Press release
Tree Nuts Market Research, Size, Share, Trend, Global Analysis, Leading Key Players Review and Forecast 2018 to 2022
The global market for Tree Nuts has witnessed continued demand during the last few years and is projected to reach 15,856.49 kilo tons by 2022, at a CAGR of 3.46% by 2022. Increase in demand of Tree Nuts across bakery and confectionery industries and for culinary purposes are likely to drive the global Tree Nuts market. Cashew nuts is estimated to witness the higher growth rate (~5.52%). Advancements in technologies and high focus on R and D has led to innovations in the tree nuts flavors which is likely to attract the consumers resulting in higher sale of tree nuts.
By 2022, whole form of tree nuts will grow with a CAGR of 3.56% during the forecast period 2016-2022. Increase in disposable income is also having a positive impact on the consumption of tree nuts in the developed countries of various region. Tree Nuts has been very effective in reducing cholesterol content and managing body weight which is supporting its sale amongst the population of health conscious consumers.
Application of tree nuts in bakery and confectionery will continue to dominate the Tree Nuts market followed by the direct consumption/Culinary purpose based application. Bakery and confectionery will hold more than 30% market share and it is projected to grow with a CAGR of 3.44% by 2022. Application in flavored drinks will witness the higher growth rate (~3.96%) during forecast period 2016 to 2022. By 2022, flavored drinks will grow with a CAGR of 3.96%. The application of Tree Nuts in direct consumption/Culinary purpose will witness significant growth in upcoming years due to development in the economy of various countries and adoption of healthy lifestyle.
Asia-Pacific will continue to dominate the Tree Nuts market with more than 55% market share and it is projected to reach more than 8500 kilo tons with CAGR of 3.45% by 2022. South America will witness the higher growth rate (~5.58%) during forecast period 2016 to 2022. North America region will witness the growth of 2.77% in Tree Nuts market for the same period. Growing popularity of weight management nutrition and adoption of healthy eating trends in Asia-Pacific is driving the market of tree nuts in the region.
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Major Key Players:
This report includes a study of strategies such as mergers and acquisitions, product launches by the major Tree Nuts market players. It further includes product portfolios, developments of leading major players which includes.
Some of the key players profiled in the Global Herbal Medicinal Products Market Nature's Answer, Inc. (U.S.), ARKOPHARMA Laboratories, Company Ltd. (France), TSUMURA & CO. (Japan), Bio-Botanica Inc. (U.S.), Sanofi-Aventis Healthcare Pty Ltd. (Australia), Young Living Essential Oils LC (U.S.), Ricola AG (Switzerland)
Target Audience
Tree Nuts manufacturers
Bakery and Confectionery Industry
Flavored Beverages Industry
Dairy Industry
Retailers and wholesalers
Traders, importers and exporters
Key Findings
The Global Tree Nuts market is projected to reach 15,856 kilo tons by 2022 of 3.46%
Cashew nuts will continue to dominate the Tree Nuts market with 28.9% market share and it is projected to grow at a CAGR of 5.52% by 2022
Whole form will continue to dominate the Tree Nuts market with 52.9% market share and it is projected to grow at a CAGR of 3.56% by 2022
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The reports also cover country level analysis:
North America
US
Canada
Others
South America
Argentina
Brazil
Chile
Others
Europe
Spain
France
Ukraine
Greece
Portugal
Republic of Maldova
Italy
Rest of Europe
Asia – Pacific
China
India
Vietnam
Rest of APAC
RoW
Iran
Ivory Coast
Turkey
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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