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Northern America - Peanut Butter And Prepared Or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends And Insights
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Northern America: Peanut Butter Market Overview 2021

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Peanut Butter Market Size in Northern America

For the third year in a row, the North American peanut butter market recorded growth in sales value, which increased by X% to $X in 2019. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2012 when the market value increased by X% y-o-y. Over the period under review, the market reached the peak level in 2019 and is likely to continue growth in the near future.

Peanut Butter Production in Northern America

In value terms, peanut butter production rose modestly to $X in 2019 estimated in export prices. The total production indicated a noticeable increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. Over the period under review, production hit record highs at $X in 2013; afterwards, it flattened through to 2019.

Production By Country in Northern America

The U.S. (X tonnes) constituted the country with the largest volume of peanut butter production, comprising approx. X% of total volume. Moreover, peanut butter production in the U.S. exceeded the figures recorded by the second-largest producer, Canada (X tonnes), more than tenfold.

In the U.S., peanut butter production expanded at an average annual rate of +X% over the period from 2007-2019.

Peanut Butter Exports

Exports in Northern America

For the third year in a row, Northern America recorded decline in overseas shipments of peanut butter and prepared or preserved groundnuts, which decreased by -X% to X tonnes in 2019. Total exports indicated noticeable growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. As a result, exports reached the peak of X tonnes. From 2014 to 2019, the growth exports failed to regain the momentum.

In value terms, peanut butter exports fell to $X in 2019. Over the period under review, exports, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2012 when exports increased by X% year-to-year. The level of export peaked at $X in 2013; however, from 2014 to 2019, exports failed to regain the momentum.

Exports by Country

In 2019, the U.S. (X tonnes) was the major exporter of peanut butter and prepared or preserved groundnuts, generating X% of total exports. It was distantly followed by Canada (X tonnes), achieving a X% share of total exports.

The U.S. was also the fastest-growing in terms of the peanut butter and prepared or preserved groundnuts exports, with a CAGR of +X% from 2007 to 2019. At the same time, Canada (+X%) displayed positive paces of growth. While the share of the U.S. (+X p.p.) increased significantly in terms of the total exports from 2007-2019, the share of Canada (-X p.p.) displayed negative dynamics.

In value terms, the U.S. ($X) remains the largest peanut butter supplier in Northern America, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value in the U.S. totaled +X%.

Export Prices by Country

In 2019, the peanut butter export price in Northern America amounted to $X per tonne, rising by X% against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2012 an increase of X% year-to-year. As a result, export price attained the peak level of $X per tonne. From 2013 to 2019, the growth in terms of the export prices failed to regain the momentum.

Average prices varied somewhat amongst the major exporting countries. In 2019, the country with the highest price was Canada ($X per tonne), while the U.S. totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Canada.

Peanut Butter Imports

Imports in Northern America

In 2019, approx. X tonnes of peanut butter and prepared or preserved groundnuts were imported in Northern America; declining by -X% against the previous year. Total imports indicated pronounced growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2012 when imports increased by X% year-to-year. The volume of import peaked at X tonnes in 2018, and then fell in the following year.

In value terms, peanut butter imports contracted to $X in 2019. In general, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. As a result, imports reached the peak of $X. From 2013 to 2019, the growth imports remained at a lower figure.

Imports by Country

The purchases of the two major importers of peanut butter and prepared or preserved groundnuts, namely the U.S. and Canada, represented more than two-thirds of total import.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Canada.

In value terms, the largest peanut butter importing markets in Northern America were the U.S. ($X) and Canada ($X), together comprising X% of total imports.

In terms of the main importing countries, Canada saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2019, the peanut butter import price in Northern America amounted to $X per tonne, picking up by X% against the previous year. Import price indicated a measured increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, peanut butter import price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. The level of import peaked at $X per tonne in 2013; however, from 2014 to 2019, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2019, the country with the highest price was the U.S. ($X per tonne), while Canada stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S..

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for peanut butter and prepared or preserved groundnuts in Northern America?
+
The U.S. (374K tonnes) remains the largest peanut butter consuming country in Northern America, comprising approx. 88% of total volume. Moreover, peanut butter consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Canada (50K tonnes), sevenfold.
What are the largest producers of peanut butter and prepared or preserved groundnuts in Northern America?
+
The country with the largest volume of peanut butter production was the U.S. (408K tonnes), accounting for 92% of total volume. Moreover, peanut butter production in the U.S. exceeded the figures recorded by the second-largest producer, Canada (38K tonnes), more than tenfold.
What are the leading suppliers of peanut butter and prepared or preserved groundnuts in Northern America?
+
In value terms, the U.S. ($209M) remains the largest peanut butter supplier in Northern America, comprising 74% of total exports. The second position in the ranking was occupied by Canada ($74M), with a 26% share of total exports.
What are the leading importers of peanut butter and prepared or preserved groundnuts in Northern America?
+
In value terms, the U.S. ($134M) and Canada ($81M) constituted the countries with the highest levels of imports in 2019, together comprising 100% of total imports.
What is the average export price for peanut butter and prepared or preserved groundnuts in Northern America?
+
The peanut butter export price in Northern America stood at $2,792 per tonne in 2019, with an increase of 6% against the previous year.
What is the average import price for peanut butter and prepared or preserved groundnuts in Northern America?
+
In 2019, the peanut butter import price in Northern America amounted to $2,690 per tonne, with an increase of 3.7% against the previous year.

Product coverage:
• Prodcom 10392330 - Prepared or preserved groundnuts (including peanut butter, e xcluding by vinegar or acetic acid, frozen, purees and pastes)

This report provides an in-depth analysis of the peanut butter market in Northern America. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Bermuda
• Greenland
• Saint Pierre and Miquelon

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Northern America, split by region and country
• Trade (exports and imports) in Northern America
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Bermuda
• Canada
• Greenland
• Saint Pierre and Miquelon
• USA
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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