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| Press Release
Worldwide Peanut Oil Industry to 2025 - Rising Popularity of Peanut-derived Ingredients in Personal Care and Skin Care Products is Driving Growth
ResearchAndMarkets.com s offering. The peanut oil market is projected to witness a CAGR of 3.96% during the forecast period (2020-2025).
Peanut oil is used externally for application on the skin for moisturizing dry skin and for skin conditions like eczema, making it a part of many personal care products. It is also a good source of vitamin E and possesses antioxidant properties.
The use of peanut oil for arthritis and joint pain relief is a major reason why the oil is incorporated into pharmaceutical products.