Ground-Nut Oil Market Growth, Top Players, and Forecast by 2031

MARKET INTRODUCTION

Ground-Nut Oil is also referred to as Arachis oil, which is extracted from groundnuts. The product also possesses a strong groundnut aroma and is similar to sesame oil. Groundnuts are legumes and are the staple food of Latin America and many of the tropical countries. They are used in many Asian cuisines. Ground-Nut Oil is used for cooking purposes as well as to improve the food flavor.

MARKET DYNAMICS

Beneficial functional features of the ground-nut oil are likely to bolster the growth of the Ground-Nut oil market in the years ahead. Moreover, the product is used for deep-frying as it does not absorb the food product flavor. Apart from this, ground-nut oil comprises a low amount of cholesterol, saturated fats, and trans-fats. Hence, it has gained popularity across the globe due to its numerous health benefits. Moreover, the nutty flavor of the product has made its application more prominent as a flavoring agent. All these factors mentioned above are likely to steer the ground-nut oil industry's growth in the ensuing years. However, fluctuation in the product's costs due to variations in the groundnuts' demand & supply is likely to hamper the market's growth in the foreseeable future.

MARKET SCOPE

The "Global Ground-Nut Oil Market Analysis to 2031" is a specialized and in-depth study of the food and beverage industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the ground-nut oil market with detailed market segmentation by type and end-user industry. The global ground-nut oil market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading ground-nut oil market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global ground-nut oil market is segmented into type and end-user industry. By type, the ground-nut oil market is classified into Unrefined, Refined. By end-user industry, the ground-nut oil market is classified into Personal Care Products, Pharmaceutical, Food.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global ground-nut oil market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The ground-nut oil market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the ground-nut oil market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the ground-nut oil market in these regions.

MARKET PLAYERS

The report covers vital developments in the ground-nut oil market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the ground-nut oil market are anticipated to lucrative growth opportunities in the future with the rising demand for ground-nut oil in the global market. Below mentioned is the list of few companies engaged in the ground-nut oil market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the ground-nut oil market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.

•   Archer Daniels Midland
  
•   Cargill, Incorporated
  
•   Wilmar International Ltd
  
•   Olam International
  
•   Ventura Foods
  
•   Amanah Oil
  
•   Henan Sunshine Group Corporation
  
•   Corbion
  
•   Shandong Bohi Industry
  
•   Yihai Kerry
  
  
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Ground-Nut Oil Report Scope