The global nut
products market foreseen to grow by 6.1%, from USD 1.62 Billion in 2021 to USD 2.60
Billion in 2029. Rising health awareness led to evolving dietary patterns, robust
growth projections for the bakery and confectionery sectors, preventive
healthcare–emerging dietary approaches to address lifestyle diseases, nuts as
major ingredients in new product developments are some of the factors driving
the market for the estimated forecast period. However, availability and
fluctuating costs for nuts as raw material allergenicity concerns for nut-based
ingredients is seen to hamper the market growth for the estimated period.
Market Definition
What is Nut products?
Nuts are actually
fruits. They are defined as dry, single-seeded fruits that have high oil
content.
Market Overview
The
Nut products market search study helps to thoroughly understand the
current trend in the market competitive analysis of the players in the emerging
market. Moreover, the DRO in the Nut products market offers valuable
perspicuity and a current scenario for making the right decision. The research
study covers the eminent players in the market with a detailed analysis of the
company and a financial overview containing their net sales, business mix and
geographical reach It mainly focuses on the key developments of the products/services
offered by the company in recent years. Besides, we at Zettabyte have the
expertise to analyses the global Nut products market player's competitive
landscape helping the client comprehend their specific strategic growth
approaches.
Nut products
Market study by "Zettabyte Analytics" offers details about the market
scope, market segmentation, technological advancement in the Nut products
market and highlights the optimistic, competitive landscape and trends enduring
over the years.
Major players in
the Nut products market include Almendras Llopis
S.A.U., Barry Callebaut, Bazzini, Besana, Blue Diamond Growers, Business
Strategy, Capacity Portfolio, Csm, Global Presence, Kanegrade, Kerry Group,
Kondima, Lemke, Lubeca, Mandelin, Inc, Moll Marzipan Gmbh, Mount Franklin
Foods, Olam International, Puratos, Recent Developments, Royal Nut Company,
Stelliferi & Itavex S.P.A (Acquirer: Ferrero International S.A.), Sucrest
Gmbh (Subsidiary Of Kerry Group), Treehouse Almonds, Zentis Gmbh & Co. Kg
COVID-19 Impact on Global Nut
Products Market
The global impact
of COVID-19 has lost millions of lives with a massive cost to the healthcare
system. Moreover, the treatment cost for patients with COVID-19 has also had a
financial impact globally. The impact of COVID-19 on the Nut products Market has
forced the companies to change their sourcing, pricing, and promotion
strategies. The Nut products market players are seen focusing more on
optimizing the E-commerce networks with the rising innovations in the digital
sector, which are creating new business models for the food and beverage
industry player.
Research Scope
The report
provides market value for the base year 2021 and a yearly forecast from 2022 to
2029 in revenue (USD Million/ Billion). The market for each segment is present
in North America, Europe, Asia Pacific, Latin America, Middle East &
Africa, and the regional basis for the forecast mentioned above.
Key industry
dynamics, regulatory scenarios, major material dynamics and Nut products Market
future markets are analyzed to understand their impact on demand for the
forecast period. Growth rates have been estimated using correlation, regression
and time-series analysis.
Market Segmentation
For the purpose
of this report, the global Nut products market segmented on the basis of type, nut
type, distribution channel, application, and region:
Type
|
Caramelized nuts
|
Nut butters
|
Nut fillings with cocoa
|
Nut fillings without
cocoa
|
Nut flours
|
Nut pastes/Marzipan
pastes/Persipan pastes
|
|
|
Nut Type
|
Almonds
|
Brazil nuts
|
Cashews
|
Hazelnuts
|
Macadamias
|
Peanuts
|
Pecans
|
Pine nuts
|
Pistachios
|
Walnuts
|
|
|
Distribution Channel
|
Hypermarkets/Supermarkets
|
Online Retail Stores
|
Convenience Stores
|
Other Distribution
Channels
|
|
|
Application
|
Chocolate confectionery
products
|
Bakery products
|
Ice-cream and frozen
deserts
|
Cereals & snack bars
|
Beverages
|
Savory products
|
Type Outlook:
On the basis of
type, the market is segmented into caramelized nuts, nut butters, nut fillings
with cocoa, nut fillings without cocoa, nut flours, nut pastes/marzipan
pastes/persipan pastes.
Figure 1 Nut products Market By Type (Market
Size And Forecast By Value USD Million, 2021 & 2029)

Nut type Outlook:
On the basis of
nut type, the market is segmented into almonds, brazil nuts, cashews,
hazelnuts, macadamias, peanuts, pecans, pine nuts pistachios, walnuts.
Figure 2 Nut type Outlook (Revenue, USD
Million, 2021)

Application
Outlook:
On the basis of application, the market is segmented into
chocolate confectionery products, bakery products, ice-cream and frozen
deserts, cereals & snack bars, beverages, savory products.
Figure 4 Application Outlook
(Revenue, USD Million, 2021)