[Latest] Global Peanut Oil Market Size/Share Worth USD 12.12 Billion by 2032 at a 3.5% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)
Custom Market Insights
Custom Market Insights

[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Peanut Oil Market size & share revenue was valued at approximately USD 10.70 Billion in 2022 and is expected to reach USD 10.85 Billion in 2023 and is expected to reach around USD 12.12 Billion by 2032, at a CAGR of 3.5% between 2023 and 2032. The key market players listed in the report with their sales, revenues and strategies are Cargill Incorporated, Archer Daniels Midland Company, Wilmar International Limited, Bunge Limited, The J.M. Smucker Company, Ventura Foods LLC, Amanah Oil, Golden Peanut and Tree Nuts, Hain Celestial Group Inc., Yihai Kerry Investments Co. Ltd., Olam International, Aminola Brands, H2C Foods, Mizkan America Inc., Agarwal Industries Pvt. Ltd., and others.

Austin, TX, USA, Jan. 12, 2024 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled Peanut Oil Market Size, Trends and Insights By Type (Refined Peanut Oil, Unrefined Peanut Oil), By Application (Cooking, Food Processing, Cosmetics, Pharmaceuticals, Others), By Packaging Type (Bottles, Drums, Bulk), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032 in its research database.

“According to the latest research study, the demand of global Peanut Oil Market size & share was valued at approximately USD 10.70 Billion in 2022 and is expected to reach USD 10.85 Billion in 2023 and is expected to reach a value of around USD 12.12 Billion by 2032, at a compound annual growth rate (CAGR) of about 3.5% during the forecast period 2023 to 2032.”

Click Here to Access a Free Sample Report of the Global Peanut Oil Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=36336

Peanut Oil Market: Growth Factors and Dynamics:

  • Culinary Evolution: The peanut oil market experiences substantial growth driven by the evolving culinary landscape. Peanut oil emerges as a versatile and popular cooking medium, contributing to the flavor, texture, and health aspects of various cuisines.

  • Nutritional Benefits: Advancements in processing techniques highlight the nutritional benefits of peanut oil. Rich in monounsaturated fats, vitamin E, and antioxidants, peanut oil appeals to health-conscious consumers seeking heart-healthy cooking options.

  • Cooking Precision and Flavor Enhancement: Peanut oil’s high smoke point and neutral flavor make it a preferred choice for precision cooking and flavor enhancement. It is widely used in deep frying, sautéing, and stir-frying, providing a crispy texture and enhancing the taste of diverse dishes.