March 20, 2020:The Kraft Heinz Company, a global food company, took their responsibility of feeding consumers very seriously and promised to donate USD 12 million globally to make sure people across the globe have the food they require during this challenging period.
March 17, 2020: Hormel Foods, a global food company brand, has taken cautious actions to safeguard its global workforce of 20,000 team fellows and stakeholders during the COVID-19 pandemic. Also, the company declared its pledge of USD 1 million in cash and product donations for hunger relief and food insecurity resulting due to this crisis.
Author Credits: Parul Atri
Report ID: 2716
Published Date: Dec 23, 2024
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of peanut butter is estimated at USD 7.12 billion.
Peanut Butter Market size was over USD 6.74 billion in 2024 and is anticipated to cross USD 15.47 billion by 2037, growing at more than 6.6% CAGR during the forecast period i.e., between 2025-2037.
North America industry is set to hold largest revenue share by 2037, as peanut butter is considered as a staple food for breakfast in the region.
The major players in the market are The J.M. Smucker Company, ConAgra Foods, Inc., Dr. Oetker India Pvt Ltd, Algood Food Company, Kraft Heinz Canada ULC, Unilever, Procter & Gamble, and others.