Peanuts Market 2019-2024
Peanuts are widely used edible nuts. The peanut or groundnut is a species in the family Fabaceae commonly known as the bean, pea or legume family . Rosales belongs, leguminous annual herb, stems erect or prostrate, 30-80 cm long, petals and keel separated from the pod 2-5 cm long, 1-1.3 cm wide, expansive, thick pods, flowers and fruits of 6 – 8 months.
In terms of peanuts production, China ranks first in the world. Meanwhile, China is also the largest consumer of peanuts with Nigeria being the world’s third largest producer, after China and India. But most of peanuts in these three countries are supplied for domestic market.
Global production of peanut country 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.
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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, 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 high nutritional value of protein in plants. With the US, Europe, Japan and other countries off eating peanuts and other nuts food diet trend, consumption of peanut 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.
According to this study, over the next five years the Peanuts Market will register a –% CAGR in terms of revenue, the global market size will reach US$ $$ million by 2024, from US$ $$ million in 2019. In particular, this report presents the global market share sales and revenue of key companies in Peanuts business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Peanuts market by product type, application, key manufacturers and key regions and countries.
This study considers the Peanuts value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Ordinary
Waspish type
Multi-grain type
Pearl bean type
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Food
Oil
Seed
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
America
APAC
Europe
Middle East & Africa
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
China
India
Nigeria
United States
Sudan
Tanzania
Argentina
Myanmar
Chad
Senegal
Indonesia
Cameroon
Mali
Vietnam
Ghana
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Peanuts consumption value & volume by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Peanuts market by identifying its various subsegments.
Focuses on the key global Peanuts manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Peanuts with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks .
To project the consumption of Peanuts submarkets, with respect to key regions along with their respective key countries .
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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