If you also consume alcohol, then at some point in time it is for the sake of tasting it. peanut i.e Groundnut Must have used. In fact, with alcohol it is most famous Have to taste. The reason is its low price. it merely Also comes in a packet of 5 rupees. But what we are going to tell you today. You might hardly know about him.
Do you know how big its market is? If you don’t know then we will give you complete information. Indian by the year 2024 pint of market size around 7.45 billion Dollar (about Rs 6 lakh crore). Which is increasing even faster. So let us know why its market is so big.
continuously increasing demand
Market and Data Research According to a report by Indian pint butter market around 11.21, of CAGR It is estimated to increase from. This estimate is for fiscal year 2025 to fiscal year 2032. We are talking about data, now let us know what are the other reasons for the growth of this market apart from the use of tasting. his growth There are many reasons for this. In fact, consumers in India have increasing preference towards protein-rich, low-fat and natural products. Because of which its use is increasing rapidly.
demand What is the reason for increase?
There itself urbanization and the influence of western lifestyle peanut butter The demand for such products is continuously increasing. The growing e-commerce sector and wide retail distribution has further increased the reach of products, due to which today it is accessible to even the smallest villages. product Talking about, there are many in this market player Is. like crisp crunchy peanut butter.. it present Most popular in the market segment Is one of the and its demand is expected to increase.
fast growth in income
There itself peanut butter Due to the growth of the market, the revenue also increased significantly. growth Has happened. in 2021 crunchy segment achieved a market share of more than 45% in revenue.crunchy peanut butter Higher consumption and increasing preference for this product has further increased its market share. crunchy peanut butter is slightly healthier because it contains Creamy butter Less saturated fat and more than fiber It happens.
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