The global peanut oil market is expected to grow at a CAGR of 5.00% in the forecast period of 2025-2034. Peanut oil has an elevated smoke point compared to other cooking oils and is used for frying food.
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Peanut oil does not have a distinctive functionality compared to other vegetable oils, and its demand is expected to stay stagnant over the forecast period. However, in advanced areas, the effect of fresh and unique oils is predominantly powerful, as customers have access to fresh products and a strong buying power, thus, aiding the growth of the peanut oil market. Due to the small proportion of trans fats, saturated fats, and cholesterol, peanut oil is comparatively healthier, which is further expected to aid the market growth. In addition, peanut oil’s nutty aroma is a key factor that is expected to accelerate the peanut oil market.
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Peanut oil is an edible oil derived from peanut and is used either as a cooking oil or to improve the flavour of the underlying food.
The industry can be divided based on product types as:
The industry can be broadly categorised based on its application sectors into:
The industry can be divided based on packaging as:
Market Breakup by Region:
The peanut oil market is being driven by the increasing use of peanuts for immediate production and processing. The significant factor driving the market forward is the functional characteristics of peanut oil. Peanut oil is especially suitable for deep-frying as it does not absorb the flavour of the food. Due to a small proportion of saturated fats, trans-fats, and cholesterol, it is also a comparatively healthier oil. In the context of rising consumer consciousness of health, these factors are crucial for the market growth. Peanut oil’s nutty flavour is also a significant factor influencing the market positively as it is increasingly used as a dressing and flavouring agent. However, elevated peanut oil prices and increased soybean oil demand might hamper the development of the industry in the coming years.
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The report presents a detailed analysis of the following key players in the global peanut oil market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 5.00% between 2025 and 2034.
The major drivers of the market include rising pharmaceutical industry, food industry, and the increasing use of peanuts for immediate production and processing.
The peanut oil market is being aided by rising health concerns and added nutritional benefits of peanut oil over other oils.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Refined and unrefined are the leading products in the industry.
Food, personal care products, and pharmaceuticals, among others are the leading applications in the industry.
Plastic bottles, plastic containers, glass containers, and plastic pouches are the leading packaging in the industry.
The major players in the industry are Archer Daniels Midland, Cargill, Incorporated, Olam International, Adani Wilmar Limited., and Ventura Foods, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Application |
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| Breakup by Packaging |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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