Nuts Market Size was valued at USD 1.69 billion in 2022 and is expected to reach USD 2.70 billion by 2030, and grow at a CAGR of 6% over the forecast period 2023-2030.
Nuts are sold as single assortments and as blends. The nuts most generally sold as single assortments are peanuts, almonds, and cashews. Similar nuts are likewise broadly utilized in blends, as are walnuts, Brazil nuts, filberts (otherwise called hazelnuts), and macadamia nuts.
Peanuts, which represent a significant part of the nut market, are accessible in numerous assortments. These incorporate dry cooked and honey broiled, as well as global seasoned adaptations like wasabi or stew peanuts. Almonds are now and then enhanced with smoke seasoning or an appetizing enhancement. It has been less normal to find seasoned assortments of different nuts, yet the special cases for this standard are expanding in number.
Numerous nutritionists accept nuts are sound. Nuts have no cholesterol, they contain monounsaturated or potentially polyunsaturated fats, are plentiful in fiber, and contain vitamin E. Eating nuts, in this way, may assist with forestalling coronary illness. Different advantages of nut utilization include:
Hazelnuts help the resistant framework and battle weariness,
Peanuts are suggested for memory and assist with lessening hypertension,
Almonds are a decent wellspring of calcium to battle osteoporosis,
Walnuts help bone strength and assist with keeping nerves and muscles solid, and
Macadamias are helpful to the sensory system and skin.
Driving Factors:
Longer Shelf-life of edible nuts.
Rising well-being mindfulness prompted developing dietary examples.
Restraining Factors:
Excessive cost Of Processing Techniques.
Accessibility and fluctuating expenses for nuts as a natural substance.
Opportunities:
Growing acceptance of a healthy lifestyle.
Growing application range for nuts and subsidiaries.
Challenges:
Neglecting to satisfy the quality guidelines of GFSI.
Inventory network the board complexities and nature of nut items.
The nuts and nutmeals market has not been quite impacted by the COVID-19 pandemic as individuals changed their needs and put more into purchasing solid and resistance-supporting food items. The astoundingly expanded deals of nuts and nutmeals items were seen through internet-based stores during the COVID-19 period, which supported the interest in the market examined. A great many people liked to purchase bigger amounts all at once, dreading running out of items. Consequently, enormous bin sizes stayed a critical justification for the food of nuts and nutmeals across all districts. Further, more players ventured into the scene. For instance, against nibble, a games sustenance firm, sent off another line of sound tidbit blends in March 2020.
By application, the oats and lunch rooms portion is projected to encounter the quickest development in the market during the figure time frame
There is a huge interest in the utilization of cereals and cafés given their capacity to meet dietary necessities, for example, low-sugar, low-fat and plant-based. The expansion in optional ways of managing money, which has been essentially visible in a couple of years has contributed to the development of the snacks industry, thus energizing the lunchrooms market.
By type, the nut glue portion is projected to represent the biggest offer in the market during the gauge time frame.
Nut glue is generally utilized as a nut spread on bread, cakes, and rolls. The advancement of innovation and expansion in purchaser attention to the dietary properties have prompted the improvement of different nut items. Properties like the better taste, surface, variety, high protein, clean name, and maintainability, have brought about the development of plant-based food items. Going about as a plant-based protein source, nut and almond glue have numerous medical advantages.
Based on Type:
Nut butter
Nut pastes/Marzipan pastes/Persipan pastes
Nut fillings with cocoa
Nut fillings without cocoa
Caramelized nuts
Nut flours
Based on nut type:
Almonds
Hazelnuts
Walnuts
Cashews
Peanuts
Pistachios
Macadamias
Pecans
Pine nuts
Brazil nuts
Based on the application:
B2B Industrial food manufacturers
Chocolate confectionery products
Bakery products
Ice cream and frozen desserts
Cereals & snack bars
Beverages
Savory products
B2B Foodservice & bakeries
Bakery shops
Foodservices
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North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The critical expansion in the pace of heftiness rate in areas like the US has set out development open doors for dinner substitution refreshments, better nibble things, and sustenance bars. Hence, individuals are settling on a better way of life, with more tendency toward wellbeing by helping food items. The expansion in the utilization of palatable nuts as a healthful item and as a fixing in various food sections, like grains, tidbits, treats, and candy parlor items, has helped in setting out development open doors for nut items producers.
Diamond Foods, Inc., Archer Daniels Midland Company, Olam International, Blue Diamond Growers, Mariani Nut Company, Select Harvests, GNC Global Nut Company AG, Waterford Nut Company, Farm Breeze International LLC, and others.
Olam International-Company Financial Analysis
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 1.69 Billion |
| Market Size by 2030 | US$ 2.70 Billion |
| CAGR | CAGR 6% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by Category (Conventional, Organic) • by Type (Almonds, Brazil Nuts, Cashews, Chestnuts, Hazelnuts, Hickory Nuts, Macadamia Nuts, Pecans, Pine Nuts, Pistachios, Walnuts, Peanuts, and Others) • by Coating Type (Coated, Uncoated) • by Form (Whole, Diced/Cut, Roasted, Granular), by End-User (Household/Retail, Food Service Sector, Café, Catering, Others) • by Distribution Channel (Store-Based Retailers, Non-Store Retailers) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, +D11UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Diamond Foods, Inc., Archer Daniels Midland Company, Olam International, Blue Diamond Growers, Mariani Nut Company, Select Harvests, GNC Global Nut Company AG, Waterford Nut Company, Farm Breeze International LLC, and others. |
| Key Drivers | •Longer Shelf-life of edible nuts. •Rising well-being mindfulness prompted developing dietary examples. |
| Market Challenges: | •Neglecting to satisfy the quality guidelines of GFSI. •Inventory network the board complexities and nature of nut items. |
Ans: Nut butter is projected to make a foothold in the worldwide Nuts market.
Ans: The base year calculated in the Nuts market report is 2021.
Ans: Key Players in Global Nuts Market are Diamond Foods, Inc., Archer Daniels Midland Company, Olam International, Blue Diamond Growers, Mariani Nut Company, Select Harvests, GNC Global Nut Company AG, Waterford Nut Company, Farm Breeze International LLC, and others.
Ans: Longer Shelf-life of edible nuts and growing acceptance of a healthy lifestyle are the elements driving and resulting in opportunities for the Nuts market.
Ans: The Global Nuts Market Size is expected to grow at a CAGR of 6% over the forecast period 2022-2028.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value chain analysis
6. Porter’s 5 forces model
7. PEST analysis
8. Global Nuts Market segmentation, by type:
8.1 Nut butter
8.2 Nut pastes/Marzipan pastes/Persipan pastes
8.3 Nut fillings with cocoa
8.4 Nut fillings without cocoa
8.5 Caramelized nuts
8.6 Nut flours
9. Global Nuts Market segmentation, by nut type:
9.1 Almonds
9.2 Hazelnuts
9.3 Walnuts
9.4 Cashews
9.5 Peanuts
9.6 Pistachios
9.7 Macadamias
9.8 Pecans
9.9 Pine nuts
9.10 Brazil nuts
10. Global Nuts Market segmentation, by application:
10.1 B2B Industrial food manufacturers
10.1.1 Chocolate confectionery products
10.1.2 Bakery products
10.1.3 Ice cream and frozen deserts
10.1.4 Cereals & snack bars
10.1.5 Beverages
10.1.6 Savory products
10.2 B2B Foodservice & bakeries
10.2.1 Bakery shops
10.2.2 Foodservices
11. Global Nuts Market, by region/ country
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12. Company profiles
12.1 Diamond Foods, Inc.
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 Swot Analysis
12.1.4 The SNS View
12.2 Archer Daniels Midland Company
12.3 Olam International
12.4 Blue Diamond Growers
12.5 Mariani Nut Company
12.6 Select Harvests
12.7 GNC Global Nut Company AG
12.8 Waterford Nut Company
12.9 Farm Breeze International LLC
13. Competitive Landscape
13.1 Competitive Bench Marking
13.2 Market Share Analysis
13.3 Recent Developments
14. Conclusion
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