PUBLISHER: Polaris Market Research | PRODUCT CODE: 1149969
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1149969
The global nut products market size is expected to reach USD 10.36 billion by 2030 according to a new study by Polaris Market Research. The report "Nut Products Market Share, Size, Trends, Industry Analysis Report, By Product Type; By Nut Type; By Applications; By Quality (Standard, Premium); By Category (Conventional, Organic); By Region; Segment Forecast, 2022 - 2030" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Due to their low moisture content and abundance in vitamins, antioxidants, proteins, fiber, and other necessary elements, nuts are regarded as a microbiologically safe food. The growth of the nut product market has been fueled by consumers' increasing awareness of the health advantages of rich sources.
As nuts are widely used to make several instant foods, therefore its growing applications in food industries is likely to accelerate the market growth. Consumption of nuts in recipes for cooking and baking or simply having them as a snack that are available in a wide range of plain, salted, flavored, and coated nuts is likely to stimulate the growth of nuts and nut products.
Nuts are a rich source of protein, packed with antioxidants, vitamins, minerals, and essential omega-3 fatty acids, and have several medical benefits. Vegetarians primarily consume nuts or nut products as an alternative to meat protein substitutes, propelling the market growth.
Nut Products Market Report Highlights
The nut pastes/marzipan pastes/persipan pastes segment is projected to dominate the market as nut paste is a filling food produced from raw, roasted, or blanched nuts and is considered as a rich energy source for all age groups
The hazelnuts segment is anticipated to account for the largest market share owing to the fact that hazelnuts are a relatively richer source of vitamins. It has nine times more Vitamin A than other nuts, resulting in hazelnut growth
Various food industries use nuts, which may be raw or roasted, for many food items, expanding the growth of food industries. For instance, GoodSam foods expanded the lineup of regenerative products, which includes white chocolate chips, Brazil nuts, and pecan halves.
Organic category nuts account for a significant share as they are free from pesticides and fungicides
Natural, low-sugar, and safe products are the main trends supporting the increasing consumption of edible nuts, which have driven the growth of standard quality nuts segment. Furthermore, according to UNECE, the nuts used inside the package must be clean and of quality to avoid causing any external or internal damage to the product.
European is the largest market for nuts in the world, representing more than 40% of the total world imports. Increasing import volume has witnessed the growth of the region.
The global market is highly competitive owing to the existence of large industry players with global presence ALMENDRAS LLOPIS S.A.U., Barry Callebaut, Bazzini, Besana, Blue Diamond Growers, CSM Group, Inc., Kanegrade, Kerry Group plc, Kondima Engelhardt GmbH & Co. KG, Lemke, Lubeca, Mandelin, Moll Marzipan GmBH
Polaris Market Research has segmented the nut products market report based on product type, nut type, application, quality, category, and regions:
Nut Products, Product Type Outlook (Revenue - USD Billion, 2018 - 2030)
Nut Butter
Nut Pastes/ Marzipan Paste/ Persipan Paste
Nut Fillings with Cocoa
Nut Fillings without Cocoa
Caramelized Nuts
Nut Flour
Nut Products, Nut Type Outlook (Revenue - USD Billion, 2018 - 2030)
Almonds
Hazelnuts
Walnuts
Cashews
Peanuts
Pistachios
Macadamias
Pecans
Pine Nuts
Brazil Nuts
Nut Products, Applications Outlook (Revenue - USD Billion, 2018 - 2030)
Industrial Food Manufacturers
Chocolate Confectionery Products
Bakery Products
Ice Cream & Frozen Desserts
Cereals & Snacks Bars
Beverages
Savoury Products
Food Service & Bakeries
Bakery Shops (Including Artisanal Bakeries)
Food Service (Restaurants, Cafes, and Hotels)
Nut Products, Quality Outlook (Revenue - USD Billion, 2018 - 2030)
Standard
Premium/Specialty
Nut Products, Category Outlook (Revenue - USD Billion, 2018 - 2030)
Conventional
Organic
Nut Products, Regional Outlook (Revenue - USD Billion, 2018 - 2030)
North America
U.S
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Figure 1. Global Nut Products Market, 2018 - 2030 (USD Billion)
Figure 2. Integrated Ecosystem
Figure 3. Research Methodology: Top-Down & Bottom-Up Approach
Figure 4. Market by Geography
Figure 5. Porter's Five Forces
Figure 6. Market by Product Type
Figure 7. Global Nut Products Market, by Product Type, 2021 & 2030 (USD Billion)
Figure 8. Market by Application
Figure 9. Global Nut Products Market, by Application, 2021 & 2030 (USD Billion)
Figure 10. Market by Category
Figure 11. Global Nut Products Market, by Category, 2021 & 2030 (USD Billion)
Figure 12. Market by Quality
Figure 13. Global Nut Products Market, by Quality, 2021 & 2030 (USD Billion)
Figure 14. Market by Nut Type
Figure 15. Global Nut Products Market, by Nut Type, 2021 & 2030 (USD Billion)