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Global Peanut Milk Market Size study & forecast, by Nature (Organic, Conventional) by Packaging Type (Bottles, Aseptic cartoon), by Application (Food processing industry, Bakery & confectionery, Beverages, Proteins bars & Supplements, Others), by Sales Channel (Supermarket/Hypermarket, Convenience Stores, Specialty Stores, Others) and Regional Analysis, 2022-2029

May 2023 | 200 pages | ID: GEED51B85023EN
Bizwit Research & Consulting LLP

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Global Peanut Milk Market is valued at approximately USD 294.12 million in 2021 and is anticipated to grow with a healthy growth rate of more than 9.50% over the forecast period 2022-2029. Peanut milk is a non-dairy beverage produced by using peanuts and water. It provides minerals including manganese and vitamin B3, as well as proteins, vitamins, and other nutrients. For consumers who are allergic to dairy products, they serve as an alternative. New components that are gaining popularity as sources for plant-based beverages are nuts. Over the past few years, a variety of specialized items have been introduced, including cashew, hazelnut, and peanut products. Additionally, research highlighting the benefits of foods like peanuts and walnuts are consistently published, enticing consumers to include them in smoothies and other beverages. The market for peanut milk is anticipated to increase as a result of all these factors working together. One of the key factors anticipated to fuel the market expansion for peanut milk is the increase in demand for plant-based milk. Over the past few years, a great demand for naturally made plant-based milk has been recognized, and it is anticipated that this desire will persist during the projected period. One of the key elements driving market expansion is consumer attraction to natural milk with high nutritious content. Additionally, during the past several years, growth in vegan consumers has been seen in the global market. It is projected that as the vegan population grows, demand for plant-based milk products such as peanut milk would rise.

However, the market for peanut milk is expected to develop in the future due to the growing number of vegans. Veganism is the practice of using as no animal products as possible, especially in the diet. The vegan population is expanding quickly for a variety of reasons, including animal welfare, weight loss, and health problems. Thus, the rising vegan population globally is anticipated to support market growth. For instance, as per Veganuary, a non-profit organization, over 500,000 individuals have joined the vegan society, surpassing 2020’s total of 400,000 people. Peanut milk sales are increasing as a result of the growing vegan population. Additionally, the rise in the number of consumers allergic to dairy products, and the growing popularity of novel functional beverages are anticipated to create a lucrative opportunity for the market. However, the high price of plant-based products stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Peanut Milk Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the dominating region across the world in terms of market share, owing to the presence of key market players, rising production of peanut kernel, and growing demand for plant-based milk in the region. Whereas, Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period, owing to factors such as rising vegan population, growing number of consumers allergic to dairy products and rising demand for plant-based milk would create lucrative growth prospects for the Peanut Milk market across Asia Pacific region.

Major market player included in this report are:
Hangzhou Wahaha Group Co.,Ltd.
Yinlu foods Group
Elmhurst Milked Direct, LLC
Miruku
Yili Group
Hebei Chengde Lolo Co.,Ltd
Nutrinity Foundation
Good Karma Foods
Nest & Glow
Recent Developments in the Market:
In February 2020, Caramel dark chocolate peanut bars and caramel chocolate double dough pints, which each have 1g of net carbs and less than 1g of sugar per serving, have been added to the Brand Keto portfolio. Demand for peanut milk has surged as a result of the addition of peanuts.

Global Peanut Milk Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Nature, Packaging Type, Application, Sales Channel, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Nature:
Conventional
Organic
By Packaging Type:
Bottles
Aseptic cartoon
By Application:
Food processing industry
Bakery & confectionery
Beverages
Proteins bars & Supplements
Others
By Sales Channel:
Supermarket/Hypermarket
Convenience Stores
Specialty Stores
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
  1.2.1. Peanut Milk Market, by Region, 2019-2029 (USD Million)
  1.2.2. Peanut Milk Market, by Nature, 2019-2029 (USD Million)
  1.2.3. Peanut Milk Market, by Packaging Type, 2019-2029 (USD Million)
  1.2.4. Peanut Milk Market, by Application, 2019-2029 (USD Million)
  1.2.5. Peanut Milk Market, by Sales Channel, 2019-2029 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL PEANUT MILK MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL PEANUT MILK MARKET DYNAMICS

3.1. Peanut Milk Market Impact Analysis (2019-2029)
  3.1.1. Market Drivers
    3.1.1.1. Increase in demand for plant-based milk
    3.1.1.2. Growing number of vegans
  3.1.2. Market Challenges
    3.1.2.1. High Cost of Peanut Milk
  3.1.3. Market Opportunities
    3.1.3.1. Rise in number of consumers allergic to dairy products
    3.1.3.2. Growing popularity of novel functional beverages

CHAPTER 4. GLOBAL PEANUT MILK MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL PEANUT MILK MARKET, BY NATURE

6.1. Market Snapshot
6.2. Global Peanut Milk Market by Nature, Performance - Potential Analysis
6.3. Global Peanut Milk Market Estimates & Forecasts by Nature 2019-2029 (USD Million)
6.4. Peanut Milk Market, Sub Segment Analysis
  6.4.1. Organic
  6.4.2. Conventional

CHAPTER 7. GLOBAL PEANUT MILK MARKET, BY PACKAGING TYPE

7.1. Market Snapshot
7.2. Global Peanut Milk Market by Packaging Type, Performance - Potential Analysis
7.3. Global Peanut Milk Market Estimates & Forecasts by Packaging Type 2019-2029 (USD Million)
7.4. Peanut Milk Market, Sub Segment Analysis
  7.4.1. Bottles
  7.4.2. Aseptic cartoon

CHAPTER 8. GLOBAL PEANUT MILK MARKET, BY APPLICATION

8.1. Market Snapshot
8.2. Global Peanut Milk Market by Application, Performance - Potential Analysis
8.3. Global Peanut Milk Market Estimates & Forecasts by Application 2019-2029 (USD Million)
8.4. Peanut Milk Market, Sub Segment Analysis
  8.4.1. Food processing industry
  8.4.2. Bakery & confectionery
  8.4.3. Beverages
  8.4.4. Proteins bars & Supplements
  8.4.5. Others

CHAPTER 9. GLOBAL PEANUT MILK MARKET, BY SALES CHANNEL

9.1. Market Snapshot
9.2. Global Peanut Milk Market by Sales Channel, Performance - Potential Analysis
9.3. Global Peanut Milk Market Estimates & Forecasts by Sales Channel 2019-2029 (USD Million)
9.4. Peanut Milk Market, Sub Segment Analysis
  9.4.1. Supermarket/Hypermarket
  9.4.2. Convenience Stores
  9.4.3. Specialty Stores
  9.4.4. Others

CHAPTER 10. GLOBAL PEANUT MILK MARKET, REGIONAL ANALYSIS

10.1. Peanut Milk Market, Regional Market Snapshot
10.2. North America Peanut Milk Market
  10.2.1. U.S. Peanut Milk Market
    10.2.1.1. Nature breakdown estimates & forecasts, 2019-2029
    10.2.1.2. Packaging Type breakdown estimates & forecasts, 2019-2029
    10.2.1.3. Application breakdown estimates & forecasts, 2019-2029
    10.2.1.4. Sales Channel breakdown estimates & forecasts, 2019-2029
  10.2.2. Canada Peanut Milk Market
10.3. Europe Peanut Milk Market Snapshot
  10.3.1. U.K. Peanut Milk Market
  10.3.2. Germany Peanut Milk Market
  10.3.3. France Peanut Milk Market
  10.3.4. Spain Peanut Milk Market
  10.3.5. Italy Peanut Milk Market
  10.3.6. Rest of Europe Peanut Milk Market
10.4. Asia-Pacific Peanut Milk Market Snapshot
  10.4.1. China Peanut Milk Market
  10.4.2. India Peanut Milk Market
  10.4.3. Japan Peanut Milk Market
  10.4.4. Australia Peanut Milk Market
  10.4.5. South Korea Peanut Milk Market
  10.4.6. Rest of Asia Pacific Peanut Milk Market
10.5. Latin America Peanut Milk Market Snapshot
  10.5.1. Brazil Peanut Milk Market
  10.5.2. Mexico Peanut Milk Market
  10.5.3. Rest of Latin America Peanut Milk Market
10.6. Rest of The World Peanut Milk Market

CHAPTER 11. COMPETITIVE INTELLIGENCE

11.1. Top Market Strategies
11.2. Company Profiles
  11.2.1. Hangzhou Wahaha Group Co.,Ltd.
    11.2.1.1. Key Information
    11.2.1.2. Overview
    11.2.1.3. Financial (Subject to Data Availability)
    11.2.1.4. Product Summary
    11.2.1.5. Recent Developments
  11.2.2. Yinlu foods Group
  11.2.3. Elmhurst Milked Direct, LLC
  11.2.4. Miruku
  11.2.5. Yili Group
  11.2.6. Hebei Chengde Lolo Co.,Ltd
  11.2.7. Nutrinity Foundation
  11.2.8. Good Karma Foods
  11.2.9. Nest & Glow

CHAPTER 12. RESEARCH PROCESS

12.1. Research Process
  12.1.1. Data Mining
  12.1.2. Analysis
  12.1.3. Market Estimation
  12.1.4. Validation
  12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption
LIST OF TABLES

TABLE 1. Global Peanut Milk Market, report scope
TABLE 2. Global Peanut Milk Market estimates & forecasts by Region 2019-2029 (USD Million)
TABLE 3. Global Peanut Milk Market estimates & forecasts by Nature 2019-2029 (USD Million)
TABLE 4. Global Peanut Milk Market estimates & forecasts by Packaging Type 2019-2029 (USD Million)
TABLE 5. Global Peanut Milk Market estimates & forecasts by Application 2019-2029 (USD Million)
TABLE 6. Global Peanut Milk Market estimates & forecasts by Sales Channel 2019-2029 (USD Million)
TABLE 7. Global Peanut Milk Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 8. Global Peanut Milk Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 9. Global Peanut Milk Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 10. Global Peanut Milk Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 11. Global Peanut Milk Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 12. Global Peanut Milk Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 13. Global Peanut Milk Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 14. Global Peanut Milk Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 15. Global Peanut Milk Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 16. Global Peanut Milk Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 17. U.S. Peanut Milk Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 18. U.S. Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 19. U.S. Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 20. Canada Peanut Milk Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 21. Canada Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 22. Canada Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 23. UK Peanut Milk Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 24. UK Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 25. UK Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 26. Germany Peanut Milk Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 27. Germany Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 28. Germany Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 29. France Peanut Milk Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 30. France Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 31. France Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 32. Italy Peanut Milk Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 33. Italy Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 34. Italy Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 35. Spain Peanut Milk Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 36. Spain Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 37. Spain Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 38. RoE Peanut Milk Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 39. RoE Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 40. RoE Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 41. China Peanut Milk Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 42. China Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 43. China Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 44. India Peanut Milk Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 45. India Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 46. India Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 47. Japan Peanut Milk Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 48. Japan Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 49. Japan Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 50. South Korea Peanut Milk Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 51. South Korea Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 52. South Korea Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 53. Australia Peanut Milk Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 54. Australia Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 55. Australia Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 56. RoAPAC Peanut Milk Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 57. RoAPAC Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 58. RoAPAC Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 59. Brazil Peanut Milk Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 60. Brazil Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 61. Brazil Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 62. Mexico Peanut Milk Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 63. Mexico Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 64. Mexico Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 65. RoLA Peanut Milk Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 66. RoLA Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 67. RoLA Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 68. Row Peanut Milk Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 69. Row Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 70. Row Peanut Milk Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 71. List of secondary sources, used in the study of global Peanut Milk Market
TABLE 72. List of primary sources, used in the study of global Peanut Milk Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
LIST OF FIGURES

FIG 1. Global Peanut Milk Market, research methodology
FIG 2. Global Peanut Milk Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Peanut Milk Market, key trends 2021
FIG 5. Global Peanut Milk Market, growth prospects 2022-2029
FIG 6. Global Peanut Milk Market, porters 5 force model
FIG 7. Global Peanut Milk Market, pest analysis
FIG 8. Global Peanut Milk Market, value chain analysis
FIG 9. Global Peanut Milk Market by segment, 2019 & 2029 (USD Million)
FIG 10. Global Peanut Milk Market by segment, 2019 & 2029 (USD Million)
FIG 11. Global Peanut Milk Market by segment, 2019 & 2029 (USD Million)
FIG 12. Global Peanut Milk Market by segment, 2019 & 2029 (USD Million)
FIG 13. Global Peanut Milk Market by segment, 2019 & 2029 (USD Million)
FIG 14. Global Peanut Milk Market, regional snapshot 2019 & 2029
FIG 15. North America Peanut Milk Market 2019 & 2029 (USD Million)
FIG 16. Europe Peanut Milk Market 2019 & 2029 (USD Million)
FIG 17. Asia pacific Peanut Milk Market 2019 & 2029 (USD Million)
FIG 18. Latin America Peanut Milk Market 2019 & 2029 (USD Million)
FIG 19. Global Peanut Milk Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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