Drinkable Peanut Powder Market Size, Share, and Outlook, 2025 Report- By Type (Soluble (Powder), Insoluble (Particle)), Application (Shakes, Smoothies, Flavored Beverages), Distribution Channel (Market and Hypermarket, Departmental Stores, Online), and Co
Description
Drinkable Peanut Powder Market Outlook
The global Drinkable Peanut Powder market is expected to register a growth rate of 5.4% during the forecast period from $738.5 Billion in 2024 to $1124.8 Billion in 2032. The Drinkable Peanut Powder market is a thriving business that is poised to keep growing and presents potential growth opportunities for companies across the industry value chain.
The comprehensive market research report presents 12-year historic and forecast data on Drinkable Peanut Powder segments across 22 countries from 2021 to 2032. Key segments in the report include By Type(Soluble (Powder), Insoluble (Particle)), Application (Shakes, Smoothies, Flavored Beverages), Distribution Channel (Market and Hypermarket, Departmental Stores, Online). Over 70 tables and charts showcase findings from our latest survey report on Drinkable Peanut Powder markets.
Drinkable Peanut Powder Market Insights, 2025
The Drinkable Peanut Powder Market in 2025 is emerging as a convenient, protein-rich beverage ingredient catering to health-conscious consumers seeking plant-based nutrition alternatives. Produced through defatting and drying processes that retain flavor and nutritional content, peanut powders are utilized in ready-to-mix drinks, smoothies, and functional beverages. The market benefits from trends toward allergen-friendly formulations, sustainability, and clean-label ingredients. Regional preferences influence product innovation, with flavor enhancements and fortifications tailored to local tastes. Partnerships between ingredient suppliers and beverage manufacturers drive new product launches and market penetration. Moreover, the rise in fitness and sports nutrition sectors presents significant opportunities for expansion.
Five Trends that will define global Drinkable Peanut Powder market in 2025 and Beyond
A closer look at the multi-million global market for Drinkable Peanut Powder identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Drinkable Peanut Powder companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future.
What are the biggest opportunities for growth in the Drinkable Peanut Powder industry?
The Drinkable Peanut Powder sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2030. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.
Drinkable Peanut Powder Market Segment Insights
The Drinkable Peanut Powder industry presents strong offers across categories. The analytical report offers forecasts of Drinkable Peanut Powder industry performance across segments and countries. Key segments in the industry include- By Type(Soluble (Powder), Insoluble (Particle)), Application (Shakes, Smoothies, Flavored Beverages), Distribution Channel (Market and Hypermarket, Departmental Stores, Online). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.
Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, Drinkable Peanut Powder market size outlook is provided for 22 countries across these regions.
Market Value Chain
The chapter identifies potential companies and their operations across the global Drinkable Peanut Powder industry ecosystem. It assists decision-makers in evaluating global Drinkable Peanut Powder market fundamentals, market dynamics, and disruptive trends across the value chain segments.
Scenario Analysis and Forecasts
Strategic decision-making in the Drinkable Peanut Powder industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.
Asia Pacific Drinkable Peanut Powder Market Analysis- A Promising Growth Arena for Business Expansion
As companies increasingly expand across promising Asia Pacific markets with a combined population of over 4.5 billion, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.
The State of Europe Drinkable Peanut Powder Industry 2025- Focus on Accelerating Competitiveness
As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for Drinkable Peanut Powder with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key Drinkable Peanut Powder market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.
The US Drinkable Peanut Powder market Insights- Executives are most excited about opportunities for the US Drinkable Peanut Powder industry.
Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Drinkable Peanut Powder companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Drinkable Peanut Powder market.
Latin American Drinkable Peanut Powder market outlook rebounds in line with economic growth.
Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported since H2-2024 and the prospects remain strong for 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.
Middle East and Africa Drinkable Peanut Powder Markets- New Opportunities for Companies Harnessing Diversity
Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African Drinkable Peanut Powder markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern Drinkable Peanut Powder markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.
Competitive Landscape- How Drinkable Peanut Powder companies outcompete in 2025?
The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include The J.M. Smucker Company, Golden Peanut Company, LLC, Bell Research Companies, Inc., Peanut Butter and Co., Inc., The Tru-Nut Company, Sukrin Ltd., Protein Plus, LLC, BetterBody Foods, Nutrinity.
Drinkable Peanut Powder Market Scope
Leading Segments
By Type
Soluble (Powder)
Insoluble (Particle)
By Application
Shakes
Smoothies
Flavored Beverages
By Distribution Channel
Market and Hypermarket
Departmental Stores
Online
Leading Companies
The J.M. Smucker Company
Golden Peanut Company, LLC
Bell Research Companies, Inc.
Peanut Butter and Co., Inc.
The Tru-Nut Company
Sukrin Ltd.
Protein Plus, LLC
BetterBody Foods
Nutrinity
Geographies
North America- US, Canada, Mexico
Europe- Germany, France, UK, Spain, Italy, Nordics, BeNeLux, Others
Asia Pacific- China, India, Japan, South Korea, Australia, South East Asia, Others
Latin America- Brazil, Argentina, Others
Middle East and Africa- Saudi Arabia, UAE, Other Middle East, South Africa, Other Africa
Reasons to Buy the report
The global Drinkable Peanut Powder market is expected to register a growth rate of 5.4% during the forecast period from $738.5 Billion in 2024 to $1124.8 Billion in 2032. The Drinkable Peanut Powder market is a thriving business that is poised to keep growing and presents potential growth opportunities for companies across the industry value chain.
The comprehensive market research report presents 12-year historic and forecast data on Drinkable Peanut Powder segments across 22 countries from 2021 to 2032. Key segments in the report include By Type(Soluble (Powder), Insoluble (Particle)), Application (Shakes, Smoothies, Flavored Beverages), Distribution Channel (Market and Hypermarket, Departmental Stores, Online). Over 70 tables and charts showcase findings from our latest survey report on Drinkable Peanut Powder markets.
Drinkable Peanut Powder Market Insights, 2025
The Drinkable Peanut Powder Market in 2025 is emerging as a convenient, protein-rich beverage ingredient catering to health-conscious consumers seeking plant-based nutrition alternatives. Produced through defatting and drying processes that retain flavor and nutritional content, peanut powders are utilized in ready-to-mix drinks, smoothies, and functional beverages. The market benefits from trends toward allergen-friendly formulations, sustainability, and clean-label ingredients. Regional preferences influence product innovation, with flavor enhancements and fortifications tailored to local tastes. Partnerships between ingredient suppliers and beverage manufacturers drive new product launches and market penetration. Moreover, the rise in fitness and sports nutrition sectors presents significant opportunities for expansion.
Five Trends that will define global Drinkable Peanut Powder market in 2025 and Beyond
A closer look at the multi-million global market for Drinkable Peanut Powder identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Drinkable Peanut Powder companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future.
What are the biggest opportunities for growth in the Drinkable Peanut Powder industry?
The Drinkable Peanut Powder sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2030. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.
Drinkable Peanut Powder Market Segment Insights
The Drinkable Peanut Powder industry presents strong offers across categories. The analytical report offers forecasts of Drinkable Peanut Powder industry performance across segments and countries. Key segments in the industry include- By Type(Soluble (Powder), Insoluble (Particle)), Application (Shakes, Smoothies, Flavored Beverages), Distribution Channel (Market and Hypermarket, Departmental Stores, Online). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.
Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, Drinkable Peanut Powder market size outlook is provided for 22 countries across these regions.
Market Value Chain
The chapter identifies potential companies and their operations across the global Drinkable Peanut Powder industry ecosystem. It assists decision-makers in evaluating global Drinkable Peanut Powder market fundamentals, market dynamics, and disruptive trends across the value chain segments.
Scenario Analysis and Forecasts
Strategic decision-making in the Drinkable Peanut Powder industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.
Asia Pacific Drinkable Peanut Powder Market Analysis- A Promising Growth Arena for Business Expansion
As companies increasingly expand across promising Asia Pacific markets with a combined population of over 4.5 billion, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.
The State of Europe Drinkable Peanut Powder Industry 2025- Focus on Accelerating Competitiveness
As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for Drinkable Peanut Powder with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key Drinkable Peanut Powder market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.
The US Drinkable Peanut Powder market Insights- Executives are most excited about opportunities for the US Drinkable Peanut Powder industry.
Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Drinkable Peanut Powder companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Drinkable Peanut Powder market.
Latin American Drinkable Peanut Powder market outlook rebounds in line with economic growth.
Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported since H2-2024 and the prospects remain strong for 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.
Middle East and Africa Drinkable Peanut Powder Markets- New Opportunities for Companies Harnessing Diversity
Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African Drinkable Peanut Powder markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern Drinkable Peanut Powder markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.
Competitive Landscape- How Drinkable Peanut Powder companies outcompete in 2025?
The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include The J.M. Smucker Company, Golden Peanut Company, LLC, Bell Research Companies, Inc., Peanut Butter and Co., Inc., The Tru-Nut Company, Sukrin Ltd., Protein Plus, LLC, BetterBody Foods, Nutrinity.
Drinkable Peanut Powder Market Scope
Leading Segments
By Type
Soluble (Powder)
Insoluble (Particle)
By Application
Shakes
Smoothies
Flavored Beverages
By Distribution Channel
Market and Hypermarket
Departmental Stores
Online
Leading Companies
The J.M. Smucker Company
Golden Peanut Company, LLC
Bell Research Companies, Inc.
Peanut Butter and Co., Inc.
The Tru-Nut Company
Sukrin Ltd.
Protein Plus, LLC
BetterBody Foods
Nutrinity
Geographies
North America- US, Canada, Mexico
Europe- Germany, France, UK, Spain, Italy, Nordics, BeNeLux, Others
Asia Pacific- China, India, Japan, South Korea, Australia, South East Asia, Others
Latin America- Brazil, Argentina, Others
Middle East and Africa- Saudi Arabia, UAE, Other Middle East, South Africa, Other Africa
Reasons to Buy the report
- Make informed decisions through long and short-term forecasts across 22 countries and segments.
- Evaluate market fundamentals, dynamics, and disrupting trends set to shape 2025 and beyond.
- Gain a clear understanding of the competitive landscape, with product portfolio and growth strategies.
- Get an integrated understanding of the entire market ecosystem and companies.
- Stay ahead of the competition through plans for growth in a changing environment for your geographic expansion.
- Assess the impact of advanced technologies and identify growth opportunities based on actionable data and insights.
- Get free Excel spreadsheet and PPT versions along with the report PDF.
Table of Contents
185 Pages
- 1. Table of Contents
- List of Figures and Tables
- 2. Executive Summary
- 2.1 Key Highlights
- 2.1.1 Drinkable Peanut Powder Market Size Outlook, 2018-2024 and 2025-2032
- 2.1.2 Largest Drinkable Peanut Powder Market Types and Applications
- 2.1.3 Fastest Growing Segments
- 2.1.4 Potential Markets
- 2.1.5 Market Concentration
- 2.2 Market Scope and Segmentation
- 2.2.1 Market Scope- Segments
- 2.2.2 Market Scope- Countries
- 2.2.3 Macroeconomic and Demographic Outlook
- 2.2.4 Abbreviations
- 2.2.5 Units and Currency Conversions
- 3. Research Methodology
- 3.1 Primary Research Surveys
- 3.2 Secondary Data Sources
- 3.3 Data Triangulation
- 3.4 Forecast Methodology
- 3.5 Assumptions and Limitations
- 4. Introduction to Global Drinkable Peanut Powder Market in 2025
- 4.1 Industry Panorama
- 4.2 Leading Companies Profiled in the Study
- 4.3 Asia Pacific Markets offer Robust Market Prospects for New Entrants
- 4.4 Market Dynamics
- 4.4.1 Market Dynamics- Trends and Drivers
- 4.4.2 Market Dynamics- Opportunities and Challenges
- 4.5 Regional Analysis
- 4.6 Porter’s Five Force Analysis
- 4.6.1 Intensity of Competitive Rivalry
- 4.6.2 Threat of New Entrants
- 4.6.3 Threat of Substitutes
- 4.6.4 Bargaining Power of Buyers
- 4.6.5 Bargaining Power of Suppliers
- 4.7 Drinkable Peanut Powder Industry Value Chain Analysis
- 4.7.1 Stage of Value Chain
- 4.7.2 Key Activities of Companies
- 4.7.3 Companies Included in Each Stage
- 4.7.4 Key Insights
- 5. Drinkable Peanut Powder Market Outlook to 2032
- 5.1 Market Size Forecast by Type, 2021-2024 and 2025-2032
- 5.2 Market Size Forecast by Application, 2021-2024 and 2024-2032
- 5.3 Market Size Forecast by Geography, 2021-2024 and 2024-2032
- By Type
- Soluble (Powder)
- Insoluble (Particle)
- By Application
- Shakes
- Smoothies
- Flavored Beverages
- By Distribution Channel
- Market and Hypermarket
- Departmental Stores
- Online
- 6. Global Drinkable Peanut Powder Market Outlook across Growth Scenarios
- 6.1 Low Growth Scenario
- 6.2 Base/Reference Case
- 6.3 High Growth Scenario
- 6. North America Drinkable Peanut Powder Market Size Outlook
- 6.1 Key Market Statistics, 2024
- 6.2 North America Drinkable Peanut Powder Market Trends and Growth Opportunities
- 6.2.1 North America Drinkable Peanut Powder Market Outlook by Type
- 6.2.2 North America Drinkable Peanut Powder Market Outlook by Application
- 6.3 North America Drinkable Peanut Powder Market Outlook by Country
- 6.3.1 The US Drinkable Peanut Powder Market Outlook, 2021- 2032
- 6.3.2 Canada Drinkable Peanut Powder Market Outlook, 2021- 2032
- 6.3.3 Mexico Drinkable Peanut Powder Market Outlook, 2021- 2032
- 7. Europe Drinkable Peanut Powder Market Size Outlook
- 7.1 Key Market Statistics, 2024
- 7.2 Europe Drinkable Peanut Powder Market Trends and Growth Opportunities
- 7.2.1 Europe Drinkable Peanut Powder Market Outlook by Type
- 7.2.2 Europe Drinkable Peanut Powder Market Outlook by Application
- 7.3 Europe Drinkable Peanut Powder Market Outlook by Country
- 7.3.2 Germany Drinkable Peanut Powder Market Outlook, 2021- 2032
- 7.3.3 France Drinkable Peanut Powder Market Outlook, 2021- 2032
- 7.3.4 The UK Drinkable Peanut Powder Market Outlook, 2021- 2032
- 7.3.5 Spain Drinkable Peanut Powder Market Outlook, 2021- 2032
- 7.3.6 Italy Drinkable Peanut Powder Market Outlook, 2021- 2032
- 7.3.7 Russia Drinkable Peanut Powder Market Outlook, 2021- 2032
- 7.3.8 Rest of Europe Drinkable Peanut Powder Market Outlook, 2021- 2032
- 8. Asia Pacific Drinkable Peanut Powder Market Size Outlook
- 8.1 Key Market Statistics, 2024
- 8.2 Asia Pacific Drinkable Peanut Powder Market Trends and Growth Opportunities
- 8.2.1 Asia Pacific Drinkable Peanut Powder Market Outlook by Type
- 8.2.2 Asia Pacific Drinkable Peanut Powder Market Outlook by Application
- 8.3 Asia Pacific Drinkable Peanut Powder Market Outlook by Country
- 8.3.1 China Drinkable Peanut Powder Market Outlook, 2021- 2032
- 8.3.2 India Drinkable Peanut Powder Market Outlook, 2021- 2032
- 8.3.3 Japan Drinkable Peanut Powder Market Outlook, 2021- 2032
- 8.3.4 South Korea Drinkable Peanut Powder Market Outlook, 2021- 2032
- 8.3.5 Australia Drinkable Peanut Powder Market Outlook, 2021- 2032
- 8.3.6 South East Asia Drinkable Peanut Powder Market Outlook, 2021- 2032
- 8.3.7 Rest of Asia Pacific Drinkable Peanut Powder Market Outlook, 2021- 2032
- 9. South America Drinkable Peanut Powder Market Size Outlook
- 9.1 Key Market Statistics, 2024
- 9.2 South America Drinkable Peanut Powder Market Trends and Growth Opportunities
- 9.2.1 South America Drinkable Peanut Powder Market Outlook by Type
- 9.2.2 South America Drinkable Peanut Powder Market Outlook by Application
- 9.3 South America Drinkable Peanut Powder Market Outlook by Country
- 9.3.1 Brazil Drinkable Peanut Powder Market Outlook, 2021- 2032
- 9.3.2 Argentina Drinkable Peanut Powder Market Outlook, 2021- 2032
- 9.3.3 Rest of South and Central America Drinkable Peanut Powder Market Outlook, 2021- 2032
- 10. Middle East and Africa Drinkable Peanut Powder Market Size Outlook
- 10.1 Key Market Statistics, 2024
- 10.2 Middle East and Africa Drinkable Peanut Powder Market Trends and Growth Opportunities
- 10.2.1 Middle East and Africa Drinkable Peanut Powder Market Outlook by Type
- 10.2.2 Middle East and Africa Drinkable Peanut Powder Market Outlook by Application
- 10.3 Middle East and Africa Drinkable Peanut Powder Market Outlook by Country
- 10.3.1 Saudi Arabia Drinkable Peanut Powder Market Outlook, 2021- 2032
- 10.3.2 The UAE Drinkable Peanut Powder Market Outlook, 2021- 2032
- 10.3.3 Rest of Middle East Drinkable Peanut Powder Market Outlook, 2021- 2032
- 10.3.4 South Africa Drinkable Peanut Powder Market Outlook, 2021- 2032
- 10.3.5 Egypt Drinkable Peanut Powder Market Outlook, 2021- 2032
- 10.3.6 Rest of Africa Drinkable Peanut Powder Market Outlook, 2021- 2032
- 11. Company Profiles
- 11.1 Leading 10 Companies
- The J.M. Smucker Company
- Golden Peanut Company, LLC
- Bell Research Companies, Inc.
- Peanut Butter and Co., Inc.
- The Tru-Nut Company
- Sukrin Ltd.
- Protein Plus, LLC
- BetterBody Foods
- Nutrinity
- 11.2 Overview
- 11.3 Products and Services
- 11.4 SWOT Profile
- 12. Appendix
- 12.1 Subscription Options
- 12.2 Customization Options
- 12.3 Publisher Details
Pricing
Currency Rates
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