| Product Code: ETC223584 | Publication Date: Aug 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s peanut oil import market saw a significant increase in concentration in 2024, with top exporters being Russia, Ukraine, Argentina, Romania, and Latvia. The Herfindahl-Hirschman Index (HHI) reached very high levels, indicating a more consolidated market. The compound annual growth rate (CAGR) from 2020 to 2024 was robust at 14.93%, with a notable growth rate of 7.0% from 2023 to 2024. This data suggests a growing reliance on these key exporting countries and a potentially competitive landscape within India`s peanut oil import market.

The India Peanut Oil Market is driven by the demand for peanut oil in the food and beverage industry as it is widely used in cooking and as a condiment. Peanut oil is also used in the production of non-food items such as cleansers, cosmetics, and emollients. Additionally, the awareness about the health benefits of peanut oil as it is rich in monounsaturated fat content and low saturated fat content is also driving the industry to a great extent. However, factors such as the increasing awareness about the allergenicity of peanuts lead to a decrease in demand for peanut oil. Additionally, the availability of alternative vegetable oils such as soybean oil and sunflower oil also impedes the market growth. Moreover, lack of awareness about the benefits of peanut oil among consumers in India also deterring the growth of 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 India Peanut Oil Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Peanut Oil Market Revenues & Volume, 2021 & 2028F |
3.3 India Peanut Oil Market - Industry Life Cycle |
3.4 India Peanut Oil Market - Porter's Five Forces |
3.5 India Peanut Oil Market Revenues & Volume Share, By Type, 2021 & 2028F |
3.6 India Peanut Oil Market Revenues & Volume Share, By Application, 2021 & 2028F |
4 India Peanut Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness and preference for healthier cooking oils among consumers. |
4.2.2 Growth in the food processing industry leading to higher demand for peanut oil as an ingredient. |
4.2.3 Rising disposable income and changing lifestyles driving the consumption of convenience foods and packaged products. |
4.3 Market Restraints |
4.3.1 Price volatility of raw peanuts impacting the production cost of peanut oil. |
4.3.2 Competition from other cooking oils like sunflower oil, soybean oil, and palm oil. |
4.3.3 Fluctuations in peanut crop yields due to weather conditions affecting the supply chain. |
5 India Peanut Oil Market Trends |
6 India Peanut Oil Market, By Types |
6.1 India Peanut Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Peanut Oil Market Revenues & Volume, By Type, 2018 - 2028F |
6.1.3 India Peanut Oil Market Revenues & Volume, By Refined, 2018 - 2028F |
6.1.4 India Peanut Oil Market Revenues & Volume, By Unrefined, 2018 - 2028F |
6.2 India Peanut Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Peanut Oil Market Revenues & Volume, By Personal Care, 2018 - 2028F |
6.2.3 India Peanut Oil Market Revenues & Volume, By Food, 2018 - 2028F |
6.2.4 India Peanut Oil Market Revenues & Volume, By Pharmaceuticals, 2018 - 2028F |
6.2.5 India Peanut Oil Market Revenues & Volume, By Other Applications, 2018 - 2028F |
7 India Peanut Oil Market Import-Export Trade Statistics |
7.1 India Peanut Oil Market Export to Major Countries |
7.2 India Peanut Oil Market Imports from Major Countries |
8 India Peanut Oil Market Key Performance Indicators |
8.1 Consumer awareness and perception of peanut oil as a healthy cooking oil. |
8.2 Adoption rate of peanut oil in the food processing industry. |
8.3 Trends in per capita consumption of peanut oil in urban and rural areas. |
8.4 Production efficiency and cost management in the peanut oil manufacturing process. |
8.5 Quality control measures and compliance with food safety standards in the peanut oil market. |
9 India Peanut Oil Market - Opportunity Assessment |
9.1 India Peanut Oil Market Opportunity Assessment, By Type, 2021 & 2028F |
9.2 India Peanut Oil Market Opportunity Assessment, By Application, 2021 & 2028F |
10 India Peanut Oil Market - Competitive Landscape |
10.1 India Peanut Oil Market Revenue Share, By Companies, 2021 |
10.2 India Peanut Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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