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.
During the 2018 to 2022 period, the market saw a steady increase in demand for mechanical peanut shellers, with a shift towards automated and technologically advanced solutions. These advancements include features like improved energy efficiency, reduced noise levels, and enhanced capacity, enabling businesses to handle larger volumes of peanuts. Additionally, the growing trend of organic and non-GMO peanut products has led to a need for more precise shelling methods that preserve the quality of the peanuts. Furthermore, small-scale farmers in emerging economies have been investing in more affordable, compact peanut shellers to enhance their productivity without the need for large-scale investments.
Looking ahead to the period between 2023 and 2033, the Peanut Sheller Market is expected to experience a substantial rise in demand. Key factors influencing this growth include the expanding global peanut trade, innovations in peanut sheller technology, and the increasing adoption of mechanized farming practices. Moreover, the growing focus on sustainability and environmental concerns is likely to lead to the development of more eco-friendly and energy-efficient peanut shellers. The market will also see more players emerging from different regions, offering a range of solutions tailored to both large-scale processors and smaller, localized operations.
As the demand for processed peanuts continues to grow across various food sectors, the role of peanut shellers in ensuring high efficiency and product quality will become more critical. With the continued evolution of technology, these machines will play an increasingly central role in optimizing peanut processing and enhancing the overall productivity of peanut-related businesses.
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The Peanut Sheller Market has witnessed significant growth from 2018 to 2022, driven by the increasing demand for efficient processing equipment in the agriculture sector. The surge in peanut production worldwide has led to a rise in the need for machinery that can streamline the shelling process, reducing manual labor costs and increasing overall productivity. This trend was particularly noticeable in countries like China, India, and the United States, which are major players in the global peanut industry. As farmers and processors aim to meet the rising demand for peanuts in various sectors, from food processing to snacks, peanut shellers have become indispensable tools in modern farming.
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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