Increasing

The Global Peanut Butter Market is expected to be worth USD 5.51 million in 2024 to achieve USD 6.54 in 2029, to grow at a CAGR of 3.5% from 2024 to 2029.

Global Peanut Butter Market Report Scope:

• Market Size (2024): USD 6.47 million
• Market Size (2029): USD 8.93 million
• CAGR (2024 to 2029): 6.65%
• Base Year: 2023
• Forecast Period: 2024 to 2029
• Segments Analysed: Product Type, Distribution Channel And Region
• Geographies Covered: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
• Key Market Players Profiled: Britannia Dairy Private Limited, Procter & Gamble, Dr. Oetker India Pvt. Ltd, Conagra Brands, Algood Food Co., Kraft Foods, Boulder Brands, Hormel Foods Corporation, The J.M. Smucker Company and Unilever.

The cider market growth rate is driven by the rising preference for the consumption of alcoholic beverages. Cider is usually made up of fruits like apples, pears, and other fruit juices that are partially or completely fermented. The alcoholic content in cider is very low when compared to other beverages, which attracts huge consumers to opt for this beverage with different Flavors available.

Growing awareness through social media and others, the demand for cider is evenly growing as consumers are seeking the best alcoholic beverages with a rising health-conscious mindset. Cider is mostly preferable for health-conscious people as it has a low-calorie composition and is gluten-free. It is the ultimate substitute for beer, especially in summer, as it is sweeter and more refreshing. Major companies pay attention to manufacturing cider through fruits so as to promote gluten-free beverage options for people who seek natural products that contain zero gluten. This attribute has gained huge traction over the share of the cider market in recent years. Penetration of the e-commerce industry is adding fuel to the growth rate of the market. The easy availability of cider through online shopping that can be delivered to the doorstep is elevating the demand for the consumption of alcoholic beverages. The rising number of obesity, diabetes, and other chronic diseases is one of the common factors for the market to grow.

The rising prevalence of consuming low-alcoholic beverages from these people is prompting the market value to the next level as cider is a completely gluten-free beverage that doesn't affect the overall health of people suffering from various illnesses. Also, rising disposable income, more prominently in urban areas, is elevating the growth rate of the cider market. The increasing millennial generation who opt for locally produced ciders, which are natural in form, is surging the market growth.
The availability of other beverage options like wine, rum, whiskey, and others is slightly to decline the growth opportunities for the cider market in the coming years. Reluctance to adopt new product launches that are low in alcoholic content, especially among people aged above 40 years, certainly impedes the growth rate of the market. Strict rules and regulations by government authorities that give permission for the consumption of alcoholic beverages for public health and safety are likely to have a negative impact on the growth rate of the market.

Browse full details of the report @ https://www.marketdataforecast.com/market-reports/peanut-butter-market

Key Insights from The Report:
• Among the Products of this market, regular peanut butter holds the largest share which is followed by other segments. Low-sodium peanut butter is expected to have the fastest growth in the forecast period.
• North America is likely to dominate during the outlook period in terms of market revenue, with the United States as the growth engine in the area. The United States will have the largest contribution to total market income due to rising consumer disposable income and increasing demand for nutritional products
• Britannia Dairy Private Limited, Procter & Gamble, Dr. Oetker India Pvt. Ltd, Conagra Brands, Algood Food Co., Kraft Foods, Boulder Brands, Hormel Foods Corporation, The J.M. Smucker Company and Unilever.

SEGMENTATION INCLUDED IN THIS REPORT:

Global Peanut Butter Market - By Product Type:

• Plain
• Regular
• Low Sodium
• Low Sugar
Among the segments of this market, regular peanut butter holds the largest share which is followed by other segments. Low-sodium peanut butter is expected to have the fastest growth in the forecast period.

Global Peanut Butter Market - By Distribution Channel:

• Hypermarkets
• Supermarkets
• Retailers

Global Peanut Butter Market - By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Browse Regional Reports:

North America Peanut Butter Market By Product Type, By Distribution Channel And By Region(The U.S., Canada and Rest of North America) - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2024-2029.
https://www.marketdataforecast.com/market-reports/north-america-peanut-butter-market

Europe Peanut Butter Market Research Report - Segmented By Product Type, Distribution Channel and Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic & Rest of Europe) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029)
https://www.marketdataforecast.com/market-reports/europe-peanut-butter-market

Asia Pacific Peanut Butter Market By Product Type, Distribution Channel And By Region(China, Japan, India, Korea, Singapore, Australia, Malaysia) (Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2024-2029
https://www.marketdataforecast.com/market-reports/asia-pacific-peanut-butter-market

Latin America Peanut Butter Market By Product Type, Distribution Channel And Region(Brazil, Mexico And Rest Of Latin America) - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2024 to 2029.
https://www.marketdataforecast.com/market-reports/latin-america-peanut-butter-market

Middle East and Africa Peanut Butter Market Research Report - Segmented By Product Type, Distribution Channel, And Country (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA) - Analysis on Market Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029)
https://www.marketdataforecast.com/market-reports/middle-east-and-africa-peanut-butter-market

1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restaints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Peanut Butter Market, By Product Type
6.1.1 Crunchy
6.1.2 Smooth
6.1.3 Market Size Estimations & Forecasts (2022 - 2027)
6.1.4 Y-o-Y Growth Rate Analysis
6.1.5 Market Attractiveness Index
6.2 Peanut Butter Market, By Distribution Channel
6.2.1 Online Stores
6.2.2 Convenience Stores
6.2.3 Supermarkets and Hypermarkets
6.2.4 Market Size Estimations & Forecasts (2022 - 2027)
6.2.5 Y-o-Y Growth Rate Analysis
6.2.6 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2022 - 2027)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Product Type
7.2.3 By Distribution Channel
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Product Type
7.3.3 By Distribution Channel
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Product Type
7.4.3 By Distribution Channel
7.5 Latin America
7.5.1 By Country
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Product Type
7.5.3 By Distribution Channel
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Product Type
7.6.3 By Distribution Channel
8. Key Player Analysis
8.1 Procter & Gamble
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Britannia Dairy Private Limited
8.3 Dr. Oetker India Pvt. Ltd
8.4 Conagra Brands
8.5 Algood Food Co
8.6 Kraft Foods
8.7 Boulder Brands
8.8 Hormel Foods Corporation
8.9 The J.M. Smucker Company
8.10 Unilever
9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures
About Us:
Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

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MarketDataForecast
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Phone: 81217 75951
Email: sales@marketdataforecast.com
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MarketDataForecast
www.marketdataforecast.com
Phone: 81217 75951
Email: sales@marketdataforecast.com
3rd floor, Trendz Park, Jain Rock Garden Rd, Vittal Rao Nagar, Madhapur, Hyderabad, Telangana 500081

Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

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