Key Insights

The global groundnut oil market, valued at $11.05 billion in 2025, is projected to experience steady growth, driven by increasing consumer demand for healthy cooking oils and its use in various applications. The market's Compound Annual Growth Rate (CAGR) of 2.30% from 2025 to 2033 indicates a consistent, albeit moderate, expansion. Key drivers include the growing awareness of groundnut oil's nutritional benefits, such as its high monounsaturated fat content and rich vitamin E profile, making it a preferred choice for health-conscious consumers. Furthermore, its versatility across food, personal care, and pharmaceutical applications contributes to its sustained market demand. While potential restraints could include fluctuating groundnut yields due to weather patterns and competition from other vegetable oils, the consistent demand and diverse applications suggest a positive outlook for the market. The refined segment is expected to hold a larger market share compared to unrefined, driven by consumer preference for convenience and longer shelf life. Geographically, Asia Pacific, particularly India and China, is likely to dominate the market due to high consumption rates and extensive cultivation of groundnuts. North America and Europe are expected to show moderate growth fueled by increasing health consciousness and demand for specialty food products.

The competitive landscape comprises a mix of multinational corporations and regional players. Major players like Wilmar International, Cargill, and Bunge leverage their global reach and established supply chains to maintain a strong presence. Smaller, regional companies often focus on specific geographical markets or niche applications, offering specialized products or catering to local preferences. Future growth will likely be influenced by factors such as technological advancements in oil extraction and refining, innovation in product formulations (e.g., functional groundnut oils), and sustainable farming practices aimed at improving groundnut yield and quality. The market will also be shaped by evolving consumer preferences, governmental regulations concerning food safety and labeling, and the overall economic conditions within key regions. Strategic partnerships, mergers, and acquisitions are expected to reshape the competitive dynamics in the coming years.

Groundnut Oil Industry Market Report: 2019-2033

This comprehensive report provides an in-depth analysis of the global groundnut oil industry, encompassing market dynamics, growth trends, regional performance, and key players. The study covers the period from 2019 to 2033, with a focus on the forecast period 2025-2033 and a base year of 2025. This report is invaluable for industry professionals, investors, and strategic decision-makers seeking to understand and capitalize on opportunities within this dynamic market. The total market size in 2025 is estimated at xx Million units.

Groundnut Oil Industry Market Dynamics & Structure

This section analyzes the competitive landscape of the groundnut oil market, encompassing market concentration, technological advancements, regulatory frameworks, substitute products, end-user demographics, and mergers & acquisitions (M&A) activities. The market is moderately concentrated, with several major players holding significant market share. However, smaller regional players also contribute to the overall market volume.

• Market Concentration: The top 5 players account for approximately xx% of the global market share in 2025.
• Technological Innovation: Advances in extraction techniques, refining processes, and packaging technologies are driving efficiency and product quality improvements. However, high initial investment costs can serve as a barrier to entry for smaller companies.
• Regulatory Framework: Food safety regulations and labeling requirements vary across regions, influencing production and distribution strategies. Changes in these regulations can significantly impact market dynamics.
• Competitive Substitutes: Other vegetable oils, such as soybean oil and sunflower oil, pose competition, particularly in price-sensitive markets. The groundnut oil market needs to emphasize its unique nutritional benefits and health advantages to maintain a competitive edge.
• End-User Demographics: Growing health consciousness and increasing demand for healthier cooking oils are major drivers of growth, particularly in developing economies. Changing consumer preferences are also influencing product innovation.
• M&A Trends: The number of M&A deals in the groundnut oil industry during the historical period (2019-2024) averaged xx deals per year, reflecting industry consolidation and expansion strategies.

Groundnut Oil Industry Growth Trends & Insights

The groundnut oil market witnessed robust growth during the historical period (2019-2024), driven by factors such as increasing global population, rising disposable incomes, and a growing preference for healthier cooking oils. The market is expected to continue its growth trajectory during the forecast period (2025-2033).

The market size is projected to reach xx Million units by 2033, exhibiting a CAGR of xx% during the forecast period. This growth is fueled by various factors, including:

• Increasing demand for refined groundnut oil in food applications across various regions.
• Growing awareness of the nutritional benefits of groundnut oil, boosting consumer preference.
• Expansion of the personal care segment due to the incorporation of groundnut oil in cosmetics and skincare products.
• Technological advancements in oil extraction, refining, and packaging.
• Rising investments in the groundnut oil production and distribution infrastructure in several developing economies.

Dominant Regions, Countries, or Segments in Groundnut Oil Industry

Asia-Pacific is currently the largest regional market for groundnut oil, driven by robust demand from countries like India and China. The food segment holds the largest share among all applications, while refined groundnut oil dominates the type segment.

• Asia-Pacific: High population density, increasing disposable incomes, and expanding food processing industries fuel significant growth in this region. Government initiatives supporting agricultural development also contribute to the market expansion.
• Africa: Significant growth potential exists in Africa, fueled by rising demand, but supply chain infrastructure and production capabilities need improvements.
• Americas: The North American market shows steady growth, while the South American market is witnessing gradual expansion.
• Europe: Demand is stable in Europe, influenced by consumer preferences for healthy oils and stringent quality standards.
• Food Segment Dominance: The substantial use of groundnut oil in cooking across various culinary traditions contributes to the segment's leading position.
• Refined Groundnut Oil: The preference for refined oil due to its superior taste, purity, and longer shelf life has driven growth in this segment.

Groundnut Oil Industry Product Landscape

Groundnut oil products are categorized as refined and unrefined, offering various applications across food, personal care, and pharmaceuticals. Recent innovations focus on enhancing shelf life, improving flavor profiles, and developing specialized products for specific applications. For instance, the development of high-oleic groundnut oil with extended shelf life and improved oxidative stability is a notable technological advancement.

Key Drivers, Barriers & Challenges in Groundnut Oil Industry

Key Drivers:

• Growing consumer preference for healthy and nutritious cooking oils.
• Increasing awareness of the health benefits associated with groundnut oil consumption.
• Expanding applications of groundnut oil in food processing, personal care, and pharmaceuticals.

Challenges:

• Fluctuations in groundnut prices due to climate change and supply chain disruptions.
• Competition from other vegetable oils, like soybean and sunflower oil.
• Stringent food safety regulations and labeling requirements across different regions.

Emerging Opportunities in Groundnut Oil Industry

Emerging opportunities reside in untapped markets in Africa and Latin America, where the demand for healthy cooking oils is growing. Additionally, the development of specialized groundnut oil products for niche applications, such as high-oleic varieties and functional oils enriched with specific nutrients, presents significant potential. Finally, leveraging the growing awareness of sustainable sourcing and eco-friendly packaging will further drive market growth.

Growth Accelerators in the Groundnut Oil Industry Industry

Strategic partnerships between groundnut oil producers and food processing companies to develop innovative product formulations will drive growth. Furthermore, investments in research and development focused on improving yield, enhancing oil quality, and developing value-added products will also contribute significantly. Finally, the expansion into new geographic markets with strong growth potential will accelerate market expansion.

Key Players Shaping the Groundnut Oil Industry Market

• Wilmar International Limited
• CHS Inc
• Luhua Group Co Ltd
• Shandong Xingquan Oil Co Ltd
• Cargill Incorporated
• Bunge Ltd
• Archer Daniels Midland Company
• Hain Celestial Group Inc
• Olam International
• Liberty Oil Mills Limited
• Lorenzati Group

Notable Milestones in Groundnut Oil Industry Sector

• 2020: Increased focus on sustainable sourcing and traceability initiatives by major players.
• 2021: Launch of new high-oleic groundnut oil with improved shelf life by a leading producer.
• 2022: Several mergers and acquisitions aimed at consolidating market share and expanding geographic reach.
• 2023: Introduction of groundnut oil-based skincare products by a prominent personal care company.

In-Depth Groundnut Oil Industry Market Outlook

The groundnut oil market is poised for sustained growth, driven by increasing health consciousness, expanding applications, and strategic initiatives by key players. Opportunities for market expansion lie in exploring new geographic regions, developing innovative products, and leveraging sustainable practices to enhance brand appeal and consumer trust. The continued focus on research and development, aimed at improving yield, quality, and product diversification, will be crucial for long-term success in this competitive market.

Groundnut Oil Industry Segmentation

• 1. Type
  • 1.1. Refined
  • 1.2. Unrefined
• 2. Application
  • 2.1. Personal Care
  • 2.2. Food
  • 2.3. Pharmaceuticals
  • 2.4. Other Applications

Groundnut Oil Industry Segmentation By Geography

• 1. North America
  • 1.1. United States
  • 1.2. Canada
  • 1.3. Mexico
  • 1.4. Rest of North America
• 2. Europe
  • 2.1. Spain
  • 2.2. United Kingdom
  • 2.3. Germany
  • 2.4. France
  • 2.5. Italy
  • 2.6. Russia
  • 2.7. Rest of Europe
• 3. Asia Pacific
  • 3.1. China
  • 3.2. Japan
  • 3.3. India
  • 3.4. Australia
  • 3.5. Rest of Asia Pacific
• 4. South America
  • 4.1. Brazil
  • 4.2. Argentina
  • 4.3. Rest of South America
• 5. Middle East and Africa
  • 5.1. South Africa
  • 5.2. Saudi Arabia
  • 5.3. Rest of Middle East and Africa