Nuts Market Outlook, current and upcoming Industry landscape Analysis 2029

 


Market Analysis and Insights of Global Nuts Market

Data Bridge Market Research analyses that the nuts market was valued at USD 28179.26 million in 2021 and is expected to reach the value of USD 47697.94 million by 2029, at a CAGR of 6.8% during the forecast period of 2022-2029.

A nut is made up of two parts: a non-edible hard shell and an edible seed. Nuts are oily kernels found within the fruit's shell that are used in a variety of food products around the world. Nuts and seeds are high in healthy fats, protein, fibre, minerals, and vitamins. They also control bodyweight because their fats are not completely absorbed in body, they also control food intake and energy expenditure.

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Market Scope and Global Nuts Market

Some of the major players operating in the nuts market are:

·                     Cargill Incorporated (US)

·                     ADM (US)

·                     Dupont (US)

·                     Evonik (Germany)

·                     BASF SE(Germany)

·                     DSM (Netherlands)

·                     Ajinomoto Co., Inc. (Japan)

·                     Novozymes (Denmark)

·                     Chr. Hansen Holding A/S (Denmark)

·                     TEGASA (Spain)

·                     Nutreco (Netherlands)

·                     Kemin Industries Inc. (US)

·                     Adisseo (France)

·                     Alltech (US)

·                     Palital Feed Additives B.V. (Netherlands)

·                     Global Nutrition International (France)

Global Nuts Market Scope

The nuts market is segmented on the basis of category, type, coating type, form, end user and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Category

  • Conventional
  • Organic

Type

  • Almonds
  • Brazil Nuts
  • Cashews
  • Chestnuts
  • Hazelnuts
  • Hickory Nuts
  • Macadamia Nuts
  • Pecans
  • Pine Nuts
  • Pistachios
  • Walnuts
  • Peanuts
  • Others

Coating type

  • Coated
  • Uncoated

Form

  • Whole
  • Diced/Cut
  • Roasted
  • Granular

 

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Nuts Market Dynamics

Drivers

  • Rising adoption of consuming healthy food and paleo diets

Growing vegan food trends, paleo diets, and other healthy eating habits are important factors influencing the global nut market's rapid growth. Nuts play an important role in these diets because they are high in protein, healthy fats, and carbohydrates. As a result, growing consumer awareness about the health benefits of nuts has driven the global market in recent years. In recent times, the young generation's preference for organic and natural products has resulted in a larger audience target for nut manufacturers.

  • Rising demand from the various end user industries

Nuts are used in a variety of applications by various end-users, and they are also gaining popularity in kitchens. The consumption of nuts and seeds has many positive effects on human health, such as lowering blood cholesterol, preventing diabetes and gallstones in men and women, and other medical applications. Aside from that, many key players see cosmetics as an important ingredient. Many edible products can be made from edible nuts, including nut spreads, gravy and salad dressings, dairy inclusions and toppings, energy bars, confectionery fillings and bars, bakery fillings and inclusions, food for infants and children, and others.

 

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