Peanut Meal Market Analysis Of Key Trends, Industry Dynamics And Future Growth

Peanut Meal Market: Overview
One of the most significant legumes is the peanut, which is grown in warmer regions like Asia, Africa, Australia, and the Americas. Nutrients like biotin, copper, manganese, phosphorus, a range of vitamins, proteins, and others are abundant in peanuts. Crushing peanuts produces peanut flour, which is then processed to produce flour with less fat. After the oil is removed, peanut flour has a high protein level. Due to consumer demand for healthier food products and requirements for cleaner labels, the demand for plant-based ingredients, which includes peanut flour, is rising. Gluten-free peanut flour has a reputation for being good for the heart.

It can be used in place of regular flour to create gluten-free breads and other bakery goods. It can also be used as a thickener, flavouring agent, topping for meat and seafood, and as an addition to smoothies to boost their protein content. Increasing populations in China, Japan, and India will make Asia Pacific the region with the highest growth, according to projections. The market in these nations is being driven by rising disposable incomes and the ensuing concerns about the consumption of healthy, flour-based products.

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The market for peanut meal feed is expanding primarily due to the rising demand for meat and aquaculture products. Two further variables accelerating the development of the market under study are growing knowledge of the quality of meat and dairy products and expanded livestock production. Being a by-product of the production of peanuts, peanut meal production is influenced by the widespread production and consumption of peanuts, which in turn helps the market expand.

The product left behind after the oil has been extracted from peanuts is called peanut meal. It is referred to as groundnut meal in some nations. Peanut meal is made using a solvent extraction procedure under strictly monitored processing conditions, and it has a high vegetable protein content (40-50%). The extracted flakes are toasted, dried to remove the solvent, and then crushed into a powder. For beef cattle, poultry, and aquaculture feeds, it is a very tasty source of nutrients. Protein, minerals, and energy are all abundant in peanut meal.

The global beef market has remained upbeat and has mostly been unaffected by the global economic slump. Due to shifting dietary habits, urbanisation, population increase, and economic expansion, the Asia-Pacific and South American areas are predicted to experience the biggest growth in meat consumption. For instance, according to a report by Agriculture and Agri-food Canada, the Chinese market's demand for meat continues to outpace domestic production. Fish are low in carbohydrates, cholesterol, and fat. Fish not only contains essential vitamins and amino acids but also a modest amount of protein. As more and more people become aware of the health advantages of eating fish, the demand for seafood is rising quickly.

Global Peanut Meal Market: Major Players
Chia Tai Group
Wilmar International Ltd
Jiusan Group Food Marketing Co., Ltd.
COFCO Group
Bunge Limited
Xiwang Foodstuffs Co Ltd
Cargill, Incorporated

Global Peanut Meal Market: Types
Ruminants
Poultry
Swine
Aquaculture

Global Peanut Meal Market: Applications
Large Enterprises
Small and Mid-sized Enterprises (SMEs)

Global Peanut Meal Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Peanut Meal market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Global population trends that are on the rise are contributing to the expansion of the meat and seafood industries worldwide. The demand for animal feed in the world's meat industry is rising as a result of rising life expectancy, a shortage of land and water for producing animal feed, and increased use of these resources for producing ethanol and food. The market for peanut meal is likely to benefit from the rising demand for meat and seafood because it will ensure that there is a constant need for animal feed, which includes peanut meal, in the years to come.

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