Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Australia Peanut Butter Market Outlook
The Australia peanut butter market size reached USD 151.85 million in 2023. The market is expected to grow at a CAGR of 3.67% between 2024 and 2032, reaching almost USD 210.22 million by 2032.
Key Takeaways:
- As per the US Department of Agriculture, in 2022, most peanut products in Australia were primarily produced in Queensland, accounting for 92% of the total peanut production, while New South Wales contributed 6% of the total peanut production.
- As reported by the US Department of Agriculture, Australia's peanut production for the year 2022/23 amounted to 16,000 tonnes, thereby contributing to the Australia peanut butter market growth.
- Australia's imports of raw peanuts (groundnuts) from Turkey amounted to USD 1.21 thousand in 2021, as reported by the United Nations COMTRADE database on international trade.
Reduced-fat peanut butter is driving growth in the Australia peanut butter market, frequently selected by individuals looking to control their weight or enhance their dietary habits
Reduced-fat peanut butter presents a healthier choice with reduced fat content, appealing to health-conscious consumers. It offers a guilt-free treat with fewer calories while preserving the classic peanut butter flavour.
Creamy peanut butter boasts a smooth, easily spreadable texture, perfect for spreading on bread, crackers, and fruits. It provides convenience and versatility in usage, appealing to those who favour a softer, smoother consistency over chunkier varieties.
Further, companies have been focusing on expanding their portfolio to improve their market position. For instance, Snickers Creamy Peanut Butter was launched in Australia for a limited time only.
Simultaneously, Kellogg expanded its cereal offerings by introducing a limited-edition Nutri-Grain Peanut Butter Flavour cereal in collaboration with Bega. This range combined Kellogg's cereal bar crunchiness with Bega's peanut butter. The release followed previous collaborations with Nutri-Grain x Oak Plus and Coco Pops x Golden Gaytime.
Market Segmentation
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
- Reduced Fat
- Creamy
- Crunchy/Chunky
- Natural
- Honey Roasted
- Others
Market Breakup by Product Type
- Low Sugar
- Regular
- Low Sodium
- Plain
Market Breakup by Packaging Type
- Pouches
- Jars
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Stores
- Others
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
The Australia peanut butter market key players are Ambrosia Australia, Scoop Wholefoods Pty Ltd., Pepe Saya Butter Co., Bega Cheese Limited, and Live Life Nutrition Pty Ltd. among others.
Key Highlights of the Report
| 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 |
|
*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.*
Looking for specific insights?
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
Key Questions Answered in the Report
The market was valued at USD 151.85 million in 2023.
The market is projected to grow at a CAGR of 3.67% between 2024 and 2032.
The revenue generated from the market is expected to reach USD 210.22 million in 2032.
The market is categorised according to the product type, which includes low sugar, regular, low sodium and plain.
The key players are Ambrosia Australia, Scoop Wholefoods Pty Ltd., Pepe Saya Butter Co., Bega Cheese Limited, and Live Life Nutrition Pty Ltd. among others.
Based on the packaging type, the peanut butter market is divided into pouches and jar.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
Purchase Full Report
Datasheet
- Selected Sections, One User
- Printing Not Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Single User License
One User
- All Sections, One User
- One Print Allowed
- Email Delivery in PDF
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
Five Users
- All Sections, Five Users
- Five Prints Allowed
- Email Delivery in PDF
- Free Limited Customisation
- Post Sales Analyst Support
50% Discount on Next Update
Corporate License
Unlimited Users
- All Sections, Unlimited Users
- Unlimited Prints Allowed
- Email Delivery in PDF + Excel
- Free Limited Customisation
- Post Sales Analyst Support
- 50% Discount on Next Update
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Subscribe to our Newsletter
By subscribing you agree to with our privacy policy and provide
consent to
receive
updates
from our company.
Our Offices
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124