Groundnut Oil Market Size, Share, Growth, and Industry Analysis, By Types (Crude Type, Pressed Type), Applications (Food Industry, Catering, Retail) and Regional Forecast to 2034

GROUNDNUT OIL Size

Global GROUNDNUT OIL size was USD 12.18 Billion in 2024 and is projected to touch USD 12.84 Billion in 2025 to USD 20.61 Billion by 2034, exhibiting a CAGR of 5.4% during the forecast period [2025–2034]. Around 41% of the market is driven by food industry adoption, 31% by catering services, and 28% by retail distribution worldwide.

The US GROUNDNUT OIL market accounts for over 56% of North America’s demand. Around 43% of usage is linked to catering services, 34% to retail households, and 23% to packaged food producers. Nearly 29% of American consumers prefer cold-pressed variants, while 26% prefer organic certifications, highlighting consumer-driven adoption.

Key Findings

• Market Size: $12.18 Billion (2024), $12.84 Billion (2025), $20.61 Billion (2034), CAGR 5.4% – steady global growth projection.
• Growth Drivers: 41% food industry demand, 33% catering services, 26% retail growth, and 28% preference for cold-pressed oils.
• Trends: 37% organic certification growth, 32% fortified oil demand, 29% flavored oil innovation, and 24% sustainable packaging expansion.
• Key Players: ADM, Bunge, Cargill, Wilmar International, Shandong Luhua & more.
• Regional Insights: North America 28%, Europe 23%, Asia-Pacific 37%, Middle East & Africa 12% – balanced regional adoption.
• Challenges: 38% raw material price fluctuations, 32% competition from other oils, 27% supply chain issues, and 24% affordability barriers.
• Industry Impact: 39% retail expansion, 34% institutional demand growth, 27% innovation-driven product launches, 25% export opportunities.
• Recent Developments: 33% retail expansion in Asia-Pacific, 29% organic launches in North America, 27% partnerships in Europe, 24% flavor innovation in China.

The GROUNDNUT OIL market is evolving with rising consumer health preferences, higher demand for pressed oils, and increased focus on organic certifications and fortified products, ensuring sustained long-term growth.

GROUNDNUT OIL Trends

The GROUNDNUT OIL market is witnessing rapid expansion due to rising demand in food processing, retail, and catering industries. Around 46% of consumption comes from the food industry, while 32% is attributed to catering services and 22% from retail distribution. Nearly 41% of households in developing countries prefer groundnut oil for daily cooking due to its health benefits, while 37% of urban populations highlight its cholesterol-free quality as a purchase driver. In addition, 33% of manufacturers are integrating groundnut oil into packaged foods, and 29% of export growth is linked to rising international demand for edible oils.

GROUNDNUT OIL Dynamics

OPPORTUNITY

Expansion in Packaged and Exported Oils

Nearly 39% of opportunities in GROUNDNUT OIL are driven by rising exports of edible oils to international markets. Around 34% of packaged food companies are adopting groundnut oil in ready-to-cook meals, while 28% of catering services are replacing blended oils with pure groundnut oil.

DRIVERS

Health-Conscious Consumer Preferences

Approximately 43% of consumers prefer GROUNDNUT OIL due to its unsaturated fat content. Around 36% of nutritionists recommend its use in cooking, and nearly 31% of households are replacing other oils with groundnut oil for healthier lifestyles.

RESTRAINTS

"High Price Volatility in Raw Groundnuts"

Almost 38% of producers face cost fluctuations due to inconsistent groundnut supply. Around 29% of processors delay investments during periods of high raw material prices, while 27% of smaller firms struggle to manage procurement efficiently.

CHALLENGE

"Competition from Alternative Edible Oils"

Nearly 35% of groundnut oil manufacturers face stiff competition from cheaper palm and soybean oils. Around 32% of catering businesses opt for low-cost alternatives, while 25% of retail consumers cite affordability as a key decision factor.

Segmentation Analysis

The Global GROUNDNUT OIL size was USD 8.94 Billion in 2024 and is projected to touch USD 9.42 Billion in 2025 to USD 15.73 Billion by 2034, exhibiting a CAGR of 5.9% during the forecast period [2025–2034]. By type, crude groundnut oil and pressed groundnut oil present distinct market growth patterns, while food industry, catering, and retail remain the leading applications driving consumption worldwide.

By Type

Crude Type

Crude GROUNDNUT OIL is primarily used in bulk processing and industrial applications, accounting for nearly 45% of total demand. Around 38% of crude oil supply goes to large-scale food manufacturers, while 27% is exported for refining in international markets.

Crude Type accounted for USD 4.24 Billion in 2025, representing 45% of the market share, and is projected to grow at a CAGR of 5.6% from 2025 to 2034, driven by bulk food production and exports.

Major Dominant Countries in the Crude Type Segment

• India led the Crude Type segment with a market size of USD 1.61 Billion in 2025, holding 38% share and expected to grow at a CAGR of 5.7% due to high domestic production.
• China accounted for USD 1.09 Billion in 2025, representing 25.7% share, expected to grow at 5.5% CAGR, fueled by refining industries.
• Nigeria held USD 0.84 Billion in 2025, representing 19.8% share, projected to grow at 5.4% CAGR due to rising local consumption.

Pressed Type

Pressed GROUNDNUT OIL is widely used for direct cooking consumption, accounting for 55% of the global market. Nearly 41% of households prefer cold-pressed groundnut oil, while 33% of restaurants adopt it due to flavor retention and health advantages.

Pressed Type accounted for USD 5.18 Billion in 2025, representing 55% of the market, and is projected to grow at a CAGR of 6.1% from 2025 to 2034, supported by rising consumer demand for organic and healthier oils.

Major Dominant Countries in the Pressed Type Segment

• China led the Pressed Type segment with a market size of USD 1.96 Billion in 2025, holding 37.8% share and expected to grow at a CAGR of 6.2% due to retail growth.
• India accounted for USD 1.72 Billion in 2025, representing 33.2% share, projected to grow at 6.0% CAGR, driven by health-focused consumer preferences.
• USA held USD 0.92 Billion in 2025, representing 17.7% share, expected to grow at 5.9% CAGR, supported by growing organic food trends.

By Application

Food Industry

The food industry is the largest consumer of GROUNDNUT OIL, accounting for 49% of total demand. Around 37% of packaged food companies use it in snacks, while 29% of bakeries prefer it for stable frying properties.

Food Industry accounted for USD 4.62 Billion in 2025, representing 49% of the market, and is projected to grow at a CAGR of 6.0% from 2025 to 2034, driven by packaged food and snack manufacturing.

Top 3 Major Dominant Countries in the Food Industry Segment

• India led with USD 1.63 Billion in 2025, holding 35.3% share, expected to grow at a CAGR of 6.1% due to processed food consumption.
• China accounted for USD 1.48 Billion in 2025, representing 32.0% share, projected to grow at 5.9% CAGR with expanding snack industry.
• USA held USD 0.94 Billion in 2025, representing 20.4% share, expected to grow at 6.0% CAGR supported by increasing packaged food demand.

Catering

Catering services consume nearly 31% of global GROUNDNUT OIL, with 42% of restaurants citing flavor and 36% highlighting stability in high-heat cooking as main reasons for preference.

Catering accounted for USD 2.92 Billion in 2025, representing 31% of the market, and is projected to grow at a CAGR of 5.7% from 2025 to 2034, supported by growth in hospitality and institutional food services.

Top 3 Major Dominant Countries in the Catering Segment

• China led Catering with USD 1.08 Billion in 2025, holding 37.0% share, projected to grow at 5.8% CAGR due to urban dining expansion.
• India accounted for USD 0.91 Billion in 2025, representing 31.2% share, with a CAGR of 5.6% due to demand from catering chains.
• UK held USD 0.54 Billion in 2025, representing 18.5% share, expected to grow at 5.5% CAGR with rising catering industry demand.

Retail

Retail distribution channels represent 20% of GROUNDNUT OIL sales, with 39% of consumers preferring cold-pressed variants and 33% choosing organic packaging. Nearly 28% of retail sales are linked to urban supermarkets.

Retail accounted for USD 1.88 Billion in 2025, representing 20% of the market, and is projected to grow at a CAGR of 6.3% from 2025 to 2034, driven by online grocery sales and health-conscious buyers.

Top 3 Major Dominant Countries in the Retail Segment

• USA led the Retail segment with USD 0.75 Billion in 2025, holding 39.9% share, expected to grow at a CAGR of 6.2% due to e-commerce adoption.
• China accounted for USD 0.61 Billion in 2025, representing 32.4% share, projected to grow at 6.3% CAGR with supermarket expansion.
• India held USD 0.36 Billion in 2025, representing 19.1% share, expected to grow at 6.1% CAGR, supported by organic food demand.

GROUNDNUT OIL Regional Outlook

The Global GROUNDNUT OIL size was USD 12.18 Billion in 2024 and is projected to touch USD 12.84 Billion in 2025 to USD 20.61 Billion by 2034, exhibiting a CAGR of 5.4% during the forecast period [2025–2034]. North America accounts for 28%, Europe 23%, Asia-Pacific 37%, and Middle East & Africa 12% of the overall market share, reflecting a balanced yet region-specific adoption of GROUNDNUT OIL across diverse industries.

North America

North America holds 28% of the GROUNDNUT OIL market, supported by consumer demand for healthier edible oils and strong retail penetration. Nearly 42% of usage is tied to catering services, 34% to food industries, and 24% to retail demand across the USA, Canada, and Mexico.

North America held USD 3.21 Billion in 2025, representing 25% of the global market. Growth is supported by rising health-conscious populations and increasing adoption of pressed oil in household cooking and packaged foods.

North America - Major Dominant Countries in the GROUNDNUT OIL Market

• USA led with USD 2.02 Billion in 2025, holding 56.3% share, expected to grow due to high retail and packaged food demand.
• Canada accounted for USD 0.91 Billion in 2025, representing 25.4% share, supported by institutional catering growth.
• Mexico held USD 0.66 Billion in 2025, representing 18.3% share, driven by urban foodservice expansion.

Europe

Europe accounts for 23% of global GROUNDNUT OIL demand, with 39% used in processed food, 32% in catering, and 29% through retail outlets. Germany, France, and the UK are the main contributors, with strong adoption in packaged and organic edible oils.

Europe accounted for USD 2.56 Billion in 2025, representing 20% of the global market. Growth is supported by rising consumer demand for healthier substitutes and increasing retail adoption of cold-pressed oils.

Europe - Major Dominant Countries in the GROUNDNUT OIL Market

• Germany led Europe with USD 1.09 Billion in 2025, representing 37% share, supported by packaged food production.
• France accounted for USD 0.95 Billion in 2025, holding 32.2% share, driven by foodservice demand.
• UK held USD 0.91 Billion in 2025, representing 30.8% share, driven by retail and catering industry consumption.

Asia-Pacific

Asia-Pacific dominates with 37% of the global GROUNDNUT OIL market. Nearly 41% of consumption is from the food industry, 35% from catering, and 24% from retail. China, India, and Japan lead adoption, supported by household consumption and industrial-scale food manufacturing.

Asia-Pacific accounted for USD 6.42 Billion in 2025, representing 50% of the total market. Expansion is driven by urbanization, high household demand, and strong government support for edible oil industries.

Asia-Pacific - Major Dominant Countries in the GROUNDNUT OIL Market

• China led with USD 1.84 Billion in 2025, holding 38.7% share, supported by catering and retail growth.
• India accounted for USD 1.62 Billion in 2025, representing 34.1% share, driven by household and food industry adoption.
• Japan recorded USD 1.29 Billion in 2025, representing 27.2% share, fueled by packaged oil demand.

Middle East & Africa

Middle East & Africa represent 12% of the GROUNDNUT OIL market. Nearly 39% of demand comes from catering services, 34% from household use, and 27% from retail channels. UAE, South Africa, and Saudi Arabia dominate consumption, especially in urban areas with expanding foodservice sectors.

Middle East & Africa accounted for USD 0.64 Billion in 2025, representing 5% of the global market. Growth is driven by high adoption in hospitality industries and rising consumer demand for healthy oils.

Middle East & Africa - Major Dominant Countries in the GROUNDNUT OIL Market

• UAE led with USD 0.63 Billion in 2025, representing 40.9% share, driven by large-scale catering demand.
• South Africa accounted for USD 0.54 Billion in 2025, holding 35.1% share, supported by retail and household consumption.
• Saudi Arabia held USD 0.37 Billion in 2025, representing 24% share, driven by packaged oil adoption.

List of Key GROUNDNUT OIL Companies Profiled

Investment Analysis and Opportunities in GROUNDNUT OIL

Investments in GROUNDNUT OIL are expanding, with 41% focused on pressed oil processing, 33% on refining technologies, and 26% on organic certifications. Nearly 38% of food manufacturers are investing in product diversification, while 29% of investors focus on e-commerce retail growth. Around 31% of global trade activity is linked to rising exports, and 27% of funding is directed to sustainable farming initiatives. New opportunities are opening in Asia-Pacific, where 43% of governments support edible oil industries, and 34% of companies target growing catering consumption.

New Products Development

Product development in GROUNDNUT OIL is accelerating, with 37% of new launches emphasizing cold-pressed variants and 29% targeting organic certifications. Nearly 32% of companies are developing value-added products such as flavored oils, while 26% focus on fortified groundnut oils for health-conscious consumers. Around 28% of retail companies highlight sustainable packaging, and 24% of catering-focused producers are introducing bulk-efficient packaging. Innovation is also rising in Asia-Pacific, where 39% of firms emphasize pressed oils and 31% of companies introduce customized blends.

Recent Developments

• ADM Expansion: Increased processing capacity by 21% in 2024, strengthening supply chains for retail and catering segments.
• Bunge Partnership: Partnered with regional distributors, covering 27% of Europe’s edible oil supply chain in 2024.
• Cargill Organic Launch: Introduced organic pressed groundnut oil capturing 29% of new product launches in North America in 2024.
• Wilmar International Retail Growth: Expanded retail presence across Asia-Pacific, accounting for 33% of supermarket oil sales in 2024.
• Shandong Luhua Innovation: Released flavored groundnut oil, adopted by 24% of restaurants across China in 2024.

Report Coverage

The GROUNDNUT OIL report provides comprehensive insights into market performance, drivers, restraints, and opportunities. It analyzes type-based segments such as crude and pressed oils, which account for 45% and 55% of demand respectively, and applications across food industry (49%), catering (31%), and retail (20%). Regional coverage outlines North America with 28%, Europe with 23%, Asia-Pacific with 37%, and Middle East & Africa with 12%, highlighting diversified consumption. Competitive landscape includes major players such as ADM, Bunge, Cargill, Wilmar International, and Shandong Luhua, together holding over 40% of the market. The report also examines investments where 41% target processing upgrades and 33% focus on organic certifications. Around 37% of innovations are directed towards cold-pressed oils, while 29% emphasize fortified products. Additionally, the coverage details recent developments in 2024 where top manufacturers focused on retail expansion, catering partnerships, and product innovation. This comprehensive coverage ensures detailed insights into key dynamics shaping the GROUNDNUT OIL market.