Peanut Oil Market Report 2026

The peanut oil market size has grown strongly in recent years. It will grow from $10.73 billion in 2025 to $11.29 billion in 2026 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to growing consumption of edible oils, widespread cultivation of peanuts, rising use of peanut oil in asian cuisines, expansion of food processing industries, stable demand from restaurant sector.

The peanut oil market size is expected to see steady growth in the next few years. It will grow to $13.54 billion in 2030 at a compound annual growth rate (CAGR) of 4.7%. The growth in the forecast period can be attributed to increasing focus on heart-healthy cooking oils, expansion of organic food consumption, rising demand from cosmetic formulations, growth of online edible oil sales, increasing adoption of traceable agricultural sourcing. Major trends in the forecast period include increasing demand for cold-pressed and organic oils, rising preference for high smoke point cooking oils, expansion of peanut oil use in personal care products, growing adoption of sustainable packaging formats, enhanced focus on nutritional label transparency.

Growing consumer awareness and health concerns are expected to propel the growth of the peanut oil market going forward. Consumer awareness and health consciousness are increasing due to greater access to nutritional information, higher expectations for product transparency, and a stronger focus on personal well-being. Peanut oil is widely valued for its versatility and nutritional benefits, as it supports heart, skin, and brain health and helps boost immunity when consumed in moderation. For instance, in November 2025, according to the International Food Information Council, a U.S.-based non-profit organization, the top diets Americans reported following in 2025 included high-protein diets (23%) and mindful eating (19%). Additionally, more than six in ten Americans expressed concern about their sugar intake. Therefore, growing consumer awareness and health concerns are driving the growth of the peanut oil market.

Major companies operating in the peanut oil market are focusing on developing innovative product offerings, such as cold-pressed groundnut oils, to tap into the rapidly expanding premium edible oils segment. Cold-pressed groundnut oils are extracted using traditional mechanical pressing methods without heat or chemical processing, helping retain natural nutrients, flavor, and aroma. For instance, in August 2023, Tata Consumer Products, an India-based manufacturer and supplier of consumer food and beverages, launched a new range of 100% pure and unrefined cold-pressed oils aimed at making premium-quality oils more accessible and affordable. The Tata Simply Better Cold Pressed Oils range includes cold-pressed groundnut oil, virgin cold-pressed coconut oil, cold-pressed mustard oil, and cold-pressed sesame (gingelly) oil. This launch aligns with Tata’s strategy to redefine standards in the fast-growing cold-pressed oils category while offering nourishing alternatives that promote overall wellness.

In February 2023, MK Agrotech, an India-based food production company, acquired Riso, a premium edible oil brand offering peanut oil, for an undisclosed amount. This acquisition aims to help Sunpure, a brand under MK Agrotech, expand its product portfolio, strengthen its market presence in the peanut oil market, and reach a broader customer base.

Major companies operating in the peanut oil market are Cargill Inc., Archer Daniels Midland Company, Wilmar International Limited, Bunge Limited, CHS Inc., Olam International, Yihai Kerry Investments Co. Ltd., Louis Dreyfus Company, Adani Wilmar, Ruchi Soya Industries Ltd., Hain Celestial Group, J-Oil Mills Inc., Lam Soon Group, Ventura Foods, Agarwal Industries Pvt. Ltd., Liberty Oil Mills Ltd., Golden Peanut and Tree Nuts, Catania Oils, Planters Peanut Co., Agro Indonesia, Manishankar Oils Pvt. Ltd., Shree Ram Proteins Ltd, Kothari Oils.

Asia-Pacific was the largest region in the peanut oil market in 2025. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the peanut oil market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the peanut oil market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The peanut oil market consists of sales of cooking oil and roasted peanut oil. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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