Key Market Indicators
American peanut consumption is predicted to reach 2.2 million metric tons by 2026, up from 2.2 million metric tons this year. On average, demand for peanuts has been increasing at a rate of 0.3 percent annually since 2017. Meanwhile, American peanut production is set to reach 2.7 million metric tons by 2026, up from 2.6 million metric tons in 2021. This would represent a 0.8 percent annual increase since 1966.
