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: Oct 17, 2024
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
In the year 2024, the industry size of peanut butter is evaluated at USD 6.65 billion.
Peanut Butter Market size was over USD 6.32 billion in 2023 and is poised to exceed USD 14.51 billion by 2036, witnessing over 6.6% CAGR during the forecast period i.e., between 2024-2036.
North America industry is predicted to hold largest revenue share by 2036, 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.