Peanut Butter Caramel Corn

Salty, sweet, sticky, and easy-to-make Peanut Butter Caramel Corn. You won’t be able to put this stuff down! A 20 minute recipe.

peanut butter caramel corn in a teal bowl

I’ve been feeling rather snacky lately. Are you a snacker too?

Hand me some hummus, veggies, granola, grapes, peanut butter, trail mix, and pretzels over a meal any day. Working from home has put a small shift on my eating habits and I found myself reaching for little nibbles here and there yesterday and today. The fix? Popcorn, of course.

I make microwave popcorn all the time. My favorite is kettle corn, but I’m no stranger to light butter. You can usually find me munching on the stuff as I sit here at my desk or on the couch. And yes, I’m eating it right now. But this week I wanted a little something extra on my popcorn. Nothing outrageous or complicated, but a flavor boost to my regular popcorn fix. I took three simple ingredients, added them to a saucepan, and poured them over my popcorn. Easy stuff!

This popcorn makes me love snack time even more. I didn’t even know that was possible.

peanut butter caramel corn on a silpat baking mat

Here’s the plan. Pop a bag of “natural style” popcorn or make your own with a popcorn maker or on the stovetop. Any sort of popcorn that isn’t flavored or heavily buttered. Even light buttered popcorn will be ok. You want about 10-12 cups of popcorn, which is a typical full size bag.

Pour the popped popcorn in a large bowl and make your peanut butter “caramel” sauce.

For the sauce, boil some honey and sugar together. Watch it boil for about three minutes. Stir in a pinch or two of salt. Keeping the saucepan on heat, stir in your peanut butter until everything is silky smooth. Like so:

peanut butter honey mixture in a saucepan with a spatula

Shower your innocent popcorn with the peanut butter/honey mixture. Those little kernels never saw that peanut butter coming! Mix it all around, trying hard not to break up the kernels.

Next, and completely optional: add some roasted peanuts to the peanut butter caramel corn. Every time I make my salted peanut nutella puppy chow, my friends ask me where all the peanuts went. One friend said he didn’t even know peanuts were in it. Guilty as charged. I eat all the peanuts first. I can’t help it… peanuts and peanut butter must run through my veins or something. I’m a peanutaholic. And a peanutbutteraholic.

I love the added texture the peanuts gave the popcorn! An extra satisfying crunch.

peanut butter caramel corn with a bowl of peanuts

Spread the peanut butter caramel corn onto a parchment paper or silicone baking mat lined cookie sheet. The popcorn will form large clusters, which is OK—it will break up easily when you take a serving. Allow it to cool for a few minutes. And then… dig in. So much chewy goodness.

The clusters with the most peanut butter coating on them were my favorite. Naturally.

This is such a simple snack to make and share with others. Simple, quick, practically no baking at all. And it is so easy to make in bulk! I tripled the recipe by popping three bags of popcorn and tripling the rest of the ingredients. I sent Kevin off to work with some and we have a big container of the rest on the counter. It’s fun to grab a bowl of it and plop myself in front of the TV or computer.

peanut butter caramel corn in a ceramic bowl

Oh! And this peanut butter caramel corn does a wonderful job at making cleaning more fun. I know from experience. Grab a bowl and munch as you go. I got a lot of vacuuming done yesterday and I have to be honest: I enjoyed it.

More snacks to love!

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peanut butter caramel corn in a teal bowl

Peanut Butter Caramel Corn

4.7 from 3 reviews
  • Author: Sally
  • Prep Time: 10 minutes
  • Cook Time: 10 minutes
  • Total Time: 20 minutes
  • Yield: 10-11 cups
  • Category: Snacks
  • Method: Baking
  • Cuisine: American
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Description

Salty, sweet, sticky, and easy-to-make peanut butter caramel corn. You won’t be able to put this stuff down! A 20 minute recipe.


Ingredients

  • 10 cups unflavored popped popcorn (air-popped or 1 standard size bag)
  • optional: 2/3 cup dry-roasted peanuts
  • 1/2 cup honey
  • 1/2 cup granulated sugar
  • 1/4 teaspoon salt
  • 2/3 cup creamy peanut butter

Instructions

  1. Line a large baking sheet with parchment paper or a silicone baking mat. Set aside.
  2. Pop 10-12 cups of popcorn and pour it into a large bowl. Toss in the peanuts. Set aside.
  3. Over medium heat, warm the honey and sugar together in a medium sized saucepan. Stir occasionally. Once it begins to bubble, allow it to boil for about 3 minutes. Add the salt and peanut butter and stir until smooth. Remove from heat.
  4. Pour the peanut butter mixture over the popcorn/nuts. Toss gently to coat practically every kernel. The popcorn will form large clusters. Spread the popcorn onto prepared baking sheet and allow to cool for about 10 minutes before serving.
  5. Makes 10-12 cups. Popcorn remains fresh for up to 10 days covered at room temperature. If storing in a tight container, be sure to break up the popcorn as you serve it because it will form large clusters.

Notes

  1. Special Tools (affiliate links): Popcorn Maker | Baking Sheet | Silicone Baking Mat or Parchment Paper | Medium Saucepan

See all of my salty/sweet recipes.

sally mckenney headshot purple shirt.
About the Author

Sally McKenney

Sally McKenney is a baker, food photographer, and cookbook author. Since 2011, she has been sharing meticulously tested recipes and step-by-step tutorials, helping home bakers gain confidence in the kitchen. Over the years, her dedication to approachable baking has built a loyal community of millions. Her work has been featured on Good Morning America, in People Magazine, and on popular sites like BuzzFeed, HuffPost, The Kitchn, and Country Living.

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Reader Comments and Reviews

  1. Amy L. says:
    November 16, 2024

    I am so sad, because I had high hopes for this & it was a fail. I used raw honey. Was that where I chose poorly? It never got thin enough to coat the kernels. It made one big popcorn ball. Burned my hands a little, trying to salvage things.


  2. Peggy says:
    September 22, 2021

    Really amazing and I was surprised at how well it kept for a few days in a tupperware. I left out the peanuts because I only had chunky peanut butter. Historically I have struggled not to burn kettle corn and caramel corn so my family was very happy with this success.

  3. J says:
    September 6, 2020

    Great, quick recipe! I upped the salt to a total of 1/2 tsp. And I wanted a little more crunch when the popcorn cooled, so I baked it on a sheet pan lined with parchment at 275 f for 20 minutes and let cool completely. Nice soft crisp airy crunch!

  4. Nguyet Howar says:
    December 2, 2016

    Hi there Sally,
    Can this recipe be altered using almond butter and almonds instead of peanuts?  Just in case someone is allergic to peanuts.  Thank you.

    1. Sally @ Sally's Baking says:
      December 2, 2016

      I can’t see why not!

  5. Andrea in Texas says:
    August 4, 2015

    Second batch made this week!!  Popcorn is among one of my favorites and now THIS is my favorite way to have it…thank you for being so ingenious!

  6. janette says:
    April 14, 2015

    Does the popcorn crisp up? It seems like it would be a little chewy… I have never made a caramel corn recipe without putting it in the oven to dry out before eating…. I would love to try this because I love peanut butter!

    1. Sally @ Sally's Baking says:
      April 14, 2015

      Hi Janette. The popcorn stays pretty chewy.

  7. Lauren S. says:
    February 26, 2015

    Would I be able to substitute the bagged kernel-less “puff corn” for the traditional popcorn in this recipe?

    1. Sally @ Sally's Baking says:
      February 26, 2015

      I’m sure that would be fine.

  8. stephanie says:
    January 29, 2014

    Sally, have you ever tried this with dark/light brown sugar? I was just curious if you preferred the white. All of my recipes call for light, but I have read if you use dark makes it more like cracker jacks.)

    1. Sally @ Sally's Baking says:
      January 29, 2014

      Stephanie, I actually have tried this with dark brown sugar. And yes, it does taste like cracker jacks! You’ll love it. (assuming you like cracker jacks, of course)

  9. Sonia says:
    January 14, 2014

    Hey Sally! Just made this tonight and it is quite delicious. One question though: is it supposed to be more on the chewy side or more on the crunchy side?

    1. Sally @ Sally's Baking says:
      January 15, 2014

      Hey Sonia! The caramel corn is supposed to be chewy. Some bites may be crunchy, but it’s on the chewier side.

  10. Vimitha says:
    December 23, 2013

    Hi Sally, A small doubt. Could I replace honey with maple syrup?

    1. Sally @ Sally's Baking says:
      December 23, 2013

      You actually could replace with maple syrup. Though I’ve never tried it, I don’t see why it wouldn’t work.

  11. Caitlin says:
    November 30, 2013

    Made this 2 days ago and it’s all gone! So sad!! It was SO delicious!!! I see all these caramel corn popcorn containers with nuts and other yummy additions in the stores and now I know that I can make it myself, so thank you!

  12. Allison says:
    April 25, 2013

    I made this last night—the most amazing treat I’ve had in a long time. Thanks for sharing!

  13. Sally @ Sally's Baking says:
    October 29, 2018

    Hi Catherine! This popcorn won’t hold its shape if shaped into balls. I have a popcorn ball recipe in my cookbook Sally’s Candy Addiction if you have a copy!

  14. Malkss says:
    April 27, 2025

    Can the peanut butter be replaced with another kind of butter?

  15. Lexi @ Sally's Baking says:
    April 28, 2025

    Hi Malkss, we haven’t tested it, but another creamy nut butter or spread like cookie butter should work well.