United States Peanut Market Overview, 2030

The peanut industry in the United States is primarily centered in Georgia, which produces about half of the country's peanuts, establishing its clear lead in production. In 2024, farmers in Georgia cultivated around 850,000 acres, representing 47% of the nation's total farmland used for peanuts, leading to a national harvest projection of 2.95 million metric tons. This figure marks the third-largest peanut crop recorded in the history of the U.S., despite interruptions caused by Hurricanes Debby and Helene. Peanut farming in the U.S. notably grew in the early 1900s when boll weevil attacks severely harmed cotton crops, which motivated farmers in the South to branch out into peanut production. Progress in mechanization, plant development, and pest control largely influenced by research from the USDA and various land-grant institutions has consistently enhanced yields, durability against diseases, and quality. Modern high-oleic and drought-resistant peanut varieties now help prolong shelf life and minimize spoilage, bolstering both local consumption and international market competitiveness. Peanuts in the U.S. cater to various markets they are used as snacks and for confectionery, in peanut butter and spreads, as cooking oil, and in livestock feed products. Although peanuts are technically legumes, they are prized for their high protein content, beneficial fats, and ability to enhance soil health through nitrogen fixation. Consumers find peanuts to be an inexpensive and nutrient-rich food with a long shelf life, while farmers see them as a lucrative option compared to other crops when economic conditions change. Recent research and development efforts have concentrated on methods to reduce allergens, implement blockchain for traceability, and recycle shells into bioplastics sustainably. These advancements, combined with strict USDA grading standards and FDA allergen labeling guidelines, ensure the maintenance of quality, safety, and consumer confidence.

According to the research report, ""US Peanut Market Overview, 2030,"" published by Bonafide Research, the US Peanut market is anticipated to grow at more than 3.27% CAGR from 2025 to 2030. Per capita intake has risen in tandem with the trend for protein-dense, plant-based snacks, with peanuts and peanut butter holding a significant place in both regular and high-end product categories. This upward trend in exports is bolstered by high-quality, high-oleic varieties and promotional efforts from industry organizations, while the USDA’s Foreign Agricultural Service and Animal and Plant Health Inspection Service APHIS implement phytosanitary measures to ensure plant health and adhere to the standards of importing nations. On the domestic side, the Food and Drug Administration FDA requires explicit allergen labeling for peanuts as per the Food Allergen Labeling and Consumer Protection Act FALCPA, providing essential information to the estimated 1-2% of the U.S. population who have peanut allergies. These rules affect how products are made, packaged, and marketed, especially as companies look into allergen-reduced processing methods to expand their consumer base. From the viewpoint of supply, Georgia stands out as the leading production state, producing nearly half of the national yield, while Alabama, Florida, and Texas also contribute significantly. Improvements in breeding techniques, irrigation practices, and pest control have enhanced both the quantity and quality of peanuts, allowing the U.S. to compete effectively in international markets even amid weather challenges. Going forward, the industry’s growth prospects are supported by innovations in snack options, sustainability efforts like shell-based bioproducts, and developing trade connections. With strong regulatory frameworks, a solid production foundation, and a consumer attitude that values peanuts as both a traditional food and a contemporary healthy option, the U.S. peanut sector is well-equipped to maintain its economic and cultural relevance.

The peanut production industry in the United States by product type is divided into Raw Peanuts and Processed Peanuts is primarily located in the southern region, with Georgia being the leading state, consistently producing more than half of the entire national yield. Other significant producers include Texas, along with Alabama, Florida, and the Carolinas. This sector is regulated by the U.S. Department of Agriculture USDA, which oversees the National Agricultural Statistics Service NASS and various marketing loan initiatives, enforcing strict standards for grading, quality, and food safety. The USDA's supervision covers everything from classifying different kinds of peanuts at the farm level Runners, Virginias, Spanish, and Valencias to inspecting products post-harvest, ensuring that they adhere to both national regulations and international export standards. Looking at the value chain, raw peanuts enter into two key processing areas. The first area is peanut butter production, which primarily uses Runner-type peanuts because of their even kernel size, mild taste, and cost-effectiveness. This sector supports a retail market worth hundreds of millions of dollars, offering a range of products from mainstream spreads to more upscale, natural, and flavored options. The second main area is snack and candy processing, where Virginias and Spanish varieties are commonly roasted, salted, or coated for immediate eating, while Valencias are sought after for their sweetness in specialty markets. Snack options include trail mixes, candy bars, and seasoned, ready-to-eat offerings that align with the growing trend toward high-protein, plant-based snacks. The by-products resulting from shelling and milling like peanut oil, meal, and hulls are utilized in culinary, livestock, and industrial applications, creating segments and income sources. The USDA produces monthly Peanut Stocks and Processing reports that monitor the flow from raw materials to milled products, ensuring transparency for all market participants.

In the United States, peanuts market by applications is divided into Food & Beverages, Animal Feed and Industrial Peanut Oil for Biofuel, Cosmetics all of which are monitored to guarantee safety, quality, and market reliability. Within the food and beverage sector, peanuts are transformed into various snacks such as roasted, salted, seasoned, or coated varieties, spreads like peanut butter and other peanut-based spreads, as well as confectionery items that feature chocolate-covered peanuts, brittles, and nut clusters. These items are regulated by the FDA in accordance with the Federal Food, Drug, and Cosmetic Act and specific guidelines found in 21 CFR Part 164, which dictate the composition, labeling, and acceptable additives. USDA's Agricultural Marketing Service AMS provides descriptions for commercial items and grading standards for peanut butter and spreads, ensuring uniformity for both institutional and retail purchasers. Aside from being consumed directly by people, peanut meal the protein-rich by-product derived from oil extraction serves as an essential ingredient in livestock feed, especially for poultry, pigs, and cattle. Its application is overseen by USDA feed regulations and state feed control laws to preserve nutritional quality and avoid contamination. Peanut oil, known for its subtle taste and high smoke point, caters to two markets culinary uses in frying and salad dressings, as well as non-food applications in cosmetics, personal care items, and specialized industrial products. In the cosmetic industry, refined peanut oil acts as a moisturizing agent in lotions, creams, and soaps, adhering to FDA cosmetic labeling regulations. On an industrial level, it can be converted into biodiesel, playing a role in renewable energy projects, with its production and blending often supervised by USDA bioenergy initiatives.

In the peanut sector of the United States, by distribution channel is divided into B2C retail/e-commerce and B2B processing for foodservice and export. Each of these is influenced by different market factors and regulatory frameworks. Within the B2C category, peanuts and related products are made available to customers through nationwide grocery stores, warehouse clubs, niche food shops, and rapidly growing online shopping platforms. Leading retailers combine private-label products with established brands, while online marketplaces and direct purchase websites utilize digital advertising, subscription services, and seasonal sales to increase their market share. This segment is regulated by FDA food labeling rules, allergen disclosures mandated by FALCPA, and, in the case of organic or graded items, USDA criteria. Key aspects like packaging, preservation, and promotional strategies are vital for meeting consumer needs for convenience, freshness, and variety. The B2B category includes shellers, blanchers, and processors who provide bulk peanuts, peanut butter, oil, and meal to foodservice companies, institutional customers, and manufacturers. Major foodservice distributors, which cater to restaurants, cafeterias, hospitals, and hotels, frequently incorporate online ordering systems, inventory management tools, and just-in-time delivery to enhance efficiency. For international markets, suppliers in the U.S. comply with USDA/APHIS phytosanitary certification and grading requirements to adhere to the safety and quality standards of importing nations. Bulk goods can be packaged in containers for overseas clients or sent domestically in industrial containers for processing. In both pathways, adhering to regulations is essential the FDA mandates food safety, labeling, and allergen policies, whereas the USDA regulates grading, marketing standards, and export approvals. This dual-channel approach enables the U.S. peanut industry to effectively meet the high-volume demands of retail while addressing the specific requirements of institutional and foreign clients.

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