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1.1 Definition and scope of the study

Peanuts are leguminous plants that produce fruits that grow underground. Peanuts are not nuts but are associated with the nuts and dried fruit family because of their similar benefits and energy levels. Peanuts, which originate in South America, are now grown in various parts of the world, although their cultivation requires specific climatic conditionsand a certain type of soil. Thus, peanut cultivation is not widespread in European countries and they are therefore major importers of peanuts. There are different types of peanuts:

  • Runner (dominant type, most used for peanut butter)
  • Virginia (represents the majority of roasted peanuts)
  • Spanish (generally used for sweets)
  • Valencia (very sweet and usually baked)

China and India are the world’s largest consumers of peanuts; in 2018 the two countries accounted for around 56% of global consumption. Meanwhile, Argentina is the largest exporter of peanuts.

Global price (USD per metric ton) in Q4 2019 was 1402.9, which is an increase compared to 1261.5 in Q1 2014. In other words, prices have increased in 5 years. During this period, it should be noted that the commodity demonstrates high levels of volatility. This can be explained by the fact that the industry has shifted towards a market-oriented pricing model, with less government intervention.

Global market players include Olam International, Kraft Foods Inc., and Hampton Farms, Inc, Star Snacks Co., LLC, Virginia Diner, Archer Daniels Midland, Diamond Foods, Inc.

In the UK, sales have increased since 2009. Peanut butter is driving this expansion, but also the perceived health benefits of peanuts. Indeed, it is one of the richest protein sources, as the concentration of protein in a peanut can reach up to 70%. Moreover, organic peanuts are becoming more popular as consumers look to have traceability for the product origin.

The brand market share for peanuts is fragmented, and most of sales come through private labels. KP sold the most in 2017, followed by Walkers and Indus.






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Reviews (5)

The chocolate and chocolate factory market - France

Publicado en 23/06/2022 by Helie Krotoff


The market for sports nutrition supplements - France

Publicado en 31/01/2022 by Thibaut Reinhard - Biocanna Technologies SRL

We got the numbers we needed. Excellent study

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The Farm Animal Feed Market - France

Publicado en 09/01/2022 by Hugo Schott - Businesscoot

Note the recent but steady take-off of organic feed for farm animals, which is leading to a renewal of research and development in the sector

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Hello Hugo, Thank you for your feedback. We are glad that the study was up to your expectations. We hope you will give us a 5/5 next time ;)

The market for sports nutrition supplements - France

Publicado en 06/01/2022 by Amaury Wernert

The work of collection, data processing and the method to estimate the market still poorly known are very relevant. Interview with the market specialist on the impact of the Covid crisis very interesting

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The ready meal market - France

Publicado en 26/11/2020 by Lucie Piette - Cooperl

Good synthesis of the market with interesting figures

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Hello Lucie, Thank you for your feedback. We are happy to read that you were completely satisfied with the content of the study. :)