Press release
Nut Products Market Size, Share, Growth and Forecast Report 2023-2030
Nut Products Market OverviewNut products are used in many different food and beverage sectors, and the industry is driven by consumers' growing desire, particularly in the American region, for wholesome snacks. A nut is a fruit that has a hard, inedible shell and a normally edible seed. The pistils with inferior ovaries produce the majority of nuts.
The global market for nut goods is anticipated to be driven by consumers' growing preference for plant-based and gluten-free products as well as their increased awareness of health issues. Furthermore, some of the reasons propelling the growth of the worldwide nut products market include an increase in product launches, a rise in the demand for convenience meals, and an increase in the acceptance of nuts as food additives.
Nut Products Market Size and Growth Analysis
The global Nut Products Market is expected to exhibit a CAGR of 5.8% during the forecast period 2023-2030.
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Nut Products Market Dynamics
Consuming nuts is associated with a lower chance of developing chronic illnesses, and their byproducts, such cashew nuts, peanut hulls, and coconut shells, provide both food-preserving and antibacterial qualities. Moreover, the inclusion of vegetable protein, fatty acids, minerals, phytosterols, fiber, vitamins, and phenolics in nut products is thought to contribute to their positive health effects.
Consuming nuts reduces the amount of atherogenic LDL sub-fraction that is produced, which lowers the risk of heart attacks in people since nuts and their products have a low percentage of saturated fats and lower cholesterol. Consuming nut products protects consumers against oxidative stress, vascular reactivity, inflammation, hypertension, and metabolic syndrome, according to an NCBI study.
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Nut Products Market Segmentation Analysis
By Type
By Nut Type
By Application
By Region
Major Companies Covered
Olam International, Barry Callebaut, Blue Diamond Growers, Zentis GmbH & Co. KG, Mount Franklin Foods, and Kerry Group among others.
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