Global Groundnut Oilcake Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Groundnut Oilcake industry revenue is expected to be around $1.8 billion in 2025 and expected to showcase growth with 5.0% CAGR between 2025 and 2034. The remarkable growth of the Groundnut Oilcake industry is supported by its enduring importance in animal feed and biofuel sectors due to the increasing demand for high quality livestock nutrition that promotes weight gain and sustains animal well being while also meeting the need for sustainable energy sources This surge has propelled the industry to levels driven by factors such as growing health and environmental awareness strong demand for animal derived products and rapid industrial development, in emerging markets These elements consistently propel market growth upward.
Groundnut Oilcake comes from peanuts after extracting the oil. Its known for its rich nutrients which are essential for improving animal feed quality significantly. Historically it has been a staple in feeding farm animals like dairy cows to boost milk output and ensure their well being. there has been a shift towards using it in producing biofuels as part of the growing focus on eco friendly energy sources, in the industry.
Market Key Insights
- The Groundnut Oilcake market is projected to grow from $1.7 billion in 2024 to $2.8 billion in 2034. This represents a CAGR of 5%, reflecting rising demand across Animal Feed Supplement, Organic Fertilizer Production and Biodiesel Production.
- Cargill Incorporated, Archer Daniels Midland Company, Bunge Limited are among the leading players in this market, shaping its competitive landscape.
- U.S. and India are the top markets within the Groundnut Oilcake market and are expected to observe the growth CAGR of 3.3% to 4.8% between 2024 and 2030.
- Emerging markets including Malaysia, Indonesia and Vietnam are expected to observe highest growth with CAGR ranging between 5.8% to 6.9%.
- Transition like Adoption of Sustainable Practices has greater influence in U.S. and India market's value chain; and is expected to add $60 million of additional value to Groundnut Oilcake industry revenue by 2030.
- The Groundnut Oilcake market is set to add $1.1 billion between 2024 and 2034, with manufacturer targeting Poultry Feed & Aquaculture End Use projected to gain a larger market share.
- With Rising demand for organic livestock feed, and Expansion of biofuel production, Groundnut Oilcake market to expand 63% between 2024 and 2034.