United States Nougat Market Set to Reach USD 525.7 Million by 2031 | Major Companies are Margaret River Nougat, Paton, Walters Macadamia.

DataM Intelligence has published a new research report on "Nougat Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

The Global Nougat Market reached USD 350.5 million in 2022 and is projected to witness lucrative growth by reaching up to USD 525.7 million by 2030. The market is growing at a CAGR of 5.2% during the forecast period 2024-2031.

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Nougat is a traditional confection made from sugar or honey, whipped egg whites, and nuts such as almonds or hazelnuts. It is widely recognized in varieties like French, Italian (torrone), Spanish (turrón), and Viennese. Nougat is often used as a filling in candy bars and as a standalone treat. Its texture ranges from chewy to crunchy, depending on the preparation method.

Key Players:

Margaret River Nougat, Paton, Walters Macadamia, Flying Swan, The Savanna, Hawaiian, Quaranta, Golden Bonbon, Mondo Nougat and Chabert Et Guillot.

Key Development:

United States: Recent Nougat Market Developments

✅ In August 2025, Ferrero announced the launch of its new premium nougat line, featuring organic almonds and honey sourced from sustainable farms. This initiative aims to cater to the growing demand for high-quality, artisanal confectionery products.

✅ In July 2025, Nestlé expanded its nougat product range by introducing a sugar-free variant, responding to increasing consumer health consciousness and the demand for healthier snack options.

✅ In June 2025, Hershey's invested $50 million in upgrading its production facilities to incorporate energy-efficient technologies, aligning with sustainability goals and enhancing production capacity for nougat products.

Japan: Recent Nougat Market Developments

✅ In July 2025, Meiji Holdings launched a new line of nougat-infused chocolates, combining traditional Japanese flavors with classic nougat, aiming to attract both local and international consumers.

✅ In June 2025, Lotte Confectionery announced a partnership with local almond growers to ensure a steady supply of high-quality almonds for its nougat products, supporting local agriculture and ensuring product quality.

✅ In May 2025, Morinaga & Co. introduced a limited-edition nougat bar featuring matcha and azuki bean flavors, tapping into the growing trend of incorporating traditional Japanese ingredients into confectionery products.

Growth Forecast Projected:

The Global Nougat Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Nougat Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

By Type (White, Brown, Others)

By Distribution Channel (Retail Stores, Online Retailers, Confectionery and Specialty Shops, Others)

Regional Analysis for Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Nougat producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Nougat revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ's

Q1: What is the current size of the Nougat Market?

A: The Global Nougat Market reached USD 350.5 million in 2022 and is projected to witness lucrative growth by reaching up to USD 525.7 million by 2030.

Q2: How fast is the Nougat Market growing?

A: The market is growing at a CAGR of 5.2% during the forecast period 2024-2031.

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