Packaged Peanuts Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Packaged peanuts or foam popcorn or packing noodles, are a common loose-fill packaging and cushioning material used to prevent damage to fragile objects during shipping. They are shaped to interlock when compressed and free flow when not compressed. Packaged peanuts are made from polystyrene, a material commonly used to make foams and certain hard plastic products, also referred to as Styrofoam.

MARKET SCOPE

The "Global Packaged Peanuts Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the packaged peanuts market with detailed market segmentation by category, type, distribution channel, and geography. The report provides key statistics on the market status of the leading packaged peanuts market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

- Based on category, the global packaged peanuts market is segmented into organic and conventional.
- Based on form, the global packaged peanuts market is segmented into wholes, halves, and others.
- Based on distribution channel, the global packaged peanuts market is segmented into hypermarkets & supermarkets, convenience stores, online retail, and others.

MARKET DYNAMICS

Drivers:

- The demand for protective packaging solutions is tremendously increasing with the growing e-commerce market.
- Flexible packaging & storage, cost-effective void fill packaging, and bio-degradable disposal
- Rising R&D activities drive the packaged peanuts market.

Restraints:

- Relatively higher price of the packaged peanuts.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The packaged peanuts market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the packaged peanuts market in these regions.

IMPACT OF COVID-19 ON PACKAGED PEANUTS MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The chemical & materials industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, as a result of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products.

MARKET PLAYERS

The report covers key developments in the packaged peanuts market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from packaged peanuts market are anticipated to lucrative growth opportunities in the future with the rising demand for packaged peanuts in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the packaged peanuts market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

- Storopack Hans Reichenecker GmbH
- AP Packaging Corp.
- Sealed Air Corp
- Nefab Group
- Puffy Stuff
- President Container Inc.
- FP International
- Heritage Pioneer Corporate Group
- ACH Foam Technologies
- Foam Fabricators

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Packaged Peanuts Report Scope