Asia Pacific Peanut Butter Market

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Asia Pacific Peanut Butter Market By Product Type (Plain, Regular, Low Sodium And Low Sugar), By Distribution Channel (Hypermarkets, Supermarkets, Retailers And Other Distribution Channels) And By Region (Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2022 to 2027

Published: January, 2022

ID: 5908

Pages: 145

Asia Pacific Peanut Butter Market Size and Growth Analysis:

Asia Pacific Peanut Butter Market was worth USD 760 million in 2022 and is estimated to be growing at a CAGR of 11.76%, to reach USD 1320 million by 2027

Asia Pacific Peanut Butter Market Overview

Peanut Butter is a food paste or spreads which is made from ground dry roasted peanuts. It often contains additional ingredients which modify the texture or taste, such as sweeteners, salt, or emulsifiers. Peanut butter is popular in many countries around the world. Peanut butter is served as a spread on toast, bread or crackers, and is used in making sandwiches notably the peanut butter and jelly sandwich. It is also used in numerous confections and packaged foods, such as Reese's Peanut Butter Cups which is made of chocolate-coated peanut butter, candy bars that are made from peanut butter-flavored snickers, and peanut-flavored granola bars. Comparable preparations are made by grinding other nuts. A variety of other nut butter is also sold, such as almond butter and cashew butter.

Asia Pacific Peanut Butter Market Analysis:

The driving factors of the Asia Pacific Peanut Butter market are the growing demand for nutritious products coupled with the increasing disposable income of consumers particularly in developing countries. Other drivers that are driving the growth of the peanut butter market are the emergence of hectic life schedules and the growing demand for low-calorie healthy food. Changing lifestyles and shifting toward the intake of convenient food are also some factors that are expected to drive the peanut butter market in the forecast period. A major constraint that is expected to hinder the growth of the peanut butter market is the availability of peanuts at competitive prices coupled with fluctuating peanut production.

Asia Pacific Peanut Butter Market Segmentation:

The Asia Pacific Peanut Butter market is segmented on the

basis of

product type
distribution channel

On the basis of product type,

plain
regular
low sodium
low sugar

Among the segments of this market, regular peanut butter holds the largest share which is followed by other segments. Low sodium peanut butter is expected to have the fastest growth in the forecast period. On the basis of distribution channels, the market is divided into hypermarkets, supermarkets, retailers, and others. In the above segment, the supermarket segment is expected to have the largest share which is followed by hypermarkets and retailers.

Asia Pacific Peanut Butter Market Geographical Analysis:

India
China
Japan
Australia

Asia Pacific region has the third largest market for peanut butter in the world by share. It is expected to grow the fastest in the world, owing to emerging economies such as India and China and the growing population in the region. Factors such as growing demand for healthy foods and changing lifestyles are expected to drive the market growth in the region.

Asia Pacific Peanut Butter Market Key Players:

Procter & Gamble
Unilever
Smucker Company
Hormel Foods Corporation
Boulder Brands Inc.
Kraft Canada Inc
Algood Food Company Inc

1. Introduction

1.1 Market Definition

1.2 Study Deliverables

1.3 Base Currency, Base Year and Forecast Periods

1.4 General Study Assumptions

2. Research Methodology

2.1 Introduction

2.2 Research Phases

2.2.1 Secondary Research

2.2.2 Primary Research

2.2.3 Econometric Modelling

2.2.4 Expert Validation

2.3 Analysis Design

2.4 Study Timeline

3. Overview

3.1 Executive Summary

3.2 Key Inferences

3.3 Epidemology

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)

4.1 Market Drivers

4.2 Market Restraints

4.3 Key Challenges

4.4 Current Opportunities in the Market

5. Market Segmentation

5.1 Product Type

5.1.1 Plain

5.1.2 Regular

5.1.3 Low Sodium

5.1.4 Low Sugar

5.1.5 Y-o-Y Growth Analysis, By Product Type

5.1.6 Market Attractiveness Analysis, By Product Type

5.1.7 Market Share Analysis, By Product Type

5.2 Distribution Channel

5.2.1 Hypermarkets

5.2.2 Supermarkets

5.2.3 Retailers

5.2.4 Other Distribution Channels

5.2.5 Y-o-Y Growth Analysis, By Distribution Channel

5.2.6 Market Attractiveness Analysis, By Distribution Channel

5.2.7 Market Share Analysis, By Distribution Channel

6. Geographical Analysis

6.1 Introduction

6.1.1 Regional Trends

6.1.2 Impact Analysis

6.1.3 Y-o-Y Growth Analysis

6.1.3.1 By Product Type

6.1.3.2 By Distribution Channel

6.1.4 Market Attractiveness Analysis

6.1.4.1 By Product Type

6.1.4.2 By Distribution Channel

6.1.5 Market Share Analysis

6.1.5.1 By Product Type

6.1.5.2 By Distribution Channel

6.2 China

6.3 India

6.4 Japan

6.5 South Korea

6.6 Australia

7. Strategic Analysis

7.1 PESTLE analysis

7.1.1 Political

7.1.2 Economic

7.1.3 Social

7.1.4 Technological

7.1.5 Legal

7.1.6 Environmental

7.2 Porter’s Five analysis

7.2.1 Bargaining Power of Suppliers

7.2.2 Bargaining Power of Consumers

7.2.3 Threat of New Entrants

7.2.4 Threat of Substitute Products and Services

7.2.5 Competitive Rivalry within the Industry

8. Market Leaders' Analysis

8.1 Procter & Gamble

8.1.1 Overview

8.1.2 Product Analysis

8.1.3 Financial analysis

8.1.4 Recent Developments

8.1.5 SWOT analysis

8.1.6 Analyst View

8.2 Unilever

8.3 The J.M. Smucker Company

8.4 Hormel Foods Corporation

8.5 Boulder Brands Inc.

8.6 Kraft Canada Inc.

8.7 Algood Food Company Inc.

9. Competitive Landscape

9.1 Market share analysis

9.2 Merger and Acquisition Analysis

9.3 Agreements, collaborations and Joint Ventures

9.4 New Product Launches

10. Market Outlook and Investment Opportunities

Appendix

a) List of Tables

b) List of Figures

Asia Pacific Peanut Butter Market By Product Type , From 2022 - 2027 ( USD Million )
Asia Pacific Plain Market By Region, From 2022 - 2027 ( USD Million )
Asia Pacific Regular Market By Region, From 2022 - 2027 ( USD Million )
Asia Pacific Low Sodium Market By Region, From 2022 - 2027 ( USD Million )
Asia Pacific Low Sugar Market By Region, From 2022 - 2027 ( USD Million )
Asia Pacific Peanut Butter Market By Distribution Channel , From 2022 - 2027 ( USD Million )
Asia Pacific Hypermarkets Market By Region, From 2022 - 2027 ( USD Million )
Asia Pacific Supermarkets Market By Region, From 2022 - 2027 ( USD Million )
Asia Pacific Retailers Market By Region, From 2022 - 2027 ( USD Million )
Asia Pacific Other Distribution Channels Market By Region, From 2022 - 2027 ( USD Million )
Japan Peanut Butter Market By Product Type , From 2022 - 2027 ( USD Million )
Japan Peanut Butter Market By Distribution Channel , From 2022 - 2027 ( USD Million )
China Peanut Butter Market By Product Type , From 2022 - 2027 ( USD Million )
China Peanut Butter Market By Distribution Channel , From 2022 - 2027 ( USD Million )
India Peanut Butter Market By Product Type , From 2022 - 2027 ( USD Million )
India Peanut Butter Market By Distribution Channel , From 2022 - 2027 ( USD Million )
Australia Peanut Butter Market By Product Type , From 2022 - 2027 ( USD Million )
Australia Peanut Butter Market By Distribution Channel , From 2022 - 2027 ( USD Million )
South Korea Peanut Butter Market By Product Type , From 2022 - 2027 ( USD Million )
South Korea Peanut Butter Market By Distribution Channel , From 2022 - 2027 ( USD Million )