Market Overview:
The global loose-fill peanut market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for loose-fill peanuts in various end-use industries, such as automotive, food and beverage, electrical and electronics, and others. Polystyrene loose-fill peanuts are witnessing high demand due to their properties such as lightweight and thermal insulation. In terms of region, North America is expected to lead the global loose-fill peanut market during the forecast period owing to the presence of major players in this region coupled with rising demand from various end-use industries.
Product Definition:
A type of insulation made from shredded or chopped-up pieces of natural fiber, such as fiberglass, cellulose, or mineral wool. Loose-fill peanut insulation is placed in attics and walls to prevent heat loss in winter and keep homes cool during the summer.
Polystyrene Loose-fill Peanut:
It is a type of polystyrene that has been engineered to have similar properties as natural peanuts. It can be used in place of raw peanuts in most applications where peanut butter is used. Polystyrene loose-fill peanut has the ability to replace a significant amount of the total quantity of oil and fat present in regular peanuts, making it an ideal substitute for people with allergies or heart disease risks associated with consuming peanut butter.
Starch-based Loose-fill Peanut:
Starch-based loose-fill peanut is a type of plastic which is made from starch and amylose. It has the ability to retain its shape after being heated, unlike polydextrose or other synthetic polymers. Starch-based loose-fill peanut can be used as an alternative to PE for manufacturing various products such as candy & confectionery, food packaging films, flexible packaging films (sack liners), toys & games and others.
Application Insights:
Automotive industry was the largest application segment in 2016, accounting for over 30.0% share of the global volume. The product is widely used in automotive industry owing to its properties such as high thermal stability and electrical insulation, which enhance heat management and reliability of electronic components respectively.
The food & beverage industry is expected to emerge as the fastest-growing application segment with a CAGR of XX% from 2017 to 2030 on account of rising demand for loose-fill peanut products in packaging applications including bakery and confectionery items where hygiene plays an important role. In addition, increasing consumption of ready-to-eat packaged foods along with a growing population are expected to drive growth over the forecast period significantly contributing towards market growth during this period.
Electrical & electronics industry accounted for 9th position globally by revenue share in 2016 owing Peanut Butter Packaging Materials Market Size, Share & Trends Analysis Report By Product (PBMaterials Inc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for nearly 60% of the total global consumption of peanut butter. China, India, Japan, South Korea and Taiwan are key markets in this region. Increasing per capita income levels coupled with rising living standards have triggered consumer spending on luxury goods such as cars and home appliances among others. This has resulted into high demand for loose-fill peanuts across various applications including automotive industry, electrical & electronics industry etc., thereby driving growth across various regions globally including North America and Europe as well.
Growth Factors:
- Increasing demand for healthy snacks: The global loose-fill peanut market is expected to benefit from the increasing demand for healthy snacks. This is because peanuts are a good source of protein, fiber, and antioxidants.
- Rising disposable income: A key growth driver for the global loose-fill peanut market is rising disposable income, which is enabling consumers to purchase premium products such as loose-fill peanuts.
- Growing popularity of snacking: The growing popularity of snacking is also benefiting the global loose-fill peanut market as consumers are increasingly turning to snacks as an easy and convenient way to satisfy their hunger between meals.
- Proliferation of retail outlets: Another key growth driver for the global loose-fill peanut market is the proliferation of retail outlets, which is providing consumers with greater access to these products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Loose-fill Peanut Market Research Report
By Type
Polystyrene Loose-fill Peanut, Starch-based Loose-fill Peanut
By Application
Automotive Industry, Food and Beverage Industry, Electrical and Electronics Industry, Others
By Companies
Smurfit Kappa Group, Sealed Air, Storopack, Free-Flow Packaging, Nefab Group, President Container, Puffy Stuff, AP Packaging
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
123
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Loose-fill Peanut Market Report Segments:
The global Loose-fill Peanut market is segmented on the basis of:
Types
Polystyrene Loose-fill Peanut, Starch-based Loose-fill Peanut
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive Industry, Food and Beverage Industry, Electrical and Electronics Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Smurfit Kappa Group
- Sealed Air
- Storopack
- Free-Flow Packaging
- Nefab Group
- President Container
- Puffy Stuff
- AP Packaging
Highlights of The Loose-fill Peanut Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polystyrene Loose-fill Peanut
- Starch-based Loose-fill Peanut
- By Application:
- Automotive Industry
- Food and Beverage Industry
- Electrical and Electronics Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Loose-fill Peanut Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Loose-fill peanut is a type of peanut that has been filled with air, which makes it lighter and easier to handle.
Some of the major companies in the loose-fill peanut market are Smurfit Kappa Group, Sealed Air, Storopack, Free-Flow Packaging, Nefab Group, President Container, Puffy Stuff, AP Packaging.
The loose-fill peanut market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Loose-fill Peanut Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Loose-fill Peanut Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Loose-fill Peanut Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Loose-fill Peanut Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Loose-fill Peanut Market Size & Forecast, 2020-2028 4.5.1 Loose-fill Peanut Market Size and Y-o-Y Growth 4.5.2 Loose-fill Peanut Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Polystyrene Loose-fill Peanut
5.2.2 Starch-based Loose-fill Peanut
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Automotive Industry
6.2.2 Food and Beverage Industry
6.2.3 Electrical and Electronics Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Loose-fill Peanut Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Loose-fill Peanut Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Polystyrene Loose-fill Peanut
9.6.2 Starch-based Loose-fill Peanut
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Automotive Industry
9.10.2 Food and Beverage Industry
9.10.3 Electrical and Electronics Industry
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Polystyrene Loose-fill Peanut
10.6.2 Starch-based Loose-fill Peanut
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Automotive Industry
10.10.2 Food and Beverage Industry
10.10.3 Electrical and Electronics Industry
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Polystyrene Loose-fill Peanut
11.6.2 Starch-based Loose-fill Peanut
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Automotive Industry
11.10.2 Food and Beverage Industry
11.10.3 Electrical and Electronics Industry
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Polystyrene Loose-fill Peanut
12.6.2 Starch-based Loose-fill Peanut
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Automotive Industry
12.10.2 Food and Beverage Industry
12.10.3 Electrical and Electronics Industry
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Polystyrene Loose-fill Peanut
13.6.2 Starch-based Loose-fill Peanut
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Automotive Industry
13.10.2 Food and Beverage Industry
13.10.3 Electrical and Electronics Industry
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Loose-fill Peanut Market: Competitive Dashboard
14.2 Global Loose-fill Peanut Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Smurfit Kappa Group
14.3.2 Sealed Air
14.3.3 Storopack
14.3.4 Free-Flow Packaging
14.3.5 Nefab Group
14.3.6 President Container
14.3.7 Puffy Stuff
14.3.8 AP Packaging