Drinkable Peanut Powder Market Size, Share, Trends, and Forecast 2032

According to the report published by Zion Market Research, the global Drinkable Peanut Powder Market size was valued at USD 486.97 Million in 2023 and is predicted to reach USD 802.01 Million by the end of 2032. The market is expected to grow with a CAGR of 5.70% during the forecast period. The report analyzes the global Drinkable Peanut Powder Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the rising opportunities in the Drinkable Peanut Powder Market industry.

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Global Drinkable Peanut Powder Market: Overview

Drinkable peanut powder is an item that is made by squashing roasted peanuts, 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 attributed 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 detailed view of the drinkable peanut powder market and analyses the detailed type portfolio and strategic developments of key vendors. The report also includes the competitive landscape, and applications & of the drinkable peanut powder market. The study covers market attractiveness analysis, in which type segments are specialized based on the market size, growth rate, and attractiveness.

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 the 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 governments such as the EFSA in Europe and FDA in North America are anticipated to power the general development of the global market.

The rising consumer preferences and popularity of 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 an 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 of this vast market and helps them to make important business decisions.

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Global Drinkable Peanut Powder Market: Segmentation

The global Drinkable Peanut Powder Market is fragmented into its application, product type and the distribution channel.

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, hypermarkets & supermarkets and online retailing. Hypermarkets & supermarkets a huge channels for trading 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 their user base and improve product penetration.

Drinkable Peanut Powder Market: Report Scope

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 them has boosted the global market in North America, especially the U.S. and Canada. An increase in the number of job opportunities will boost the global drinkable peanut powder market in India and China shortly.

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.
• Neutrality
• BetterBody Foods.

The Global Drinkable Peanut Powder Market is segmented as follows:

BY Product Type

• insoluble (particle)
• soluble (powder)

By Application

• smoothies
• shakes
• flavored beverages

By Distribution Channel

• departmental stores
• hypermarkets & supermarkets
• online retailing

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

What Reports Provide

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, ongoing, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies to fortify their foothold in the market.