Peanut Oil Market: Navigating Through the Competitive Landscape
The global peanut oil market has seen a significant surge in demand over the past few years, driven by its versatile applications in cooking, cosmetics, and pharmaceuticals. As the market continues to grow, competition among key players has intensified, leading to a dynamic and evolving landscape. The global market for peanut oil is poised to expand at value CAGR of around 4.1% to reach value of approximately of US$ 15,002.8 Mn by end of 2033. The global market is currently pegged at 10,409.9 Mn and anticipated at high rate owing to high demand from food and beverage industry.