The functional properties offered by peanut oil are an important factor that drives markets. It is especially suitable for fried foods since it does not absorb the taste of food products and has a low percentage of saturated fats and trans fats.
These factors are important in the context of the growing awareness of health among consumers. The market for peanut oil is segmented into refined and unrefined oil. The refined oil is subjected to bleaching and deodorization. This process essentially eliminates the components that can cause peanut-based allergies, so it produces refined, non-allergic oil. The high smoke point offered by refined oil makes it an attractive frying oil for hotels and restaurants. Unrefined oil offers the nutty peanut flavor and is, therefore, an ideal choice as dressings.
The largest peanut producers are China and India. Argentina, India, China, and the United States are the main exporters. The main destination markets for peanut oil are China, the United States, the Netherlands, France, and Italy.
Refix Commodities is a global supplier of peanut products. We have strong origination capabilities from South America to the world. We are committed to maintaining the highest standards of food safety and quality.