How big is the Peanut Oil Market?

The Peanut Oil Market size is expected to reach USD 11.05 billion in 2024 and grow at a CAGR of 2.30% to reach USD 12.38 billion by 2029. Read More

What is the current Peanut Oil Market size?

In 2024, the Peanut Oil Market size is expected to reach USD 11.05 billion. Read More

Who are the key players in Peanut Oil Market?

Olam International, CHS Inc., Cargill, Inc., Wilmar International Limited and Archer Daniels Midland Company are the major companies operating in the Peanut Oil Market. Read More

Which is the fastest growing region in Peanut Oil Market?

Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Peanut Oil Market?

In 2024, the Asia Pacific accounts for the largest market share in Peanut Oil Market. Read More

What years does this Peanut Oil Market cover, and what was the market size in 2023?

In 2023, the Peanut Oil Market size was estimated at USD 10.80 billion. The report covers the Peanut Oil Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Peanut Oil Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Peanut Oil Industry Statistics | Market Trends, Size & Report Analysis

Peanut Oil Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Global Groundnut Oil Market Price Trends & Demand and it is Segmented by Type (Refined and Unrefined), Application (Personal Care, Food, Pharmaceuticals, and Other Applications), and Geography (North America, Europe, Asia Pacific, South America, and Middle-East and Africa). The market size and forecasts are provided in terms of value (USD million) for the above segments.

Peanut Oil Industry Overview

The Global Peanut Oil Market is highly competitive in nature due to the presence of domestic and international players in this sector. Some of the top players in this segment are Archer Daniels Midland, Cargill Incorporated, CHS Inc., Adani Group, and Olam International. Key players are focusing on product development and product innovation to meet consumers' needs by offering a variety of tastes and product quality to maintain premiumization. Some of the major players use mergers and acquisitions as their key strategy. The strategy to follow mergers and acquisitions by these top players is to sustain and secure a leading position in the industry. This will enable the companies to maintain dominance over other players and remain a strong competition for other players in the market.