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Peanut Oil Market Share

Report ID: GMI11880
Published Date: Oct 2024
Report Format: PDF

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Peanut Oil Market Share

The competitive landscape for the peanut oil industry features key global players such as Adani Enterprises, Archer Daniels Midland (ADM), Cargill, COFCO, Lorenzati Ruetsch y Cia, Louis Dreyfus, and Olam International. These companies leverage their extensive supply chains, vast agricultural expertise, and advanced processing technologies to maintain strong market positions. ADM, Cargill, and Louis Dreyfus dominate due to their global footprint and robust distribution networks, providing a competitive edge in both domestic and international markets.

COFCO plays a critical role in China’s peanut oil sector, benefiting from local access to raw materials and peanut oil market demand. Olam International and Adani Enterprises excel in supply chain efficiency and strategic sourcing, with a strong presence in emerging markets. Meanwhile, Lorenzati Ruetsch y Cia, based in Argentina, focuses on regional strengths, emphasizing quality and premium-grade peanut oil. Competition revolves around sustainable practices, cost efficiency, and expansion into value-added product segments like organic and flavored oils.

Peanut Oil Market Companies

Major players operating in the peanut oil industry are:

Adani Enterprises
Archer Daniels Midland
Cargill
COFCO
Lorenzati Ruetsch & Co.
Louis Dreyfus
Olam International
The Hain Celestial Group
The J.M. Smucker
Wilmar International

Authors: Kiran Pulidindi , Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of peanut oil reached USD 10.8 billion in 2023 and is set to grow at a 3.4% CAGR from 2024 to 2032, driven by increasing consumer awareness of its health benefits.

The refined peanut oil segment was valued at USD 6 billion in 2023 and is anticipated to expand at a 3.5% CAGR during 2024 to 2032, due to its widespread use in cooking, frying, and food processing.

The food industry segment dominated around USD 6.5 billion in 2023 and is projected to expand at a 3.4% CAGR from 2024 to 2032, led by its extensive use in cooking, frying, and food preparation.

China's market size was approximately USD 2.2 billion in 2023 and is poised to expand at a 3.1% CAGR through 2032, owing to its vast peanut cultivation and consumption base.

Major players in the industry include Adani Enterprises, Archer Daniels Midland, Cargill, COFCO, Lorenzati Ruetsch y Cia, Louis Dreyfus, Olam International, The Hain Celestial Group, The J.M. Smucker, and Wilmar International.