Groundnut Oil Market Size, Share and Forecast Trends - Growth Analysis and Outlook Report 2026-2030

Groundnut oil occupies a significant position within the global edible oils sector, with production and consumption heavily concentrated in Asia-Pacific, Africa, and North America. The market encompasses both refined and unrefined variants, with the refined segment holding a larger share due to its longer shelf life and suitability for high-temperature cooking. Global trade volumes are expected to approach 5.6 million tons by 2035, reflecting sustained demand across household, industrial, and foodservice channels.

• •Market valued at approximately $11.3 billion in 2025, with projections to reach $14.5 billion by 2030 at a 5.3% CAGR
• •Two primary product types: refined oil (dominant for cooking and industrial use) and unrefined/cold-pressed oil (preferred for natural and premium applications)
• •Asia accounts for the largest production and consumption base, led by India and China

Health-conscious consumer trends are a primary catalyst, as groundnut oil is perceived as a heart-healthy option rich in monounsaturated fats and vitamin E. Rising disposable incomes in emerging economies, particularly in India, Southeast Asia, and Sub-Saharan Africa, are expanding household consumption of premium edible oils. Additionally, the food processing industry's growing use of groundnut oil in snacks, fried foods, and packaged meals is fueling bulk demand.

• •Increasing awareness of cardiovascular health benefits associated with monounsaturated fats found in groundnut oil
• •Population growth and urbanization in developing markets boosting per capita edible oil consumption
• •Expansion of the foodservice and packaged food industries driving industrial-scale procurement

By product type, the market is divided into refined and cold-pressed or unrefined segments, with refined oil commanding the majority share due to its stability and versatility in cooking. Geographically, Asia-Pacific dominates production and consumption, with India, China, and Indonesia as key markets, while Africa, particularly Nigeria and Sudan, is a major producer and exporter. North America and Europe represent smaller but growing markets, driven by demand for specialty and organic peanut oils.

• •Refined groundnut oil leads the market due to extended shelf life and suitability for high-heat cooking applications
• •Asia-Pacific accounts for over 60% of global consumption, with India as the single largest market
• •Africa is a significant producer region, with countries like Nigeria, Senegal, and Sudan supplying both domestic and export markets

What are the recent trends and outlook?

The market is expected to maintain steady growth through 2035, with volume reaching approximately 5.6 million tons and value approaching $13 billion, supported by consistent demand from food, cosmetic, and personal care industries. Cold-pressed and organic variants are gaining traction among premium consumers, while manufacturers are investing in sustainable sourcing and traceability to meet regulatory and consumer expectations. Price volatility in peanut crops and fluctuating crude oil markets remain key risks, but long-term fundamentals remain positive given population growth and shifting dietary preferences toward plant-based oils.

• •Cold-pressed, organic, and virgin groundnut oils are emerging as high-margin segments driven by premiumization trends
• •Sustainability certifications and transparent supply chains are becoming competitive differentiators for major brands
• •Asia and Africa will continue to anchor global production, while Western markets focus on specialty and health-oriented product offerings