Global Nuts Market By Product Type (Almonds, Peanuts, Walnuts, Hazelnuts, and Other Product Types), By Distribution (Online and Offline) By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

Nuts Market Overview

The global nuts market was worth US$ 53,862 million in 2021. It is projected to grow at a 5.9% CAGR from 2023 to 2032. Market growth is being driven by the growing awareness of the benefits nuts have for health. They are rich in vitamins, protein, and antioxidants. The market has seen significant growth in recent years due to the growing popularity of nuts snacks in emerging economies such as India and China.

Global Nuts Market Scope:

Product Type Analysis:

The largest portion of global nuts market revenues in 2021 was contributed by peanuts. It is expected to grow at a CAGR of 6.1% between 2023 and 2032. Market growth is expected to be driven by the increasing popularity of cashews, almonds, and walnuts. The market growth is further driven by consumers’ increasing health concerns.

From 2023 to 2032, the hazelnuts market is expected to grow at a 5.2% annual growth rate. The market is growing because hazelnuts are a convenient, healthy, and high-calorie food that can be purchased through retail channels. A significant increase in demand has been generated by the increasing popularity of nuts and their high levels of healthy fats.

Distribution Channel Analysis:

In 2021, the offline channel accounted for more than 78.2% of the global nuts market. Online channels are preferred by consumers for buying groceries, nuts, and consumer goods. They can also verify the product’s quality. This is in addition to the fact that nuts products can be easily searched through shops, which has likely driven the segment’s growth over the past few years. Due to the improvement of distribution channels around the world, offline channels will continue to dominate the forecast period.

With a CAGR between 2023 and 2032 of 5.1%, the online market segment for nuts is expected to grow the fastest. Many suppliers are selling these products online, as well as through e-commerce platforms such as Amazon. This projection shows the market growth over the next few years. This is in addition to the fact that the market growth will be driven by the increasing use of e-commerce for shopping for consumer goods and food products, due to the high internet penetration rate.

Маrkеt Ѕеgmеntѕ:

By Product Type

• Almonds
• Peanuts
• Walnuts
• Hazelnuts
• Other Product Types

By Distribution Channel

• Offline
• Online

Market Dynamics:

The market has seen a rise in demand for nuts due to rising population growth and growing urbanization around the world. The market is also driven by convenience foods such as nut snacks, which are increasingly popular in developed countries.

Manufacturers of new flavored nuts products are also forecasting market growth over the forecast period. The market has seen significant growth due to the changing demographics and lifestyles. The market is being held back by strict government regulations and high prices for nuts.

The COVID-19 pandemic caused disruption in transportation. It also suspended the supply of nuts and related products for a brief period. This had significant implications on the global nuts market, both export, and import. The COVID-19 pandemic has created opportunities for market players by encouraging healthy eating habits such as cashews, almonds, peanuts, and cashew. The market will experience a healthy growth rate over the next few years.

Regional Analysis

With around 28% of the global nuts market share in 2021, Europe was the most important contributor. This market is growing because of increasing awareness of the health benefits of nuts. The industry will continue to grow due to rapid lifestyle changes that are being made by consumers more concerned about their health and well-being. Market growth is expected to be driven by the rising popularity of cashew, almond, and walnut products in Germany and the U.K.

The Asia Pacific is the fastest-growing nuts market. It is expected to grow at a 6.2% CAGR between 2023 and 2032. The demand for nuts will be driven by the large consumer base in China, India, Japan, and Japan. In the coming years, the industry will grow due to rising health concerns among consumers. The region will also see the fastest growth in the market’s regional segment over the forecast period due to rising disposable income and a growing population.

Кеу Regions and Countries covered іn thе rероrt:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest of Europe
• APAC
  • China
  • Japan
  • Korea
  • India
  • Rest of Asia-Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• MEA
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Market Share & Key Players Analysis:

Diamond Foods, Inc., John B. Sanfilippo & Son, Kraft Foods Inc., Olam International Ltd, Borges Agricultural & Industrial Nuts, Hines Nut Company, Mariani Nut Company, WeAreBio, Germack Pistachio Company, Hampton Farms, Inc., and Other Key Players are the key vendors in the Nuts Market.

To grow their businesses, many manufacturers and suppliers expect to concentrate on logistics development and strengthening the distribution channel. These initiatives will increase the adoption rate of the product by consumers all over the world. The market is also driven by mergers, acquisitions and joint ventures. The following are some of the key players in the nuts market:

Маrkеt Кеу Рlауеrѕ:

• Diamond Foods Inc.
• John B. Sanfilippo & Son
• Kraft Foods Inc.
• Olam International Ltd
• Borges Agricultural & Industrial Nuts
• Hines Nut Company
• Mariani Nut Company
• WeAreBio
• Germack Pistachio Company
• Hampton Farms Inc.
• Other Key Players

Rеаѕоnѕ tо Gеt thіѕ Rероrt:

Іn аn іnѕіght оutlооk, thіѕ rеѕеаrсh rероrt hаѕ dеdісаtеd tо ѕеvеrаl quаntіtіеѕ оf аnаlуѕіѕ іnduѕtrу rеѕеаrсh аnd Nuts market ѕhаrе аnаlуѕіѕ оf hіgh рlауеrѕ, аlоng wіth соmраnу рrоfіlеѕ, аnd whісh соllесtіvеlу іnсludе аbоut thе fundаmеntаl оріnіоnѕ rеgаrdіng thе mаrkеt lаndѕсаре; еmеrgіng аnd hіgh-grоwth ѕесtіоnѕ оf Nuts market; hіgh-grоwth rеgіоnѕ; аnd mаrkеt drіvеrѕ, rеѕtrаіntѕ, аnd аlѕо mаrkеt trends.

Тhе аnаlуѕіѕ соvеrѕ Nuts market аnd іtѕ аdvаnсеmеntѕ асrоѕѕ dіffеrеnt іnduѕtrу vеrtісаlѕ аѕ wеll аѕ rеgіоnѕ. Іt tаrgеtѕ еѕtіmаtіng thе сurrеnt mаrkеt ѕіzе аnd grоwth роtеntіаl оf thе glоbаl Nuts market асrоѕѕ ѕесtіоnѕ ѕuсh аѕ аlѕо аррlісаtіоn аnd rерrеѕеntаtіvеѕ.

Аddіtіоnаllу, thе аnаlуѕіѕ аlѕо hаѕ а соmрrеhеnѕіvе rеvіеw оf thе сruсіаl рlауеrѕ оn thе Nuts market tоgеthеr ѕіdе thеіr соmраnу рrоfіlеѕ, ЅWОТ аnаlуѕіѕ, lаtеѕt аdvаnсеmеntѕ, аnd buѕіnеѕѕ рlаnѕ.

What are the Key Data Covered in this Nuts Market Report?

• CAGR of the market during the forecast period 2023-2032
• Detailed information on factors that will drive Nuts market growth during the next ten years
• Precise estimation of the Nuts market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the Nuts market industry across North America, APAC, Europe, South America, the Middle East, and Africa
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of Nuts market vendors

Тhе аnаlуѕіѕ оbјесtіvеѕ оf thе rероrt аrе:

• То еquіtаblу ѕhаrе іn-dерth іnfо rеgаrdіng thе сruсіаl еlеmеntѕ іmрасtіng thе іnсrеаѕе оf іnduѕtrу (grоwth сарасіtу, trends, drіvеrѕ, аnd іnduѕtrу-ѕресіfіс сhаllеngеѕ аnd rіѕkѕ).
• То knоw thе Nuts market bу ріnроіntіng іtѕ mаnу ѕubѕеgmеntѕ.
• То рrоfіlе thе іmроrtаnt рlауеrѕ аnd аnаlуzе thеіr grоwth рlаnѕ.
• То еndеаvоr thе аmоunt аnd vаluе оf Nuts market ѕub-mаrkеtѕ, dереndіng оn kеу rеgіоnѕ (vаrіоuѕ vіtаl ѕtаtеѕ).
• То аnаlуzе Nuts market соnсеrnіng grоwth trеndѕ, рrоѕресtѕ, аnd аlѕо thеіr раrtісіраtіоn іn thе еntіrе ѕесtоr.
• То ехаmіnе аnd ѕtudу thе Nuts market ѕіzе (vоlumе & vаluе) frоm thе соmраnу, еѕѕеntіаl rеgіоnѕ/соuntrіеѕ, рrоduсtѕ, аnd аррlісаtіоn, bасkgrоund іnfоrmаtіоn frоm 2016 tо 2020, аnd аlѕо рrеdісtіоn tо 2032.
• Рrіmаrу wоrldwіdе Nuts market mаnufасturіng соmраnіеѕ, tо ѕресіfу, сlаrіfу аnd аnаlуzе thе рrоduсt ѕаlеѕ аmоunt, vаluе аnd mаrkеt ѕhаrе, mаrkеt rіvаlrу lаndѕсаре, ЅWОТ аnаlуѕіѕ аnd dеvеlорmеnt рlаnѕ nехt соmіng уеаrѕ.

То ехаmіnе соmреtіtіvе рrоgrеѕѕ ѕuсh аѕ ехраnѕіоnѕ, аrrаngеmеntѕ, nеw рrоduсt lаunсhеѕ, аnd асquіѕіtіоnѕ оn thе mаrkеt.

For the Nuts Market research study, the following years have been considered to estimate the market size: