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

[252 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 nut products market. The product launches by key players belonging to key application sectors such as bakery and confectionery is also driving the growth of nut products market.

Nut Products Market

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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 nut products 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 nut products 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 nut products 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

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Europe is projected to dominate the nut products 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.

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 32)
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
    1.3 MARKET SCOPE
        FIGURE 1 NUT PRODUCTS 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 NUT PRODUCTS MARKET: 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
           2.2.1 BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN APPROACH
    2.3 DATA TRIANGULATION
        FIGURE 3 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 4 COVID-19: GLOBAL PROPAGATION
        FIGURE 5 COVID-19 PROPAGATION: SELECT COUNTRIES
    2.8 COVID-19 ECONOMIC ASSESSMENT
        FIGURE 6 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020
           2.8.1 COVID-19 ECONOMIC IMPACT: SCENARIO ASSESSMENT
                 FIGURE 7 CRITERIA IMPACTING GLOBAL ECONOMY
                 FIGURE 8 SCENARIOS IN TERMS OF RECOVERY OF GLOBAL ECONOMY

3 EXECUTIVE SUMMARY (Page No. - 54)
  FIGURE 9 NUT PRODUCTS MARKET, BY NUT TYPE, 2020 VS. 2025 (USD MILLION)
  FIGURE 10 NUT PRODUCTS MARKET, BY TYPE, 2020 VS. 2025 (USD MILLION)
  FIGURE 11 NUT PRODUCTS MARKET, BY APPLICATION, 2020 VS. 2025 (USD MILLION)
  FIGURE 12 NUT PRODUCTS MARKET: REGIONAL SNAPSHOT

4 PREMIUM INSIGHTS (Page No. - 58)
    4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN NUT PRODUCTS MARKET
        FIGURE 13 GROWING DEMAND FOR PLANT-BASED FOODS DRIVES MARKET FOR NUT PRODUCTS
    4.2 NORTH AMERICA: NUT PRODUCTS MARKET, BY APPLICATION & COUNTRY
        FIGURE 14 BAKERY SHOPS HELD HIGHER MARKET SHARE IN NORTH AMERICAN NUT PRODUCTS MARKET
    4.3 NUT PRODUCTS MARKET, BY TYPE
        FIGURE 15 NUT PASTE SEGMENT DOMINATED NUT PRODUCTS MARKET ACROSS REGIONS IN 2019
    4.4 NUT PRODUCTS MARKET, BY APPLICATION
        FIGURE 16 BAKERY PRODUCTS SEGMENT TO DOMINATE NUT PRODUCTS MARKET DURING FORECAST PERIOD
    4.5 NUT PRODUCTS MARKET, BY NUT TYPE
        FIGURE 17 ALMONDS SEGMENT TO DOMINATE NUT PRODUCTS MARKET DURING FORECAST PERIOD
    4.6 NUT PRODUCTS MARKET, BY REGION
        FIGURE 18 GERMANY ACCOUNTED FOR HIGHEST SHARE OF GLOBAL NUT PRODUCTS MARKET, 2019

5 MARKET OVERVIEW (Page No. - 62)
    5.1 INTRODUCTION
        FIGURE 19 REGIONAL CONTRIBUTIONS TO NEW PRODUCT LAUNCHES CONTAINING ALMONDS, 2019
    5.2 MARKET DYNAMICS
        FIGURE 20 NUT PRODUCTS MARKET: 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 21 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 22 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 23 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 nut products 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 24 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: NUT PRODUCTS MARKET, BY TYPE
        TABLE 5 PRICING ANALYSIS OF NUT PRODUCTS TYPE, 2019 (‘000 USD/TONNES)
        FIGURE 25 PRICING TREND OF NUT-BASED SEMI-FINISHED PRODUCTS, BY KEY NUT TYPE, 2018-2020 (‘000 USD/TONNES)
    6.4 ECOSYSTEM MAP
           6.4.1 NUT PRODUCTS MARKET: ECOSYSTEM VIEW
           6.4.2 NUT PRODUCTS MARKET: 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 26 REVENUE SHIFT FOR NUT PRODUCTS
    6.6 PATENT ANALYSIS
        FIGURE 27 NUMBER OF PATENTS GRANTED FOR NUT-BASED PRODUCTS IN A YEAR OVER THE LAST 10 YEARS (2010–2020)
        FIGURE 28 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 29 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
        TABLE 10 NUT PRODUCTS MARKET: IMPROVISING THE TEXTURAL ATTRIBUTES OF NUT BUTTERS AND FACILITATING ITS INCORPORATION FOR ENHANCED SENSORY PROPERTIES OF END-PRODUCTS
        TABLE 11 NUT PRODUCTS MARKET: 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
        TABLE 12 NUT PRODUCTS MARKET: NUT-BASED DERIVATIVE PRODUCTS– COMPOSITION AND KEY REQUISITES
        TABLE 13 NUT PRODUCTS MARKET: 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 30 NUT PRODUCTS MARKET, BY TYPE, 2020 VS. 2025 (USD MILLION)
        TABLE 14 NUT PRODUCTS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
           8.1.1 COVID-19 IMPACT ON THE NUT PRODUCTS MARKET, BY TYPE (2018–2025)
                    8.1.1.1 Realistic Scenario
                            TABLE 15 REALISTIC SCENARIO: COVID-19 IMPACT ON THE NUT PRODUCTS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
                    8.1.1.2 Optimistic Scenario
                            TABLE 16 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE NUT PRODUCTS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
                    8.1.1.3 Pessimistic Scenario
                            TABLE 17 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE NUT PRODUCTS 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 31 NUT BUTTERS CONSUMPTION RATE IN EUROPE, 2018 (APPROX)
                            TABLE 18 NUT PRODUCTS MARKET FOR NUT BUTTER, BY REGION, 2018–2025 (USD MILLION)
           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 19 NUT PRODUCTS MARKET FOR NUT PASTE, BY REGION, 2018–2025 (USD MILLION)
           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 20 NUT PRODUCTS MARKET FOR NUT FILLINGS WITH COCOA, BY REGION, 2018–2025 (USD MILLION)
           8.1.5 NUT FILLINGS WITHOUT COCOA
                    8.1.5.1 Application of pralines in various foods to drive the market
                            TABLE 21 NUT PRODUCTS MARKET FOR NUT FILLINGS WITHOUT COCOA, BY REGION, 2018–2025 (USD MILLION)
           8.1.6 CARAMELIZED NUTS
                    8.1.6.1 Companies to invest in product innovations in the caramelized nuts segment
                            TABLE 22 NUT PRODUCTS MARKET FOR CARAMELIZED NUTS, BY REGION, 2018–2025 (USD MILLION)
           8.1.7 NUT FLOUR
                    8.1.7.1 Premium range of almond flour to drive the market
                            TABLE 23 NUT PRODUCTS MARKET FOR NUT FLOUR, BY REGION, 2018–2025 (USD MILLION)

9 NUT PRODUCTS MARKET, BY NUT TYPE (Page No. - 105)
    9.1 INTRODUCTION
        FIGURE 32 WORLD TREE NUT PRODUCTION, KERNEL BASIS, 2019-2020
        FIGURE 33 NUT PRODUCTS MARKET, BY NUT TYPE, 2020 VS. 2025 (USD MILLION)
        TABLE 24 NUT PRODUCTS MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
           9.1.1 COVID-19 IMPACT ON THE NUT PRODUCTS MARKET, BY NUT TYPE (2018–2025)
                    9.1.1.1 Realistic Scenario
                            TABLE 25 REALISTIC SCENARIO: COVID-19 IMPACT ON THE NUT PRODUCTS MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
                    9.1.1.2 Optimistic Scenario
                            TABLE 26 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE NUT PRODUCTS MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
                    9.1.1.3 Pessimistic Scenario
                            TABLE 27 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE NUT PRODUCTS 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 34 CALIFORNIA ALMOND PRODUCTION,2015-2019 (MILLION POUNDS)
                 TABLE 28 NUT PRODUCTS MARKET FOR ALMONDS, BY REGION, 2018–2025 (USD MILLION)
    9.3 HAZELNUTS
           9.3.1 HAZELNUTS LARGELY PREFERRED IN NORTH AMERICA AND EUROPEAN CONFECTIONERY INDUSTRIES
                 FIGURE 35 WORLD HAZELNUT PRODUCTION, KERNEL BASIS,2015-2020 (METRIC TONS)
                 TABLE 29 NUT PRODUCTS MARKET FOR HAZELNUTS, BY REGION, 2018–2025 (USD MILLION)
    9.4 WALNUTS
           9.4.1 CHINESE WALNUTS TO HAVE GREAT DEMAND WORLDWIDE
                 FIGURE 36 WALNUT PRODUCTION, KERNEL BASIS,2019-2020
                 TABLE 30 NUT PRODUCTS MARKET FOR WALNUTS, BY REGION, 2018–2025 (USD MILLION)
    9.5 CASHEWS
           9.5.1 ASIA PACIFIC TO CONTINUE TO BE ONE OF THE LARGEST CONSUMERS OF CASHEWS
                 FIGURE 37 WORLD CASHEW EXPORTS, SHELLED, 2018
                 TABLE 31 NUT PRODUCTS MARKET FOR CASHEWS, BY REGION, 2018–2025 (USD MILLION)
    9.6 PISTACHIOS
           9.6.1 PISTACHIOS TO BE INCREASINGLY POPULAR IN THE CHINESE MARKET
                 FIGURE 38 PISTACHIO PRODUCTION, IN-SHELL BASIS, 2019-2020
                 TABLE 32 NUT PRODUCTS MARKET FOR PISTACHIOS, BY REGION, 2018–2025 (USD MILLION)
    9.7 PEANUTS
           9.7.1 PEANUT BUTTER TO BE THE MAJORLY CONSUMED NUT BUTTER WORLDWIDE
                 FIGURE 39 ESTIMATED PEANUT PRODUCTION, IN-SHELL BASIS, 2019-2020
                 TABLE 33 NUT PRODUCTS MARKET FOR PEANUTS, BY REGION 2018–2025 (USD MILLION)
    9.8 MACADAMIAS
           9.8.1 MACADAMIA NUTS TO BE INCLUDED IN CEREALS, PROTEIN BARS, AND ICE-CREAM TOPPINGS
                 FIGURE 40 MACADAMIA PRODUCTION, KERNEL BASIS, 2019 (METRIC TONS)
                 TABLE 34 NUT PRODUCTS MARKET FOR MACADAMIAS, BY REGION, 2018–2025 (USD MILLION)
    9.9 PECANS
           9.9.1 PECANS EXPORTED FROM THE US & MEXICO TO BE ACCOUNTED FOR 98% OF THE WORLD’S TOTAL SHARE
                 FIGURE 41 PECAN PRODUCTION, KERNEL BASIS, 2019-2020
                 TABLE 35 NUT PRODUCTS MARKET FOR PECANS, BY REGION, 2018–2025 (USD MILLION)
    9.10 PINE NUTS
           9.10.1 INCREASE IN MEDITERRANEAN COOKING AND RISE IN NUTRITIOUS FOOD CONSUMPTION TO DRIVE THE MARKET
                  TABLE 36 NUT PRODUCTS MARKET FOR PINE NUTS, BY REGION, 2018–2025 (USD MILLION)
    9.11 BRAZIL NUTS
           9.11.1 BOLIVIA TO BE THE LARGEST PRODUCER OF BRAZIL NUTS
                  TABLE 37 NUT PRODUCTS MARKET FOR BRAZIL NUTS, BY REGION, 2018–2025 (USD MILLION)

10 NUT PRODUCTS MARKET, BY APPLICATION (Page No. - 121)
     10.1 INTRODUCTION
          FIGURE 42 NUT PRODUCTS MARKET, BY APPLICATION, 2020 VS. 2025 (USD MILLION)
          TABLE 38 NUT PRODUCTS MARKET SIZE FOR INDUSTRIAL FOOD MANUFACTURERS, BY APPLICATION, 2018–2025 (USD MILLION)
          TABLE 39 NUT PRODUCTS 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 40 REALISTIC SCENARIO: COVID-19 IMPACT ON THE NUT PRODUCTS MARKET FOR FOODSERVICE & BAKERY, BY APPLICATION, 2018–2025 (USD MILLION)
                                 TABLE 41 REALISTIC SCENARIO: COVID-19 IMPACT ON THE NUT PRODUCTS MARKET FOR INDUSTRIAL FOOD MANUFACTURERS, BY APPLICATION, 2018–2025 (USD MILLION)
                        10.1.1.2 Optimistic Scenario
                                 TABLE 42 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE NUT PRODUCTS MARKET FOR FOODSERVICE & BAKERY, BY APPLICATION, 2018–2025 (USD MILLION)
                                 TABLE 43 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE NUT PRODUCTS MARKET FOR INDUSTRIAL FOOD MANUFACTURERS, BY APPLICATION, 2018–2025 (USD MILLION)
                        10.1.1.3 Pessimistic Scenarios
                                 TABLE 44 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE NUT PRODUCTS MARKET FOR FOODSERVICE & BAKERY, BY APPLICATION, 2018–2025 (USD MILLION)
                                 TABLE 45 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 46 INDUSTRIAL FOOD MANUFACTURERS: NUT PRODUCTS 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 47 INDUSTRIAL FOOD MANUFACTURERS: NUT PRODUCTS 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 48 NUT PRODUCTS 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 49 INDUSTRIAL FOOD MANUFACTURERS: NUT PRODUCTS 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 50 INDUSTRY FOOD MANUFACTURERS: NUT PRODUCTS 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 51 INDUSTRIAL FOOD MANUFACTURERS: NUT PRODUCTS 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 52 FOODSERVICE AND BAKERY: NUT PRODUCTS 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 nut products market
                                 TABLE 53 FOODSERVICE AND BAKERY: NUT PRODUCTS MARKET SIZE FOR FOODSERVICE (RESTAURANTS, CAFES, AND HOTELS), BY REGION, 2018–2025 (USD MILLION)

11 NUT PRODUCTS MARKET, BY QUALITY (Page No. - 133)
     11.1 INTRODUCTION
          FIGURE 43 NUT PRODUCTS MARKET, BY QUALITY, 2020 VS. 2025 (USD MILLION)
          TABLE 54 NUT PRODUCTS 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 55 REALISTIC SCENARIO: COVID-19 IMPACT ON THE NUT PRODUCTS MARKET SIZE, BY QUALITY, 2018–2025 (USD MILLION)
                        11.1.1.2 Optimistic Scenario
                                 TABLE 56 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE NUT PRODUCTS MARKET SIZE, BY QUALITY, 2018–2025 (USD MILLION)
                        11.1.1.3 Pessimistic Scenario
                                 TABLE 57 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE NUT PRODUCTS MARKET SIZE, BY QUALITY, 2018–2025 (USD MILLION)
     11.2 STANDARD NUT PRODUCTS
          TABLE 58 GLOBAL NUT PRODUCTS MARKET FOR STANDARD QUALITY, BY PRODUCT TYPE (USD MILLION)
     11.3 PREMIUM NUT PRODUCTS
          TABLE 59 GLOBAL NUT PRODUCTS MARKET FOR PREMIUM/SPECIALTY QUALITY, BY PRODUCT TYPE (USD MILLION)

12 NUT PRODUCTS MARKET, BY REGION (Page No. - 139)
     12.1 INTRODUCTION
          FIGURE 44 REGIONAL SNAPSHOT: CANADA & TO RECORD HIGHEST CAGR FROM 2020 TO 2025
          TABLE 60 NUT PRODUCTS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
          TABLE 61 NUT PRODUCTS 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 62 REALISTIC SCENARIO: COVID-19 IMPACT ON NUT PRODUCTS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
                        12.1.1.2 Optimistic Scenario
                                 TABLE 63 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON NUT PRODUCTS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
                        12.1.1.3 Pessimistic Scenario
                                 TABLE 64 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON NUT PRODUCTS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
     12.2 NORTH AMERICA
          FIGURE 45 NORTH AMERICA: NUT PRODUCTS MARKET
          FIGURE 46 TREE NUT PRODUCTION IN NORTH AMERICA, 2017-2018 (KERNEL BASIS)
          TABLE 65 NORTH AMERICA: NUT PRODUCTS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
          TABLE 66 NORTH AMERICA: NUT PRODUCTS MARKET SIZE, BY COUNTRY, 2018–2025 (KT)
          TABLE 67 NORTH AMERICA: NUT PRODUCTS MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (USD MILLION)
          TABLE 68 NORTH AMERICA: NUT PRODUCTS MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
          TABLE 69 NORTH AMERICA: NUT PRODUCTS MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
          TABLE 70 NORTH AMERICA: NUT PRODUCTS MARKET SIZE, BY NUT TYPE, 2018–2025 (KT)
          TABLE 71 NORTH AMERICA: NUT PRODUCTS MARKET SIZE FOR INDUSTRIAL FOOD MANUFACTURERS, BY CATEGORY 2018–2025 (USD MILLION)
          TABLE 72 NORTH AMERICA: NUT PRODUCTS 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 47 US TREE NUT EXPORTS, 2019
                                 TABLE 73 US: NUT PRODUCTS MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 74 US: NUT PRODUCTS 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 75 CANADA: NUT PRODUCTS MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 76 CANADA: NUT PRODUCTS 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 77 MEXICO: NUT PRODUCTS MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 78 MEXICO: NUT PRODUCTS MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
     12.3 EUROPE
          TABLE 79 PER CAPITA CONSUMPTION OF EDIBLE NUTS IN LEADING EUROPEAN COUNTRIES, 2016
          FIGURE 48 TREE NUT PRODUCTION IN EUROPE, 2019–2020 (METRIC TONS)
          FIGURE 49 EUROPE: NUT PRODUCTS MARKET
          TABLE 80 EUROPE: NUT PRODUCTS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
          TABLE 81 EUROPE: NUT PRODUCTS MARKET SIZE, BY COUNTRY, 2018–2025 (KT)
          TABLE 82 EUROPE: NUT PRODUCTS MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (USD MILLION)
          TABLE 83 EUROPE: NUT PRODUCTS MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
          TABLE 84 EUROPE: NUT PRODUCTS MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
          TABLE 85 EUROPE: NUT PRODUCTS MARKET SIZE, BY NUT TYPE, 2018–2025 (KT)
          TABLE 86 EUROPE: NUT PRODUCTS MARKET SIZE FOR INDUSTRIAL FOOD MANUFACTURERS, BY CATEGORY 2018–2025 (USD MILLION)
          TABLE 87 EUROPE: NUT PRODUCTS 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 50 ALMOND IMPORTS IN GERMANY, 2018 (METRIC TONS)
                                 TABLE 88 GERMANY: NUT PRODUCTS MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 89 GERMANY: NUT PRODUCTS 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 90 SPAIN: NUT PRODUCTS MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 91 SPAIN: NUT PRODUCTS 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 92 FRANCE: NUT PRODUCTS MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 93 FRANCE: NUT PRODUCTS 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 94 ITALY: NUT PRODUCTS MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 95 ITALY: NUT PRODUCTS 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 nut products market growth
                                 TABLE 96 UK: NUT PRODUCTS MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 97 UK: NUT PRODUCTS 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 98 BELGIUM: NUT PRODUCTS MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 99 BELGIUM: NUT PRODUCTS 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 51 WORLD HAZELNUT EXPORTS, 2018 (SHELLED)
                                 TABLE 100 TURKEY: NUT PRODUCTS MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 101 TURKEY: NUT PRODUCTS 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 102 REST OF EUROPE: NUT PRODUCTS MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 103 REST OF EUROPE: NUT PRODUCTS MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
     12.4 ASIA PACIFIC
          FIGURE 52 ASIA PACIFIC: NUT PRODUCTS MARKET
          TABLE 104 ASIA PACIFIC: NUT PRODUCTS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
          TABLE 105 ASIA PACIFIC: NUT PRODUCTS MARKET SIZE, BY COUNTRY, 2018–2025 (KT)
          TABLE 106 ASIA PACIFIC: NUT PRODUCTS MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (USD MILLION)
          TABLE 107 ASIA PACIFIC: NUT PRODUCTS MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
          TABLE 108 ASIA PACIFIC: NUT PRODUCTS MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
          TABLE 109 ASIA PACIFIC: NUT PRODUCTS MARKET SIZE, BY NUT TYPE, 2018–2025 (KT)
          TABLE 110 ASIA PACIFIC: NUT PRODUCTS MARKET SIZE FOR INDUSTRIAL FOOD MANUFACTURERS, BY CATEGORY, 2018–2025 (USD MILLION)
          TABLE 111 ASIA PACIFIC: NUT PRODUCTS MARKET SIZE FOR FOOD SERVICE & BAKERY, BY CATEGORY, 2018–2025 (USD MILLION)
             12.4.1 CHINA
                    TABLE 112 CHINA: NUT PRODUCTS MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                    TABLE 113 CHINA: NUT PRODUCTS 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 nut products market growth
                                 TABLE 114 INDIA: NUT PRODUCTS MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 115 INDIA: NUT PRODUCTS 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 116 JAPAN: NUT PRODUCTS MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 117 JAPAN: NUT PRODUCTS 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 53 MARKET SHARE OF NUT TYPES IN SOUTH KOREA, 2019
                                 TABLE 118 SOUTH KOREA: NUT PRODUCTS MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 119 SOUTH KOREA: NUT PRODUCTS 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 nut products market
                                 TABLE 120 AUSTRALIA & NEW ZEALAND: NUT PRODUCTS MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 121 AUSTRALIA & NEW ZEALAND: NUT PRODUCTS 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 122 REST OF ASIA PACIFIC: NUT PRODUCTS MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 123 REST OF ASIA PACIFIC: NUT PRODUCTS MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
     12.5 SOUTH AMERICA
          TABLE 124 SOUTH AMERICA: NUT PRODUCTS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
          TABLE 125 SOUTH AMERICA: NUT PRODUCTS MARKET SIZE, BY COUNTRY, 2018–2025 (KT)
          TABLE 126 SOUTH AMERICA: NUT PRODUCTS MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (USD MILLION)
          TABLE 127 SOUTH AMERICA: NUT PRODUCTS MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
          TABLE 128 SOUTH AMERICA: NUT PRODUCTS MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
          TABLE 129 SOUTH AMERICA: NUT PRODUCTS MARKET SIZE, BY NUT TYPE, 2018–2025 (KT)
          TABLE 130 SOUTH AMERICA: NUT PRODUCTS MARKET SIZE FOR INDUSTRIAL FOOD MANUFACTURERS, BY CATEGORY 2018–2025 (USD MILLION)
          TABLE 131 SOUTH AMERICA: NUT PRODUCTS 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 132 BRAZIL: NUT PRODUCTS MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 133 BRAZIL: NUT PRODUCTS 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 54 ARGENTINEAN HEALTH EXPENDITURE (% OF GDP), 2012-2017
                                 TABLE 134 ARGENTINA: NUT PRODUCTS MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 135 ARGENTINA: NUT PRODUCTS 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 products market growth
                                 TABLE 136 REST OF SOUTH AMERICA: NUT PRODUCTS MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 137 REST OF SOUTH AMERICA: NUT PRODUCTS MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
     12.6 REST OF THE WORLD
          TABLE 138 REST OF THE WORLD: NUT PRODUCTS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
          TABLE 139 REST OF THE WORLD: NUT PRODUCTS MARKET SIZE, BY COUNTRY, 2018–2025 (KT)
          TABLE 140 REST OF THE WORLD: NUT PRODUCTS MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (USD MILLION)
          TABLE 141 REST OF THE WORLD: NUT PRODUCTS MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
          TABLE 142 REST OF THE WORLD: NUT PRODUCTS MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
          TABLE 143 REST OF THE WORLD: NUT PRODUCTS MARKET SIZE, BY NUT TYPE, 2018–2025 (KT)
          TABLE 144 REST OF THE WORLD: NUT PRODUCTS MARKET SIZE FOR INDUSTRIAL FOOD MANUFACTURERS, BY CATEGORY 2018–2025 (USD MILLION)
          TABLE 145 REST OF THE WORLD: NUT PRODUCTS 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 146 SOUTH AFRICA: NUT PRODUCTS MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 147 SOUTH AFRICA: NUT PRODUCTS 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 148 MIDDLE EAST: NUT PRODUCTS MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)
                                 TABLE 149 MIDDLE EAST: NUT PRODUCTS 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 150 OTHER COUNTRIES IN AFRICA: NUT PRODUCTS MARKET SIZE, BY PRODUCT TYPE, 2018–2025 (KT)
                                 TABLE 151 OTHER COUNTRIES IN AFRICA: NUT PRODUCTS MARKET SIZE, BY NUT TYPE, 2018–2025 (USD MILLION)

13 COMPETITIVE LANDSCAPE (Page No. - 199)
     13.1 COMPANY RANKING, 2019
          TABLE 152 NUT PRODUCTS MARKET COMPANY RANKINGS, 2019
     13.2 REVENUE ANALYSIS OF KEY PLAYERS, 2017-2019
          FIGURE 55 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 56 GLOBAL NUT PRODUCTS MARKET COMPANY EVALUATION QUADRANTS, 2019 (OVERALL MARKET)
             13.4.5 PRODUCT FOOTPRINT
                    TABLE 153 NUT PRODUCTS MARKET: COMPANY TYPE FOOTPRINT
                    TABLE 154 NUT PRODUCTS MARKET: COMPANY APPLICATION FOOTPRINT
                    TABLE 155 NUT PRODUCTS MARKET: COMPANY REGION FOOTPRINT
                    TABLE 156 NUT PRODUCTS MARKET: OVERALL COMPANY FOOTPRINT
     13.5 PRODUCT LAUNCHES, DEALS & OTHER DEVELOPMENTS
             13.5.1 NEW PRODUCT LAUNCHES/ PRODUCT INNOVATIONS
                    TABLE 157 NEW PRODUCT LAUNCHES, JANUARY 2018– DECEMBER 2020
             13.5.2 DEALS
                    TABLE 158 DEALS, JANUARY 2018– DECEMBER 2020
             13.5.3 OTHERS (EXPANSIONS)
                    TABLE 159 EXPANSIONS, JANUARY 2018–DECEMBER 2020

14 COMPANY PROFILES (Page No. - 211)
(Business overview, Products offered, Recent Developments, SWOT analysis, MNM view)*
     14.1 KEY PLAYERS
             14.1.1 OLAM INTERNATIONAL
                    TABLE 160 OLAM INTERNATIONAL: BUSINESS OVERVIEW
                    FIGURE 57 OLAM INTERNATIONAL: COMPANY SNAPSHOT
                    TABLE 161 OLAM INTERNATIONAL: PRODUCTS OFFERED
             14.1.2 BARRY CALLEBAUT
                    TABLE 162 BARRY CALLEBAUT: BUSINESS OVERVIEW
                    FIGURE 58 BARRY CALLEBAUT: COMPANY SNAPSHOT
                    TABLE 163 BARRY CALLEBAUT: PRODUCTS OFFERED
             14.1.3 BLUE DIAMOND GROWERS
                    TABLE 164 BLUE DIAMOND GROWERS: BUSINESS OVERVIEW
                    FIGURE 59 BLUE DIAMOND GROWERS: COMPANY SNAPSHOT
                    TABLE 165 BLUE DIAMOND GROWERS: PRODUCTS OFFERED
             14.1.4 SUCREST GMBH (SUBSIDIARY OF KERRY GROUP)
                    TABLE 166 SUCREST GMBH: BUSINESS OVERVIEW
                    FIGURE 60 KERRY GROUP: COMPANY SNAPSHOT
                    TABLE 167 KERRY GROUP: PRODUCTS OFFERED
             14.1.5 ZENTIS GMBH & CO. KG
                    TABLE 168 ZENTIS GMBH & CO.KG: BUSINESS OVERVIEW
                    FIGURE 61 ZENTIS GMBH & CO. KG: COMPANY SNAPSHOT
                    TABLE 169 ZENTIS GMBH & CO. KG: PRODUCTS OFFERED
             14.1.6 MOUNT FRANKLIN FOODS
                    TABLE 170 MOUNT FRANKLIN FOODS: BUSINESS OVERVIEW
                    TABLE 171 MOUNT FRANKLIN FOODS: PRODUCTS OFFERED
             14.1.7 MANDELIN, INC
                    TABLE 172 MANDELIN, INC: BUSINESS OVERVIEW
                    TABLE 173 MANDELIN, INC: PRODUCTS OFFERED
             14.1.8 BAZZINI
                    TABLE 174 BAZZINI: BUSINESS OVERVIEW
                    TABLE 175 BAZZINI: PRODUCTS OFFERED
             14.1.9 BESANA
                    TABLE 176 BESANA: BUSINESS OVERVIEW
                    TABLE 177 BESANA: PRODUCTS OFFERED
             14.1.10 LUBECA
                     TABLE 178 LUBECA: BUSINESS OVERVIEW
                     TABLE 179 LUBECA: PRODUCTS OFFERED
             14.1.11 PURATOS
                     TABLE 180 PURATOS: BUSINESS OVERVIEW
                     TABLE 181 PURATOS: PRODUCTS OFFERED
             14.1.12 LEMKE
                     TABLE 182 LEMKE: BUSINESS OVERVIEW
                     TABLE 183 LEMKE: PRODUCTS OFFERED
             14.1.13 ALMENDRAS LLOPIS
                     TABLE 184 ALMENDRAS LLOPIS: BUSINESS OVERVIEW
                     TABLE 185 ALMENDRAS LLOPIS: PRODUCTS OFFERED
             14.1.14 KANEGRADE
                     TABLE 186 KANEGRADE: BUSINESS OVERVIEW
                     TABLE 187 KANEGRADE: PRODUCTS OFFERED
             14.1.15 MOLL MARZIPAN GMBH
                     TABLE 188 MOLL MARZIPAN GMBH: BUSINESS OVERVIEW
                     TABLE 189 MOLL MARZIPAN GMBH: PRODUCTS OFFERED
             14.1.16 KONDIMA
                     TABLE 190 KONDIMA: BUSINESS OVERVIEW
                     TABLE 191 KONDIMA: PRODUCTS OFFERED
             14.1.17 CSM
                     TABLE 192 CSM: BUSINESS OVERVIEW
                     TABLE 193 CSM: PRODUCTS OFFERED
             14.1.18 TREEHOUSE ALMONDS
                     TABLE 194 TREEHOUSE ALMONDS: BUSINESS OVERVIEW
                     TABLE 195 TREEHOUSE ALMONDS: PRODUCTS OFFERED
             14.1.19 ROYAL NUT COMPANY
                     TABLE 196 ROYAL NUT COMPANY: BUSINESS OVERVIEW
                     TABLE 197 ROYAL NUT COMPANY: PRODUCTS OFFERED
             14.1.20 STELLIFERI & ITAVEX S.P.A (ACQUIRER: FERRERO INTERNATIONAL S.A.)
                     TABLE 198 STELLIFERI & ITAVEX S.P.A: BUSINESS OVERVIEW
                     TABLE 199 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. - 243)
     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 nut products 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 products 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 products 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 products 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 products 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 products 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 products market
  • Determining the share of key players operating in the nut products 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 products market into the Netherlands, Poland, Sweden, Switzerland, and other EU and non-EU countries.
  • Further breakdown of the Rest of South American nut products 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
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