| Product Code: ETC223599 | Publication Date: Aug 2022 | Updated Date: Mar 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Saudi Arabia peanut oil market, the import trend showed a -1.75% growth rate from 2023 to 2024, with a Compound Annual Growth Rate (CAGR) of 15.34% from 2020 to 2024. This decline in import momentum in 2024 may be attributed to shifts in consumer preferences or changes in global supply chains impacting trade dynamics.

The Saudi Arabia peanut oil market has witnessed steady growth, driven by the oil`s widespread use in culinary and industrial applications. Peanut oil is valued for its high smoke point, making it suitable for frying and cooking at high temperatures. It is a common choice for both traditional and modern cuisines. Additionally, peanut oil finds applications in the cosmetics and pharmaceutical industries, thanks to its emollient and skin-friendly properties. The market`s expansion is influenced by the demand for versatile cooking oils and ingredients across various sectors.
In Saudi Arabia, the peanut oil market has been growing due to its culinary applications and potential health benefits. Peanut oil`s mild flavor and high smoke point make it suitable for cooking and frying. The market growth is influenced by the popularity of peanut oil in regional and international cuisines, as well as the increasing awareness of its nutritional properties.
In the saudi arabia peanut oil market, a notable challenge is the potential for allergen-related concerns. Proper labeling and communicating allergen information become crucial in a market where allergies might be underestimated. Economic factors, such as fluctuating peanut prices due to weather conditions or trade dynamics, can also impact the stability of the market.
The Saudi Arabia peanut oil market experienced significant shifts as a result of the COVID-19 pandemic. Disruptions in global trade and supply chain challenges influenced the availability of raw peanuts for oil extraction. The market faced fluctuations in demand as consumer preferences veered towards healthier cooking oils. The economic uncertainties also impacted the purchasing power of consumers, influencing their buying decisions. Amidst these challenges, there emerged a renewed emphasis on the health attributes of peanut oil, spurring innovation and diversification within the market. Stakeholders adapted by exploring e-commerce platforms and adopting transparent communication to rebuild consumer trust.
Prominent companies in the Saudi Arabia peanut oil market include Savola Group, Almarai Company, Astra Food Company, United Farmers Holding Company, and Yildiz Holding.
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 Saudi Arabia Peanut Oil Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Peanut Oil Market Revenues & Volume, 2022 & 2032F |
3.3 Saudi Arabia Peanut Oil Market - Industry Life Cycle |
3.4 Saudi Arabia Peanut Oil Market - Porter's Five Forces |
3.5 Saudi Arabia Peanut Oil Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Saudi Arabia Peanut Oil Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Saudi Arabia Peanut Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of peanut oil |
4.2.2 Growing demand for organic and natural cooking oils |
4.2.3 Rising disposable income levels leading to higher purchasing power for premium peanut oil products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of peanuts impacting the cost of peanut oil |
4.3.2 Competition from other cooking oils in the market |
4.3.3 Regulatory challenges related to food safety standards and labeling requirements |
5 Saudi Arabia Peanut Oil Market Trends |
6 Saudi Arabia Peanut Oil Market, By Types |
6.1 Saudi Arabia Peanut Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Peanut Oil Market Revenues & Volume, By Type, 2022-2032F |
6.1.3 Saudi Arabia Peanut Oil Market Revenues & Volume, By Refined, 2022-2032F |
6.1.4 Saudi Arabia Peanut Oil Market Revenues & Volume, By Unrefined, 2022-2032F |
6.2 Saudi Arabia Peanut Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Peanut Oil Market Revenues & Volume, By Personal Care, 2022-2032F |
6.2.3 Saudi Arabia Peanut Oil Market Revenues & Volume, By Food, 2022-2032F |
6.2.4 Saudi Arabia Peanut Oil Market Revenues & Volume, By Pharmaceuticals, 2022-2032F |
6.2.5 Saudi Arabia Peanut Oil Market Revenues & Volume, By Other Applications, 2022-2032F |
7 Saudi Arabia Peanut Oil Market Import-Export Trade Statistics |
7.1 Saudi Arabia Peanut Oil Market Export to Major Countries |
7.2 Saudi Arabia Peanut Oil Market Imports from Major Countries |
8 Saudi Arabia Peanut Oil Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms for peanut oil brands |
8.2 Number of new product launches in the peanut oil segment |
8.3 Adoption rate of peanut oil in commercial food establishments |
9 Saudi Arabia Peanut Oil Market - Opportunity Assessment |
9.1 Saudi Arabia Peanut Oil Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Saudi Arabia Peanut Oil Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Saudi Arabia Peanut Oil Market - Competitive Landscape |
10.1 Saudi Arabia Peanut Oil Market Revenue Share, By Companies, 2025 |
10.2 Saudi Arabia 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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