Europe Peanut Butter Market Size, Share & Trends Analysis Report By Type (Crunchy, Creamy, and Other), By Distribution Channel (Offline, and Online). By Country and Growth Forecast, 2024 - 2031

The Europe Peanut Butter Market would witness market growth of 6.5% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 1734.6 hundred Tonnes, showcasing a growth of 2.3% (2020-2023).

Crunchy peanut butter appeals to individuals seeking a satisfyingly textured spread with discernible nutty pieces. This variant typically contains whole or coarsely ground peanuts, providing a delightful crunchiness that contrasts with the smoothness of traditional creamy peanut butter. Crunchy peanut butter's popularity stems from its versatility, as it can be used in various culinary applications, including sandwiches, baking, and as a topping for fruits or crackers. Therefore, the UK market consumed 180.05 hundred Tonnes of crunchy peanut butter in 2023.

The Germany market dominated the Europe Peanut Butter Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $648.2 Million by 2031. The UK market is exhibiting a CAGR of 6.3% during (2024 - 2031). Additionally, The France market would experience a CAGR of 7% during (2024 - 2031).

Flavor innovation is driving the introduction of exciting new flavor infusions and combinations in the peanut butter market. Likewise, peanut butter brands are enhancing the nutritional profile of their products by incorporating additional nutrient boosts such as protein powders, superfood blends, and functional ingredients like chia seeds, flaxseeds, and hemp hearts. These nutrient-enhanced peanut butter varieties offer health benefits and appeal to consumers seeking functional food options.

Moreover, in response to growing food allergies and sensitivities, peanut butter companies are creating allergen-friendly varieties to satisfy customers' dietary requirements. Brands are introducing peanut butter alternatives made from alternative nuts and seeds such as almonds, cashews, sunflower seeds, and pumpkin seeds, offering allergen-friendly alternatives for individuals with peanut allergies or intolerances.

The growing popularity of health and wellness in the UK has contributed significantly to the rise in peanut butter demand. As consumers in the UK become more health-conscious and seek out nutritious and wholesome food options, peanut butter has emerged as a popular choice due to its nutritional profile, versatility, and taste. Thus, the growing food service sector and health & wellness trends in Europe will assist in the expansion of the regional peanut butter market.

Free Valuable Insights: The Global Peanut Butter Market will Hit USD 9.9 Billion by 2031, at a CAGR of 6.8%

Based on Type, the market is segmented into Crunchy, Creamy, and Other. Based on Distribution Channel, the market is segmented into Offline, and Online. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

• The Procter & Gamble Company
• Unilever PLC
• Hormel Foods Corporation (MegaMex Foods, LLC)
• The Kraft Heinz Company
• Associated British Foods PLC (Wittington Investments Limited)
• The Hershey Company
• Mars, Inc.
• Dr. August Oetker KG
• The J.M Smucker Company
• Algood Food Company (Bowman Andros Products, LLC)

Europe Peanut Butter Market Report Segmentation

By Type (Volume, Hundred Tonnes, USD Billion, 2020-2031)

• Crunchy
• Creamy
• Other

By Distribution Channel (Volume, Hundred Tonnes, USD Billion, 2020-2031)

• Offline
• Online

By Country (Volume, Hundred Tonnes, USD Billion, 2020-2031)

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Chapter 1. MarketScope & Methodology
1.1 MarketDefinition
1.2 Objectives
1.3 MarketScope
1.4 Segmentation
1.4.1 Europe Peanut Butter Market, by Type
1.4.2 Europe Peanut Butter Market, by Distribution Channel
1.4.3 Europe Peanut Butter Market, by Country
1.5 Methodology for the research

Chapter 2. Marketat a Glance
2.1 Key Highlights

Chapter 3. MarketOverview
3.1 Introduction
3.1.1 Overview
3.1.1.1 MarketComposition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 MarketDrivers
3.2.2 MarketRestraints
3.2.3 MarketOpportunities
3.2.4 MarketChallenges
3.3 Porter’s Five Forces Analysis

Chapter 4. Recent Strategies Deployed in Peanut Butter Market

Chapter 5. Europe Peanut Butter Market by Type
5.1 Europe Crunchy Market by Country
5.2 Europe Creamy Market by Country
5.3 Europe Other Market by Country

Chapter 6. Europe Peanut Butter Market by Distribution Channel
6.1 Europe Offline Market by Country
6.2 Europe Online Market by Country

Chapter 7. Europe Peanut Butter Market by Country
7.1 Germany Peanut Butter Market
7.1.1 Germany Peanut Butter Market by Type
7.1.2 Germany Peanut Butter Market by Distribution Channel
7.2 UK Peanut Butter Market
7.2.1 UK Peanut Butter Market by Type
7.2.2 UK Peanut Butter Market by Distribution Channel
7.3 France Peanut Butter Market
7.3.1 France Peanut Butter Market by Type
7.3.2 France Peanut Butter Market by Distribution Channel
7.4 Russia Peanut Butter Market
7.4.1 Russia Peanut Butter Market by Type
7.4.2 Russia Peanut Butter Market by Distribution Channel
7.5 Spain Peanut Butter Market
7.5.1 Spain Peanut Butter Market by Type
7.5.2 Spain Peanut Butter Market by Distribution Channel
7.6 Italy Peanut Butter Market
7.6.1 Italy Peanut Butter Market by Type
7.6.2 Italy Peanut Butter Market by Distribution Channel
7.7 Rest of Europe Peanut Butter Market
7.7.1 Rest of Europe Peanut Butter Market by Type
7.7.2 Rest of Europe Peanut Butter Market by Distribution Channel

Chapter 8. Company Profiles
8.1 The Procter & Gamble Company
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 SWOT Analysis
8.2 Unilever PLC
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Product Launches and Product Expansions:
8.2.6 SWOT Analysis
8.3 Hormel Foods Corporation (MegaMex Foods, LLC)
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Acquisition and Mergers:
8.3.6 SWOT Analysis
8.4 The Kraft Heinz Company
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expense
8.4.5 SWOT Analysis
8.5 Associated British Foods PLC (Wittington Investments Limited)
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 SWOT Analysis
8.6 The Hershey Company
8.6.1 Company overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Recent strategies and developments:
8.6.4.1 Partnerships, Collaborations, and Agreements:
8.6.4.2 Product Launches and Product Expansions:
8.6.4.3 Acquisition and Mergers:
8.6.4.4 Geographical Expansions:
8.6.5 SWOT Analysis
8.7 Mars, Inc.
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Product Launches and Product Expansions:
8.7.3 SWOT Analysis
8.8 Dr. August Oetker KG
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 SWOT Analysis
8.9 The J.M Smucker Company
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Product Launches and Product Expansions:
8.9.5.2 Acquisition and Mergers:
8.9.6 SWOT Analysis
8.10. Algood Food Company (Bowman Andros Products, LLC)
8.10.1 Company Overview
8.10.2 SWOT Analysis

TABLE 1 Europe Peanut Butter Market, 2020 - 2023, USD Million
TABLE 2 Europe Peanut Butter Market, 2024 - 2031, USD Million
TABLE 3 Europe Peanut Butter Market, 2020 - 2023, Hundred Tonnes
TABLE 4 Europe Peanut Butter Market, 2024 - 2031, Hundred Tonnes
TABLE 5 Europe Peanut Butter Market by Type, 2020 - 2023, USD Million
TABLE 6 Europe Peanut Butter Market by Type, 2024 - 2031, USD Million
TABLE 7 Europe Peanut Butter Market by Type, 2020 - 2023, Hundred Tonnes
TABLE 8 Europe Peanut Butter Market by Type, 2024 - 2031, Hundred Tonnes
TABLE 9 Europe Crunchy Market by Country, 2020 - 2023, USD Million
TABLE 10 Europe Crunchy Market by Country, 2024 - 2031, USD Million
TABLE 11 Europe Crunchy Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 12 Europe Crunchy Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 13 Europe Creamy Market by Country, 2020 - 2023, USD Million
TABLE 14 Europe Creamy Market by Country, 2024 - 2031, USD Million
TABLE 15 Europe Creamy Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 16 Europe Creamy Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 17 Europe Other Market by Country, 2020 - 2023, USD Million
TABLE 18 Europe Other Market by Country, 2024 - 2031, USD Million
TABLE 19 Europe Other Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 20 Europe Other Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 21 Europe Peanut Butter Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 22 Europe Peanut Butter Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 23 Europe Peanut Butter Market by Distribution Channel, 2020 - 2023, Hundred Tonnes
TABLE 24 Europe Peanut Butter Market by Distribution Channel, 2024 - 2031, Hundred Tonnes
TABLE 25 Europe Offline Market by Country, 2020 - 2023, USD Million
TABLE 26 Europe Offline Market by Country, 2024 - 2031, USD Million
TABLE 27 Europe Offline Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 28 Europe Offline Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 29 Europe Online Market by Country, 2020 - 2023, USD Million
TABLE 30 Europe Online Market by Country, 2024 - 2031, USD Million
TABLE 31 Europe Online Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 32 Europe Online Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 33 Europe Peanut Butter Market by Country, 2020 - 2023, USD Million
TABLE 34 Europe Peanut Butter Market by Country, 2024 - 2031, USD Million
TABLE 35 Europe Peanut Butter Market by Country, 2020 - 2023, Hundred Tonnes
TABLE 36 Europe Peanut Butter Market by Country, 2024 - 2031, Hundred Tonnes
TABLE 37 Germany Peanut Butter Market, 2020 - 2023, USD Million
TABLE 38 Germany Peanut Butter Market, 2024 - 2031, USD Million
TABLE 39 Germany Peanut Butter Market, 2020 - 2023, Hundred Tonnes
TABLE 40 Germany Peanut Butter Market, 2024 - 2031, Hundred Tonnes
TABLE 41 Germany Peanut Butter Market by Type, 2020 - 2023, USD Million
TABLE 42 Germany Peanut Butter Market by Type, 2024 - 2031, USD Million
TABLE 43 Germany Peanut Butter Market by Type, 2020 - 2023, Hundred Tonnes
TABLE 44 Germany Peanut Butter Market by Type, 2024 - 2031, Hundred Tonnes
TABLE 45 Germany Peanut Butter Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 46 Germany Peanut Butter Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 47 Germany Peanut Butter Market by Distribution Channel, 2020 - 2023, Hundred Tonnes
TABLE 48 Germany Peanut Butter Market by Distribution Channel, 2024 - 2031, Hundred Tonnes
TABLE 49 UK Peanut Butter Market, 2020 - 2023, USD Million
TABLE 50 UK Peanut Butter Market, 2024 - 2031, USD Million
TABLE 51 UK Peanut Butter Market, 2020 - 2023, Hundred Tonnes
TABLE 52 UK Peanut Butter Market, 2024 - 2031, Hundred Tonnes
TABLE 53 UK Peanut Butter Market by Type, 2020 - 2023, USD Million
TABLE 54 UK Peanut Butter Market by Type, 2024 - 2031, USD Million
TABLE 55 UK Peanut Butter Market by Type, 2020 - 2023, Hundred Tonnes
TABLE 56 UK Peanut Butter Market by Type, 2024 - 2031, Hundred Tonnes
TABLE 57 UK Peanut Butter Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 58 UK Peanut Butter Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 59 UK Peanut Butter Market by Distribution Channel, 2020 - 2023, Hundred Tonnes
TABLE 60 UK Peanut Butter Market by Distribution Channel, 2024 - 2031, Hundred Tonnes
TABLE 61 France Peanut Butter Market, 2020 - 2023, USD Million
TABLE 62 France Peanut Butter Market, 2024 - 2031, USD Million
TABLE 63 France Peanut Butter Market, 2020 - 2023, Hundred Tonnes
TABLE 64 France Peanut Butter Market, 2024 - 2031, Hundred Tonnes
TABLE 65 France Peanut Butter Market by Type, 2020 - 2023, USD Million
TABLE 66 France Peanut Butter Market by Type, 2024 - 2031, USD Million
TABLE 67 France Peanut Butter Market by Type, 2020 - 2023, Hundred Tonnes
TABLE 68 France Peanut Butter Market by Type, 2024 - 2031, Hundred Tonnes
TABLE 69 France Peanut Butter Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 70 France Peanut Butter Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 71 France Peanut Butter Market by Distribution Channel, 2020 - 2023, Hundred Tonnes
TABLE 72 France Peanut Butter Market by Distribution Channel, 2024 - 2031, Hundred Tonnes
TABLE 73 Russia Peanut Butter Market, 2020 - 2023, USD Million
TABLE 74 Russia Peanut Butter Market, 2024 - 2031, USD Million
TABLE 75 Russia Peanut Butter Market, 2020 - 2023, Hundred Tonnes
TABLE 76 Russia Peanut Butter Market, 2024 - 2031, Hundred Tonnes
TABLE 77 Russia Peanut Butter Market by Type, 2020 - 2023, USD Million
TABLE 78 Russia Peanut Butter Market by Type, 2024 - 2031, USD Million
TABLE 79 Russia Peanut Butter Market by Type, 2020 - 2023, Hundred Tonnes
TABLE 80 Russia Peanut Butter Market by Type, 2024 - 2031, Hundred Tonnes
TABLE 81 Russia Peanut Butter Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 82 Russia Peanut Butter Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 83 Russia Peanut Butter Market by Distribution Channel, 2020 - 2023, Hundred Tonnes
TABLE 84 Russia Peanut Butter Market by Distribution Channel, 2024 - 2031, Hundred Tonnes
TABLE 85 Spain Peanut Butter Market, 2020 - 2023, USD Million
TABLE 86 Spain Peanut Butter Market, 2024 - 2031, USD Million
TABLE 87 Spain Peanut Butter Market, 2020 - 2023, Hundred Tonnes
TABLE 88 Spain Peanut Butter Market, 2024 - 2031, Hundred Tonnes
TABLE 89 Spain Peanut Butter Market by Type, 2020 - 2023, USD Million
TABLE 90 Spain Peanut Butter Market by Type, 2024 - 2031, USD Million
TABLE 91 Spain Peanut Butter Market by Type, 2020 - 2023, Hundred Tonnes
TABLE 92 Spain Peanut Butter Market by Type, 2024 - 2031, Hundred Tonnes
TABLE 93 Spain Peanut Butter Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 94 Spain Peanut Butter Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 95 Spain Peanut Butter Market by Distribution Channel, 2020 - 2023, Hundred Tonnes
TABLE 96 Spain Peanut Butter Market by Distribution Channel, 2024 - 2031, Hundred Tonnes
TABLE 97 Italy Peanut Butter Market, 2020 - 2023, USD Million
TABLE 98 Italy Peanut Butter Market, 2024 - 2031, USD Million
TABLE 99 Italy Peanut Butter Market, 2020 - 2023, Hundred Tonnes
TABLE 100 Italy Peanut Butter Market, 2024 - 2031, Hundred Tonnes
TABLE 101 Italy Peanut Butter Market by Type, 2020 - 2023, USD Million
TABLE 102 Italy Peanut Butter Market by Type, 2024 - 2031, USD Million
TABLE 103 Italy Peanut Butter Market by Type, 2020 - 2023, Hundred Tonnes
TABLE 104 Italy Peanut Butter Market by Type, 2024 - 2031, Hundred Tonnes
TABLE 105 Italy Peanut Butter Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 106 Italy Peanut Butter Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 107 Italy Peanut Butter Market by Distribution Channel, 2020 - 2023, Hundred Tonnes
TABLE 108 Italy Peanut Butter Market by Distribution Channel, 2024 - 2031, Hundred Tonnes
TABLE 109 Rest of Europe Peanut Butter Market, 2020 - 2023, USD Million
TABLE 110 Rest of Europe Peanut Butter Market, 2024 - 2031, USD Million
TABLE 111 Rest of Europe Peanut Butter Market, 2020 - 2023, Hundred Tonnes
TABLE 112 Rest of Europe Peanut Butter Market, 2024 - 2031, Hundred Tonnes
TABLE 113 Rest of Europe Peanut Butter Market by Type, 2020 - 2023, USD Million
TABLE 114 Rest of Europe Peanut Butter Market by Type, 2024 - 2031, USD Million
TABLE 115 Rest of Europe Peanut Butter Market by Type, 2020 - 2023, Hundred Tonnes
TABLE 116 Rest of Europe Peanut Butter Market by Type, 2024 - 2031, Hundred Tonnes
TABLE 117 Rest of Europe Peanut Butter Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 118 Rest of Europe Peanut Butter Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 119 Rest of Europe Peanut Butter Market by Distribution Channel, 2020 - 2023, Hundred Tonnes
TABLE 120 Rest of Europe Peanut Butter Market by Distribution Channel, 2024 - 2031, Hundred Tonnes
TABLE 121 Key Information – The Procter & Gamble Company
TABLE 122 Key Information – Unilever PLC
TABLE 123 Key Information – Hormel Foods Corporation
TABLE 124 Key Information – The Kraft Heinz Company
TABLE 125 Key Information – Associated British Foods PLC
TABLE 126 Key Information –The Hershey Company
TABLE 127 key information – Mars, Inc.
TABLE 128 Key Information – Dr. August Oetker KG
TABLE 129 Key Information – The J.M Smucker Company
TABLE 130 Key Information – Algood Food Company

List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Peanut Butter Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Peanut Butter Market
FIG 4 Porter’s Five Forces Analysis – Peanut butter market
FIG 5 Europe Peanut Butter Marketshare by Type, 2023
FIG 6 Europe Peanut Butter Marketshare by Type, 2031
FIG 7 Europe Peanut Butter Market by Type, 2020 - 2031, USD Million
FIG 8 Europe Peanut Butter Marketshare by Distribution Channel, 2023
FIG 9 Europe Peanut Butter Marketshare by Distribution Channel, 2031
FIG 10 Europe Peanut Butter Market by Distribution Channel, 2020 - 2031, USD Million
FIG 11 Europe Peanut Butter Marketshare by Country, 2023
FIG 12 Europe Peanut Butter Marketshare by Country, 2031
FIG 13 Europe Peanut Butter Market by Country, 2020 - 2031, USD Million
FIG 14 SWOT Analysis: The Procter & Gamble Company
FIG 15 SWOT Analysis: Unilever PLC
FIG 16 Recent strategies and developments: Hormel Foods Corporation
FIG 17 SWOT Analysis: Hormel Foods Corporation
FIG 18 SWOT Analysis: The Kraft Heinz Company
FIG 19 Swot Analysis: Associated British Foods PLC
FIG 20 Recent strategies and developments: The Hershey Company
FIG 21 SWOT Analysis: The Hershey Company
FIG 22 Swot Analysis: Mars, Inc.
FIG 23 SWOT Analysis: Dr. August Oetker KG
FIG 24 Recent strategies and developments: The J.M. Smucker Company
FIG 25 Swot Analysis: The J.M Smucker Company
FIG 26 Swot Analysis: Algood Food Company