Global Peanut Oil Market Analysis

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Global Peanut Oil Market Analysis

  • Food & Beverage
  • Upcoming Report
  • Nov 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

The peanut oil market has witnessed significant growth due to advancements in extraction methods and technological innovations. The latest method, cold-press extraction, retains more nutrients and flavor compared to traditional methods, leading to higher quality oil. This process, often combined with modern filtration techniques, enhances the oil's stability and shelf life.

In addition, the use of enzyme technology in oil extraction has gained traction, increasing oil yield while minimizing waste. This method not only improves efficiency but also supports sustainable practices in the industry, appealing to environmentally conscious consumers.

The growing popularity of peanut oil in culinary applications, particularly in Asian cuisine, has spurred market growth. It is favored for its high smoke point and health benefits, including arthritis, heart-healthy fats and natural antioxidants.

Furthermore, the rise in the health-conscious consumer segment has fueled demand for natural and organic peanut oil products. This trend is evident in the increasing availability of cold-pressed and non-GMO peanut oils in retail outlets.

Overall, the peanut oil market is poised for robust growth, driven by innovative extraction methods, increased consumer awareness of health benefits, and expanding applications in the food and cosmetic industries.

Frequently Asked Questions

The market is segmented based on Segmentation, By Source (Conventional Peanuts, Organic Peanuts, and Non-GMO Peanuts), Type (Refined and Unrefined), Application (Personal Care Products, Food, Pharmaceutical, and Others), Packaging (Glass Containers, Plastic Containers, Cartons, Plastic Pouches, and Others), Product (Cold Pressed and Hot Pressed), End User (Home, Restaurant, Food Manufacture, and Other) – Industry Trends and Forecast to 2031 .
The Global Peanut Oil Market size was valued at USD 2.60 USD Billion in 2023.
The Global Peanut Oil Market is projected to grow at a CAGR of 4% during the forecast period of 2024 to 2031.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.