About Drinkable Peanut Powder
Drinkable peanut powder is that type of powder which is mainly prepared by crushing roasted peanuts, with the purpose of remove natural oils. It is widely used in nutritional snack food and confectionery product in order to improve its nutrition. Advantages of drinkable peanut powder are rich in protein, low in fat content with fewer calories, lowers colon cancer, suppresses hunger for weight loss, helps protect against alzheimer’s disease and memory impairment, high in valuable nutrition, among others
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The drinkable peanut powder market is highly fragmented in nature with a large number of international as well as regional players operating in the market. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Drinkable Peanut Powder market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
The J.M. Smucker Company (United States), Golden Peanut Company, LLC (United States), Bell Research Companies, Inc. (United States), Peanut Butter & Co., Inc. (United States), The Tru-Nut Company (Netherlands), Sukrin Ltd. (United Kingdom), Protein plus, LLC. (United States), BetterBody Foods (United States) and Nutrinity (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Boulder Brands (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Drinkable Peanut Powder market by Type (Soluble (Powder) and Insoluble (Particle)), Application (Shakes, Smoothies and Flavored Beverages) and Region.
On the basis of geography, the market of Drinkable Peanut Powder has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Market & Hypermarket will boost the Drinkable Peanut Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
In the food manufacturing segment, groundnuts are widely used as ingredients in peanut butter, chocolate and other food and snack preparations.
Market Growth Drivers:
Rising Consumer Awareness Regarding the Benefits of Drinkable Peanut Powder as Compared to Peanut Butter and Other Peanut Products and Growing Demand for Beverages, Nutritious Products, and Plant-Based Proteins Coupled
Challenges:
Exporters are Complying with Maximum Levels of Aflatoxin and other Contaminants
Restraints:
Issue related to Some High Prices of Drinkable Peanut Powder Products and Problem Regarding the Availability of Peanut at Relatively Competitive Prices Coupled with Fluctuating Production of Peanuts
Opportunities:
Rising Demand from Emerging Economics such as China, Brazil. India, among others
Market Leaders and their expansionary development strategies
In January 2023, WOW Life Science Launched Peanut Butter Infused with Superfoods. WOW Life Science has been developing a unique peanut butter that offers consumers unmatched health benefits. The internal innovation team developed the first peanut butter with superfoods in India after doing significant customer research and seeking advice from experts.
In March 2019, the Marmite (United Kingdom) Company has launched peanut butter, which is plant-based diets. Therefore, it will benefit in the increased product portfolio of the company in the future.
Key Target Audience
Drinkable Peanut Powder Manufactures Companies, Commercial Research and Development Institutions, Raw Material Suppliers and Distributors, Retailers, Supermarkets, and Hypermarkets and Traders, Exporters, and Importers
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.