In 2023, the groundnut oil market size volume per capita in the US stood at 0.2 kilograms. Projections for 2024 to 2026 suggest a constant per capita consumption of 0.2 kilograms. A slight increase is expected in 2027 and 2028, with values inching up to 0.21 kilograms. This represents a year-on-year growth rate of 5% from 2026 to 2027, and a steady pattern for the previous years. Hence, the compounded annual growth rate (CAGR) from 2023 to 2028 is steady, reflecting a slow, yet gradual increase in acceptance or usage.

Future trends to watch for include:

Potential shifts in consumer preferences towards healthier oil options, impacting groundnut oil demand.
Market dynamics driven by health benefits touted in nutritional studies.
Economic factors that may influence consumer purchasing power and market accessibility.