Among kinds of peanut products, peanut butter accounts for a large proportion, nearly 50% of all shelled peanut products in the United States are processed into peanut butter.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. If you want to start a peanut butter production business, you had better learn more about the peanut butter market.

 

The Popularity of Peanut Butter:

Taking America as an example, a recent consumer survey showed that the protein-rich food is consumed by more than 290 million Americans. In 2015, peanut butter dollar sales in the U.S. amounted to approximately 1.82 billion U.S. Dollars.The peanut butter market has a bright future.

 

Peanut Butter Ingredients:

Peanut butter is considered a traditional staple food of American diets. The all-time favorite spread is made out of dried and roasted peanuts. The main ingredients of peanut butter include a minimum of 90 percent peanuts, plus peanut oil or another type of vegetable oil, and sugar or another type of sweetener and salt.

 

Peanut Butter Varieties:

The different types of peanut butter available in the market include - Creamy, Crunchy/Chunky, Old Fashioned/Natural, Reduced Fat and Honey Roasted.  

 

Major Factors Affecting Peanut Butter Market:

Various flavors, new blends, rising disposable income of consumers and growing preferences for nutritious products are the major factors driving the growth of the global peanut butter market.

 

Major Players of Peanut Butter Market:

Among the major players operating in the global peanut butter market. J.M. Smucker Co. currently represents the largest player accounting for around one-third of the total sales. J.M. Smucker Co. is followed by Hormel and ConAgra Food Inc. From region-wise aspect, North America currently represents the biggest market for peanut butter followed by Europe and Asia Pacific.

 

How To Starting A Peanut Butter Business:

Before setting up a peanut butter manufacturing plant, it will be helpful for you to know about the peanut butter industry performance, peanut butter processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, etc.

 

 As a manufacturer of peanut butter processing machinery, we offer all of peanut butter machinery and also supply complete peanut butter production line, for our customers, we not only offer them ideal machinery but also help them in installment, operation, and other thoughtful after-sale services. For years of supplying and exporting experiences, we can offer our customers professional service for their business.