Global Peanut Flour Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type of Peanut Flour;
Full-Fat Peanut Flour and Defatted Peanut Flour.By Application;
Food & Beverage, Nutritional Supplements, and Animal Feed.By Distribution Channel;
Business-to-Business (B2B) and Business-to-Consumer (B2C).By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Peanut Flour Market (USD Million), 2021 - 2031
In the year 2024, the Global Peanut Flour Market was valued at USD 264.98 million. The size of this market is expected to increase to USD 312.84 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 2.4%.
Peanut flour, derived from ground roasted peanuts, has emerged as a versatile ingredient with diverse applications across various industries worldwide. This specialized flour is produced through the milling process, offering a concentrated source of protein and flavor from peanuts. Its popularity stems from its nutritional profile, which includes high protein content and essential nutrients, making it a favored choice in food, nutritional supplements, and animal feed sectors.
As consumer preferences increasingly shift towards healthier and plant-based alternatives, peanut flour has gained prominence for its role in enhancing the protein content of various products. Its applications span from bakery goods and confectionery to protein-rich nutritional supplements and animal feed formulations. The market for peanut flour is characterized by its ability to cater to a wide range of dietary needs, including gluten-free and low-fat diets, thereby appealing to health-conscious consumers globally.
Geographically, the market for peanut flour exhibits robust growth across North America, Europe, and Asia-Pacific, driven by expanding food processing industries and rising consumer awareness about the benefits of peanut-based products. Innovations in processing technologies and growing investments in sustainable agricultural practices further bolster the market's development, positioning peanut flour as a pivotal ingredient in the evolving landscape of global food and nutrition industries.
Global Peanut Flour Market Recent Developments
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In September 2022, Researchers from ICRISAT collaborated with scientists from the Junagadh Agricultural University to create India's first "Spanish type" high oleic peanut. Comparing it to the original Virginia-type cultivars reveals its advantages. As a result of the new peanut line's high production, drought tolerance, and resistance to foliar diseases, Indian peanut export potential will be improved as well as the revenue of farmers and dealers.
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In January 2020, Life's Grape, a family-run enterprise in California, invented peanut butter-dipped grapes that were dried on vines. The product is low in sodium, gluten-free, sulphur-free, and Kosher, and it comes in resealable pouches. The company launched this new product line in order to diversify its extensive menu of offerings and to suit the expanding consumer demand for cutting-edge snacks.
Segment Analysis
The global market for peanut flour is segmented based on two primary types: full-fat peanut flour and defatted peanut flour. Full-fat peanut flour retains the natural oils from peanuts, offering a rich flavor profile and higher fat content. It is commonly used in food and beverage applications where its robust taste enhances products such as baked goods, sauces, and snacks. Defatted peanut flour, on the other hand, undergoes a process to remove much of the oil, resulting in a lower-fat product that is often preferred in nutritional supplements and dietary products where reduced fat content is desirable.
In terms of applications, peanut flour serves a diverse range of industries. In the food and beverage sector, it acts as a versatile ingredient, adding protein and flavor to products like cookies, bread, and smoothies. Its inclusion in nutritional supplements capitalizes on its high protein content, making it a valuable component in protein powders, bars, and shakes aimed at fitness enthusiasts and health-conscious consumers. Additionally, peanut flour is utilized in animal feed formulations, providing a nutritious supplement for livestock and pet foods due to its protein-rich composition.
The distribution of peanut flour occurs through both business-to-business (B2B) and business-to-consumer (B2C) channels. In B2B transactions, peanut flour is supplied to food manufacturers, bakeries, and animal feed producers who incorporate it into their products. This segment benefits from bulk purchases and specialized applications across various industries. Meanwhile, B2C distribution involves direct sales to consumers through retail channels, online platforms, and specialty stores. This channel caters to individual consumers seeking peanut flour for personal use, often driven by dietary preferences such as gluten-free or plant-based diets, and convenience factors like home delivery and product availability.
Global Peanut Flour Segment Analysis
In this report, the Global Peanut Flour Market has been segmented by Type of Peanut Flour, Application, Distribution Channel, and Geography.
Global Peanut Flour Market, Segmentation by Type of Peanut Flour
The Global Peanut Flour Market has been segmented by Type of Peanut Flour into Full-Fat Peanut Flour and Defatted Peanut Flour.
Full-fat peanut flour retains the natural oils from peanuts, contributing to its rich flavor profile and higher fat content. This type of flour is favored in culinary applications where taste and texture enhancement are paramount, such as in baked goods, confectionery, and savory dishes. Its ability to provide a robust peanut flavor makes it a sought-after ingredient in various food products.
Defatted peanut flour undergoes a process that removes much of the oil content, resulting in a lower-fat product while retaining the protein and fiber content of peanuts. This variant of peanut flour is valued for its nutritional benefits and suitability in applications where reduced fat content is desired, such as in protein bars, shakes, and dietary supplements. Its versatility extends to gluten-free and vegan products, catering to the growing consumer demand for healthier and plant-based food options.
The choice between full-fat and defatted peanut flour depends largely on the specific requirements of manufacturers and consumers. While full-fat peanut flour offers enhanced flavor and texture, defatted peanut flour appeals to health-conscious consumers seeking protein-rich ingredients with reduced fat content. Both types contribute significantly to the diverse applications of peanut flour across the food industry, reflecting ongoing trends towards nutritional fortification and dietary customization in global markets.
Global Peanut Flour Market, Segmentation by Application
The Global Peanut Flour Market has been segmented by Application into Food & Beverage, Nutritional Supplements, and Animal Feed.
In the food industry, peanut flour is valued for its ability to enhance flavor and texture in a wide range of products. It is commonly used in baked goods like cookies and breads, where it adds nutty notes and improves moisture retention. Additionally, peanut flour enriches sauces, dressings, and dips with its protein content and creamy texture, making it a versatile ingredient in culinary applications.
In the realm of nutritional supplements, peanut flour is highly regarded for its concentrated protein content and nutritional benefits. It serves as a key component in protein powders, bars, and shakes aimed at athletes, fitness enthusiasts, and individuals seeking convenient sources of protein. Peanut flour's natural profile aligns with the growing demand for plant-based proteins, appealing to consumers looking for sustainable and wholesome dietary supplements.
Another significant application area for peanut flour is in animal feed formulations. Recognized for its high protein content and digestibility, peanut flour is used to fortify livestock and pet foods. It serves as a valuable supplement in feed mixes for poultry, swine, and pets, contributing to their overall nutrition and health. This application underscores peanut flour's versatility beyond human consumption, supporting the agricultural sector's efforts to enhance animal nutrition and performance.
Global Peanut Flour Market, Segmentation by Distribution Channel
The Global Peanut Flour Market has been segmented by Distribution Channel into Business-to-Business (B2B) and Business-to-Consumer (B2C).
In the B2B channel, peanut flour is supplied in bulk quantities to food manufacturers, bakeries, and animal feed producers. These businesses incorporate peanut flour into their products, leveraging its nutritional benefits and flavor-enhancing properties across a wide range of applications. B2B transactions often involve long-term contracts, customized formulations, and logistical considerations to meet the specific needs of industrial-scale production.
The B2C distribution channel involves direct sales to end consumers through retail outlets, online platforms, and specialty stores. Consumers purchase peanut flour for personal use, driven by dietary preferences, health-conscious choices, and culinary interests. Online B2C sales have grown significantly, offering convenience, product variety, and accessibility to a global consumer base. Specialty stores and health food shops cater to niche markets seeking specific types of peanut flour, such as organic or allergen-free options, thereby enhancing consumer choice and product availability.
The distinction between B2B and B2C distribution channels reflects different market dynamics and consumer behaviors. B2B transactions focus on meeting industrial demand for peanut flour as an ingredient, ensuring consistent supply chains and quality standards. In contrast, B2C distribution caters to individual consumers seeking nutritional benefits and culinary versatility, highlighting peanut flour's appeal across diverse lifestyles and dietary preferences in the global marketplace.
Global Peanut Flour Market, Segmentation by Geography
In this report, the Global Peanut Flour Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Peanut Flour Market Share (%), by Geographical Region, 2024
Peanut flour distribution varies significantly across regions, influenced by local consumption patterns, economic factors, and cultural preferences. In North America, a mature market for peanut products, distribution channels are well-established with a strong presence of both B2B and B2C operations. B2B transactions dominate, supplying peanut flour to food processors and manufacturers across the United States and Canada, where it is used in a wide array of food products ranging from snacks to baked goods. B2C sales are robust, driven by health-conscious consumers seeking protein-rich and gluten-free alternatives through online platforms and specialty health food stores.
Europe presents a diverse landscape for peanut flour distribution, characterized by stringent regulations on food safety and quality. B2B distribution is prominent, serving a sophisticated food processing industry that incorporates peanut flour into bakery products, confectionery, and nutritional supplements. B2C sales are gaining momentum, particularly in Western European countries where there is a growing demand for plant-based proteins and natural ingredients. Online retail channels play a significant role in reaching consumers seeking specialty peanut flour products that align with dietary preferences and ethical considerations.
In the Asia-Pacific region, distribution channels for peanut flour are expanding rapidly alongside economic growth and changing dietary habits. B2B transactions cater to the food manufacturing sector in countries like China, India, and Japan, where peanut flour is utilized in traditional and modern food applications. B2C sales are growing, driven by urbanization, increasing health awareness, and the rising popularity of Western dietary trends. E-commerce platforms are instrumental in reaching a wide consumer base across diverse geographical areas, offering convenience and product variety in peanut flour options tailored to local tastes and nutritional needs.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Peanut Flour Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers :
- Health Conscious Consumer Trends
- Rising Demand for Gluten-Free Products
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Expanding Application in Food Industry : Peanut flour's versatility in the food industry extends across a wide range of applications, making it a sought-after ingredient among manufacturers aiming for culinary innovation. Its ability to enhance the nutritional profile and texture of products such as bakery goods, confectionery items, sauces, and snacks has spurred its adoption. In bakery products, peanut flour enriches doughs and batters with protein and nutty flavor, catering to the growing demand for nutritious baked goods. Similarly, in confectionery, it adds a distinct peanut flavor while contributing beneficial nutrients, appealing to health-conscious consumers seeking indulgent treats with added nutritional value.
Peanut flour's utility extends to savory applications like sauces, where it acts as a natural thickener and flavor enhancer, offering a gluten-free alternative in recipes. Its use in snacks further capitalizes on the trend towards healthier snacking options, providing manufacturers with a versatile ingredient to meet consumer demands for both taste and nutrition. As food manufacturers continue to innovate and diversify their product offerings, peanut flour stands out as a functional ingredient capable of meeting varied culinary needs while aligning with current health and taste preferences in the market.
Restraints :
- Allergen Concerns
- Volatility in Peanut Prices
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Regulatory Challenges : Peanut flour manufacturers face significant regulatory challenges, particularly concerning food safety, labeling requirements, and allergen management. Stringent regulations demand meticulous adherence to safety standards throughout the production process, from sourcing peanuts to manufacturing and packaging. Compliance with these standards ensures consumer safety and mitigates risks associated with allergen cross-contamination, crucial for maintaining trust and meeting legal obligations in global markets.
Navigating diverse international regulations adds complexity. Manufacturers must stay updated on varying food safety standards and labeling regulations across different regions, which often differ in their requirements for allergen declaration and product traceability. Meeting these regulatory demands requires robust systems for quality assurance, comprehensive allergen control measures, and clear, accurate labeling practices to ensure transparency and compliance across international markets.
Opportunities :
- Emerging Markets
- Product Innovation
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Health and Wellness Trends : The rising consumer preference for health and wellness products has propelled the demand for peanut flour, which aligns well with current dietary trends. With an increasing focus on plant-based protein sources, peanut flour stands out for its rich protein content and nutritional benefits, appealing to health-conscious individuals seeking alternatives to animal-based proteins. Its inclusion in plant-based diets supports sustainability efforts while providing essential nutrients.
The clean label movement has amplified interest in ingredients like peanut flour, known for its natural origin and minimal processing. As consumers prioritize transparency and simplicity in food products, peanut flour's clean label appeal enhances its marketability in health-focused segments. This trend towards cleaner, more natural ingredients underscores peanut flour's potential to meet evolving consumer preferences and drive growth in the health and wellness market.
Competitive Landscape Analysis
Key players in Global Peanut Flour Market include;
- ADM (Archer Daniels Midland Company)
- Golden Peanut and Tree Nuts (A subsidiary of Archer Daniels Midland Company)
- The J.M. Smucker Company
- Protein Plus, LLC
- The Savannah Food Company
- The Australian Peanut Company
- Puyang Tianli Company Ltd.
- ALM Industries Limited
- Nutrafarms Inc.
- Sukrin Ltd.
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type of Peanut Flour
- Market Snapshot, By Application
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region
- Global Peanut Flour Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Health Conscious Consumer Trends
- Rising Demand for Gluten-Free Products
- Expanding Application in Food Industry
- Restraints
- Allergen Concerns
- Volatility in Peanut Prices
- Regulatory Challenges
- Opportunities
- Emerging Markets
- Product Innovation
- Health and Wellness Trends
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Peanut Flour Market, By Type of Peanut Flour, 2021 - 2031 (USD Million)
- Full-Fat Peanut Flour
- Defatted Peanut Flour
- Global Peanut Flour Market, By Application, 2021 - 2031 (USD Million)
- Food & Beverage
- Nutritional Supplements
- Animal Feed
- Global Peanut Flour Market, By Distribution Channel, 2021 - 2031 (USD Million)
- Business-to-Business (B2B)
- Business-to-Consumer (B2C)
- Global Peanut Flour Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Peanut Flour Market, By Type of Peanut Flour, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- ADM (Archer Daniels Midland Company)
- Golden Peanut and Tree Nuts (A subsidiary of Archer Daniels Midland Company)
- The J.M. Smucker Company
- Protein Plus, LLC
- The Savannah Food Company
- The Australian Peanut Company
- Puyang Tianli Company Ltd.
- ALM Industries Limited
- Nutrafarms Inc.
- Sukrin Ltd.
- Company Profiles
- Analyst Views
- Future Outlook of the Market