Product Code: ETC13324360 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Groundnut Oil Market was valued at USD 3.2 Billion in 2024 and is expected to reach USD 4.65 Billion by 2031, growing at a compound annual growth rate of 5.60% during the forecast period (2025-2031).
The global groundnut oil market is witnessing steady growth driven by factors such as increasing consumer awareness about the health benefits of groundnut oil, growing demand for natural and organic products, and rising applications in food and beverage industries. Asia-Pacific region dominates the market owing to the high consumption of groundnut oil in countries like India and China. The market is also influenced by shifting consumer preferences towards healthier cooking oils and the rise in vegan and plant-based diets. Key players in the market are focusing on product innovations, expanding distribution networks, and strategic partnerships to gain a competitive edge. However, challenges such as fluctuating groundnut prices and increasing competition from other cooking oils may hinder market growth in the coming years.
The Global Groundnut Oil Market is experiencing growth fueled by the rising awareness regarding the health benefits of groundnut oil, such as its high levels of monounsaturated fats and antioxidants. Consumers are increasingly seeking healthier cooking oil alternatives, driving the demand for groundnut oil. Additionally, the expanding food industry and the popularity of ethnic cuisines that use groundnut oil as a key ingredient are further boosting market growth. Manufacturers are focusing on product innovation, such as organic and cold-pressed groundnut oil variants, to cater to the evolving consumer preferences for natural and premium products. With the increasing emphasis on sustainability and environmentally friendly practices, there are opportunities for market players to explore eco-friendly packaging solutions and expand their presence in emerging markets with a growing demand for healthier cooking oils.
The Global Groundnut Oil Market faces several challenges, including fluctuating prices due to variations in groundnut crop yields, shifting consumer preferences towards healthier alternatives, such as olive or coconut oil, and the impact of climate change on groundnut production. Additionally, concerns around allergen labeling and potential cross-contamination with other nut oils pose challenges for manufacturers in ensuring product safety and compliance with regulations. Market saturation and intense competition from other vegetable oils further add to the complexities faced by groundnut oil producers in maintaining market share and profitability. Overall, navigating these challenges requires proactive strategies such as diversifying product offerings, enhancing sustainability practices in sourcing and production, and effectively communicating the health benefits of groundnut oil to consumers.
The Global Groundnut Oil Market is primarily driven by the increasing awareness among consumers regarding the health benefits of groundnut oil, such as its high levels of unsaturated fats and vitamin E. Growing demand for natural and organic products, along with the rising popularity of ethnic cuisines that use groundnut oil as a key ingredient, are also fueling market growth. Additionally, the versatility of groundnut oil in various culinary applications, its affordability compared to other oils, and the expanding food processing industry are contributing factors. Furthermore, advancements in production processes, distribution channels, and marketing strategies by key players in the market are expected to drive further growth and innovation in the Global Groundnut Oil Market.
Government policies related to the Global Groundnut Oil Market vary by country, but generally focus on agricultural subsidies, trade regulations, and quality control measures. In major groundnut oil producing countries like India and China, government support includes subsidies for farmers to promote production, as well as import/export regulations to ensure a stable market. Quality control standards are also enforced to maintain product integrity and meet international trade requirements. Additionally, some countries may implement price stabilization mechanisms to prevent market fluctuations. Overall, government policies play a significant role in shaping the dynamics of the Global Groundnut Oil Market by influencing production levels, trade patterns, and product quality standards.
The Global Groundnut Oil Market is expected to witness steady growth in the coming years, driven by increasing consumer awareness regarding the health benefits of groundnut oil such as its high levels of monounsaturated fats and Vitamin E. The rising demand for natural and healthy cooking oils, coupled with the expanding food processing industry, will further propel the market growth. Additionally, the versatility of groundnut oil in various culinary applications, along with its pleasant flavor profile, will continue to boost its popularity among consumers. However, challenges such as fluctuating groundnut prices and competition from other vegetable oils may impact market dynamics. Overall, innovations in production techniques, sustainable sourcing practices, and marketing strategies will play a crucial role in shaping the future of the Global Groundnut Oil Market.
In the global groundnut oil market, Asia holds a significant share due to the high consumption of groundnut oil in countries like India and China, where it is a staple cooking oil. North America and Europe also have a notable presence in the market, driven by the increasing demand for healthy cooking oils. In the Middle East and Africa region, groundnut oil is widely used in traditional cuisine, contributing to the market growth. Latin America is emerging as a key market for groundnut oil, with growing awareness of its health benefits. Overall, the market is witnessing steady growth across all regions, with Asia remaining a dominant force in the global groundnut oil market.
Global Groundnut Oil Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Groundnut Oil Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Groundnut Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Global Groundnut Oil Market - Industry Life Cycle |
3.4 Global Groundnut Oil Market - Porter's Five Forces |
3.5 Global Groundnut Oil Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Groundnut Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Groundnut Oil Market Revenues & Volume Share, By Extraction Method, 2021 & 2031F |
3.8 Global Groundnut Oil Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
3.9 Global Groundnut Oil Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.10 Global Groundnut Oil Market Revenues & Volume Share, By Consumer Type, 2021 & 2031F |
4 Global Groundnut Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Groundnut Oil Market Trends |
6 Global Groundnut Oil Market, 2021 - 2031 |
6.1 Global Groundnut Oil Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Groundnut Oil Market, Revenues & Volume, By Refined, 2021 - 2031 |
6.1.3 Global Groundnut Oil Market, Revenues & Volume, By Unrefined, 2021 - 2031 |
6.1.4 Global Groundnut Oil Market, Revenues & Volume, By Blended, 2021 - 2031 |
6.2 Global Groundnut Oil Market, Revenues & Volume, By Extraction Method, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Groundnut Oil Market, Revenues & Volume, By Cold-Pressed, 2021 - 2031 |
6.2.3 Global Groundnut Oil Market, Revenues & Volume, By Solvent-Extracted, 2021 - 2031 |
6.2.4 Global Groundnut Oil Market, Revenues & Volume, By Expeller-Pressed, 2021 - 2031 |
6.3 Global Groundnut Oil Market, Revenues & Volume, By Packaging Type, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Groundnut Oil Market, Revenues & Volume, By Glass Bottles, 2021 - 2031 |
6.3.3 Global Groundnut Oil Market, Revenues & Volume, By Plastic Bottles, 2021 - 2031 |
6.3.4 Global Groundnut Oil Market, Revenues & Volume, By Tins & Pouches, 2021 - 2031 |
6.4 Global Groundnut Oil Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Groundnut Oil Market, Revenues & Volume, By Supers, 2021 - 2031 |
6.4.3 Global Groundnut Oil Market, Revenues & Volume, By Online Retail, 2021 - 2031 |
6.4.4 Global Groundnut Oil Market, Revenues & Volume, By Convenience Stores, 2021 - 2031 |
6.5 Global Groundnut Oil Market, Revenues & Volume, By Consumer Type, 2021 - 2031 |
6.5.1 Overview & Analysis |
6.5.2 Global Groundnut Oil Market, Revenues & Volume, By Household, 2021 - 2031 |
6.5.3 Global Groundnut Oil Market, Revenues & Volume, By HoReCa, 2021 - 2031 |
6.5.4 Global Groundnut Oil Market, Revenues & Volume, By Commercial, 2021 - 2031 |
7 North America Groundnut Oil Market, Overview & Analysis |
7.1 North America Groundnut Oil Market Revenues & Volume, 2021 - 2031 |
7.2 North America Groundnut Oil Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Groundnut Oil Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Groundnut Oil Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Groundnut Oil Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Groundnut Oil Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Groundnut Oil Market, Revenues & Volume, By Extraction Method, 2021 - 2031 |
7.5 North America Groundnut Oil Market, Revenues & Volume, By Packaging Type, 2021 - 2031 |
7.6 North America Groundnut Oil Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
7.7 North America Groundnut Oil Market, Revenues & Volume, By Consumer Type, 2021 - 2031 |
8 Latin America (LATAM) Groundnut Oil Market, Overview & Analysis |
8.1 Latin America (LATAM) Groundnut Oil Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Groundnut Oil Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Groundnut Oil Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Groundnut Oil Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Groundnut Oil Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Groundnut Oil Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Groundnut Oil Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Groundnut Oil Market, Revenues & Volume, By Extraction Method, 2021 - 2031 |
8.5 Latin America (LATAM) Groundnut Oil Market, Revenues & Volume, By Packaging Type, 2021 - 2031 |
8.6 Latin America (LATAM) Groundnut Oil Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
8.7 Latin America (LATAM) Groundnut Oil Market, Revenues & Volume, By Consumer Type, 2021 - 2031 |
9 Asia Groundnut Oil Market, Overview & Analysis |
9.1 Asia Groundnut Oil Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Groundnut Oil Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Groundnut Oil Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Groundnut Oil Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Groundnut Oil Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Groundnut Oil Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Groundnut Oil Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Groundnut Oil Market, Revenues & Volume, By Extraction Method, 2021 - 2031 |
9.5 Asia Groundnut Oil Market, Revenues & Volume, By Packaging Type, 2021 - 2031 |
9.6 Asia Groundnut Oil Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
9.7 Asia Groundnut Oil Market, Revenues & Volume, By Consumer Type, 2021 - 2031 |
10 Africa Groundnut Oil Market, Overview & Analysis |
10.1 Africa Groundnut Oil Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Groundnut Oil Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Groundnut Oil Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Groundnut Oil Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Groundnut Oil Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Groundnut Oil Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Groundnut Oil Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Groundnut Oil Market, Revenues & Volume, By Extraction Method, 2021 - 2031 |
10.5 Africa Groundnut Oil Market, Revenues & Volume, By Packaging Type, 2021 - 2031 |
10.6 Africa Groundnut Oil Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
10.7 Africa Groundnut Oil Market, Revenues & Volume, By Consumer Type, 2021 - 2031 |
11 Europe Groundnut Oil Market, Overview & Analysis |
11.1 Europe Groundnut Oil Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Groundnut Oil Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Groundnut Oil Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Groundnut Oil Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Groundnut Oil Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Groundnut Oil Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Groundnut Oil Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Groundnut Oil Market, Revenues & Volume, By Extraction Method, 2021 - 2031 |
11.5 Europe Groundnut Oil Market, Revenues & Volume, By Packaging Type, 2021 - 2031 |
11.6 Europe Groundnut Oil Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
11.7 Europe Groundnut Oil Market, Revenues & Volume, By Consumer Type, 2021 - 2031 |
12 Middle East Groundnut Oil Market, Overview & Analysis |
12.1 Middle East Groundnut Oil Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Groundnut Oil Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Groundnut Oil Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Groundnut Oil Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Groundnut Oil Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Groundnut Oil Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Groundnut Oil Market, Revenues & Volume, By Extraction Method, 2021 - 2031 |
12.5 Middle East Groundnut Oil Market, Revenues & Volume, By Packaging Type, 2021 - 2031 |
12.6 Middle East Groundnut Oil Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
12.7 Middle East Groundnut Oil Market, Revenues & Volume, By Consumer Type, 2021 - 2031 |
13 Global Groundnut Oil Market Key Performance Indicators |
14 Global Groundnut Oil Market - Export/Import By Countries Assessment |
15 Global Groundnut Oil Market - Opportunity Assessment |
15.1 Global Groundnut Oil Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Groundnut Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Groundnut Oil Market Opportunity Assessment, By Extraction Method, 2021 & 2031F |
15.4 Global Groundnut Oil Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
15.5 Global Groundnut Oil Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
15.6 Global Groundnut Oil Market Opportunity Assessment, By Consumer Type, 2021 & 2031F |
16 Global Groundnut Oil Market - Competitive Landscape |
16.1 Global Groundnut Oil Market Revenue Share, By Companies, 2024 |
16.2 Global Groundnut Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |