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.
%PDF-1.4 % 2 0 obj <>stream x{TT]X)>@`3"Xh}TIZ cLqc0' V1Ǧ 6jæMQ*`ϭ-QDw^,*:~s{ RH+,ܳtZw.$2Zxԯ\H5yUA۵\Hmq)Mobm`y!yW^JlB