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Sector: 11 Agriculture, Forestry, Fishing and Hunting

NAICS Code 111992 - Peanut Farming

Industry Description

This U.S. industry comprises establishments primarily engaged in growing peanuts.

Business Examples

Common types of business activities within NAICS 111992 - Peanut Farming are:

  • Peanut farming

IBISWorld Industry Research Report

Hay & Crop Farming in the US (11199)

Revenue 2025

$41.4bn

Growth 2025

-0.93%

Key Trends

  • The industry exhibited a slight decline in revenue and profitability as a result of the pandemic

  • Hay farmers have increased their presence in the industry

  • Demand for price-premium organic hay from downstream industries is an opportunity

Products and Services

NAICS Hierarchy 111992 - Peanut Farming

NAICS Code 111992 - Peanut Farming sits in the 2-digit Peanut Farming sector. NAICS codes can be 2- to 6-digits and the further along the hierarchy, the more detailed and specific the category will be. Learn more about the structure of NAICS codes

2 Digits: 11

Sector Title: Agriculture, Forestry, Fishing and Hunting

3 Digits 4 Digits 5 Digits 6 Digits

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