Market Overview:
The global no-fat peanut butter market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The creamy no-fat peanut butter segment is expected to dominate the market, in terms of value, during the forecast period. North America is estimated to be the largest regional market for no-fat peanut butter in 2018. Asia Pacific is projected to be the fastest growing regional market for no-fat peanut butter during the forecast period.
Product Definition:
No-fat peanut butter is a type of peanut butter that has had the fat removed. It is often used by people who are trying to lose weight or by people who are on a strict diet.
Creamy No-fat Peanut Butter:
Creamy no-fat peanut butter is a spreadable nut butter that contains peanuts, salt, and sugar. It has a smooth texture like regular peanut butter but without the fat. This product is gaining popularity among health conscious people who are trying to lose weight or maintain their ideal body weight as it contains protein and other essential nutrients which help in maintaining the right amount of nutrition in your diet.
Crunchy No-fat Peanut Butter:
Crunchy no-fat peanut butter is a spreadable nut butter that contains peanuts, salt, and sugar. It has a smooth texture and offers the taste of peanuts with out any bitter aftertaste. The product is available in different varieties such as chunky, creamy, crunchy etc., which also varies in price range depending upon its fat content.
Application Insights:
Offline retail accounted for the largest share of more than 70.0% in 2017. The product is widely used by the offline retailers as it is a healthy and convenient option for consumers who are looking to include peanuts in their diet along with other health benefits offered by them such as reduced risk of heart diseases, cholesterol and blood pressure reduction among others.
Online sale was the second-largest application segment in 2017 owing to increasing penetration of e-commerce platforms coupled with growing consumer preference towards online shopping due to various advantages including ease, convenience and flexibility over traditional brick-and-mortar stores such as availability of variety, wide product range at cheaper prices along with easy returns & refunds which has resulted in increased sales through this channel.
Regional Analysis:
North America dominated the global no-fat peanut butter market in 2017. The growing health awareness among consumers is one of the major reasons responsible for its large share. According to a survey conducted by The National Peanut Board, Inc., in 2015, more than 90% of Americans eat peanut butter on a regular basis and consider it an essential part of their diet. Furthermore, increasing consumption coupled with rising obesity problems has led to an increase in demand for natural nut butters that are free from added sugar and fat.
Asia Pacific is expected to be the fastest-growing regional market at a CAGR exceeding 5% from 2018 to 2030 owing to changing consumer lifestyle along with increasing disposable income levels especially in China and India will have a positive impact on industry growth over the forecast period.
Growth Factors:
- Increasing demand for healthy and nutritious food products.
- Growing awareness about the health benefits of consuming peanut butter.
- Rising disposable income of consumers in developing countries.
- Growing popularity of plant-based diets and veganism/vegetarianism lifestyle choices among consumers worldwide, which is driving demand for healthier alternatives to dairy-based products like peanut butter spreadable on breads, crackers, etc., without any guilt or compromise on taste buds! 5) Innovation in product offerings by manufacturers to cater to the changing needs and preferences of consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
No-fat Peanut Butter Market Research Report
By Type
Creamy No-fat Peanut Butter, Crunchy No-fat Peanut Butter
By Application
Online Sale, Offline Retail
By Companies
Kraft Canada, ConAgra Brands, J.M. Smucker Company, Del Monte Food, Hormel Foods Corporation, Unilever, Along with this Skippy, Great Value, PBfit, Once Again Nut Butter, Left Coast Performance, Better'n Peanut Butter, Smart Balance, Legendary Foods
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
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global No-fat Peanut Butter Market Report Segments:
The global No-fat Peanut Butter market is segmented on the basis of:
Types
Creamy No-fat Peanut Butter, Crunchy No-fat Peanut Butter
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
Online Sale, Offline Retail
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:
- Kraft Canada
- ConAgra Brands
- J.M. Smucker Company
- Del Monte Food
- Hormel Foods Corporation
- Unilever
- Along with this Skippy
- Great Value
- PBfit
- Once Again Nut Butter
- Left Coast Performance
- Better'n Peanut Butter
- Smart Balance
- Legendary Foods
Highlights of The No-fat Peanut Butter 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:
- Creamy No-fat Peanut Butter
- Crunchy No-fat Peanut Butter
- By Application:
- Online Sale
- Offline Retail
- 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 No-fat Peanut Butter 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
No-fat peanut butter is a type of peanut butter that does not contain any fat.
Some of the major players in the no-fat peanut butter market are Kraft Canada, ConAgra Brands, J.M. Smucker Company, Del Monte Food, Hormel Foods Corporation, Unilever, Along with this Skippy, Great Value, PBfit, Once Again Nut Butter, Left Coast Performance, Better'n Peanut Butter, Smart Balance, Legendary Foods.
The no-fat peanut butter market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 No-fat Peanut Butter 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 No-fat Peanut Butter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 No-fat Peanut Butter 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 No-fat Peanut Butter 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 No-fat Peanut Butter Market Size & Forecast, 2020-2028
4.5.1 No-fat Peanut Butter Market Size and Y-o-Y Growth
4.5.2 No-fat Peanut Butter 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 Creamy No-fat Peanut Butter
5.2.2 Crunchy No-fat Peanut Butter
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 Online Sale
6.2.2 Offline Retail
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global No-fat Peanut Butter 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 No-fat Peanut Butter 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 Creamy No-fat Peanut Butter
9.6.2 Crunchy No-fat Peanut Butter
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 Online Sale
9.10.2 Offline Retail
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 Creamy No-fat Peanut Butter
10.6.2 Crunchy No-fat Peanut Butter
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 Online Sale
10.10.2 Offline Retail
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 Creamy No-fat Peanut Butter
11.6.2 Crunchy No-fat Peanut Butter
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 Online Sale
11.10.2 Offline Retail
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 Creamy No-fat Peanut Butter
12.6.2 Crunchy No-fat Peanut Butter
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 Online Sale
12.10.2 Offline Retail
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 Creamy No-fat Peanut Butter
13.6.2 Crunchy No-fat Peanut Butter
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 Online Sale
13.10.2 Offline Retail
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 No-fat Peanut Butter Market: Competitive Dashboard
14.2 Global No-fat Peanut Butter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kraft Canada
14.3.2 ConAgra Brands
14.3.3 J.M. Smucker Company
14.3.4 Del Monte Food
14.3.5 Hormel Foods Corporation
14.3.6 Unilever
14.3.7 Along with this Skippy
14.3.8 Great Value
14.3.9 PBfit
14.3.10 Once Again Nut Butter
14.3.11 Left Coast Performance
14.3.12 Better'n Peanut Butter
14.3.13 Smart Balance
14.3.14 Legendary Foods
