The Tree Nuts Market report is predicated on present trade situations, market demands, business ways used by distinguished players concerned during this market beside their growth abstract. This report has been segmental into types, applications and regions. The report additionally contains major drivers boosting this market.
There is an extensive variation of tree nuts present in the market such as almonds, cashew nuts, walnuts, chestnuts, pistachios, pine nuts and others. Tree nuts are a rich source of Vitamin E, Vitamin B2, vital minerals, and fibers. Growing awareness concerning the health benefits of tree nuts is persuading the health-conscious population towards healthy diet. The escalating demand for tree nuts in food and beverage sector particularly in bakeries, confectioneries and others is positively impelling the growth of the global tree nuts market.
Benefits such as high antioxidants, unsaturated and monounsaturated fatty acids (MUFA) make them further popular amongst the consumers who are getting motivated towards a healthy lifestyle. Additionally, these nuts are utilized in numerous industries and have multi-purpose applications which have fuel their demand during the past few years. The diverse application of Tree Nuts in many products including ice-cream, confectionery, sports nutrition, personal-care products have increased the demand and has a positive impact on the high import-export volume.
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Globally the changing eating habits are contributing rise in obesity and related non-communicable diseases such as diabetes, heart disease, and stroke. Almond is one of the foremost agricultural commodities and has seen high import and export in the past few years. Increasing health concerns amongst the consumers have led to increased intake of tree nuts based on their nutritional profile. Almonds, walnuts, cashewnuts, and others are a rich source of vitamins, minerals, and fibers. These nuts are used in several food and confectionery industries to enhance the organoleptic property of the end-product.
Growing population, rise in disposable incomes and changing lifestyle has encouraged the unique innovations in the food sector. The product innovation and adding new flavors has attracted consumers towards the product and have positive influenced on its sale. For instance, the sale of cashew nuts has increased due to innovations leading to new flavors such as pepper and salt cashew, honey sugar cashew, Choco cashews and others. Improvements and product advancement have resulted in giving the final product a better shelf life and appearances.
Geographically, the global tree nuts market is analyzed across North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The Asia Pacific is the leading region with a market share of X.XX% in 2018 followed by North America. Countries like China and Vietnam are major producers of tree nuts in the Asia-Pacific region. Existence of various agro-climatic areas and seasons sustenance the several tree nuts crops
On the basis of product type the tree nuts market has been segmented into Cashew nuts, Walnuts, Almonds, Chestnuts, Pistachios, Hazelnuts, Brazil Nuts, Others. Based on the form, tree nuts market has been categorized as Whole, Roasted, Powder, Splits, Others. Tree nuts market has been bifurcated by application such as direct consumption/Culinary purpose, Bakery and Confectionery, Breakfast Cereals, Snacks, Flavored Drinks, Butter and Spread, Dairy Products, and Others.
The leading market players in the global tree nuts market primarily are Golden Peanut Company Llc (U.S.), Olam International Ltd. (Singapore), Diamond Foods, Inc. (U.S.), Mariani Nut Company Inc. (U.S.), Blue Diamond Growers (U.S.), Select Harvests Ltd. (Australia), Waterford Nut Co. Inc.(U.S.)
- Food & beverages manufacturers
- Tree nuts manufacturers
- Raw material suppliers
- End users (food industry)
- Retailers and wholesalers
- E-commerce companies
- Traders, importers, and exporters
Regional and Country Analysis of tree nuts market development and demand forecast to 2025 Market
The regional analysis also includes –
- Rest of Europe
Asia – Pacific
- Saudi Arabia
- Rest of MEA
- Rest of Latin America
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