Detailed Overview of Peanut Butter Market, 2015-2025 by Future Market Insights
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.
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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Report Description<br />
<strong>Peanut</strong> butter market are segmented into North America, Latin America, Western Europe,<br />
Eastern Europe, Asia Pacific excluding Japan, Middle East and Africa and Japan.<br />
<strong>Peanut</strong> <strong>Butter</strong> <strong>Market</strong>: Region-wise Outlook<br />
The global peanut butter market is expected to witness robust growth over the forecasted<br />
period due to the rising needs <strong>of</strong> the consumers for low calorie nutritious products.<br />
Globally, among all regions, North America is expected to contribute highest market<br />
share, followed <strong>by</strong> Europe over the forecasted period. In North America, U.S. is expected<br />
to contribute maximum market share due the high disposable income <strong>of</strong> the consumers.<br />
However, in emerging economies such as Asia Pacific peanut butter market is anticipated<br />
to witness highest growth owing to the rising disposable income <strong>of</strong> consumers in these<br />
regions.<br />
<strong>Peanut</strong> <strong>Butter</strong> <strong>Market</strong>: Drivers<br />
Various drivers for peanut butter market includes rising demand for nutritious products<br />
coupled with increasing disposable income <strong>of</strong> consumers especially in developing<br />
countries. Other drivers that fuel the growth <strong>of</strong> peanut butter market are increasing<br />
demand for low calorie healthy food and emergence <strong>of</strong> hectic life schedule. Changing<br />
lifestyle coupled with shift towards the intake <strong>of</strong> convenient food are also factors that are<br />
expected to drive the peanut butter market in the coming four to five years. Major<br />
restraint that is expected to hamper the growth <strong>of</strong> the overall peanut butter market is the<br />
availability <strong>of</strong> peanut at relatively competitive prices coupled with fluctuating production<br />
<strong>of</strong> peanuts especially in India.
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