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

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


The North America Peanut Oil Market would witness market growth of 3.7% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 356.1 kilo tonnes, showcasing a growth of 3.6% (2019-2022).

Peanut oil serves as a common carrier oil in various pharmaceutical formulations, owing to its stable composition, mild flavor, and high lipid content. Within this context, peanut oil is primarily utilized in the formulation of oral medications, including soft gel capsules and liquid suspensions, where it acts as a vehicle for delivering active pharmaceutical ingredients (APIs). Therefore, the U.S. market utilized 67 kilo tonnes peanut oil in pharmaceutical in 2022.

The US market dominated the North America Peanut Oil Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,799.6 Million by 2030. The Canada market is experiencing a CAGR of 6% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 5.1% during (2023 - 2030).

Peanut oil is utilized in certain pharmaceutical formulations, particularly in topical preparations such as creams and ointments. Its skin-friendly properties contribute to its use in dermatological products. Peanut oil is a carrier oil in aromatherapy, which is used to dilute and transport essential oils. Its neutral aroma allows the scents of essential oils to be more pronounced. Peanut oil can produce biodiesel, contributing to the renewable energy sector. The oil's fatty acid composition makes it a potential feedstock for biodiesel production.

The high smoke point of peanut oil makes it suitable for high heat cooking methods, including grilling and barbecuing. It imparts a subtle flavor to grilled foods while preventing the formation of acrid smoke. Peanut oil is sometimes used as a component in dietary supplements, providing a source of healthy fats and vitamin E. It may be consumed directly or integrated into nutritional supplements in liquid or capsule form. Demand for cooking oils perceived as healthier alternatives is rising due to the increasing emphasis on health and wellness.

As per the International Trade Administration (ITA), in the first half of 2022, the Canadian cosmetics industry was the fastest-growing industry in the country. In 2022, Canada's personal care and beauty sector earned around $11 billion in revenue. Vitamin E, which occurs in peanut oil, is an antioxidant in Canada. Hence, the factors mentioned above will drive the regional market growth.

Based on Application, the market is segmented into Food, Cosmetics, Pharmaceuticals, and Others. Based on Distribution Channel, the market is segmented into Business To Business, Hypermarket/Supermarket, Online Sales Channels, and Independent Retail Stores. Based on Type, the market is segmented into Refined, and Unrefined. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of 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
North America 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 Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • US
  • Canada
  • Mexico
  • Rest of North America


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Peanut Oil Market, by Application
1.4.2 North America Peanut Oil Market, by Distribution Channel
1.4.3 North America Peanut Oil Market, by Type
1.4.4 North America Peanut Oil Market, by Country
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. North America Peanut Oil Market, by Application
4.1 North America Food Market, by Country
4.2 North America Cosmetics Market, by Country
4.3 North America Pharmaceuticals Market, by Country
4.4 North America Others Market, by Country
Chapter 5. North America Peanut Oil Market, by Distribution Channel
5.1 North America Business To Business Market, by Country
5.2 North America Hypermarket/Supermarket Market, by Country
5.3 North America Online Sales Channels Market, by Country
5.4 North America Independent Retail Stores Market, by Country
Chapter 6. North America Peanut Oil Market, by Type
6.1 North America Refined Market, by Country
6.2 North America Unrefined Market, by Country
Chapter 7. North America Peanut Oil Market, by Country
7.1 US Peanut Oil Market
7.1.1 US Peanut Oil Market, by Application
7.1.2 US Peanut Oil Market, by Distribution Channel
7.1.3 US Peanut Oil Market, by Type
7.2 Canada Peanut Oil Market
7.2.1 Canada Peanut Oil Market, by Application
7.2.2 Canada Peanut Oil Market, by Distribution Channel
7.2.3 Canada Peanut Oil Market, by Type
7.3 Mexico Peanut Oil Market
7.3.1 Mexico Peanut Oil Market, by Application
7.3.2 Mexico Peanut Oil Market, by Distribution Channel
7.3.3 Mexico Peanut Oil Market, by Type
7.4 Rest of North America Peanut Oil Market
7.4.1 Rest of North America Peanut Oil Market, by Application
7.4.2 Rest of North America Peanut Oil Market, by Distribution Channel
7.4.3 Rest of North America 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

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