Product Code: ETC13297873 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Peanut Oil Market was valued at USD 7.3 Billion in 2024 and is expected to reach USD 10.5 Billion by 2031, growing at a compound annual growth rate of 6.70% during the forecast period (2025-2031).
The global peanut oil market is expected to witness steady growth due to increasing consumer awareness regarding the health benefits of peanut oil, such as its high unsaturated fat content and vitamin E content. The market is driven by the rising demand for natural and healthy cooking oils, especially in the food industry. Additionally, the versatility of peanut oil in various applications, including cooking, cosmetics, and pharmaceuticals, further contributes to its market growth. Key players in the industry are focusing on product innovation and expanding their distribution networks to cater to the growing demand for peanut oil worldwide. Factors such as increasing disposable income, changing dietary preferences, and the growing popularity of Asian cuisines are anticipated to drive the market growth for peanut oil in the coming years.
The Global Peanut Oil Market is experiencing a shift towards healthier cooking oils due to increasing awareness of the health benefits of peanut oil, such as its high levels of monounsaturated fats and Vitamin E. This trend is driving the demand for peanut oil in various culinary applications, including frying, sautéing, and salad dressings. Additionally, the rising popularity of Asian cuisines in Western countries is boosting the consumption of peanut oil, as it is a staple ingredient in many dishes. Opportunities for market growth lie in product innovation, such as the introduction of organic and cold-pressed peanut oils to cater to health-conscious consumers. Furthermore, expanding distribution channels and marketing strategies to promote the versatility and nutritional value of peanut oil can help capture a larger market share.
The Global Peanut Oil Market faces various challenges, including fluctuating peanut prices due to weather conditions affecting crop yields, increasing competition from other vegetable oils, and changing consumer preferences towards healthier alternatives. Additionally, issues related to food safety and quality standards, as well as concerns about allergen labeling regulations, pose challenges for market players. Political and economic factors, such as trade policies and currency fluctuations, also impact the market dynamics. Sustainability issues, including environmental impact and social responsibility in peanut cultivation and processing, are becoming increasingly important for both consumers and industry stakeholders. Overall, navigating these challenges requires market players to adapt their strategies, innovate in product development, and maintain efficient supply chains to remain competitive in the Global Peanut Oil Market.
The Global Peanut Oil Market is primarily driven by the increasing demand for healthier cooking oils due to growing awareness about the health benefits associated with peanut oil consumption. The rising prevalence of chronic diseases such as heart ailments and obesity has led consumers to shift towards healthier alternatives like peanut oil, which is known for its high monounsaturated fat content and various nutrients. Additionally, the expanding food industry and the popularity of Asian cuisines worldwide contribute to the market growth as peanut oil is a staple ingredient in many traditional dishes. The versatility of peanut oil in culinary applications, its pleasant flavor profile, and its high smoke point further fuel its demand, driving the growth of the Global Peanut Oil Market.
Government policies related to the Global Peanut Oil Market vary by country, with some nations offering subsidies to peanut farmers to ensure a stable supply of raw materials, while others impose tariffs or trade restrictions to protect domestic industries. Additionally, regulations on food safety, labeling requirements, and environmental standards also impact the production and trade of peanut oil. In recent years, there has been a growing focus on sustainability and eco-friendly practices in the peanut oil industry, leading some governments to incentivize producers to adopt more sustainable methods of cultivation and processing. Overall, government policies play a significant role in shaping the dynamics of the Global Peanut Oil Market, influencing factors such as production levels, pricing, and market accessibility.
The Global Peanut Oil Market is poised for steady growth in the coming years due to increasing consumer awareness about the health benefits of peanut oil, its versatile applications in cooking, and the rising demand for natural and organic food products. The market is expected to be driven by factors such as the growing popularity of Asian cuisines globally, the expanding food industry, and the rising disposable income levels in emerging economies. Additionally, the shift towards healthier cooking oils as a result of the growing prevalence of lifestyle diseases is expected to further boost the demand for peanut oil. Manufacturers are likely to focus on product innovation, quality standards, and sustainable sourcing practices to cater to the evolving consumer preferences, thereby contributing to the overall growth of the Global Peanut Oil Market.
In the Global Peanut Oil Market, different regions exhibit distinct trends. Asia holds a significant share of the market due to the high consumption of peanut oil in countries like China and India for cooking purposes. North America and Europe are witnessing a growing demand for peanut oil owing to the increasing awareness about its health benefits and use in various cuisines. In the Middle East and Africa region, the market is driven by the traditional use of peanut oil in local cuisines and increasing adoption in the food industry. Latin America is also a key player in the market, with countries like Argentina and Brazil being major producers and exporters of peanut oil. Overall, the global peanut oil market shows diverse regional dynamics influenced by cultural preferences, health consciousness, and culinary traditions.
Global Peanut 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 Peanut Oil Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Peanut Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Global Peanut Oil Market - Industry Life Cycle |
3.4 Global Peanut Oil Market - Porter's Five Forces |
3.5 Global Peanut Oil Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Peanut Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Peanut Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Peanut Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Peanut Oil Market Trends |
6 Global Peanut Oil Market, 2021 - 2031 |
6.1 Global Peanut Oil Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Peanut Oil Market, Revenues & Volume, By Refined, 2021 - 2031 |
6.1.3 Global Peanut Oil Market, Revenues & Volume, By Unrefined, 2021 - 2031 |
6.2 Global Peanut Oil Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Peanut Oil Market, Revenues & Volume, By Personal Care, 2021 - 2031 |
6.2.3 Global Peanut Oil Market, Revenues & Volume, By Food, 2021 - 2031 |
6.2.4 Global Peanut Oil Market, Revenues & Volume, By Pharmaceuticals, 2021 - 2031 |
6.2.5 Global Peanut Oil Market, Revenues & Volume, By Other Applications, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Peanut Oil Market, Overview & Analysis |
7.1 North America Peanut Oil Market Revenues & Volume, 2021 - 2031 |
7.2 North America Peanut Oil Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Peanut Oil Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Peanut Oil Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Peanut Oil Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Peanut Oil Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Peanut Oil Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Peanut Oil Market, Overview & Analysis |
8.1 Latin America (LATAM) Peanut Oil Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Peanut Oil Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Peanut Oil Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Peanut Oil Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Peanut Oil Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Peanut Oil Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Peanut Oil Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Peanut Oil Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Peanut Oil Market, Overview & Analysis |
9.1 Asia Peanut Oil Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Peanut Oil Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Peanut Oil Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Peanut Oil Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Peanut Oil Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Peanut Oil Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Peanut Oil Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Peanut Oil Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Peanut Oil Market, Overview & Analysis |
10.1 Africa Peanut Oil Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Peanut Oil Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Peanut Oil Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Peanut Oil Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Peanut Oil Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Peanut Oil Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Peanut Oil Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Peanut Oil Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Peanut Oil Market, Overview & Analysis |
11.1 Europe Peanut Oil Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Peanut Oil Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Peanut Oil Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Peanut Oil Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Peanut Oil Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Peanut Oil Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Peanut Oil Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Peanut Oil Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Peanut Oil Market, Overview & Analysis |
12.1 Middle East Peanut Oil Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Peanut Oil Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Peanut Oil Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Peanut Oil Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Peanut Oil Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Peanut Oil Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Peanut Oil Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Peanut Oil Market Key Performance Indicators |
14 Global Peanut Oil Market - Export/Import By Countries Assessment |
15 Global Peanut Oil Market - Opportunity Assessment |
15.1 Global Peanut Oil Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Peanut Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Peanut Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Peanut Oil Market - Competitive Landscape |
16.1 Global Peanut Oil Market Revenue Share, By Companies, 2024 |
16.2 Global Peanut Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |