us peanuts market Overview
The US peanut industry is strong because peanuts are versatile and healthy. Many prefer peanuts in their shells as peanut butter. Most people keep them in their kitchens because they're cheap. Peanuts' health advantages make them appealing. Peanuts are packed in protein, good fats, and minerals and make a delightful snack for healthy shopping. Peanuts are a basis for many foods, thus there are more. Many peanut snacks—roasted and salted—are portable. Peanut butter has long been popular, but energy bars, drinks, and other meals are growing its appeal. Peanut-based sweets, chocolates, and snack mixtures are popular. Many treats blend peanuts' salty and peppery flavors with sweetness. Popular peanut butter cups, chocolate-covered
peanuts, and peanut clusters show peanuts' hedonism. Peanuts are eaten, used in soups, sauces, and delicious meals. Thai cuisine is made tastier with satay sauce and peanut dressing. Asian and African dishes are growing more popular, which has raised the demand for peanuts and items manufactured from peanuts. This has transformed restaurant and home cooking alternatives. Plant-based diets and the need for energy have made peanuts increasingly renowned. As more individuals follow plant-based diets, peanuts are a smart option since they are rich in protein. People who don't consume meat or dairy and wish to cut down on their animal products may now acquire nourishment from peanuts in a healthy manner. To suit client requirements, the peanut butter sector has come up with new products. Peanut butter that is pure, organic, and minimally prepared, with no additional sugars or preservatives, is what health-conscious shoppers seek. varied manufacturers now produce thick, smooth, and particular peanut butters, including powdered peanut butter, to fulfill the demands of individuals with varied diets. Exports are crucial since American peanuts are recognized for how excellent they taste and how well they are prepared. US peanut exports are expanding because individuals in developing economies and other nations purchase more American peanuts. This need from throughout the globe makes US peanuts even more desirable and trustworthy on the international market. The industry needs to cope with challenges including peanut allergies, the environment, and the unpredictability of the weather. The peanut industry hopes to address these issues via sustainable farming, crop management technologies, and allergy investigations. Peanuts are popular in the US because they are healthful, versatile, and utilized in many dishes. People across like peanuts as a snack, in meals, or on toast. As the food industry adjusts to changing customer trends, peanuts will always remain significant in American cookery.
Frequently Asked Questions (FAQ) :
The US Peanuts Market is expected to be valued at 22.6 billion USD in 2024.
By 2035, the US Peanuts Market is anticipated to reach a value of 28.53 billion USD.
The expected CAGR for the US Peanuts Market from 2025 to 2035 is 2.141%.
The market value for raw peanuts is projected to be 4.5 billion USD in 2024 and 5.8 billion USD in 2035.
Roasted peanuts are expected to hold a market value of 8.2 billion USD in 2024, increasing to 10.4 billion USD by 2035.
Major players in the US Peanuts Market include Sun Valley Rice, Birdsong Peanuts, and J.M. Smucker Company among others.
The market for blanched peanuts is valued at 3.5 billion USD in 2024 and is expected to grow to 4.5 billion USD by 2035.
Peanut powder is expected to have a market size of 2.1 billion USD in 2024 and 2.7 billion USD in 2035.
The US Peanuts Market faces significant competition and encompasses established players along with emerging companies driving innovation.
Key growth drivers in the US Peanuts Market include the rising demand for various peanut forms and health-conscious consumer trends.
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