- The peanut oil market is experiencing steady growth due to its wide usage in culinary applications, particularly in frying and baking, where its mild flavor and high smoke point are highly valued by consumers and food service providers
- With increasing consumer focus on natural and unrefined oils, peanut oil is gaining traction in households and gourmet kitchens, supported by rising demand for premium edible oils across various segments
- North America holds the largest revenue share of 35% in the peanut oil market, supported by increasing consumer focus on healthy and natural oils and reflecting strong consumer awareness and evolving dietary preferences toward healthier oils
- The Asia-Pacific region is expected to witness the highest growth rate in the global peanut oil market, driven by increasing demand for natural and healthy cooking oils, rapid urbanization, and rising disposable incomes in countries such as China and India
- The conventional peanuts segment holds the largest market revenue share of around 65% in 2024, attributed to its widespread cultivation and consistent supply. Conventional peanut oil remains the preferred choice for many consumers due to its availability and cost-effectiveness
