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How Fast Is Peanut Oil Market Growing? Uncover CAGR Acceleration and Demand Surges by 2029

9 Sep, 2025

Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company

In response to fluctuating tariffs and geopolitical trade developments, the Peanut Oil Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.

What Is the Forecasted Market Size and CAGR for the Peanut Oil Market?

The size of the peanut oil market has been expanding consistently in the past few years. It is expected to increase from $10.25 billion in 2024 to $10.73 billion in 2025, with a compound annual growth rate (CAGR) of 4.7%.

What Is the Forecasted CAGR for the Peanut Oil Market by 2029?

The Peanut Oil Global Market is predicted to reach a size of $13.01 billion by the year 2029, growing at a Compound Annual Growth Rate (CAGR) of 4.9%.

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What Are the Market Drivers in the Peanut Oil Industry?

The key drivers in the peanut oil market are:

• Rising consumer awareness and concerns related to health
• Greater access to information leading to higher product transparency expectations
• Increasing focus on personal well-being
• Growing popularity of diets and healthy eating patterns among consumers

What Is the Segment-Wise Breakdown of the Peanut Oil Market?

The peanut oilmarket covered in this report is segmented –
1) By Type: Refined, Un-Refined
2) By Packaging: Glass Containers, Plastic Containers, Cartons, Plastic Pouches, Other Packaging Types
3) By Distribution Channel: Business To Business, Hypermarket Or Supermarket, Online Sales Channels, Independent Retail Stores
4) By Application: Personal Care Products, Food, Pharmaceutical, Other Application
5) By End Users: Home, Restaurant, Food Manufacture, Other End Users

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Which Emerging Trends Are Driving Growth in the Peanut Oil Sector?

The key trends in the peanut oil market are:

• There is an increasing focus on product innovation, specifically in producing cold-pressed groundnut oils.
• Companies are targeting the rapidly growing premium segment with these innovative offerings.
• Use of traditional, non-chemical extraction methods for these oils is becoming more prevalent.
• Wellness-driven consumer choices are significantly influencing the market direction.

Which Companies Are Dominating the Peanut Oil Market in Terms of Revenue?

Major players 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

What Are the Regions Driving Demand in the Peanut Oil Market?

Asia-Pacific was the largest region in the peanut oil market in 2024

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