Peanuts Market Size and Share
Peanuts Market Analysis by Mordor Intelligence
The global peanut market size stood at USD 81 billion in 2025 and is forecast to reach USD 98.02 billion by 2030, advancing at a 4.1% CAGR during the period. 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 52.60% of the peanut market share in 2024, and Africa is projected to post a 6.40% CAGR through 2030.
Global Peanuts Market Trends and Insights
Drivers Impact Analysis
Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
---|---|---|---|
Rising demand for plant-based proteins | +1.2% | Global, with a concentration in North America and Europe | Medium term (2-4 years) |
Growth of peanut-based snacking formats | +0.8% | North America, Europe, and Asia-Pacific urban centers | Short term (≤ 2 years) |
Expansion of peanut processing capacity | +0.6% | Global, led by United States, China, and emerging markets | Long term (≥ 4 years) |
Clean-label shift boosting peanut flour uptake | +0.5% | North America and Europe primarily | Medium term (2-4 years) |
Blockchain-enabled origin tracing raising export premiums | +0.3% | Export-oriented regions: Argentina, United States, and India | Long term (≥ 4 years) |
Upcycling peanut shells into bioplastics | +0.2% | Industrial regions with waste management focus | Long term (≥ 4 years) |
Source: Mordor Intelligence |
Rising Demand for Plant-Based Proteins
Peanut flour delivers 35–55% protein plus 15% dietary fiber, giving manufacturers a clean-label ingredient suited for gluten-free foods and fortified beverages. Institutional research indicates feed formulations could absorb 700,000 metric tons annually, adding USD 437 million to producer sales while enriching eggs with unsaturated fats and beta-carotene. As flexitarian diets expand across Western economies, manufacturers are integrating peanut proteins into cereals, meal-replacement shakes, and sports nutrition lines, reinforcing a steady demand base for the peanut market.
Growth of Peanut-Based Snacking Formats
Retail sales of snack nuts hit USD 5.2 billion in 2024, even as volumes slipped 2.9%, signaling clear consumer willingness to pay premiums for flavor innovations and sustainable sourcing. Flavored peanuts, nutrition-rich trail mixes, and single-serve packs line convenience stores, positioning the peanut market to capture on-the-go spending despite inflationary pressure. KP Snacks’ acquisition of Whole Earth underlines the push to revitalize the stalled nut-butter category, maintaining 43% household penetration in the United Kingdom. Similar portfolio moves are anticipated across continental Europe, where premium spreads and coated nut innovations are climbing shelf space.
Expansion of Peanut Processing Capacity
Mechanized shelling, optical sorting, and socialized service programs are lifting product consistency and output rates, closing the technology gap between U.S. and Chinese facilities. The USD 42 million Santee shelling expansion improves domestic throughput and export readiness for U.S. suppliers. In therapeutic foods, Mother Administered Nutritive Aid (MANA) Nutrition’s USD 36 million capacity boost aims to reach 3 million malnourished children annually while leveraging Georgia’s 53% share of U.S. production.
Clean-Label Shift Boosting Peanut Flour Uptake
Global nutrition policies now mandate nutrient declarations in 95 countries, pushing producers toward recognizable ingredient lists. Peanut flour enhances protein counts in baked goods and shakes without synthetic additives, meeting clean-label thresholds while imparting distinctive roasted notes[1]Source: Tiefenbacher, Karl F., “Peanut Flour – an overview,” sciencedirect.com. Scientific research optimizes roasting profiles to balance antioxidant retention with texture performance, enabling bakers to swap refined flours for nutrient-dense alternatives at incorporation levels that preserve crumb structure. Transparent sourcing initiatives tie into blockchain tracing, giving the peanut market an edge among wellness-oriented shoppers.
Restraints Impact Analysis
Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
---|---|---|---|
Climate-induced yield volatility | -1.5% | Global, with a severe impact in subtropical regions | Long term (≥ 4 years) |
Food-safety recalls (aflatoxin) | -0.8% | Global, particularly affecting export markets | Short term (≤ 2 years) |
EU deforestation-free import rules tightening | -0.4% | Export-oriented regions targeting Europe markets | Medium term (2-4 years) |
Emerging allergy-labeling mandates in developing markets | -0.3% | Developing markets with expanding food safety regulations | Medium term (2-4 years) |
Source: Mordor Intelligence |
Climate-Induced Yield Volatility
Modeling projects 20% yield losses for peanuts by 2100 under high-emission scenarios, with drought-prone belts in the U.S. Southeast already costing USD 50 million annually[2]Source: Ruane, Alex C. et al., “Carbon–Temperature–Water Change Analysis for Peanut Production under Climate Change,” nature.com. Genomics-assisted breeding delivers drought-tolerant lines, yet commercialization windows stretch beyond immediate needs, keeping supply tight during prolonged heatwaves. Senegalese trials reveal CO₂-fertilization could raise yields 19% in specific microclimates, highlighting heterogeneity that complicates global sourcing strategies. The development of high-throughput phenotyping methods is accelerating the breeding of stress-tolerant cultivars, though commercialization requires substantial investment and regulatory approval processes.
Food-Safety Recalls (Aflatoxin)
Aflatoxin alerts account for over half of EU mycotoxin border notifications, with 29% tied to Chinese shipments. Coles’ nationwide recall in Australia and Fortune Foods’ penalties of USD 1,800–USD 6 million in Taiwan during 2025 underscore commercial risk. AI-based hyperspectral imaging trials slash inspection times but remain capital-intensive for small processors. Innovative detection technologies using AI-based hyperspectral imaging and machine learning are emerging as solutions for rapid, non-destructive testing, though implementation costs remain prohibitive for smaller operations. Nanotechnology approaches for aflatoxin management show promise in research settings, but commercial deployment faces regulatory hurdles and scalability challenges.
Geography Analysis
Asia-Pacific commands 52.60% of the peanut market share in 2024 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 6.40% CAGR to 2030, aided by disease-resistant cultivars and new irrigation schemes[3]Source: Kriel, Glenneis, “Peanuts – South Africa,” southafrica.co.za. 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.
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.
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 America | United States |
Canada | ||
Mexico | ||
South America | Brazil | |
Argentina | ||
Chile | ||
Europe | Germany | |
France | ||
Italy | ||
United Kingdom | ||
Asia-Pacific | China | |
India | ||
Japan | ||
Australia | ||
Middle East | Turkey | |
Saudi Arabia | ||
Africa | South Africa | |
Kenya | ||
Egypt |
North America | United States |
Canada | |
Mexico | |
South America | Brazil |
Argentina | |
Chile | |
Europe | Germany |
France | |
Italy | |
United Kingdom | |
Asia-Pacific | China |
India | |
Japan | |
Australia | |
Middle East | Turkey |
Saudi Arabia | |
Africa | South Africa |
Kenya | |
Egypt |
Key Questions Answered in the Report
How big is the global peanut market in 2025?
The peanut market size reached USD 81 billion in 2025 and is projected to climb to USD 98.2 billion by 2030.
Which region accounts for the largest share of peanut demand?
Asia-Pacific leads with 52.60% 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 6.40% CAGR through 2030 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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