Peanut Butter Market Report 2025: Steady Growth Amid Rising Health Consciousness and Flavored and Specialty Peanut Butter- Global Forecasts to 2033 [Yahoo! Finance]
Hormel Foods Corporation (HRL)
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Source: Yahoo! Finance
Dublin, March 06, 2025 (GLOBE NEWSWIRE) -- The "Peanut Butter Market Report 2025-2033" report has been added to ResearchAndMarkets.com's offering. The global peanut butter industry continues to experience robust growth as consumer preferences shift towards nutritious, plant-based diets and convenient food options. With a compound annual growth rate (CAGR) of 4% from 2025 to 2033, the market is projected to reach an estimated value of USD 6.3 billion by the end of the forecast period. Increasing awareness of the health benefits of peanut butter, rich in proteins and healthy fats, is propelling the market forward. Its appeal to health-conscious consumers is further enhanced by its contribution to heart health, muscle repair, and as a source of dietary fiber for weight management. The convenience of peanut butter, with its ready-to-eat nature and long shelf life, is a significant growth driver, particularly in urban areas where busy lifestyles prevail. It serves as a versatile culin
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