Global Peanut Oil Market, By Type (Refined, Unrefined), Application (Personal Care Products, Food, Pharmaceutical, Others), Packaging (Glass Containers, Plastic Containers, Cartons, Plastic Pouches, Others), Product (Cold Pressed, Hot Pressed), End User (Home, Restaurant, Food Manufacture, Other), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The peanut oil market is expected to witness market growth at a rate of 3.5% in the forecast period of 2021 to 2028. Data Bridge Market Research report on peanut oil market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the level of competition and minimal unique functionality is escalating the growth of peanut oil market.
Peanut oil can be defined as a vegetable oil derived from peanuts. It is also referred as arachis oil or groundnut oil. The oil has a strong peanut aroma and flavour and mostly utilized in the food industry for deep frying. Peanut oil is especially suitable for deep frying because it does not absorb the flavour of the fundamental food product.
Major factors that are expected to boost the growth of the peanut oil market in the forecast period are the rise in the development of the processed food industry in the advanced developed and emerging nations. Furthermore, the growing of the knowledge regarding the functional advantages of peanut oil amongst the customers is further anticipated to propel the growth of the peanut oil market. Moreover, the rise in the trend of peanut oil because they are cheaper in comparison to other products accessible is further estimated to cushion the growth of the peanut oil market. On the other hand, the easy convenience of alternative products such as soybean oil and sunflower oil is further projected to impede the growth of the peanut oil market in the timeline period.
In addition, the development of online selling in the advancing nations will further provide potential opportunities for the growth of the peanut oil market in the coming years. However, the rise in the manufacturing expenses might further challenge the growth of the peanut oil market in the near future.
This peanut oil market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on peanut oil market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Peanut Oil Market Scope and Market Size
The peanut oil market is segmented on the basis of type, product, end user, packaging and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the peanut oil market is segmented into refined, unrefined.
- On the basis of product, the peanut oil market is segmented into cold pressed, hot pressed.
- On the basis of end user, the peanut oil market is segmented into home, restaurant, food manufacture, other.
- On the basis of packaging, the peanut oil market is segmented into glass containers, plastic containers, cartons, plastic pouches, others.
- On the basis of application, the peanut oil market is segmented into personal care products, food, pharmaceutical, others.
Peanut Oil Market Country Level Analysis
The peanut oil market is analysed and market size, volume information is provided by country, type, product, end user, packaging and application as referenced above.
The countries covered in the peanut oil market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the peanut oil market due to the enormous utilization of ground-nut oil as a food ingredient. Furthermore, the greatest manufacturer as well as customer of the ground-nut oil will further boost the growth of the peanut oil market in the region during the forecast period. Europe is projected to observe significant amount of the growth of the peanut oil market due to the rise in the need for the product in several countries.
The country section of the peanut oil market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Peanut Oil Market Share Analysis
The peanut oil market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to peanut oil market.
The major players covered in the peanut oil market report are ADM, Cargill, Incorporated., Wilmar International Ltd, COFCO International, QingDao ChangSheng Group Co., Arab Sudanese Vegetable Oil Company, Golden Peanut and Tree Nuts, Oliver Oil Co, LLC, Sarika Ventures Pvt Ltd, FreshMill Oils, Proteco, Olam International, Lam Soon Group., Hansal International, VEE GREEN ORGANIC LIFE CARE PRIVATE LIMITED, B.D. Edible Oils & Ashoka Oil Industries, Sanathana Foods, Aryan International., Akash Protein, CFC.INC, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Peanut Oil Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.