Peanut Butter Market - Forecast 2022 - 2027

The Peanut Butter Market size is estimated to reach $5.3 billion by 2027. Furthermore, it is poised to grow at a CAGR of 6.1% over the forecast period of 2022-2027. Peanuts often revered as groundnuts are extremely common forms of snacks, candy, and butter. However, the latter form which is peanut butter holds a dominant market share within the peanut sub-forms. Peanut butter is packed with folate which is highly recommended to women for their health. Additionally, pantothenic acid or also known as Vitamin B5 is present in good quantities within peanuts.

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By Type-?Smooth Peanut Butter (Sweetened & Unsweetened) and Crunchy Peanut Butter (Sweetened & Unsweetened).

By Application-??#food?#manufacturing?Industries & Household.

By Distribution Channel- Offline?#retail?and Online Retail.

By Geography- North America (U.S.,?#canada?and?#mexico?), Europe (Germany, UK, France, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America) and Rest of World (the Middle East and Africa).

Major Key Players : 宝洁 | 联合利华 | Hormel Foods | Boulder Brands | Algood Food Company | 亨氏 | Sundrop Farms | Pintola