United States Penaut Ingredients Market was valued at USD 0.9 Billion in 2022 and is projected to reach USD 1.5 Billion by 2030, growing at a CAGR of 7.3% from 2024 to 2030.
The US Peanut Ingredients Market: Growing Demand and Industrial Requirements
The US peanut ingredients market has been experiencing significant growth due to an increasing demand for healthy, plant-based, and protein-rich food options. As consumers become more conscious about their dietary choices, peanuts have emerged as a key ingredient in various sectors, ranging from snacks and confectionery to sauces and plant-based alternatives. This article delves into the types of peanut ingredients that are in demand and the specific requirements from industries that are driving the market’s growth.
The peanut ingredients market in the US is predominantly characterized by peanuts being processed into various forms like roasted peanuts, peanut butter, peanut flour, and peanut oil. These ingredients are used in a wide range of applications, including bakery products, dairy alternatives, and even in pet foods. For instance, peanut butter is an essential component in the snack industry, particularly for energy bars, cookies, and other convenience foods. Meanwhile, peanut flour is increasingly favored in gluten-free products, contributing to its rise in popularity across the food manufacturing sector.
The health-conscious consumer is a key driver of the market. Peanuts are naturally rich in protein, fiber, and healthy fats, making them an attractive option for companies looking to meet the growing demand for plant-based ingredients. In fact, recent studies suggest that peanuts are becoming an integral part of the diet of millions of Americans seeking sustainable and nutritionally dense alternatives to traditional protein sources like meat and dairy.
Industries are particularly seeking peanut ingredients that meet specific standards of quality and consistency. Manufacturers require peanuts that are not only nutritionally rich but also free from contaminants, such as aflatoxins, which can impact product safety. With the rise of the vegan and gluten-free movements, companies are also looking for peanut-based ingredients that can serve as functional substitutes for animal-derived products, such as dairy-free peanut butter or peanut-based protein powder.
With innovation continuing in the peanut ingredients sector, the demand for specialized products—like organic peanuts and sustainably sourced ingredients—has also seen a rise. As the US peanut ingredients market continues to evolve, industry players must adapt to these changing demands and provide high-quality, sustainable solutions that align with consumer preferences and regulatory requirements.
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ADM
Olam
Kanegrade
Bredabest
Barry Callebaut Schweiz
Intersnack
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Penaut Ingredients Market
Peanut Butter
Peanut Flour
Roasted Peanuts
Peanut Oil
Peanut Protein
Peanut Granules
Organic Peanut Ingredients
Conventional Peanut Ingredients
Food and Beverage
Cosmetics and Personal Care
Pharmaceuticals
Animal Feed
Online Retail
Supermarkets/Hypermarkets
Specialty Stores
Convenience Stores
Wholesale Distributors
Food Manufacturers
Confectioners
Beverage Producers
Health and Wellness Brands
Cosmetic Manufacturers
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Penaut Ingredients Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Penaut Ingredients Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Penaut Ingredients Market, By Type
6. US Penaut Ingredients Market, By Application
7. US Penaut Ingredients Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Penaut Ingredients Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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