NEW YORK, Oct. 18, 2022 /PRNewswire/ -- The peanut butter market size is expected to grow by USD 1.35 billion from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 6.13% during the forecast period, according to Technavio. The health benefits associated with peanut butter are driving the peanut butter market growth. However, factors such as the risk of allergic reactions may challenge the market growth.
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- Distribution Channel
- Offline
- Online
- Geography
- North America
- South America
- Europe
- APAC
- Middle East And Africa
Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report
The offline segment will be the largest contributor to market growth during the forecast period. Specialty stores offer various brands and product portfolios. These stores are preferred by many consumers for purchasing health products such as peanut butter. Therefore, the demand for peanut butter products through this segment is expected to grow during the forecast period.
The peanut butter market is fragmented due to the presence of numerous regional and global vendors. The vendors are deploying organic and inorganic growth strategies to compete in the market. Vendors compete on the basis of type, price, and quality of products. The competition in the market is intense. Hence, to survive and succeed in such a competitive environment, it becomes imperative for vendors to distinguish their product offerings through clear and unique value propositions.
The peanut butter market report covers the following areas:
We provide a detailed analysis of around 25 vendors operating in the peanut butter market, including Algood Food Co., China Kunyu Industrial Co. Ltd., Dr. August Oetker KG, Galdisa USA Inc., Hormel Foods Corp., Kroger Co., ManiLife, Mars Inc., Nuts N More, NuttZo LLC, Peanut Butter and Co., Pip and Nut Ltd., Post Holdings Inc., Sonya Foods Pvt. Ltd., The Hain Celestial Group Inc., The J.M Smucker Co., The Kraft Heinz Co., The Leavitt Corp., Unilever PLC, and Windmill Organics Ltd.
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- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist peanut butter market growth during the next five years
- Estimation of the peanut butter market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the peanut butter market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of peanut butter market vendors
Lactose-Free Butter Market by Application and Geography - Forecast and Analysis 2022-2026: This report extensively covers lactose-free butter market segmentation by application (household and commercial) and geography (North America, Europe, APAC, South America, and the Middle East and Africa). 36% of the market's growth will originate from North America during the forecast period. The lactose-free butter market share growth in the household segment will be significant during the forecast period.
Mango Butter Market by Application and Geography - Forecast and Analysis 2022-2026: This report extensively covers mango butter market segmentation by application (food, cosmetics, and pharmaceutical) and geography (North America, Europe, APAC, South America, and Middle East and Africa). 43% of the market's growth will originate from North America during the forecast period. The mango butter market share growth by the food segment will be significant during the forecast period.
Peanut Butter Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.13% |
Market growth 2022-2026 |
USD 1.35 billion |
Market structure |
Fragmented |
YoY growth (%) |
5.9 |
Regional analysis |
North America, South America, Europe, APAC, and Middle East and Africa |
Performing market contribution |
North America at 51% |
Key consumer countries |
US, Canada, China, UK, and France |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Algood Food Co., China Kunyu Industrial Co. Ltd., Dr. August Oetker KG, Galdisa USA Inc., Hormel Foods Corp., Kroger Co., ManiLife, Mars Inc., Nuts N More, NuttZo LLC, Peanut Butter and Co., Pip and Nut Ltd., Post Holdings Inc., Sonya Foods Pvt. Ltd., The Hain Celestial Group Inc., The J.M Smucker Co., The Kraft Heinz Co., The Leavitt Corp., Unilever PLC, and Windmill Organics Ltd. |
Market Dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Distribution Channel
- 5.1 Market segments
- Exhibit 24: Chart on Distribution Channel - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Distribution Channel - Market share 2021-2026 (%)
- 5.2 Comparison by Distribution Channel
- Exhibit 26: Chart on Comparison by Distribution Channel
- Exhibit 27: Data Table on Comparison by Distribution Channel
- 5.3 Offline - Market size and forecast 2021-2026
- Exhibit 28: Chart on Offline - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Offline - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Offline - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Offline - Year-over-year growth 2021-2026 (%)
- 5.4 Online - Market size and forecast 2021-2026
- Exhibit 32: Chart on Online - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Online - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Online - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Online - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Distribution Channel
- Exhibit 36: Market opportunity by Distribution Channel ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 North America - Market size and forecast 2021-2026
- Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.4 South America - Market size and forecast 2021-2026
- Exhibit 46: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.5 Europe - Market size and forecast 2021-2026
- Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.6 APAC - Market size and forecast 2021-2026
- Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 Canada - Market size and forecast 2021-2026
- Exhibit 66: Chart on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on Canada - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on Canada - Year-over-year growth 2021-2026 (%)
- 7.10 China - Market size and forecast 2021-2026
- Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.11 UK - Market size and forecast 2021-2026
- Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.12 France - Market size and forecast 2021-2026
- Exhibit 78: Chart on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on France - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on France - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 85: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 86: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 87: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification
- 10.3 Algood Food Co.
- Exhibit 89: Algood Food Co. - Overview
- Exhibit 90: Algood Food Co. - Product / Service
- Exhibit 91: Algood Food Co. - Key offerings
- 10.4 China Kunyu Industrial Co. Ltd.
- Exhibit 92: China Kunyu Industrial Co. Ltd. - Overview
- Exhibit 93: China Kunyu Industrial Co. Ltd. - Product / Service
- Exhibit 94: China Kunyu Industrial Co. Ltd. - Key offerings
- 10.5 Dr. August Oetker KG
- Exhibit 95: Dr. August Oetker KG - Overview
- Exhibit 96: Dr. August Oetker KG - Product / Service
- Exhibit 97: Dr. August Oetker KG - Key news
- Exhibit 98: Dr. August Oetker KG - Key offerings
- 10.6 Hormel Foods Corp.
- Exhibit 99: Hormel Foods Corp. - Overview
- Exhibit 100: Hormel Foods Corp. - Business segments
- Exhibit 101: Hormel Foods Corp. - Key news
- Exhibit 102: Hormel Foods Corp. - Key offerings
- Exhibit 103: Hormel Foods Corp. - Segment focus
- 10.7 Kroger Co.
- Exhibit 104: Kroger Co. - Overview
- Exhibit 105: Kroger Co. - Product / Service
- Exhibit 106: Kroger Co. - Key news
- Exhibit 107: Kroger Co. - Key offerings
- 10.8 Post Holdings Inc.
- Exhibit 108: Post Holdings Inc. - Overview
- Exhibit 109: Post Holdings Inc. - Business segments
- Exhibit 110: Post Holdings Inc. - Key offerings
- Exhibit 111: Post Holdings Inc. - Segment focus
- 10.9 The Hain Celestial Group Inc.
- Exhibit 112: The Hain Celestial Group Inc. - Overview
- Exhibit 113: The Hain Celestial Group Inc. - Business segments
- Exhibit 114: The Hain Celestial Group Inc. - Key news
- Exhibit 115: The Hain Celestial Group Inc. - Key offerings
- Exhibit 116: The Hain Celestial Group Inc. - Segment focus
- 10.10 The J.M Smucker Co.
- Exhibit 117: The J.M Smucker Co. - Overview
- Exhibit 118: The J.M Smucker Co. - Business segments
- Exhibit 119: The J.M Smucker Co. - Key news
- Exhibit 120: The J.M Smucker Co. - Key offerings
- Exhibit 121: The J.M Smucker Co. - Segment focus
- 10.11 The Kraft Heinz Co.
- Exhibit 122: The Kraft Heinz Co. - Overview
- Exhibit 123: The Kraft Heinz Co. - Business segments
- Exhibit 124: The Kraft Heinz Co. - Key offerings
- Exhibit 125: The Kraft Heinz Co. - Segment focus
- 10.12 Unilever PLC
- Exhibit 126: Unilever PLC - Overview
- Exhibit 127: Unilever PLC - Business segments
- Exhibit 128: Unilever PLC - Key news
- Exhibit 129: Unilever PLC - Key offerings
- Exhibit 130: Unilever PLC - Segment focus
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 131: Inclusions checklist
- Exhibit 132: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 133: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 134: Research methodology
- Exhibit 135: Validation techniques employed for market sizing
- Exhibit 136: Information sources
- 11.5 List of abbreviations
- Exhibit 137: List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Technavio Research
Jesse Maida
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US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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