Nut Products Market Forecasts to 2028 – Global Analysis By Nut Type (Almonds, Cashews, Hazelnuts, Peanuts, Walnuts), Application (B2B Food Service & Bakeries, B2B Industrial Food Manufacturers), and By Geography
According to Stratistics MRC, the Global Nut Products Market is accounted for $1.50 billion in 2020 and is expected to reach $2.74 billion by 2028 growing at a CAGR of 7.8% during the forecast period. The rising health awareness led to evolving dietary patterns and robust growth projections for the bakery and confectionery sectors are the factors driving the market growth. However, the fluctuating costs for nuts are hampering the market growth.
Intake of nuts is related to reducing the chronic disorder risks and its products such as cashew nut, peanut hull, and coconut shell exhibit anti-bacterial properties as well as food preserving feature.
Based on the type, the nut fillings with cocoas segment is going to have lucrative growth during the forecast period due to the growing demand for the food processing industry and high consumption among the population.
By geography, North America is going to have high growth during the forecast period due to growing demand for healthy & nutritive snacks in the countries such as Canada and the U.S. Need for maintaining a healthy lifestyle along with large consumption of edible nuts.
Some of the key players profiled in the Nut Products Market include Almendras Llopis S.A.U., American Almond, ASM Foods AB, Barry Callebaut USA, LLC, Blue Diamond Growers, Callebaut, Kanegrade, Kondima, Lemke, Moll Marzipan GmBH, Mount Franklin Foods, Olam International, Puratos, Royal Nut Company, and Stelliferi & Itavex S.P.A.
• Caramelized Nuts
• Nut Butters
• Nut Fillings With Cocoa
• Nut Fillings Without Cocoa
• Nut Flours
• Nut Pastes/Marzipan Pastes/Persipan Pastes
• Whole Nuts
• Premium Nut Product
• Standard Nut Product
Nut Types Covered:
• Brazil Nuts
• Pine Nuts
• B2B Food Service & Bakeries
• B2B Industrial Food Manufacturers
Sales Channels Covered:
• Convenience Stores
• Online Stores
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Nut Products Market is majorly driven by rising health awareness led to evolving dietary patterns, expanding application spectrum for nuts and derivatives, and emerging economies as global hotspots for investments in the global market.
The nut pastes/marzipan pastes/persipan pastes segment is growing at a highest CAGR due to the increasing consumer awareness of the nutritional properties and technology developments.
North America dominated with a significant market share due to growing demand for healthy & nutritive snacks in the countries such as Canada and the U.S. and presence of major nut product producers in the countries of the region.
Europe market is growing at a highest CAGR due to the high demand for natural and low-sugar ingredients, and food products in the region.
Key players in Nut Products Market include Almendras Llopis S.A.U., American Almond, ASM Foods AB, Barry Callebaut USA, LLC, Blue Diamond Growers, Callebaut, Kanegrade, Kondima, Lemke, Moll Marzipan GmBH, Mount Franklin Foods, Olam International, Puratos, Royal Nut Company, and Stelliferi & Itavex S.P.A.
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