popular in africa america market large peanut oil press
popular in africa america market large peanut oil press
popular in africa america market large peanut oil press
popular in africa america market large peanut oil press
popular in africa america market large peanut oil press
popular in africa america market large peanut oil press
popular in africa america market large peanut oil press
popular in africa america market large peanut oil press
popular in africa america market large peanut oil press
  • How big is the peanut oil market?
  • The Peanut Oil Market size is estimated at USD 11.05 billion in 2024, and is expected to reach USD 12.38 billion by 2029, growing at a CAGR of 2.30% during the forecast period (2024-2029). With a high nutritional profile and people looking for immune-boosting ingredients, there is an increase in retail demand for peanut oil.
  • Which industries use peanut oil based products?
  • For instance, the cosmetics and pharmaceutical industries can use the peanut oil that Henry Lamotte Oils GmbH offers. Therefore, with the growing demand for peanut oil-based products in daily life, consumers are trending toward the peanut oil market, which is also driving the market significantly. Asia-Pacific is the largest market for peanut oil.
  • What hampers the peanut oil market growth?
  • However, high price of peanut oil and increase in demand for soybean oil hamper the market growth. The global peanut oil market is segmented on the basis of type, application, packaging, and geography. Based on type, the market is categorized into refined and unrefined.
  • Is the global peanut oil market congested?
  • The global peanut oil market is highly congested with high level of competition among key players. Moreover, since there is no unique functionality of peanut oil when compared to other vegetable oils, the demand is anticipated to remain stagnant throughout the forecast period.