DUBLIN--(BUSINESS WIRE)--The "The Global Peanut Butter Market and the Impact of COVID-19 in the Medium Term" report has been added to ResearchAndMarkets.com's offering.
The global peanut butter market was equal to 3.00 billion USD (calculated in retail prices) in 2014. Until 2024, the peanut butter market in the world is forecast to reach 4.52 billion USD (in retail prices), thus increasing at a CAGR of 4.25% per annum for the period 2019-2024. This is an increase, compared to the growth of about 3.96% per year, registered in 2014-2018.
The average consumption per capita in value terms reached 0.78 USD per capita (in retail prices) in 2014. In the next five years, it grew at a CAGR of 3.33% per annum. In the medium term (by 2024), the indicator is forecast to slow down its growth and increase at a CAGR of 2.61% per annum.
The jams, jellies, chocolate spreads and peanut butter industry is going through a period of major shifts in consumer preferences. In fact, consumers' evolving choice has influenced jams, jellies, chocolate spreads and peanut butter production and consumption at all stages of the value chain. Now, people are increasingly health-conscious and more interested in functional foods with additional health benefits. So, demand for healthy and clean label products is increasingly growing and is one of the leading trends in the global industry. Aspects such as price and taste are no longer the main drivers of choice for consumers. Instead, consumers' behavior has been significantly influenced by the growing importance of health and wellness, sustainability and social responsibility, as well as by the desire for new experiences.
Currently, the number of consumers, who are looking for products with no additives or artificial preservatives, is increasing. In fact, the term behind this trend, which is called clean labelling is becoming more popular. Most of the people, nowadays, are aware of clean label claims and these claims influence their buying decisions in regard to jams, jellies, chocolate spreads and peanut butter products. Demand for products with such labelling is increasing and people are inclined to pay a premium price for products with this specific label. In order to respond to the emerging clean label trend, companies within the sector are trying to appeal consumers by reformulating their ingredients and offering preservative-free products.
This report presents a strategic analysis of the global peanut butter market and a forecast for its development in the medium term, taking into account the impact of COVID-19 on it. It provides a comprehensive overview of the market volume and value, dynamics, segmentation, characteristics, main players, prices, international trade, trends and insights, growth and demand drivers, challenges, etc. This is the most detailed (COVID-19 updated) and comprehensive report about the global peanut butter market, covering all global regions and 151 single countries. The report presents information on each indicator for each of the 151 countries covered, offering unmatched value, accuracy and expert insights.
The report on the global peanut butter market covers:
- Market volume, value and dynamics for the last five years;
- Market segmentation (by region and each covered country; by product groups, etc.) for the last five years;
- Analysis of the factors, influencing the market development (market trends and insights, drivers and challenges) and the impact COVID-19 has and will have on the market in both the short and the medium term;
- Value chain analysis and structure of price formation;
- Analysis of retail price levels and their dynamics for the last five years (broken down by region and each covered country);
- Analysis of the major international trade flows;
- Volume, value, dynamics, segmentation (by region and each covered country) and analysis of imports for the last five years;
- Volume, value, dynamics, segmentation (by region and each covered country) and analysis of exports for the last five years;
- Volume and dynamics of the average import and export prices for the last five years (broken down by region and each covered country);
- Volume, value, dynamics, segmentation and analysis of per capita consumption for the last five years (broken down by region and each covered country);
- Forecast for market development in the medium term (volume, value and segmentation by region and each covered country);
- Characteristics of the main players on the market;
- Analysis of the competitive landscape;
- Five Forces analysis;
- Analysis and forecast for the global economy and demographics.
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Product Description
5. State of the Global Demographics and Economy
5.1. Characteristics of the Global Demographics in 2014-2018
5.2. Characteristics of the Global Economy in 2014-2018
5.3. Forecast for the Development of the Global Economy in the Short Term
6. Overview, Segmentation and Analysis of the Global peanut butter Market
6.1. Volume, Value and Dynamics of the Global peanut butter Market in 2014-2018
6.2. Segmentation of the Global peanut butter Market in 2014-2018 by Main Regions
6.3. Segmentation of the Global peanut butter Market in 2014-2018 by Countries
6.4. Trends and Insights of the Global peanut butter Market
6.5. Profiles of the Main Players on the Global peanut butter Market
6.6. Five Forces Analysis
6.7. Competitive Landscape on the Global peanut butter Market
6.8. Drivers and Challenges That Will Affect the Future Development of the Global peanut butter Market
7. Characteristics and Analysis of the Global Prices of peanut butter in 2014-2018
7.1. Value Chain Analysis
7.2. Structure of Price Formation
7.3. Segmentation of the Average Retail Prices of peanut butter Globally in 2014-2018 by Main Regions
7.4. Segmentation of the Average Retail Prices of peanut butter Globally in 2014-2018 by Countries
8. Global Foreign Trade Operations of peanut butter
8.1. Global Foreign Trade Operations of peanut butter in 2014-2018
9. Overview, Segmentation and Analysis of the Global Imports of peanut butter
9.1. Volume, Value and Dynamics of the Global Imports of peanut butter in 2014-2018
9.2. Segmentation of the Global Imports of peanut butter by Importing Regions in 2014-2018
9.3. Segmentation of the Global Imports of peanut butter by Importing Countries in 2014-2018
9.4. Segmentation of the Average Import Prices of peanut butter by Importing Countries in 2014-2018
10. Overview, Segmentation and Analysis of the Global Exports of peanut butter
10.1. Volume, Value and Dynamics of the Global Exports of peanut butter in 2014-2018
10.2. Segmentation of the Global Exports of peanut butter by Exporting Regions in 2014-2018
10.3. Segmentation of the Global Exports of peanut butter by Exporting Countries in 2014-2018
10.4. Segmentation of the Average Export Prices of peanut butter by Exporting Countries in 2014-2018
11. Characteristics and Segmentation of the Global Consumption of peanut butter per Capita
11.1. Segmentation of the Global peanut butter Consumption per Capita by Main Regions in 2014-2018
11.2. Segmentation of the Global peanut butter Consumption per Capita by Countries in 2014-2018
12. Forecast for the Development of the Global peanut butter Market in 2019-2024
12.1. Forecast for the Development of the Global peanut butter Market in 2019-2024 in Three Possible Scenarios
12.2. Forecast for the Development of the Global peanut butter Market, Broken down by Main Regions in 2019-2024
12.3. Forecast for the Development of the Global peanut butter Market, Broken down by Countries in 2019-2024
Companies Mentioned
- ADM Rice
- Ake Rice Mill Co., Ltd
- Alobha
- American Italian Pasta Company
- Armanino Foods of Distinction Inc.
- Asia Golden Rice
- Barilla Group
- Campbell Soup Company
- Capital Rice Group
- Conagra Foods, Inc.
- Daawat
- Delverde
- Ebro Foods
- F.Lli De Cecco Di Filippo - Fara San Martino
- Fiori-Bruna Pasta Products
- General Mills
- Gulf Rice Milling
- ITC
- Kohinoor Foods Ltd
- Krbl Ltd
- Lal Qilla
- Mccormick & Company
- Nestl
- Nissin Foods Holdings Co., Ltd.
- Rei Agro Limited
- Riceland Foods Inc.
- Strom Products Ltd.
- Thanasan Group
- The Kraft Heinz Company
- Treehouse Foods
- V.A.P Foods Ltd
For more information about this report visit https://www.researchandmarkets.com/r/ixvf93
