Peanut Butter Market Analysis

  • Report ID: 2716
  • Published Date: Oct 20, 2025
  • Report Format: PDF, PPT

Peanut Butter Market Segmentation:

Packaging Segment Analysis

The jars segment in the peanut butter market is anticipated to garner the highest share of 85.8% by the end of 2035. The segment’s exposure is effectively driven by its variability, along with nutritious food source that provides minerals, vitamins, healthy fats, and protein, supporting muscle development, growth, and overall health. According to an article published by the National Peanut Buying Points Association in May 2025, more than 241,920 jars of peanut butter have been shipped for regional humanitarian relief to almost 7 states in the U.S., thereby suitable for bolstering the segment’s growth.

End user Segment Analysis

The residential/consumer segment in the peanut butter market is predicted to account for the second-highest share during the forecast period. The segment’s growth is fueled by its valuation for its cost-effectiveness, sheer convenience, nutritional profile as a plant-specific protein, and status as a household pantry staple. In addition, the growth is further propelled by uplifting customer trends, such as a transition towards wellness and health, which readily enhances the need for reduced, organic, and natural sugar variants. Moreover, its versatility as a key component, cooking ingredient, and spread in snacks has solidified its recurring purchase cycle.

Product Form Segment Analysis

The conventional segment in the peanut butter market is expected to account for the third-largest share by the end of the projected duration. The segment’s exposure is attributed to its high content of standard nutrients that optimize blood sugar management and heart health. As per a data report published by the CBP Organization in December 2024, traditional peanut butter is increasingly supplied to different countries, with a limited quantity of 3,650,000 kg in Argentina, 14,500,000 kg in Canada, 1,600,000 kg in 6 Australia-based nations, and 250,000 kg in other countries, excluding Mexico, which denotes an optimistic outlook for the segment’s development.

Our in-depth analysis of the global market includes the following segments:

Segment

Subsegments

Packaging

  • Jars
  • Pouches
  • Cups

End user

  • Residential/Consumer
  • Industrial
    • Food Service
    • Bakery
    • Confectionery

Product Form

  • Conventional
  • Organic
    • Smooth/Creamy
    • Crunchy/Chunky
    • Natural
    • Organic
    • Low-Fat/Reduced-Sugar

Type

  • Smooth/Creamy
  • Crunchy/Chunky
  • Natural
  • Organic
  • Low-Fat/Reduced-Sugar

Distribution Channel

  • Hypermarkets/Supermarkets
    • Conventional
    • Organic
  • Convenience Stores
  • Online Retail
  • Specialty Stores

Category

  • Plain
  • Flavored

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of the peanut butter market was over USD 8.3 billion.

The market size for the peanut butter market is projected to reach USD 15.5 billion by the end of 2035 expanding at a CAGR of 7.2% during the forecast period i.e., between 2026-2035.

The major players in the market are Bonne Maman, Dr. Oetker, Algood Food Company, The Kraft Heinz Company, Nuts 'N More, and others.

In terms of the packaging segment, the jars segment is anticipated to garner the largest market share of 85.8% by 2035 and display lucrative growth opportunities during 2026-2035.

The market in North America is projected to hold the largest market share of 38.3% by the end of 2035 and provide more business opportunities in the future.
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