Peanuts Market Size and Share

Peanuts Market (2025 - 2030)
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Peanuts Market Analysis by Mordor Intelligence

The peanut market was valued at USD 81 billion in 2025 and estimated to grow from USD 84.29 billion in 2026 to reach USD 102.84 billion by 2031, at a CAGR of 4.06% during the forecast period (2026-2031). This stable expansion reflects resilient supply chains, innovations in processing, and the steady pivot toward plant-based proteins that position the peanut market for continued growth. Large-scale processing upgrades, blockchain-enabled traceability, and shell-upcycling projects are broadening end-use applications while helping producers defend margins against climate-driven cost pressures. Asia-Pacific maintains the strongest demand pull, South Africa delivers the sharpest regional acceleration, and sustained U.S. yield improvements anchor global export capacity. Competitive intensity remains moderate because no single supplier dominates every geography, enabling both multinationals and mid-tier processors to differentiate through sustainability credentials, flavor innovation, and specialty ingredients.

Key Report Takeaways

  • By geography, Asia-Pacific led with 52.18% of the peanut market share in 2025, and Africa is projected to post a 6.35% CAGR through 2031.

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.

Geography Analysis

Asia-Pacific commands 52.18% of the peanut market share in 2025 on an annual production of 19,000 thousand metric tons, anchored by China at 36% global output. India’s 7,100 thousand metric tons crop secures second place while urbanizing Southeast Asia scales snack-nut demand. Consumption growth inside China tightens export surpluses, occasionally firming global prices, while equipment modernization spreads unevenly across producer nations.

Africa and the Middle East deliver mixed patterns. Africa registers the fastest regional rise at 6.35% CAGR to 2031, aided by disease-resistant cultivars and new irrigation schemes. Turkey and Saudi Arabia grow import demand, though foreign-exchange swings and political tension can disrupt shipping timelines. The implementation of deforestation-free rules will reward certified suppliers, potentially redirecting flows away from low-compliance origins. Germany and France favor peanut butter and confectionery usage, while the United Kingdom sustains premium snack selections despite static volumes.

The United States exports a stable 25% of crop volume to Mexico, Canada, Europe, China, and Japan. Georgia’s 53% share of national production offers shipping engagement but heightens regional weather risk. Canada and Mexico supplement supply while expanding roasted and confectionery categories. South America shows the fastest multi-country expansion, led by Argentina’s dominance in raw-nut exports and Brazil’s projected record crop of 832,300 metric tons, up 40.6%. Córdoba’s cluster model integrates growers with crushers and port logistics, enhancing competitive landed costs. Chile remains a primary regional buyer, whereas Brazil bolsters domestic processing to serve snack and confectionery segments.

Peanuts Market CAGR (%), Growth Rate by Region
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Recent Industry Developments

  • July 2024: ADM and Smucker launched a regenerative-agriculture initiative across U.S. peanut farms focusing on soil-carbon accrual and fertilizer optimization.
  • June 2024: The Hershey Company, under its brand Reese, launched the jumbo peanut butter cups. The cups contain iconic Reese's peanut butter with a good amount of chocolate. This innovation provides sweet, filling satisfaction to those looking for a no-sharing option.

Table of Contents for Peanuts Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising demand for plant-based proteins
    • 4.2.2 Growth of peanut-based snacking formats
    • 4.2.3 Expansion of peanut processing capacity
    • 4.2.4 Clean-label shift boosting peanut flour uptake
    • 4.2.5 Blockchain-enabled origin tracing raising export premiums
    • 4.2.6 Upcycling peanut shells into bioplastics
  • 4.3 Market Restraints
    • 4.3.1 Climate-induced yield volatility
    • 4.3.2 Food-safety recalls (aflatoxin)
    • 4.3.3 EU deforestation-free import rules tightening
    • 4.3.4 Emerging allergy-labeling mandates in developing markets
  • 4.4 Regulatory Landscape
  • 4.5 Technological Outlook
  • 4.6 Value/Supply-Chain Analysis
  • 4.7 PESTEL Analysis

5. Market Size and Growth Forecasts

  • 5.1 By Geography (Production Analysis (Volume), Consumption Analysis (Volume and Value), Import Analysis (Volume and Value), Export Analysis (Volume and Value), and Price Trend Analysis)
    • 5.1.1 North America
    • 5.1.1.1 United States
    • 5.1.1.2 Canada
    • 5.1.1.3 Mexico
    • 5.1.2 South America
    • 5.1.2.1 Brazil
    • 5.1.2.2 Argentina
    • 5.1.2.3 Chile
    • 5.1.3 Europe
    • 5.1.3.1 Germany
    • 5.1.3.2 France
    • 5.1.3.3 Italy
    • 5.1.3.4 United Kingdom
    • 5.1.4 Asia-Pacific
    • 5.1.4.1 China
    • 5.1.4.2 India
    • 5.1.4.3 Japan
    • 5.1.4.4 Australia
    • 5.1.5 Middle East
    • 5.1.5.1 Turkey
    • 5.1.5.2 Saudi Arabia
    • 5.1.6 Africa
    • 5.1.6.1 South Africa
    • 5.1.6.2 Kenya
    • 5.1.6.3 Egypt

6. Competitive Landscape

  • 6.1 List of Stakeholders
    • 6.1.1 Olam Group
    • 6.1.2 Cargill, Incorporated
    • 6.1.3 ADM
    • 6.1.4 Wilmar International Limited
    • 6.1.5 Birdsong Peanuts
    • 6.1.6 Shree Padm Agri Brokers
    • 6.1.7 Qingdao Changshou Food Co., Ltd.
    • 6.1.8 Shandong Jinfeng Group
    • 6.1.9 The Kraft Heinz Company
    • 6.1.10 Hormel Foods Corporation

7. Market Opportunities and Future Outlook

Global Peanuts Market Report Scope

Peanuts are oval-shaped nuts commercially distributed as pulses and oilseeds. They are widely used in the food and beverage industry as oil, flour, snacks, and peanut butter. The peanuts market includes a Production Analysis (Volume), Consumption Analysis (Value and Volume), Import Analysis (Value and Volume), Export Analysis (Value and Volume), and Price Trend Analysis. The market is also segmented by Geography (North America, Europe, Asia-Pacific, South America, and Africa). The report offers the market sizes and forecasts in terms of Volume (metric tons) and Value (USD) for all the above segments.

By Geography (Production Analysis (Volume), Consumption Analysis (Volume and Value), Import Analysis (Volume and Value), Export Analysis (Volume and Value), and Price Trend Analysis)
North AmericaUnited States
Canada
Mexico
South AmericaBrazil
Argentina
Chile
EuropeGermany
France
Italy
United Kingdom
Asia-PacificChina
India
Japan
Australia
Middle EastTurkey
Saudi Arabia
AfricaSouth Africa
Kenya
Egypt
By Geography (Production Analysis (Volume), Consumption Analysis (Volume and Value), Import Analysis (Volume and Value), Export Analysis (Volume and Value), and Price Trend Analysis)North AmericaUnited States
Canada
Mexico
South AmericaBrazil
Argentina
Chile
EuropeGermany
France
Italy
United Kingdom
Asia-PacificChina
India
Japan
Australia
Middle EastTurkey
Saudi Arabia
AfricaSouth Africa
Kenya
Egypt

Key Questions Answered in the Report

How big is the global peanut market in 2026?

The peanut market size reached USD 84.29 billion in 2026 and is projected to climb to USD 102.84 billion by 2031.

Which region accounts for the largest share of peanut demand?

Asia-Pacific leads with 52.18% of global market share, driven largely by China and India.

What growth rate is forecast for the South African peanut sector?

South Africa is projected to register a 6.35% CAGR through 2031 as new cultivars and processing upgrades take hold.

What are the main threats to peanut supply stability?

Key risks include climate-induced yield volatility, aflatoxin-related recalls, tighter EU deforestation regulations, and emerging allergy-label mandates.

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