India Peanut Butter Market Assessment, By Product Type [Creamy/Smooth, Crunchy/Chunky, Natural/Organic], By Packaging [Pet Containers, Glass Bottles/Jars], By Pack Size [100g - 350g, 351g - 1000g, More than 1000g], By End-Users [Households, Hotels/Restaurants/Cafes, Bakeries/Cake Shops, Others], By Distribution Channel [Online; Offline-Supermarkets/Hypermarkets, Convenience/Departmental Stores, Brand Kiosks, Others], By Region, Opportunities, and Forecast, FY2016-FY2030F

The Indian peanut butter market will grow much faster than the global peanut butter market which was valued at about USD 6.03 billion in 2022 and will grow at a CAGR of 5.83% during the forecast period.

Home>Industry Reports>Indian Peanut Butter Market Assessment, Opportunities and Forecast, 2016-2030F

The India Peanut Butter Market is expected to generate double digit CAGR of 11.21% during the forecast period between FY2023 and FY2030. The Indian peanut butter market will grow much faster than the global peanut butter market which was valued at about USD 6.03 billion in 2022 and will grow at a CAGR of 5.83% during the forecast period. This growth of Indian market will be driven by the changing taste preferences for dairy products among the Gen Z and Millennials class of consumers, increasing consumption of ‘on-the-go’ bakery products, rising levels of urbanisation and significant change in food consumption habits among the younger generation in India. Furthermore, growing health consciousness among the Indian population is also driving the peanut butter market's growth.

A staple commodity farmed all over the world, peanuts are commercially utilised to make oil, butter, flour, confections and snack foods. Among the most popular food spreads manufactured from these is peanut butter, which is created by dry-roasting and crushing peanuts. Peanut butter is energy-rich product and it also provide zinc, magnesium, potassium, and vitamin E, along with fibre, protein and unsaturated fats.

In India, the demand for peanut butter is being driven by the rising demand for high-protein food products and health consciousness among young and millennials. Consumers are more worried than ever about the health conditions like high blood pressure and heart chronic disease which in-turn is driving demand for healthy food such as peanut butter.

Production Process of Peanut Butter

The production process of Peanut Butter starts with peanuts being dry roasted then peeling of the nuts and removing the outer covers and then with the traditional method, grinding process is done. Mixing properly and then final step is the filling of the peanut butter into different jars and other packaging materials. 

Nutritional Benefits of Peanut Butter

Peanut butter is a food product with many nutritional benefits. It contains plenty of fibre, vitamins, minerals, protein and fat. The vitamin E content of peanut butter is essential for correcting vision and muscular alignment.  It also works as antioxidant, has the power to fight against joint inflammation and cancer. The market for peanut butter will grow as more consumers are preferring healthy and nutritional good.

Rise in ‘Food on the Go’ Consumption

Increase in expendable income and new food consumption trends such as having ‘Food on the Go’ is driving growth of peanut butter market. The younger generation in India is increasingly lacking cooking skills and due to higher level of digital literacy; makes them look for easily accessible, nutrient-dense dietary products available in the market. This has been linked to the rising "Food on the Go" trend and increase in consumption of Bakery and Fast Food products where often peanut butter is used.  

Government Norms

A FSSAI licence is required for the establishment of food processing unit. Additionally, MSME and GST registration, an IEC code for exporting finished goods, local government approval for shops and establishments, a fire and safety registration, and, if relevant, registration for ESI, PF and labour regulations will be necessary. Entrepreneurs need to get in touch with the state's Pollution Control Board, if necessary. 

Impact of COVID-19 on Indian Peanut Butter Market

The market for peanut butter in India had been adversely affected as the Indian government imposed one of the most strictest lockdown in mid-2020 to curb the spread of coronavirus. The lockdown led to supply chain disruption and temporary shutdown of food processing units due to which the peanut butter market experienced a modest decrease. However, in 2021 and 2022, the market posed a smart recovery and regained its share. Similar growth trend is anticipated to continue in the forthcoming years owing to various factors such as healthy living and a controlled diet in India.

Indian Peanut Butter Market Assessment, Opportunities and Forecast, 2016-2030F: Report Scope

"India Peanut Butter Market Assessment, Opportunities and Forecast, FY2016-FY2030F,” is a comprehensive report by Market Xcel, providing in-depth analysis and assessment of peanut butter market in India, industry dynamics and challenges. The report includes market size, segmental shares, growth trends, COVID-19 impact, opportunities and forecast between FY2023 and FY2030. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.

Report Attribute

Details

Base Year of the Analysis

FY2022

Historical Period

FY2016-FY2022

Forecast Period

FY2023-FY2030

Projected Growth Rate

CAGR of 11.21% between FY2023-FY2030

Units

Revenue in USD Million and Volume in Thousand Units

Segments Covered

o    By Product Type (Creamy/Smooth, Crunchy/Chunky, Natural/Organic)

o    By Packaging (Pet Containers/Glass Bottles/Jars)

o    By Pack Size (100g-350g,351g-1000g, more than 1000g)

o    By End-Users (Households, Hotels/Restaurants/cafes, Bakeries/Cake Shops)

o    By Distribution Channel (Online and Offline)

Regions Covered

East, West & Central, North and South

Key Companies Profiled

DAS FoodTech Pvt. Ltd. (Pintola), Houz of Nature Pvt. Ltd (The Whole Truth/OneGreen), Universal Corporation Ltd. (DiSano), Alpino Health Foods Private Limited, Sundrop Foods India Private Limited, Dr Oetker India Private Limited, Melting Pot Concepts Private Limited (AS-IT-IS Nutrition), The Butternut Co., Tanvi Fitness Private Limited (MYFITNESS), Ferrero India Pvt Ltd (Nutella)

Customization Scope

15% free report customization with purchase.

Pricing and Purchase Options

Avail the customized purchase options to fulfil your precise research needs.

Delivery Format

PDF and excel through email.

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In this report, India Peanut Butter Market has been segmented into following categories:

1.       India Peanut Butter Market, By Product Type

1.1.    Creamy/Smooth

1.2.    Crunchy/Chunky

1.3.    Natural/Organic

2.       India Peanut Butter Market, By Packaging

2.1.    Pet Containers

2.2.    Glass Bottles/Jars

3.       India Peanut Butter Market, By Pack Size

3.1.    100g - 350g

3.2.    351g - 1000g

3.3.    More than 1000g

4.       India Peanut Butter Market, By End-Users

4.1.    Households

4.2.    Hotels/Restaurants/Cafes

4.3.    Bakeries/Cake Shops

4.4.    Others

5.       India Peanut Butter Market, Distribution Channel

5.1.    Online

5.2.    Offline

5.2.1.Supermarkets/Hypermarkets

5.2.2.Convenience/Departmental Stores

5.2.3.Brand Kiosks

5.2.4.Others

6.       India Peanut Butter Market, By Region

6.1.    East

6.2.    West and Central

6.3.    North

6.4.    South

Key Players Competitive Landscape and Outlook

The market is characterised by the presence of a few significant small-to medium-sized local companies in addition to major players. The key players are expanding their presence in the market as the awareness and consumption for the product is increasing. The major organized sector players hope to grow their market share as end consumers are more accessible for them due to their strong distribution network across India.  

Alpino Health Foods are specialist in the peanut butter industry and has lately increased the variety of peanut butters and healthy spreads it offers.  AgroTech Foods Limited announced that it has started local production of "Sundrop Peanut Butter" at its new manufacturing facility in Gujarat.

Key Players operating in Indian Peanut Butter Market  

·         DAS FoodTech Pvt. Ltd. (Pintola)

·         Houz Of Nature Pvt. Ltd (The Whole Truth/OneGreen)

·         Universal Corporation Ltd. (DiSano)

·         Alpino Health Foods Private Limited

·         Sundrop Foods India Private Limited

·         Dr Oetker India Private Limited

·         Melting Pot Concepts Private Limited (AS-IT-IS Nutrition)

·         The Butternut Co.

·         Tanvi Fitness Private Limited (MYFITNESS)

·         Ferrero India Pvt Ltd (Nutella)

If you can't find what you're searching for or have any custom requirements for India Peanut Butter Market, you may approach our team at info@marketsandata.com

Table of Content

1.       Research Methodology

2.       Product Overview

3.       Impact of Covid-19 on India Peanut Butter Market

4.       Executive Summary

5.       Voice of Consumer

5.1.    Sources of Product Knowledge

5.2.    Factors Considered in Purchase Decision

5.2.1.Brand

5.2.2.Product Type

5.2.3.Taste

5.2.4.Price

5.2.5.Quantity

5.2.6.Quantity w.r.t Price

5.2.7.Packaging

5.2.8.Shelf Life

5.2.9.Health and Nutritional Benefits

5.3.    Brand Awareness and Loyalty

5.4.    Frequency of Purchase

5.5.    Channel of Purchase

5.6.    Views on Influencer Marketing

6.       India Peanut Butter Market Outlook FY2016-FY2030F

6.1.    Market Size and Forecast

6.1.1.By Value

6.1.2.By Volume

6.2.    Market Size and Forecast

6.2.1.By Product Type

6.2.1.1.              Creamy/Smooth

6.2.1.2.              Crunchy/Chunky

6.2.1.3.              Natural/Organic

6.2.2.By Packaging

6.2.2.1.              Pet Containers

6.2.2.2.              Glass Bottles/Jars

6.2.3.By Pack Size

6.2.3.1.              100g - 350g

6.2.3.2.              351g - 1000g

6.2.3.3.              More than 1000g

6.2.4.By End-Users

6.2.4.1.              Households

6.2.4.2.              Hotels/Restaurants/Cafes

6.2.4.3.              Bakeries/Cake Shops

6.2.4.4.              Others

6.2.5.Distribution Channel

6.2.5.1.              Online

6.2.5.2.              Offline

6.2.5.2.1.                    Supermarkets/Hypermarkets

6.2.5.2.2.                    Convenience/Departmental Stores

6.2.5.2.3.                    Brand Kiosks

6.2.5.2.4.                    Others

6.2.6.By Region

6.2.6.1.              East

6.2.6.2.              West and Central

6.2.6.3.              North

6.2.6.4.              South

6.2.7.By City (Custom Requirement)

6.2.7.1.              Delhi

6.2.7.2.              Mumbai

6.2.7.3.              Bengaluru

6.2.7.4.              Chandigarh

6.2.7.5.              Pune

7.       Pricing Analysis for Key Five Market Players

8.       India Peanut Butter Market Mapping, FY2022

8.1.    By Product Type

8.2.    By Packaging

8.3.    By Pack Size

8.4.    By End-Users

8.5.    By Distribution Channel

8.6.    By Region

9.       Macro-Business Environmental Scope

9.1.    Value Chain Analysis

9.2.    Supply Demand Analysis

9.3.    Import Export Analysis

9.4.    PESTEL Analysis

9.4.1.Political Factors

9.4.2.Economic Factors

9.4.3.Social Factors

9.4.4.Technology Factors

9.4.5.Environmental Factors

9.4.6.Legal Factors

9.5.    Porter’s Five Force Analysis

10.   Market Dynamics

10.1.                     Trends and Developments

10.2.                     Growth Drivers

10.3.                     Growth Inhibitors

11.   Case Studies (Best Practices Adopted by Major Players of Peanut Butter Market – Upto Three)

12.   Competitive Landscape

12.1.                     SWOT Analysis for Key Five Market Leaders

12.2.                     Competition Matrix of Top Five Market Leaders

12.3.                     Market Revenue Analysis of Top Five Market Leaders (in %, 2022)

12.4.                     Mergers & Acquisitions (If Applicable)

12.5.                     Patent Analysis (If Applicable)

13.   Company Profiles

13.1.                     DAS FoodTech Pvt. Ltd. (Pintola)

13.1.1.    Company Details

13.1.2.    Key Management Personnel

13.1.3.    Products & Services

13.1.4.    Financials (As Reported)

13.1.5.    Key Market Focus & Geographical Presence

13.1.6.    Recent Developments

13.2.                     Houz Of Nature Pvt. Ltd (The Whole Truth/OneGreen)

13.3.                     Universal Corporation Ltd. (DiSano)

13.4.                     Alpino Health Foods Private Limited

13.5.                     Sundrop Foods India Private Limited

13.6.                     Dr Oetker India Private Limited

13.7.                     Melting Pot Concepts Private Limited (AS-IT-IS Nutrition)

13.8.                     The Butternut Co.

13.9.                     Tanvi Fitness Private Limited (MYFITNESS)

13.10.                  Ferrero India Pvt Ltd (Nutella)

*Companies mentioned above DO NOT hold any order as per market share and can be changed as per the information available during research work

14.   Strategic Recommendations

15.   About Us & Disclaimer

Lift of Figures

Figure 1. India Peanut Butter Market, By Value, In USD Million, FY2016 - 2030F

Figure 2. India Peanut Butter Market, By Volume, In Thousand Units, FY2016 - 2030F

Figure 3. India Peanut Butter Market Share, By Product Type, In USD Million, FY2016 - 2030F

Figure 4. India Peanut Butter Market Share, By Product Type, In Thousand Units, FY2016 - 2030F

Figure 5. India Peanut Butter Market Share, By Packaging Type, In USD Million, FY2016 - 2030F

Figure 6. India Peanut Butter Market Share, By Packaging Type, In Thousand Units, FY2016 - 2030F

Figure 7. India Peanut Butter Market Share, By Pack Size, In USD Million, FY2016 - 2030F

Figure 8. India Peanut Butter Market Share, By Pack Size, In Thousand Units, FY2016 - 2030F

Figure 9. India Peanut Butter Market Share, By End User, In USD Million, FY2016 - 2030F

Figure 10. India Peanut Butter Market Share, By End User, In Thousand Units, FY2016 - 2030F

Figure 11. India Peanut Butter Market Share, By Distribution Channel, In USD Million, FY2016 - 2030F

Figure 12. India Peanut Butter Market Share, By Distribution Channel, In Thousand Units, FY2016 - 2030F

Figure 13. India Peanut Butter Market Share, By Region, In USD Million, FY2016 - 2030F

Figure 14. India Peanut Butter Market Share, By Region, In Thousand Units, FY2016 - 2030F

Figure 15. By Product Type Map-Market Size (USD Million) & Growth Rate (%), FY2022

Figure 16. By Packaging Type Map-Market Size (USD Million) & Growth Rate (%), FY2022

Figure 17. By Pack Size Map-Market Size (USD Million) & Growth Rate (%), FY2022

Figure 18. By End User Map-Market Size (USD Million) & Growth Rate (%), FY2022

Figure 19. By Distribution Channel Map-Market Size (USD Million) & Growth Rate (%), FY2022

Figure 20. By Region Map-Market Size (USD Million) & Growth Rate (%), FY2022

 

List of Table_India Peanut Butter Market

 Table 1. Pricing Analysis of Products from Key Players

 Table 2. Competition Matrix of Top 5 Market Leaders

 Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)

 Table 4. About Us - Regions and Countries Where We Have Executed Client Projects

What is the growth rate of India Peanut Butter Market?

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