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.
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.
The global Peanuts market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Peanuts volume and value at global level, regional level and company level. From a global perspective, this report represents overall Peanuts market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Segment by Regions
Segment by Type
Pearl bean type
Segment by Application