Peanuts Market Report has newly added to its massive repository. Different industry-specific methods have been used for analyzing the market carefully. The informative data has been inspected through primary and secondary research techniques. The global Peanuts market has been analyzed by focusing on different verticals of the businesses such as market trends, regional outlook, competitive landscape, key players, business approaches, technologies, and standard operating procedures.
The global Peanuts market is valued at 46860 million US$ in 2020 is expected to reach 55810 million US$ by the end of 2026, growing at a CAGR of 2.5% during 2021-2026.
The major key players covered in this report: China, India, Nigeria, United States, Sudan, Tanzania, Argentina, Myanmar, Chad, Senegal, Indonesia, Cameroon, Mali, Vietnam, and Ghana.
Make an inquiry for purchasing this report:
The global production of peanuts is probably more than 100, the most common in Asia, followed by Africa. But the state is not too much for commodity production, the major producers in China and India, the largest area under cultivation.
From a global perspective, the overall upward trend of peanut production in the past four years (2012-2016) global peanut production increased from 41311 K tons to 45032 K tons.
Currently, China, India, and Nigeria are the world’s three major peanut-producing countries. The planting area and output have maintained a leading position. In addition, in the United States and Argentina as traditional peanut-producing countries, peanut output has increased greatly. Argentina is the only top-four peanut one not having a relevant domestic market. About 70% of its production is for export. Now it has exceeded the other rivals to be the largest exporter.
Peanuts are a high nutritional value of protein in plants. With the US, Europe, Japan, and other countries off eating peanuts and other nuts food diet trends, consumption of peanuts and its products increased year after year. Thus increasing future demand for peanuts, production, and supply is bound to continue to grow.
With the enhancement of economic globalization and international trade activities, China peanut exports face more intense international competition, so the world’s major exporter of peanuts, peanut industry’s international competitiveness were analyzed and compared, peanut export States shall take appropriate measures, expand exports and increase export efficiency.
Peanuts contribute approximately 1.2% to the gross value of field crops. Peanuts can be consumed in an unprocessed state, but they also serve in the economy as raw materials for the manufacturing of various products. The production of peanuts is highly affected by the costs of production inputs as well as the demand for peanuts.
The Peanuts market can be divided based on product types and its sub-type, major applications and Third Party usage area, and important regions.
This report segments the global Peanuts Market based on Types are:
Ordinary, Waspish type, Multi-grain type, Pearl bean type
Based on Application, the Global Peanuts Market is Segmented into:
Food, Oil, Seed
(Special Offer: Get up to 40% discount on this report)
Inquire for Discount:
Regions covered By Peanuts Market Report 2020 to 2026.
North America (United States, Canada)
South America (Brazil, Argentina, Rest of South America)
Asia (China, Japan, India, Korea, RoA)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, Rest of Europe)
Others (Middle East, Africa)
The report has 150 tables and figures browse the report description and TOC:
At last, the report gives the inside and out examination of the Peanuts Market took after by the above components, which are useful for organizations or individuals for the development of their present business or the individuals who are hoping to enter in Peanuts industry.
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.