The global market for Edible Nuts is estimated at US$303.5 Billion in 2023 and is projected to reach US$459.1 Billion by 2030, growing at a CAGR of 6.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the edible nuts market is driven by several factors. The trend towards plant-based and vegan diets has significantly boosted the demand for nuts as a primary source of protein and healthy fats. Also, the increasing consumer preference for convenient and nutritious snacking options has led to a proliferation of nut-based products. Innovations in food processing technology have enabled manufacturers to develop new products such as nut milks, spreads, and fortified snacks, broadening their appeal. Thirdly, the emphasis on clean-label and organic products has spurred the growth of organic nut farming, meeting the demand for natural and minimally processed foods. Additionally, the growing awareness and concern about food allergies have prompted the industry to enhance labeling and product transparency, further building consumer trust. Lastly, e-commerce and improved distribution networks have made nuts more readily available to a global audience, supporting market expansion. These drivers collectively contribute to the robust growth and dynamic evolution of the edible nuts market.
The growth in the edible nuts market is driven by several factors. The trend towards plant-based and vegan diets has significantly boosted the demand for nuts as a primary source of protein and healthy fats. Also, the increasing consumer preference for convenient and nutritious snacking options has led to a proliferation of nut-based products. Innovations in food processing technology have enabled manufacturers to develop new products such as nut milks, spreads, and fortified snacks, broadening their appeal. Thirdly, the emphasis on clean-label and organic products has spurred the growth of organic nut farming, meeting the demand for natural and minimally processed foods. Additionally, the growing awareness and concern about food allergies have prompted the industry to enhance labeling and product transparency, further building consumer trust. Lastly, e-commerce and improved distribution networks have made nuts more readily available to a global audience, supporting market expansion. These drivers collectively contribute to the robust growth and dynamic evolution of the edible nuts market.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Peanuts segment, which is expected to reach US$132.3 Billion by 2030 with a CAGR of a 6.9%. The Cashews segment is also set to grow at 6.6% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $79.0 Billion in 2023, and China, forecasted to grow at an impressive 9.7% CAGR to reach $111.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Edible Nuts Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Edible Nuts Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Edible Nuts Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Archer Daniels Midland Company, Blue Diamond Growers, Diamond Foods, LLC., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 107 Featured):
- Archer Daniels Midland Company
- Blue Diamond Growers
- Diamond Foods, LLC.
- John B. Sanfilippo & Son, Inc. (JBSS)
- KP Snacks Limited
- Mariani Nut Company
- Olam International Limited
- Select Harvests Limited
- Waterford Nut Company
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Archer Daniels Midland Company
- Blue Diamond Growers
- Diamond Foods, LLC.
- John B. Sanfilippo & Son, Inc. (JBSS)
- KP Snacks Limited
- Mariani Nut Company
- Olam International Limited
- Select Harvests Limited
- Waterford Nut Company
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 226 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 303.5 Billion |
Forecasted Market Value ( USD | $ 459.1 Billion |
Compound Annual Growth Rate | 6.1% |
Regions Covered | Global |
No. of Companies Mentioned | 9 |