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Peanut Oil Market Revenue Outlook: What CAGR Is Expected Through 2030?
The market size for peanut oil has demonstrated robust growth in recent years. It is projected to increase from $10.73 billion in 2025 to $11.29 billion in 2026, at a compound annual growth rate (CAGR) of 5.2%. This expansion during the historic period can be attributed to factors such as the increasing consumption of edible oils, the extensive cultivation of peanuts, the rising utilization of peanut oil in Asian cuisines, the growth of food processing industries, and steady demand from the restaurant sector.
The peanut oil market is projected to experience consistent expansion over the upcoming years, with its size anticipated to reach $13.54 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 4.7%. This projected growth can be attributed to factors such as a heightened emphasis on heart-healthy cooking oils, the expanding consumption of organic foods, rising demand from cosmetic formulations, the proliferation of online edible oil sales, and the increasing adoption of traceable agricultural sourcing. Key trends expected during this period include a surge in demand for cold-pressed and organic oils, a growing preference for cooking oils with high smoke points, the expanding utilization of peanut oil in personal care products, the wider adoption of sustainable packaging formats, and an increased focus on nutritional label transparency.
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Peanut Oil Market Expansion Drivers: What Is Shaping Future Growth?
Increasing consumer understanding and health consciousness are projected to boost the expansion of the peanut oil market in the future. This rise in awareness and health concerns stems from better access to information, greater demands for product transparency, and a heightened focus on individual well-being. Peanut oil, a versatile culinary product, offers benefits for heart, skin, and brain health, as well as immunity, thereby appealing to health-conscious consumers when consumed moderately. For example, data from November 2025 by the International Food Information Council, a U.S.-based non-profit organization, indicates that in 2025, American dietary trends heavily favored high protein at 23% and mindful eating at 19%. Additionally, more than 6 in 10 Americans express worry about their sugar intake. Consequently, the expanding consumer awareness and health concerns will act as a primary driver for the peanut oil market.
Peanut Oil Market Segment Outlook: Which Categories Are Expanding The Fastest?
The peanut oil market covered in this report is segmented –
1) By Type: Refined, Un-Refined
2) By Packaging: Glass Containers, Plastic Containers, Cartons, Plastic Pouches, Other Packaging Types
3) By Distribution Channel: Business To Business, Hypermarket Or Supermarket, Online Sales Channels, Independent Retail Stores
4) By Application: Personal Care Products, Food, Pharmaceutical, Other Application
5) By End Users: Home, Restaurant, Food Manufacture, Other End Users
Subsegments:
1) By Refined Peanut Oil: Bleached Peanut Oil, Deodorized Peanut Oil, Hydrogenated Refined Peanut Oil, Fully Refined Peanut Oil For Cooking, Refined Peanut Oil For Industrial Applications, Refined Peanut Oil For Cosmetic Products
2) By Un-Refined Peanut Oil: Cold-Pressed Un-Refined Peanut Oil, Expeller-Pressed Un-Refined Peanut Oil, Organic Un-Refined Peanut Oil, Virgin Un-Refined Peanut Oil, Un-Refined Peanut Oil For Cooking And Culinary Uses, Un-Refined Peanut Oil For Cosmetic And Personal Care Products
Peanut Oil Market Strategic Trends: What Is Defining The Next Phase Of Growth?
Prominent companies within the peanut oil market are concentrating on creating novel product lines, specifically cold-pressed groundnut oils, to penetrate the burgeoning premium cold-pressed oil sector. These cold-pressed groundnut oils are defined as those derived from groundnuts or peanuts through traditional cold-pressing techniques, avoiding heat or chemical involvement. An illustrative example occurred in August 2023 when Tata Consumer Products, an India-based producer and distributor of consumer food and beverages, unveiled a fresh assortment of 100% pure and unrefined cold-pressed oils, aiming to make high-quality oils available and affordable for a broad consumer base. The Tata Simply Better Cold Pressed Oils range includes four distinct types: cold-pressed groundnut oil, virgin cold-pressed coconut oil, cold-pressed mustard oil, and cold-pressed sesame (gingelly) oil. This introduction of new cold-pressed oils is consistent with Tata’s overarching strategy to innovate within this rapidly expanding market and to furnish consumers with nutritious choices that support overall health.
Peanut Oil Market Key Companies And Competitive Benchmarking
Major companies operating in the peanut oil market are Cargill Inc., Archer Daniels Midland Company, Wilmar International Limited, Bunge Limited, CHS Inc., Olam International, Yihai Kerry Investments Co. Ltd., Louis Dreyfus Company, Adani Wilmar, Ruchi Soya Industries Ltd., Hain Celestial Group, J-Oil Mills Inc., Lam Soon Group, Ventura Foods, Agarwal Industries Pvt. Ltd., Liberty Oil Mills Ltd., Golden Peanut and Tree Nuts, Catania Oils, Planters Peanut Co., Agro Indonesia, Manishankar Oils Pvt. Ltd., Shree Ram Proteins Ltd, Kothari Oils
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Peanut Oil Market Regional Outlook: Where Are The Largest Opportunities Located?
Asia-Pacific was the largest region in the peanut oil market in 2025. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the peanut oil market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.