As per Market Research Future analysis, the peanut market US was estimated at USD 92.26 Billion in 2024. It is projected to grow to USD 116.48 Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 2.14%. The growth is driven by increasing consumption in snacking, peanut butter, confectionery, and healthy food sectors.

Peanuts are one of the most versatile nuts, consumed raw, roasted, salted, or as a base for products like peanut butter. The peanut price per lb USA fluctuates depending on crop yield, global supply, and demand from the food and snack industry. Awareness of nutritional benefits, such as protein, fiber, and healthy fats, is boosting consumption.

Consumers are increasingly selecting the best peanuts for snacking, including roasted, lightly salted, and seasoned varieties. Peanuts are considered a convenient, nutrient-rich snack suitable for on-the-go lifestyles. Specialty snacks like honey-roasted or spiced peanuts are also gaining popularity.

The comparison of peanut butter vs peanuts highlights the difference between whole nuts and processed spreads. Peanut butter, whether creamy or crunchy, offers convenience and versatility in cooking, baking, and sandwiches, whereas whole peanuts are preferred for direct snacking or culinary applications. Both segments complement each other and drive overall market growth.

The organic peanuts market is expanding in response to consumer demand for chemical-free, non-GMO, and sustainably grown products. Organic peanuts appeal to health-conscious and environmentally aware consumers, supporting premiumization trends.

The peanut market US is expected to maintain steady growth through 2035, fueled by snacking trends, rising health awareness, and demand for organic and specialty products. Urbanization, e-commerce, and increased product visibility will further boost market penetration.

FAQs

Q1: What is the current size of the peanut market US?
It was estimated at USD 92.26 Billion in 2024 and is projected to reach USD 116.48 Billion by 2035.

Q2: What is the average peanut price per lb USA?
Prices vary depending on crop yield, supply, and demand but typically range from $1.5 to $3 per pound.

Q3: Which are the best peanuts for snacking?
Roasted, lightly salted, honey-roasted, and seasoned varieties are popular.

Q4: How does peanut butter vs peanuts differ?
Peanut butter is processed for convenience; whole peanuts are consumed directly as a snack.

Q5: What drives the organic peanuts market?
Consumer demand for non-GMO, chemical-free, and sustainably grown peanuts.

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