends in the market.

About Goldstein Research

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Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on food & beverages industry research reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

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