Global Peanut Oil Market Size, Share & Trends Analysis Report By Application (Food, Cosmetics, Pharmaceuticals, and Others), By Distribution Channel, By Type (Refined and Unrefined), By Regional Outlook and Forecast, 2023 - 2030

Global Peanut Oil Market Size, Share & Trends Analysis Report By Application (Food, Cosmetics, Pharmaceuticals, and Others), By Distribution Channel, By Type (Refined and Unrefined), By Regional Outlook and Forecast, 2023 - 2030


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 range of peanut oil brands and product variants. Consumers can explore different options, compare prices, and read reviews, leading to informed purchasing decisions, and promoting product diversity in the market. Online retailers provide detailed product information, including nutritional content, manufacturing processes, and packaging details. Consequently, the online sales channel segment would generate approximately 15.23 % share of the market by 2030. Also, South Korea would utilize 9.4 kilo tonnes of unrefined peanut oil by 2030. This transparency enables consumers to make well-informed choices based on their preferences and dietary requirements.

Peanut oil is a good source of omega-6 fatty acids essential for the body. As consumers become more aware of the importance of including essential nutrients in their diets, peanut oil's omega-6 content adds to its nutritional appeal As awareness of glycemic index and its impact on blood sugar levels grows, peanut oil becomes a preferred cooking oil for those with diabetic dietary considerations. Therefore, the market is expanding significantly due to the expansion of health and wellness trend.

Additionally, Peanut oil is an excellent emollient, providing deep moisturization to the skin. Its ability to penetrate the skin's surface helps nourish and hydrate the skin, making it a valuable ingredient in moisturizers, lotions, and creams. Peanut oil's anti-inflammatory properties make it suitable for soothing irritated skin. Hence, increasing cosmetic and skincare applications has been a pivotal factor in driving the growth of the market.

However, Consumer education initiatives highlight the nutritional content of peanut oil, emphasizing its balanced fatty acid profile, vitamin E content, and potential health benefits. This knowledge influences consumers to choose peanut oil as a healthier cooking option. Consumer education includes providing cooking tips and techniques that showcase the culinary versatility of peanut oil. Thus, because of the rising consumer awareness and education, the market is anticipated to increase significantly.

By Application Analysis

Based on application, the market is classified into cosmetics, food, pharmaceuticals, and others. In 2022, the food segment witnessed a 38.05 % revenue share in the market. In terms of volume, Cosmetics segment utilized 340.4 of peanut oil in 2022. Peanut oil suits various cooking methods, including frying, sautéing, stir-frying, and baking. Its versatility in home kitchens and professional settings makes it a go-to cooking oil for chefs and home cooks alike. Peanut oil's high smoke point and composition create crispy and light textures in fried foods. It is a preferred choice for frying snacks, poultry, seafood, and other items, providing a satisfying and appetizing result.

By Distribution Channel Analysis

On the basis of distribution channel, the market is divided into hypermarket/supermarket, independent retail stores, business to business, and online sales channels. The hypermarket/supermarket segment garnered a 31.72 % revenue share in the market in 2022. Hypermarkets/supermarkets typically carry various peanut oil brands and varieties. This multiple allows consumers to choose from different options, including refined, unrefined, organic, and specialty variants, catering to diverse preferences and requirements.

By Type Analysis

By type, the market is categorized into refined and unrefined. In 2022, the refined segment held the 81.84 % revenue share in the market. Refined is processed to have a high smoke point, typically above 440°F (227°C). This characteristic makes it suitable for various high temperature cooking methods, including deep frying, sautéing, and stir-frying. The oil's stability at high temperatures prevents it from breaking down or producing undesirable flavors, making it a preferred choice in professional kitchens and households.

By Regional Analysis

Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the North America region acquired a 29.77 % revenue share in the market. Peanut oil has a high smoke point, making it an excellent choice for frying. In North America, where fried foods are popular, peanut oil's ability to withstand high temperatures without breaking down or producing off-flavors makes it a preferred cooking oil for various fried dishes. The rise of local and artisanal food production has led to the emergence of small-scale peanut oil producers in North America.

List of Key Companies Profiled
  • Olam Group Limited (Temasek Capital)
  • The Hain Celestial Group, Inc.
  • Wilmar International Limited
  • Cargill, Incorporated
  • Archer Daniels Midland Company
  • COFCO Corporation
  • Patanjali Ayurved Limited
  • CHS Inc
  • Mother Dairy Fruit & Vegetable Pvt. Ltd.
  • Bunge Limited
Global Peanut Oil Market Report Segmentation

By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Food
  • Cosmetics
  • Pharmaceuticals
  • Others
By Distribution Channel (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Business To Business
  • Hypermarket/Supermarket
  • Online Sales Channels
  • Independent Retail Stores
By Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Refined
  • Unrefined
By Geography (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK s
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Peanut Oil Market, by Application
1.4.2 Global Peanut Oil Market, by Distribution Channel
1.4.3 Global Peanut Oil Market, by Type
1.4.4 Global Peanut Oil Market, by Geography
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. Global Peanut Oil Market, by Application
4.1 Global Food Market, by Region
4.2 Global Cosmetics Market, by Region
4.3 Global Pharmaceuticals Market, by Region
4.4 Global Others Market, by Region
Chapter 5. Global Peanut Oil Market, by Distribution Channel
5.1 Global Business To Business Market, by Region
5.2 Global Hypermarket/Supermarket Market, by Region
5.3 Global Online Sales Channels Market, by Region
5.4 Global Independent Retail Stores Market, by Region
Chapter 6. Global Peanut Oil Market, by Type
6.1 Global Refined Market, by Region
6.2 Global Unrefined Market, by Region
Chapter 7. Global Peanut Oil Market, by Region
7.1 North America Peanut Oil Market
7.1.1 North America Peanut Oil Market, by Application
7.1.1.1 North America Food Market, by Country
7.1.1.2 North America Cosmetics Market, by Country
7.1.1.3 North America Pharmaceuticals Market, by Country
7.1.1.4 North America Others Market, by Country
7.1.2 North America Peanut Oil Market, by Distribution Channel
7.1.2.1 North America Business To Business Market, by Country
7.1.2.2 North America Hypermarket/Supermarket Market, by Country
7.1.2.3 North America Online Sales Channels Market, by Country
7.1.2.4 North America Independent Retail Stores Market, by Country
7.1.3 North America Peanut Oil Market, by Type
7.1.3.1 North America Refined Market, by Country
7.1.3.2 North America Unrefined Market, by Country
7.1.4 North America Peanut Oil Market, by Country
7.1.4.1 US Peanut Oil Market
7.1.4.1.1 US Peanut Oil Market, by Application
7.1.4.1.2 US Peanut Oil Market, by Distribution Channel
7.1.4.1.3 US Peanut Oil Market, by Type
7.1.4.2 Canada Peanut Oil Market
7.1.4.2.1 Canada Peanut Oil Market, by Application
7.1.4.2.2 Canada Peanut Oil Market, by Distribution Channel
7.1.4.2.3 Canada Peanut Oil Market, by Type
7.1.4.3 Mexico Peanut Oil Market
7.1.4.3.1 Mexico Peanut Oil Market, by Application
7.1.4.3.2 Mexico Peanut Oil Market, by Distribution Channel
7.1.4.3.3 Mexico Peanut Oil Market, by Type
7.1.4.4 Rest of North America Peanut Oil Market
7.1.4.4.1 Rest of North America Peanut Oil Market, by Application
7.1.4.4.2 Rest of North America Peanut Oil Market, by Distribution Channel
7.1.4.4.3 Rest of North America Peanut Oil Market, by Type
7.2 Europe Peanut Oil Market
7.2.1 Europe Peanut Oil Market, by Application
7.2.1.1 Europe Food Market, by Country
7.2.1.2 Europe Cosmetics Market, by Country
7.2.1.3 Europe Pharmaceuticals Market, by Country
7.2.1.4 Europe Others Market, by Country
7.2.2 Europe Peanut Oil Market, by Distribution Channel
7.2.2.1 Europe Business To Business Market, by Country
7.2.2.2 Europe Hypermarket/Supermarket Market, by Country
7.2.2.3 Europe Online Sales Channels Market, by Country
7.2.2.4 Europe Independent Retail Stores Market, by Country
7.2.3 Europe Peanut Oil Market, by Type
7.2.3.1 Europe Refined Market, by Country
7.2.3.2 Europe Unrefined Market, by Country
7.2.4 Europe Peanut Oil Market, by Country
7.2.4.1 Germany Peanut Oil Market
7.2.4.1.1 Germany Peanut Oil Market, by Application
7.2.4.1.2 Germany Peanut Oil Market, by Distribution Channel
7.2.4.1.3 Germany Peanut Oil Market, by Type
7.2.4.2 UK Peanut Oil Market
7.2.4.2.1 UK Peanut Oil Market, by Application
7.2.4.2.2 UK Peanut Oil Market, by Distribution Channel
7.2.4.2.3 UK Peanut Oil Market, by Type
7.2.4.3 France Peanut Oil Market
7.2.4.3.1 France Peanut Oil Market, by Application
7.2.4.3.2 France Peanut Oil Market, by Distribution Channel
7.2.4.3.3 France Peanut Oil Market, by Type
7.2.4.4 Russia Peanut Oil Market
7.2.4.4.1 Russia Peanut Oil Market, by Application
7.2.4.4.2 Russia Peanut Oil Market, by Distribution Channel
7.2.4.4.3 Russia Peanut Oil Market, by Type
7.2.4.5 Spain Peanut Oil Market
7.2.4.5.1 Spain Peanut Oil Market, by Application
7.2.4.5.2 Spain Peanut Oil Market, by Distribution Channel
7.2.4.5.3 Spain Peanut Oil Market, by Type
7.2.4.6 Italy Peanut Oil Market
7.2.4.6.1 Italy Peanut Oil Market, by Application
7.2.4.6.2 Italy Peanut Oil Market, by Distribution Channel
7.2.4.6.3 Italy Peanut Oil Market, by Type
7.2.4.7 Rest of Europe Peanut Oil Market
7.2.4.7.1 Rest of Europe Peanut Oil Market, by Application
7.2.4.7.2 Rest of Europe Peanut Oil Market, by Distribution Channel
7.2.4.7.3 Rest of Europe Peanut Oil Market, by Type
7.3 Asia Pacific Peanut Oil Market
7.3.1 Asia Pacific Peanut Oil Market, by Application
7.3.1.1 Asia Pacific Food Market, by Country
7.3.1.2 Asia Pacific Cosmetics Market, by Country
7.3.1.3 Asia Pacific Pharmaceuticals Market, by Country
7.3.1.4 Asia Pacific Others Market, by Country
7.3.2 Asia Pacific Peanut Oil Market, by Distribution Channel
7.3.2.1 Asia Pacific Business To Business Market, by Country
7.3.2.2 Asia Pacific Hypermarket/Supermarket Market, by Country
7.3.2.3 Asia Pacific Online Sales Channels Market, by Country
7.3.2.4 Asia Pacific Independent Retail Stores Market, by Country
7.3.3 Asia Pacific Peanut Oil Market, by Type
7.3.3.1 Asia Pacific Refined Market, by Country
7.3.3.2 Asia Pacific Unrefined Market, by Country
7.3.4 Asia Pacific Peanut Oil Market, by Country
7.3.4.1 China Peanut Oil Market
7.3.4.1.1 China Peanut Oil Market, by Application
7.3.4.1.2 China Peanut Oil Market, by Distribution Channel
7.3.4.1.3 China Peanut Oil Market, by Type
7.3.4.2 Japan Peanut Oil Market
7.3.4.2.1 Japan Peanut Oil Market, by Application
7.3.4.2.2 Japan Peanut Oil Market, by Distribution Channel
7.3.4.2.3 Japan Peanut Oil Market, by Type
7.3.4.3 India Peanut Oil Market
7.3.4.3.1 India Peanut Oil Market, by Application
7.3.4.3.2 India Peanut Oil Market, by Distribution Channel
7.3.4.3.3 India Peanut Oil Market, by Type
7.3.4.4 South Korea Peanut Oil Market
7.3.4.4.1 South Korea Peanut Oil Market, by Application
7.3.4.4.2 South Korea Peanut Oil Market, by Distribution Channel
7.3.4.4.3 South Korea Peanut Oil Market, by Type
7.3.4.5 Australia Peanut Oil Market
7.3.4.5.1 Australia Peanut Oil Market, by Application
7.3.4.5.2 Australia Peanut Oil Market, by Distribution Channel
7.3.4.5.3 Australia Peanut Oil Market, by Type
7.3.4.6 Malaysia Peanut Oil Market
7.3.4.6.1 Malaysia Peanut Oil Market, by Application
7.3.4.6.2 Malaysia Peanut Oil Market, by Distribution Channel
7.3.4.6.3 Malaysia Peanut Oil Market, by Type
7.3.4.7 Rest of Asia Pacific Peanut Oil Market
7.3.4.7.1 Rest of Asia Pacific Peanut Oil Market, by Application
7.3.4.7.2 Rest of Asia Pacific Peanut Oil Market, by Distribution Channel
7.3.4.7.3 Rest of Asia Pacific Peanut Oil Market, by Type
7.4 LAMEA Peanut Oil Market
7.4.1 LAMEA Peanut Oil Market, by Application
7.4.1.1 LAMEA Food Market, by Country
7.4.1.2 LAMEA Cosmetics Market, by Country
7.4.1.3 LAMEA Pharmaceuticals Market, by Country
7.4.1.4 LAMEA Others Market, by Country
7.4.2 LAMEA Peanut Oil Market, by Distribution Channel
7.4.2.1 LAMEA Business To Business Market, by Country
7.4.2.2 LAMEA Hypermarket/Supermarket Market, by Country
7.4.2.3 LAMEA Online Sales Channels Market, by Country
7.4.2.4 LAMEA Independent Retail Stores Market, by Country
7.4.3 LAMEA Peanut Oil Market, by Type
7.4.3.1 LAMEA Refined Market, by Country
7.4.3.2 LAMEA Unrefined Market, by Country
7.4.4 LAMEA Peanut Oil Market, by Country
7.4.4.1 Brazil Peanut Oil Market
7.4.4.1.1 Brazil Peanut Oil Market, by Application
7.4.4.1.2 Brazil Peanut Oil Market, by Distribution Channel
7.4.4.1.3 Brazil Peanut Oil Market, by Type
7.4.4.2 Argentina Peanut Oil Market
7.4.4.2.1 Argentina Peanut Oil Market, by Application
7.4.4.2.2 Argentina Peanut Oil Market, by Distribution Channel
7.4.4.2.3 Argentina Peanut Oil Market, by Type
7.4.4.3 UAE Peanut Oil Market
7.4.4.3.1 UAE Peanut Oil Market, by Application
7.4.4.3.2 UAE Peanut Oil Market, by Distribution Channel
7.4.4.3.3 UAE Peanut Oil Market, by Type
7.4.4.4 Saudi Arabia Peanut Oil Market
7.4.4.4.1 Saudi Arabia Peanut Oil Market, by Application
7.4.4.4.2 Saudi Arabia Peanut Oil Market, by Distribution Channel
7.4.4.4.3 Saudi Arabia Peanut Oil Market, by Type
7.4.4.5 South Africa Peanut Oil Market
7.4.4.5.1 South Africa Peanut Oil Market, by Application
7.4.4.5.2 South Africa Peanut Oil Market, by Distribution Channel
7.4.4.5.3 South Africa Peanut Oil Market, by Type
7.4.4.6 Nigeria Peanut Oil Market
7.4.4.6.1 Nigeria Peanut Oil Market, by Application
7.4.4.6.2 Nigeria Peanut Oil Market, by Distribution Channel
7.4.4.6.3 Nigeria Peanut Oil Market, by Type
7.4.4.7 Rest of LAMEA Peanut Oil Market
7.4.4.7.1 Rest of LAMEA Peanut Oil Market, by Application
7.4.4.7.2 Rest of LAMEA Peanut Oil Market, by Distribution Channel
7.4.4.7.3 Rest of LAMEA Peanut Oil Market, by Type
Chapter 8. Company Profiles
8.1 Chs Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 SWOT Analysis
8.2 Bunge Limited
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 SWOT Analysis
8.3 Olam Group Limited (Temasek Capital)
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 SWOT Analysis
8.4 The Hain Celestial Group, Inc.
8.4.1 Company overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expense
8.4.5 SWOT Analysis
8.5 Wilmar International Limited
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.6 Cargill, Incorporated
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Acquisition and Mergers:
8.7 Archer Daniels Midland Company
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.8 COFCO Corporation
8.8.1 Company Overview
8.8.2 SWOT Analysis
8.9 Mother Dairy Fruit & Vegetable Pvt. Ltd. (National Dairy Development Board)
8.9.1 Company Overview
8.9.2 SWOT Analysis
8.10. Patanjali Ayurved Limited
8.10.1 Company Overview
8.10.2 SWOT Analysis
Chapter 9. Winning Imperatives of Peanut Oil Market

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings