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2018 Global Peanuts Sales Market Report

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City of Industry, CA -- (SBWIRE) -- 06/26/2018 -- This report studies the global Peanuts market status and forecast, categorizes the global Peanuts market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).

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.

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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 million US$ in 2017 and will reach million US$ by the end of 2025, growing at a CAGR of during 2018-2025.

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QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.