Drinkable Peanut Powder Market Size & Share poised for growth by 2024

Global Drinkable Peanut Powder Market: Overview

Drinkable peanut powder is an item that is made by squashing roasted peanuts, so as to get rid of natural oils. The rest of the particles are then beached into a fine powder that has 50% fewer calories and 85% less fat as compared to normal peanut butter. Users favor plant-supported proteins in comparison to animal-supported proteins. The requirement for healthy beverages is considerably elevated, particularly for products made up of drinkable peanut powder. This is contributed to the high content of protein and health advantages that products of drinkable peanut powder provide. Therefore, food makers are making beverages based on peanut powder that is low in fat content and loaded with protein with fewer calories. The report provides a detail view of the drinkable peanut powder market and analyses detailed type portfolio and strategic developments of key vendors. The report also includes competitive landscape, applications & of drinkable peanut powder market. The study cover market attractiveness analysis, in which type segments are specialized based on the market size, growth rate, and attractiveness.

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Administration of different nations supports the production of natural, organic, and non-GMO beverages and foods. The leaning of users towards functional and nutritious beverages and foods has made an optimistic platform for a product made of drinkable peanut powder, owing to its natural plant-based protein content.

Global Drinkable Peanut Powder Market: Growth Factors

Factors such as rising demand for nutritious products, beverages, and plant-supported proteins along with rising health awareness and consciousness among users, and elevating consumption and production of peanut-based products and peanuts are anticipated to boost development of the global market for drinkable peanut powder. In addition to this, growing penetration of online and retail distribution by main retailers and favorable food rules by regulatory bodies and government such as the EFSA in Europe and FDA in North America are anticipated to power the in general development of the global market. The rising consumer preferences and popularity for the online retail channel for buying products of drinkable peanut powder are anticipated to lead to noteworthy development. A detailed market taxonomy of the global drinkable peanut powder market leads to accurate understanding of this vast market. The report highlights key industry trends, opportunities and restraints that have a bearing on the drinkable peanut powder market. This gives the report audience a clear understanding regarding this vast market and helps them to make important business decisions.

Global Drinkable Peanut Powder Market: Segmentation

Based on the product type, the global market has been classified into insoluble (particle) and soluble (powder). Based on the application, the global drinkable peanut powder market has been divided into smoothies, shakes, and flavored beverages. Based on the distribution channel, the global market has been segregated into departmental stores, hypermarket & supermarket, and online retailing. Hypermarket & supermarket is a huge channel for trading of products for drinkable peanut powder. Online retail is one of the most important trading channels employed by different firms. Online retailers such as Drugstore.com, Amazon.com, Vitacost, and Walmart.com allow firms to expand the user base and improve product penetration.

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Global Drinkable Peanut Powder Market: Regional Analysis

Regionally, the global drinkable peanut powder market is categorized into Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa. The rise in the demand for products that have drinkable peanut powder in it has boosted the global market in North America, especially the U.S. and Canada. Increase in the number of job opportunities will boost the global drinkable peanut powder market in India and China in near future.

Global Drinkable Peanut Powder Market: Competitive Players

Major companies in the global market are Golden Peanut and Tree Nuts, The J.M. Smucker Company, Bell Research Companies, Santa Cruz, The Tru-Nut Company, Peanut Butter & Co., Protein Plus, LLC, Sukrin Ltd., Nutrinity, and BetterBody Foods.

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Global Drinkable Peanut Powder Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa