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In this paper, we assess the potentials of the groundnut producing sector in Senegal. The paper also identifies possible strategies to implement in order to fully benefit from this sector and its role in achieving food security. A comprehensive scientific literature review was carried out to ascertain the unexploited potentials of this sector. Using this approach, we found out that several unexploited potentials existed along the value chain of the groundnut sector. These potentials range from inputs through procurement and to the marketing of finished products. We also observed that complete exploitation of these potentials would sustainably and enormously contribute to the growth of the groundnut sector, improve rural livelihoods and achieve food security.