Nuts Industry Set for 5.5% CAGR Expansion by 2032

• Posted by preeti mmr Thu at 12:18 AM Filed in Other #Nuts Industry  #Nuts Industry Share  #Nuts Industry Size  #Nuts Industry Demand  #Nuts Industry News  5 views
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  Market Estimation & Definition

  The Nuts Industry is valued at USD 63.64 billion in 2024, with revenue projected to reach USD 97.66 billion by 2032 at a 5.5% CAGR (2025–2032). The market covers edible tree nuts and peanuts, sold into both foodservice and household channels, across whole and processed forms for use in snacks, meals, bakery, confectionery, and dairy alternatives.

  Market Overview

  The demand for healthier snack options, growing knowledge of the nutritional advantages of nuts, and a growing inclination for plant-based and vegan diets are all driving the nuts markets. Nuts are being actively promoted by food businesses and marketers through a variety of channels, with a focus on their versatility, ease of use, and health advantages. Further Market has been driven by the expansion in nut-based products, like energy bars, nut butter, and dairy substitutes. There are various varieties, and flavors of nuts, which leads to health benefits for consumers driving the nuts market. The market is filled with a variety of nuts, such as macadamia nuts, hazelnuts, cashews, peanuts, pistachios, and almonds, which is a big sector.

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  Drivers in Nuts market

  Growing awareness of nutrition beyond diet and a trend toward healthy living are expected to propel the global market. The growing popularity of convenience foods among consumers is driving up demand for nut products. Additionally, to promote improved health, consumer food preferences are evolving. Almonds, walnuts, macadamia nuts, hazelnuts, and pecans are among the nuts that consumers choose because they are high in omega-3 fatty acids, which are important for keeping healthy joints and bones as well as cognitive function. This has increased the demand for nuts in general. Nuts play a special role in paleo, vegan, flexitarian, and vegetarian diets. Among other bioactive materials, they include unsaturated fats oils, fibers, proteins, vitamins, minerals, antioxidants, and energy sources for a healthy diet.

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  Segmentation Analysis

  by End Use

  Foodservice industry
  Household

  by Product

  Almonds
  Peanuts
  Cashew
  Walnuts
  Hazelnuts
  Pistachios

  by Form

  Whole
  o Plain
  o Roasted
  o Salted
  Powder

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  Regional insights

  Asia Pacific Nuts Market is primarily driven by rising consumer knowledge of the health advantages of nuts, which are high in fibers, protein, minerals, vitamins, and other antioxidants. They support heart and brain function and are a good source of saturated fats. Customers are frequently aware of the global preferences for vegan food. Due to their benefits for diabetics, almonds have become a very popular nut in recent years.

  North America dominated the Global Nuts Market with the highest share of over xx% in 2024. The region is expected to grow at a CAGR of 5.6% during the forecast period and maintain its dominance by 2032. The nut industry in North America is expanding rapidly thanks to factors like pale diets, growing vegan cuisine trends, and other health-conscious eating practices. Because they are rich in protein, good fats, and carbs, nuts are a key component of these diets.

  Europe Over time, steady expansion is anticipated in the European data market. Shifts in European consumers' consumption habits will probably be the main driver of this development. This includes a growing interest in sugar substitutes and healthful snacking.

  Key players in the Nuts market

  1. Borges Agricultural & Industrial Nuts.
  2. Diamond Foods, Inc.
  3. John B. Sanfilippo & Son.
  4. Ludlow Nut Co Ltd.
  5. Hines Nut Company.
  6. Mariani Nut Company.
  7. Germack Pistachio Company.
  8. Hampton Farms, Inc.
  9. Star Snacks Co. LLC.
  10. Grower Direct Nut Co. Ltd.
  11. Wildly Organic.
  12. TIERRA FARM
  13. Big Tree Organic Farms
  14. Food to Live.
  15. Truefarm Foods
  16. Forest Whole Foods Ltd
  17. prana organic
  18. Wholefood Earth
  19. South Valley Farms
  20. Blue Diamond Growers

   

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