Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Nuts Market to reach USD 77.54billion by the end of 2029

Global Nuts Market Size study&Forecast, by Product (Almonds, Peanuts, Cashew, Walnuts, Hazelnuts, Pistachios, Others), by Distribution Channel (Offline, Online)and Regional Analysis, 2022-2029

Product Code: OIRFB-38047956
Publish Date: 20-03-2023
Page: 200

Global Nuts Market is valued at approximately USD 54.11 billion in 2021Land is anticipated to grow with a healthy growth rate of more than 4.6% over the forecast period 2022-2029. Nuts are experiencing huge market demand due to the increasing need to maintain a healthy lifestyle. A nut usually contains two parts- an edible seed and a non-edible shell. It is a nutritionally dense and rich source of bioactive compounds. Including nuts in your diet is highly preferredthese days as it acts useful in various other issues such as heart diseases and artery health. Additionally, nuts being a rich source of minerals are driving the market and the wider use of application of nuts plays a major role in boosting its demand further.

The growing awareness about healthy eating among consumers is driving the market for nuts. For instance, the average volume per person in nut consumption is anticipated to be 1.4kg in 2023. Nutscontain a huge amount of fiber and it lowersthe risk of chronic diseases such as diabetes and health diseases. The increasing consumption is due to the wider application of nut as it is a component in granola bars, trail mixes and can be eaten whole. Several nuts are eaten as snack food also out of which peanuts and almonds are highly preferred. In 2018 the worldwide consumption of peanuts was approximately 42.6 million metric tons and almonds nearly 1.19 million metric tons. Furthermore, the emerging nut snack industry and technological innovations and advancements in the production process of nut are boosting the market demand at faster pace. However, the high cost associated withNuts stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Nuts Marketstudy includes Asia Pacific, North America, Europe, Latin America, and Rest of the World.Europe is dominating the nut market with an annual growth rate of 2.02% (CAGR for the forecasted period). The emerging healthy lifestyle and wellness areboosting the industry’s growth. The nutritious benefits of nuts such asalmonds, walnuts and cashew has projected growth. Asia-Pacific is anticipated to be the fastest-growing region in the nut market with a CAGR of 5.3%. Increasing disposable income is affecting the demand for plant-based products driving the demand for nuts. Plant-based products are a rich source of unsaturated fatty acids and bio-active components.

Major market player included in this report are:
Diamond Foods, Inc.
John B. Sanfilippo & Son Inc.
Kraft Foods Inc.
Olam Group Ltd
Agrofruse Mediterranean Agricultural Group SA
Hines Nut Company
Mount Franklin Food LLC.
Star Snacks Co., LLC
Grower Direct Nut Company, Inc.
Germack Pistachio Co.
Recent Developments in the Market:
 In June 2020, Nubu Nut Butter Bites was introduced by Mount Franklin food, it was anticipated to meet the consumer demand for a healthier snack with a nutty and buttery flavor.
 In June 2020, Kraft Heinz launched a planter pop and pour nut, enabling the consumer to pop, pour and repeat the nut snack.
Global Nuts Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, Distribution Channel, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporatespotential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
By Distribution Channel:
By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Nuts Market, by Region, 2019-2029 (USD Billion)
1.2.2. Nuts Market, by Product,2019-2029 (USD Billion)
1.2.3. Nuts Market, by Distribution Channel, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Nuts Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Nuts Market Dynamics
3.1. Nuts Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Rich source of Vitamins and Minerals Wider use of application
3.1.2. Market Challenges High Cost associated with Nuts
3.1.3. Market Opportunities Advancements in Formulation Growing Nut Snack Industry
Chapter 4. Global Nuts MarketIndustry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Nuts Market, by Product
6.1. Market Snapshot
6.2. Global Nuts Market by Product, Performance – Potential Analysis
6.3. Global Nuts Market Estimates & Forecasts by Product 2019-2029 (USD Billion)
6.4. Nuts Market, Sub Segment Analysis
6.4.1. Almonds
6.4.2. Peanuts
6.4.3. Cashew
6.4.4. Walnuts
6.4.5. Hazelnuts
6.4.6. Pistachios
6.4.7. Others
Chapter 7. Global Nuts Market, by Distribution Channel
7.1. Market Snapshot
7.2. Global Nuts Market by Distribution Channel, Performance – Potential Analysis
7.3. Global Nuts Market Estimates & Forecasts by Distribution Channel 2019-2029 (USD Billion)
7.4. Nuts Market, Sub Segment Analysis
7.4.1. Offline
7.4.2. Online
Chapter 8. Global Nuts Market, Regional Analysis
8.1. Nuts Market, Regional Market Snapshot
8.2. North America Nuts Market
8.2.1. U.S.Nuts Market Productbreakdown estimates & forecasts, 2019-2029 Distribution Channel breakdown estimates & forecasts, 2019-2029
8.2.2. CanadaNuts Market
8.3. Europe Nuts Market Snapshot
8.3.1. U.K. Nuts Market
8.3.2. Germany Nuts Market
8.3.3. France Nuts Market
8.3.4. Spain Nuts Market
8.3.5. Italy Nuts Market
8.3.6. Rest of EuropeNuts Market
8.4. Asia-PacificNuts Market Snapshot
8.4.1. China Nuts Market
8.4.2. India Nuts Market
8.4.3. JapanNuts Market
8.4.4. Australia Nuts Market
8.4.5. South Korea Nuts Market
8.4.6. Rest of Asia PacificNuts Market
8.5. Latin America Nuts Market Snapshot
8.5.1. Brazil Nuts Market
8.5.2. MexicoNuts Market
8.6. Rest of The World Nuts Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Diamond Foods, Inc. Key Information Overview Financial (Subject to Data Availability) ProductSummary Recent Developments
9.2.2. John B. Sanfilippo & Son Inc.
9.2.3. Kraft Foods Inc.
9.2.4. Olam Group Ltd.
9.2.5. Agrofruse Mediterranean Agricultural Group SA
9.2.6. Hines Nut Company
9.2.7. Mount Franklin Food LLC.
9.2.8. Star Snacks Co., LLC
9.2.9. Grower Direct Nut Company, Inc.
9.2.10. Germack Pistachio Co.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com


Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.
Enquiry Now