Product Code: ETC13131846 | 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 Peanut Milk Market was valued at USD 1.5 Billion in 2024 and is expected to reach USD 2.1 Billion by 2031, growing at a compound annual growth rate of 4.90% during the forecast period (2025-2031).
The Global Peanut Milk Market is experiencing significant growth driven by the increasing consumer demand for plant-based milk alternatives. Peanut milk, made from blending water with peanuts, offers a creamy texture and nutty flavor, appealing to health-conscious consumers seeking dairy-free options. The market is witnessing a surge in product innovation, with manufacturers introducing flavored variants and fortified options to cater to diverse consumer preferences. Growing awareness of the health benefits associated with peanuts, such as their high protein and healthy fat content, is further fueling the market expansion. Key players in the industry are focusing on expanding their distribution channels and launching marketing campaigns to capitalize on the rising popularity of peanut milk. With the plant-based milk sector projected to continue growing, the Global Peanut Milk Market is poised for further expansion in the coming years.
The Global Peanut Milk Market is experiencing a growing demand due to the rising popularity of plant-based milk alternatives among health-conscious consumers. Peanut milk is gaining traction as a nutritious dairy-free option with its high protein content, rich flavor, and potential health benefits. The market is witnessing increasing product innovation and launches of new peanut milk products infused with various flavors and nutrients to cater to diverse consumer preferences. Opportunities exist for market players to capitalize on the growing trend of plant-based diets, as well as to target consumers seeking allergen-friendly alternatives. With the increasing focus on sustainability and ethical sourcing, there is also potential for brands to differentiate themselves by promoting environmentally friendly practices in peanut milk production.
The Global Peanut Milk Market faces several challenges, including limited consumer awareness and acceptance of peanut milk as a viable alternative to traditional dairy and plant-based milks. Additionally, concerns regarding allergen labeling and cross-contamination with other nuts present obstacles for individuals with peanut allergies. Supply chain issues such as sourcing high-quality peanuts and ensuring consistent production standards also impact the market. Competition from other plant-based milk options and the need for effective marketing strategies to differentiate peanut milk from established alternatives further complicate market growth. Overcoming these challenges will require targeted educational campaigns, improved labeling practices, stringent quality control measures, and innovative product development to expand the consumer base and drive demand for peanut milk globally.
The Global Peanut Milk Market is being primarily driven by the increasing consumer demand for plant-based milk alternatives due to health and wellness trends, lactose intolerance, and environmental concerns. Peanut milk is gaining popularity as a dairy-free, nutritious option that is high in protein, vitamins, and minerals. The rising awareness of the health benefits of peanuts, such as their heart-healthy fats and antioxidant properties, is also contributing to the market growth. Additionally, the growing vegan population and the expansion of product offerings by manufacturers to include various flavors and formulations are further fueling the demand for peanut milk as a versatile and tasty alternative to traditional dairy milk.
Government policies related to the Global Peanut Milk Market vary by country but generally focus on food safety regulations, labeling requirements, and trade agreements. In the United States, the Food and Drug Administration (FDA) regulates the production and labeling of peanut milk to ensure it meets safety standards and is accurately labeled for consumers. In the European Union, the European Food Safety Authority (EFSA) sets guidelines for food safety and nutrition labeling, which also apply to peanut milk products. Additionally, trade agreements and tariffs can impact the import and export of peanut milk products between countries, influencing market dynamics. Overall, government policies play a crucial role in shaping the regulatory environment for the Global Peanut Milk Market, ensuring product quality and consumer protection.
The Global Peanut Milk Market is expected to witness significant growth in the coming years, driven by increasing consumer demand for plant-based milk alternatives due to health and environmental concerns. Peanut milk, with its nutritional benefits including high protein content and a rich, creamy texture, is gaining popularity among health-conscious consumers looking for dairy-free options. Additionally, the rising prevalence of lactose intolerance and dairy allergies is further fueling the demand for peanut milk as a suitable substitute. Manufacturers are also innovating with flavors and packaging to cater to diverse consumer preferences. As the market continues to expand, collaborations and partnerships between peanut milk producers and retailers are likely to play a key role in driving distribution and market penetration, positioning peanut milk as a mainstream dairy alternative in the global market.
In the global peanut milk market, Asia is expected to dominate due to the widespread popularity of peanuts in countries like China and India. North America is also a key market, driven by the increasing demand for plant-based milk alternatives. In Europe, the market for peanut milk is growing steadily as consumers seek healthier and sustainable options. The Middle East and Africa region is seeing a gradual uptake of peanut milk, primarily driven by the rising awareness of lactose intolerance and the health benefits of plant-based products. In Latin America, the market for peanut milk is poised for growth as consumers embrace non-dairy alternatives and the rich nutritional profile of peanuts. Overall, the global peanut milk market is witnessing significant traction across these regions, driven by the increasing preference for plant-based beverages.
Global Peanut Milk 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 Peanut Milk Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Peanut Milk Market Revenues & Volume, 2021 & 2031F |
3.3 Global Peanut Milk Market - Industry Life Cycle |
3.4 Global Peanut Milk Market - Porter's Five Forces |
3.5 Global Peanut Milk Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Peanut Milk Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.7 Global Peanut Milk Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
3.8 Global Peanut Milk Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Global Peanut Milk Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Global Peanut Milk Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Peanut Milk Market Trends |
6 Global Peanut Milk Market, 2021 - 2031 |
6.1 Global Peanut Milk Market, Revenues & Volume, By Nature, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Peanut Milk Market, Revenues & Volume, By Organic, 2021 - 2031 |
6.1.3 Global Peanut Milk Market, Revenues & Volume, By Conventional, 2021 - 2031 |
6.2 Global Peanut Milk Market, Revenues & Volume, By Packaging Type, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Peanut Milk Market, Revenues & Volume, By Bottles, 2021 - 2031 |
6.2.3 Global Peanut Milk Market, Revenues & Volume, By Aseptic cartoon, 2021 - 2031 |
6.3 Global Peanut Milk Market, Revenues & Volume, By Application, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Peanut Milk Market, Revenues & Volume, By Food processing industry, 2021 - 2031 |
6.3.3 Global Peanut Milk Market, Revenues & Volume, By Bakery & confectionery, 2021 - 2031 |
6.3.4 Global Peanut Milk Market, Revenues & Volume, By Beverages, 2021 - 2031 |
6.3.5 Global Peanut Milk Market, Revenues & Volume, By Proteins bars & Supplements, 2021 - 2031 |
6.3.6 Global Peanut Milk Market, Revenues & Volume, By Others, 2021 - 2031 |
6.4 Global Peanut Milk Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Peanut Milk Market, Revenues & Volume, By Supermarket/Hypermarket, 2021 - 2031 |
6.4.3 Global Peanut Milk Market, Revenues & Volume, By Convenience Stores, 2021 - 2031 |
6.4.4 Global Peanut Milk Market, Revenues & Volume, By Specialty Stores, 2021 - 2031 |
6.4.5 Global Peanut Milk Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Peanut Milk Market, Overview & Analysis |
7.1 North America Peanut Milk Market Revenues & Volume, 2021 - 2031 |
7.2 North America Peanut Milk Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Peanut Milk Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Peanut Milk Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Peanut Milk Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Peanut Milk Market, Revenues & Volume, By Nature, 2021 - 2031 |
7.4 North America Peanut Milk Market, Revenues & Volume, By Packaging Type, 2021 - 2031 |
7.5 North America Peanut Milk Market, Revenues & Volume, By Application, 2021 - 2031 |
7.6 North America Peanut Milk Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
8 Latin America (LATAM) Peanut Milk Market, Overview & Analysis |
8.1 Latin America (LATAM) Peanut Milk Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Peanut Milk Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Peanut Milk Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Peanut Milk Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Peanut Milk Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Peanut Milk Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Peanut Milk Market, Revenues & Volume, By Nature, 2021 - 2031 |
8.4 Latin America (LATAM) Peanut Milk Market, Revenues & Volume, By Packaging Type, 2021 - 2031 |
8.5 Latin America (LATAM) Peanut Milk Market, Revenues & Volume, By Application, 2021 - 2031 |
8.6 Latin America (LATAM) Peanut Milk Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
9 Asia Peanut Milk Market, Overview & Analysis |
9.1 Asia Peanut Milk Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Peanut Milk Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Peanut Milk Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Peanut Milk Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Peanut Milk Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Peanut Milk Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Peanut Milk Market, Revenues & Volume, By Nature, 2021 - 2031 |
9.4 Asia Peanut Milk Market, Revenues & Volume, By Packaging Type, 2021 - 2031 |
9.5 Asia Peanut Milk Market, Revenues & Volume, By Application, 2021 - 2031 |
9.6 Asia Peanut Milk Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
10 Africa Peanut Milk Market, Overview & Analysis |
10.1 Africa Peanut Milk Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Peanut Milk Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Peanut Milk Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Peanut Milk Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Peanut Milk Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Peanut Milk Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Peanut Milk Market, Revenues & Volume, By Nature, 2021 - 2031 |
10.4 Africa Peanut Milk Market, Revenues & Volume, By Packaging Type, 2021 - 2031 |
10.5 Africa Peanut Milk Market, Revenues & Volume, By Application, 2021 - 2031 |
10.6 Africa Peanut Milk Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
11 Europe Peanut Milk Market, Overview & Analysis |
11.1 Europe Peanut Milk Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Peanut Milk Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Peanut Milk Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Peanut Milk Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Peanut Milk Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Peanut Milk Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Peanut Milk Market, Revenues & Volume, By Nature, 2021 - 2031 |
11.4 Europe Peanut Milk Market, Revenues & Volume, By Packaging Type, 2021 - 2031 |
11.5 Europe Peanut Milk Market, Revenues & Volume, By Application, 2021 - 2031 |
11.6 Europe Peanut Milk Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
12 Middle East Peanut Milk Market, Overview & Analysis |
12.1 Middle East Peanut Milk Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Peanut Milk Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Peanut Milk Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Peanut Milk Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Peanut Milk Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Peanut Milk Market, Revenues & Volume, By Nature, 2021 - 2031 |
12.4 Middle East Peanut Milk Market, Revenues & Volume, By Packaging Type, 2021 - 2031 |
12.5 Middle East Peanut Milk Market, Revenues & Volume, By Application, 2021 - 2031 |
12.6 Middle East Peanut Milk Market, Revenues & Volume, By Sales Channel, 2021 - 2031 |
13 Global Peanut Milk Market Key Performance Indicators |
14 Global Peanut Milk Market - Export/Import By Countries Assessment |
15 Global Peanut Milk Market - Opportunity Assessment |
15.1 Global Peanut Milk Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Peanut Milk Market Opportunity Assessment, By Nature, 2021 & 2031F |
15.3 Global Peanut Milk Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
15.4 Global Peanut Milk Market Opportunity Assessment, By Application, 2021 & 2031F |
15.5 Global Peanut Milk Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
16 Global Peanut Milk Market - Competitive Landscape |
16.1 Global Peanut Milk Market Revenue Share, By Companies, 2024 |
16.2 Global Peanut Milk Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |