Edible Nuts Market

Edible nuts are dried fruits consumed worldwide and are an important source of nutrients such as fiber, potassium, vitamin A, iron, and Vitamin K. Edible nuts include almonds, cashew nuts, hazelnuts, walnuts, pistachios, chestnuts, and Brazil nuts. Edible nuts are used across various food &beverage applications such as desserts, bakery, snacks, etc.

Market Dynamics

Increasing production capacities of the edible nuts by major producers through mergers and acquisitions are expected to be a major trend in the market growth. For instance, in October 2020, Olam International has expanded its capacity in almond ingredients with the $54 million acquisition of Californian almond processor Hughson Nut Inc. (HNI). HNI’s processing capabilities allow it to offer a “fully integrated solution” across the almond value chain from the US, including processed whole nuts and value-added ingredients.

Wide applications of edible nuts across food & beverage is expected to propel the market growth. These nuts can be processed and used us spreads, toppings, dairy inclusions, confectionery fillings, salad dressings, and bakery fillings. Moreover, they are also used in the preparation of infant’s formula. Hence, multiple usages of edible nuts are projected to foster market growth over the forecast timeframe.

Lack of consumption of edible nuts across developing regions of rural areas due to lack of awareness as well as the high cost of the nuts is expected to restrict the market growth of edible nuts.

Key features of the study:

• This report provides in-depth analysis of the global edible nuts market and provides market size (US$ Billion & Tons) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
• This study also provides impact analysis of Coronavirus (Covid-19) pandemic on edible nuts market
• It profiles key players in the global edible nuts market based on the following parameters– company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include Diamond Foods, Inc., Archer Daniels Midland Company, Olam International, Blue Diamond Growers, Mariani Nut Company, Select Harvests, GNC Global Nut Company AG, Waterford Nut Company, Farm Breeze International LLC., and Just Almonds Inc.
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
• The global edible nuts market report caters to various stakeholders in this industry including investors, suppliers, edible nuts manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the edible nuts market

Detailed Segmentation:

• Global Edible Nuts Market, By Product Type:
  • Almond
  • Cashew nuts
  • Hazelnuts
  • Peanuts
  • Pistachios
  • Walnuts
• Global Edible Nuts Market, By Application:
  • Bakery & Confectionery
  • Breakfast Cereals
  • Butter & Spreads
  • Dairy Products
  • Flavored Drinks
  • Snacks
  • Others
• Global Edible Nuts Market, By Region:
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles
  • Diamond Foods, Inc.
  • Archer Daniels Midland Company
  • Olam International
  • Blue Diamond Growers
  • Mariani Nut Company
  • Select Harvests
  • GNC Global Nut Company AG
  • Waterford Nut Company
  • Farm Breeze International LLC.
  • Just Almonds Inc.