The peanut oil domestic food consumption in India is projected to decrease slightly from 1.06 million metric tons in 2024 to 1.02 million metric tons by 2028. In 2023, the consumption stood at the same level as the forecast for 2024, indicating a downward trend. Over these years, the consumption decreases consistently by about 0.94% annually. The compound annual growth rate (CAGR) over this five-year period reflects a negative growth, illustrating a shrinking market for peanut oil consumption domestically.

Future trends to watch for:

Emerging health trends and potential shifts towards alternative cooking oils.
Government agricultural policies impacting peanut production and oil extraction rates.
Changing consumer preferences and urbanization impacts on dietary habits.