Global Nut Ingredients Market, By Type (Peanut, Almond, Walnut, Cashew, Pistachio, Pecan, Hazelnut and Others), Form (Roasted, Paste and Granular), Application (Snacks and Bar, Chocolate and Confectionery, Meals and Meal Centres, Bakery Products, Desserts and Ice Cream, Dairy, Breakfast Cereals, Beverages, Spreads, Sauces and Seasonings and Others), End User (Industrial and Commercial), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights of Nut Ingredients Market
Data Bridge Market Research analyses that the global nut ingredients market will project a CAGR of 5.9% for the forecast period of 2021-2028. Growth and expansion of the food and beverages industry, ever-rising population around the globe, rising consumer consciousness towards high quality, healthy and nutritional food products such as almonds, surging health awareness among the individuals in this fast paced lifestyle and increasing personal disposable income by the major companies are the major factors attributable to the growth of nut ingredients market.
Nuts are the oily kernels that are rich in vitamin E, iron, fibre, protein, high level of unsaturated fat and other vitamins and minerals. Consumption of nuts leads to fighting cardiovascular diseases. As a result, nut ingredients are used in a wide range of food items. Nut ingredients are beneficial in product formulations.
Rising application of nut ingredients in snacks and confectionary items is a major factor fostering the growth of the nut ingredients market. Changing and evolving lifestyle, growth in the penetration of e-commerce platforms especially in the developing economies, growing popularity of convenience and processed food items, increased sales of nuts and nut meal products and rising urbanization and globalization are other important factors acting as nut ingredients market growth determinants. Rising awareness about the health benefits of cashews, almond, hazelnut and other nuts, surging prevalence of obesity and high cholesterol related problems and growing focus of the manufacturers on the introduction of preventive healthcare products will further induce growth in the nut ingredients market value.
However, unfavourable conditions arising out of covid-19 restrictions will pose a major challenge to the growth of the nut ingredients market. High costs of nuts and expensive research and development activities will also hamper the nut ingredients market growth rate. Rising disruption in logistics facilities and scarcity of raw materials will yet again derail the nut ingredients market growth rate.
This nut ingredients market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on nut ingredients market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Nut Ingredients Market Scope and Market Size
The nut ingredients market is segmented on the basis of type, form, application and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the nut ingredients market is segmented into peanut, walnut, almond, cashew, hazelnut, pistachio, pecan and others.
- On the basis of form, the nut ingredients market is segmented into granular, paste and roasted.
- On the basis of application, the nut ingredients market is segmented into snacks and bar, chocolate and confectionery, bakery products, spreads, sauces and seasonings, desserts and ice cream, meals and meal centers, breakfast cereals, dairy, beverages and others.
- On the basis of end users, the nut ingredients market is segmented into industrial and commercial.
Nut Ingredients Market Country Level Analysis
The nut ingredients market is analyses and market size, volume information is provided by country, type, form, application and end user as referenced above.
The countries covered in the nut ingredients market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
Europe region dominates the nut ingredients market and will continue to during the forecast period owing to the strong demand for different convenience and packaged food products and rising innovations in the packaging technology. Asia-Pacific is set to undergo substantial gains and score the highest CAGR for this period owing to the growth and expansion of food and beverages industry, growing demand for processed food items, ever-rising population base, surging awareness about the health benefits of nuts, rising urbanization and increasing personal disposable income.
The country section of the nut ingredients market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Nut Ingredients Market Share Analysis
The nut ingredients market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to nut ingredients market.
The major players covered in the nut ingredients market report are ADM, Royal Nut Company., TREEHOUSE ALMONDS, The Wonderful Company LLC., Kanegrade., SAVENCIA SA, BORGES AGRICULTURAL & INDUSTRIAL NUTS, S.A, JOHN B. SANFILIPPO & SON, INC., Blue Diamond Growers, Barry Callebaut, Olam International, Sahale Snacks, Inc., THE HERSHEY COMPANY, Russell Stover Chocolates, LLC., Sanitarium, Bob’s Red Mill Natural Foods., Döhler, OLOMOMO Nut Company. and Jonny Almond Nut Company. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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