Almost all American households are purchasing peanut butter based on statistics. This just shows that the majority of U.S. residents are obsessed with this food spread. But, why?
Around 90% of American Households Purchase Peanut Butter
According to CNBC's latest report, there are many reasons why peanut butter is very popular in the United States. These include the following:
- Peanut butter spreads are affordable.
- Peanut butter has a unique taste that attracts buyers.
- Peanut butter can be eaten alone or used as a spread on sandwiches.
- Peanut butter can be eaten as a dessert.
Circana, a Chicago-based research company, said that these factors all helped the peanut butter industry reach $2 billion.
Matt Smith, Stifel Financial Corp.'s Equity Research Vice President, said that around 90% of American households are buying peanut butter.
This means that the sandwich spread has a higher household penetration rate than breakfast cereals, granola bars, soup, and other grocery staples.
As of writing, the top three peanut butter brands in the United States are Hormel Foods Corp.'s Skippy, the Post-Holdings' Peter Pan, as well as the J.M. Smucker Co.'s Jif.
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Choosing Healthy Peanut Butter
If you are eating peanut butter every day, you may be asking if there are side effects to it.
Healthline explained that peanut butter doesn't really have negative health impacts. This sandwich spread is a great source of protein.
But, you need to remember that peanut butter is dangerous to people with allergies. Aside from this, many peanut butter brands have high fats and sugars.
It is important to check the ingredients used and the nutritional content of the peanut butter before buying a jar.
Luckily, Healthline listed what it considers the healthiest peanut butter available in the market:
- Whole Foods 365 Market Crunchy Peanut Butter
- Laura Scudder's All Natural Old Fashioned Peanut Butter
- Crazy Richard's 100% Peanuts! Natural Peanut Butter
- Spread The Love Naked Organic Peanut Butter
- Trader Joe's Creamy Salted Peanut Butter
- Smucker's Natural Creamy Peanut Butter
If you want to learn the ingredients, nutritional content, and price of these peanut butter spreads, you can click here.
