Product Code: ETC13297874 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Peanuts Market was valued at USD 16 Billion in 2024 and is expected to reach USD 23.4 Billion by 2031, growing at a compound annual growth rate of 6.60% during the forecast period (2025-2031).
The global peanuts market is driven by increasing consumer awareness regarding the health benefits of peanuts, such as their high protein content, vitamins, and minerals. The market is also influenced by the rising demand for plant-based protein sources among health-conscious consumers. Asia-Pacific holds a significant share in the global market due to its large production and consumption of peanuts, with China and India being the leading producers. The market is characterized by various product forms, including raw peanuts, peanut butter, peanut oil, and processed peanut snacks. Key players in the industry are focusing on product innovation, sustainable sourcing practices, and expanding their distribution networks to capitalize on the growing demand for peanuts worldwide. However, challenges such as price fluctuations and weather-related risks in major peanut-producing regions can impact market growth.
The Global Peanuts Market is witnessing several trends and opportunities. The increasing consumer awareness regarding the health benefits of peanuts, such as being a good source of protein and healthy fats, is driving the market growth. The rising adoption of plant-based diets and the demand for natural and organic food products are also contributing to the market expansion. Additionally, the popularity of peanut-based snacks and spreads is fueling the market further. Opportunities lie in the development of innovative peanut-based products, expanding into new geographical regions, and strategic collaborations with retailers and e-commerce platforms to reach a wider consumer base. With the growing focus on healthy eating habits and sustainability, the Global Peanuts Market is poised for continued growth and innovation.
The Global Peanuts Market faces several challenges, including fluctuating weather conditions affecting crop yields, increasing production costs, and trade barriers impacting international trade. Climate change has led to unpredictable weather patterns, causing challenges for peanut farmers in terms of planting schedules and harvest quality. Rising production costs, such as labor and input costs, pose a financial burden on growers. Additionally, trade barriers, tariffs, and regulations hinder the smooth flow of peanuts across borders, impacting market competitiveness and pricing. Market volatility, pest and disease outbreaks, and quality control issues also contribute to the challenges faced by the Global Peanuts Market, requiring stakeholders to adapt strategies to mitigate risks and ensure sustainable growth.
The Global Peanuts Market is primarily driven by factors such as the increasing demand for plant-based protein sources due to growing health consciousness among consumers, as peanuts are a rich source of protein, fiber, and essential nutrients. Additionally, the versatility of peanuts in various culinary applications, such as snacks, peanut butter, and oils, further boosts their demand. The rising popularity of peanut-based products in the food industry, particularly in emerging markets, is also a significant driver of market growth. Furthermore, the expanding usage of peanuts in the cosmetics and personal care industry for their skincare benefits is contributing to the market expansion. Overall, the increasing consumer awareness of the health benefits and diverse applications of peanuts is fueling the growth of the Global Peanuts Market.
Government policies related to the Global Peanuts Market vary by country but generally focus on production subsidies, import/export regulations, and quality control standards. For instance, in the United States, the government provides subsidies to peanut farmers to support production and ensure a stable supply. In India, export restrictions are in place to protect domestic market stability and control prices. Additionally, countries like China and Argentina have strict quality control standards to meet international trade requirements. Overall, government policies play a significant role in shaping the global peanuts market by influencing production levels, trade flows, and quality standards.
The Global Peanuts Market is expected to witness steady growth in the coming years due to the increasing popularity of plant-based protein sources and the rising demand for healthy snacks. Factors such as the growing awareness about the health benefits of peanuts, their versatile use in various cuisines, and their affordable pricing will drive market growth. Additionally, the expanding food processing industry and the rising trend of veganism and vegetarianism are expected to further fuel the market. However, challenges such as climate change impacting peanut crops, fluctuating prices, and competition from other nut varieties may pose some constraints. Overall, the Global Peanuts Market is projected to experience moderate growth with opportunities for innovation and product diversification to cater to changing consumer preferences.
In the Global Peanuts Market, Asia holds a dominant position due to the high consumption of peanuts in countries like China and India. North America and Europe follow closely behind, with the United States being a major producer and consumer of peanuts. The Middle East and Africa region is also a significant market, driven by the popularity of peanuts in Middle Eastern cuisine. Latin America, particularly countries like Argentina and Brazil, is emerging as a key player in the market due to increasing peanut production and exports. Overall, the global peanuts market is witnessing steady growth across all regions, with Asia leading in consumption, North America and Europe in production, and Latin America showing potential for further expansion.
Global Peanuts 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 Peanuts Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Peanuts Market Revenues & Volume, 2021 & 2031F |
3.3 Global Peanuts Market - Industry Life Cycle |
3.4 Global Peanuts Market - Porter's Five Forces |
3.5 Global Peanuts Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Peanuts Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Global Peanuts Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Global Peanuts Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Global Peanuts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Peanuts Market Trends |
6 Global Peanuts Market, 2021 - 2031 |
6.1 Global Peanuts Market, Revenues & Volume, By Form, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Peanuts Market, Revenues & Volume, By Raw, 2021 - 2031 |
6.1.3 Global Peanuts Market, Revenues & Volume, By Roasted, 2021 - 2031 |
6.1.4 Global Peanuts Market, Revenues & Volume, By Blanched, 2021 - 2031 |
6.1.5 Global Peanuts Market, Revenues & Volume, By Powder, 2021 - 2031 |
6.1.6 Global Peanuts Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Peanuts Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Peanuts Market, Revenues & Volume, By Direct Consumption/Culinary Purpose, 2021 - 2031 |
6.2.3 Global Peanuts Market, Revenues & Volume, By Bakery and Confectionery, 2021 - 2031 |
6.2.4 Global Peanuts Market, Revenues & Volume, By Peanut Butter, 2021 - 2031 |
6.3 Global Peanuts Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Peanuts Market, Revenues & Volume, By Hypermarkets and Supermarkets, 2021 - 2031 |
6.3.3 Global Peanuts Market, Revenues & Volume, By Convenience Stores, 2021 - 2031 |
6.3.4 Global Peanuts Market, Revenues & Volume, By Specialty Stores, 2021 - 2031 |
7 North America Peanuts Market, Overview & Analysis |
7.1 North America Peanuts Market Revenues & Volume, 2021 - 2031 |
7.2 North America Peanuts Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Peanuts Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Peanuts Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Peanuts Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Peanuts Market, Revenues & Volume, By Form, 2021 - 2031 |
7.4 North America Peanuts Market, Revenues & Volume, By Application, 2021 - 2031 |
7.5 North America Peanuts Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
8 Latin America (LATAM) Peanuts Market, Overview & Analysis |
8.1 Latin America (LATAM) Peanuts Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Peanuts Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Peanuts Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Peanuts Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Peanuts Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Peanuts Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Peanuts Market, Revenues & Volume, By Form, 2021 - 2031 |
8.4 Latin America (LATAM) Peanuts Market, Revenues & Volume, By Application, 2021 - 2031 |
8.5 Latin America (LATAM) Peanuts Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
9 Asia Peanuts Market, Overview & Analysis |
9.1 Asia Peanuts Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Peanuts Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Peanuts Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Peanuts Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Peanuts Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Peanuts Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Peanuts Market, Revenues & Volume, By Form, 2021 - 2031 |
9.4 Asia Peanuts Market, Revenues & Volume, By Application, 2021 - 2031 |
9.5 Asia Peanuts Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
10 Africa Peanuts Market, Overview & Analysis |
10.1 Africa Peanuts Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Peanuts Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Peanuts Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Peanuts Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Peanuts Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Peanuts Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Peanuts Market, Revenues & Volume, By Form, 2021 - 2031 |
10.4 Africa Peanuts Market, Revenues & Volume, By Application, 2021 - 2031 |
10.5 Africa Peanuts Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
11 Europe Peanuts Market, Overview & Analysis |
11.1 Europe Peanuts Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Peanuts Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Peanuts Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Peanuts Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Peanuts Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Peanuts Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Peanuts Market, Revenues & Volume, By Form, 2021 - 2031 |
11.4 Europe Peanuts Market, Revenues & Volume, By Application, 2021 - 2031 |
11.5 Europe Peanuts Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
12 Middle East Peanuts Market, Overview & Analysis |
12.1 Middle East Peanuts Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Peanuts Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Peanuts Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Peanuts Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Peanuts Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Peanuts Market, Revenues & Volume, By Form, 2021 - 2031 |
12.4 Middle East Peanuts Market, Revenues & Volume, By Application, 2021 - 2031 |
12.5 Middle East Peanuts Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
13 Global Peanuts Market Key Performance Indicators |
14 Global Peanuts Market - Export/Import By Countries Assessment |
15 Global Peanuts Market - Opportunity Assessment |
15.1 Global Peanuts Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Peanuts Market Opportunity Assessment, By Form, 2021 & 2031F |
15.3 Global Peanuts Market Opportunity Assessment, By Application, 2021 & 2031F |
15.4 Global Peanuts Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
16 Global Peanuts Market - Competitive Landscape |
16.1 Global Peanuts Market Revenue Share, By Companies, 2024 |
16.2 Global Peanuts Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |