Get the latest insights on price movement and trend analysis of Peanut Oil in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

In Q1 2025, the North American Peanut Oil market experienced fluctuating prices, shaped by varying supply-side conditions, demand shifts, and broader economic factors. January started with higher prices due to lingering supply chain disruptions from late 2024, compounded by weather-related challenges in key production areas. Elevated demand from the food and biofuel sectors, coupled with limited availability, created a tight market, contributing to upward pricing pressure.

Groundnut oil prices in , June, 2025 For that commodity indicator, we provide data from January 1960 to June 2025. The average value during that period was 993.32 USD per metric ton with a minimum of 248.02 USD per metric ton in November 1967 and a maximum of 2502.25 USD per metric ton in December 2012. | TheGlobalEconomy.com

The Global Peanut Oil Market is Segmented by Product Type (Refined and Unrefined), by Category (Conventional and Organic), by Packaging (Bottle, Jar, Can, Pouches, and Others), by Distribution Channel (HoReCa/Foodservice, and Retail), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Tonnes).

The global peanut oil market, valued at USD 12.20 Billion in 2024, has witnessed substantial growth. Peanut oil is an excellent source of essential vitamins and minerals, such as vitamin E and magnesium. The market is anticipated to expand at a compound annual growth rate (CAGR) of 4.60% from 2025 to 2034, potentially reaching USD 19.13 Billion by 2034. This growth is supported by the oil's relatively long shelf life, making it convenient for both consumers and manufacturers.

The Sri Lankan groundnut oil market shrank modestly to $1.6M in 2024, declining by -1.9% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $2.3M in 2020; however, from 2021 to 2024, consumption remained at a lower figure.

The Ugandan groundnut oil market declined slightly to $9.8M in 2024, which is down by -2.8% against the previous year. Overall, consumption, however, posted a perceptible increase. As a result, consumption reached the peak level of $12M. From 2018 to 2024, the growth of the market remained at a somewhat lower figure.

As of December 2023, the retail price index of groundnut oil in India was approximately 156. This meant, the RPI of groundnut oil had increased by 56 percent compared to the base year of 2016. Retail prices index is a measure of inflation published monthly by the Office for National Statistics. It measures the change in the cost of a representative sample of retail goods and services.

The Global Peanut Oil Market size is expected to reach $13.8 billion by 2030, rising at a market growth of 4.3% CAGR during the forecast period. In the year 2022, the market attained a volume of 1,481.4 kilo tonnes, experiencing a growth of 4.2% (2019-2022). Online platforms showcase a diverse rang

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The peanut oil market size has the potential to grow by USD 1.90 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by distribution channel (offline and online) and geography (APAC, Europe, North America, South America, and MEA). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Adani Enterprises Ltd., Archer Daniels Midland Co., Cargill Inc., COFCO Corp., Lorenzati Ruetsch y Cia SA, Louis Dreyfus Co. BV, Olam International Ltd., The Hain Celestial Group Inc., The J.M. Smucker Co., and Wilmar International Ltd.

Market Overview

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Market Competitive Analysis

The market is fragmented by the presence of several international and domestic players. Adani Enterprises Ltd., Archer Daniels Midland Co., and Cargill Inc. are some of the major market participants. Established players have a competitive edge as they benefit from large-scale operations, brand equity, and other factors. The capital-intensive nature of the market renders it difficult for new players to thrive in the market.

Market drivers such as the use of peanut oil in cosmetics will offer immense growth opportunities. However, factors such as the threat from alternatives will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this peanut oil market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this peanut oil market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

Adani Enterprises Ltd. Archer Daniels Midland Co. Cargill Inc. COFCO Corp. Lorenzati Ruetsch y Cia SA Louis Dreyfus Co. BV Olam International Ltd. The Hain Celestial Group Inc. The J.M. Smucker Co. Wilmar International Ltd.

Peanut Oil Market: Segmentation by Geography

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Europe will offer several growth opportunities to market vendors during the forecast period. Factors such as the shift to healthier alternatives to animal fat will significantly drive peanut oil market growth in this region over the forecast period.

33% of the market’s growth will originate from Europe during the forecast period. The UK and Germany are the key markets for peanut oil in Europe. Market growth in this region will be faster than the growth of the market in other regions.

Peanut Oil Market: Segmentation by Distribution Channel

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The offline segment includes specialty stores, department stores, hypermarkets and supermarkets, and general stores, which sell peanut oil and are the primary distribution channels. Specialty stores that offer premium edible oils and other gourmet ingredients are steadily becoming prominent, especially in developed countries such as the US and the UK. Globalization has spurred investments in traditional commerce and increased the number of offline retail outlets. Vendors operating in the global peanut oil market offer products through several leading offline retail supermarkets such as SPAR international, Walmart, Target Corp., and Aldi.

Therefore, the peanut oil market share growth by the offline segment will be significant during the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the peanut oil market size.

Peanut Oil Market: Key Drivers and Trends

The increasing use of peanut oil in cosmetics is one of the primary drivers for the peanut oil market growth. The abrasive, volumizing, and cleansing properties of hot-pressed peanut oil and its derivatives are boosting its application in BPC products and cosmetics such as moisturizers and skin cleansers. The hot press processing of peanut oil removes major allergens in peanuts and makes it ideal for use in BPC products. The rising awareness about the health benefits of natural and organic cosmetics will further propel the use of peanut oil in cosm

The Ethiopian groundnut oil market reached $6.2M in 2024, with an increase of 1.7% against the previous year. In general, consumption saw a temperate expansion. As a result, consumption attained the peak level of $8.4M. From 2021 to 2024, the growth of the market failed to regain momentum.

Peanut Oil Market Outlook

The global peanut oil market size was valued at approximately USD 9.2 billion in 2023 and is projected to reach USD 14.8 billion by 2032, growing at a CAGR of 5.3% during the forecast period. The market's expansion is driven by increasing health consciousness among consumers and the rising demand for natural and organic food products. Peanut oil, known for its nutritional benefits and culinary versatility, has seen a surge in popularity across various applications, from cooking to industrial uses.

The growth of the peanut oil market is primarily fueled by the rising awareness regarding the health benefits associated with peanut oil consumption. Rich in monounsaturated fats, peanut oil is known to aid in reducing bad cholesterol levels, thus contributing to cardiovascular health. Additionally, its high smoke point makes it suitable for various cooking methods, including frying and sautéing, which has led to its increased adoption in both household and commercial kitchens. Moreover, the trend towards natural and non-GMO oils is further propelling the demand for peanut oil in the food industry.

Another significant factor driving the peanut oil market is the growing demand for organic and cold-pressed peanut oil. Consumers are increasingly seeking out products that are free from chemicals and additives, leading to a surge in the popularity of organic peanut oil. The cold-pressed extraction method, which preserves the oil's natural flavor and nutritional profile, is particularly favored by health-conscious consumers. This trend is not only prevalent in developed regions but is also gaining traction in emerging markets, where disposable incomes are rising, and consumers are becoming more health-aware.

The expansion of the food industry, particularly in developing countries, is also contributing to the growth of the peanut oil market. With the rise in urbanization and changing dietary habits, there is an increased demand for processed and ready-to-eat foods, many of which utilize peanut oil as a key ingredient. Furthermore, the use of peanut oil in traditional cuisines, especially in Asian countries, continues to bolster its market growth. The industrial applications of peanut oil, including its use in biodiesel production and as a lubricant, are also providing additional growth avenues.

Peanuts, the primary source of peanut oil, are not only a staple in many culinary traditions but also a significant agricultural product worldwide. The cultivation of peanuts is deeply intertwined with the economies of several countries, particularly in regions like Asia and Africa. These legumes are valued for their high oil content and nutritional benefits, including being a rich source of protein, vitamins, and minerals. The versatility of peanuts extends beyond oil production; they are used in various forms such as roasted snacks, peanut butter, and even in confectionery. The global demand for peanuts continues to rise, driven by their health benefits and the increasing popularity of plant-based diets. This growing demand underscores the importance of sustainable peanut farming practices to ensure a steady supply for both oil production and direct consumption.

From a regional perspective, the Asia Pacific region holds the largest share of the peanut oil market, driven by the high consumption in countries like China and India. The region's robust agriculture sector, coupled with increasing disposable incomes, supports the market's growth. North America and Europe are also significant markets, with a growing preference for healthy and organic cooking oils. Additionally, the Middle East & Africa and Latin America regions are witnessing steady growth, attributed to the rising awareness of peanut oil's health benefits and its use in local cuisines.

Product Type Analysis

Refined peanut oil represents a significant segment within the peanut oil market, largely due to its widespread use in cooking and food processing. This type of oil undergoes extensive processing to remove impurities and allergens, making it suitable for individuals with peanut allergies. The refining process also enhances the oilÂ’s stability and shelf life, making it a preferred choice for both domestic and commercial use. The demand for refined peanut oil is particularly high in the food industry, where it is used for frying and baking due to its neutral flavor and high smoke point.

Unrefined peanut oil, on the ot

The global refined peanut oil market is experiencing robust growth, projected to reach a market size of $5 billion by 2025, expanding at a compound annual growth rate (CAGR) of 6% from 2025 to 2033. This growth is fueled by several key factors. Increasing consumer awareness of the health benefits associated with peanut oil, including its high monounsaturated fat content and rich vitamin E profile, is driving demand. The versatility of peanut oil in both culinary and industrial applications further contributes to its market expansion. Growing adoption in various food products, from cooking oil to confectionery and cosmetics, underscores its diverse utility. Furthermore, the rising demand for plant-based oils, coupled with the expanding global population and increasing disposable incomes in developing economies, are significant contributors to market growth. The market is segmented by various factors, including geographical region, distribution channels, and product type. However, several challenges hinder market growth. Fluctuations in peanut production due to weather patterns and pest infestations impact supply and price stability. Competition from other vegetable oils, such as soybean oil and sunflower oil, also poses a threat. Furthermore, concerns regarding potential peanut allergies limit market penetration to some degree. Nevertheless, the industry is adapting to these challenges through sustainable farming practices, diversification of supply chains, and enhanced product innovation. Key players in the market, including Archer Daniels Midland, Cargill, Incorporated, Olam International, and Adani Group, are strategically investing in research and development, and exploring new markets to solidify their positions and drive further expansion. This ongoing evolution suggests a promising outlook for the refined peanut oil market in the coming years.

The global peanut oil market is a significant sector within the broader edible oil industry, exhibiting steady growth driven by increasing consumer demand for healthy cooking oils and its versatile culinary applications. The market's expansion is fueled by several factors, including rising disposable incomes, particularly in developing economies, leading to increased consumption of processed foods and higher demand for vegetable oils. Furthermore, the recognized health benefits associated with peanut oil, such as its rich monounsaturated fat content, contribute to its growing popularity as a healthier alternative to other cooking oils. While fluctuations in peanut production due to weather patterns and pest infestations can pose challenges, the overall market outlook remains positive, with projected growth anticipated over the forecast period (2025-2033). The competitive landscape features both large multinational corporations like ADM, Bunge, and Cargill, as well as a significant number of regional players, particularly in Asia, indicating a diverse and dynamic market structure. The market segmentation likely includes various categories based on processing methods (refined, unrefined), packaging types, and distribution channels. Regional variations in consumption patterns are also expected, with significant demand originating from Asia, particularly China and India, driven by cultural preferences and large populations. Challenges include price volatility associated with raw material costs and increasing competition from other vegetable oils. However, innovative product developments, such as value-added peanut oil products with enhanced flavor profiles or health benefits, are expected to further stimulate market growth and create opportunities for industry players. Sustainable sourcing practices and adherence to stringent quality standards are becoming increasingly crucial for maintaining competitiveness and consumer trust in the peanut oil market. This robust demand, alongside strategic investments in processing and distribution infrastructure, is expected to propel significant growth in the coming years.

The Chinese groundnut oil market totaled $5.2B in 2024, remaining relatively unchanged against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Groundnut oil consumption peaked at $5.8B in 2012; however, from 2013 to 2024, consumption failed to regain momentum.

Virginia Peanut Oil Market Outlook

According to our latest research, the global Virginia Peanut Oil market size stood at USD 2.78 billion in 2024, reflecting a robust demand for premium edible oils worldwide. The market is projected to grow at a CAGR of 5.2% from 2025 to 2033, reaching an estimated USD 4.37 billion by 2033. This growth is primarily driven by rising consumer awareness regarding the health benefits of peanut oil, increasing adoption in culinary and food processing applications, and the expanding presence of specialty oils in both developed and emerging markets. As per our latest research, the market is poised for significant expansion, with innovations in extraction techniques and distribution channels further catalyzing growth.

One of the major growth factors for the Virginia Peanut Oil market is the increasing consumer preference for healthier cooking oils. Virginia peanut oil, renowned for its high smoke point, light flavor, and nutritional profile, is gaining momentum among health-conscious individuals and culinary professionals alike. The oil’s rich content of monounsaturated fats and antioxidants makes it an attractive alternative to conventional cooking oils, especially as global dietary trends shift toward heart-healthy options. In addition, the growing body of scientific evidence supporting the benefits of unsaturated fats in reducing cardiovascular risks is further fueling the adoption of peanut oil in household and commercial kitchens worldwide.

Another significant driver is the expansion of the food processing industry, particularly in emerging economies. Food manufacturers are increasingly incorporating Virginia peanut oil as a key ingredient in snacks, baked goods, and processed foods due to its stability and unique flavor profile. The oil’s ability to enhance shelf life and improve product taste without overpowering other ingredients makes it highly desirable for large-scale food production. Moreover, the rising popularity of ethnic cuisines that traditionally use peanut oil, such as Asian and African dishes, is boosting its demand across global markets. This trend is further amplified by the globalization of food supply chains and the growing influence of international culinary trends.

Technological advancements in oil extraction and refining processes are also contributing to the growth of the Virginia Peanut Oil market. Cold-pressed and refined variants are increasingly being produced using innovative, eco-friendly methods that preserve the oil’s nutritional integrity while reducing environmental impact. These advancements not only enhance product quality but also appeal to environmentally conscious consumers and businesses. Additionally, the proliferation of value-added products, such as organic and non-GMO peanut oil, is creating new avenues for market expansion. The integration of advanced packaging solutions and longer shelf-life formulations is also supporting the market’s upward trajectory.

From a regional perspective, Asia Pacific currently dominates the Virginia Peanut Oil market due to high consumption rates in countries such as China and India, where peanut oil is a staple in traditional cooking. North America and Europe are witnessing accelerated growth, driven by the rising trend of specialty oils in gourmet cooking and the increasing popularity of natural and organic food products. Latin America and the Middle East & Africa are also emerging as lucrative markets, propelled by urbanization, rising disposable incomes, and changing dietary habits. The regional distribution of the market is expected to remain dynamic, with Asia Pacific maintaining its lead but other regions closing the gap through innovation and targeted marketing strategies.

Product Type Analysis

The Virginia Peanut Oil market is segmented by product type into Refined, Cold-Pressed, Roasted, and Others, each catering to distinct consumer preferences and industrial requirements. Refined Virginia peanut oil holds the largest share, attribute

The global peanut oil market is projected to grow from a value of USD 2.54 billion in 2025 to USD 3.47 billion by 2033, exhibiting a CAGR of 3.64% during the forecast period. This growth is attributed to factors such as the rising demand for peanut oil in the food industry, growing health consciousness, and increasing disposable income, especially in developing countries. The food industry accounts for the largest share of peanut oil consumption, driven by its wide use in cooking and salad dressings. The market is segmented into different categories based on source, processing method, application, packaging type, and distribution channel. Conventional peanuts dominate the source segment, while refined peanut oil is the most popular processing method. The food industry is the largest application segment, followed by cosmetics and personal care. Peanut oil is primarily packaged in bottles and cans, and it is distributed through various channels, including supermarkets and hypermarkets, online retail, and specialty stores. North America holds the largest market share, followed by Asia Pacific. The key players in the peanut oil market include Jiangsu Anneng Group, Horizon Oil, American Peanut Council, Archer Daniels Midland Company, Kraft Heinz Company, K. A. D. H. A. Co., Agro Products and Agencies, Spectrum Organic Products, Luhua Group, Bunge Limited, Sime Darby Plantation, Huilerie Kabalebo, Wilmar International, Cargill, and Olam International. Recent developments include: , Recent developments in the peanut oil market indicate a growing demand driven by the increasing awareness of health benefits associated with peanut oil, including its high levels of unsaturated fats and antioxidants. Various regions are witnessing a rise in production capacity, with manufacturers focusing on sustainability and organic farming practices to cater to health-conscious consumers. Innovations in extraction technologies are enhancing production efficiency while reducing waste, further contributing to market growth. Additionally, the expansion of the food and beverage sector, particularly in developing countries, is expected to fuel consumption. Trade dynamics are also evolving, with countries increasing their export capabilities, leading to a more competitive marketplace. Regulatory changes aiming at improving food safety standards are influencing how peanut oil is processed and marketed. As the market anticipates a compound annual growth rate (CAGR) of 3.64%, stakeholders are increasingly investing in research and development to explore diverse applications of peanut oil, including in cosmetics and biodiesel, thereby broadening its market scope. These factors collectively highlight a vibrant landscape for the peanut oil industry in the coming years.. Key drivers for this market are: Rising health consciousness Expanding vegan population Increasing culinary diversity Growth in online retail Sustainable sourcing trends . Potential restraints include: Health benefits awareness Rising demand in Asia Price volatility of raw peanuts Increasing usage in cooking Growth in vegan and natural products .

Global Peanut and Peanut Oil market size 2025 was XX Million. Peanut and Peanut Oil Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

Cold Pressed Peanut Oil Market Outlook

As of 2023, the global cold pressed peanut oil market size is valued at approximately USD 1.2 billion and is projected to reach around USD 2.5 billion by 2032, growing at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2032. The primary growth factors driving this market include rising consumer awareness about the health benefits of cold pressed oils, increasing demand for natural and organic products, and the expanding application areas of peanut oil in various industries such as food, cosmetics, and pharmaceuticals.

One of the key growth factors for the cold pressed peanut oil market is the rising consumer preference for natural and healthier food options. Consumers are increasingly inclined towards cold pressed oils because they are produced through a mechanical process that maintains the natural flavor, aroma, and nutritional value of the oil. Unlike refined oils, cold pressed peanut oil retains essential fatty acids, antioxidants, and vitamins, making it a healthier alternative for cooking and other applications. This growing health consciousness among consumers is significantly contributing to the market's expansion.

Another significant factor driving market growth is the increasing demand for organic products. Organic cold pressed peanut oil is free from harmful chemicals and pesticides, aligning with the growing environmental and health awareness trends. The organic segment within the cold pressed peanut oil market is expected to witness substantial growth as consumers become more cautious about the quality and origin of the food products they consume. Additionally, the rising disposable income in various regions allows consumers to opt for premium and organic food products, further boosting market demand.

The expanding applications of cold pressed peanut oil in the cosmetics and pharmaceuticals industries also serve as a vital growth factor. Peanut oil is known for its moisturizing and anti-inflammatory properties, making it a preferred ingredient in skincare and cosmetic products. The pharmaceutical industry utilizes cold pressed peanut oil for its potential health benefits, such as improving heart health and managing cholesterol levels. The versatility and beneficial properties of cold pressed peanut oil are driving its adoption across various sectors, contributing to market growth.

Cold Pressed Sesame Oil is gaining popularity alongside peanut oil due to its rich nutritional profile and health benefits. Known for its high levels of antioxidants and essential fatty acids, cold pressed sesame oil is often used in cooking and as a dressing for salads. Its nutty flavor and aroma enhance the taste of various dishes, making it a preferred choice for health-conscious consumers. Additionally, the oil's moisturizing properties make it a valuable ingredient in skincare products, where it is used to nourish and protect the skin. The increasing demand for natural and organic oils is driving the growth of cold pressed sesame oil in both the food and cosmetics industries, contributing to the overall expansion of the cold pressed oil market.

From a regional perspective, the Asia Pacific region holds a significant share of the cold pressed peanut oil market, driven by the high consumption of peanut oil in countries like India and China. The increasing awareness about the health benefits of cold pressed oils and the rising demand for organic products in these countries are key factors supporting market growth. North America and Europe are also witnessing growing demand, driven by health-conscious consumers and the expanding applications of cold pressed peanut oil in the food and cosmetics industries. The Middle East & Africa and Latin America are anticipated to witness moderate growth, supported by increasing disposable incomes and changing consumer preferences.

Product Type Analysis

The cold pressed peanut oil market is segmented by product type into organic and conventional. The organic segment is increasingly gaining traction due to the rising consumer awareness about the benefits of organic products. Organic cold pressed peanut oil is produced without the use of synthetic chemicals, pesticides, or genetically modified organisms (GMOs), making it a preferred choice for health-conscious consumers. The growth of the organic segment is further propelled by stringent regulations and certifications that ensure the authenticity and quality of organic products. Consumers are willing to pay a premium for org

The global crude peanut oil market is experiencing robust growth, driven by increasing consumer demand for healthy cooking oils and the rising popularity of peanut-based products in food and cosmetic industries. While precise market size figures for 2019-2024 are unavailable, a reasonable estimation based on current market trends and comparable vegetable oil markets suggests a significant market size in the billions of dollars in 2024, increasing at a Compound Annual Growth Rate (CAGR) of approximately 5-7% from 2025-2033. This growth is fueled by several key factors, including the rising awareness of the health benefits associated with monounsaturated fats present in peanut oil, its versatility in culinary applications, and the increasing adoption of peanut oil in various food processing and manufacturing industries. Furthermore, the expanding global population and shifting dietary habits, favoring plant-based oils, are contributing to market expansion. However, the market faces certain restraints. Fluctuations in peanut production due to weather patterns and pest infestations can lead to price volatility, impacting market stability. Competition from other vegetable oils, such as soybean and sunflower oil, along with concerns about potential allergic reactions to peanuts, pose challenges to the market's sustained growth. Despite these challenges, the continued focus on health and wellness, along with innovation in peanut oil processing and product diversification, are expected to drive significant market expansion in the coming years. Key players like ADM, Louis Dreyfus Company, and others are leveraging their expertise to improve production efficiency, enhance product quality, and expand their market reach, which will further fuel market growth. Segment analysis shows a strong preference for refined peanut oil over crude oil, though the crude oil segment benefits from its use in certain industrial applications.