Peanuts are a rich source of healthy protein, fats, and fiber. They also comprise plenty of phosphorous, potassium, magnesium, and vitamins. Regardless of being high in calories, peanuts are low in carbohydrates and nutrient-rich. These factors have led to increasing demand for the peanut paste in the global market.
MARKET DYNAMICS
The peanut paste market has witnessed significant growth due to its increasing awareness of peanut paste benefits among consumers. Additionally, the growing adoption of a high protein diet is known to boost the peanut paste market in the coming years. The rising application of peanut paste in various cuisines provides vast market opportunities for the key players operating in the peanut paste market.
MARKET SCOPE
The "Global Peanut Paste Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the peanut paste market with detailed market segmentation by type, applications, and geography. The global peanut paste market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading peanut paste market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global peanut paste market is segmented on the type and applications. On the basis of type, the global peanut paste market is segmented into sweet taste and saline taste. On the basis of application, the global peanut paste market is segmented into food, consumed with bread or rice, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global peanut paste market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The peanut paste market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the peanut paste market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the peanut paste market in these regions.
MARKET PLAYERS
The reports cover key developments in the peanut paste market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from peanut paste market are anticipated to lucrative growth opportunities in the future with the rising demand for peanut paste in the global market. Below mentioned is the list of few companies engaged in the peanut paste market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the peanut paste market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Algood Food Company
- Cape May Peanut Butter Co.
- ConAgra Foods
- Hormel Foods
- J.M. Smucker Company
- Kraft
- Ruparel Foods
- Saratoga Peanut Butter Company
- STEEM Peanut Butter
- The Leavitt Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.