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Asia Pacific Peanut Oil Market By Type (Refined And Unrefined) By Packaging (Glass Containers, Plastic Containers, Cartons, Plastic Pouches, And Others) By Application (Personal Care Products, Food, Pharmaceutical, And Others) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2022 to 2027

Published: March, 2023
ID: 5308
Pages: 145
Formats: report pdf report excel report power bi report ppt

Asia Pacific Peanut Oil Market  Size and Growth Analysis:

Asia Pacific Peanut Oil Market is worth USD xx million in 2022 and estimated to grow at a CAGR of xx.xx%, to reach USD xx million by 2027. The Asia Pacific Peanut Oil market is developing at an exceptionally quick pace.

Asia Pacific Peanut Oil Market Overview:

Peanut oil is a mild-tasting vegetable oil derived from peanuts. It is also known as groundnut oil or arachis oil. This oil has a strong peanut flavor and aroma, similar to sesame oil. It has a high smoke point relative to other cooking oils, and is used for frying food. Sometimes antioxidants like vitamin E are also added to improve the shelf life of the oil.Due to lack of unique functionality of peanut oil as compared to other oils, the demand is expected to be stagnant during the forecast period. The significant drivers are functional properties of peanut oil. It is used for deep frying as it does not flavor of the underlying food item. Also nutty flavor of peanut is expected to increase the demand for Peanut Oil. However high prices and increasing demand of soybean restricts the growth of this industry.

Asia Pacific Peanut Oil Market Segmentation:

The Asia Pacific Peanut Oil market is segmented

on the basis of type,

  • packaging

  • application

Based on Type

  • Refined

  • Unrefined

Based on packaging the market is segmented into

  • Glass Containers

  • Plastic Containers

  • Cartons

  • Plastic Pouches

Based on application the market is

  • Personal Care Products

  • Food

  • Pharmaceutical

Asia Pacific Peanut Oil Market geographical Analysis

  • China

  • India

  • Japan

  • South Korea

  • Taiwan

  • Australia

  • South East Asia

China and India are major producers of peanut oil. Both these countries together account for more than 50% share of the Peanut oil market.

Asia Pacific Peanut Oil Market Key players:

  1. Archer Daniels Midland (Golden Peanut)

  2. Adani Wilmar Limited (Fortune Foods)

  3. Ventura Foods (Lou Ana)

  4. Parrish and Heimbecker

  5. Ventura Foods

  6. Hain Celestial Group

  7. Cargill

  8. Incorporated

  9. Olam International

  10. General Mills Inc

  11. Associated British Foods 

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