USD 22.3 billion
Nut Ingredients Market Size, Share, and Growth Analysis
Nut Ingredients Market By Nut Type (Almonds, Cashews), By Form (Whole, Powdered), By Distribution Channel (Retail Stores, Food Service Industry), By Application (Bakery and Confectionary, Snacks and Bars), By Region - Industry Forecast 2025-2032
Report ID:
SQSG30I2013 |
Region:
Global |
Published Date: January, 2025
Pages:
165
|Tables:
98
|Figures:
76
Format -
Nut Ingredients Market Insights
Global Nut Ingredients Market size was valued at USD 22.3 billion in 2023 and is poised to grow from USD 23.59 billion in 2024 to USD 37.04 billion by 2032, growing at a CAGR of 5.8% during the forecast period (2025-2032).
Nuts are oily kernels found within the fruit's shell that are used in a wide variety of food products around the world. Seeds are typically taken from different fruits that do not have an outer layer, such as hazelnuts, chestnuts, and others, and are sourced from the fruit's compound ovary. Hazelnuts, almonds, cashews, walnuts, pecans, peanuts, pine nuts, soy nuts, sunflower nuts, and other nuts are among the ingredients.
Nut ingredients are an important source of nutrients for consumers because they provide both flavour and health benefits. Many manufacturers are introducing new product innovations containing almonds, in addition to cashew nuts, peanuts, hazelnuts, and walnuts. Bakery products, snacks & bars, beverages, cereals, confectioneries, desserts, and dairy products are among the food categories that use nut ingredients.
A growing emphasis on preventive health care and the emergence of healthier products has driven the global market. Cold chain logistics and technological developments have also boosted global nut ingredient trade. To help the market grow, various associations and organisations promote export, research, education, and customer public service announcements.
US Nut Ingredients Market Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2025-2032
Global Market Size
Largest Segment
Cashews
Fastest Growth
Cashews
Growth Rate
5.8% CAGR
Global Nut Ingredients Market 2022-2028 ($ Bn)
Country Share for North America Region- 2021 (%)
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Nut Ingredients Market Segments Analysis
Global Nut Ingredients Market is segmented by Nut Type, Form, Distribution Channel, Application and region. Based on Nut Type, the market is segmented into Almonds, Cashews, Walnuts, Hazelnuts, Peanuts, Pistachios, Macadamia Nuts, Pecans and Others. Based on Form, the market is segmented into Whole, Powdered, Chopped, Sliced, Paste, Oil, Butter and Others. Based on Distribution Channel, the market is segmented into Retail Stores, Food Service Industry, Direct Sales, Supermarkets and Hypermarkets, Online Retail, Convenience Stores, Specialty Food Stores and Others. Based on Application, the market is segmented into Bakery and Confectionary, Snacks and Bars, Desserts, Cereals, Dairy Products, Beverages, Sauces and Spreads, Nutraceuticals, Cosmetics and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Nut Ingredients Market Analysis by Type
In 2022, almonds segment has dominated the global nut ingredients market. Because of their high mineral and vitamin content, almonds are a versatile and healthy food that can be used in a variety of cuisine applications. The growing number of almond-based product launches by prominent food and beverage companies is fuelling the growth of the almond ingredients segment.
Furthermore, one of the most threatening allergic reactions caused by almonds is anaphylactic shock. Consumers' increasing preference for plant-based and gluten-free products, as well as organisations and associations promoting the nut ingredient industry, are driving demand for almond components.
Global Nut Ingredients Market By Form, 2021 (%)
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Nut Ingredients Market Regional Insights
North America held the largest global nut ingredients market share, followed by Europe and Asia Pacific. Over the forecast period, India and China are expected to be emerging markets in the global market. The growing snacking and confectionery industries, as well as the demand for convenient and on-the-go snack foods, have fuelled the growth of the global nut ingredients market, which is expected to significantly increase the market's revenue contribution over the forecast period.
Global Nut Ingredients Market By Geography, 2022-2028
- Largest
- Fastest
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Nut Ingredients Market Dynamics
Nut Ingredients Market Drivers
- The global nut ingredients market is being driven by rising demand for ready-to-eat snack foods as well as food convenience. Increasing opportunities in the snack and confectionery industries, as well as the introduction of new nuts such as walnut, almond, peanut, hazelnut, pecan, and others, are driving the market.
- Manufacturers are emphasising healthier product offerings. The growing emphasis on preventive health care and the introduction of healthier products containing a variety of nut ingredients is the primary driver of the global market. As a result, the global nut ingredients market is expected to expand rapidly during the forecast period.
Nut Ingredients Market Restraint
Price Volatility to Impact the Market Growth
- One of the main elements considered to be limiting the growth of the market for nut ingredients is the high price of various nuts. Due to seasonal variations in production and increased global demand for nuts from developing nations like China and India, the price of nut ingredients varies.
- The main factors influencing price volatility are changes in demand, production levels, and tariff regulations. These factors are affecting the demand of nut gradient in the market.
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Nut Ingredients Market Competitive Landscape
The nuts ingredients market is growing. As a result, there are numerous opportunities for major players in the nut ingredients market. By incorporating nut ingredients in a variety of recipes, manufacturers are focusing on providing healthier as well as tastier products. The demand for nut ingredients from the snack industry is rising, which has encouraged the nut ingredient producers to expand their product line. Companies are introducing roasted versions of various nut-based products, that is expected to be a key growing trend in the global market.
Top Players in Nut Ingredients Market
- Olam International (Singapore)
- Cargill, Incorporated (USA)
- Archer Daniels Midland Company (ADM) (USA)
- Barry Callebaut AG (Switzerland)
- Blue Diamond Growers (USA)
- Borges Agricultural & Industrial Nuts, S.A. (Spain)
- Mount Franklin Foods, LLC (USA)
- Royal Nut Company (Australia)
- John B. Sanfilippo & Son, Inc. (USA)
- Besana S.p.A. (Italy)
- Kanegrade Ltd. (UK)
- Zentis GmbH & Co. KG (Germany)
- Mandelin, Inc. (USA)
- Lubeca (Germany)
- Puratos NV/SA (Belgium)
- Germack Pistachio Company (USA)
- Sun-Maid Growers of California (USA)
- Stelliferi & Itavex S.p.A. (Italy)
- Tierra Farm (USA)
Nut Ingredients Market Recent Development
- In June 2022, McCann's campaign helped Britannia introduce the Good Day Harmony. With all eyes on her Good Day Harmony Pack, the TVC showed a girl biting into a cookie, the nutty aroma luring a scurry of squirrels to follow her around. This campaign has helped the company for a successful launch of the product.
- In May 2022, VKC Nuts launches pasteurised dried fruits under brand name Nutraj. Nutraj Bactopure claims that its products are 99.99% free of bacteria and other pathogens, which is made possible by advances in space science and technology.
Nut Ingredients Key Market Trends
- Growing Popularity for Snacks on the Go: The rising demand for healthy snack options like snack bars is something that is trending in the nuts as ingredients market. To give consumers healthier snack bar options, a number of cereal and granola snack bar manufacturers have started using nut-based ingredients.
- Demand for Wholesome Snacks: Health-conscious individuals are becoming more and more accustomed to snacking. Therefore, there is a big demand for wholesome snacks.
Nut Ingredients Market SkyQuest Analysis
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to the Global Nut Ingredients Market analysis, the market for tastier and healthier food additives is expanding quickly. Global nut ingredient market is being driven by the rising consumer demand for inventive, convenient, and healthy food as well as the rising demand for healthier snacks. Other factors propelling the global nut ingredients markets include the rising demand for ready-to-cook food and the tendency of the expanding working population to replace regular meals with healthier snacks.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 22.3 billion |
| Market size value in 2032 | USD 37.04 billion |
| Growth Rate | 5.8% |
| Base year | 2024 |
| Forecast period | 2025-2032 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Nut Ingredients Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Nut Ingredients Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Nut Ingredients Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Nut Ingredients Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Nut Ingredients Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Nut Ingredients Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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