Peanut Butter Market 2024 to 2034: In-Depth Analysis of Growth Trends
The peanut butter market is projected to rise at a CAGR of 3.9% from 2024 to 2034. The market size is expected to reach US$ 5,470 million in 2024. Sales of peanut butter are anticipated to reach a value of US$ 8,040.9 million by 2034.
The growing health consciousness among individuals is expected to have a positive impact on market expansion. The peanut butter industry is driven by the younger generations’ increasing desire for high-protein food items and the growing trend of healthy food consumption.
With chronic illnesses like high blood pressure and