The analysis of the Global Groundnut Oil Market Size Volume Per Capita by Country for 2024 reveals significant disparities in consumption levels. The Central African Republic leads with 8.47 kg per capita, followed by Gambia (4.9) and Guinea-Bissau (4.88). African countries dominate the higher end of the spectrum, reflecting their strong dependence on groundnut oil as a dietary staple. On the lower end, countries like Iceland, New Zealand, and Germany exhibit minimal consumption at 0.01 kg per capita.
Over the past five years, the market has shown stable growth, with little variation year-on-year (nil), indicating a consistent demand across various regions. The compound annual growth rate (CAGR) has reflected a steady average increase, showcasing a positive trajectory in the groundnut oil market globally.
Looking forward, future trends to watch for include the influence of health and wellness movements promoting the benefits of groundnut oil, technological advancements in oil extraction, and potential market expansions in emerging economies. Additionally, environmental factors and climate change could impact groundnut crop yields, affecting supply and consequently, consumption trends.
Top countries in Groundnut Oil Market Size Volume Per Capita by Country
| # | 10 Countries | Kilograms Per Capita | Last Year | |
|---|---|---|---|---|
| 1 | 1 Central African Republic | 8.47 | 2023 | View data |
| 2 | 2 Gambia | 4.9 | 2023 | View data |
| 3 | 3 Guinea-Bissau | 4.88 | 2023 | View data |
| 4 | 4 Myanmar | 4.84 | 2023 | View data |
| 5 | 5 Senegal | 4.8 | 2023 | View data |
| 6 | 6 Chad | 3.96 | 2023 | View data |
| 7 | 7 Netherlands | 3.08 | 2023 | View data |
| 8 | 8 Cameroon | 2.36 | 2023 | View data |
| 9 | 9 Benin | 2.31 | 2023 | View data |
| 10 | 10 Ghana | 2.09 | 2023 | View data |
