Demand for Lactose-free Milk to drive the Peanut Milk Market, reaching US$ 571.8 Million by the year 2032 at a CAGR of 7.9% | Future Market Insights, Inc

NEWARK, Del: The global peanut milk market is valued at US$ 267.7 Million as of now and is expected to reach US$ 571.8 Million by the year 2032 at a CAGR of 7.9% between 2022 and 2032.

Peanut milk could be referred to as a non-dairy beverage that contains vitamins, peanuts, and minerals like vitamin B3 and manganese. Those who are allergic to dairy products could find peanut milk as a good substitute going forward. With consumers preferring high-nutrient natural milk, the peanut milk market is likely to witness an escalation in the forecast period.

Peanut milk, apart from water, and peanuts, could contain sugar, salt, or cinnamon as well. Nutritional benefits include being rich in vitamin B6, vitamin E, and protein.

For Details on Vendors and Their Offerings – Request A Sample Report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-11653

Peanut milk gives tough competition to other types of plant-based milk that are manufactured on a large scale. They include rice, almond, and cashew milk. With veganism taking an exponential course, Spain, France, Sweden, and Australia are dominating the market. The US is already leading on this count. In Sweden, the production of peanut milk has increased fourfold. This data comes from the Plant-Based Foods Association’s examination of store sales statistics.

In countries like Nigeria, unpeeled or peeled groundnuts are blended as well as blended for some time. Peanut milk gets served chilled and cold using ice cubes and a refrigerator.

Peanut milk’s basic form is made with water, peanuts, a blender, water, and cheesecloth. Firstly, peanuts need to be put in a jar that is large enough to hold; followed by soaking them in water for 6 hours (minimum).

It needs to be noted that the cultivation of peanuts is majorly concentrated in drier climates such as the US Midwestern and Mideastern parts. Peanuts do need less water to get cultivated. In other words, an ounce of peanuts gets produced through 3.2 gallons of water. This could be credited to the fact that the structure of the peanut plant is pretty compact and it also takes less biomass for absorbing water.

Peanut milk is found to be creamier as compared to its counterparts as it has a sizable quantity of fats and proteins. On the other hand, lectins herein are likely of limiting the absorption of glucose in the intestine, which could adversely affect the consumption of calories.

Future Market Insights has walked through these findings with insights in its latest market study entitled ‘Peanut Milk Market’. Its indigenous team of analysts and consultants is there with primary, secondary, and tertiary modes of research to execute.

“With exuberant demand for non-dairy milk, the peanut milk market is expected to grow on a good note in the upcoming period”, says an analyst from Future Market Insights.

Key Takeaways from Peanut Milk Market

• North America holds the largest market share due to the US having a larger population intolerant to lactose.
• The Asia-Pacific is expected to grow at the fastest rate in the peanut milk market in the near future. This could be reasoned with China leading from the front.
• Europe is expected to witness maturity in the peanut milk market in the forecast period.

Our advisory services are aimed at helping you with specific, customized insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you@ https://www.futuremarketinsights.com/ask-question/rep-gb-11653

Competitive Landscape

• Brand Keto got two novel flavors added to its collection in February 2020. They were caramel chocolate double dough pints and caramel dark chocolate peanut bars. Both of them are abreast with 1 gram of net carbohydrates and less than a gram of sugar/serving.
• Nutrinity Foundation is known for producing, exporting, and supplying quality peanut ingredients (peanut protein powder, peanut granules, and roti booster) to the food industries across the globe.
• Miruku is known for nutritious and delicious all-natural plant-based milk.

Key players in the Peanut Milk Market

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

What does the Report stick to?

• The research study is based on nature (organic and conventional), by sales channel (food processing industry, bakery, confectionery, ice-cream and desserts, beverages, protein bars, cereals, food service providers, retail/household, and likewise), by price range (economic, mid-range, and premium), by distribution channel (store-based retailing, hypermarkets, supermarkets, convenience stores, speciality stores, HoReCa, independent small groceries, and online retailing), and by packaging (plastic & glass bottles, pouches, carton packaging, and cans).
• Aseptic cartons account for the highest market share in the peanut milk market due to them being increasingly used for non-sterile products like yogurt and pre-sterilized products such as soups, milk, and juices.

For in-depth competitive analysis, Buy Now@ https://www.futuremarketinsights.com/checkout/11653

Market Segmentation

By Nature:

• Conventional
• Organic

By Sales Channel:

• Food Processing Industry
• Bakery
• Confectionery
• Ice-cream and Desserts
• Beverages
• Protein Bars
• Cereals
• Others
• Food Service Providers
• Retail/ Household

By Price Range:

• Economic
• Mid-range
• Premium

By Distribution Channel:

• Store-based Retailing
• Hypermarkets
• Supermarkets
• Convenience Stores
• Specialty Stores
• HoReCa
• Independent Small Groceries
• Online Retailing

By Packaging:

• Plastic & Glass Bottles
• Pouches
• Carton Packaging
• Cans

Have a Look at Related Reports of the Food and Beverages domain

Compound feed Market Share: According to the research report published by FMI, the global market is projected to cross a valuation of US$ 418 billion in 2023. It is predicted to surpass a valuation of US$ 674.42 billion by 2033.

Food and Beverages Color Fixing Agents Market Trends: The F&B color fixing agents demand is estimated to expand at a CAGR of 4.7% in the forecast period. The food and beverages color fixing agents market size is projected to reach US$ 4.14 billion by 2033, up from US$ 2.62 billion in 2023.

Feed Phosphate Market Forecast: The global feed phosphate market is projected to achieve a value of US$ 3.61 billion in 2023 and US$ 4.84 billion by 2033, expanding at a CAGR of 4% from 2023 to 2033.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai and has delivery centers in the UK, US, and India. FMI's latest market research reports and industry analysis helps businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports delivering actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact Us:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware - 19713, USA

T: +1-845-579-5705

LinkedIn| Twitter| Blogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com

Report: https://www.futuremarketinsights.com/reports/peanut-milk-market