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Peanut Butter Market Size, Share, Trends | Industry Report 2017-2022

Peanut Butter Market Size, Share, Trends | Industry Report 2017-2022

According to a new report by Expert Market Research, global peanut butter market reached sales worth US$ 3 Billion in 2015 and is further expected to reach revenues worth US$ 4 Billion. The global peanut butter market is currently gaining impetus due to a number of factors. Rising health consciousness among the consumers has resulted in the growing demand for low-calorie and healthy food products, which in turn, is bolstering the global demand for peanut butter. To know more about market, click here: http://www.expertmarketresearch.com/reports/peanut-butter-market

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FMI: Peanut Butter Market Dynamics, Supply Demand, and Analysis 2015-2025

FMI: Peanut Butter Market Dynamics, Supply Demand, and Analysis 2015-2025

Peanut butter is a high protein, low calorie product that possess high nutritional value. It is healthy alternative to dairy butter and used as bread spread. Major market presence of peanut butter is in western countries in comparison to Asian countries such as India as product is relatively new to the Asian region. Peanut butter is used in various applications in the form of spread and is used as the substitute for milk butter. However, in comparison to other spreads peanut butter is a low calorie product with high protein content. Consumption of peanut butter includes various benefits associated with it such as it helps to reduce the weight and also possess optimum nutrition value. Peanut butter are also available in powder form and used in various applications such as breakfast food, savory sauces and smoothies.

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