As per Market Research Future analysis, the peanut market US was estimated at USD 92.26 Billion in 2024. It is projected to grow to USD 116.48 Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 2.14%. The growth is driven by increasing consumption in snacking, peanut butter, confectionery, and healthy food sectors.
Peanuts are one of the most versatile nuts,...