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 Compound Annual Growth Rate (CAGR) of 2.30% from 2025 to 2033 indicates a consistent expansion, albeit moderate. Key drivers include the rising popularity of groundnut oil in personal care products due to its moisturizing properties, and its continued importance in the food industry, especially in Asian and African cuisines where it's a staple. The refined segment holds a significant market share, reflecting consumer preference for convenience and enhanced shelf life. While growth is expected across all application segments—personal care, food, pharmaceuticals, and others—the food segment is likely to remain dominant. However, challenges such as fluctuating groundnut prices and competition from other vegetable oils could restrain market expansion. Major players like Wilmar International, Cargill, and Bunge are leveraging their global presence and supply chain expertise to maintain market share, while regional players are focusing on localized production and distribution to cater to specific market needs. The Asia-Pacific region, particularly India and China, is projected to dominate the market due to high groundnut production and consumption. North America and Europe will experience moderate growth driven by increasing health-conscious consumers.

The forecast period (2025-2033) will likely see a gradual shift towards sustainable and ethically sourced groundnut oil, influencing consumer purchasing decisions. The industry will experience increased focus on traceability and transparency within the supply chain, addressing concerns regarding sustainability. Innovation in processing and packaging technologies will further enhance product quality and shelf life. Furthermore, opportunities for growth exist in exploring novel applications of groundnut oil in specialty food products and functional foods, capitalizing on its nutritional benefits. The market’s future hinges on effectively managing supply chain challenges, adapting to consumer preferences for sustainably produced products, and innovating to meet emerging market needs.

Groundnut Oil Industry Market Report: 2019-2033 Forecast

This comprehensive report provides a detailed analysis of the global groundnut oil industry, offering valuable insights for industry professionals, investors, and stakeholders. Covering the period 2019-2033, with a focus on 2025, this report unveils market trends, competitive dynamics, and future growth opportunities within the $XX Million groundnut oil market.

Groundnut Oil Industry Market Structure & Innovation Trends

This section analyzes the competitive landscape of the groundnut oil industry, focusing on market concentration, innovation drivers, and regulatory influences. The report examines the market share held by key players such as 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, and Lorenzati Group (list not exhaustive). We delve into the impact of mergers and acquisitions (M&A) activity, analyzing deal values and their effect on market consolidation. The study also explores the influence of regulatory frameworks on innovation and product development, including the impact of substitutes and evolving end-user demographics. Key metrics, such as market share percentages and M&A deal values in Millions, are included for a comprehensive understanding. For example, Wilmar International Limited might hold a xx% market share, while recent M&A activity totalled approximately $xx Million.

Groundnut Oil Industry Market Dynamics & Trends

This section details the key market dynamics influencing the groundnut oil industry's growth trajectory. The report explores factors driving market expansion, such as changing consumer preferences (e.g., increasing demand for healthy oils), technological advancements in oil processing and extraction, and evolving competitive strategies. The analysis includes a comprehensive examination of the Compound Annual Growth Rate (CAGR) during the historical period (2019-2024) and the forecast period (2025-2033), alongside market penetration rates for refined and unrefined groundnut oil across different geographical regions. We assess the impact of technological disruptions, such as advancements in oil extraction and refining techniques, on market dynamics and competitive landscapes. The report explores the strategic responses of key players to market changes, including product diversification and expansion into new markets. The estimated market size in 2025 is $XX Million.

Dominant Regions & Segments in Groundnut Oil Industry

This section identifies the leading regions and segments within the groundnut oil market. A detailed analysis assesses the dominance of specific geographic areas (e.g., Asia-Pacific, North America) and market segments (refined vs. unrefined groundnut oil; food, personal care, pharmaceutical, and other applications). Key drivers behind regional and segment dominance are explored using bullet points.

• Asia-Pacific: High population density, increasing disposable incomes, and a growing preference for healthy cooking oils.
• North America: Strong demand from food processing industries and personal care sectors.
• Refined Groundnut Oil: Higher consumer preference due to its purity and longer shelf life.
• Food Applications: Largest segment due to extensive use in cooking and food processing.

The report provides a detailed explanation for the dominance of each region and segment, incorporating economic policies, infrastructure development, and consumer behavior trends.

Groundnut Oil Industry Product Innovations

This section summarizes recent product developments and innovations in the groundnut oil industry. It highlights technological trends shaping product features, such as the use of sustainable processing methods and the development of fortified groundnut oils with added nutrients. The report explores how these innovations contribute to competitive advantages and satisfy evolving consumer demands. The focus is on how technological advancements are driving market fit and overall growth.

Report Scope & Segmentation Analysis

This section outlines the scope of the report and details the market segmentation, including:

• By Type: Refined and Unrefined groundnut oil, with projected growth rates and market sizes for each segment in Millions.
• By Application: Food, Personal Care, Pharmaceuticals, and Other Applications. Each segment's size, growth projections, and competitive dynamics are analyzed.

Key Drivers of Groundnut Oil Industry Growth

This section highlights the key factors driving growth in the groundnut oil industry. Technological advancements in extraction and refining, increasing health consciousness among consumers leading to higher demand for healthy cooking oils, and supportive government policies promoting domestic production are discussed.

Challenges in the Groundnut Oil Industry Sector

This section discusses the challenges facing the groundnut oil industry. These include fluctuating raw material prices, stringent regulatory requirements, supply chain disruptions, and intense competition from other vegetable oils. The quantitative impact of these challenges on market growth is also discussed.

Emerging Opportunities in Groundnut Oil Industry

This section explores emerging opportunities in the groundnut oil industry, such as the rising demand in new markets, advancements in sustainable agricultural practices, and the development of value-added groundnut oil products.

Leading Players in 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

*List Not Exhaustive

Key Developments in Groundnut Oil Industry Industry

• 2023-Q2: Launch of a new, sustainably-sourced groundnut oil by Wilmar International.
• 2022-Q4: Acquisition of a smaller groundnut oil producer by Cargill Incorporated for $xx Million.
• 2021-Q3: Introduction of a new groundnut oil refining technology by ADM, increasing efficiency by xx%. (Note: Specific dates and details for other developments will be included in the full report.)

Future Outlook for Groundnut Oil Industry Market

The future outlook for the groundnut oil industry is positive, driven by continued growth in key markets and ongoing product innovations. The market is expected to expand steadily, with opportunities for both established players and new entrants. Strategic partnerships, sustainable sourcing initiatives, and focus on value-added products will play a significant role in shaping future market dynamics. The potential for growth is significant, with projections indicating a market size of $XX Million by 2033.

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