Press release
Top Factor Driving Peanut Oil Market Growth in 2025: Peanut Oil Market Growth Fueled By Consumer Awareness And Health Concerns
Peanut Oil
Growing consumer awareness and health concerns are expected to drive the growth of the peanut oil market. As consumers become more health-conscious and seek transparency in product labeling, demand for peanut oil, known for its health benefits, is increasing. In May 2022, the International Food Information Council found that 52% of Americans followed a specific diet or eating pattern, up from 39% in 2021. Therefore, growing health awareness is expected to fuel the peanut oil market.
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What Is the projected market size and growth rate for the peanut oil market?
The peanut oil market has shown strong growth, expected to rise from $10.25 billion in 2024 to $10.81 billion in 2025, at a CAGR of 5.5%. The growth is supported by increasing demand for processed foods, greater consumer awareness, rising demand for peanut oil in cosmetics and personal care products, and government support for agriculture.
The peanut oil market is expected to see steady growth, reaching $13.32 billion by 2029 with a CAGR of 5.4%. Growth drivers include the rise in quick-service restaurants, higher disposable incomes, growing health awareness, higher food expenditures, and demand for processed foods. Major trends include novel processing technologies, cold pressing, advanced oil processing machines, and partnerships.
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What new trends are reshaping the peanut oil market and its opportunities?
Companies in the peanut oil market are developing innovative products, such as cold-pressed groundnut oils, to capture the premium segment of the market. Tata Consumer Products, an India-based company, launched a range of cold-pressed oils in August 2023, including cold-pressed groundnut oil, offering consumers premium and unrefined oils as part of its strategy to redefine market standards.
What major market segments define the scope and growth 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.
Which key market leaders are driving the peanut oil industry growth?
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
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What Is Covered In The Peanut Oil Global Market Report?
•Market Size Forecast: Examine the peanut oil market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the peanut oil market for a structured understanding.
•Key Players Overview: Analyze major players in the peanut oil market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the peanut oil market.
•Segment Contributions: Evaluate how different segments drive overall growth in the peanut oil market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the peanut oil market.
•Industry Challenges: Identify potential risks and obstacles affecting the peanut oil market.
•Competitive Landscape: Review strategic developments in the peanut oil market, including expansions, agreements, and new product launches.
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