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Global Nut Ingredients Market Analysis 2025-2030: Growth Drivers, Challenges, And Opportunities
The Nut Ingredients Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].How Big Is the Nut Ingredients Market Size Expected to Be by 2034?
In recent years, the market size for nut ingredients has significantly expanded. Predictions estimate that this market will increase from its 2024 value of $24.84 billion to $26.33 billion by 2025, reflecting a compound annual growth rate (CAGR) of 6.0%. The rising health consciousness, growth of the snack food industry, heightened nutritional awareness, innovation in the development of food products, increased disposable income, and a shift towards healthier snacking options all contributed to this historical growth.
There is a strong anticipation for the nut ingredients market size to expand substantially in the upcoming years. This sector will balloon to a worth of $33.74 billion by 2029, boasting a compound annual growth rate (CAGR) of 6.4%. The predicted growth over the forecast period is linked to the escalating production of nut-oriented spreads, burgeoning demand for gluten-free commodities, integration into the health and wellness industry, creative use of nuts in beverages, a burgeoning market for nutritional bars, and emphasis on sustainable and ethical sourcing. Key trends for the forecast period consist of the broadening array of nut-augmented product offerings, prioritizing clean labeling and organic constituents, advances in nut-based dairy substitutes, introduction of nuts in candy production, and commitment to sustainable and ethically sourced ingredients.
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What Are the Emerging Segments Within the Nut Ingredients Market?
The nut ingredients market covered in this report is segmented -
1) By Type: Cashews, Walnuts, Almonds, Hazelnuts
2) By Form: Roasted, Chopped, Raw, Powdered
3) By Application: Snacks And Bars, Confectionary, Baked Products, Dairy Products, Beverages, Other Applications
Subsegments:
1) By Cashews: Raw Cashews, Roasted Cashews, Cashew Butter
2) By Walnuts: Chopped Walnuts, Ground Walnuts, Walnut Oil
3) By Almonds: Whole Almonds, Sliced Almonds, Almond Flour, Almond Butter
4) By Hazelnuts: Whole Hazelnuts, Chopped Hazelnuts, Hazelnut Oil
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What Long-Term Drivers Are Shaping Nut Ingredients Market Trends?
The escalating numbers of obesity cases are anticipated to spur the market for nut ingredients in the future. Obesity, defined as an unusual or excessive accumulation of fat that raises health concerns, is known to be mitigated by certain nut ingredients. Nuts such as hazelnuts, pine nuts, peanuts, and walnuts can crucially lower both positive and negative cholesterol ranges, reducing obesity risk. As such, the growing incidence of obese individuals is magnifying the demand for these nut ingredients. To exemplify, the World Health Organization (WHO), a UN body based in Switzerland dedicated to global health matters, revealed in March 2022 that obesity affected 650 million adults, 340 million adolescents, and 39 million children globally, a count that continues to surge. It is projected that, by 2025, 167 million adults and children will have compromised health due to being overweight or obese. Consequently, the accelerating obesity rates are fueling the growth of the nut ingredients market.
Who Are the Top Competitors in Key Nut Ingredients Market Segments?
Major companies operating in the nut ingredients market are Archer-Daniels-Midland Company, Olam International Limited, Barry Callebaut AG, Kanegrade Flavours & Ingredients Pvt. Ltd., The Hershey Company, Bredabest BV, Terri Lynn Inc., Cache Creek Foods, Royal Nut Company, Helios Ingredients Ltd., Bergin Fruit and Nut Company, Western India Cashew Company, Savencia SA, Borges Agricultural and Industrial Nuts SA, John B. Sanfilippo & Son Inc., Blue Diamond Growers, Treehouse Foods Inc., Kanegrade Limited, Olde Tyme Foods Inc., Hampton Farms Inc., Johnvince Foods Company, The Wonderful Company LLC, Mariani Nut Company, SunOpta Inc., Golden Peanut Company LLC, Glanbia Nutritionals Inc., Ingredion Incorporated, Kerry Group PLC, MGP Ingredients Inc., NOW Foods, Prinova Group LLC
What Nut Ingredients Market Trends Are Gaining Traction Across Different Segments?
The trend of product innovations is gaining traction in the nut ingredients market. Key players in this market are aiming to maintain their market stance by introducing novel products that incorporate nut ingredients. For example, in January 2023, ProV Foods Private Limited, a food product company based in India, unveiled ProV Minis, a product specifically designed for the Indian market. These are conveniently sized snack packs filled with flavored dry fruits, nuts, and seeds, positioning them as the ideal choice for healthy, portable nutrition. They present a nutritious and handy substitute for breakfast or school lunch. The preliminary flavors of ProV Minis include Cashew Roasted & Salted, Nut & Seed Mix, Cashew Creamy Cheese, Cashew Cracked Pepper, Almonds Roasted & Salted, and Almonds Piri Piri.
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Which Regions Are Becoming Hubs for Nut Ingredients Market Innovation?
North America was the largest region in the nut ingredients market share in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the nut ingredients market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Nut Ingredients Market?
2. What is the CAGR expected in the Nut Ingredients Market?
3. What Are the Key Innovations Transforming the Nut Ingredients Industry?
4. Which Region Is Leading the Nut Ingredients Market?
Why This Report Matters:
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Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
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