Unlocking Opportunities in the Peanut Oil Market: 2025-2034 Forecast Report

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What Will the Peanut Oil Industry Market Size Be by 2025?
Over the past few years, a significant expansion in the peanut oil market size has been observed. The market, currently valued at $10.25 billion in 2024, is projected to increase to $10.81 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 5.5%. The substantial growth during the historical period is due to factors such as an increase in demand for processed foods, heightened consumer awareness, heightened need for peanut oil in the cosmetics and personal care industries, as well as governmental support for the agricultural sector.

What's the Long-Term Growth Forecast for the Peanut Oil Market Size Through 2029?
The market size for peanut oil is predicted to experience robust growth in the future, culminating in a market worth of $13.32 billion by 2029, with a compound annual growth rate (CAGR) of 5.4%. This growth during the forecast period can be credited to several factors like the growing number of quick-service restaurants, higher disposable income, increased consciousness about health, a surge in food and beverage expenses and the escalating demand for processed food. Foreseeable trends for the forecasting period involve state-of-the-art processing technologies, cold pressing technology, technological advancements, advanced oil processing machinery as well as collaborations and partnerships.

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What Are the Key Growth Drivers Fueling the Peanut Oil Market Expansion?
The peanut oil market's expansion is anticipated to be fueled by escalating consumer awareness and health-related worries. With greater access to information, enhanced product transparency expectations, and an increased focus on personal health, more consumers are becoming mindful of their health. The versatility of peanut oil as a cooking ingredient that enhances heart, skin, and brain health, as well as the immune system, makes it ideal for those paying attention to their health, when used in controlled quantities. For instance, in May 2022, a survey by the US-based non-profit, International Food Information Council, involving 1,005 Americans aged between 18 and 80, found that 52% of Food and Health Survey respondents stuck to a particular diet or eating habit, a distinct increase from the previous year's 39%. The rise in dieting majorly stems from individuals below 50 years. The popular diets this year range from clean eating (16%), mindful eating (14%), calorie counting (13%), to plant-based eating (12%). Hence, the peanut oil market will be propelled by rising consumer awareness and health-related concerns.

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What Are the Key Trends Driving Peanut Oil Market Growth?
Leading firms in the peanut oil market are putting their efforts into creating novel products, including cold-pressed groundnut oils, with the aim of carving out a niche in the burgeoning premium cold-pressed oils segment. This involves the production of groundnut or peanut oils via the traditional cold-pressed technique, which eliminates the need for heating or chemical processing. For example, in August 2023, an entity known for manufacturing and supplying consumer food and beverages in India - Tata Consumer Products, introduced a new lineup of completely pure and unrefined cold-pressed oils. The decision was aimed at making high-grade oils both affordable and available to an extensive range of customers. The Tata Simply Better Cold Pressed Oils catalogue comprises four different kinds, which include cold-pressed groundnut oil, virgin cold-pressed coconut oil, cold-pressed mustard oil, and cold-pressed sesame (gingelly) oil. Tata's launch of this fresh array of cold-pressed oils forms a significant part of their approach to revolutionize this fast-paced category and offer customers nutritious substitutes that enhance their overall health and wellness.

How Is the Peanut Oil Market Segmented?
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 Companies Are Leading the Charge in Peanut Oil Market Innovation?
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

Which Regions Are Leading the Global Peanut Oil Market in Revenue?
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.

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