Peanut Butter Market

Peanut butter market: download recently published statistics provided by an Ai-driven BI tool. Statistics contain market size, imports, production, trade, exports, companies, market prices, and consumption. Here is a split by region, including EU, Russia, the U.S., Latin America, China, the U.K., the Middle East, and Africa. Market trends and outlook to 2030 are also featured in the reports.


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Peanut Butter - World's Largest Markets

RatingCountry
1China
2United States
3Japan
4India
5Germany

In value terms, the largest peanut butter markets worldwide were China, the United States and Japan, with a combined 28% share of the global market.

In terms of the main consuming countries, the United States recorded the highest rates of growth with regard to market size, over the period under review, while peanut butter market for the other global leaders experienced more modest paces of growth.

Peanut Butter Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
Argentina171416911661-1.6%
India1547170317606.7%
Italy301628881951-19.6%
China1904188621245.6%
Belgium237421452356-0.4%
Poland257225332565-0.1%
Netherlands2772270028611.6%
United States2477262928787.8%
Mexico2428254629119.5%
Germany3067302931972.1%
United Kingdom373931493325-5.7%
Canada3358339934932.0%
Average2312230924783.5%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Canada ($3,493 per tonne), while Argentina ($1,661 per tonne) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
Saudi Arabia327529633128-2.3%
Sweden2936289130141.3%
Netherlands14801520296541.5%
Germany21112638287616.7%
Japan2374228724972.6%
United Kingdom280823502305-9.4%
Canada250123612297-4.2%
France236024652220-3.0%
New Zealand1993195921082.8%
Mexico250623652094-8.6%
South Korea1856185420424.9%
United States264929341903-15.2%
Average2207229225046.5%

Prices varied noticeably by the country of destination; the country with the highest price was Saudi Arabia ($3,128 per tonne), while the United States ($1,903 per tonne) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Peanut Butter - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
Japan0.10.10.11.5%
France0.10.10.11.3%
United States0.20.10.1-8.5%
Germany0.10.10.1-4.4%
Canada0.090.080.08-4.5%

In value terms, the largest peanut butter importing markets worldwide were Japan ($133M), France ($132M) and the United States ($127M), together accounting for 22% of global imports. Germany, Canada, the UK, South Korea, Saudi Arabia, the Netherlands, Sweden, Mexico and New Zealand lagged somewhat behind, together accounting for a further 30%.

In terms of the main importing countries, New Zealand saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Peanut Butter - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
China0.70.60.6-6.6%
Netherlands0.30.30.36.1%
United States0.20.20.2-9.9%
India0.040.060.0846.3%
Germany0.090.080.08-4.0%

In value terms, China ($568M), the Netherlands ($294M) and the United States ($193M) were the countries with the highest levels of exports in 2020, with a combined 55% share of global exports. These countries were followed by India, Germany, Canada, Poland, Argentina, the UK, Mexico, Belgium and Italy, which together accounted for a further 29%.

Among the main exporting countries, Italy (+55.8% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Peanut Butter - Market Forecast

Driven by rising demand for peanut butter worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Peanut Butter - Product Coverage

  • HS 200811 - Nuts; ground-nuts, whether or not containing added sugar, other sweetening matter or spirit
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Blog
Event
World - Peanut Butter and Prepared or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global peanut butter market.

Africa - Peanut Butter and Prepared or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the peanut butter market in Africa.

Middle East - Peanut Butter and Prepared or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the peanut butter market in the Middle East.

South-Eastern Asia - Peanut Butter and Prepared or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the peanut butter market in South-Eastern Asia.

Australia and Oceania - Peanut Butter and Prepared or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the peanut butter market in Australia and Oceania.

Latin America and the Caribbean - Peanut Butter and Prepared or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the peanut butter market in Latin America and the Caribbean.

Eastern Asia - Peanut Butter and Prepared or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the peanut butter market in Eastern Asia.

Central Asia - Peanut Butter and Prepared or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the peanut butter market in Central Asia.

Southern Asia - Peanut Butter and Prepared or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the peanut butter market in Southern Asia.

Northern America - Peanut Butter and Prepared or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the peanut butter market in Northern America.

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