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The peanut butter market size is forecast to increase by USD 1.31 billion at a CAGR of 6% between 2023 and 2028. Peanut butter, a popular sandwich spread, continues to be a preferred choice for health-conscious consumers due to its nutritional benefits. With increasing awareness about obesity and chronic diseases, there is a growing demand for low-calorie, high-protein food options. Peanut butter, rich in healthy fats, fiber, and essential vitamins and minerals, fits perfectly into this category. However, the market faces challenges due to potential allergic reactions to peanuts. To cater to diverse consumer preferences, nutrient spreads made from alternative nuts and seeds are gaining traction. As it remains a staple in American households, its market growth is expected to remain steady, driven by its versatility as an ingredient in various snacks and dishes.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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