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Category Alerts


Peanut industry in China to witness improvement during 2023

March 13, 2023
alert level: High

Georgia, USA's peanut production could increase to 700000 acres in 2023

February 06, 2023
alert level: Medium

Peanut prices drop for Australian farmers

September 08, 2022
alert level: Low

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Peanuts Industry Benchmarks

Savings Achieved

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The average annual savings achieved in Peanuts category is 5.30%

Payment Terms

(in days)

The industry average payment terms in Peanuts category for the current quarter is 75.6 days

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    Peanuts market report transcript

    Global Market Outlook on Peanuts

    • Global production of peanuts in 2021–2022 is estimated to reach 50.681 MMT

    • The global edible nuts market accounted for $88.8 billion in 2020 and is expected to reach around $103.1 billion by 2027, at a CAGR of around 2.2 percent between 2020 and 2027

    Peanuts Regional Analysis

    • The U.S. drives the global edible nuts market with majority stake in the export of high-volume, low-value nuts, such as peanuts and high-value, low-volume nuts, such as almonds, pistachios, etc.

    • Australia is the second largest destination for treenuts in the global market. In the recent years, the domestic output of major nuts, like macadamias, almonds, walnuts, chestnuts, pecans, pistachios, and hazelnuts increased by as much as 20 percent

    • The U.S. is also observed as the largest destination for edible nuts, as it imports more than 10–15 percent of high-value nuts, such as cashew nuts, hazelnuts, etc.

    • The EU demand for nuts and other natural products has been increasing with the increase in regulations against synthetic ingredients. The Middle East demand is primarily driven by cultural factors, like heritage of consuming nuts and demand increase during the festive season

    Peanuts Market Drivers and Constraints

    The major driving force of the edible nuts market is the increasing demand, due to its health & wellness factors, whereas, the major constraint would be the unpredictable weather in the producing regions.


    Rising health & wellness awareness

    • Increasing per capita consumption of various nuts is an indicator of the increasing demand

    • Significant promotions by the industry is also helping the consumers to understand the health benefits and various applications

    • Increasing disposable income and convenience factor also favor the industry growth

    Increasing application in the food and beverage industry

    • Increasing adherence toward traceability and food safety of the nuts sourced are encouraging, especially for the products sourced from developing countries

    • Sustainability and focus on carbon footprint are seen as the supply assurance strategies by consumers


    • Development of new varieties with high-yield potential and drought/disease/pest resistance are the key factors in the growth of the edible nuts market


    Climate change and weather volatility

    • Unpredictable weather and the evolving climate are the major factors that decide the supply availability each year, irrespective of the increasing demand

    Limitation on arable land

    • Rapid urbanization is restricting the availability of land for cultivation and various government policies, in terms of land utilization, are magnifying this trend

    High cost of production

    • The processing of nuts is a complex process, which influences the net cost of the products. Thereby, the high costs of nuts could prevail as an hindrance to the growth of global market

    Global Trade Dynamics : Peanuts

    • Argentina holds a share of 22 percent in global peanut exports, followed by India and the US. Increasing demand for nut-based snacks, nut butter, and protein-rich foods will continue to drive high demand for peanuts, globally, over the forecasted period.

    • Argentina (1000K tons) is a major exporter of almonds (22 percent). India (750K tons, 16 percent) ranks second, in terms of the total exports, followed by the US (567K tons, 12 percent), China (500K tons, 11 percent) and Senegal (500K tons, 11 percent)

    • Global exports and imports are projected to remain stable in 2022 on rising production levels in major producing regions. Global peanut trade could be affected by ongoing supply chain disruptions, such as container shortage and rising freight rates

    • The EU encourages consumption of nuts and other natural ingredients, whereas peanut oil is the highest consumed oil in Asian countries like China, Vietnam, Indonesia, etc.

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