
Global Drinkable Peanut Powder Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
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May 2023
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"Global Drinkable Peanut Powder Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global drinkable peanut powder market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2026. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global drinkable peanut powder market report has been segmented on the basis of type, application, and region.
Introduction
Drinkable peanut powder is a produced by crushing roasted peanuts, in order to remove natural oils. Remaining particles after removing natural oil from peanuts are grounded into fine powder – contains 85% less fat and 50% fewer calories as compare to regular peanut butter. Increasing consumer preference towards plant-based proteins instead of animal-based proteins and rising demand for healthy beverages is significantly high, which in turn expected to support growth of the global drinkable peanut powder market.
Market Dynamics
Increasing governments support of various countries regarding the production of organic, natural, and non-GMO (Genetically modified) foods and beverages are major factors expected to drive growth of the global drinkable peanut powder market over the forecast period. In addition, rising consumer preference towards nutritious and functional foods and beverages, owing to its plant-based natural protein contents is another factor expected to further fuel growth of this market in the near future. Furthermore, increasing health consciousness, consumer awareness, and rising production and consumption of peanuts and peanut-based products are other factors expected to boost growth of the target market over the forecast period. Moreover, growing awareness regarding health benefits associated with daily consumption of peanut enables reducing risk associated with cardiovascular diseases and type-2 diabetes are other factors expected to support growth of this market over the forecast period.
Ongoing trend observed in the global drinkable peanut powder market is increasing adoption of peanut based beverages among consumers, owing to its health benefits such as lower calorie and high protein contents. This trend is expected to continue over the forecast period.
Increasing focus towards development of peanut powder-based beverages which are contains high protein contents and lower fat content with fewer calories are expected to create lucrative opportunities for food manufacturers operating in the global drinkable peanut powder market over the forecast period.
Analysis by Segmentation:
The global drinkable peanut powder market report has been segmented on the basis of product type, application, and region. The soluble (powder) product type segment is expected to register significant share in terms of revenue over the forecast period. The shakes followed by smoothie’s application segment is expected to register significant share over the forecast period.
Analysis by Region
The market in North America is expected to register significant share in terms of revenue over the forecast period, owing to increasing consumer awareness regarding the benefits of drinkable peanut powder and launch of new products in various countries in this region. In addition, the market in Asia Pacific is expected to dominate the target market over the forecast period, owing to increasing demand for high quality and high-end peanut products across various countries in this region.
Global drinkable peanut powder market segmentation:
Segmentation by type:
- Soluble (powder)
- Insoluble (particle)
Segmentation by application:
- Shakes
- Smoothies
- Flavored beverages
Segmentation by region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn - The J. M. Smucker Company
- Golden Peanut and Tree Nuts
- Santa Cruz Natural Incorporated
- Bell Research Cos Inc.
- Peanut Butter & Co., Inc.
- Betterbody Foods & Nutrition LLC
- Nutrinity Foundation
- Protein Plus, LLC
- Sukrin Ltd.
- The Nut Company BV
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