Europe Peanut Butter Market Size, Share & Trends Analysis Report By Type (Crunchy, Creamy, and Other), By Distribution Channel (Offline, and Online), By Country and Growth Forecast, 2024

Description

List of Tables

The Europe Peanut Butter Market would witness market growth of 6.5% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 1734.6 hundred Tonnes, showcasing a growth of 2.3% (2020-2023).

Crunchy peanut butter appeals to individuals seeking a satisfyingly textured spread with discernible nutty pieces. This variant typically contains whole or coarsely ground peanuts, providing a delightful crunchiness that contrasts with the smoothness of traditional creamy peanut butter. Crunchy peanut butter's popularity stems from its versatility, as it can be used in various culinary applications, including sandwiches, baking, and as a topping for fruits or crackers. Therefore, the UK market consumed 180.05 hundred Tonnes of crunchy peanut butter in 2023.

The Germany market dominated the Europe Peanut Butter Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $648.2 Million by 2031. The UK market is exhibiting a CAGR of 6.3% during (2024 - 2031). Additionally, The France market would experience a CAGR of 7% during (2024 - 2031).

Flavor innovation is driving the introduction of exciting new flavor infusions and combinations in the peanut butter market. Likewise, peanut butter brands are enhancing the nutritional profile of their products by incorporating additional nutrient boosts such as protein powders, superfood blends, and functional ingredients like chia seeds, flaxseeds, and hemp hearts. These nutrient-enhanced peanut butter varieties offer health benefits and appeal to consumers seeking functional food options.

Moreover, in response to growing food allergies and sensitivities, peanut butter companies are creating allergen-friendly varieties to satisfy customers' dietary requirements. Brands are introducing peanut butter alternatives made from alternative nuts and seeds such as almonds, cashews, sunflower seeds, and pumpkin seeds, offering allergen-friendly alternatives for individuals with peanut allergies or intolerances.

The growing popularity of health and wellness in the UK has contributed significantly to the rise in peanut butter demand. As consumers in the UK become more health-conscious and seek out nutritious and wholesome food options, peanut butter has emerged as a popular choice due to its nutritional profile, versatility, and taste. Thus, the growing food service sector and health & wellness trends in Europe will assist in the expansion of the regional peanut butter market.

Based on Type, the market is segmented into Crunchy, Creamy, and Other. Based on Distribution Channel, the market is segmented into Offline, and Online. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

The Procter & Gamble Company
Unilever PLC
Hormel Foods Corporation (MegaMex Foods, LLC)
The Kraft Heinz Company
Associated British Foods PLC (Wittington Investments Limited)
The Hershey Company
Mars, Inc.
Dr. August Oetker KG
The J.M Smucker Company
Algood Food Company (Bowman Andros Products, LLC)

Europe Peanut Butter Market Report Segmentation

By Type (Volume, Hundred Tonnes, USD Billion, 2020-2031)

Crunchy
Creamy
Other

By Distribution Channel (Volume, Hundred Tonnes, USD Billion, 2020-2031)

Offline
Online

By Country (Volume, Hundred Tonnes, USD Billion, 2020-2031)

Germany
UK
France
Russia
Spain
Italy
Rest of Europe

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1Europe Peanut Butter Market, by Type
- 1.4.2Europe Peanut Butter Market, by Distribution Channel
- 1.4.3Europe Peanut Butter Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
3.3Porter's Five Forces Analysis

Chapter 4.Recent Strategies Deployed in Peanut Butter Market

Chapter 5.Europe Peanut Butter Market by Type

5.1Europe Crunchy Market by Country
5.2Europe Creamy Market by Country
5.3Europe Other Market by Country

Chapter 6.Europe Peanut Butter Market by Distribution Channel

6.1Europe Offline Market by Country
6.2Europe Online Market by Country

Chapter 7.Europe Peanut Butter Market by Country

7.1Germany Peanut Butter Market
- 7.1.1Germany Peanut Butter Market by Type
- 7.1.2Germany Peanut Butter Market by Distribution Channel
7.2UK Peanut Butter Market
- 7.2.1UK Peanut Butter Market by Type
- 7.2.2UK Peanut Butter Market by Distribution Channel
7.3France Peanut Butter Market
- 7.3.1France Peanut Butter Market by Type
- 7.3.2France Peanut Butter Market by Distribution Channel
7.4Russia Peanut Butter Market
- 7.4.1Russia Peanut Butter Market by Type
- 7.4.2Russia Peanut Butter Market by Distribution Channel
7.5Spain Peanut Butter Market
- 7.5.1Spain Peanut Butter Market by Type
- 7.5.2Spain Peanut Butter Market by Distribution Channel
7.6Italy Peanut Butter Market
- 7.6.1Italy Peanut Butter Market by Type
- 7.6.2Italy Peanut Butter Market by Distribution Channel
7.7Rest of Europe Peanut Butter Market
- 7.7.1Rest of Europe Peanut Butter Market by Type
- 7.7.2Rest of Europe Peanut Butter Market by Distribution Channel

Chapter 8.Company Profiles

8.1The Procter & Gamble Company
- 8.1.1Company Overview
- 8.1.2Financial Analysis
- 8.1.3Segmental and Regional Analysis
- 8.1.4Research & Development Expense
- 8.1.5SWOT Analysis
8.2Unilever PLC
- 8.2.1Company Overview
- 8.2.2Financial Analysis
- 8.2.3Segmental and Regional Analysis
- 8.2.4Research & Development Expense
- 8.2.5Recent strategies and developments:
  - 8.2.5.1Product Launches and Product Expansions:
- 8.2.6SWOT Analysis
8.3Hormel Foods Corporation (MegaMex Foods, LLC)
- 8.3.1Company Overview
- 8.3.2Financial Analysis
- 8.3.3Segmental and Regional Analysis
- 8.3.4Research & Development Expenses
- 8.3.5Recent strategies and developments:
  - 8.3.5.1Partnerships, Collaborations, and Agreements:
  - 8.3.5.2Acquisition and Mergers:
- 8.3.6SWOT Analysis
8.4The Kraft Heinz Company
- 8.4.1Company Overview
- 8.4.2Financial Analysis
- 8.4.3Regional Analysis
- 8.4.4Research & Development Expense
- 8.4.5SWOT Analysis
8.5Associated British Foods PLC (Wittington Investments Limited)
- 8.5.1Company Overview
- 8.5.2Financial Analysis
- 8.5.3Segmental and Regional Analysis
- 8.5.4Research & Development Expense
- 8.5.5SWOT Analysis
8.6The Hershey Company
- 8.6.1Company overview
- 8.6.2Financial Analysis
- 8.6.3Segmental and Regional Analysis
- 8.6.4Recent strategies and developments:
  - 8.6.4.1Partnerships, Collaborations, and Agreements:
  - 8.6.4.2Product Launches and Product Expansions:
  - 8.6.4.3Acquisition and Mergers:
  - 8.6.4.4Geographical Expansions:
- 8.6.5SWOT Analysis
8.7Mars, Inc.
- 8.7.1Company Overview
- 8.7.2Recent strategies and developments:
  - 8.7.2.1Product Launches and Product Expansions:
- 8.7.3SWOT Analysis
8.8Dr. August Oetker KG
- 8.8.1Company Overview
- 8.8.2Financial Analysis
- 8.8.3Segmental and Regional Analysis
- 8.8.4SWOT Analysis
8.9The J.M Smucker Company
- 8.9.1Company Overview
- 8.9.2Financial Analysis
- 8.9.3Segmental and Regional Analysis
- 8.9.4Research & Development Expenses
- 8.9.5Recent strategies and developments:
  - 8.9.5.1Product Launches and Product Expansions:
  - 8.9.5.2Acquisition and Mergers:
- 8.9.6SWOT Analysis
8.10.Algood Food Company (Bowman Andros Products, LLC)
- 8.10.1Company Overview
- 8.10.2SWOT Analysis

LIST OF TABLES

TABLE 1Europe Peanut Butter Market, 2020 - 2023, USD Million
TABLE 2Europe Peanut Butter Market, 2024 - 2031, USD Million
TABLE 3Europe Peanut Butter Market, 2020 - 2023, Hundred Tonnes
TABLE 4Europe Peanut Butter Market, 2024 - 2031, Hundred Tonnes
TABLE 5Europe Peanut Butter Market by Type, 2020 - 2023, USD Million
TABLE 6Europe Peanut Butter Market by Type, 2024 - 2031, USD Million
TABLE 7Europe Peanut Butter Market by Type, 2020 - 2023, Hundred Tonnes
TABLE 8Europe Peanut Butter Market by Type, 2024 - 2031, Hundred Tonnes
TABLE 9Europe Crunchy Market by Country, 2020 - 2023, USD Million
TABLE 10Europe Crunchy Market by Country, 2024 - 2031, USD Million
TABLE 11Europe Crunchy Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 12Europe Crunchy Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 13Europe Creamy Market by Country, 2020 - 2023, USD Million
TABLE 14Europe Creamy Market by Country, 2024 - 2031, USD Million
TABLE 15Europe Creamy Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 16Europe Creamy Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 17Europe Other Market by Country, 2020 - 2023, USD Million
TABLE 18Europe Other Market by Country, 2024 - 2031, USD Million
TABLE 19Europe Other Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 20Europe Other Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 21Europe Peanut Butter Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 22Europe Peanut Butter Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 23Europe Peanut Butter Market by Distribution Channel, 2020 - 2023, Hundred Tonnes
TABLE 24Europe Peanut Butter Market by Distribution Channel, 2024 - 2031, Hundred Tonnes
TABLE 25Europe Offline Market by Country, 2020 - 2023, USD Million
TABLE 26Europe Offline Market by Country, 2024 - 2031, USD Million
TABLE 27Europe Offline Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 28Europe Offline Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 29Europe Online Market by Country, 2020 - 2023, USD Million
TABLE 30Europe Online Market by Country, 2024 - 2031, USD Million
TABLE 31Europe Online Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 32Europe Online Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 33Europe Peanut Butter Market by Country, 2020 - 2023, USD Million
TABLE 34Europe Peanut Butter Market by Country, 2024 - 2031, USD Million
TABLE 35Europe Peanut Butter Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 36Europe Peanut Butter Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 37Germany Peanut Butter Market, 2020 - 2023, USD Million
TABLE 38Germany Peanut Butter Market, 2024 - 2031, USD Million
TABLE 39Germany Peanut Butter Market, 2020 - 2023, Hundred Tonnes
TABLE 40Germany Peanut Butter Market, 2024 - 2031, Hundred Tonnes
TABLE 41Germany Peanut Butter Market by Type, 2020 - 2023, USD Million
TABLE 42Germany Peanut Butter Market by Type, 2024 - 2031, USD Million
TABLE 43Germany Peanut Butter Market by Type, 2020 - 2023, Hundred Tonnes
TABLE 44Germany Peanut Butter Market by Type, 2024 - 2031, Hundred Tonnes
TABLE 45Germany Peanut Butter Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 46Germany Peanut Butter Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 47Germany Peanut Butter Market by Distribution Channel, 2020 - 2023, Hundred Tonnes
TABLE 48Germany Peanut Butter Market by Distribution Channel, 2024 - 2031, Hundred Tonnes
TABLE 49UK Peanut Butter Market, 2020 - 2023, USD Million
TABLE 50UK Peanut Butter Market, 2024 - 2031, USD Million
TABLE 51UK Peanut Butter Market, 2020 - 2023, Hundred Tonnes
TABLE 52UK Peanut Butter Market, 2024 - 2031, Hundred Tonnes
TABLE 53UK Peanut Butter Market by Type, 2020 - 2023, USD Million
TABLE 54UK Peanut Butter Market by Type, 2024 - 2031, USD Million
TABLE 55UK Peanut Butter Market by Type, 2020 - 2023, Hundred Tonnes
TABLE 56UK Peanut Butter Market by Type, 2024 - 2031, Hundred Tonnes
TABLE 57UK Peanut Butter Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 58UK Peanut Butter Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 59UK Peanut Butter Market by Distribution Channel, 2020 - 2023, Hundred Tonnes
TABLE 60UK Peanut Butter Market by Distribution Channel, 2024 - 2031, Hundred Tonnes
TABLE 61France Peanut Butter Market, 2020 - 2023, USD Million
TABLE 62France Peanut Butter Market, 2024 - 2031, USD Million
TABLE 63France Peanut Butter Market, 2020 - 2023, Hundred Tonnes
TABLE 64France Peanut Butter Market, 2024 - 2031, Hundred Tonnes
TABLE 65France Peanut Butter Market by Type, 2020 - 2023, USD Million
TABLE 66France Peanut Butter Market by Type, 2024 - 2031, USD Million
TABLE 67France Peanut Butter Market by Type, 2020 - 2023, Hundred Tonnes
TABLE 68France Peanut Butter Market by Type, 2024 - 2031, Hundred Tonnes
TABLE 69France Peanut Butter Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 70France Peanut Butter Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 71France Peanut Butter Market by Distribution Channel, 2020 - 2023, Hundred Tonnes
TABLE 72France Peanut Butter Market by Distribution Channel, 2024 - 2031, Hundred Tonnes
TABLE 73Russia Peanut Butter Market, 2020 - 2023, USD Million
TABLE 74Russia Peanut Butter Market, 2024 - 2031, USD Million
TABLE 75Russia Peanut Butter Market, 2020 - 2023, Hundred Tonnes
TABLE 76Russia Peanut Butter Market, 2024 - 2031, Hundred Tonnes
TABLE 77Russia Peanut Butter Market by Type, 2020 - 2023, USD Million
TABLE 78Russia Peanut Butter Market by Type, 2024 - 2031, USD Million
TABLE 79Russia Peanut Butter Market by Type, 2020 - 2023, Hundred Tonnes
TABLE 80Russia Peanut Butter Market by Type, 2024 - 2031, Hundred Tonnes
TABLE 81Russia Peanut Butter Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 82Russia Peanut Butter Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 83Russia Peanut Butter Market by Distribution Channel, 2020 - 2023, Hundred Tonnes
TABLE 84Russia Peanut Butter Market by Distribution Channel, 2024 - 2031, Hundred Tonnes
TABLE 85Spain Peanut Butter Market, 2020 - 2023, USD Million
TABLE 86Spain Peanut Butter Market, 2024 - 2031, USD Million
TABLE 87Spain Peanut Butter Market, 2020 - 2023, Hundred Tonnes
TABLE 88Spain Peanut Butter Market, 2024 - 2031, Hundred Tonnes
TABLE 89Spain Peanut Butter Market by Type, 2020 - 2023, USD Million
TABLE 90Spain Peanut Butter Market by Type, 2024 - 2031, USD Million
TABLE 91Spain Peanut Butter Market by Type, 2020 - 2023, Hundred Tonnes
TABLE 92Spain Peanut Butter Market by Type, 2024 - 2031, Hundred Tonnes
TABLE 93Spain Peanut Butter Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 94Spain Peanut Butter Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 95Spain Peanut Butter Market by Distribution Channel, 2020 - 2023, Hundred Tonnes
TABLE 96Spain Peanut Butter Market by Distribution Channel, 2024 - 2031, Hundred Tonnes
TABLE 97Italy Peanut Butter Market, 2020 - 2023, USD Million
TABLE 98Italy Peanut Butter Market, 2024 - 2031, USD Million
TABLE 99Italy Peanut Butter Market, 2020 - 2023, Hundred Tonnes
TABLE 100Italy Peanut Butter Market, 2024 - 2031, Hundred Tonnes
TABLE 101Italy Peanut Butter Market by Type, 2020 - 2023, USD Million
TABLE 102Italy Peanut Butter Market by Type, 2024 - 2031, USD Million
TABLE 103Italy Peanut Butter Market by Type, 2020 - 2023, Hundred Tonnes
TABLE 104Italy Peanut Butter Market by Type, 2024 - 2031, Hundred Tonnes
TABLE 105Italy Peanut Butter Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 106Italy Peanut Butter Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 107Italy Peanut Butter Market by Distribution Channel, 2020 - 2023, Hundred Tonnes
TABLE 108Italy Peanut Butter Market by Distribution Channel, 2024 - 2031, Hundred Tonnes
TABLE 109Rest of Europe Peanut Butter Market, 2020 - 2023, USD Million
TABLE 110Rest of Europe Peanut Butter Market, 2024 - 2031, USD Million
TABLE 111Rest of Europe Peanut Butter Market, 2020 - 2023, Hundred Tonnes
TABLE 112Rest of Europe Peanut Butter Market, 2024 - 2031, Hundred Tonnes
TABLE 113Rest of Europe Peanut Butter Market by Type, 2020 - 2023, USD Million
TABLE 114Rest of Europe Peanut Butter Market by Type, 2024 - 2031, USD Million
TABLE 115Rest of Europe Peanut Butter Market by Type, 2020 - 2023, Hundred Tonnes
TABLE 116Rest of Europe Peanut Butter Market by Type, 2024 - 2031, Hundred Tonnes
TABLE 117Rest of Europe Peanut Butter Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 118Rest of Europe Peanut Butter Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 119Rest of Europe Peanut Butter Market by Distribution Channel, 2020 - 2023, Hundred Tonnes
TABLE 120Rest of Europe Peanut Butter Market by Distribution Channel, 2024 - 2031, Hundred Tonnes
TABLE 121Key Information - The Procter & Gamble Company
TABLE 122Key Information - Unilever PLC
TABLE 123Key Information - Hormel Foods Corporation
TABLE 124Key Information - The Kraft Heinz Company
TABLE 125Key Information - Associated British Foods PLC
TABLE 126Key Information -The Hershey Company
TABLE 127key information - Mars, Inc.
TABLE 128Key Information - Dr. August Oetker KG
TABLE 129Key Information - The J.M Smucker Company
TABLE 130Key Information - Algood Food Company

Europe Peanut Butter Market Size, Share & Trends Analysis Report By Type (Crunchy, Creamy, and Other), By Distribution Channel (Offline, and Online), By Country and Growth Forecast, 2024 - 2031