Allied Market Research

2024

Peanut And Peanut Oil Market

Peanut and Peanut Oil Market Size, Share, Competitive Landscape and Trend Analysis Report by Type and by Application : Global Opportunity Analysis and Industry Forecast, 2023-2032

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Author's: | Roshan Deshmukh
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Introduction
Peanut and peanut oil markets have experienced tremendous growth in recent years, driven by increased demand for both products. Peanuts are a staple in many diets, and peanut oils are used in a variety of applications such as personal care products, food, pharmaceuticals, and others. As a result, the peanut and peanut oil market are expected to experience continued growth in the coming years. This report provides an overview of the market, including market dynamics, analysis of the global market, and qualitative insights.
Market Dynamics
The peanut and peanut oil market is driven by a variety of factors, including increasing health awareness, the rise in demand for natural products, and the growing popularity of vegan diets. Consumers are increasingly looking for natural and organic products, which has led to a surge in the demand for peanut-based products. Additionally, the rise in vegan diets has led to a rise in demand for vegan-friendly products, such as peanut butter, which is made from peanuts. Additionally, the increasing demand for peanut and peanut oil products in the food industry is also driving the market.
The market is also restrained by factors such as the high cost of raw material and the availability of substitutes. Additionally, the health concerns associated with peanut allergies have also acted as a restraint on the market.
Market Analysis
The global peanut and peanut oil market is segmented by type, including refined and unrefined, and by application, including personal care products, food, pharmaceutical, and others.
The market in North America is expected to experience significant growth due to increasing demand for natural and organic products from consumers in the region. Additionally, the increasing prevalence of vegan diets is also expected to boost the market in the region.
The market in the EMEA region is expected to experience moderate growth due to the presence of a large population that is health-conscious and increasingly opting for vegan-friendly products.
The market in the Asia-Pacific region is expected to experience significant growth due to the increasing demand for peanut-based products from consumers in the region. Additionally, the availability of inexpensive raw materials and the presence of a large population is expected to further drive the market in the region.
The market in the LAMEA region is expected to experience moderate growth due to the increasing demand for vegan-friendly products and natural and organic products from consumers in the region.
Future Trends
, Market Opportunities, Key Regulations
, Segmental Overview
, Market Scenario
, and Growth Opportunities by Region
The future of the peanut and peanut oil market is expected to be driven by the increasing demand for natural and organic products. Additionally, the increasing prevalence of vegan diets is also expected to drive the market in the coming years. Additionally, the increasing demand for peanut-based products in the food industry is also expected to drive the market. Additionally, the ongoing research and development activities to introduce new products are expected to further drive the market.
Key regulations such as the European Union’s (EU) Regulating the Classification, Labeling, and Packaging of Substances and Mixtures (CLP) Regulation are expected to further drive the market. Additionally, the increasing demand for natural and organic products is expected to further drive the market.
The peanut and peanut oil market is segmented by type, including refined and unrefined, and by application, including personal care products, food, pharmaceutical, and others. The food segment is expected to experience significant growth due to the increasing demand for vegan-friendly products and natural and organic products. Additionally, the increasing popularity of vegan diets is also expected to drive the market.
The peanut and peanut oil market is expected to experience significant growth in all the regions. The market in North America is expected to experience substantial growth due to the increasing demand for natural and organic products from consumers in the region. Additionally, the increasing prevalence of vegan diets is also expected to boost the market in the region. The market in the EMEA region is expected to experience moderate growth due to the presence of a large population that is health-conscious and increasingly opting for vegan-friendly products. The market in the Asia-Pacific region is expected to experience significant growth due to the increasing demand for peanut-based products from consumers in the region. Additionally, the availability of inexpensive raw materials and the presence of a large population is expected to further drive the market in the region. The market in the LAMEA region is expected to experience moderate growth due to the increasing demand for vegan-friendly products and natural and organic products from consumers in the region.
Qualitative Insights
A number of companies in the peanut and peanut oil market have adopted strategies such as new product development, research and development, consumer/end-user perceptions, and pricing strategies.
Amanah Oil has developed a range of new peanut oil products, including cold-pressed peanut oils, which have a high nutritional value. Additionally, the company has also made investments in research and development to introduce new products.
Longda has adopted pricing strategies to increase its market share. Additionally, the company has focused on increasing its consumer/end-user perceptions to boost sales.
Cofco has made investments in research and development to introduce new peanut oil products. Additionally, the company has adopted pricing strategies to increase its market share.
Xiamen Zhongsheng has focused on increasing its consumer/end-user perceptions to boost sales. Additionally, the company has made investments in research and development to introduce new products.
Henan Sunshine Group Corporation has adopted pricing strategies to increase its market share. Additionally, the company has focused on increasing its consumer/end-user perceptions to boost sales.
Sanhe hopefull has adopted pricing strategies to increase its market share. Additionally, the company has focused on increasing its consumer/end-user perceptions to boost sales.
Ventura Foods has adopted pricing strategies to increase its market share. Additionally, the company has focused on increasing its consumer/end-user perceptions to boost sales.
Cargill has made investments in research and development to introduce new peanut oil products. Additionally, the company has adopted pricing strategies to increase its market share.
Shandong Sanwei has focused on increasing its consumer/end-user perceptions to boost sales. Additionally, the company has made investments in research and development to introduce new products.
Shandong Bohi Industry has adopted pricing strategies to increase its market share. Additionally, the company has focused on increasing its consumer/end-user perceptions to boost sales.
Shangdong Jinsheng has adopted pricing strategies to increase its market share. Additionally, the company has focused on increasing its consumer/end-user perceptions to boost sales.
Qingdao Tianxiang has made investments in research and development to introduce new peanut oil products. Additionally, the company has adopted pricing strategies to increase its market share.
Dalian Huanong has focused on increasing its consumer/end-user perceptions to boost sales. Additionally, the company has made investments in research and development to introduce new products.
Yihai Kerry has adopted pricing strategies to increase its market share. Additionally, the company has focused on increasing its consumer/end-user perceptions to boost sales.
ADM has made investments in research and development to introduce new peanut oil products. Additionally, the company has adopted pricing strategies to increase its market share.
Wilmar International has focused on increasing its consumer/end-user perceptions to boost sales. Additionally, the company has made investments in research and development to introduce new products.
Hunan Jinl has adopted pricing strategies to increase its market share. Additionally, the company has focused on increasing its consumer/end-user perceptions to boost sales.
In addition to the companies mentioned above, a number of other companies have also adopted strategies such as new product development, research and development, consumer/end-user perceptions, and pricing strategies. These include: Marico, AAK, Bunge, Musim Mas, Ventura Bio, and Kedem Foods. These companies have made investments in research and development to introduce new products. Additionally, they have adopted pricing strategies to increase their market share, and have focused on increasing their consumer/end-user perceptions to boost sales.
Porter’s Five Force Analysis
Porter’s Five Force Analysis
provides insights into the competitive landscape of the peanut and peanut oil market. The bargaining power of buyers is moderate due to the presence of a large number of suppliers in the market. The bargaining power of suppliers is moderate due to the presence of a large number of buyers in the market. The threat of new entrants is low due to the presence of a large number of established players in the market. The threat of substitutes is high due to the availability of substitutes such as soybean oil and other vegetable oils. The intensity of competitive rivalry is moderate due to the presence of a large number of players in the market.
The peanut and peanut oil market is expected to experience significant growth in the coming years, driven by factors such as the increasing demand for natural and organic products, the rise in vegan diets, and the increasing demand for peanut-based products in the food industry. Additionally, the increasing prevalence of health consciousness and the increasing investments in research and development to introduce new products are expected to further drive the market. Furthermore, the increasing demand for vegan-friendly products and natural and organic products is expected to further drive the market.

 

Key Benefits of the Report

  • This study presents the analytical depiction of the Peanut and Peanut Oil Market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the Peanut and Peanut Oil Market share.
  • The current market is quantitatively analyzed to highlight the Peanut and Peanut Oil Market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed Peanut and Peanut Oil Market analysis based on competitive intensity and how the competition will take shape in coming years

Peanut and Peanut Oil Market Report Highlights

Aspects Details
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By Type
  • Refined
  • Unrefined
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By Application
  • Personal Care Products
  • Food
  • Pharmaceutical
  • Others
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
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Key Market Players

Hunan Jinl, Dalian Huanong, Henan Sunshine Group Corporation, ADM, Sanhe hopefull, Wilmar International, Longda, Yihai Kerry, Cargill, Ventura Foods, Qingdao Tianxiang, Shandong Sanwei, Shangdong Jinsheng, Xiamen Zhongsheng, Amanah Oil, Cofco, Shandong Bohi Industry

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Peanut and Peanut Oil Market

Global Opportunity Analysis and Industry Forecast, 2023-2032