Peanuts: good demand stabilises prices in India – Mundus Agri







Peanuts: Good Demand Stabilises Prices in India – Market Trends, <a href="https://scangeni.us/tips-for-managing-food-allergies-food-scan-genius-app-guide/">Dietary Preferences</a>, and <a href="https://scangeni.us/tips-for-managing-food-allergies-food-scan-genius-app-guide/">Food Scan Genius</a>

Peanuts: Good Demand Stabilises Prices in India – Market Trends, Dietary Preferences, and Food Scan Genius

Published: June 2024 | Author: Your Name

Introduction: The Growing Importance of Peanuts in India’s Food Economy

Peanuts, also known as groundnuts, have long been a staple in Indian agriculture and cuisine. In 2024, the Indian peanut market is experiencing a period of stability, driven by robust demand both domestically and internationally. According to a recent Mundus Agri report, this steady demand has played a critical role in stabilizing peanut prices across the country.

As the peanut market evolves, so do consumer interests. Increasing awareness of food sensitivities, allergies, and dietary preferences is shaping how peanuts are consumed and marketed. Innovations like Food Scan Genius are empowering consumers to make informed choices, ensuring safety and suitability for individual dietary needs. This article delves into the current peanut market trends in India, the impact on people with food sensitivities, and the role of technology in enhancing food transparency.

Peanut Market Trends in India: 2024 Insights

1. Demand-Driven Price Stability

The Mundus Agri article highlights that the Indian peanut market has seen a stabilization of prices due to consistent demand. This is a significant shift from previous years, where price volatility was common due to fluctuating yields, export uncertainties, and changing weather patterns.

  • Domestic Consumption: India remains one of the largest consumers of peanuts, using them in snacks, cooking oils, and traditional dishes.
  • Export Markets: Indian peanuts are in high demand in countries like China, Indonesia, and Vietnam, further supporting price stability.
  • Supply Chain Improvements: Better storage, transportation, and processing facilities have reduced post-harvest losses, ensuring a steady supply.

2. Crop Yield and Production Factors

The 2023-2024 peanut season benefited from favorable monsoon rains in major producing states like Gujarat, Andhra Pradesh, and Tamil Nadu. According to the IndiaStat agricultural report (2024), peanut production is expected to reach 7.2 million tonnes, a modest increase over last year.

  • Climate Resilience: New drought-resistant peanut varieties are helping farmers maintain yields despite unpredictable weather.
  • Government Support: Minimum Support Price (MSP) schemes have provided a safety net for farmers, encouraging continued cultivation.

3. Price Trends and Forecasts

As per the Mundus Agri analysis, peanut prices in India are expected to remain stable through 2024 and into 2025, barring any major climatic disruptions. This is good news for both consumers and producers, as it ensures predictability in the market.

Peanuts and Food Sensitivities: What Consumers Need to Know

1. Peanut Allergies: A Growing Concern

For many, peanuts are a nutritious and affordable source of protein, healthy fats, and essential nutrients. However, peanut allergies are among the most common and severe food allergies worldwide. According to a 2023 study in the Journal of Allergy and Clinical Immunology, the prevalence of peanut allergy is rising in both children and adults, particularly in urban populations.

2. Peanuts in Special Diets

Beyond allergies, peanuts are a popular choice for various dietary preferences:

However, individuals with food sensitivities or allergies must exercise caution, especially with processed peanut products or foods containing hidden peanut ingredients.

3. Recent Research on Peanuts and Health

New research published in European Journal of Clinical Nutrition (2023) has highlighted the benefits of moderate peanut consumption for cardiovascular health, weight management, and diabetes prevention. The study emphasizes that, for those without allergies, peanuts can be part of a balanced, health-promoting diet.

Food Scan Genius: Empowering Safe and Informed Food Choices

1. What is Food Scan Genius?

Food Scan Genius is an innovative technology that allows consumers to scan food products and instantly receive detailed information about ingredients, allergens, and nutritional content. This tool is especially valuable for people with food sensitivities, allergies, or specific dietary preferences.

  • Real-Time Allergen Detection: Instantly identifies the presence of peanuts and other common allergens in packaged foods.
  • Personalized Dietary Filters: Users can set preferences for vegan, gluten-free, keto, and other diets to receive tailored recommendations.
  • Transparency and Trust: Food Scan Genius helps bridge the gap between manufacturers and consumers, promoting transparency in food labeling.

2. How Food Scan Genius Supports Peanut Allergy Management

For individuals with peanut allergies, accidental exposure is a constant risk, especially when eating out or trying new packaged foods. Food Scan Genius addresses this challenge by:

  • Scanning barcodes or QR codes to verify the presence of peanuts or traces in the product.
  • Providing alerts for cross-contamination risks based on manufacturing practices.
  • Offering alternative product suggestions that are peanut-free and safe for consumption.

3. Enhancing Dietary Choices for All

Even for those without allergies, Food Scan Genius empowers users to make healthier, more informed choices. For example:

  • Vegans can quickly identify if a peanut-based snack contains animal-derived additives.
  • People on gluten-free diets can ensure peanut products are not processed in facilities that handle wheat.
  • Fitness enthusiasts can track macronutrient content in peanut products to support their training goals.

As food transparency becomes a top priority for consumers in 2025 and beyond, tools like Food Scan Genius are set to revolutionize how we interact with food labels and make purchasing decisions.

Peanut Nutrition: Benefits and Considerations

1. Nutritional Profile of Peanuts

Peanuts are a nutrient-dense food, offering a range of health benefits:

  • High in Protein: Approximately 25g protein per 100g serving, making them an excellent plant-based protein source.
  • Rich in Healthy Fats: Contain monounsaturated and polyunsaturated fats, beneficial for heart health.
  • Vitamins and Minerals: Good source of vitamin E, niacin, folate, magnesium, and phosphorus.
  • Antioxidants: Peanuts contain resveratrol and other antioxidants that help combat oxidative stress.

2. Portion Control and Caloric Density

While peanuts are healthy, they are also calorie-dense. Moderation is key, especially for those managing weight. A handful (about 28g) is typically considered a healthy serving.

3. Aflatoxin Concerns

Aflatoxins are naturally occurring toxins produced by certain molds that can contaminate peanuts during storage. The Indian government and food safety authorities have implemented strict regulations and testing protocols to minimize aflatoxin exposure. Consumers are advised to purchase peanuts from reputable sources and store them in cool, dry conditions.

Peanut Industry Outlook: 2025 and Beyond

1. Market Projections

With stable prices and growing demand, the Indian peanut industry is poised for continued growth. Export opportunities, value-added products (such as peanut butter, protein bars, and roasted snacks), and increasing health consciousness among consumers are expected to drive the market forward.

2. Innovations in Peanut Processing

Advances in food processing technology are making it easier to produce allergen-free and specialty peanut products. This includes:

  • Peanut protein isolates for sports nutrition and vegan products.
  • Low-allergen peanut varieties under research and development.
  • Enhanced packaging for improved shelf life and safety.

3. Sustainability and Farmer Welfare

Sustainable farming practices, fair pricing, and support for smallholder farmers are becoming central to the peanut industry’s future. Initiatives to reduce pesticide use, promote organic cultivation, and ensure fair trade are gaining momentum.

Conclusion: Navigating the Peanut Market with Confidence and Safety

The Indian peanut market is entering a new era of stability, driven by strong demand and improved supply chain management. For consumers, this means greater access to high-quality, affordable peanuts and peanut products. However, with the rise in food sensitivities and allergies, it is more important than ever to stay informed and vigilant.

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