Peanut Oil Market Size Was Valued at USD 10397.20 Million in 2023 and is Projected to Reach USD 15318.66 Million by 2032, Growing at a CAGR of 4.4% From 2024-2032.

Market Overview

Peanut oil, derived from groundnuts, is valued globally for its rich, nutty flavor and high oil content. Groundnuts, a top source of vegetable protein, rank third worldwide and contribute to making peanut oil the fourth most significant edible oil globally. In India, groundnuts are the leading oilseed crop, providing essential revenue through both domestic use and exports. Currently, groundnut cultivation covers approximately 32.7 million hectares worldwide, producing around 53.9 million tonnes annually, with an average yield of 1,648 kg per hectare.

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Peanut Oil Market Key Players:

  • Cargill (USA)
  • Archer Daniels Midland Company (USA)
  • Wilmar International Limited (Singapore)
  • Bunge Limited (USA)
  • Marico Limited (India)
  • Adani Wilmar Limited (India)
  • Borges International Group (Spain)
  • Oliyar (Ukraine)
  • Amanah Oil (South Africa)
  • Gemini Edibles & Fats India Pvt. Ltd. (India)
  • VVF Limited (India) and Other Active Players.

Peanut Oil Market Trend Analysis:

  • One significant trend in the peanut oil industry is the preference of producers for specialty oils, particularly those meant for use in salad dressings. Because of the flavor and scent these oils bring to otherwise uninteresting salads, they are growing in popularity among customers. Manufacturers are responding to consumer demand by offering customisable edible oil substitutes, allowing consumers to tailor their products to fit their own tastes and preferences.
  • Peanut oil is particularly popular among consumers due to its naturally buttery texture and nutty qualities, which enhance the taste and aroma of salads and other foods. Edible oil producers are also focusing on improving nutritional characteristics and offering fortified choices in order to meet consumer demand for healthier options. By providing oils with additional functionality, such as enhanced nutritional benefits, businesses may differentiate themselves from the competition in the market and satisfy the evolving needs and preferences of health-conscious consumers.

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The Report Will Include A Major Chapter

  • Patent Analysis
  • Regulatory Framework
  • Technology Roadmap
  • BCG Matrix
  • Heat Map Analysis
  • Price Trend Analysis
  • Investment Analysis

Peanut Oil Market Segmentation

By Type

  • Refined
  • Unrefined

By Application

  • Cosmetic
  • Food
  • Pharmaceuticals

By Distribution Channel

  • Supermarkets and Hypermarkets
  • Online
  • Retail Stores
  • Business to business

Regional Analysis:

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

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Key questions answered in the Peanut Oil Market are:

  • Which is the fastest growing region in the Peanut Oil Market?
  • What is the growth rate of the Peanut Oil Market?
  • What are the upcoming opportunities and trends for the Peanut Oil Market?
  • What segments are covered in the Peanut Oil Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Peanut Oil Market?
  • Which are the factors expected to drive the Peanut Oil Market growth?

Our market research study carefully examines the overall industry, covering all essential market fundamentals. Through an extensive range of primary and secondary sources, we establish a robust foundation for our findings. To enhance the comprehensiveness of our evaluation, we employ industry-standard tools like Porter's Five Forces Analysis, SWOT Analysis, and Price Trend Analysis.

Within our study, we study the complete ecosystem of the Peanut Oil Market, explaining various market stakeholders, their functions, and interdependencies. Additionally, our comprehensive segmentation analysis and geographical coverage provide profound insights into regional trends. We also analyse externally affecting factors.

Key Points Covered in Market Report:

  • Overview, Definition and Classification Market drivers and barriers
  • Market Competition by Manufacturers
  • Capacity, Production, Revenue (Value) by Region (2024-2032)
  • Supply (Production), Consumption, Export, Import by Region (2024-2032)
  • Manufacturers Profiles/Analysis Manufacturing Cost Analysis, Industrial/Supply Chain
  • Analysis, Sourcing Strategy and Downstream Buyers, Marketing

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