The global Drinkable Peanut Powder market was valued at US$ 458.5 million in 2020 and is expected to reach US$ 572.9 million by the end of 2027, growing at a CAGR of 2.8% during 2021-2027.
Drinkable peanut powder is a product that is prepared by crushing roasted peanuts, in order to remove natural oils. The remaining particles are then grounded into fine powder that contains 85% less fat and 50% fewer calories in comparison to regular peanut butter. Consumers prefer plant-based proteins over animal-based proteins. Demand for healthy beverages is significantly high, especially for drinkable peanut powder products. This is attributed to high protein content and health benefits that drinkable peanut powder products offer. Thus, food manufacturers are developing peanut powder-based beverages that are rich in protein and low in fat content with fewer calories. Governments of various countries support production of organic, natural, and non-GMO foods and beverages. The inclination of consumers towards nutritious and functional foods and beverages has created a positive platform for drinkable peanut powder, due to its plant-based natural protein content.
Factors such as increasing demand for beverages, nutritious products, and plant-based proteins coupled with increasing health consciousness and awareness among consumers, and increasing production and consumption of peanuts and peanuts-based products are expected to drive growth of the global drinkable peanut powder market. Additionally, increasing penetration of retail and online by major retailers and are expected to fuel the overall growth of the global drinkable peanut powder market.
Global Drinkable Peanut Powder Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Drinkable Peanut Powder Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are The J.M. Smucker, Golden Peanut And Tree Nuts, Santa Cruz, Bell Research, Peanut Butter, The Tru-Nut, Sukrin, Protein Plus, BetterBody Foods, Nutrinity Foundation and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-drinkable-peanut-powder-market-outlook
Segment by Type
- Soluble (Powder)
- Insoluble (Particle)
Segment by Application
- Super Market & Hypermarket
- Departmental Stores
- Online Retailing
Table of Content:
1 Drinkable Peanut Powder Market Overview
2 Drinkable Peanut Powder Market Competition by Manufacturers
3 Drinkable Peanut Powder Retrospective Market Scenario by Region
4 Global Drinkable Peanut Powder Historic Market Analysis by Type
5 Global Drinkable Peanut Powder Historic Market Analysis by Application
6 Key Companies Profiled
7 Drinkable Peanut Powder Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Drinkable Peanut Powder Market Dynamics
10 Global Drinkable Peanut Powder Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.