"Market Intelligence that Adds Flavour to Your Success"

Nut Market Size, Share & Industry Analysis, By Category (Conventional, Organic), By Type (Almond, Peanuts, Walnuts, Cashews, Others), By Distribution Channel (Supermarkets/Hypermarkets, Online Retail Stores, Retail Stores, Others) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI104995 | Status : Ongoing

 

KEY MARKET INSIGHTS

Nut Market production over time has practiced several modifications in terms of mechanization, improved planting material to enhance and support quantity and quality. These modifications have brought in convincing results in agro-ecological management systems and associated cropping systems. Nut growers have various competitive advantages in the cultivation of high-quality nuts, and there is an opportunity to commercialize, diversify and integrate the sector into the international market. The significant development of the industry in the production-extension, added-value, commercialization, sector-organization, and export-process areas are predicted to support the steady growth of the nut industry.


The companies operating in the market are embarking on organic farming to attract large number of health-conscious consumers. Moreover, the rising application of raw nuts and nutmeals in cooking and blends in snacks such as trail mixes is predicted to increase global nut cultivation in forthcoming years. For instance, in March 2020, Sports nutrition brand Acti-Snack has introduced a new range of healthy snack mixes. The product is available in three variants: Natural Nut, Fruit and Nut, and Nut and Seed.

Modernization and technology are the driving forces behind the growth of the global nut industry. Modernization and adoption of advanced technology assure to completely harvest the potentials that the global nut industry offers. Moreover, digitalization of the industry can be a game-changer in supporting and accelerating industry transformation across the globe. The increasing focus of the nut producers to utilize advanced digital solutions for sales and marketing of their product is likely to impact the growth trajectory of the market positively. The ongoing research activities for the development of advanced mechanical solutions for cleaning and calibrating raw material, peeling and sorting, and shelling are expected to drive the global nut market in upcoming years.

Despite being a healthy snacking option, the high amount of calories and fats, which is liable for the increasing obesity, is one of the major factors hindering the growth of global nut market. Furthermore, the prevalence of nut allergy among specific population group is expected to further hamper the market growth.

Up Arrow

Key Market Driver -

Increasing Demand for Nuts and Nutmeals

Down Arrow

Key Market Restraint -

Rising Prevalence of Obesity


Key Players Covered:


The prominent players operating in the global nut market are


  • Honeyville Inc

  • Blue Diamond Growers

  • Royal Nut Company

  • Braden Farms Inc.

  • Sun Organic Far

  • HBS Natural Choice

  • South Valley Farms

  • Ludlow Nut Co Ltd.

  • Tierra Farm


Although conventional nut segment is expected to hold significant share in the global market, but rising consumer inclination towards clean-label and organic food products can have major impact on the organic nut farming in the  upcoming years. The high profit associated with organic nut farming coupled with increasing utilization of organic nuts in the production of clean-label processed foods are anticipated to increase the area under cultivation of organic nuts.

The almond segment is expected to accounts largest share in the global nut market. The increasing awareness among consumers regarding the health benefits of almond due to its high vitamin and protein content is predicted to amplify their demand. Moreover, several associations and organizations promote research, education, and consumer awareness campaigns to increase nut consumption, especially almond, which is predicted to support the steady growth of the almond market. The demand for cashews and walnuts is growing on account of their desirable taste, rising cultivation across producing nations, and favourable trade scenarios.

The Supermarket/ Hypermarket segment is expected to hold the largest share in the global nut market followed by the e-commerce platforms. The heavy discounts offered by supermarkets to attract the consumers and the well-organized and separate shelves arrangement for nuts are anticipated to boost the sales of the product through hypermarket/supermarkets. The doorstep delivery offered by online channels, continued increases in mobile adoption, and broadband penetration, particularly in the developing regions, have helped boost online nut sales.

Regional Analysis:


Asia Pacific is anticipated to grow at healthier pace in the global nut market, owing to increasing area under nut cultivation, high prices of nut in markets around the world, and rising per capita income of Asian consumers. Moreover, the increasing focus on the adoption of novel technologies to process more nuts is expected to increase the region’s share in the global nut market.

North America is predicted to accounts largest share in the global market, owing to high disposable income, increasing expenditure on health and wellness, and growing demand and consumption of nutmeals. Nuts, such as peanuts and almonds, have gained an outstanding reputation in the region for being a healthy snacking substitute with their comparatively low-fat content and healthy omega-3 fats. 

To gain extensive insights into the market, Request for Customization


Nut Market Segmentation Analysis


























 ATTRIBUTE

  DETAILS

By Category



  • Conventional

  • Organic



By Type



  • Almond

  • Peanuts

  • Walnuts

  • Cashews

  • Others



By Distribution Channel



  • Supermarkets/Hypermarkets

  • Online Retail Stores

  • Retail Stores

  • Others



By Geography



  • North America (U.S., Canada, and Mexico)

  • Europe (Germany, France, Italy, Spain, U.K., Russia, and Rest of Europe)

  • Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)

  • South America (Brazil, Argentina, and Rest of South America)

  • Middle East & Africa (South Africa, UAE, and Rest of ME&A)



Key Industry Developments:


  • In October 2019, Olam International Limited announced that the company has signed a purchase agreement to acquire a 100% interest in leading Californian almond processor and ingredient manufacturer Hughson Nut Inc. (HNI). This acquisition can help Olam to increase its footprint in the global market.

  • In December 2017, Gladstone Land Corporation has acquired an organic almond orchard in California for approximately USD 5.9 million. This acquisition can help the company to expand their production capabilities in the upcoming years.





  • Ongoing
  • 2023
  • 2019-2022
  • Pre Book
Multi-report Purchase Plan
    A Customized Plan Will be Created Based on the number of reports you wish to purchase
Food & Beverages Clients
Mckinsey
Nissin
Ferrero
Daesang
RMIT
Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X