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Peanut oil is a type of vegetable oil derived from peanuts, a type of legume. It is a popular cooking oil in many parts of the world, especially in parts of Asia, Africa, and South America. Peanut oil is known for its high smoke point, which makes it suitable for deep-frying and stir-frying. It is also used in many sauces and dressings, as well as in some cosmetics.
Peanut oil is part of the larger nuts, seeds and dried fruit market, which includes a variety of products such as nuts, seeds, dried fruits, and nut and seed oils. This market is driven by the increasing demand for healthy and nutritious food products, as well as the growing popularity of plant-based diets.
Some companies in the peanut oil market include Agrocel Industries, AAK, Bunge, Cargill, and Wilmar International. Show Less Read more