Peanut powder is made from crushed peanuts, depending on the quality of peanuts. The drinkable peanut powder is plant-based protein and is made by grinding the roasted peanuts. The drinkable peanut powder is used in applications such as smoothies and flavored beverages as peanut powder contains 85% natural oil and 50% of calories. They can be available in department stores, supermarkets, hypermarkets, and retail stores.

Market Dynamics

The global drinkable peanut powder market has witnessed significant growth in recent past year, owing to the rising demand for drinkable peanut powder among consumer. Based on applications, global drinkable peanut powder market is bifurcated in shakes, smoothies, and flavored beverages. The major application of drinkable peanut powder is shakes across the world, owing to the rising demand for peanut shakes among young consumers. This is estimated to foster the market growth in forecast timeframe.

Based on type, the global drinkable peanut powder market is divided into soluble and insoluble peanut powder. Among these segments, the soluble peanut powder is easy dissolvable and ready-to-eat. This type of powder dominated the global drinkable peanut powder market in 2018, owing to the growing demand for soluble peanut powder among consumers. Furthermore, the rising demand for soluble peanut powder from the food & beverages industry is expected to boost the market growth of global drinkable peanut powder in forecast period.

Furthermore, North America dominated the global drinkable peanut powder market in 2018, owing to the increasing demand for protein enriched beverages, nutritious products and plant-based protein beverages among the health conscious consumer from this region. As a result, this scenario is estimated to foster the growth of global drinkable peanut powder market in forecast timeframe.

Key features of the study

• This report provides in-depth analysis of the global drinkable peanut powder market, market size (US$ Million), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2026–2033).
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, drinkable peanut products, regional outlook, and competitive strategy adopted by the leading players.
• Key companies covered as a part of this study includes The J.M. Smucker Company, Golden Peanut and Tree Nuts, Santa Cruz Natural Incorporated, Bell Research Companies, Peanut Butter & Co., The Tru-Nut Company, Sukrin Ltd., Protein Plus, LLC, Better Body Foods, Nutrinity Foundation
• It profiles leading players in the global drinkable peanut powder market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and future plans.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics.
• The global drinkable peanut powder market report caters to various stakeholders in this industry, including investors, product developers, distributors, drinkable peanut powder product companies, research institutes, new entrants, and financial analysts.
• Stakeholders would greatly benefit in decision-making through the various strategy matrices used in analyzing the global drinkable peanut powder market.

Market Segmentation

• By Type Insights (Revenue, US$ Mn, 2021 - 2033)
  • Soluble (Powder)
  • Insoluble (Particle)
• By Application Insights (Revenue, US$ Mn, 2021 - 2033)
  • Shakes
  • Smoothies
  • Flavored Beverages
• By Distribution Insights (Revenue, US$ Mn, 2021 - 2033)
  • Super Markets & Hypermarket
  • Departmental stores
  • Online Retailing
• By Region Insights (Revenue, US$ Mn, 2021 - 2033)
  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • Spain
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • Middle East
    • GCC Countries
    • Israel
    • Rest of Middle East
  • Africa
    • South Africa
    • North Africa
    • Central Africa
• Key Players
  • The J.M. Smucker Company
  • Golden Peanut and Tree Nuts
  • Santa Cruz Natural Incorporated
  • Bell Research Companies
  • Peanut Butter & Co.
  • The Tru-Nut Company
  • Sukrin Ltd.
  • Protein Plus, LLC
  • Better Body Foods
  • Nutrinity Foundation