Peanut Flavor Market Forecast to 2030

Description

Peanut Flavor Market Analysis

Market Overview

The peanut Flavor Market is expected to register a healthy CAGR of 6.23% during the review period. The rising interest in plant-based food sources alongside the rising modern exploration for flavoring items across the globe is driving market development.
Information delivered by the Plant-Based Food sources Relationship in 2021, has uncovered that the retail deals of plant-based food have grown multiple times quicker than retail food deals. As peanut contains more than thirty fundamental nutrients and supplements play a significant wellspring of plant-based food sources for shoppers who follow veggie-lover, vegan, and flexitarian eats less. Expanding purchaser inclination for better, clean-name slims down and a reasonable way of life support plant-based protein development, pushing the market for Dairy Items. Additionally, the healthful and calorific profile of Dairy Items like peanut margarine, spreads, snacks, and so forth, meet the energy and taste inclinations of meat-elective eating regimen buyers, intensifying the development of the peanut flavor market. Additionally, the rising interest in plant-based food sources by veggie lovers and vegan diet devotees and without gluten food varieties across the globe is expected to help and drive the development of the peanut flavor market.

Market Segmentation

The peanut flavor market is divided into categories for chocolate, caramel, and others based on flavor. Based on product and comprises snacks, nibbles, spreads, biscuits, tablets, and other items. The market data for the worldwide peanut flavor industry has been divided into bakery, confectionery, butter & spreads, dairy goods, and others based on application.
The market data for the worldwide peanut flavour business has been divided into store-based and non-store-based segments based on Distribution Channels. The term “store-based distribution channel” refers to physical retail establishments such as grocery and hypermarkets, convenience stores, and specialty shops.

Regional Analysis

The North America peanut flavor market represents the biggest market share in 2021. The rising mindfulness about quality food items and rising utilization of accommodation food items are supposed to drive the development of the market in North America. Developing well-being awareness among purchasers in the US peanut flavor market has affected food makers to lean toward the reception of normal and good food fixings.
The Asia-Pacific held the second-biggest market in 2021. The changing customer inclinations, developing populace in creating economies, and rising per capita expendable salaries are affecting the deals of prepared-to-eat items, wherein peanut flavors are generally utilized. The vital commitment to peanut flavor utilization from the China peanut flavor market and the Indian peanut flavor market.
The Europe peanut flavor market is one of the unmistakable regions across the globe that incorporates most of the emerging nations like Germany, Italy, Spain, the UK, and France. The European peanut flavor market has been developing for a long time and it is driven by changes in the utilization examples of European customers, including rising interest for better eating choices.

Market Players

Key Companies in the Peanut Flavor market are Firmenich, Nature’s Flavours, Abelei, S-World Flavor & Fragarances, Northwestern Extract, Fuxiong Flavours & Fragrances, Stringer Flavours, Flavor so good Company, Lionel Hitchen, and Weber Flavours.

COVID 19 Impacts

We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY 18
1.1 MARKET ATTRACTIVENESS ANALYSIS 20
1.1.1 GLOBAL PEANUT FLAVOR MARKET, BY FLAVOR 21
1.1.2 GLOBAL PEANUT FLAVOR MARKET, BY PRODUCT 22
1.1.3 GLOBAL PEANUT FLAVOR MARKET, BY APPLICATION 23
1.1.4 GLOBAL PEANUT FLAVOR MARKET, BY DISTRIBUTION CHANNEL 24
1.1.5 GLOBAL PEANUT FLAVOR MARKET, BY REGION 25
1.1.6 GLOBAL PEANUT FLAVOURS MARKET, BY REGION 26
2 MARKET INTRODUCTION 27
2.1 DEFINITION 27
2.2 SCOPE OF THE STUDY 27
2.3 RESEARCH OBJECTIVE 27
2.4 MARKET STRUCTURE 28
2.5 KEY BUYING CRITERIA 29
3 RESEARCH METHODOLOGY 30
3.1 RESEARCH PROCESS 30
3.2 PRIMARY RESEARCH 31
3.3 SECONDARY RESEARCH 32
3.4 MARKET SIZE ESTIMATION 33
3.5 FORECAST MODEL 34
3.6 LIST OF ASSUMPTIONS & LIMITATIONS 35
4 MARKET DYNAMICS 36
4.1 INTRODUCTION 36
4.2 DRIVERS 37
4.2.1 RISING DEMAND FOR PLANT-BASED FOODS 37
4.2.2 INCREASING INSTITUTIONAL RESEARCH FOR FLAVORING PRODUCTS ACROSS THE GLOBE 37
4.2.3 EMERGING USE OF CHEMICAL-FREE INGREDIENTS IN THE FOOD INDUSTRY 37
4.2.4 DRIVERS IMPACT ANALYSIS 38
4.3 RESTRAINTS 38
4.3.1 INCIDENCE OF ALLERGIES AND INTOLERANCE DUE TO PEANUT CONSUMPTION 38
4.3.2 RESTRAINTS IMPACT ANALYSIS 39
4.4 OPPORTUNITIES 39
4.4.1 PRODUCT LAUNCHES AND INNOVATION 39
4.4.2 DEMAND FOR ORGANIC PEANUT FLAVOR PRODUCTS 39
4.5 CHALLENGES 40
4.5.1 RISING INPUT COSTS IN PROCESSING PEANUT FLAVORS 40
4.5.2 STRINGENT GOVERNMENT REGULATIONS REGARDING FOOD ALLERGEN LABELING 40
5 MARKET FACTOR ANALYSIS 41
5.1 VALUE CHAIN ANALYSIS 41
5.1.1 RAW MATERIAL PROCUREMENT 42
5.1.2 PROCESSING 42
5.1.2.1 MACERATION 42
5.1.2.2 FILTRATION 42
5.1.2.3 EXTRACTION 42
5.1.3 PACKAGING 42
5.2 SUPPLY CHAIN ANALYSIS 43
5.3 PORTER’S FIVE FORCES MODEL 44
5.3.1 THREAT OF NEW ENTRANTS 44
5.3.2 BARGAINING POWER OF SUPPLIERS 45
5.3.3 THREAT OF SUBSTITUTES 45
5.3.4 BARGAINING POWER OF BUYERS 45
5.3.5 INTENSITY OF RIVALRY 45
5.4 IMPACT OF COVID-19 ON THE GLOBAL PEANUT FLAVOR MARKET 46
5.4.1 IMPACT ON PRODUCTION 46
5.4.2 IMPACT ON SUPPLY CHAIN 46
5.4.3 IMPACT ON CONSUMER BUYING BEHAVIOR 46
6 GLOBAL PEANUT FLAVOR MARKET, BY FLAVOR 47
6.1 OVERVIEW 47
6.1.1 GLOBAL PEANUT FLAVOR MARKET ESTIMATES & FORECAST, BY FLAVOR, 2020–2030 48
6.2 CHOCOLATE 48
6.2.1 CHOCOLATE: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 48
6.3 CARAMEL 49
6.3.1 CARAMEL: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 49
6.4 OTHERS 49
6.4.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 49
7 GLOBAL PEANUT FLAVOR MARKET, BY PRODUCT 50
7.1 OVERVIEW 50
7.1.1 GLOBAL PEANUT FLAVOR MARKET ESTIMATES & FORECAST, BY PRODUCT, 2020–2030 51
7.2 SNACKS 52
7.2.1 SNACKS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 52
7.3 BITES 53
7.3.1 BITES: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 53
7.4 SPREADS 53
7.4.1 SPREADS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 53
7.5 BISCUITS 54
7.5.1 BISCUITS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 54
7.6 TABLETS 55
7.6.1 TABLETS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 55
7.7 OTHERS 55
7.7.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 55
8 GLOBAL PEANUT FLAVOR MARKET, BY APPLICATION 56
8.1 OVERVIEW 56
8.1.1 GLOBAL PEANUT FLAVOR MARKET ESTIMATES & FORECAST, BY APPLICATION, 2020–2030 57
8.2 BAKERY 57
8.2.1 BAKERY: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 57
8.3 CONFECTIONARY 58
8.3.1 CONFECTIONARY: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 58
8.4 BUTTER & SPREADS 59
8.4.1 BUTTER & SPREADS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 59
8.5 DAIRY PRODUCTS 60
8.5.1 DAIRY PRODUCTS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 60
8.6 OTHERS 60
8.6.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 60
9 GLOBAL PEANUT FLAVOR MARKET, BY DISTRIBUTION CHANNEL 61
9.1 OVERVIEW 61
9.1.1 GLOBAL PEANUT FLAVOR MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2020–2030 62
9.2 STORE-BASED 62
9.2.1 STORE-BASED: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 62
9.3 NON-STORE-BASED 63
9.3.1 NON-STORE-BASED: MARKET ESTIMATES & FORECAST, BY REGION, 2020–2030 63
10 GLOBAL PEANUT FLAVOR MARKET, BY REGION 64
10.1 OVERVIEW 64
10.2 NORTH AMERICA 66
10.2.1 US 68
10.2.2 CANADA 69
10.2.3 MEXICO 71
10.3 EUROPE 73
10.3.1 GERMANY 75
10.3.2 UK 76
10.3.3 FRANCE 78
10.3.4 SPAIN 79
10.3.5 ITALY 80
10.3.6 REST OF EUROPE 82
10.4 ASIA-PACIFIC 84
10.4.1 JAPAN 87
10.4.2 CHINA 88
10.4.3 INDIA 90
10.4.4 AUSTRALIA & NEW ZEALAND 91
10.4.5 REST OF ASIA-PACIFIC 92
10.5 REST OF THE WORLD 94
10.5.1 SOUTH AMERICA 96
10.5.2 MIDDLE EAST 97
10.5.3 AFRICA 99
11 GLOBAL PEANUT MARKET 101
12 COMPETITIVE LANDSCAPE 102
12.1 INTRODUCTION 102
12.1.1 MARKET STRATEGY ANALYSIS 102
12.2 COMPETITIVE BENCHMARKING 103
12.2.1 INTRODUCTION 103
12.2.2 PRODUCT PORTFOLIO 104
12.2.3 REGIONAL PRESENCE 104
12.2.4 STRATEGIC ALLIANCES 104
12.2.5 INDUSTRY EXPERIENCES 104
12.3 KEY DEVELOPMENTS & GROWTH STRATEGIES 104
12.3.1 ACQUISITION 104
13 COMPANY PROFILES 105
13.1 FIRMENICH 105
13.1.1 COMPANY OVERVIEW 105
13.1.2 FINANCIAL OVERVIEW 106
13.1.3 PRODUCTS OFFERED 106
13.1.4 KEY DEVELOPMENTS 107
13.1.5 SWOT ANALYSIS 107
13.1.6 KEY STRATEGIES 107
13.2 NATURE’S FLAVORS 108
13.2.1 COMPANY OVERVIEW 108
13.2.2 FINANCIAL OVERVIEW 108
13.2.3 PRODUCTS OFFERED 108
13.2.4 KEY DEVELOPMENTS 109
13.2.5 SWOT ANALYSIS 109
13.2.6 KEY STRATEGIES 109
13.3 ABELEI 110
13.3.1 COMPANY OVERVIEW 110
13.3.2 FINANCIAL OVERVIEW 110
13.3.3 PRODUCTS OFFERED 110
13.3.4 KEY DEVELOPMENTS 110
13.3.5 SWOT ANALYSIS 111
13.3.6 KEY STRATEGIES 111
13.4 S-WORLD FLAVOR & FRAGRANCES 112
13.4.1 COMPANY OVERVIEW 112
13.4.2 FINANCIAL OVERVIEW 112
13.4.3 PRODUCTS OFFERED 112
13.4.4 KEY DEVELOPMENTS 112
13.4.5 SWOT ANALYSIS 113
13.4.6 KEY STRATEGIES 113
13.5 NORTHWESTERN EXTRACT 114
13.5.1 COMPANY OVERVIEW 114
13.5.2 FINANCIAL OVERVIEW 114
13.5.3 PRODUCTS OFFERED 114
13.5.4 KEY DEVELOPMENTS 114
13.5.5 SWOT ANALYSIS 115
13.5.6 KEY STRATEGIES 115
13.6 WEBER FLAVORS 116
13.6.1 COMPANY OVERVIEW 116
13.6.2 FINANCIAL OVERVIEW 116
13.6.3 PRODUCTS OFFERED 116
13.6.4 KEY DEVELOPMENTS 116
13.6.5 KEY STRATEGIES 116
13.7 STRINGER FLAVOUR 117
13.7.1 COMPANY OVERVIEW 117
13.7.2 FINANCIAL OVERVIEW 117
13.7.3 PRODUCTS OFFERED 117
13.7.4 KEY DEVELOPMENTS 117
13.7.5 KEY STRATEGIES 117
13.8 FLAVOURSOGOOD COMPANY 118
13.8.1 COMPANY OVERVIEW 118
13.8.2 FINANCIAL OVERVIEW 118
13.8.3 PRODUCTS OFFERED 118
13.8.4 KEY DEVELOPMENTS 118
13.8.5 KEY STRATEGIES 118
13.9 LIONEL HITCHEN 119
13.9.1 COMPANY OVERVIEW 119
13.9.2 FINANCIAL OVERVIEW 119
13.9.3 PRODUCTS OFFERED 119
13.9.4 KEY DEVELOPMENTS 119
13.9.5 KEY STRATEGIES 119
13.10 FUXIONG FLAVORS & FRAGRANCES COMPANY 120
13.10.1 COMPANY OVERVIEW 120
13.10.2 FINANCIAL OVERVIEW 120
13.10.3 PRODUCTS OFFERED 120
13.10.4 KEY DEVELOPMENTS 120
13.10.5 KEY STRATEGIES 120
14 COMPANY PROFILE FOR PEANUT MARKET 121
14.1 HAMPTON FARMS 121
14.1.1 COMPANY OVERVIEW 121
14.1.2 FINANCIAL OVERVIEW 121
14.1.3 PRODUCTS OFFERED 121
14.1.4 KEY DEVELOPMENTS 122
14.1.5 SWOT ANALYSIS 122
14.1.6 KEY STRATEGIES 122
14.2 VIRGINIA DINER 123
14.2.1 COMPANY OVERVIEW 123
14.2.2 FINANCIAL OVERVIEW 123
14.2.3 PRODUCTS OFFERED 123
14.2.4 KEY DEVELOPMENTS 123
14.2.5 SWOT ANALYSIS 124
14.2.6 KEY STRATEGIES 124
14.3 ARCHER-DANIELS-MIDLAND COMPANY (ADM) 125
14.3.1 COMPANY OVERVIEW 125
14.3.2 FINANCIAL OVERVIEW 126
14.3.3 PRODUCTS OFFERED 127
14.3.4 KEY DEVELOPMENTS 127
14.3.5 SWOT ANALYSIS 128
14.3.6 KEY STRATEGIES 128
14.4 LONE TREE NUT COMPANY 129
14.4.1 COMPANY OVERVIEW 129
14.4.2 FINANCIAL OVERVIEW 129
14.4.3 PRODUCTS OFFERED 129
14.4.4 KEY DEVELOPMENTS 129
14.4.5 SWOT ANALYSIS 130
14.4.6 KEY STRATEGIES 130
14.5 STAR SNACKS 131
14.5.1 COMPANY OVERVIEW 131
14.5.2 FINANCIAL OVERVIEW 131
14.5.3 PRODUCTS OFFERED 131
14.5.4 KEY DEVELOPMENTS 131
14.5.5 SWOT ANALYSIS 132
14.5.6 KEY STRATEGIES 132
14.6 OLAM GROUP 133
14.6.1 COMPANY OVERVIEW 133
14.6.2 FINANCIAL OVERVIEW 133
14.6.3 PRODUCTS OFFERED 134
14.6.4 KEY DEVELOPMENTS 134
14.6.5 SWOT ANALYSIS 135
14.6.6 KEY STRATEGIES 135
14.7 THE GOOD SNACK COMPANY 136
14.7.1 COMPANY OVERVIEW 136
14.7.2 FINANCIAL OVERVIEW 136
14.7.3 PRODUCTS OFFERED 136
14.7.4 KEY DEVELOPMENTS 136
14.7.5 SWOT ANALYSIS 137
14.7.6 KEY STRATEGIES 137
15 REFERENCES 138