India Peanut Meal Market (2025-2031) Outlook | Share, Size, Forecast, Growth, Revenue, Value, Industry, Trends, Companies & Analysis

Market Forecast By Animal Type (Ruminants, Poultry, Swine, Aquaculture) And Competitive Landscape
Product Code: ETC383844 Publication Date: Aug 2022 Updated Date: Feb 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

India Peanut Meal Market Synopsis

The peanut meal market in India is one of the fastest-growing markets and has grown at a CAGR of 11.11% during the forecast period. The total market size was estimated to be INR 4.50 billion, which is expected to reach INR 6.64 billion. The major drivers for this growth are rising demand from aquaculture and poultry industries due to its high nutritional content and increasing imports from countries like China, Vietnam, Myanmar, Thailand, etc., owing to their competitive pricing structure.

Market Drivers of the market

The India peanut meal market has been witnessing significant growth in recent years due to several drivers. Firstly, peanut meal is considered a rich source of protein and essential nutrients, making it a popular choice for animal feed. As the demand for high-quality and nutritious animal feed increases, the peanut meal market experiences a boost. Secondly, the growing awareness about the health benefits of peanut meal consumption in livestock and poultry has led to a rise in its adoption. Farmers and livestock breeders are increasingly recognizing the positive impact of incorporating peanut meal in their animals` diets, leading to a surge in demand.

Challenges of the Market

Despite the growing demand for peanut meal as a protein-rich feed ingredient, the India peanut meal market faces several challenges. One of the significant obstacles is the fluctuation in peanut production due to weather patterns and pests, leading to unpredictable supply levels. Additionally, competition from alternative feed ingredients and the need for continuous innovation in processing methods pose challenges for the market`s growth.

Covid-19 Impact on the Market

The peanut meal market experienced fluctuations during the pandemic. As restaurants and foodservice establishments were closed or operating at limited capacity, the demand for peanut meal in the livestock feed sector declined. However, there was a surge in demand for peanut-based protein products in the consumer market, as people sought healthy alternatives for snacking at home.

Key Players of the Market

Agrocrops Exim Limited, Cargill India Pvt. Ltd., Rb Food Industries, and ETG Agro Pvt. Ltd.

Key Highlights of the Report:

  • India Peanut Meal Market Outlook
  • Market Size of India Peanut Meal Market, 2024
  • Forecast of India Peanut Meal Market, 2031
  • Historical Data and Forecast of India Peanut Meal Revenues & Volume for the Period 2021-2031
  • India Peanut Meal Market Trend Evolution
  • India Peanut Meal Market Drivers and Challenges
  • India Peanut Meal Price Trends
  • India Peanut Meal Porter's Five Forces
  • India Peanut Meal Industry Life Cycle
  • Historical Data and Forecast of India Peanut Meal Market Revenues & Volume By Animal Type for the Period 2021-2031
  • Historical Data and Forecast of India Peanut Meal Market Revenues & Volume By Ruminants for the Period 2021-2031
  • Historical Data and Forecast of India Peanut Meal Market Revenues & Volume By Poultry for the Period 2021-2031
  • Historical Data and Forecast of India Peanut Meal Market Revenues & Volume By Swine for the Period 2021-2031
  • Historical Data and Forecast of India Peanut Meal Market Revenues & Volume By Aquaculture for the Period 2021-2031
  • India Peanut Meal Import Export Trade Statistics
  • Market Opportunity Assessment By Animal Type
  • India Peanut Meal Top Companies Market Share
  • India Peanut Meal Competitive Benchmarking By Technical and Operational Parameters
  • India Peanut Meal Company Profiles
  • India Peanut Meal Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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