Thriving Demand of Edible Nuts Market 2020 Is Probable To Show High Growth In Forthcoming Period by 2027

Edible nuts are dried fruits consumed worldwide and are an important source of nutrients such as fiber, potassium, vitamin A, iron, and Vitamin K. Edible nuts include almonds, cashew nuts, hazelnuts, walnuts, pistachios, chestnuts, and Brazil nuts. Edible nuts are used across various food &beverage applications such as desserts, bakery, snacks, etc. Edible nuts are widely consumed around the globe and are rich in various essential nutrients such as minerals, fiber, potassium, and calcium. Edible nuts are also rich in other vitamins such as vitamin K, vitamin A, and iron. Peanuts, almond, hazelnuts, pistachios, cashew nuts and walnuts are some of the edible nuts.

The global edible nuts market is projected to reach around US$ 339,405.7 million by the end of 2027, in terms of revenue, growing at CAGR of 5.8% during the forecast period (2020-2027).

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Increasing adoption of a healthy lifestyle among consumers has increased the consumption of edible nuts. Moreover, consumers have become more conscious about their intake and diet due to which there has been a significant rise in the consumption of nuts such as walnuts, almond, pistachios, hazelnuts, and cashew nuts.

Increasing production capacities of the edible nuts by major producers through mergers and acquisitions are expected to be a major trend in the market growth. For instance, in October 2019, Olam International has expanded its capacity in almond ingredients with the $54 million acquisition of Californian almond processor Hughson Nut Inc. (HNI). HNI’s processing capabilities allow it to offer a “fully integrated solution” across the almond value chain from the US, including processed whole nuts and value-added ingredients.

Detailed Segmentation:

• Global Edible Nuts Market, By Product Type:
o Almond
o Cashew nuts
o Hazelnuts
o Peanuts
o Pistachios
o Walnuts

• Global Edible Nuts Market, By Application:
o Bakery & Confectionery
o Breakfast Cereals
o Butter & Spreads
o Dairy Products
o Flavored Drinks
o Snacks
o Others

Growing demand for edible nuts as an ingredient due to their excellent properties longer shelf life, crunchiness, and high nutritional value is expected to bring new opportunities. They are widely used in yogurts, artisan crackers, ice-creams, and pastries, etc. Thus, the growing use of edible nuts as an ingredient in various food products is projected to foster market growth in the near future.

Reasons for purchasing this Report:

- Insightful information regarding the Edible Nuts Market
- Identification of growth in various segments and sub-segments
- Strategic recommendations for investment opportunities
- Complete and distinct analysis of the market drivers and restraints
- The market study includes Market valuations and forecast for the upcoming years
- Accelerates the decision-making process through the availability of the drivers and limitations

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