Peanut Meal Market

By Animal Type;

Ruminants, Poultry, Swine, Aquaculture, and Others

By Form;

Pellets, Meal, and Flour

By Application;

Feed, Protein Beverages, and Others

By End Use;

Livestock, Poultry, Aquaculture, and Pet Food

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn109591553 Published Date: June, 2025 Updated Date: August, 2025

Peanut Meal Market Overview

Peanut Meal Market (USD Million)

Peanut Meal Market was valued at USD 5,644.20 million in the year 2024. The size of this market is expected to increase to USD 7,786.55 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.7%.


Peanut Meal Market

*Market size in USD million

CAGR 4.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.7 %
Market Size (2024)USD 5,644.20 Million
Market Size (2031)USD 7,786.55 Million
Market ConcentrationHigh
Report Pages354
5,644.20
2024
7,786.55
2031

Major Players

  • Wilmar International Ltd
  • Xiwang Foodstuffs Co Ltd
  • Cargill Incorporated
  • Jiusan Group Food Marketing Co Ltd
  • Bunge Limited
  • Chia Tai Group
  • COFCO Group

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Peanut Meal Market

Fragmented - Highly competitive market without dominant players


The peanut meal market is expanding steadily, fueled by its rich protein profile and affordability as a feed component. Extracted during the oil processing of peanuts, peanut meal typically contains 45–50% protein, making it a strong alternative to traditional protein sources like soybean meal. Its rising adoption in animal feed, especially in poultry and cattle diets, now accounts for over 40% of the product’s total utilization.

Sustainable and Eco-Friendly Protein Choice
With sustainability becoming a top priority, peanut meal is gaining popularity as a plant-based protein that supports eco-conscious production. As a secondary product of peanut oil manufacturing, it contributes to waste minimization and efficient resource use. Currently, around 35% of feed producers prefer peanut meal for its lower environmental footprint and competitive nutritional value.

Rising Popularity in Organic Feed Formulations
The market is also benefiting from the growing preference for organic and non-GMO feed. Health-conscious consumers are driving demand for cleaner livestock nutrition, prompting feed producers to seek traceable ingredients. Peanut meal, especially in its raw form, is now used in more than 30% of organic animal feed formulations, reflecting a shift toward more transparent and sustainable farming inputs.

Cost-Effective Alternative Fueling Market Growth
The affordability of peanut meal continues to drive its adoption across the feed industry. Compared to conventional protein feeds like fish and soy meals, peanut meal provides up to 20% savings per protein unit. This cost-efficiency, combined with increased availability and nutritional enhancements, positions it as a practical and reliable feed solution for livestock producers.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Animal Type
    2. Market Snapshot, By Form
    3. Market Snapshot, By Application

    4. Market Snapshot, By End Use

    5. Market Snapshot, By Region
  4. Peanut Meal Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. High protein content for livestock feed
        2. Increasing demand for plant-based proteins
        3. Availability as a by-product of oil extraction
        4. Cost-effective alternative to soy meal
      2. Restraints
        1. Aflatoxin contamination risks in peanuts
        2. Low awareness in non-producing regions
        3. Allergen concerns in animal and human exposure
        4. Variability in nutrient composition and quality
      3. Opportunities
        1. Expansion in organic animal feed segment
        2. Utilization in aquaculture feed formulations
        3. Emerging demand in pet food industry
        4. Rising adoption in developing agriculture markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Peanut Meal Market, By Animal Type, 2021 - 2031 (USD Million)
      1. Ruminants
      2. Poultry
      3. Swine
      4. Aquaculture
      5. Others
    2. Peanut Meal Market, By Form, 2021 - 2031 (USD Million)
      1. Pellets

      2. Meal

      3. Flour

    3. Peanut Meal Market, By Application, 2021 - 2031 (USD Million)
      1. Feed
      2. Protein Beverages
      3. Others
    4. Peanut Meal Market, By End Use, 2021 - 2031 (USD Million)
      1. Livestock

      2. Poultry

      3. Aquaculture

      4. Pet Food

    5. Peanut Meal Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Wilmar International Ltd
      2. Ipasai Group
      3. Khedut Solvexp Pvt. Ltd.
      4. Louis Dreyfus Company
      5. Golden Peanut Company (ADM subsidiary)
      6. Archer Daniels Midland Company (ADM)
      7. Cargill, Incorporated
      8. Olam International
      9. Bunge Limited
      10. American Vegetable Oils
      11. Sankofa Foods
      12. Evergreen Oil
      13. GrainCorp
  7. Analyst Views
  8. Future Outlook of the Market