Peanuts Market Scope, Share, Trends And Size Value Forecast By 2032
June 15, 2023 ⚊ 1 Min read ⚊ Views 97 ⚊ FOODGlobal Peanuts Market Overview
Peanuts Market Size was valued at USD 87.9 Billion in 2022. The Peanuts market industry is projected to grow from USD 90.05 Billion in 2023 to USD 109.29 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 2.45% during the forecast period (2023 – 2032). The adoption of a healthy lifestyle and changes in consumption habits are the key market drivers enhancing the market growth.
Growing number of health concerned people is driving the market growth
Market CAGR for peanuts is being driven by the rising number of consumers for peanut based products. Many different food products contain peanuts, which are a significant food crop. They are a crucial source of nutrients, including oil and protein. In addition, they aid in ensuring that you get enough protein from your food and keep a healthy physique. Peanuts are used as a