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Peanut Butter Market by Distribution Channel, Type, and Geography - Forecast and Analysis 2020-2024

  • Published: Dec 2020
  • Pages: 120
  • SKU: IRTNTR45588
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The peanut butter market size has the potential to grow by USD 1.07 billion during 2020-2024, and the market's growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by distribution channel (offline and online), type (creamy/regular peanut butter, crunchy/chunky peanut butter, natural peanut butter, low-fat peanut butter, and others), and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market's competitive landscape and offers information on several market vendors, including Algood Food Co., Conagra Brands Inc., Dr. August Oetker KG, Hormel Foods Corp., The Hain Celestial Group Inc., The Hershey Co., The J.M. Smucker Co., The Kraft Heinz Co., The Kroger Co., and Unilever Group.

Market Overview

Peanut Butter Market Size

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Market Competitive Analysis

The peanut butter market is fragmented. Algood Food Co., Conagra Brands Inc., and Dr. August Oetker KG are some of the major market participants. Factors such as health benefits associated with peanut butter, rise in consumption of gluten-free products, and increasing prominence of private-label brands will offer immense growth opportunities. However, risk of allergic reactions, lower availability and preference for peanut butter in some countries, and stringent regulations on peanut butter quality and packaging may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this peanut butter market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and offers information on the products offered by various companies. Moreover, this peanut butter market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Algood Food Co.
  • Conagra Brands Inc.
  • Dr. August Oetker KG
  • Hormel Foods Corp.
  • The Hain Celestial Group Inc.
  • The Hershey Co.
  • The J.M. Smucker Co.
  • The Kraft Heinz Co.
  • The Kroger Co.
  • Unilever Group

 

Peanut Butter Market: Segmentation by Geography

Peanut Butter Market Market segmentation by region

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The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. North America will offer several growth opportunities to market vendors during the forecast period. 

58% of the market's growth will originate from North America during the forecast period. The US and Canada are the key markets for peanut butter in North America. This report provides an accurate prediction of the contribution of all segments to the growth of the peanut butter market size.

Peanut Butter Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive peanut butter market growth during the next five years
  • Precise estimation of the peanut butter market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the peanut butter industry across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of peanut butter market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
    • Impact of COVID-19 pandemic on the global market

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Distribution channel

    • Market segments
    • Comparison by Distribution channel
    • Offline - Market size and forecast 2019-2024
    • Online - Market size and forecast 2019-2024
    • Market opportunity by Distribution channel

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • Creamy/regular peanut butter - Market size and forecast 2019-2024
    • Crunchy/chunky peanut butter - Market size and forecast 2019-2024
    • Natural peanut butter - Market size and forecast 2019-2024
    • Low-fat peanut butter - Market size and forecast 2019-2024
    • Others - Market size and forecast 2019-2024
    • Market opportunity by Type

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2019-2024
      • South America - Market size and forecast 2019-2024
      • Europe - Market size and forecast 2019-2024
      • APAC - Market size and forecast 2019-2024
      • MEA - Market size and forecast 2019-2024
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Algood Food Co.
      • Conagra Brands Inc.
      • Dr. August Oetker KG
      • Hormel Foods Corp.
      • The Hain Celestial Group Inc.
      • The Hershey Co.
      • The J.M. Smucker Co.
      • The Kraft Heinz Co.
      • The Kroger Co.
      • Unilever Group

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
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      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
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      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      Peanut Butter market growth will increase by $1068.58 million during 2019-2024.
      The peanut butter market is expected to grow at a CAGR of 5.48% during 2019-2024.
      Technavio has segmented the peanut butter market by distribution channel (Offline and Online) ,type (Creamy/regular peanut butter, Crunchy/chunky peanut butter, Natural peanut butter, Low-fat peanut butter, and Others) , and geographic (North America, South America, Europe, APAC, and MEA).
      Algood Food Co., Conagra Brands Inc., Dr. August Oetker KG, Hormel Foods Corp., The Hain Celestial Group Inc., The Hershey Co., The J.M. Smucker Co., The Kraft Heinz Co., The Kroger Co., Unilever Group are a few of the key vendors in the peanut butter market.
      North America will register the highest growth rate of 57.92% among the other regions. Therefore, the peanut butter market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the peanut butter market growth are:
      • Health benefits associated with peanut butter
      The peanut butter market vendors should focus on grabbing business opportunities from the offline segment as it accounted for the largest market share in the base year.
      • What are the key global market and the regional market share?
      • What are the revenue-generating key market segments?
      • What are the key factors driving and challenging this market’s growth?
      • Who are the key market vendors and their growth strategies?
      • What are the latest trends influencing the growth of this market?
      • What are the variables influencing the market growth in the primary regions?
      • What are the factors influencing the growth of the parent market?
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      • Data on revenue-generating market segments
      • Details on the market shares of various regions
      • Five-force market analysis

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