Peanut Butter

Description:

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Peanut Butter

Description:

Peanut butter is not “butter” but butter like product made from ground nut or peanut. It consists essentially of cleaned, graded, blanched, roasted and crushed groundnuts containing about 45 percent of oil and over 25 percent of proteins, being thus a highly nutritive food. Since India occupies the first position both in regard to the area and the production of groundnut, in the world, it is bound to explore all the qualitative values of groundnut, and use it to the maximum. Plant and machinery required for the manufacture of peanut butter are not much sophisticated and can be procured indigenously. The unit can be installed within S.S.I. Limit; hence all the facilities provided by Government of India for S.S.I. Units can be availed, fully. Marketing is no problem for such a cheaper and nutritive food. “Peanut butter is the food prepared by grinding one of the shelled and roasted peanut, to which may be added seasoning and stabilizing ingredients, but such seasoning an stabilizing ingredients do not in the aggregate exceed 10% of the weight of the finished product. To the ground peanuts, cut or chopped, shelled, and roasted peanuts may be added. During processing the oil content of the peanut ingredient may be adjusted by the addition or subtraction of peanut oil. China and India together are the world's leading groundnut producers accounting for nearly 60 percent of the production and 52 percent of the crop area. India cultivates about 7.74 million hectares and produces 7.61 million tonnes of groundnut with the productivity level of 991.8 kg per ha. South Africa is the major producer in Africa, while in Latin America almost one half of the total groundnut produced in that region may be credited to Argentina. Among the developing countries Egypt has the highest productivity and capacity to produce groundnuts. Though India is world’s largest producer of peanuts, however, manufacturing of peanut butter is not a significant activity. So any new entrants can venture in to this industry. Few Indian Major Players are as under:- Sonya Foods Pvt. Ltd. United Foods Bharat Kernels Pvt. Ltd.

Peanut Butter

Description:

Peanut butter is a food paste made from ground nut or peanut. It consists essentially of cleaned, graded, blanched, roasted and crushed groundnuts containing about 45 percent of oil and over 25 percent of proteins, being thus a highly nutritive food.  The major groundnut-producing countries of the world are India, China, Nigeria, Senegal, Sudan, Burma and the USA. The peanuts are shelled and dry-roasted the skins are removed and the nuts are finally ground. This material is blended with salt and other ingredients that may include hydrogenated fat, dextrose, corn syrup solids, and lecithin and anti-oxidants.

Plant and machinery required for the manufacture of peanut butter are not much sophisticated and can be procured indigenously. Peanut butter is used for making Sandwiches, candy and other bakery products.

The consumption of peanut butter is less than 1% compare to milk butter, however we can say that it’s growing steadily. More use of ready to eat products in breakfast and an awareness of getting good protein and fibre, the sale of peanut butter is found more in corporate areas of metros. As per the industry estimates, annually 10,000 to 12,000 tonnes of peanut butter is produced in the India and over 90% is exported across the globe. Thus, as an entrepreneur this project offers an exciting opportunity to you.

Few Indian Major Players are as under

·         Ruparel Foods Pvt. Ltd.

·         Agro Tech Foods Ltd.

·         BONVILLE FOODS PVT. LTD.

·         United Foods

·         R.M.FOODS

·         Super Nutri Foods

·         Sonya Foods PVT. LTD.

·         Das Foodtech Pvt. Ltd.

·         Saaz Foods

Peanut Butter

Description:

Peanut butter is the food prepared by grinding one of the shelled and roasted peanut. Peanut butter is a food paste made from ground nut or peanut. It consists essentially of cleaned, graded, blanched, roasted and crushed groundnuts containing about 45 percent of oil and over 25 percent of proteins, being thus a highly nutritive food. Peanuts can be eaten as straight food, used in recipes.

The India Peanut Butter market Size will be 3.3 Billion USD in 2023, with a CAGR of 13% between 2018 and 2023. Major market presence of peanut butter is in western countries in comparison to Asian countries such as India as product is relatively new to the Asian region. As a whole there is a good scope for new entrepreneur to invest in this business.

Few Indian major players are as under

·         Dr. Oetker India Pvt. Ltd.

·         Innovative Foods Ltd.

·         Sampre Nutritions Ltd.

·         Sundrop Foods India Pvt. Ltd.

·         Veeba Food Services Pvt. Ltd.

 

Peanut Butter

Description:

Peanut butter is a food paste made from ground nut or peanut. It consists essentially of cleaned, graded, blanched, roasted and crushed groundnuts containing about 45 percent of oil and over 25 percent of proteins, being thus a highly nutritive food. The paste is used in preparation of side dishes and is also cooked with vegetables, pearled sorghum and maize to make a variety of dishes.

Indian butter market was valued at INR 420 crore in the year 2011-12 in value terms. On the other hand, cheese spread is expected to have market value of 5473 metric ton at the end of forecast period. Peanut butter market is expected to have growth rate more than 10% from 2017-18 to 2022-23. The India Peanut Butter market Size will be 3.3 Billion USD in 2023, with a CAGR of 13% between 2018 and 2023. This facilitates the development of new technologies and ensures a high quality product.

 

 

Few Indian major players are as under

·         Dr. Oetker India Pvt. Ltd.

·         Innovative Foods Ltd.

·         Sampre Nutritions Ltd.

·         Sundrop Foods India Pvt. Ltd.

·         Veeba Food Services Pvt. Ltd.

 

Peanut Butter

Description:

Peanut butter is a food paste made from ground nut or peanut. It consists essentially of cleaned, graded, blanched, roasted and crushed groundnuts containing about 45 percent of oil and over 25 percent of proteins, being thus a highly nutritive food.Since India occupies the first position both in regard tothe area and the production of groundnut, in the world, it is bound to explore all the qualitative values of groundnut, and use it to the maximum.

The major groundnut-producing countries of the world are India, China, Nigeria, Senegal, Sudan, Burma and the USA. Out of the total area of 18.9 million hectares and the total production of 17.8 million tonnes in the world, these countries account for 69% of the area and 70% of the production. India occupies the position, both in regard to the area and the production, in the world. About 7.5 million hectares is put under it annually and the production is about 6 million tonnes. 70% of the area and 75% of the production are concentrated in the four states of Gujarat, Andhra Pradesh, Tamil Nadu and Karnataka. Andhra Pradesh, Tamil Nadu, Karnataka and Orissa have irrigated area forms about 6% of the total groundnut area in India. In United State's half the crop is processedintoedible productsmainlypeanut butter, otherproductsincludepeanut candy,salted nuts peanut butter is made and consumedprimarily in the U.S. The peanuts are shelled and dry-roasted the skins are removed and the nuts are finally ground.

Global trade of Indian Peanuts or Indian Groundnut oil is to the maximum of 100000 tons a year. EU and major importers. Senegal and Argentina are the major Peanuts exporters.

Around 75% of the crop is produced in khariff (June - September) and remaining 25% in Rabi (November - March). India exported around 100000 tons of groundnut oil in 2003-04 after 4 decades, as crop failed in Senegal and Argentina. Peanuts or Groundnut kernels are approx. 70% of weight in shells and kernels have an oil recovery of 40-42%.

China (2-2.5 million tons), India (1.5-2 million tons) is the major producers of groundnut oil, followed by Sub-Saharan African countries and Central and South America.

Groundnut is the major oilseed of India. It accounts for around 25% of the total oilseed production of the country. Annual production of Indian Peanuts and Indian Peanuts oil are around 5-8mln and 1.5 mln tons respectively. Peanuts Production is highly vulnerable to rainfall deviations and display huge fluctuation between years.

Various drivers for peanut butter market includes rising demand for nutritious products coupled with increasing disposable income of consumers especially in developing countries. Other drivers that fuel the growth of peanut butter market are increasing demand for low calorie healthy food and emergence of hectic life schedule. Changing lifestyle coupled with shift towards the intake of convenient food are also factors that are expected to drive the peanut butter market in the coming four to five years. Major restraint that is expected to hamper the growth of the overall peanut butter market is the availability of peanut at relatively competitive prices coupled with fluctuating production of peanuts especially in India.

Few Indian major players are as under

Gujarat Co-operative Milk Marketing Federation Ltd

Agro Tech Foods Limited

Dr. Oetker India Pvt Ltd

Parag Milk Foods Limited

Britannia Dairy Private Limited

Mother Dairy Fruit & Vegetable Private Limited