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Tree Nut Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • July 2024
  • Region: Global
  • Lucintel
  • ID: 5989007

Tree Nut Trends and Forecast

The future of the global tree nut market looks promising with opportunities in the direct consumption/culinary purpose, bakery & confectionery, breakfast cereal, snack, flavored drink, butter & spread, and dairy product markets. The global tree nut market is expected to reach an estimated $90.8 billion by 2030 with a CAGR of 8.4% from 2024 to 2030. The major drivers for this market are growing preference for whole nuts, increasing demand for natural and nutritious snacks, and expanding consumer inclination towards healthier diets.

A more than 150-page report is developed to help in your business decisions.

Tree Nut by Segment

The study includes a forecast for the global tree nut by product type, form, distribution channel, application, and region.

Tree Nut Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

  • Almonds
  • Cashews
  • Walnuts
  • Pistachios
  • Hazelnuts
  • Chestnuts
  • Brazil Nuts
  • Others

Tree Nut Market by Form [Shipment Analysis by Value from 2018 to 2030]:

  • Whole
  • Split
  • Others

Tree Nut Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:

  • Online
  • Offline

Tree Nut Market by Application [Shipment Analysis by Value from 2018 to 2030]:

  • Direct Consumption/Culinary Purpose
  • Bakery & Confectionery
  • Breakfast Cereals
  • Snacks
  • Flavored Drinks
  • Butter & Spreads
  • Dairy Products
  • Others

Tree Nut Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Tree Nut Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies tree nut companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the tree nut companies profiled in this report include:
  • Archer-Daniels-Midland
  • Blue Diamond Growers
  • CG Hacking & Sons
  • Diamond Foods
  • Kanegrade
  • Mariani Nut Company
  • Montagu Snacks
  • Olam
  • Select Harvests
  • Sun Valley

Tree Nut Market Insights

The publisher forecasts that almond will remain the largest segment over the forecast period due to their extensive use in a wide range of food items, snacks, and dietary choices.

Within this market, bakery & confectionary will remain the largest segment due to rising usage of nuts in this application for flavor and texture of baked goods and confectionery products given to their versatility and ability to add crunch and richness.

Europe will remain the largest region over the forecast period.

Features of the Global Tree Nut Market

  • Market Size Estimates: Tree nut market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Tree nut market size by various segments, such as by product type, form, distribution channel, application, and region in terms of value ($B).
  • Regional Analysis: Tree nut market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different product types, forms, distribution channels, applications, and regions for the tree nut market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the tree nut market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the tree nut market size?
Answer: The global tree nut market is expected to reach an estimated $90.8 billion by 2030.

Q2. What is the growth forecast for tree nut market?
Answer: The global tree nut market is expected to grow with a CAGR of 8.4% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the tree nut market?
Answer: The major drivers for this market are growing preference for whole nuts, increasing demand for natural and nutritious snacks, and expanding consumer inclination towards healthier diets.

Q4. What are the major segments for tree nut market?
Answer: The future of the tree nut market looks promising with opportunities in the direct consumption/culinary purpose, bakery & confectionery, breakfast cereal, snack, flavored drink, butter & spread, and dairy product markets.

Q5. Who are the key tree nut market companies?
Answer: Some of the key tree nut companies are as follows:
  • Archer-Daniels-Midland
  • Blue Diamond Growers
  • CG Hacking & Sons
  • Diamond Foods
  • Kanegrade
  • Mariani Nut Company
  • Montagu Snacks
  • Olam
  • Select Harvests
  • Sun Valley
Q6. Which tree nut market segment will be the largest in future?
Answer: The publisher forecasts that almond will remain the largest segment over the forecast period due to their extensive use in a wide range of food items, snacks, and dietary choices.

Q7. In tree nut market, which region is expected to be the largest in next 5 years?
Answer: Europe will remain the largest region over the forecast period.

Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the tree nut market by product type (almonds, cashews, walnuts, pistachios, hazelnuts, chestnuts, Brazil nuts, and others), form (whole, split, and others), distribution channel (online and offline), application (direct consumption/culinary purpose, bakery & confectionery, breakfast cereals, snacks, flavored drinks, butter & spreads, dairy products, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Tree Nut Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Tree Nut Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Tree Nut Market by Product Type
3.3.1: Almonds
3.3.2: Cashews
3.3.3: Walnuts
3.3.4: Pistachios
3.3.5: Hazelnuts
3.3.6: Chestnuts
3.3.7: Brazil Nuts
3.3.8: Others
3.4: Global Tree Nut Market by Form
3.4.1: Whole
3.4.2: Split
3.4.3: Others
3.5: Global Tree Nut Market by Distribution Channel
3.5.1: Online
3.5.2: Offline
3.6: Global Tree Nut Market by Application
3.6.1: Direct Consumption/Culinary Purpose
3.6.2: Bakery & Confectionery
3.6.3: Breakfast Cereals
3.6.4: Snacks
3.6.5: Flavored Drinks
3.6.6: Butter & Spreads
3.6.7: Dairy Products
3.6.8: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Tree Nut Market by Region
4.2: North American Tree Nut Market
4.2.1: North American Tree Nut Market by Product Type: Almonds, Cashews, Walnuts, Pistachios, Hazelnuts, Chestnuts, Brazil Nuts, and Others
4.2.2: North American Tree Nut Market by Application: Direct Consumption/Culinary Purpose, Bakery & Confectionery, Breakfast Cereals, Snacks, Flavored Drinks, Butter & Spreads, Dairy Products, and Others
4.3: European Tree Nut Market
4.3.1: European Tree Nut Market by Product Type: Almonds, Cashews, Walnuts, Pistachios, Hazelnuts, Chestnuts, Brazil Nuts, and Others
4.3.2: European Tree Nut Market by Application: Direct Consumption/Culinary Purpose, Bakery & Confectionery, Breakfast Cereals, Snacks, Flavored Drinks, Butter & Spreads, Dairy Products, and Others
4.4: APAC Tree Nut Market
4.4.1: APAC Tree Nut Market by Product Type: Almonds, Cashews, Walnuts, Pistachios, Hazelnuts, Chestnuts, Brazil Nuts, and Others
4.4.2: APAC Tree Nut Market by Application: Direct Consumption/Culinary Purpose, Bakery & Confectionery, Breakfast Cereals, Snacks, Flavored Drinks, Butter & Spreads, Dairy Products, and Others
4.5: ROW Tree Nut Market
4.5.1: ROW Tree Nut Market by Product Type: Almonds, Cashews, Walnuts, Pistachios, Hazelnuts, Chestnuts, Brazil Nuts, and Others
4.5.2: ROW Tree Nut Market by Application: Direct Consumption/Culinary Purpose, Bakery & Confectionery, Breakfast Cereals, Snacks, Flavored Drinks, Butter & Spreads, Dairy Products, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Tree Nut Market by Product Type
6.1.2: Growth Opportunities for the Global Tree Nut Market by Form
6.1.3: Growth Opportunities for the Global Tree Nut Market by Distribution Channel
6.1.4: Growth Opportunities for the Global Tree Nut Market by Application
6.1.5: Growth Opportunities for the Global Tree Nut Market by Region
6.2: Emerging Trends in the Global Tree Nut Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Tree Nut Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Tree Nut Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Archer-Daniels-Midland
7.2: Blue Diamond Growers
7.3: CG Hacking & Sons
7.4: Diamond Foods
7.5: Kanegrade
7.6: Mariani Nut Company
7.7: Montagu Snacks
7.8: Olam
7.9: Select Harvests
7.10: Sun Valley

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Archer-Daniels-Midland
  • Blue Diamond Growers
  • CG Hacking & Sons
  • Diamond Foods
  • Kanegrade
  • Mariani Nut Company
  • Montagu Snacks
  • Olam
  • Select Harvests
  • Sun Valley

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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