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    Peanut Meal Market

    ID: MRFR/AGR/35003-HCR
    128 Pages
    Snehal Singh
    October 2025

    Peanut Meal Market Research Report By Application (Animal Feed, Food Products, Oil Extraction, Nutritional Supplements), By Product Type (High Protein Peanut Meal, Low Protein Peanut Meal, Peanut Meal Powder), By End Use (Livestock, Poultry, Aquaculture, Pet Food), By Form (Pellets, Meal, Flour) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035.

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    Peanut Meal Market Infographic
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    Peanut Meal Market Summary

    The Global Peanut Meal Market is projected to grow from 6.21 USD Billion in 2024 to 9.24 USD Billion by 2035.

    Key Market Trends & Highlights

    Peanut Meal Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 3.68 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 9.24 USD Billion, indicating robust growth potential.
    • in 2024, the market is valued at 6.21 USD Billion, reflecting a strong foundation for future expansion.
    • Growing adoption of plant-based protein sources due to increasing health consciousness is a major market driver.

    Market Size & Forecast

    2024 Market Size 6.21 (USD Billion)
    2035 Market Size 9.24 (USD Billion)
    CAGR (2025-2035) 3.68%

    Major Players

    Louis Dreyfus Company, Evergreen Oil, Cargill, American Vegetable Oils, Sankofa Foods, Agro Products and Agencies, Wilmar International, Archer Daniels Midland Company, Shree Renuka Sugars, Bunge Limited, GrainCorp, Jiangxi Yisen, Soya International, Olam International

    Peanut Meal Market Trends

    As consumers become more health-conscious, the nutritional advantages of peanut meal, rich in protein and essential amino acids, are gaining attention.

    Additionally, the expanding livestock sector and the growth of aquaculture are contributing to the rising demand for nutritious feed ingredients, placing peanut meal in a favorable position within the market. There are numerous opportunities to be captured within the  Peanut Meal Market.

    The growing trend of sustainability presents avenues for enhancing peanut meal production processes, making them more environmentally friendly. Innovations such as fortifying peanut meal with additional nutrients or developing specialty products for niche markets could also provide a competitive edge.

    Recent trends indicate a shift towards more sustainable and organic farming practices, impacting how peanut meal is produced and marketed. The rise of vegan and vegetarian diets is positioning peanut meals as an attractive alternative to animal-based proteins.

    There is also a growing interest in the functional properties of peanut meal, which can enhance food products and create value-added applications.

    These trends contribute to a dynamic and evolving market, encouraging stakeholders to adapt to changing consumer preferences and to explore new avenues for growth and development. Overall, the  Peanut Meal Market is poised for continued growth, driven by its nutritional profile and flexibility in diverse applications.

    The global peanut meal market appears to be experiencing a steady increase in demand, driven by its nutritional benefits and versatility in animal feed formulations.

    U.S. Department of Agriculture (USDA)

    Peanut Meal Market Drivers

    Market Growth Projections

    The Global Peanut Meal Market Industry is projected to experience substantial growth, with market value expected to reach 9.24 USD Billion by 2035. This growth trajectory suggests a compound annual growth rate (CAGR) of 3.68% from 2025 to 2035. Such projections indicate a robust demand for peanut meal across various sectors, including food, feed, and industrial applications. The anticipated increase in market value reflects the growing recognition of peanut meal as a versatile and nutritious ingredient. As the industry evolves, stakeholders are likely to explore new applications and markets, further driving the expansion of the Global Peanut Meal Market Industry.

    Expansion of Animal Feed Sector

    The Global Peanut Meal Market Industry benefits from the expansion of the animal feed sector, which increasingly incorporates peanut meal as a cost-effective protein source. The growing livestock industry, particularly in regions such as Asia and Latin America, drives the demand for high-quality feed ingredients. Peanut meal, with its favorable amino acid profile, is particularly valued in swine and poultry diets. This trend is expected to contribute to the market's growth, as the demand for peanut meal in animal feed is projected to rise, further solidifying its position within the Global Peanut Meal Market Industry. The anticipated growth in this sector aligns with the overall market value projected to reach 9.24 USD Billion by 2035.

    Emerging Markets and Economic Growth

    Emerging markets, particularly in Asia and Africa, present significant opportunities for the Global Peanut Meal Market Industry. Economic growth in these regions is driving increased consumption of protein-rich foods, including peanut meal. As disposable incomes rise, consumers are more inclined to purchase higher-quality food products, which include plant-based protein sources. This trend is further supported by government initiatives promoting sustainable agriculture and food security, which often highlight the benefits of incorporating peanut meal into diets. The Global Peanut Meal Market Industry is likely to capitalize on these developments, as the demand for peanut meal in emerging markets continues to expand.

    Rising Demand for Plant-Based Proteins

    The Global Peanut Meal Market Industry experiences a notable surge in demand for plant-based proteins, driven by increasing health consciousness among consumers. As more individuals adopt vegetarian and vegan diets, the preference for plant-derived protein sources, such as peanut meal, intensifies. This shift is reflected in the projected market value of 6.21 USD Billion in 2024, indicating a robust growth trajectory. Peanut meal, rich in protein and essential nutrients, serves as an attractive alternative to animal-based protein sources, appealing to a diverse consumer base. Consequently, the Global Peanut Meal Market Industry is likely to expand significantly, catering to this evolving dietary trend.

    Technological Advancements in Processing

    Technological advancements in processing methods significantly enhance the efficiency and quality of peanut meal production, positively impacting the Global Peanut Meal Market Industry. Innovations such as solvent extraction and mechanical pressing improve oil extraction rates and reduce production costs. These advancements not only increase the yield of peanut meal but also enhance its nutritional profile, making it more appealing to consumers and manufacturers alike. As processing technologies continue to evolve, the market is likely to witness increased competition and improved product offerings, which could further stimulate growth. The Global Peanut Meal Market Industry stands to benefit from these developments, as they align with the projected CAGR of 3.68% for the period from 2025 to 2035.

    Growing Awareness of Nutritional Benefits

    The Global Peanut Meal Market Industry is experiencing growth due to increasing awareness of the nutritional benefits associated with peanut meal. Rich in protein, fiber, and essential fatty acids, peanut meal is recognized for its potential health benefits, including improved heart health and weight management. As consumers become more informed about the advantages of incorporating peanut meal into their diets, the demand for this product is likely to rise. This trend is particularly evident in health-conscious markets, where peanut meal is increasingly used in various food products and supplements. The growing recognition of its nutritional value positions the Global Peanut Meal Market Industry for sustained growth in the coming years.

    Market Segment Insights

    Peanut Meal Market Segment Insights

    Peanut Meal Market Segment Insights

    Peanut Meal Market Application Insights

    Peanut Meal Market Application Insights

    The  Peanut Meal Market, particularly focusing on the Application segment, showcased a diverse range of utilizations that contribute to its overall valuation.

    Among these, Animal Feed emerged as the most prominent segment with a significant valuation of 2.7 USD billion, projected to reach 3.6 USD billion by 2032, demonstrating its majority holding in the  Peanut Meal Market revenue. This dominance was attributed to the high nutritional value of peanut meal, making it an appealing option for livestock feed, driving its demand in the agricultural sector.

    The Food Products segment also played a crucial role in the market, holding a value of 1.5 USD billion in 2023, which is anticipated to grow to 2.0 USD billion by 2032. This growth can be attributed to the rising consumer interest in plant-based protein sources, positioning peanut meal as a valued ingredient in various food products.

    Furthermore, the Oil Extraction application contributed to the market with a current valuation of 1.2 USD billion, expected to rise to 1.8 USD billion by 2032. This segment was influenced by the increasing demand for edible oils and the utilization of peanut meal in extracting oil, indicating its importance in the food industry.

    Peanut Meal Market Product Type Insights

    Peanut Meal Market Product Type Insights

    Within this market, the Product Type segment is divided into three key categories High Protein Peanut Meal, Low Protein Peanut Meal, and Peanut Meal Powder. High Protein Peanut Meal is recognized for its nutritional benefits and is increasingly popular in livestock feed, which constitutes a significant portion of market demand.

    Low Protein Peanut Meal, while more specialized, caters to specific dietary requirements in animal nutrition. Peanut Meal Powder is gaining traction in the food industry, particularly for its diverse applications in food formulations and health products.

    The Market Statistics indicate that these product types play a crucial role in catering to the varied needs of consumers, illustrating a clear segmentation in the  Peanut Meal Market that reflects both health-conscious trends and growing demands in the livestock sector.

    The segmentation of the  Peanut Meal Market showcases the diversity of products that fulfill nutritional demands, feeding into the overall market growth narrative.

    Peanut Meal Market End Use Insights

    Peanut Meal Market End Use Insights

    The segmentation reflects diverse applications, including livestock, poultry, aquaculture, and pet food, which play crucial roles in driving demand. Livestock feed is significant, as peanut meal offers a protein-rich option, supporting the growing livestock population. In poultry, the demand for nutritious feed continues to rise, with peanut meal being favored for its cost-effectiveness and nutritional value.

    Aquaculture is another vital segment where the incorporation of peanut meal enhances feed formulations for healthy aquatic life. Pet food is also increasingly relying on high-quality protein sources like peanut meals as consumers seek better nutrition for their pets.

    The overall market growth is propelled by the increasing awareness of the nutritional benefits of peanut meal across these end-use sectors.  Peanut Meal Market revenue is expected to grow steadily, with market dynamics favoring these applications while presenting opportunities for innovation and sustainability in production practices.

    As the market evolves, understanding the  Peanut Meal Market data, statistics, and trends within these segments is essential for stakeholders navigating this expanding industry.

    Peanut Meal Market Form Insights

    Peanut Meal Market Form Insights

    The  Peanut Meal Market demonstrated a growing interest across various forms, including Pellets, Meal, and Flour. The Form segment plays a vital role in the overall landscape, with each type catering to specific industrial and consumer needs.

    Meal form is particularly important as it is widely utilized in animal feed, enhancing nutritional value and promoting healthier growth among livestock. Pellets are gaining traction due to their ease of handling and distribution, providing efficient storage solutions for manufacturers.

    Flour, on the other hand, has significant applications in food products, drawing attention from the food processing industry for its health benefits and functional properties. Trends towards plant-based diets and the need for sustainable protein sources are driving the demand for these forms within the  Peanut Meal Market, revealing substantial growth opportunities.

    Market growth is supported by consumers seeking functional health benefits, and a rise in livestock feed quality standards enhancing market dynamics. Overall, the  Peanut Meal Market segmentation highlights vital opportunities for stakeholders invested in these forms and emphasizes their importance in food security and wellness.

    Get more detailed insights about Peanut Meal Market Research Report — Global Forecast till 2034

    Regional Insights

    The Regional analysis within the  Peanut Meal Market revealed a diverse marketplace with varying valuations and growth prospects across different regions. In 2023, North America held a valuation of 1.26 USD billion, while Europe followed closely at 1.14 USD billion.

    The Asia-Pacific (APAC) region emerged as a significant player with a valuation of 1.78 USD billion, reflecting its strong agricultural industry and high demand for peanut meal in various applications. South America generated 1.02 USD billion, demonstrating steady interest in peanut products, whereas the Middle East and Africa (MEA) was valued at 1.58 USD billion, showcasing its increasing market relevance.

    APAC dominates within this spectrum, driven by growing livestock and poultry sectors that utilize peanut meal as a protein source. North America and MEA also play vital roles due to their evolving dietary trends and sustainable practices in agriculture.

    Europe's lower yet competitive valuation indicates potential for growth as consumers become aware of the nutritional benefits of peanut meal. Collectively, these regions contribute notably to the  Peanut Meal Market revenue, reflecting a well-rounded market growth landscape influenced by regional demand and agricultural advancements.

    Peanut Meal Market Regional Insights

    Source Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Key Players and Competitive Insights

    The  Peanut Meal Market has been experiencing significant growth, driven by the increasing demand for plant-based proteins and the rising livestock population that utilizes peanut meal as an essential source of feed.

    The competitive landscape of this market is characterized by a mix of established players and emerging companies, all vying for market share through product innovation, strategic partnerships, and expansion into new geographical regions.

    Companies within this space are focusing on quality enhancement and sustainable practices to cater to the evolving preferences of consumers and businesses alike. The market's dynamics are influenced by factors such as raw material availability, pricing fluctuations, and the overall health trends favoring plant-derived protein sources.

    As a result, understanding the competitive insights within the  Peanut Meal Market becomes crucial for stakeholders looking to capitalize on growth opportunities. Louis Dreyfus Company has established a strong presence in the  Peanut Meal Market, leveraging its extensive network and expertise in agricultural commodities.

    With a reputation for high-quality products, the company has effectively positioned itself to meet the diverse needs of its customers, ranging from livestock feed manufacturers to food processors. Louis Dreyfus Company benefits from its  reach and operational efficiencies, enabling it to maintain a competitive edge in pricing and supply chain management.

    By focusing on sustainable sourcing and ensuring consistent product quality, the company has built lasting relationships with key customers in the market. Its commitment to innovation and responsiveness to market demands have allowed Louis Dreyfus Company to adapt quickly, strengthening its position amid competitive pressures.

    Evergreen Oil plays a vital role in the  Peanut Meal Market, particularly in offering high-quality peanut meal products that cater to both animal feed and food production sectors. The company's strengths lie in its specialized production processes and commitment to quality assurance, which ensures that clients receive nutritious and reliable peanut meals.

    Evergreen Oil's expertise in refining and processing enables it to produce a consistent product that meets stringent international standards. Additionally, the company's strategic focus on customer service and relationship management enhances its ability to retain customers and gain market share.

    With a focus on sustainability and innovation, Evergreen Oil continues to differentiate itself in the market, meeting the rising demand for plant-based protein solutions across various applications.

    Key Companies in the Peanut Meal Market market include

    Industry Developments

    The  Peanut Meal Market has witnessed significant developments recently, driven by increasing demand for sustainable and plant-based protein sources in animal feed and food industries. Major players like Cargill, Archer Daniels Midland Company, and Wilmar International are focusing on expanding their production capacities and enhancing distribution networks to meet this rising demand.

    Companies such as Louis Dreyfus Company and Olam International are investing in technological advancements to improve extraction processes, thus leading to higher yields of peanut meal. Recent acquisitions have also shaped the market landscape, with Bunge Limited expanding its footprint through a strategic merger with a smaller regional company to diversify its product offerings.

    Meanwhile, growth in market valuation is apparent, particularly for American Vegetable Oils and Shree Renuka Sugars, as they report increased sales attributed to higher dietary shifts towards peanut-based products.

    This vibrant market growth is reflected not only in the expansion efforts of key players but also in ongoing innovations and strategic partnerships that further propel the industry toward greater efficiency and sustainability.

    Future Outlook

    Peanut Meal Market Future Outlook

    The Global Peanut Meal Market is projected to grow at a 3.68% CAGR from 2025 to 2035, driven by rising demand in animal feed and food industries.

    New opportunities lie in:

    • Develop fortified peanut meal products targeting health-conscious consumers.
    • Expand distribution channels in emerging markets to capture new customer segments.
    • Invest in sustainable production methods to enhance brand reputation and attract eco-conscious buyers.

    By 2035, the market is expected to achieve robust growth, reflecting evolving consumer preferences and industry innovations.

    Market Segmentation

    Peanut Meal Market Form Outlook

    • Pellets
    • Meal
    • Flour

    Peanut Meal Market End Use Outlook

    • Livestock
    • Poultry
    • Aquaculture
    • Pet Food

    Peanut Meal Market Regional Outlook

    • North America
    • Europe
    • South America
    • Asia Pacific
    • Middle East and Africa

    Peanut Meal Market Application Outlook

    • Animal Feed
    • Food Products
    • Oil Extraction
    • Nutritional Supplements

    Peanut Meal Market Product Type Outlook

    • High Protein Peanut Meal
    • Low Protein Peanut Meal
    • Peanut Meal Powder

    Report Scope

    Report Attribute/Metric Details
    Market Size 2024  6.21 (USD billion)
    Market Size 2025  6.44 (USD billion)
    Market Size 2035 9.24 (USD billion)
    Compound Annual Growth Rate (CAGR) 3.68% (2025 - 2035)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2023
    Market Forecast Units USD billion
    Key Companies Profiled Louis Dreyfus Company, Evergreen Oil, Cargill, American Vegetable Oils, Sankofa Foods, Agro Products and Agencies, Wilmar International, Archer Daniels Midland Company, Shree Renuka Sugars, Bunge Limited, GrainCorp, Jiangxi Yisen, Soya International, Olam International
    Segments Covered Application, Product Type, End Use, Form, Regional
    Key Market Opportunities Rising demand for animal feed, Expansion in plant-based protein, Growth in health food products, Increasing use in biofuels, Development of export markets
    Key Market Dynamics increasing animal feed demand, rising health consciousness, fluctuating raw material prices, expanding vegan protein sources, growing export opportunities
    Countries Covered North America, Europe, APAC, South America, MEA

    FAQs

    What is the projected market size of the Peanut Meal Market in 2034?

    The Peanut Meal Market is projected to be valued at 8.91 USD billion in 2034.

    What is the expected CAGR for the Peanut Meal Market from 2025 to 2034?

    The expected CAGR for the Peanut Meal Market from 2025 to 2034 is 3.7%.

    Which application segment of the Peanut Meal Market is projected to have the highest value in 2034?

    The Animal Feed segment is projected to have the highest value at 3.6 USD billion in 2034.

    What is the market size of the Peanut Meal Market in North America for 2034?

    The market size in North America is projected to reach 1.73 USD billion in 2034.

    Which major players are leading in the Peanut Meal Market?

    Major players include Louis Dreyfus Company, Cargill, Archer Daniels Midland Company, and Wilmar International.

    What is the expected market size for the Oil Extraction application in the Peanut Meal Market by 2034?

    The Oil Extraction application is expected to reach 1.8 USD billion by 2034.

    How much was the Peanut Meal Market valued in the MEA region in 2023?

    In 2023, the MEA region was valued at 1.58 USD billion.

    What is the projected market value for Food Products in the Peanut Meal Market by 2034?

    The Food Products segment is projected to be valued at 2.0 USD billion in 2034.

    What growth opportunities exist in the Peanut Meal Market from 2025 to 2034?

    There are growth opportunities driven by increasing demand for animal feed and nutritional products.

    How is the Peanut Meal Market expected to perform in the APAC region by 2034?

    The APAC region is expected to achieve a market size of 2.15 USD billion by 2034.

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