Nuts And Nutmeals - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026 - 2031)

According to Mordor Intelligence, the global nuts and nutmeals market size was valued at USD 60.37 billion in 2025 and estimated to grow from USD 63.89 billion in 2026 to reach USD 84.82 billion by 2031, at a CAGR of 5.83% during the forecast period (2026-2031).

This report is Segmented by Product Type (Almonds, Walnuts, Cashews, Hazelnuts, Pistachios, Peanuts, Brazil Nuts, Pecans, and Others), Category (Conventional and Organic), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, and More), and Geography (North America, Europe, Asia-Pacific, South America, and More). The Market Forecasts are Provided in Terms of Value (USD).

Global Nuts And Nutmeals Market Trends and Insights

Growth in Plant-Based and Vegan Diets

The global surge in plant-based and vegan dietary preferences is a major factor driving the demand for nuts and nutmeals. Consumers are increasingly shifting away from animal-derived products due to concerns related to health, sustainability, and animal welfare, and are seeking nutrient-dense, natural alternatives that can provide comparable protein, healthy fats, and essential micronutrients. Plant-based food sales in the United States reached USD 8.1 billion in 2023, according to the Plant Based Foods Association (PBFA). The market grew by 79% over the past five years, with household penetration at 62% and repeat purchase rates at 81%. Nuts, such as almonds, cashews, hazelnuts, walnuts, and pistachios, along with nutmeals derived from them, have emerged as critical ingredients in the plant-based food sector because of their high protein content, omega-3 and omega-6 fatty acids, dietary fiber, vitamins, and minerals.

Clean Label and Natural Ingredients

Consumer scrutiny of ingredient lists drives demand for minimally processed nut products with transparent sourcing credentials, creating premium pricing opportunities for producers who can demonstrate farm-to-shelf traceability. Blockchain-enabled supply chain systems now provide immutable records of cultivation practices, processing methods, and quality certifications, addressing consumer concerns about authenticity and safety. This technological infrastructure becomes particularly valuable for organic and specialty nut segments, where provenance verification directly impacts market positioning and pricing power.

Climate Sensitivity and Environmental Impact

Water scarcity and extreme weather events increasingly constrain production in key growing regions, forcing strategic shifts toward drought-tolerant varieties and alternative cultivation areas. California's pistachio industry demonstrates this adaptation, with growers leveraging the crop's superior water efficiency compared to almonds during prolonged drought conditions. Australian almond producers faced similar challenges in 2024, with heat and frost events necessitating crop downgrades that rippled through global supply chains. These climate pressures accelerate investment in precision agriculture technologies, including soil moisture sensors and predictive analytics, while driving geographic diversification of production bases to reduce concentration risk.

Other drivers and restraints analyzed in the detailed report include:

1. Healthy Snacking Trend
2. Innovation in Flavors and Formats
3. Allergen Concerns and Cross-Contamination

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Almonds hold the dominant market position with a 33.95% share in 2025, leveraging established cultivation infrastructure and broad applications across direct consumption, ingredient processing, and industrial uses. Pistachios demonstrate the highest growth rate at 6.75% CAGR through 2031, benefiting from their drought resistance and increased cultivation in water-scarce regions. Cashews experience growth through processing advancements and value-addition opportunities, particularly in emerging markets with developing local processing capabilities.

Walnuts retain their premium market position through omega-3 health benefits and culinary uses, despite challenges from climate variations. Brazil nuts and pecans maintain stable premium pricing in specialized market segments, while hazelnut demand fluctuates based on confectionery industry trends and harvest variations in primary growing regions. Moreover, in pistachio production, machine learning technology enhances quality grading and traceability systems, enabling premium pricing for high-quality varieties.

Complete Report Scope:

• By Product Type
  • Almonds
  • Walnuts
  • Cashews
  • Hazelnuts
  • Pistachios
  • Peanuts
  • Brazil Nuts
  • Pecans
  • Others
• By Category
  • Conventional
  • Organic
• By Distribution Channel
  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Retail Channels
  • Other Distribution Channels
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • United Kingdom
    • Italy
    • France
    • Spain
    • Netherlands
    • Poland
    • Belgium
    • Sweden
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • Indonesia
    • South Korea
    • Thailand
    • Singapore
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Colombia
    • Chile
    • Peru
    • Rest of South America
  • Middle East and Africa
    • South Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • Egypt
    • Morocco
    • Turkey
    • Rest of Middle East and Africa

Geography Analysis

Asia-Pacific holds a 33.90% market share in 2025, primarily due to China's rapid growth in macadamia consumption and increasing middle-class purchasing power across the region. China's rising demand for macadamia kernels has positioned the country as a major global consumer, creating supply chain pressures in international markets. In addition, Australia's position as both a significant producer and consumer influences market dynamics, particularly as climate-related challenges affect domestic almond production and regional supply levels.

The Middle East and Africa region exhibits the fastest growth at 6.32% CAGR through 2031, supported by local processing investments and value-addition initiatives that capture greater shares of the nut value chain. Africa's position as a major raw material producer, particularly for cashews, creates opportunities for processing infrastructure development that could transform regional trade patterns. South Africa leads regional consumption while Nigeria, the Ivory Coast, and other West African nations focus on expanding processing capacity to reduce dependence on raw material exports. The region's young, growing population and improving economic conditions support long-term demand growth across multiple nut categories. Europe maintains significant market presence through established consumption patterns and stringent quality standards that influence global trade flows. The region's emphasis on organic certification and sustainable sourcing creates premium market segments that benefit producers willing to invest in compliance infrastructure. Furthermore, North America combines large-scale production capabilities with sophisticated processing infrastructure and strong domestic consumption. California's dominance in almond and pistachio production faces increasing scrutiny due to water usage concerns and climate change impacts, driving innovation in drought-tolerant cultivation and precision agriculture technologies.

1. Blue Diamond Growers
2. Olam International Limited
3. The Wonderful Company LLC
4. Select Harvests Limited
5. Mariani Nut Company
6. Diamond Foods, LLC
7. Archer Daniels Midland Company
8. Hormel Foods, LLC
9. Bob's Red Mill Natural Foods
10. Royal Nut Company
11. Sun Organic Farm
12. HBS Natural Choice
13. Ludlow Nut Company Ltd
14. Tierra Farm
15. NOW Health Group Inc.
16. Kluth GmbH & Co. KG
17. Montagu Snacks
18. Waterford Nut Company
19. Sun Valley Nut LLC
20. Baja Corporation
21. Lone Tree Nut Company Inc.
22. King Nut Company

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support