The global market for Peanut Oil is estimated at US$10.2 Billion in 2023 and is projected to reach US$12.6 Billion by 2030, growing at a CAGR of 3.0% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the peanut oil market is driven by several factors, including technological advancements in oil extraction and processing, which have improved yield and quality while reducing costs. These advancements have made peanut oil more competitive against other vegetable oils. Consumer behavior also plays a significant role, as there is an increasing demand for healthier cooking oils due to rising health consciousness. The market has responded with a variety of product offerings tailored to health and dietary preferences, such as organic and non-GMO peanut oil. Additionally, the expansion of global cuisine and the growing popularity of Asian and African foods in Western countries have broadened the consumer base for peanut oil. Environmental and sustainability concerns have prompted manufacturers to adopt more eco-friendly practices and transparent supply chains, further appealing to today`s informed and environmentally aware consumers. These factors together ensure that the peanut oil market continues to expand and adapt, meeting the evolving needs and preferences of a diverse global audience.
The growth in the peanut oil market is driven by several factors, including technological advancements in oil extraction and processing, which have improved yield and quality while reducing costs. These advancements have made peanut oil more competitive against other vegetable oils. Consumer behavior also plays a significant role, as there is an increasing demand for healthier cooking oils due to rising health consciousness. The market has responded with a variety of product offerings tailored to health and dietary preferences, such as organic and non-GMO peanut oil. Additionally, the expansion of global cuisine and the growing popularity of Asian and African foods in Western countries have broadened the consumer base for peanut oil. Environmental and sustainability concerns have prompted manufacturers to adopt more eco-friendly practices and transparent supply chains, further appealing to today`s informed and environmentally aware consumers. These factors together ensure that the peanut oil market continues to expand and adapt, meeting the evolving needs and preferences of a diverse global audience.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Refined Peanut Oil segment, which is expected to reach US$11.0 Billion by 2030 with a CAGR of a 3.2%. The Unrefined Peanut Oil segment is also set to grow at 1.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $2.8 Billion in 2023, and China, forecasted to grow at an impressive 5.8% CAGR to reach $2.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Peanut Oil Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Peanut Oil Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Peanut Oil Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Amanah Oil Cc, Archer Daniels Midland Company, Bon Organics, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 35 Featured):
- Amanah Oil Cc
- Archer Daniels Midland Company
- Bon Organics
- Cargill Incorporated
- Conscious Food Pvt. Ltd.
- Expo Organics
- Glentham Life Sciences Limited
- Jinsheng Cereals & Oils Foods Group Co.,Ltd (Jinsheng Group)
- Liberty Oil Mills Limited
- Louis Dreyfus Company B.V.
- Qingdao Changsheng Group Co., Ltd.
- Spectrum Organic Products LLC
- Ventura Foods, LLC
- Wilmar International Limited
- Yihai Kerry Arawana Holdings Co., Ltd;
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Amanah Oil Cc
- Archer Daniels Midland Company
- Bon Organics
- Cargill Incorporated
- Conscious Food Pvt. Ltd.
- Expo Organics
- Glentham Life Sciences Limited
- Jinsheng Cereals & Oils Foods Group Co.,Ltd (Jinsheng Group)
- Liberty Oil Mills Limited
- Louis Dreyfus Company B.V.
- Qingdao Changsheng Group Co., Ltd.
- Spectrum Organic Products LLC
- Ventura Foods, LLC
- Wilmar International Limited
- Yihai Kerry Arawana Holdings Co., Ltd;
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 77 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 10.2 Billion |
Forecasted Market Value ( USD | $ 12.6 Billion |
Compound Annual Growth Rate | 3.0% |
Regions Covered | Global |
No. of Companies Mentioned | 15 |