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The global peanut butter market is estimated to grow at a CAGR of 5.69% to reach US$5,249.302 million by 2025 from US$3,766.155 million in 2019.Peanuts are good source of healthy nutrients and its butter mixture is widely used for breakfast and for adding different flavors which is one of the growth factor of peanut butter market.
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Peanut Butter Market Forecast From 2020 to 2025
DESCRIPTION The global peanut butter market is estimated to grow at a CAGR of 5.69% to reach US$5,249.302 million by 2025 from US$3,766.155 million in 2019. Peanut butter is getting increasingly popular as easily prepared and convenient breakfast option, which is preferred by both the working-class population and the children, is growing. In addition, it is available in different varieties and flavors to appeal greater proportion younger population.
Key Questions Answered By The Report • What will be thePeanut Butter Market from 2020 to 2025? • How are the major drivers and restraints affecting the Peanut Butter Market • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Segments Covered Under Peanut Butter Market are : • By Type • Processed Peanut Butter • Natural Peanut Butter • By Product • Chunky Peanut Butter • Creamy Peanut Butter • By Packaging Type • Jars • Pouches • By Distribution Channel • Online • Offline • Hypermarkets • Convenience Stores • Others
Geography • North America • United States • Canada • Mexico • Others • South America • Brazil • Argentina • Others
Geography Europe • Germany • France • Italy • United Kingdom • Others Middle East and Africa • Israel • Saudi Arabia • UAE • Others Asia Pacific • Japan • China • India • Others
COMPANY PROFILES Dr. Oetker The J.M. Smucker Company Hormel Foods, LLC Conagra Brands The Hut.com Limited and MSM Retail Pvt Ltd. Pepper Health Pvt Ltd. Crazy Richard’s Peanut Butter The Leavitt Corporation PB2 Foods Storefront
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