Australia Peanut Market Overview, 2030

The peanut sector in Australia is mainly found in Queensland, notably in the South Burnett, Bundaberg, and Atherton Tablelands areas, where the warm weather and sandy land help produce high-quality crops. The industry is supported by vertically integrated processors like the Peanut Company of Australia PCA, which collaborates closely with farmers using farm-to-retail traceability systems that follow the National Agricultural Traceability Strategy 2023‑2033. These systems track every phase from selecting seeds and planting to harvesting, shelling, roasting, and packaging allowing for quick reactions to biosecurity risks and enhancing Australia’s image for food safety and source verification. Traceability also aids in accessing export markets, as international buyers are increasingly looking for reliable origin and production information. On the farming front, Queensland’s producers contend with frequent droughts, leading to major investments in drought-resistant varietal R&D spearheaded by breeding initiatives at the University of Queensland and PCA’s agronomy teams. These initiatives aim to create plant varieties with better water usage, disease resistance, and kernel quality, employing techniques like irrigation scheduling models, pod moisture measuring devices, and aflatoxin risk assessments. Field research has shown that yields can improve with ultra-early planting and tighter row spacing, while the use of gypsum and liming helps improve soil health in important cultivation regions. The combination of agronomic advancements and effective on-farm practices such as precision irrigation, crop rotation, and pest control guarantees a steady supply for local snack food producers, bakeries, and confectionery companies. After harvesting, peanuts are sorted, processed, and distributed through retail, foodservice, and export markets, with quality assurance standards upheld at every stage. By merging scientifically based varietal enhancement with strong traceability systems, Queensland’s peanut sector reduces risks related to climate and market fluctuations while establishing itself as a top-quality, sustainable supplier in both domestic and global markets, playing a role in Australia’s broader agricultural development goals.

According to the research report, ""Australia Peanut Market Overview, 2030,"" published by Bonafide Research, the Australia Peanut market is anticipated to grow at more than 5.34% CAGR from 2025 to 2030. Australia’s peanut industry is limited in size yet driven by creativity, with most production taking place in regions such as Queensland’s South Burnett, Bundaberg, and Atherton Tablelands. Although local production covers the majority of domestic needs, the industry’s strength comes from improvements in peanut varieties, accurate irrigation practices, and effective post-harvest quality checks. Consumer safety and trust are supported by Food Standards Australia New Zealand FSANZ, which requires allergen labeling that clearly identifies peanuts on all packaged products using set terminology, font size, and placement to ensure that consumers with allergies can easily see them. Producers often adhere to the Food Industry Guide to Allergen Management and Labelling and the internationally accepted VITAL Program to evaluate and indicate risks of cross-contact. Simultaneously, processors and packers follow Hazard Analysis and Critical Control Point HACCP-certified food safety protocols to detect and oversee points throughout the manufacturing process where contamination might happen from storage and shelling on farms to roasting, packaging, and shipping. These safety certifications are commonly combined with ISO 22000 or SQF systems to satisfy the criteria of both local retailers and export clients. Innovation goes beyond merely meeting regulations breeding initiatives aim at developing drought-resistant, high-oleic peanut strains that have a longer shelf life and consistent flavor, while processing plants invest in technologies like optical sorting, aflatoxin detection, and modified-atmosphere packaging to maintain quality. Distribution channels include supermarkets, convenience stores, health food shops, and online platforms, with a rising interest in premium snack mixes and ingredients for baking. Export potential, especially to Asian markets, is boosted by Australia’s standing for clean and traceable supply chains along with strict safety measures.

In Australia, by product type is divided into Raw Peanuts and Processed Peanuts. The main area for growing raw peanuts is Queensland, where the climate and soil conditions are ideal for producing high-quality peanuts. The local peanut industry aims to create kernels for both direct eating and processes that add value, ensuring a steady supply for local consumers. Peanuts in Australia are governed by the Food Standards Australia New Zealand FSANZ framework, which puts in place strict rules regarding food safety, pesticide levels, labeling, and allergen control. Meeting FSANZ requirements guarantees that peanuts going into the domestic processing system adhere to the country's safety and quality standards, giving assurance to consumers and manufacturers alike. Peanuts from Queensland are picked, cleaned, and sorted before they are sent to processors, forming the core of Australia's peanut food sector. After they are harvested, raw peanuts are mainly transformed into peanut butter and roasted snacks. Making peanut butter involves shelling, roasting, and grinding the kernels into a smooth or crunchy spread, which is sold in jars and bulk. Roasted snacks, another key use, are usually salted, flavored, or coated to meet consumer demands for easy, ready-to-eat options. These processed peanuts are sold in supermarkets, specialty shops, and more through online platforms, focusing on health-conscious and snack-loving buyers. The division of Australia's peanut market into raw and processed options shows a well-organized supply chain local raw peanuts under FSANZ regulations provide a safe, high-quality foundation, while their processing into peanut butter and roasted snacks increases value and satisfies various consumer preferences. This combined strategy guarantees effective use of local production, complies with national food safety regulations, and boosts the expanding market for peanut-based items in both retail and foodservice sectors.

In Australia, peanuts by applications is divided into Food & Beverages, Animal Feed and Industrial Peanut Oil for Biofuel, Cosmetics showcasing their adaptability in food, animal feed, and industrial fields. The primary use is within the food and beverage F&B industry, where peanuts are mainly found in spreads, snacks, and sweets. The leading product is peanut butter, made by roasting and grinding peanuts, which results in creamy or crunchy options sold in jars and bulk. Peanuts are also incorporated in candies, baked items, and snack mixes, often roasted or seasoned to suit consumer demands for flavor, convenience, and portion-controlled packaging. These uses comply with regulations from Food Standards Australia New Zealand FSANZ, which guarantees safety, allergen labeling, and adherence to nutritional regulations, fostering consumer trust in packaged and enhanced products. Another use is in animal feed, where peanut meal the byproduct after oil extraction serves as a protein-rich additive for livestock and poultry. While feed accounts for a smaller share of peanut consumption in Australia, it enhances resource efficiency by utilizing by-products from peanut processing, promoting sustainable farming methods. Peanut oil is a specific industrial application. In Australia, it finds use in cooking due to its taste and high smoke point, and in health and beauty products, like skin care, because of its moisturizing qualities. FSANZ regulations ensure food-grade peanut oil meets rigorous safety and quality standards, while cosmetic formulations fulfill extra criteria for consumer safety. Australia’s peanut applications are divided into F&B spreads and sweets, feed peanut meal, and industrial oil health and cosmetic uses. Each category optimizes the useful characteristics of peanuts while complying with FSANZ guidelines and promoting sustainable use of resources, resulting in a well-rounded and varied market.

In Australia, peanuts by distribution channel are divided into direct sales to consumers B2C and business sales B2B. Both systems are closely monitored, following strict regulations like HACCP protocols and guidelines from Food Standards Australia New Zealand FSANZ. The B2C sector sells directly to customers via various retail options, such as supermarkets, grocery shops, and farmers’ markets. Supermarkets and grocery outlets sell packaged peanuts, roasted treats, peanut butter, and products in family-sized and single-serve forms. Farmers’ markets also promote local and artisanal items, highlighting their freshness and quality. These retail setups prioritize convenience, variety, and innovative packaging to cater to urban and health-aware buyers. FSANZ regulations guarantee that all B2C peanut items comply with national safety rules, including proper allergen labels and nutritional details, which is crucial considering the commonality of peanut allergies. The B2B segment targets industrial and commercial entities like food manufacturers, bakeries, snack producers, foodservice businesses, and exporters. Distributors and importers deliver bulk raw and semi-processed peanuts, allowing manufacturers to create peanut butter and various snacks. This segment also supports Australia’s exports, ensuring peanuts meet international standards for quality and safety. B2B participants employ HACCP practices for consistent quality, contamination reduction, and adherence to FSANZ requirements. Australia’s peanut distribution comprises a dual-channel approach B2C retail, which enhances consumer access and premium positioning, and B2B, which caters to industrial needs and exports. Both systems follow HACCP and FSANZ regulations to ensure the supply chain's safety, quality, and traceability.

Considered in this report
• Historic Year: 2019
• Base year: 2024
• Estimated year: 2025
• Forecast year: 2030

Aspects covered in this report
• Peanut Market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Product Type
• Raw Peanuts
• Processed Peanuts

By applications
• Food & Beverages
• Animal Feed
• Industrial (Peanut Oil for Biofuel, Cosmetics)

By Distribution Channel
• B2C
• B2B Show more