Global Peanut Flour Market

Global Peanut Flour Market was valued US$ XX Mn in 2019 and is expected to grow US$ XX Mn by 2027, at a CAGR of 2.9% during the forecast period.

Global Peanut Flour Market

The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.

Global Peanut Flour Market: Overview

Peanut flours are powder which is made from peanut. The flour functions as a rough, bulking agent and viscosity-increasing agent. The applications of peanut flours are mostly in the food industry, for example, nutrition bars, 12% fat peanut flour (dark roast), peanut kinds of butter, baked goods, crispy candy, pet treats. The color of them fluctuates from light yellow to dark yellow. With the development of the economy, food as well as pet food needs more peanut flour. Thus, peanut flour has massive market potential in the future. Peanuts are the foremost raw materials for the production of peanut flour. With the development of peanut flour, raw materials producers are also helped from the peanut flour industry to some extent.

Global Peanut Flour Market: Dynamics

Peanut flour is a multiuse food ingredient that offers food producers with flexibility in formulations in products like 12% fat peanut flour (dark roast), pasta, and organic snack foods. Peanut flour is delightful in an extensive array of cooking and baking. Peanut flour is not only beneficial for an individual’s regular diet but also a viable source of food. Food specialists use peanut flour for flavor in pastries, bread, and more dishes, and use as a thickener in soups. Several producers adopt the incorporation of peanut flour to increase the protein content of the foodstuff. Generally, peanut flours have been limited to use by industrial food processors as the main food ingredient. On the other hand, increasing cases of allergies interlinked with peanuts, among individuals, are expected to put down the growth of the peanut flour market.

Global Peanut Flour Market: Segmentation Analysis

By type, increasing applications of peanut flour in organic peanut flour products will be driving significant growth in the future.

Gaining enough nutrients in an individual’s diet has become vigorous as the demand for a strong lifestyle among customers is on the rise. Mixtures that combine peanuts with other gluten-free flours are available in the market now. The growing urban populace has enlarged the demand for several types of flours including peanut flour for the varied applications and it delivers to organic peanut flour products. Peanut flour offers better texture, flavor, nutritional values, shelf life, and stability in organic peanut flour products. Also, growing consciousness for protein-rich flours is providing a push for flour millers to produce added nutritional and gluten-free flour, which is driving noteworthy growth for the peanut flour market.

Global Peanut Flour Market: Regional Analysis

Region-wise, North America is expected to hold the largest market share of the global market by 2027. It has been observed that American customers provided significant overall acceptance points for extruded foods ready with peanut flour against the foods ready with the minced fish. As stated by USDA Agricultural Research studies, lightly-roasted, lower-fat flours have been found as the perfect thickener when related to other conventional flours. The Asia Pacific is expected to dominate the market growth, thanks to the rising population in India, China, and Japan. Increasing consumption of healthy and flour-based products are motivating considerable growth in these countries.

The objective of the report is to present a comprehensive analysis of the Global Peanut Flour Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Peanut Flour Market dynamics, structure by analyzing the market segments and project the Global Peanut Flour Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Peanut Flour Market make the report investor’s guide.

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Scope of the Global Peanut Flour Market

Global Peanut Flour Market, By Type

• 28% fat peanut flour (light roast)
• 12% fat peanut flour (dark roast)
• Organic peanut flour
Global Peanut Flour Market, By Application

• Nutrition Bar
• Cereals
• Low-Fat Peanut Butter
• Seasoning Blends
• Sauces
• Baked Goods
• Others (Confections, Dry Peanut Butters, Fillings, Toppings, 12% fat peanut flour (dark roast) And Pet Treats)
Global Peanut Flour Market, By Function

• Color Enhancer
• Protein Source
• Peanut Flavor
• Others (Thickener, Gluten Free Ingredient And Shelf Life Extender)
Global Peanut Flour Market, By Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in the Global Peanut Flour Market

• Vinay Industries
• Puyang Tianli
• Qingdao Changshou
• Shijichun
• Shandong Chinut
• Fenglin
• Junan Zheng Da
• Rizhao Shengkang
• Qingdao Baoquan
• AMANDA Nussverarbeitung
• Golden Peanut and Tree Nuts
• Nutrin Corporation
• Protein Plus, LLC
• Amoretti
• Nutrinity Foundation
• Indic Wisdom Private Limited
• Mercatum Technology Pvt. Ltd.
• Girnut Industries

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