Nuts Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2021-2031

The Global Nuts Market is projected to expand from USD 61.71 Billion in 2025 to USD 87.14 Billion by 2031, reflecting a CAGR of 5.92%. This market includes the trade and consumption of nutrient-rich kernels, ranging from tree nuts like cashews, almonds, and walnuts to legumes such as peanuts. The primary growth factors are the increasing global appetite for plant-based proteins and a growing recognition of the health benefits associated with consuming healthy fats. To satisfy this consumption, agricultural output remains robust; according to the 'International Nut and Dried Fruit Council', global tree nut production for the 2024/2025 season was forecasted to reach 6.2 million metric tons in '2024', an 8% rise from the prior year.

Despite these favorable growth prospects, the industry encounters significant obstacles stemming from climate variability and its adverse effects on harvest yields. Factors such as water scarcity and extreme weather events in major cultivation areas introduce instability into the supply chain and volatility in pricing, which complicates future planning for suppliers. These environmental stressors threaten to interrupt consistent production outputs, potentially hindering the sector's capacity to maintain long-term market growth in the face of rising demand.

Market Drivers

The industry is primarily driven by rising global health consciousness and trends favoring preventive wellness, as consumers increasingly choose nutrient-dense whole foods over processed alternatives. This transition has required a strong international trade infrastructure to meet the demand for heart-healthy unsaturated fats and plant-based proteins worldwide. The intensity of this demand is highlighted by export data; according to the Almond Board of California's 'November 2024 Position Report', published in December 2024, export shipments totaled 98,414 metric tons for the month, a significant 21.9% increase year-over-year. Such activity indicates a fundamental shift in dietary patterns, where nuts are regarded as essential daily nutrition for long-term health rather than just seasonal indulgences.

In parallel, innovation in seasoned, flavored, and premium roasted nuts is crucial for maintaining market value and attracting younger consumers. Manufacturers are focusing heavily on value-added processing to distinguish their products through unique flavors and convenient packaging, achieving better margins compared to bulk raw sales. The success of this approach is reflected in financial results; Blue Diamond Growers reported in their '2024 Annual Report', released in October 2024, that the cooperative reached net sales of $1.33 billion, supported by a varied portfolio of almond consumer goods. To sustain this product diversity, the raw supply base remains essential, with the USDA Foreign Agricultural Service forecasting global walnut production to hit 2.7 million metric tons in 2024, ensuring sufficient materials for these expanding commercial lines.

Market Challenges

The growth of the Global Nuts Market is severely hindered by climate variability, which introduces substantial unpredictability into the supply chain. Nut orchards have high biological sensitivity to environmental factors, necessitating adequate water resources and stable temperatures for successful flowering and fruit development. However, the rising incidence of extreme weather, including prolonged droughts and unseasonal frosts, interferes with these physiological processes and results in inconsistent yields. This volatility makes effective forward planning difficult, as suppliers struggle to guarantee the volumes necessary for long-term contracts with large retailers and food processors, leading to inventory shortages and price inflation that can deter cost-sensitive buyers.

The tangible effect of these environmental challenges is evident in the performance of specific nut categories that serve as bellwethers for agricultural vulnerability. For instance, the 'International Nut and Dried Fruit Council' estimated in '2025' that global pine nut production fell by roughly 28% because of adverse weather in major growing areas. Such drastic yield reductions illustrate how production failures driven by climate change can rapidly diminish market availability. This instability not only restricts producer revenue during impacted seasons but also compromises the reliability needed to support the market's overall upward trajectory.

Market Trends

The competitive landscape is being reshaped by the diversification of plant-based nut dairy and meat alternatives, as manufacturers move beyond simple nut milks to develop complex analogues like meat substitutes and fermented cheeses. This trend is supported by processing advancements that enable cashews and almonds to simulate the rheological characteristics of animal products, attracting a growing base of flexitarian consumers. Companies are utilizing precision formulation and fermentation to replicate the stretch and melt of dairy cheese, opening new value avenues for raw nut ingredients. The success of these innovations is highlighted by the Plant Based Foods Association's '2024 State of the Marketplace Report' from June 2025, which noted that plant-based cheese was the fastest-growing category, achieving a 31% growth rate in the natural channel.

Concurrently, the adoption of QR-enabled supply chain traceability and blockchain technology is becoming a standard operational requirement to validate sustainability claims and ensure transparency. Industry leaders are combining direct sourcing models with digital verification tools to map the nut's entire lifecycle, guaranteeing that environmental and ethical labor standards are upheld at the farm level. This dedication to detailed supply chain visibility assists companies in meeting the strict compliance requirements of global retailers and mitigating risks linked to opaque procurement. This strategic shift is quantifiable; according to Olam Food Ingredients' 'Nut Trails Impact Report' from December 2025, the company successfully broadened its traceable infrastructure, adding over 4,000 cashew and hazelnut farmers to its direct sourcing network in 2024.

Key Players Profiled in the Nuts Market

• John B. Sanfilippo & Son
• Olam International Ltd.
• Diamond Foods, Inc.
• Kraft Foods Inc.
• Germack Pistachio Company
• Hines Nut Company
• Hampton Farms, Inc.
• Star Snacks Co., LLC
• Mariani Nut Company
• Borges Agricultural & Industrial Nuts

Report Scope

In this report, the Global Nuts Market has been segmented into the following categories:

Nuts Market, by Type:

• Almonds
• Cashews
• Chestnuts
• Hazelnuts
• Pistachios
• Others

Nuts Market, by Form:

• Whole
• Diced/Cut
• Roasted
• Granular

Nuts Market, by End User:

• Household/Retail
• Food Service Sector
• Cafe
• Catering
• Others

Nuts Market, by Sales Channel:

• Online
• Departmental Stores
• Supermarkets/Hypermarkets
• Others (Direct Sales
• etc.)

Nuts Market, by Region:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Nuts Market.

Available Customization

The analyst offers customization according to your specific needs. The following customization options are available for the report:

• Detailed analysis and profiling of additional market players (up to five).

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