Peanut Flour Market Size Share - Industry Trends and Forecast 2017 - 2025
"The
Latest Research Report Peanut
Flour Market - Global Industry Analysis, Size, Share, Growth, Trends,
and Forecast 2017 - 2025
provides information on pricing, market analysis, shares, forecast,
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Peanut
is one of the most important legume grown in warmer regions such as
Asia, Africa, Australia and in The Americas. Peanuts are rich in
large number of nutrients such as biotin, copper, manganese,
phosphorus, a variety of vitamins and proteins etc. Peanut flour is
obtained by crushing peanuts, they are processed to obtain flour with
a lower fat content. Peanut flour, after removing the fat content has
high amount of protein. The demand for plant based ingredients which
also includes of peanut flour is increasing due to consumers demand
for healthier food products and cleaner label requirements. Peanut
flour is gluten-free and has been considered to be beneficial for
heart health. It is used as an alternative flour to make gluten free
breads and other bakery products, it is also used as a thickener,
flavoring agent, topping for meat and seafood and as an ingredient in
smoothies to increase the protein content. Asia Pacific is projected
to be the fastest growing region due to the rising population of
China, Japan, and India. Increasing disposable incomes and subsequent
concerns about healthy, flour-based products consumption are driving
the market in these countries.
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Segmentation:-
The
global peanut flour market is segmented by Type, by Application, by
function and by region. On the basis of different Types of peanut
flour market is segmented into 28% fat peanut flour (light roast),
12% fat peanut flour (dark roast) and organic peanut flour.
On
the basis of application the peanut flour market is segmented into
nutrition bar, cereals, low-fat peanut butter, seasoning blends,
sauces, baked goods and others. The others segment consists of
confections, dry peanut butters, fillings, toppings, beverages and
pet treats. Peanut flour market is segmented on the basis of function
which consists of color enhancer, protein source, peanut flavor and
others. The others segment consists of thickener, gluten free
ingredient and shelf life extender
Global
market Dynamics
Following
are the market drivers and restraints responsible for the market
dynamic prevailing in the peanut flour market:
Drivers
Ease
of use and plant based source:
Peanut
Flour is an easy to use ingredient, as it is in a dry powder form and
is a rich source of plant based protein. It helps in giving steady
flavors and aroma in the food products it is used.
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High
source of protein:
Deffated
peanuts during the processing to obtain peanut flour from peanut
provides an alternative and cheaper source of high protein.
Increasing
demand for gluten-free flour:
The
increased demand for gluten-free food products have also helped in
driving the growth of peanut flour in gluten free products
application.
Restraints
Health
concerns (Allergy):
A
lot of people including children and adults are allergic to peanuts
in different parts of the world. This pose a threat to the growth of
peanut flour market, as increased number of cases of peanut allergy
has adversely impacted the application of peanuts and peanut flour in
a lot of food products.
Regional
Outlook:-
The
global market is dominated by North America and Europe. Developing
countries are emerging as leading exporters of peanuts to the North
American and European regions. The South East Asian region is one of
the prominent producers and exporters of peanut flour. This region is
projected to grow at the highest CAGR during the forecast period. The
growing demand for gluten free food products, plant based protein
sources and processed meat products in this region drives the growth
of peanut flour market.
Major
Key players:-
Some
of the major key players who are driving the peanut flour market
globally are ADM, CUKRA, Amanda, Vinay Industries, Puyang Tianli and
Qingdao Changshou
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
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The
study is a source of reliable data on:
Market
segments and sub-segments
Market
trends and dynamics
Supply
and demand
Market
size
Current
trends/opportunities/challenges
Competitive
landscape
Technological
breakthroughs
Value
chain and stakeholder analysis
The
regional analysis covers:
North
America (U.S. and Canada)
Latin
America (Mexico, Brazil, Peru, Chile, and others)
Western
Europe (Germany, U.K., France, Spain, Italy, Nordic countries,
Belgium, Netherlands, and Luxembourg)
Eastern
Europe (Poland and Russia)
Asia
Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle
East and Africa (GCC, Southern Africa, and North Africa)
The
report has been compiled through extensive primary research (through
interviews, surveys, and observations of seasoned analysts) and
secondary research (which entails reputable paid sources, trade
journals, and industry body databases). The report also features a
complete qualitative and quantitative assessment by analyzing data
gathered from industry analysts and market participants across key
points in the industry’s value chain.
A
separate analysis of prevailing trends in the parent market, macro-
and micro-economic indicators, and regulations and mandates is
included under the purview of the study. By doing so, the report
projects the attractiveness of each major segment over the forecast
period.
Highlights
of the report:
A
complete backdrop analysis, which includes an assessment of the
parent market
Important
changes in market dynamics
Market
segmentation up to the second or third level
Historical,
current, and projected size of the market from the standpoint of both
value and volume
Reporting
and evaluation of recent industry developments
Market
shares and strategies of key players
Emerging
niche segments and regional markets
An
objective assessment of the trajectory of the market
Recommendations
to companies for strengthening their foothold in the market
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