DUBLIN, July 5, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Peanut Butter Market 2017-2021" report to their offering.
The global peanut butter market to grow at a CAGR of 13.02% during the period 2017-2021.
Global Peanut Butter Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
One trend in the market is peanut butter as an ingredient of snacks. Snacks manufacturers are now using peanut butter as one of the ingredients in their products. With the rise in health-conscious people switching to more healthy choices, manufacturers are innovating their products.
According to the report, one driver in the market is health benefits associated peanut butter. Peanut butter contains a good number of essential nutrients like vitamins and dietary fiber. It is also rich in minerals, like potassium and magnesium. Peanuts have a higher protein content than other nuts, such as hazelnuts, almonds, and cashew nuts. The butter has disease-prevention properties that improve health and antioxidant properties, which help control fatal diseases, like cancer and degenerative conditions.
Further, the report states that one challenge in the market is lower yields of peanuts. Lower production of peanut in countries, such as South Africa and China, has affected its price in these regions owing to high labor costs and adverse weather conditions. China too is reported to import more quantity of peanuts due to poor domestic production. In South Africa, the production of peanuts has been declining during the last few years. The situation was similar in a South American country, Argentina, which is the leading producer and exporter of peanuts.
- The J.M. Smucker Company
- Hormel Foods
- Conagra Foodservice
- The Hershey Company
Other prominent vendors
- Kraft Heinz
- Algood Food Company
- Trader Joe's
- Peanut Butter & Co
- Pinnacle Foods
- The Hain Celestial Group
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by product type
Part 07: Market segmentation by distribution channel
Part 08: Geographical segmentation
Part 09: Key leading countries
Part 10: Decision framework
Part 11: Drivers and challenges
Part 12: Market trends
Part 13: Vendor landscape
Part 14: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/xxzsml/global_peanut
Laura Wood, Senior Manager
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SOURCE Research and Markets