Base Year
Historical Year
Forecast Year
Value in AUD Million
2024-2032
Australia Peanut Butter Market Outlook
*this image is indicative*
Based on technology, natural peanut butter leads the Australia peanut butter market as it serves as a source of protein enriched with plant-based proteins. For individuals looking to limit their sugar intake, natural peanut butter serves as a good alternative due to the absence of artificial sweeteners and added sugar. Moreover, it reduces the risk of heart disorders by lowering bad cholesterol levels. Natural peanut butter also protects against free radicals through the presence of antioxidants such as flavonoids, resveratrol, p-coumaric acid, and others. Reduced-fat peanut butter helps in weight management due to its lower calorie content per serving, while also serving as an easy spread because of its smoother taste and texture. In January 2022, Kellogg expanded its cereal offerings by launching a limited-edition Nutri-Grain peanut butter flavour cereal in partnership with Bega.
With the development of the Australia peanut butter market, there is a noticeable trend towards incorporating functional ingredients like probiotics and vitamins into peanut butter products. These ingredients are recognized for their health benefits, which are becoming increasingly important factors influencing consumer choices in the market. Furthermore, the growing emphasis on sustainability has prompted manufacturers to adopt practices that reduce carbon emissions throughout the supply chain and utilize recyclable packaging materials.
Australia Peanut Butter Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Spread Type
Market Breakup by Product Type
Market Breakup by Packaging Type
Market Breakup by Distribution Channel
Market Breakup by Region
Online stores hold a significant share of the Australia peanut butter market due to their convenience, extensive product variety, competitive pricing, and personalized shopping experiences.
The growth of the peanut butter market is fuelled by functional ingredients, sustainability practices, allergen management, health and wellness trends, flavour varieties, and the convenience and portability of products.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market was valued at AUD 224.73 Million in 2023.
The market is projected to grow at a CAGR of 3.67% between 2024 and 2032.
The revenue generated from the peanut butter market is expected to reach AUD 310.84 Million in 2032.
Based on the spread type, the peanut butter market is bifurcated into creamy, honey-roasted, natural, reduced fat, crunchy/chunky and others.
Key players in the peanut butter industry are Ambrosia Australia, Scoop Wholefoods Pty Ltd., Pepe Saya Butter Co., Bega Cheese Limited, and Live Life Nutrition Pty Ltd., among others.
Based on packaging type, the Peanut butter market is divided into pouches and jars.
The different product types of peanut butter include regular, low sugar, low sodium and plain.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| Report Features | Details |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Spread Type |
|
| Breakup by Product Type |
|
| Breakup by Packaging Type |
|
| Breakup by Distribution Channel |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
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