Peanut butter is a high nutritional, healthy, low calorie and popular product. At present, western countries is the major peanut butter market presence while the Asian countries are relatively newly developed peanut markets such as India. In comparison with other spreads, peanut butter is not only benefit for consumers’ losing weight, but also good for our body growth. According to the global industry analysis and opportunity assessment 2017-2027, the future of peanut butter is very good.
Peanut butter market analysis:
Peanut butter market can be divided into regular peanut butter market, low sodium peanut butter market, low sugar and plain peanut butter market. The regular peanut butter is the dominating market, and the sodium peanut butter will show fastest growth in the future.
The distribution channel of peanut butter can be divided into supermarkets, hypermarkets, retailers and others. Supermarket distribution channel is expected to contribute the maximum revenue to the overall revenue of peanut butter market, followed by hypermarkets and retailers.
From the aspect of region, peanut butter market mainly includes North America, Latin America, Eastern Europe, Middle East, Africa, Japan and Asia Pacific(Japan excluded), and peanut butter market is spreading into other regions gradually.
Outlook of peanut butter market:
With the rising consumers’ demands for healthy, nutritious and low calorie foods, peanut butter market has a very bright future all over the world. But according to the analyse, North America is the most expected to be the highest peanut butter market sharer, and U.S. will contribute the biggest market share because of the consumers’ high income, however, for the consumers in other regions such as Asia Pacific, the rising of disposable income will bring the peanut butter market’s highest growth.
Main elements affecting peanut butter market:
The consumers’ rising need for nutritious, low calorie and healthy peanut butter products.
Consumers’ increasing disposable income especially in developing countries
Changing lifestyle and shift towards convenient food’ intake
The availability of peanut at relatively competitive prices
Fluctuating production of peanuts especially in India
With the technology develping of peanut butter machine and investment reducing, many people want to create their career of peanut butter production, and our customers already derived a benefit from this, so, If you are going to start a peanut butter business, please feel free to contact us, we can give you professional advice and help in the design of workshop, the installation of machine, and other complete service, our peanut butter grinding machine is proved that has good quality and perfect work performance by our customers, as the main machine for produce peanut butter, it is important for your production, you should be careful to choose one sutiable for you.
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Mar 27,2017