In-Depth Analysis of the Peanut Oil Market: Growth Opportunities, Key Trends, and Forecast 2025-2034

What Are the Projected Growth and Market Size Trends for the Peanut Oil Market?
The size of the peanut oil market has seen robust expansion in the past few years. It is set to increase from $10.25 billion in 2024 to $10.81 billion in 2025, which corresponds to a compound annual growth rate (CAGR) of 5.5%. This growth during the historical period is largely driven by factors such as burgeoning demand for processed food, heightened consumer awareness, an upswing in the demand for peanut oil in the cosmetics and personal care industries, and governmental backing for agriculture.

The market size for peanut oil is predicted to witness a robust increase in the coming years, expanding to $13.32 billion by 2029 with a compound annual growth rate (CAGR) of 5.4%. This growth during the forecast period is driven by factors such as an increase in quick-service restaurants, enhanced disposable incomes, growing health consciousness, increased spending on food and beverages, and escalating demand for processed food. The upcoming trends expected to propel the market throughout the forecast period include innovative processing technologies, the use of cold pressing technology, technological advancements, the emergence of advanced oil processing machines, and strategic alliances and partnerships.

What Factors Are Fueling Growth in the Peanut Oil Market?
The rise in consumer consciousness and concerns related to health are predicted to boost the expansion of the peanut oil market. An uptick in accessibility to information, enhanced product transparency expectations, and an increasing focus on personal health are contributing to this increased consciousness and health apprehension among consumers. Peanut oil, a versatile culinary oil known for promoting heart, skin, and brain health, along with immunity, is attracting the attention of health-savvy consumers when used reasonably. In May 2022, an online survey carried out by the International Food Information Council, a US-based non-profit organization, involving 1,005 Americans between the ages of 18 and 80, revealed that 52% of Food and Health Survey respondents adhered to specific eating habits or patterns, a noticeable increase from 39% in 2021. This surge in controlled eating primarily comes from consumers younger than 50 years of age. The prevalent food routines or eating practices this year include clean eating (16%), mindful eating (14%), calorie counting (13%), and plant-based eating (12%). Consequently, enhanced consumer awareness and health anxieties are expected to stimulate the peanut oil market.

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Which Leading Companies Are Shaping the Growth of the Peanut Oil Market?
Major companies operating in the peanut oil market are Cargill Inc., Archer Daniels Midland Company, Wilmar International Limited, Bunge Limited, CHS Inc., Olam International, Yihai Kerry Investments Co. Ltd., Louis Dreyfus Company, Adani Wilmar, Ruchi Soya Industries Ltd., Hain Celestial Group, J-Oil Mills Inc., Lam Soon Group, Ventura Foods, Agarwal Industries Pvt. Ltd., Liberty Oil Mills Ltd., Golden Peanut and Tree Nuts, Catania Oils, Planters Peanut Co., Agro Indonesia, Manishankar Oils Pvt. Ltd., Shree Ram Proteins Ltd, Kothari Oils

What Are the Major Trends Shaping the Peanut Oil Market?
Key businesses within the peanut oil market are concentrating on launching new and innovative products such as cold-pressed groundnut oils, with an eye on infiltrating the rapidly expanding premium sector of cold-pressed oils. Cold-pressed groundnut oil is essentially peanut oil that has been extracted via traditional cold-press techniques, free of heat or chemical processes. For example, in August 2023, Tata Consumer Products, a company based in India known for its production and supply of consumer edibles and beverages, unveiled a new series of 100% genuine and unrefined cold-pressed oils. Their aim is to ensure these top-quality oils are both accessible and economically viable for a broad span of consumers. The Tata Simply Better Cold Pressed Oils selection includes four types, notably cold-pressed groundnut oil, virgin cold-pressed coconut oil, cold-pressed mustard oil, and cold-pressed sesame (gingelly) oil. Introducing this new line of cold-pressed oils aligns with Tata's strategy to disrupt the norms within this rapidly flourishing category, and offer consumers nutritious alternatives that encourage overall health.

What Are the Key Segments of the Peanut Oil Market?
The peanut oil market covered in this report is segmented -

1) By Type: Refined, Un-Refined
2) By Packaging: Glass Containers, Plastic Containers, Cartons, Plastic Pouches, Other Packaging Types
3) By Distribution Channel: Business To Business, Hypermarket Or Supermarket, Online Sales Channels, Independent Retail Stores
4) By Application: Personal Care Products, Food, Pharmaceutical, Other Application
5) By End Users: Home, Restaurant, Food Manufacture, Other End Users

Subsegments:
1) By Refined Peanut Oil: Bleached Peanut Oil, Deodorized Peanut Oil, Hydrogenated Refined Peanut Oil, Fully Refined Peanut Oil For Cooking, Refined Peanut Oil For Industrial Applications, Refined Peanut Oil For Cosmetic Products
2) By Un-Refined Peanut Oil: Cold-Pressed Un-Refined Peanut Oil, Expeller-Pressed Un-Refined Peanut Oil, Organic Un-Refined Peanut Oil, Virgin Un-Refined Peanut Oil, Un-Refined Peanut Oil For Cooking And Culinary Uses, Un-Refined Peanut Oil For Cosmetic And Personal Care Products

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Which Region Dominates the Peanut Oil Market?
Asia-Pacific was the largest region in the peanut oil market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the peanut oil market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Peanut Oil Global Market Report?

- Market Size Analysis: Analyze the Peanut Oil Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Peanut Oil Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Peanut Oil Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Peanut Oil Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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