Nut Products Market

Nut Products Market by Product Type (Nut Butter, Nut Paste/Marzipan Paste/Persipan Paste, Nut Fillings with Cocoa, Nut Fillings without Cocoa, Caramelized Nuts, and Nut Flour), Nut Type, End User/Application, Quality and Region – Global Forecast to 2025

Report Code: FB 7855 Mar, 2021, by marketsandmarkets.com

[259 Pages Report] According to MarketsandMarkets, the global nut products market size is estimated to be valued at USD 1.5 billion in 2020 and is projected to reach USD 2.0 billion by 2025, recording a CAGR of 5.8%. The growing inclination of consumers towards plant-based and gluten-free products coupled with increasing health awareness is promoting the market. The product launches by key players belonging to key application sectors such as bakery and confectionery is also driving the growth of the market.

Nut Products Market

To know about the assumptions considered for the study, Request for Free Sample Report

COVID-19 Analysis

The volatile market demand for nut-based end products belonging to categories, such as snacks, dairy, bakery, and confectionery during the pandemic has negatively affected the nut products supply chain. A decent growth projection is expected in the consumption dynamics of products containing nuts as a major ingredient. Supply chain actors in the nut products market are gearing themselves to cater to unexpected spikes after lukewarm demand for nuts and their value-added products. Disruptions in supply chain during the COVID-19 lockdown across countries were challenging for the market.

Market Dynamics

Drivers: Rising health awareness led to evolving dietary patterns

The increasing consumer health awareness and the rising disposable income across regions are factors that have encouraged people to opt for high-quality nut products. The changing consumer preferences for convenience products with health and wellness claims have led to high demand for nut products. The increasing health concerns and awareness have led to an evolving consumption pattern. Nut-based derivatives, such as pastes and butter, are increasingly utilized in a plethora of baked confections, especially in European and North American markets.

Restraints: Availability and fluctuating costs for nuts as raw material

The raw material for nut products is agri-commodities that witness high uncertainties in their prices and availability. Exotic and uncommon nuts are harder to obtain, given their fluctuating yields. Ingredient manufacturers utilizing nuts as a raw material requires a carefully planned inventory management system in place, which is usually not the case, especially for small and medium-scale manufacturers. Hence, the process for converting nuts into value-added products, such as butter, pastes, and fillings, becomes cost-intensive, and this high cost trickles down to processed food & beverage manufacturers that is ultimately passed on to end-consumers.

Opportunities: Expanding application spectrum for nuts and derivatives

The robust growth and promising potential in plant-based dairy alternatives and meat analogs have opened up significant opportunities for nut product manufacturers. Key giants such as Olam International and Barry Callebaut have already intensified their efforts in catering to these attractive end-use avenues for gaining a cutting-edge advantage in the foreseeable future.

Nut-based butter, paste, fillings, and flour are increasingly utilized across applications, among which bakery and confectionery are the dominant ones. Nut flour and paste are also incorporated for the development of plant-based savory products. Almonds, hazelnuts, and walnuts are some of the key sources of raw materials, which are processed into semi-finished derivatives.

Challenges: Supply chain management intricacies and quality of nut products

One of the crucial challenges in the growth of the nut products market is the quality and safety issues as the product travels through different junctures in the supply chain. Lacunae on the part of handling, distribution, transportation, and intermediate storage can cause serious implications on the overall quality of nut products. Raw material suppliers, nut product manufacturers, distributors, and other supply chain stakeholders must work as a coherent whole to avoid any lapses, thereby ensuring end-use industries receive quality ingredients with a high degree of safety profile.

By application, the cereals & snack bars segment is projected to experience the fastest growth in the market during the forecast period

There is significant demand for the consumption of cereasl & snack bars because of its ability to meet dietary requirements such as low-sugar, low-fat and plant-based. The increase in discretionary spending habits, which has been significantly visisble in the past few years has contributed in the growth of snacks industry, in turn fueling the snack bars market.

By type, the nut paste segment is projected to account for the largest share in the market during the forecast period

Nut paste is largely used as nut spread on breads, cakes and biscuits. The development of technology and increase in consumer awareness of the nutritional properties have led to the development of various nut products. Attributes such as better taste, texture, colour, high protein, clean label and sustainability, has given rise to the growth for plant-based food products. Acting as plant-based protein source, peanut and almond paste have many health benefits.

Nut Products Market by Region

To know about the assumptions considered for the study, download the pdf brochure

Europe is projected to dominate the global market by 2025

The European region is projected to record a higher growth rate during the forecast period. Consumers in this region are witnessing a high demand for natural and low-sugar ingredients, and food products, resulting in a surge in nut product consumption. The trend of using natural and trusted ingredients is reflected in the increasing use of ‘clean labels,’ with other health-related claims such as ‘gluten-free.

Key Market Players:

Key players in this market include Olam International (Singapore), Barry Callebaut (Switzerland), Blue Diamond Growers (US), Zentis GmbH & Co. KG (Germany), Mount Franklin Foods (US), Kerry Group (Ireland), Mandelin, Inc (US), Bazzini (US), Besana (Italy), Lubeca (Denmark), and Puratos (Belgium). These major players in this market focus on increasing their presence through expansions, mergers & acquisitions, partnerships, joint ventures, and agreements. These companies have a strong presence in North America, Asia Pacific, and Europe. They also have manufacturing facilities, along with strong distribution networks across these regions.

Scope of the report

Report Metric

Details

Market size available for years

2018-2025

Base year considered

2019

Forecast period

2020-2025

Forecast units

Value (USD)

Segments covered

Type, Nut type, Application, and Quality

Geographies covered

North America, Europe, Asia Pacific, South America, and RoW

Companies covered

Olam International (Singapore), Barry Callebaut (Switzerland), Blue Diamond Growers (US), Kerry Group (Ireland), Zentis GmbH & Co. KG (Germany), Mount Franklin Foods (US), Mandelin, Inc (US), Bazzini (US), Besana (Italy), Lubeca (Denmark), Puratos (Belgium), Lemke (Germany), Almendras Llopis S.A.U. (Spain), Kanegrade (UK), Moll Marzipan GmBH (Germany), Kondima (Germany), CSM (US), Treehouse Almonds (US), Royal Nut Company (Australia), and Stelliferi & Itavex S.p.A (Italy).

This research report categorizes the nut products market based on type, nut type, application, quality, and region.

Based on type:

  • Nut butters
  • Nut pastes/Marzipan pastes/Persipan pastes
  • Nut fillings with cocoa
  • Nut fillings without cocoa
  • Caramelized nuts
  • Nut flours

Based on nut type:

  • Almonds
  • Hazelnuts
  • Walnuts
  • Cashews
  • Peanuts
  • Pistachios
  • Macadamias
  • Pecans
  • Pine nuts
  • Brazil nuts

Based on the application:

B2B Industrial food manufacturers

  • Chocolate confectionery products
  • Bakery products
  • Ice-cream and frozen deserts
  • Cereals & snack bars
  • Beverages
  • Savory products

B2B Food service & bakeries

  • Bakery shops
  • Foodservices

Based on the region:

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Rest of World (South Africa, Middle East and other countries in Africa)

Recent Developments

  • In December 2019, Olam International Limited (Singapore) acquired Hughson Nut (California). This helped the company in expanding its Nut productscapacity and meeting the growing demand from customers in and outside the US.
  • In February 2019, Blue Diamond Growers signed a multi‐year licensing partnership agreement with Grupo LAlA (Mexico), a leading healthy and nutritious food company. This agreement would help the company sell and distribute its almond milk/beverage, “Almond Breeze,” in Mexico.
  • In June 2020,  Mount Franklin Foods  launched a snack for nut butter lovers, known as Nubu Nut Butter Bites. It is expected to meet the consumer’s preferences for healthier snacking with a nutty indulgence.
  • In October 2020, CSM entered into an agreement to sell its European and International Bakery Ingredients business to an investment subsidiary of Investindustrial VII L.P., which would help management position the remaining two businesses for continued growth.
  • In July 2020, Barry Callebaut acquired GKC Foods (Australia) Pty Ltd, a producer of chocolate, coatings, and fillings, which will establish Barry Callebaut’s direct presence and manufacturing capacity in Australia to cater to the Australian and New Zealand markets in chocolates, value-added gourmet, and specialties business.

Frequently Asked Questions (FAQ):

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 32)
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
    1.3 MARKET SCOPE
        FIGURE 1 MARKET SEGMENTATION
           1.3.1 GEOGRAPHIC SCOPE
           1.3.2 OUT OF SCOPE
           1.3.3 PERIODIZATION CONSIDERED
    1.4 CURRENCY CONSIDERED
        TABLE 1 USD EXCHANGE RATES, 2017–2019
    1.5 UNITS CONSIDERED
    1.6 STAKEHOLDERS

2 RESEARCH METHODOLOGY (Page No. - 37)
    2.1 RESEARCH DATA
        FIGURE 2  RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Breakdown of primaries
                    2.1.2.3 Key industry insights
    2.2 MARKET SIZE ESTIMATION
        FIGURE 3 TRIANGULATION OF BOTH APPROACHES
           2.2.1 BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN APPROACH
    2.3 DATA TRIANGULATION
        FIGURE 4 DATA TRIANGULATION METHODOLOGY
    2.4 ASSUMPTIONS FOR THE STUDY
    2.5 LIMITATIONS OF THE STUDY
    2.6 MARKET SCENARIOS CONSIDERED FOR THE IMPACT OF COVID-19
           2.6.1 SCENARIO-BASED MODELLING
    2.7 COVID-19 HEALTH ASSESSMENT
        FIGURE 5 COVID-19: GLOBAL PROPAGATION
        FIGURE 6 COVID-19 PROPAGATION: SELECT COUNTRIES
    2.8 COVID-19 ECONOMIC ASSESSMENT
        FIGURE 7 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020
           2.8.1 COVID-19 ECONOMIC IMPACT: SCENARIO ASSESSMENT
                 FIGURE 8 CRITERIA IMPACTING GLOBAL ECONOMY
                 FIGURE 9 SCENARIOS IN TERMS OF RECOVERY OF GLOBAL ECONOMY

3 EXECUTIVE SUMMARY (Page No. - 54)
  FIGURE 10 NUT PRODUCTS MARKET, BY NUT TYPE, 2020 VS. 2025 (USD MILLION)
  FIGURE 11 NUT PRODUCT MARKET, BY TYPE, 2020 VS. 2025 (USD MILLION)
  FIGURE 12 MARKET FOR NUT PRODUCTS, BY APPLICATION, 2020 VS. 2025 (USD MILLION)
  FIGURE 13 MARKET FOR NUT PRODUCTS: REGIONAL SNAPSHOT

4 PREMIUM INSIGHTS (Page No. - 58)
    4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN MARKET
        FIGURE 14 GROWING DEMAND FOR PLANT-BASED FOODS DRIVES MARKET FOR NUT PRODUCTS
    4.2 NORTH AMERICA: MARKET FOR NUT PRODUCTS, BY APPLICATION & COUNTRY
        FIGURE 15 BAKERY SHOPS HELD HIGHER MARKET SHARE IN NORTH AMERICAN NUT PRODUCT MARKET
    4.3 MARKET FOR NUT PRODUCTS, BY TYPE
        FIGURE 16 NUT PASTE SEGMENT LARGELY DOMINATED NUT PRODUCTS MARKET IN 2019
    4.4 MARKET FOR NUT PRODUCTS, BY APPLICATION
        FIGURE 17 BAKERY PRODUCTS SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
    4.5 NUT PRODUCT MARKET, BY NUT TYPE
        FIGURE 18 ALMONDS SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
    4.6 MARKET FOR NUT PRODUCTS, BY REGION
        FIGURE 19 GERMANY ACCOUNTED FOR HIGHEST SHARE OF GLOBAL MARKET, 2019

5 MARKET OVERVIEW (Page No. - 62)
    5.1 INTRODUCTION
        FIGURE 20 REGIONAL CONTRIBUTIONS TO NEW PRODUCT LAUNCHES CONTAINING ALMONDS, 2019
    5.2 MARKET DYNAMICS
        FIGURE 21 MARKET DYNAMICS
           5.2.1 DRIVERS
                    5.2.1.1 Rising health awareness led to evolving dietary patterns
                            TABLE 2 AMINO ACID PROFILE OF WALNUTS
                            TABLE 3 NUTRITIONAL PROFILES OF DIFFERENT NUTS PER 100 GRAMS
                    5.2.1.2 Robust growth projections for the bakery and confectionery sectors
                            FIGURE 22 ESTIMATED CONFECTIONERY SALES, BY REGION, 2018–2020 (USD BILLION)
                    5.2.1.3 Preventive healthcare–emerging dietary approaches to address lifestyle diseases
                            TABLE 4 SUMMARY OF SCIENTIFIC EVIDENCES HIGHLIGHTING THE DISEASE PREVENTION ABILITIES OF NUTS
                    5.2.1.4 Nuts as major ingredients in new product developments
                            FIGURE 23 NEW PRODUCT LAUNCHES WITH NUTS AS KEY INGREDIENT, 2015–2020
                    5.2.1.5 Vegan food products–nuts as a key ingredient–their strategic positioning
                            FIGURE 24 PLANT-BASED MEAT MARKET (USD MILLION), BY REGION, 2019 & 2025
           5.2.2 RESTRAINTS
                    5.2.2.1 Availability and fluctuating costs for nuts as raw material
                    5.2.2.2 Allergenicity concerns for nut-based ingredients
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Expanding application spectrum for nuts and derivatives
                    5.2.3.2 Emerging economies as global hotspots for investments in the global market
           5.2.4 CHALLENGES
                    5.2.4.1 Supply chain management intricacies and quality of nut products
    5.3 IMPACT OF COVID-19 ON MARKET DYNAMICS
           5.3.1 COVID-19 NEGATIVELY IMPACTED DEMAND FOR NUT PRODUCTS
           5.3.2 COVID-19 IMPACT ON NUT PRODUCTS SUPPLY CHAIN

6 INDUSTRY TRENDS (Page No. - 73)
    6.1 INTRODUCTION
    6.2 VALUE CHAIN ANALYSIS
        FIGURE 25 NUT PRODUCTS: VALUE CHAIN ANALYSIS
           6.2.1 GROWERS & SMALL-SCALE PRODUCERS
           6.2.2 SUPPLIERS/TRADERS
           6.2.3 PROCESSORS & PACKERS
           6.2.4 BRANDING MARKETING & SALES
           6.2.5 LOGISTICS & DISTRIBUTION
           6.2.6 END USERS
    6.3 PRICING ANALYSIS: MARKET FOR NUT PRODUCTS, BY TYPE
        TABLE 5 GLOBAL ASP: PRICING ANALYSIS OF NUT PRODUCTS TYPE, 2019 (‘000 USD/TONNES)
        FIGURE 26 GLOBAL PRICING TREND OF NUT-BASED SEMI-FINISHED PRODUCTS, BY KEY NUT TYPE, 2018-2020 (‘000 USD/TONNES)
    6.4 ECOSYSTEM MAP
           6.4.1 MARKET FOR NUT PRODUCTS: ECOSYSTEM VIEW
           6.4.2  MARKET MAP
                    6.4.2.1 Upstream
                               6.4.2.1.1 Raw material suppliers
                               6.4.2.1.2 Ingredient manufacturers
                    6.4.2.2 Downstream
                               6.4.2.2.1 Testing, Inspection & Certification (TIC) Service Providers and Regulatory bodies
    6.5 YC-YCC SHIFT
        FIGURE 27 REVENUE SHIFT FOR NUT PRODUCTS
    6.6 PATENT ANALYSIS
        FIGURE 28 NUMBER OF PATENTS GRANTED FOR NUT-BASED PRODUCTS IN A YEAR OVER THE LAST 10 YEARS (2010–2020)
        FIGURE 29 NUMBER OF PATENTS GRANTED BY YEAR, ASSIGNEE, AND REGION, 2018–2020
        TABLE 6 KEY PATENTS PERTAINING TO NUT PRODUCTS, 2018–2021
    6.7 TRADE ANALYSIS
        TABLE 7 KEY EXPORTING COUNTRIES OF HAZELNUTS, 2019 (USD MILLION)
        TABLE 8 KEY EXPORTING COUNTRIES OF PISTACHIOS, 2019 (‘000 METRIC TON)
        FIGURE 30 KEY EXPORTING (VOLUME ESTIMATES) COUNTRIES FOR PREPARED & PRESERVED PRODUCTS OF NUTS & SEEDS, 2019 (%)
    6.8 PORTER’S FIVE FORCES ANALYSIS
        TABLE 9 NUT PRODUCTS MARKET: PORTER’S FIVE FORCES ANALYSIS
           6.8.1 DEGREE OF COMPETITION
           6.8.2 BARGAINING POWER OF SUPPLIERS
           6.8.3 BARGAINING POWER OF BUYERS
           6.8.4 THREAT OF SUBSTITUTES
           6.8.5 THREAT OF NEW ENTRANTS
    6.9 CASE STUDIES
           6.9.1 IMPROVISING THE TEXTURAL ATTRIBUTES OF NUT BUTTERS AND FACILITATING ITS INCORPORATION FOR ENHANCED SENSORY PROPERTIES OF END-PRODUCTS
                 TABLE 10 MARKET FOR NUT PRODUCTS: IMPROVISING THE TEXTURAL ATTRIBUTES OF NUT BUTTERS AND FACILITATING ITS INCORPORATION FOR ENHANCED SENSORY PROPERTIES OF END-PRODUCTS
           6.9.2 CRUNCHY ATTRIBUTE OF NUTS HAVE BEEN A CRUCIAL AESTHETIC APPEAL AMONG END-USE INDUSTRIES THAT ARE INTENSIVELY SEEKING INNOVATIVE PRODUCTS OFFERING THE ORIGINAL TEXTURE OF NUTS
                 TABLE 11 MARKET FOR NUT PRODUCTS: CRUNCHY ATTRIBUTES OF NUTS HAVE BEEN A CRUCIAL AESTHETIC APPEAL AMONG END-USE INDUSTRIES THAT ARE INTENSIVELY SEEKING FOR INNOVATIVE PRODUCTS OFFERING THE ORIGINAL TEXTURE OF NUTS
           6.9.3 NUT-BASED DERIVATIVE PRODUCTS– COMPOSITION AND KEY REQUISITES
                 TABLE 12 NUT PRODUCT MARKET: NUT-BASED DERIVATIVE PRODUCTS– COMPOSITION AND KEY REQUISITES
           6.9.4 IMPROVISING THE COMPOSITION AND NUTRITIONAL PROFILE OF NUT-BASED CONFECTION
                 TABLE 13 MARKET FOR NUT PRODUCTS: IMPROVISING THE COMPOSITION AND NUTRITIONAL PROFILE OF NUT-BASED CONFECTION

7 KEY REGULATIONS FOR NUT PRODUCTS (Page No. - 93)
    7.1 UNITED STATES
           7.1.1 UNITED STATES: FOOD AND DRUG ADMINISTRATION
           7.1.2 ELECTRONIC CODE OF FEDERAL REGULATIONS
           7.1.3 EUROPEAN UNION REGULATIONS

8 NUT PRODUCTS MARKET, BY TYPE (Page No. - 96)
    8.1 INTRODUCTION
        FIGURE 31 MARKET FOR NUT PRODUCTS, BY TYPE, 2020 VS. 2025 (USD MILLION)
        TABLE 14 MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
        TABLE 15 MARKET SIZE, BY TYPE, 2018–2025 (KT)
           8.1.1 COVID-19 IMPACT ON THE NUT PRODUCTS MARKET, BY TYPE (2018–2025)
                    8.1.1.1 Realistic Scenario
                            TABLE 16 REALISTIC SCENARIO: COVID-19 IMPACT ON THE NUT PRODUCT MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
                    8.1.1.2 Optimistic Scenario
                            TABLE 17 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE NUT PRODUCT MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
                    8.1.1.3 Pessimistic Scenario
                            TABLE 18 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE NUT PRODUCT MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
           8.1.2 NUT BUTTERS
                    8.1.2.1 Snacking is the potential growth market for nut spreads
                            FIGURE 32 NUT BUTTERS CONSUMPTION RATE IN EUROPE, 2018 (APPROX)
                            TABLE 19 NUT PRODUCT MARKET FOR NUT BUTTER, BY REGION, 2018–2025 (USD MILLION)
                            TABLE 20 MARKET FOR NUT BUTTER, BY REGION, 2018–2025 (KT)
           8.1.3 NUT PASTE/MARZIPAN PASTE/PERSIPAN PASTE
                    8.1.3.1 Growth in the healthy bakery products’ consumption to boost the nut paste market
                            TABLE 21 MARKET FOR NUT PASTE, BY REGION, 2018–2025 (USD MILLION)
                            TABLE 22 MARKET FOR NUT PASTE, BY REGION, 2018–2025 (KT)
           8.1.4 NUT FILLINGS WITH COCOA
                    8.1.4.1 Increased usage of almond flavor in confectionery and baked foods to drive the market
                            TABLE 23 NUT PRODUCT MARKET FOR NUT FILLINGS WITH COCOA, BY REGION, 2018–2025 (USD MILLION)
                            TABLE 24 MARKET FOR NUT FILLINGS WITH COCOA, BY REGION, 2018–2025 (KT)
           8.1.5 NUT FILLINGS WITHOUT COCOA
                    8.1.5.1 Application of pralines in various foods to drive the market
                            TABLE 25 NUT PRODUCT MARKET FOR NUT FILLINGS WITHOUT COCOA, BY REGION, 2018–2025 (USD MILLION)
                            TABLE 26 NUT PRODUCT MARKET FOR NUT FILLINGS WITHOUT COCOA, BY REGION, 2018–2025 (KT)
           8.1.6 CARAMELIZED NUTS
                    8.1.6.1 Companies to invest in product innovations in the caramelized nuts segment
                            TABLE 27 NUT PRODUCT MARKET FOR CARAMELIZED NUTS, BY REGION, 2018–2025 (USD MILLION)
                            TABLE 28 MARKET FOR CARAMELIZED NUTS, BY REGION, 2018–2025 (KT)
           8.1.7 NUT FLOUR
                    8.1.7.1 Premium range of almond flour to drive the market
                            TABLE 29 NUT PRODUCT MARKET FOR NUT FLOUR, BY REGION,  2018–2025 (USD MILLION)
                            TABLE 30 MARKET FOR NUT FLOUR, BY REGION, 2018–2025 (KT)

9 NUT PRODUCTS MARKET, BY NUT TYPE (Page No. - 107)
    9.1 INTRODUCTION
        FIGURE 33 WORLD TREE NUT PRODUCTION, KERNEL BASIS, 2019-2020
        FIGURE 34 MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2020 VS. 2025 (USD MILLION)
        TABLE 31 MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
        TABLE 32 MARKET SIZE, BY NUT TYPE, 2018–2025 (KT)
           9.1.1 COVID-19 IMPACT ON THE NUT PRODUCTS MARKET, BY NUT TYPE (2018–2025)
                    9.1.1.1 Realistic Scenario
                            TABLE 33 REALISTIC SCENARIO: COVID-19 IMPACT ON THE NUT PRODUCT MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
                    9.1.1.2 Optimistic Scenario
                            TABLE 34 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE NUT PRODUCT MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
                    9.1.1.3 Pessimistic Scenario
                            TABLE 35 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE NUT PRODUCT MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
    9.2 ALMONDS
           9.2.1 ALMONDS RANK THE HIGHEST REGARDING USAGE IN FOOD INDUSTRIES
                 FIGURE 35 CALIFORNIA ALMOND PRODUCTION,2015-2019 (MILLION POUNDS)
                 TABLE 36 MARKET FOR ALMONDS, BY REGION, 2018–2025 (USD MILLION)
                 TABLE 37 NUT PRODUCT MARKET FOR ALMONDS, BY REGION, 2018–2025 (KT)
    9.3 HAZELNUTS
           9.3.1 HAZELNUTS LARGELY PREFERRED IN NORTH AMERICA AND EUROPEAN CONFECTIONERY INDUSTRIES
                 FIGURE 36 WORLD HAZELNUT PRODUCTION, KERNEL BASIS,2015-2020 (METRIC TONS)
                 TABLE 38 MARKET FOR HAZELNUTS, BY REGION, 2018–2025 (USD MILLION)
                 TABLE 39 MARKET FOR HAZELNUTS, BY REGION, 2018–2025 (USD MILLION)
    9.4 WALNUTS
           9.4.1 CHINESE WALNUTS TO HAVE GREAT DEMAND WORLDWIDE
                 FIGURE 37 WALNUT PRODUCTION, KERNEL BASIS,2019-2020
                 TABLE 40 MARKET FOR WALNUTS, BY REGION, 2018–2025 (USD MILLION)
                 TABLE 41 MARKET FOR WALNUTS, BY REGION, 2018–2025 (KT)
    9.5 CASHEWS
           9.5.1 ASIA PACIFIC TO CONTINUE TO BE ONE OF THE LARGEST CONSUMERS OF CASHEWS
                 FIGURE 38 WORLD CASHEW EXPORTS, SHELLED, 2018
                 TABLE 42 MARKET FOR CASHEWS, BY REGION, 2018–2025 (USD MILLION)
                 TABLE 43 MARKET FOR CASHEWS, BY REGION, 2018–2025 (KT)
    9.6 PISTACHIOS
           9.6.1 PISTACHIOS TO BE INCREASINGLY POPULAR IN THE CHINESE MARKET
                 FIGURE 39 PISTACHIO PRODUCTION, IN-SHELL BASIS, 2019-2020
                 TABLE 44 MARKET FOR PISTACHIOS, BY REGION, 2018–2025 (USD MILLION)
                 TABLE 45 MARKET FOR PISTACHIOS, BY REGION, 2018–2025 (KT)
    9.7 PEANUTS
           9.7.1 PEANUT BUTTER TO BE THE MAJORLY CONSUMED NUT BUTTER WORLDWIDE
                 FIGURE 40 ESTIMATED PEANUT PRODUCTION, IN-SHELL BASIS, 2019-2020
                 TABLE 46 NUT PRODUCT MARKET FOR PEANUTS, BY REGION 2018–2025 (USD MILLION)
                 TABLE 47 NUT PRODUCT MARKET FOR PEANUTS, BY REGION 2018–2025 (KT)
    9.8 MACADAMIAS
           9.8.1 MACADAMIA NUTS TO BE INCLUDED IN CEREALS, PROTEIN BARS, AND ICE-CREAM TOPPINGS
                 FIGURE 41 MACADAMIA PRODUCTION, KERNEL BASIS, 2019 (METRIC TONS)
                 TABLE 48 NUT PRODUCT MARKET FOR MACADAMIAS, BY REGION, 2018–2025 (USD MILLION)
                 TABLE 49 MARKET FOR MACADAMIAS, BY REGION, 2018–2025 (KT)
    9.9 PECANS
           9.9.1 PECANS EXPORTED FROM THE US & MEXICO TO BE ACCOUNTED FOR 98% OF THE WORLD’S TOTAL SHARE
                 FIGURE 42 PECAN PRODUCTION, KERNEL BASIS, 2019-2020
                 TABLE 50 MARKET FOR PECANS, BY REGION, 2018–2025 (USD MILLION)
                 TABLE 51 MARKET FOR PECANS, BY REGION, 2018–2025 (KT)
    9.10 PINE NUTS
           9.10.1 INCREASE IN MEDITERRANEAN COOKING AND RISE IN NUTRITIOUS FOOD CONSUMPTION TO DRIVE THE MARKET
                 TABLE 52 MARKET FOR PINE NUTS, BY REGION, 2018–2025 (USD MILLION)
                 TABLE 53 MARKET FOR PINE NUTS, BY REGION, 2018–2025 (KT)
    9.11 BRAZIL NUTS
           9.11.1 BOLIVIA TO BE THE LARGEST PRODUCER OF BRAZIL NUTS
                  TABLE 54 NUT PRODUCT MARKET FOR BRAZIL NUTS, BY REGION, 2018–2025 (USD MILLION)
                  TABLE 55 NUT PRODUCT MARKET FOR BRAZIL NUTS, BY REGION, 2018–2025 (KT)

10 NUT PRODUCTS MARKET, BY APPLICATION (Page No. - 126)
     10.1 INTRODUCTION
          FIGURE 43 MARKET FOR NUT PRODUCTS, BY APPLICATION, 2020 VS. 2025 (USD MILLION)
          TABLE 56 MARKET SIZE FOR INDUSTRIAL FOOD MANUFACTURERS, BY APPLICATION, 2018–2025 (USD MILLION)
          TABLE 57 MARKET SIZE FOR FOODSERVICE & BAKERY, BY APPLICATION, 2018–2025 (USD MILLION)
             10.1.1 COVID-19 IMPACT ON THE NUT PRODUCTS MARKET, BY APPLICATION (2018–2025)
                        10.1.1.1 Realistic Scenario
                                 TABLE 58 REALISTIC SCENARIO: COVID-19 IMPACT ON THE NUT PRODUCTS MARKET FOR FOODSERVICE & BAKERY, BY APPLICATION, 2018–2025 (USD MILLION)
                                 TABLE 59 REALISTIC SCENARIO: COVID-19 IMPACT ON THE NUT PRODUCT MARKET FOR INDUSTRIAL FOOD MANUFACTURERS, BY APPLICATION, 2018–2025 (USD MILLION)
                        10.1.1.2 Optimistic Scenario
                                 TABLE 60 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE NUT PRODUCTS MARKET FOR FOODSERVICE & BAKERY, BY APPLICATION, 2018–2025 (USD MILLION)
                                 TABLE 61 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE NUT PRODUCT MARKET FOR INDUSTRIAL FOOD MANUFACTURERS, BY APPLICATION, 2018–2025 (USD MILLION)
                        10.1.1.3 Pessimistic Scenarios
                                 TABLE 62 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE NUT PRODUCT MARKET FOR FOODSERVICE & BAKERY, BY APPLICATION, 2018–2025 (USD MILLION)
                                 TABLE 63 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE NUT PRODUCTS MARKET FOR INDUSTRIAL FOOD MANUFACTURERS, BY APPLICATION, 2018–2025 (USD MILLION)
     10.2 INDUSTRIAL FOOD MANUFACTURERS
             10.2.1 CHOCOLATE CONFECTIONERY PRODUCTS
                        10.2.1.1 Increasing demand for chocolate confections with almond inclusions drives the market
                                 TABLE 64 INDUSTRIAL FOOD MANUFACTURERS: NUT PRODUCT MARKET SIZE FOR CHOCOLATE CONFECTIONERY PRODUCTS, BY REGION, 2018–2025 (USD MILLION)
             10.2.2 BAKERY PRODUCTS
                        10.2.2.1 Almond flour is highly used in the bakery sector
                                 TABLE 65 INDUSTRIAL FOOD MANUFACTURERS: MARKET SIZE FOR BAKERY PRODUCTS, BY REGION, 2018–2025 (USD MILLION)
             10.2.3 ICE CREAM & FROZEN DESSERTS
                        10.2.3.1 Ice creams with nut inclusions in the premium range are driving the market
                                 TABLE 66 MARKET SIZE FOR NUT BUTTER, BY REGION, 2018–2025 (USD MILLION)
             10.2.4 CEREALS & SNACK BARS
                        10.2.4.1 Nut snack bars to gain popularity in the US as they are considered healthy
                                 TABLE 67 INDUSTRIAL FOOD MANUFACTURERS: MARKET SIZE FOR CEREALS & SNACK BARS, BY REGION, 2018–2025 (USD MILLION)
             10.2.5 BEVERAGES
                        10.2.5.1 Demand for milk substitutes to create a demand for nut-based beverages
                                 TABLE 68 INDUSTRY FOOD MANUFACTURERS: MARKET SIZE FOR BEVERAGES, BY REGION, 2018–2025 (USD MILLION)
             10.2.6 SAVORY PRODUCTS
                        10.2.6.1 Market for nut inclusions in savory products is building slowly with the increasing demand for protein-rich foods
                                 TABLE 69 INDUSTRIAL FOOD MANUFACTURERS: MARKET SIZE FOR SAVORY PRODUCTS, BY REGION, 2018–2025 (USD MILLION)
     10.3 FOODSERVICE AND BAKERY
             10.3.1 BAKERY SHOPS
                        10.3.1.1 Traditional delicacies require more nut products
                                 TABLE 70 FOODSERVICE AND BAKERY: MARKET SIZE FOR BAKERY SHOPS (INCLUDING ARTISANAL BAKERIES), BY REGION, 2018–2025 (USD MILLION)
             10.3.2 FOODSERVICE
                        10.3.2.1 Demand for natural ingredients is driving the market
                                 TABLE 71 FOODSERVICE AND BAKERY: MARKET SIZE FOR FOODSERVICE (RESTAURANTS, CAFES, AND HOTELS), BY REGION, 2018–2025 (USD MILLION)

11 NUT PRODUCTS MARKET, BY QUALITY (Page No. - 137)
     11.1 INTRODUCTION
          FIGURE 44 MARKET FOR NUT PRODUCTS, BY QUALITY, 2020 VS. 2025 (USD MILLION)
          TABLE 72 MARKET SIZE, BY QUALITY, 2018–2025 (USD MILLION)
             11.1.1 COVID-19 IMPACT ON THE NUT PRODUCTS MARKET, BY REGION (2018–2025)
                        11.1.1.1 Realistic Scenario
                                 TABLE 73 REALISTIC SCENARIO: COVID-19 IMPACT ON THE NUT PRODUCTS MARKET SIZE, BY QUALITY, 2018–2025 (USD MILLION)
                        11.1.1.2 Optimistic Scenario
                                 TABLE 74 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE NUT PRODUCT MARKET SIZE, BY QUALITY, 2018–2025 (USD MILLION)
                        11.1.1.3 Pessimistic Scenario
                                 TABLE 75 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE NUT PRODUCT MARKET SIZE, BY QUALITY, 2018–2025 (USD MILLION)
     11.2 STANDARD NUT PRODUCTS
          TABLE76 GLOBAL MARKET FOR STANDARD QUALITY, BY PRODUCT TYPE (USD MILLION)
     11.3 PREMIUM NUT PRODUCTS
          TABLE77 GLOBAL MARKET FOR PREMIUM/SPECIALTY QUALITY, BY PRODUCT TYPE (USD MILLION)

12 NUT PRODUCTS MARKET, BY REGION (Page No. - 143)
     12.1 INTRODUCTION
          FIGURE 45 REGIONAL SNAPSHOT: CANADA & ITALY TO RECORD HIGHEST CAGR FROM 2020 TO 2025
          TABLE 78 MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
          TABLE 79 MARKET SIZE, BY REGION, 2018–2025 (KT)
             12.1.1 COVID-19 IMPACT ON NUT PRODUCTS MARKET, BY REGION (2018–2025)
                        12.1.1.1 Realistic Scenario
                                 TABLE  80 REALISTIC SCENARIO: COVID-19 IMPACT ON NUT PRODUCT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
                        12.1.1.2 Optimistic Scenario
                                 TABLE 81 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON NUT PRODUCT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
                        12.1.1.3 Pessimistic Scenario
                                 TABLE 82 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON NUT PRODUCTS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
     12.2 NORTH AMERICA
          FIGURE 46 NORTH AMERICA: NUT PRODUCTS MARKET
          FIGURE 47 TREE NUT PRODUCTION IN NORTH AMERICA, 2017-2018 (KERNEL BASIS)
          TABLE 83 NORTH AMERICA: MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
          TABLE 84 NORTH AMERICA: MARKET SIZE, BY COUNTRY, 2018–2025 (KT)
          TABLE 85 NORTH AMERICA: MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (USD MILLION)
          TABLE 86 NORTH AMERICA: MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
          TABLE 87 NORTH AMERICA: MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
          TABLE 88 NORTH AMERICA: MARKET SIZE, BY NUT TYPE, 2018–2025 (KT)
          TABLE 89 NORTH AMERICA: MARKET SIZE FOR INDUSTRIAL FOOD MANUFACTURERS, BY CATEGORY 2018–2025 (USD MILLION)
          TABLE 90 NORTH AMERICA: MARKET SIZE FOR FOOD SERVICE & BAKERY, BY CATEGORY 2018–2025 (USD MILLION)
             12.2.1 US
                        12.2.1.1 Almonds lead tree nut consumption in the US
                                 FIGURE 48 US TREE NUT EXPORTS, 2019
                                 TABLE 91 US: MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 92 US: MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
             12.2.2 CANADA
                        12.2.2.1 Growing interest in low-calorie snacks driving nut products market in Canada
                                 TABLE 93 CANADA: MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 94 CANADA:  MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
             12.2.3 MEXICO
                        12.2.3.1 Foodservice industries dominate nut products in Mexico
                                 TABLE 95 MEXICO: MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 96 MEXICO: MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
     12.3 EUROPE
          TABLE 97 PER CAPITA CONSUMPTION OF EDIBLE NUTS IN LEADING EUROPEAN COUNTRIES, 2016
          FIGURE 49 TREE NUT PRODUCTION IN EUROPE, 2019–2020 (METRIC TONS)
          FIGURE 50 EUROPE: NUT PRODUCTS MARKET
          TABLE 98 EUROPE: MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
          TABLE 99 EUROPE: MARKET SIZE, BY COUNTRY, 2018–2025 (KT)
          TABLE 100 EUROPE: MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (USD MILLION)
          TABLE 101 EUROPE: MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
          TABLE 102 EUROPE: MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
          TABLE 103 EUROPE: MARKET SIZE, BY NUT TYPE, 2018–2025 (KT)
          TABLE 104 EUROPE:MARKET SIZE FOR INDUSTRIAL FOOD MANUFACTURERS, BY CATEGORY 2018–2025 (USD MILLION)
          TABLE 105 EUROPE: MARKET SIZE FOR FOOD SERVICE & BAKERY, BY CATEGORY 2018–2025 (USD MILLION)
             12.3.1 GERMANY
                        12.3.1.1 Inclination toward healthy foods increased demand for snacks
                                 FIGURE 51 ALMOND IMPORTS IN GERMANY, 2018 (METRIC TONS)
                                 TABLE 106 GERMANY: MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 107 GERMANY: MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
             12.3.2 SPAIN
                        12.3.2.1 Spanish confectionery and snack industries use various nut products
                                 TABLE 108 SPAIN: MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 109 SPAIN: MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
             12.3.3 FRANCE
                        12.3.3.1 Investor-friendly policies and free-trade agreements to drive the market growth
                                 TABLE 110 FRANCE: MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 111 FRANCE: MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
             12.3.4 ITALY
                        12.3.4.1 Increase in demand for Italian cuisines to drive the market growth
                                 TABLE 112 ITALY: MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 113 ITALY: MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
             12.3.5 UK
                        12.3.5.1 Increasing preference for functional foods to boost the market growth
                                 TABLE 114 UK: MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 115 UK: MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
             12.3.6 BELGIUM
                        12.3.6.1 Huge demand from consumers for chocolates creates growth opportunities for nut product manufacturers
                                 TABLE 116 BELGIUM: MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 117 BELGIUM: MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
             12.3.7 TURKEY
                        12.3.7.1 Increase in hazelnut exports to cater to different food industries
                                 FIGURE 52 WORLD HAZELNUT EXPORTS, 2018 (SHELLED)
                                 TABLE 118 TURKEY: MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 119 TURKEY: MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
             12.3.8 REST OF EUROPE
                        12.3.8.1 Rise in health concerns and increase in vegan population to drive the market growth
                                 TABLE 120 REST OF EUROPE: MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 121 REST OF EUROPE: MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
     12.4 ASIA PACIFIC
          FIGURE 53 ASIA PACIFIC: NUT PRODUCTS MARKET
          TABLE 122 ASIA PACIFIC:MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
          TABLE 123 ASIA PACIFIC: MARKET SIZE, BY COUNTRY, 2018–2025 (KT)
          TABLE 124 ASIA PACIFIC:MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (USD MILLION)
          TABLE 125 ASIA PACIFIC: MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
          TABLE 126 ASIA PACIFIC: MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
          TABLE 127 ASIA PACIFIC: MARKET SIZE, BY NUT TYPE, 2018–2025 (KT)
          TABLE 128 ASIA PACIFIC: MARKET SIZE FOR INDUSTRIAL FOOD MANUFACTURERS, BY CATEGORY, 2018–2025 (USD MILLION)
          TABLE 129 ASIA PACIFIC: MARKET SIZE FOR FOOD SERVICE & BAKERY, BY CATEGORY, 2018–2025 (USD MILLION)
             12.4.1 CHINA
                        12.4.1.1 Increasing shift to premium food products boosting the market for nut products
                                 TABLE 130 CHINA: MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 131 CHINA: MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
             12.4.2 INDIA
                        12.4.2.1 Increasing demand for plant-based foods leading to the market growth
                                 TABLE 132 INDIA: MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 133 INDIA: MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
             12.4.3 JAPAN
                        12.4.3.1 Growth in ‘guilt-free’ food products to pave the way for nut products
                                 TABLE 134 JAPAN: MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 135 JAPAN: MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
             12.4.4 SOUTH KOREA
                        12.4.4.1 Imported nuts account for over 90% of the tree nut consumption in South Korea
                                 FIGURE 54 MARKET SHARE OF NUT TYPES IN SOUTH KOREA, 2019
                                 TABLE 136 SOUTH KOREA: MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 137 SOUTH KOREA: MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
             12.4.5 AUSTRALIA & NEW ZEALAND
                        12.4.5.1 Urge to consume healthy food products to drive the market
                                 TABLE 138 AUSTRALIA & NEW ZEALAND: MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 139 AUSTRALIA & NEW ZEALAND: MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
             12.4.6 REST OF ASIA PACIFIC
                        12.4.6.1 Increasing growth for high-value products to lead to market growth
                                 TABLE 140 REST OF ASIA PACIFIC: MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 141 REST OF ASIA PACIFIC: MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
     12.5 SOUTH AMERICA
          TABLE 142 SOUTH AMERICA: NUT PRODUCTS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
          TABLE 143 SOUTH AMERICA: MARKET SIZE, BY COUNTRY, 2018–2025 (KT)
          TABLE 144 SOUTH AMERICA: MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (USD MILLION)
          TABLE 145 SOUTH AMERICA: MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
          TABLE 146 SOUTH AMERICA: MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
          TABLE 147 SOUTH AMERICA: MARKET SIZE, BY NUT TYPE, 2018–2025 (KT)
          TABLE 148 SOUTH AMERICA:MARKET SIZE FOR INDUSTRIAL FOOD MANUFACTURERS, BY CATEGORY 2018–2025 (USD MILLION)
          TABLE 149 SOUTH AMERICA: MARKET SIZE FOR FOOD SERVICE & BAKERY, BY CATEGORY 2018–2025 (USD MILLION)
             12.5.1 BRAZIL
                        12.5.1.1 Brazil nuts have high demand due to their nutritional content
                                 TABLE 150 BRAZIL: MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 151 BRAZIL: MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
             12.5.2 ARGENTINA
                        12.5.2.1 Increase in the health-related problems to drive market growth
                                 FIGURE 55 ARGENTINEAN HEALTH EXPENDITURE (% OF GDP), 2012-2017
                                 TABLE 152 ARGENTINA: MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 153 ARGENTINA: MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
             12.5.3 REST OF SOUTH AMERICA
                        12.5.3.1 Entry of new market players to boost the nut product market growth
                                 TABLE 154 REST OF SOUTH AMERICA: MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 155 REST OF SOUTH AMERICA: MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
     12.6 REST OF THE WORLD
          TABLE 156 REST OF THE WORLD: NUT PRODUCT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
          TABLE 157 REST OF THE WORLD: MARKET SIZE, BY COUNTRY, 2018–2025 (KT)
          TABLE 158 REST OF THE WORLD: MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (USD MILLION)
          TABLE 159 REST OF THE WORLD: MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
          TABLE 160 REST OF THE WORLD: MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
          TABLE 161 REST OF THE WORLD: MARKET SIZE, BY NUT TYPE, 2018–2025 (KT)
          TABLE 162 REST OF THE WORLD: MARKET SIZE FOR INDUSTRIAL FOOD MANUFACTURERS, BY CATEGORY 2018–2025 (USD MILLION)
          TABLE 163 REST OF THE WORLD: MARKET SIZE FOR FOOD SERVICE & BAKERY, BY CATEGORY 2018–2025 (USD MILLION)
             12.6.1 SOUTH AFRICA
                        12.6.1.1 Key players are focusing on expanding their business in the country
                                 TABLE 164 SOUTH AFRICA: MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 165 SOUTH AFRICA: MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
             12.6.2 MIDDLE EAST
                        12.6.2.1 High consumption of traditional flavors to drive the demand for nut products in the region
                                 TABLE 166 MIDDLE EAST: NUT PRODUCT MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
                                 TABLE 167 MIDDLE EAST: MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
             12.6.3 OTHER COUNTRIES IN AFRICA
                        12.6.3.1 Commodities are grown in line with the ongoing trend of healthy food consumption
                                 TABLE 168 OTHER COUNTRIES IN AFRICA: MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 169 OTHER COUNTRIES IN AFRICA: MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)

13 COMPETITIVE LANDSCAPE (Page No. - 204)
     13.1 COMPANY RANKING, 2019
          TABLE 170 NUT PRODUCTS MARKET COMPANY RANKINGS, 2019
     13.2 REVENUE ANALYSIS OF KEY PLAYERS, 2017-2019
          FIGURE 56 REVENUE ANALYSIS (SEGMENTAL) OF KEY PLAYERS IN THE MARKET, 2017–2019 (USD MILLION)
     13.3 COVID-19 SPECIFIC COMPANY RESPONSE
             13.3.1 OLAM INTERNATIONAL
             13.3.2 BARRY CALLEBAUT
     13.4 COMPANY EVALUATION QUADRANT: DEFINITIONS & METHODOLOGY
             13.4.1 STARS
             13.4.2 EMERGING LEADERS
             13.4.3 PERVASIVE PLAYERS
             13.4.4 PARTICIPANT
                    FIGURE 57 GLOBAL NUT PRODUCTS MARKET COMPANY EVALUATION QUADRANTS, 2019 (OVERALL MARKET)
             13.4.5 PRODUCT FOOTPRINT
                    TABLE 171 NUT PRODUCT MARKET: COMPANY TYPE FOOTPRINT
                    TABLE 172 NUT PRODUCT MARKET: COMPANY APPLICATION FOOTPRINT
                    TABLE 173 NUT PRODUCT MARKET: COMPANY REGION FOOTPRINT
                    TABLE 174 NUT PRODUCT MARKET: OVERALL COMPANY FOOTPRINT
     13.5 PRODUCT LAUNCHES, DEALS & OTHER DEVELOPMENTS
             13.5.1 NEW PRODUCT LAUNCHES/ PRODUCT INNOVATIONS
                    TABLE 175 NEW PRODUCT LAUNCHES, JANUARY 2018– DECEMBER 2020
             13.5.2 DEALS
                    TABLE 176 DEALS, JANUARY 2018– DECEMBER 2020
             13.5.3 OTHERS (EXPANSIONS)
                    TABLE 177 EXPANSIONS, JANUARY 2018–DECEMBER 2020

14 COMPANY PROFILES (Page No. - 216)
     14.1 KEY PLAYERS
(Business overview, Products offered, Recent Developments, SWOT analysis, MNM view)*
             14.1.1 OLAM INTERNATIONAL
                    TABLE 178 OLAM INTERNATIONAL: BUSINESS OVERVIEW
                    FIGURE 58 OLAM INTERNATIONAL: COMPANY SNAPSHOT
                    TABLE 179 OLAM INTERNATIONAL: PRODUCTS OFFERED
             14.1.2 BARRY CALLEBAUT
                    TABLE 180 BARRY CALLEBAUT: BUSINESS OVERVIEW
                    FIGURE 59 BARRY CALLEBAUT: COMPANY SNAPSHOT
                    TABLE 181 BARRY CALLEBAUT: PRODUCTS OFFERED
             14.1.3 BLUE DIAMOND GROWERS
                    TABLE 182 BLUE DIAMOND GROWERS: BUSINESS OVERVIEW
                    FIGURE 60 BLUE DIAMOND GROWERS: COMPANY SNAPSHOT
                    TABLE 183 BLUE DIAMOND GROWERS: PRODUCTS OFFERED
             14.1.4 SUCREST GMBH (SUBSIDIARY OF KERRY GROUP)
                    TABLE 184 SUCREST GMBH: BUSINESS OVERVIEW
                    FIGURE 61 KERRY GROUP: COMPANY SNAPSHOT
                    TABLE 185 KERRY GROUP: PRODUCTS OFFERED
             14.1.5 ZENTIS GMBH & CO. KG
                    TABLE 186 ZENTIS GMBH & CO.KG: BUSINESS OVERVIEW
                    FIGURE 62 ZENTIS GMBH & CO. KG: COMPANY SNAPSHOT
                    TABLE 187 ZENTIS GMBH & CO. KG: PRODUCTS OFFERED
             14.1.6 MOUNT FRANKLIN FOODS
                    TABLE 188 MOUNT FRANKLIN FOODS: BUSINESS OVERVIEW
                    TABLE 189 MOUNT FRANKLIN FOODS: PRODUCTS OFFERED
             14.1.7 MANDELIN, INC
                    TABLE 190 MANDELIN, INC: BUSINESS OVERVIEW
                    TABLE 191 MANDELIN, INC: PRODUCTS OFFERED
             14.1.8 BAZZINI
                    TABLE 192 BAZZINI: BUSINESS OVERVIEW
                    TABLE 193 BAZZINI: PRODUCTS OFFERED
             14.1.9 BESANA
                    TABLE 194 BESANA: BUSINESS OVERVIEW
                    TABLE 195 BESANA: PRODUCTS OFFERED
             14.1.10 LUBECA
                     TABLE 196 LUBECA: BUSINESS OVERVIEW
                     TABLE 197 LUBECA: PRODUCTS OFFERED
             14.1.11 PURATOS
                     TABLE 198 PURATOS: BUSINESS OVERVIEW
                     TABLE 199 PURATOS: PRODUCTS OFFERED
             14.1.12 LEMKE
                     TABLE 200 LEMKE: BUSINESS OVERVIEW
                     TABLE 201 LEMKE: PRODUCTS OFFERED
             14.1.13 ALMENDRAS LLOPIS
                     TABLE 202 ALMENDRAS LLOPIS: BUSINESS OVERVIEW
                     TABLE 203 ALMENDRAS LLOPIS: PRODUCTS OFFERED
             14.1.14 KANEGRADE
                     TABLE 204 KANEGRADE: BUSINESS OVERVIEW
                     TABLE 205 KANEGRADE: PRODUCTS OFFERED
             14.1.15 MOLL MARZIPAN GMBH
                     TABLE 206 MOLL MARZIPAN GMBH: BUSINESS OVERVIEW
                     TABLE 207 MOLL MARZIPAN GMBH: PRODUCTS OFFERED
             14.1.16 KONDIMA
                     TABLE 208 KONDIMA: BUSINESS OVERVIEW
                     TABLE 209 KONDIMA: PRODUCTS OFFERED
             14.1.17 CSM
                     TABLE 210 CSM: BUSINESS OVERVIEW
                     TABLE 211 CSM: PRODUCTS OFFERED
             14.1.18 TREEHOUSE ALMONDS
                     TABLE 212 TREEHOUSE ALMONDS: BUSINESS OVERVIEW
                     TABLE 213 TREEHOUSE ALMONDS: PRODUCTS OFFERED
             14.1.19 ROYAL NUT COMPANY
                     TABLE 214 ROYAL NUT COMPANY: BUSINESS OVERVIEW
                     TABLE 215 ROYAL NUT COMPANY: PRODUCTS OFFERED
             14.1.20 STELLIFERI & ITAVEX S.P.A (ACQUIRER: FERRERO INTERNATIONAL S.A.)
                     TABLE 216 STELLIFERI & ITAVEX S.P.A: BUSINESS OVERVIEW
                     TABLE 217 STELLIFERI & ITAVEX S.P.A: PRODUCTS OFFERED

*Details on Business overview, Products offered, Recent Developments, SWOT analysis, MNM view might not be captured in case of unlisted companies.

15 APPENDIX (Page No. - 250)
     15.1 DISCUSSION GUIDE
     15.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     15.3 AVAILABLE CUSTOMIZATIONS
     15.4 RELATED REPORTS
     15.5 AUTHOR DETAILS

The study involves four major activities to estimate the current market size of the nut products market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. These findings, assumptions, and market sizes were validated with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the complete market size. After that, the market breakdown and data triangulation approaches were used to estimate segments and subsegments' market size.

Secondary Research

In the secondary research process, various secondary sources such as Hoovers, Bloomberg Business Week, and Dun & Bradstreet were referred to identify and collect information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold standard & silver standard websites, food safety organizations, regulatory bodies, trade directories, and databases.

Primary Research

The nut productsmarket comprises several stakeholders, such as manufacturers, importers & exporters, traders, distributors & suppliers of nut products, consumers, and government & research organizations. It also includes manufacturers of nut products. The rising demand for bakery, confectionery, dairy, cereal-based processed products and savoury foods characterizes the demand-side of this market. The supply-side is characterized by the supply of raw materials in the market from various market suppliers. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary respondents:
 

Nut Products Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the nut product market. These approaches were also used extensively to determine the size of subsegments in the market. The research methodology used to estimate the market size included the following details:

  • Approach 1:
  • Key players in the industry and the market were identified through extensive secondary research.
  • The sales potential of major nut product players was determined through primary and secondary research, such as paid databases, which were used as the basis for market estimation.
  • Based on the product portfolio strength of key industry players from all regions, the final nut product market size was arrived.
  • Approach 2:
  • Based on the demand for different product types and quality of nut products, offerings of key players, and the region-wise presence of major players, the global market for subsegments were estimated.
  • Other factors considered included the demand for indulgent baked commodities, growth in confectionery product consumption across key markets, nut-based product outreach and utilization aspects, functionality and organoleptic attributes, pricing trends, patents registered, and organic growth attempts.
  • The demand analysis was conducted for each product type, nut type, end-user, quality, and region.
  • The pricing analysis was conducted based on the product types of nut-based, semi-finished products in different regions.
  • From this approach, we derived the market size for each region.
  • Summing up the above, we arrived at the market size of the global nut product market.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
  • All macroeconomic and microeconomic factors affecting the growth of the nut product market were considered while estimating the market size.
  • All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain final quantitative and qualitative data.

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the total market was split into the different segments and sub-segments (in case of end-use). To estimate the overall nut products market and arrive at the exact statistics for all subsegments, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from the demand and supply sides. Along with this, the market size was validated using both the top-down and bottom-up approaches.

Report Objectives

  • Determining and projecting the size of the nut product market with respect to type, nut type, quality, application, and region over five years ranging from 2020 to 2025
  • Identifying the attractive opportunities in the market by determining the largest and fastest-growing segments across the key regions
  • Analyzing the demand-side factors based on the following:
  • Impact of macro- and micro-economic factors on the market
  • Shifts in demand patterns across different subsegments and regions
  • Identifying and profiling key players in the nut product market
  • Determining the share of key players operating in the market
  • Providing a comparative analysis of the market leaders on the basis of the following:
  • Product offerings
  • Business strategies
  • SWOT (strengths, weaknesses, opportunities, and threats)
  • Key financials
  • Understanding the competitive landscape and identifying the major growth strategies adopted by players across key regions
  • Analyzing the market dynamics and competitive situations & trends across regions and their impact on prominent market players

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to client-specific needs.

The following customization options are available for the report:

Product Analysis

  • Product matrix, which provides a detailed comparison of the product portfolio of each company

Geographic Analysis

  • Further breakdown of the Rest of Asia Pacific nut products market into Malaysia, Thailand, Indonesia, and Vietnam.
  • Further breakdown of the Rest of European nut product market into the Netherlands, Poland, Sweden, Switzerland, and other EU and non-EU countries.
  • Further breakdown of the Rest of South American nut product market into olivia, Peru, Chile, and Venezuela.
  • Further breakdown of the Rest of African nut products market Nigeria, Kenya, and Ghana.

Segmental Analysis

  • Further breakdown of the types of nut products in the market, by nut types.

Company Information

  • Detailed analysis and profiling of additional market players (up to five)
COVID-19

Get in-depth analysis of the COVID-19 impact on the Nut Products Market

Benchmarking the rapid strategy shifts of the Top 100 companies in the Nut Products Market

Request For Special Pricing
Report Code
FB 7855
Published ON
Mar, 2021
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Nut Products Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2021 MarketsandMarkets Research Private Ltd. All rights reserved
...

Digital Virtual Assistant - MarketsandMarkets

Home