Peanut Oil Market Trend Analysis Research by Product Type (Refined Peanut Oil, Unrefined Peanut Oil, Cold-Pressed Peanut Oil, and Roasted Peanut Oil), by Nature (Organic, Conventional), by End User (Food & Beverage, Pharmaceuticals & Nutraceuticals, Cosmetics & Personal Care, and Others), by Sales Channel (Business to Business, Business to Consumer), by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)- Global Forecast to 2034
Feb-2025 Formats | PDF | Category: Food & Beverages | Delivery: 24 to 72 Hours
“The Peanut Oil industry is expected to expand from $ 11.4 Billion in 2025 to $ 17.5 Billion in 2034, with a compound annual growth rate of 4.4%. “
Peanut Oil Market: Overview and Growth in the Upcoming Year
The peanut oil industry has experienced steady growth in recent years due to increased awareness of its health benefits. The high concentration of monounsaturated fats in peanut oil has been shown to improve heart health. As people become more health-conscious, they are turning to peanut oil as a healthier substitute for conventional cooking oils, making it a popular choice for cooking.
Peanut oil, known for its health benefits and high smoke point, is popular among professional chefs and household cooks due to its adaptability. As convenience and simplicity of use grow, the peanut oil industry is expected to continue growing. The demand for healthier cooking oils is expected to rise, and the growing popularity of Asian and African cuisines, where peanut oil is a common component, will fuel market expansion.
The peanut oil market’s growth in the coming year is expected to be influenced by a growing emphasis on sustainability and ethical sourcing. Consumers’ growing awareness of food origins and production has led to a higher demand for sustainably sourced products, resulting in more peanut oil firms promoting their commitment to sustainable practices.
The peanut oil market is expected to develop in the future due to rising demand for healthier cooking oils, sustainable sourcing techniques, and innovation. Businesses that offer organic and non-GMO peanut oils will gain a competitive advantage. As consumers prioritize health, convenience, and sustainability, peanut oil is well-positioned to meet these demands while maintaining its popularity as a culinary staple.
For Insights Consultancy’s latest market intelligence study, “Global Peanut Oil Market 2025, Growth Opportunities, and Forecast,” provides a comprehensive analysis of the Food industry. The report includes demand analysis, industry insights, competition intelligence, and a customer database. It also offers strategic insights into future trends, growth determinants, supplier landscape, demand landscape, CAGR, and pricing analysis. The study also includes Porter’s Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps’ Analysis, Market Attractiveness Analysis, BPS Analysis, and Ecosystem Analysis.
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Top Companies Covered In This Report:
- ADM
- Cargill, Inc
- Olam Group
- Wilmar International Ltd
- Bunge Limited
- Marico
- Hain Celestial Group, Inc.
- Patanjali Ayurved Limited
- AAK
- Tata Consumer Products Limited
- Ventura Foods
Detailed Segmentation and Classification of the report (Market Size and Forecast – 2034, Y-o-Y growth rate, and CAGR):
Segment by Product Type
- Refined Peanut Oil
- Unrefined Peanut Oil
- Cold-Pressed Peanut Oil
- Roasted Peanut Oil
Segment by Nature
- Organic
- Conventional
Segment by End User
- Food Industry
- Pharmaceuticals & Nutraceuticals
- Cosmetics & Personal Care
- Others
Segment byDistribution Channel
- B2B
- B2C
- Hypermarkets/Supermarkets
- Traditional Grocery Stores
- Convenience Stores
- Online Retail
- Others
Regional Deep-dive Analysis:
The report provides in-depth qualitative and quantitative data on the Peanut Oil Market for all of the regions and countries listed below:
- North America includes the United States, Canada, and Mexico.
- Europe includes Germany, France, Italy, the United Kingdom, Scandinavia, Benelux, Russia, and the rest of Europe.
- Asia-Pacific includes Japan, South Korea, India, China, Southeast Asia, and Australia.
- South America (including Brazil, Argentina, and the rest of South America)
- Middle East and Africa (Saudi Arabia, UAE, Israel, South Africa)
Each country is studied in detail, and the study includes qualitative and quantitative analysis of the Peanut Oil Market in that country.
North America
The peanut oil market in North America is thriving due to healthier eating habits and increased demand for natural and organic products. Consumers prefer peanut oil due to its high smoke point and mild flavor, making it ideal for frying and preparing various foods. The United States is the largest market, with companies focusing on product innovation and marketing strategies.
Europe
Europe is a significant market for peanut oil, with Spain, Italy, and the UK leading in consumption. The growing awareness of its health benefits and antioxidant properties is driving market expansion. The growing food service industry and demand for gourmet and ethnic cuisines also contribute to increased sales.
Asia Pacific
Peanut oil, a popular cooking oil in Asia Pacific countries like China, India, and Japan, is gaining popularity due to its unique nutty flavor and versatility. Rapid urbanization, changing culinary preferences, and rising disposable incomes are driving demand for peanut oil in the region. Industry players are expanding their product portfolios and distribution networks to capitalize on this growing market.
Middle East
The Middle East area is also an important market for peanut oil, with Saudi Arabia, the UAE, and Egypt driving demand. Peanut oil is popular in Middle Eastern cuisine due to its strong flavour and excellent heat tolerance, making it great for frying and sautéing. The expanding trend of healthy eating, as well as increased knowledge of the health advantages of peanut oil, are helping to drive market growth in the area. Market participants are using online platforms and social media marketing to increase brand awareness and reach a larger customer base in the Middle East.
Recent News:
November 2022: Chemsta constructed a 200 TPD edible oil refinery for the Luhua Group (Xiangyang Branch). It was put into operation and soon began producing quality rapeseed and peanut oils. More than ten plants for rapeseed and peanut oil have been constructed by Chemsta, according to the group (including pressing, solvent extraction, refining, dewaxing, etc.).
March 2022: Shree Ram Proteins Ltd diversified its business and announced its plan to set up a new oil refinery. The company ordered a state-of-the-art refining plant for the new business segment. The company will launch rapeseed oil, groundnut oil, and cottonseed oil by the end of January 2023. It comes under the category of refined edible oil and shall cater to the company’s domestic market. Thus, by adopting diversification, the company is expanding its business and expanding its product offerings for consumers.
November 2021: Cargill Incorporated acquired an edible oil refinery situated in Nellore, India, and invested USD 35 million to purchase and improvise the facility, which would increase the production volume of edible oil and help the company to extend its existing supply chain to meet consumer requirements.
The research provides answers to the following key questions:
- What is the expected growth rate of the Peanut Oil market from 2025-2034?
- What are the key driving forces shaping the market during the forecast period?
- Who are the major market vendors and what winning strategies have helped them occupy a strong foothold in the Peanut Oil market?
- What are the prominent market trends influencing the market’s development?
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Key insights provided by the report that could help you take critical strategic decisions?
- Regional reports analyse product/service consumption and market factors in each region.
- Reports highlight possibilities and dangers for suppliers in the Peanut Oil business globally.
- The report identifies regions and sectors with the highest growth potential.
- It provides a competitive market ranking of major companies, as well as information on new product launches, partnerships, business expansions, and acquisitions.
- The report includes a comprehensive corporate profile with company overviews, insights, product benchmarks, and SWOT analysis for key market participants.
Customization: We can provide following things
1) On request more company profiles (competitors)
2) Data about particular country or region
3) We will incorporate the same with no additional cost (Post conducting feasibility).
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