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Nut Products Global Market Report 2024 Global Market Analysis, Trends, Growth, Research And Forecast 2033
Nut Products Global Market Report
As per the report, the nut products market size has grown strongly in recent years. It will grow from $3.96 billion in 2023 to $4.25 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The nut products market size is expected to see strong growth in the next few years. It will grow to $5.78 billion in 2028 at a compound annual growth rate (CAGR) of 8.0%.
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The Surge In Health-Conscious Consumers Driving Growth In The Nut Products Market
The rising number of health-conscious people is expected to boost the growth of the nut products market going forward. Health awareness is the knowledge and awareness of health, healthcare, medical needs, diseases, and preventive actions in general. Since there is a growing awareness of health and changing food preferences among consumers, there is a higher demand for nut products to provide many nutrients, antioxidants, and triglycerides. For instance, in May 2022, according to the International Food Information Council's (IFIC) food and health survey, 52% of Americans said they followed a diet or eating pattern in the past year, which represents an increase. Therefore, the rising number of health-conscious people is driving the growth of the nut products market .
Beech Nut Nutrition Unveils Innovative Crispeas Snack For Health Conscious Parents And Kids
Innovative products are a trend gaining popularity in the nut products market. The companies are increasingly focusing on bringing new innovative products into the market. For instance, in August 2022, Beech-Nut Nutrition Company, a Switzerland-based food production company that provides baby food products, launched a New Veggie-Forward Crispeas Snack in a novel snack form for toddlers and older kids. Crispeas are made by using a new format, the peas are converted into puffed pea mini sticks that have a crunchy texture with a savory, delicious flavor. This new snack innovation makes it simpler for parents to include fruits and vegetables in their kids' diets and it is non-GMO, gluten-free, and grain-free. Crispeas are the latest innovation added to Beech-Nut's snack portfolio, which also includes melties, mini-waffles with hidden veggies, and fruity oat bars.
The nut products market covered in this report is segmented -
1) By Product Type: Nut Butter, Nut Paste/Marzipan Paste/Persipan Paste, Nut Fillings with Cocoa, Nut Fillings without Cocoa, Caramelized Nuts, Nut Flour
2) By Nut Type: Almonds, Hazelnuts, Walnuts, Cashews, Peanuts, Pistachios
3) By Form: Roasted Form, Unroasted Form
4) By Category: Organic, Conventional
5) By Application: Industrial Food Manufacturers, Chocolate Confectionery Products, Bakery Products, Ice Cream and Frozen Desserts, Cereals and Snack Bars, Beverages, Savoury Products, Foodservice & Bakeries, Bakery Shops
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Major companies operating in the nut products market report are Olam International Limited, Barry Callebaut AG, Blue Diamond Growers, Kerry Group plc, Zentis GmbH & Co. KG, Mount Franklin Foods LLC, Mandelin Inc., Besana Group S.p.A., Lubeca GmbH, Puratos Group NV, Almendras Llopis S.A.U., Kanegrade Limited, Moll Marzipan GmbH, Kondima Engelhardt GmbH & Co. KG, Treehouse Almonds, Royal Nut Company, CSM Bakery Solutions LLC, Waterford Nut Company, Tierra Farm Inc., Hormel Foods Corporation, Honeyville Inc., Braden Farms Inc., Sun Organic Farms, HBS Natural Choice LLC, South Valley Farms, Ludlow Nut Co Ltd., Kar Nut Products Co., Lotte Corporation, Dori Alimentos S.A., Georgia Nut Company
Contents of the report:
1. Executive Summary
2. Nut Products Market Report Structure
3. Nut Products Market Trends And Strategies
4. Nut Products Market - Macro Economic Scenario
5. Nut Products Market Size And Growth
…..
27. Nut Products Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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