Global Perspectives on Peanut Meal Market: Trends and Forecast (2024 - 2031)

The "Peanut Meal Market" has grown significantly as a result of several important causes. Growing customer demand brought about by changing tastes and lifestyles has played a significant role.

Peanut Meal Market Report Outline, Market Statistics, and Growth Opportunities

**Market Research Report: Peanut Meal Market**

As of 2023, the global peanut meal market demonstrates robust growth, driven by increasing demand for plant-based protein sources in animal feed and human food applications. The market is valued at approximately $XX billion, with a projected growth rate of % CAGR from 2024 to 2031, anticipating a value surpassing $XX billion by 2031.

Current trends indicate a significant rise in plant-based diets and an emphasis on sustainable agriculture, further enhancing the demand for peanut meal. Technological advancements in processing methods bolster the efficiency and nutritional value of peanut meal, making it a preferred choice among livestock producers and food manufacturers.

Regulatory factors, including stricter animal feed regulations and food safety standards, are shaping the market landscape. Compliance with these regulations is essential for market participants to maintain competitive advantage and ensure product quality.

Overall, the peanut meal market is positioned for substantial growth, buoyed by consumer trends towards sustainability and health, alongside innovations that improve processing and application. Stakeholders are encouraged to adapt to these shifts to capitalize on emerging opportunities in this dynamic sector.

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Companies Covered: Peanut Meal Market

• Luhua
• Yihaikerry
• Cofco
• Chia Tai Group
• Cargill
• Longda
• Jiusan Group
• Wilmar International
• Xiwang Foodstuffs
• Aiju
• Nwdf
• Hbgo
• Bunge
• Bgg
• Sinograin
• Sanxing Group
• Herun Group
• Adm
• Lam Soon
• Yingma
• Jinsheng Group
• Changsheng Group

The Peanut Meal Market is experiencing substantial growth driven by increasing demand for plant-based protein sources and animal feed. Key players in this market include:

- Luhua: Specializes in edible oils and meal production with focus on innovation in refining processes.

- Yihaikerry: Known for high-quality peanut products, investing in sustainable farming practices.

- Cofco: A major state-owned enterprise with expansive distribution networks, involved in grain and oil processing.

- Chia Tai Group: Offers diversified agribusiness services, emphasizing high-yield seed production.

- Cargill: A global leader in agricultural supply chains, known for its innovations in sustainability.

- Longda: Focuses on nutritional products, providing high protein content in peanut meals.

- Jiusan Group: Engages in seed breeding and oil extraction; notable for community support initiatives.

- Wilmar International: A key player in agribusiness with extensive supply chains across Asia and beyond.

- Xiwang Foodstuffs: Known for diversified agri-food production and investments in R&D.

- Others include Aiju, Nwdf, Hbgo, Bunge, Bgg, Sinograin, Sanxing Group, Herun Group, Adm, Lam Soon, Yingma, Jinsheng Group, and Changsheng Group, each contributing through innovation, robust supply chains, and regional market expertise.

Market leaders include Cofco, Cargill, and Wilmar, while newer entrants like Aiju and Yingma are gaining traction. These companies can support market expansion through innovative processing techniques, sustainable practices, and enhanced distribution networks.

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Country-level Intelligence Analysis 

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

The Peanut Meal Market is poised for significant growth, with Asia-Pacific leading due to rising demand in China and India, driven by the livestock and aquaculture sectors. North America, particularly the United States, is expected to maintain a strong presence, with a projected market share of around 25%. Europe, especially Germany and the ., is anticipated to account for approximately 20% of the market, supported by increasing awareness of plant-based proteins. Latin America, led by Brazil and Argentina, will also contribute notably. Advancements in processing technology and an upward trend in sustainable feed options are key drivers of this growth.

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What is the Future Outlook of Peanut Meal Market?

The peanut meal market is currently experiencing steady demand due to its high protein content and use in animal feed, particularly in the livestock sector. Rising interest in plant-based proteins is further driving market growth. As sustainability becomes a priority, peanut meal is gaining attention for its environmental benefits compared to other feed sources. The future outlook remains positive, with expected growth fueled by increasing food production needs and a shift towards more sustainable agricultural practices. Innovations in processing and product applications could enhance market potential, making peanut meal a key player in the evolving protein market landscape.

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Market Segmentation 2024  - 2031

In terms of Type (Primary Meal,Secondary Meal) the Peanut Meal market is segmented into:

• Primary Meal
• Secondary Meal

In terms of Application (Feed,Sauce,Protein Beverage,Fermented Foods,Enriched Food), the Peanut Meal market is segmented into:

• Feed
• Sauce
• Protein Beverage
• Fermented Foods
• Enriched Food

Research Methodology in Peanut Meal Market Research Report:

• The research methodology employed in Peanut Meal market research report is crucial in ensuring the reliability and accuracy of the findings.


• Extensive primary and secondary research is conducted to gather relevant data and insights. Primary research involves interviews, surveys, and focus groups with industry experts, consumers, and key stakeholders.


• Secondary research involves the collection and analysis of existing data from reputable sources such as industry reports, government publications, and academic journals.


• Quantitative research techniques are used to gather numerical data, such as market size, revenue, and growth rates. This includes surveys and data analysis using statistical tools.


• Qualitative research techniques are employed to gain a deeper understanding of consumer behavior, market trends, and preferences. This includes interviews and analysis of open-ended survey responses.


• The research methodology also includes data validation and verification processes to ensure the accuracy and reliability of the collected data.

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