Mexico Peanut Market Overview, 2030

Mexico's customs related to peanuts are strongly linked to its ancient farming practices and lively street food scene, merging indigenous agricultural traditions with contemporary tastes. Peanuts, known as cacahuates, have been grown since before the arrival of the Spanish, by cultures such as the Aztecs and Mayas, who appreciated their protein content, versatility, and their use in sauces like salsa de cacahuate. In the state of Oaxaca, local farmers still cultivate peanuts in a way that values biodiversity, emphasizing techniques like crop rotation, use of organic fertilizers, and water-saving practices. These approaches not only help keep the soil fertile and maintain local seed varieties but also support the livelihoods of rural families in an area where farming is closely tied to cultural heritage. At the market level, seeing peanuts being roasted by vendors is a common occurrence throughout Mexico, ranging from busy urban areas to country roads. Seller’s roast raw peanuts in big pans or barrels, often utilizing open flames, producing an enticing smell that attracts people nearby. This street food practice has transformed into a space for new flavor developments, particularly seen in the chili-lime variety cacahuates enchilados con limón, where peanuts get a coating of fresh lime juice, zest, chili powder, and salt before being roasted to a zesty and spicy crisp. Well-known spice mixes like Tajín provide a unique blend of spice and citrus, making these treats popular in bars, markets, and households. In terms to being snacks, peanuts are essential to various regional dishes incorporated into moles, blended into pastes for soups, or combined with local ingredients in celebratory meals. The combination of Mexico’s peanut customs traditional farming in the fields of Oaxaca and lively street food inventiveness illustrates a larger national trend of valuing long-standing practices while welcoming new ideas.

According to the research report, ""Mexico Peanut Market Overview, 2030,"" published by Bonafide Research, the Mexico Peanut market is expected to reach a market size of more than USD 1.64 Billion by 2030. Mexico's peanut industry is witnessing consistent growth, driven by the increasing appeal of flavored and roasted varieties that merge classic snacking practices with contemporary flavor advancements. Popular options include chili-lime, tamarind-chili, and salted-garlic, which attract both local buyers and visitors in search of genuine street food tastes. This development is supported by a strong regulatory system the Servicio Nacional de Sanidad, Inocuidad y Calidad Agroalimentaria SENASICA implements health and food safety regulations that cover everything from production to sales, guaranteeing that peanuts adhere to cleanliness and quality criteria for local consumption and exporting. Normas Oficiales Mexicanas NOMs establish essential labeling standards for packaged peanuts, which must include ingredient lists in Spanish, declarations of allergens, and warning symbols on the front of the packaging for processed items if sugar, sodium, or fat limits surpass certain levels. Such guidelines not only protect consumers but also influence how products are packaged and marketed, especially for brands aimed at health-aware shoppers. There are particularly strong distribution prospects in street vending and tienda small store retail, were spontaneous purchases and flavor diversity boost sales. Street vendors, market stalls, and local shops play a vital role as sales outlets, providing both bulk and pre-packaged peanuts at reasonable prices. This market segment benefits from minimal barriers to entry, high levels of consumer confidence in local vendors, and the entrenched cultural significance of peanut snacking in everyday routines. Larger manufacturers are increasingly forming collaborations with these retailers, supplying branded packs that comply with NOM standards while retaining a handmade quality.

Mexico's peanut industry by product type is divided into Raw Peanuts and Processed Peanuts is marked by a combination of local farming especially in regions such as Oaxaca, Sinaloa, and Chiapas and imports that help support local production. Raw peanuts form the core of the market, with small farms in Oaxaca cultivating peanuts using traditional, minimal-input agricultural practices that often reflect cultural and regional heritage. These raw peanuts are typically consumed locally, sold in open-air markets, or provided in-shell to be roasted and enjoyed as snacks. Nevertheless, the availability of raw peanuts fails to meet the rising demand, resulting in considerable imports, mainly from the United States. These imports are tightly controlled by SENASICA Servicio Nacional de Sanidad, Inocuidad y Calidad Agroalimentaria, which guarantees compliance with phytosanitary regulations, pest management, and food safety standards prior to the peanuts entering the supply chain. The processed peanut segment in Mexico showcases the market's vibrant dynamics. A strong culture of snacking fuels interest in chili-lime roasted peanuts, sweetened peanuts, and flavored varieties, which are favored among roadside vendors, small shops, supermarkets, and concession stands at sporting events. Processing not only boosts flavor and convenience but also matches consumer demands for inexpensive, protein-rich snacks. In to direct consumption, processed peanuts serve as essential components in confectionery items like mazapan and peanut-based desserts, bakery fillings, and snack bars. Local processors are continuously innovating with unique seasoning mixes and packaging styles designed for impulse buying, convenient snacking, and seasonal markets. Furthermore, upscale urban markets are slowly adopting clean-label and artisan peanut spreads, influenced by international health and wellness trends. Mexico's raw peanut sector is deeply rooted in small-scale agricultural traditions, supported by imports under the supervision of SENASICA, while the processed peanut sector illustrates the country's lively food culture, with chili-lime roasted peanuts and sweet treats defining daily snacking experiences and shaping consumer preferences.

In Mexico, peanuts by applications is divided into Food & Beverages, Animal Feed and Industrial Peanut Oil for Biofuel, Cosmetics are utilized across various sectors, with the food and beverages segment being the primary focus. Snacks sold on the streets and sweet treats are at the core of peanut consumption, showcasing the lively snacking habits of the country. Vendors frequently provide roasted peanuts with chili and lime, sweet-coated peanuts, and classic delicacies like mazapán, which consists of ground peanuts molded into delicious, melt-in-your-mouth sweets. In terms to street food, peanuts also find their way into baked items, snack bars, sauces, and spreads, acting as a low-cost source of protein and a flavor that is rooted in cultural traditions. This segment is particularly energetic, constantly evolving with new ideas in flavors, packaging, and portion sizes to meet changing consumer desires for both indulgent and convenient options. The animal feed sector, while smaller, plays an important role, especially in rural locations and within livestock farming. Peanut meal, which is a by-product from the oil extraction process, is a valuable protein source used in animal feed mixes. Although not as commonly used as soymeal, it presents an alternative nutrition option for local livestock producers catering to poultry, pigs, and cattle. The extent of peanut meal usage is affected by limitations in supply and its competitive pricing, yet it continues to be a vital method for enhancing the value of the peanut harvest and minimizing waste throughout the production chain. The industrial use of peanuts in Mexico is relatively specialized but significant in certain contexts. Peanut oil is employed in small quantities in cooking, while its derivatives are found in beauty products, skin-care items, and handmade soaps.

In Mexico, peanuts market by distribution Channel is divided into B2C and B2B. On the B2C side, peanuts play an essential role in the daily snacking habits of people, available from street vendors, outdoor markets, and local tiendas. These venues focus on ready-to-eat options, offering items like chili-lime roasted peanuts in paper cones or sweetened varieties, which are both cheap and easy to find. Convenience stores and supermarkets stock packaged peanuts and snacks made from peanuts, appealing to city dwellers looking for hygienically sealed, branded products. This blend of informal and formal retail channels helps ensure that peanuts are accessible to a broad audience both urban and rural, as well as households with lower and middle incomes while also encouraging creativity in flavor offerings and portion sizes. Regulations govern labeling and food safety for packaged goods, and as consumers become more aware, they demand clearer information about allergens and more transparent branding. On the B2B side, the distribution focuses on wholesalers, importers, and suppliers who provide peanuts for industrial and food service applications. Confectionary companies, bakeries, and snack manufacturers purchase raw or semi-processed peanuts in large quantities, usually needing SENASICA Servicio Nacional de Sanidad, Inocuidad y Calidad Agroalimentaria certification to ensure they are safe from pests, particularly for imported shipments. This certification guarantees that peanuts comply with pest management, aflatoxin limits, and hygiene standards, which safeguards both producers and consumers. Foodservice outlets including restaurants, bars, and street food vendors depend on wholesale suppliers to maintain consistent supplies of roasted or flavored peanuts, incorporating them into their menus and snack selections. These two distribution channels form a complex system B2C promotes cultural snacking through direct everyday access, while B2B maintains industrial demand and large-scale supply under regulatory scrutiny.

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