Peanut Sheller Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 1.8 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
The global peanut sheller market was valued at approximately $1.2 billion in 2022, with a projected Compound Annual Growth Rate (CAGR) of 5.3% from 2023 to 2028. This growth is attributed to increasing agricultural productivity demands and the rising adoption of mechanized equipment in the agricultural sector. The expanding use of peanut shellers across regions such as Asia-Pacific and Latin America, driven by the need for efficient and cost-effective processing solutions, is a significant factor contributing to the market's expansion. Technological advancements and the development of innovative peanut sheller designs are also enhancing market dynamics.
Opportunity analysis reveals a growing potential in emerging markets where traditional methods are being replaced by modern machinery. The shift towards automation in agriculture and the increasing focus on reducing post-harvest losses offer lucrative prospects for market players. Additionally, the rise in peanut consumption globally and the expansion of the agricultural machinery market are expected to further drive demand for peanut shellers. The market is also witnessing increased interest from small and medium-sized enterprises, which are adopting advanced peanut shellers to enhance efficiency and productivity in peanut processing.
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Yantai Muping District Tongshun Peanut Machinery Factory
Weifang Wanda Food Machinery Co.
Ltd.
Shandong Weiyi Machinery Co.
Ltd.
Zhengzhou Hengjin Machinery Manufacturing Co.
Ltd.
Guangdong Suihua Machinery Equipment Co.
Ltd.
Shandong Baoshuo Food Machinery Co.
Ltd.
Lewis M. Carter Manufacturing
LLC
AKYUREK Technology
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Peanut Sheller Market
Peanuts Shell
Peanuts Squeeze Oil
Others
Based on Types the Market is categorized into Below types that held the largest Peanut Sheller market share In 2023.
Environmentally Friendly
Non-environmentally Friendly
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Peanut Sheller Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Peanut Sheller Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Peanut Sheller Market, By Type
6. Global Peanut Sheller Market, By Application
7. Global Peanut Sheller Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Peanut Sheller Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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