Plant Based Butter - Isn't that Margarine?

No not necessary, the term ‘Peanut Butter’ is also approved for use by FSA and it has its own definition under the code

peanut butter means a peanut based spread.

2.10.4—4 Requirement for food sold as peanut butter

                        Food that is sold as ‘peanut butter’ must:

                        (a)      be peanut butter; and

                        (b)      contain not less than 850 g/kg of peanuts.

So Australia manufacturers has a right to meet the consumer’s expectation that a peanut spread with over 85% peanuts is called ‘peanut butter’.

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