Peanuts and Profits: What You Need to Know in 2025
When you think about peanuts, you may be tempted to imagine a crispy roasted or boiled snack that leaves an oily aftertaste in your mouth after eating it. But peanuts go beyond the processed snacks you eat or your favourite jar of brown-coloured paste dubbed ‘peanut butter.’
Also commonly referred to as groundnuts, monkeynuts, earthnuts, or goobers, peanuts are actually legume crops that are mainly cultivated for their edible seeds, which are enclosed in pods. These seeds are highly nutritious, providing significant amounts of vitamins, protein, and minerals.
Peanuts are sometimes consumed raw, but are also roasted or boiled, making them popular snacks in many countries around the world, including Nigeria. They are also processed into other products, including peanut butter, peanut oil, peanut flour, and protein concentrates.
Globally, the peanut market is currently experiencing significant growth, with recent estimates indicating that the market size will increase from its current $41 billion to over $54 billion by 2031. This growth is driven by rising demand for snacks, the recognition of the nutritional benefits of peanuts, and a growing preference for plant-based proteins.
With ever-increasing demand for snacks globally, peanut products like whole nuts or roasted nuts present a budget-friendly and healthy option for consumers. The recognition of the nutritional benefits of peanuts, which are rich in healthy fats, protein, and essential minerals, is also contributing to global peanut market growth.
In global snack industry trends, there is also a growing preference for plant-based options, especially ones containing nutrients like proteins, which are found in peanuts. This has positioned peanuts as a staple in vegetarian diets, driving demand and subsequent market growth.
With the high demand for peanuts, production is dominated by African countries like Nigeria and Sudan, Asian countries like China and India, and the United States. Nigeria currently produces about 4.3 million metric tons of peanuts every year (roughly 8-9% of world production), while Sudan’s peanut production output is approximately 1.68 million metric tons per year.
This level of production highlights not only the scale of peanut farming in Africa but also the opportunity it presents for local and international trade. With a growing global market hungry for reliable, affordable, and quality peanut supplies, suppliers who have trusted sources stand to benefit from one of the continent’s most profitable agricultural exports.
This is where RRM comes, to bridge the gap between high demand and reliable supply by connecting buyers with top-quality peanuts, whether raw or processed. Partner with us today and gain access to one of Africa’s fastest-growing and profitable agricultural markets.
