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, Application, Quality, Category and Region - Global Forecast to 2027

Report Code: FB 7855 Aug, 2022, by marketsandmarkets.com

[246 Pages Report] According to MarketsandMarkets, the global nut products market size is estimated to be valued at USD 6.7 billion in 2022. It is projected to reach USD 8.9 billion by 2027, recording a CAGR of 5.9% in terms of value. The market growth is attributed to the growing snack food industry, the inclusion of health-based ingredients, and awareness related to health claims. There is a global increase in the popularity of nut products with low-calorie, low-sugar, plant-based, and low-fat properties; this increase is due to most of the global population adopting a healthy and high-nutrient diet. Globally, the health benefits of nut products have led to their large-scale adoption in numerous applications.

Nut Products Market

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Market Dynamics

Drivers: Rising health awareness leading to evolving dietary patterns

The increasing awareness of nutrition over and above regular dietary habits and an inclination toward healthy lifestyles is projected to drive the global market. 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. Further, consumers’ nutrition choices are changing to support better well-being. Almonds, walnuts, macadamia nuts, hazelnuts, and pecans have significant omega-3 fatty acids that are required for the upkeep of joints and bone, along with cognitive health.

Restraints: Availability and fluctuating costs for nuts as raw material

The raw materials for nut products are 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 require a carefully planned inventory management system, which is usually not the case, especially for small and medium-scale manufacturers. Hence, converting nuts into value-added products, such as butter, pastes, and fillings, becomes cost-intensive. This high cost trickles down to processed food & beverage manufacturers that ultimately pass it on to end consumers. It is one of the primary restraining factors for the growth of the market.

Opportunities: Expanding application spectrum for nuts and derivatives

The robust growth and promising potential in plant-based dairy alternatives and meat analogs have created significant opportunities for nut product manufacturers. Key players 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. Apart from the food industry, non-food application sectors can also act as a potential revenue stream for companies - nut ingredients have applications in various industries such as cosmetics and pharmaceuticals. The cosmetics market comprises a diversified population, among which the aging population forms a significant segment.

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 severe implications on the overall quality of nut products. The supply chain of nuts consists of procurement, processing, packing, and storage. Throughout the supply chain, nuts (processed or unprocessed) are prone to contamination.

By product type, the nut pastes/marzipan pastes/persipan pastes segment is projected to dominate the market during the forecast period

Nut paste is a rich energy source, manufactured with either raw or roasted natural or blanched nuts. It is manufactured utilizing a significant amount of sugar and vegetable fats to form a thick paste-like consistency. Nut paste is made from various nuts, catering to different food industries. Marzipan (almond paste) and Persipan (apricot or peach kernels) are used mainly by the food industry in various traditional recipes, including croissants and Danish pastry confectionery products.

By nut types, the hazelnuts segment is anticipated to acquire the largest market share in the market during the study period

Hazelnuts are the top-most ingredients used in the confectionery industry in the preparation of chocolates and also as hazelnut spread, paste, and meals. These are the highest quality nuts that command the highest prices and are sold unshelled or in processed form. Diced, ground, and pastes are used in baked goods and ice creams. Turkey is the key producer of the global hazelnut crop with a 70% approximate share, and Europe consumes 80-85% of the Turkish hazelnut produced as an ingredient in the confectionery industry.

By application, the industrial food manufacturers segment is forecasted to dominate the nut products market during the forecast period

Nuts are used in the chocolate confectionery industry as they provide a crunchy texture, taste, and health benefits. Around one-third of confectioneries contain nut products such as almond flakes, walnut halves, or pecan pieces. Chocolate confections are working harder to innovate chocolates using nuts to enhance the sensory experience. Hazelnuts, walnuts, and almonds are the most popular nut inclusions. Almonds are popularly used in North America in the confectionery industry, while hazelnuts are popular in the European chocolate industry. Also, to meet specific consumer needs, such as gluten- or dairy-free, profiles by addition of flavored nut paste or butter to various formulations are being tapped by manufacturers.

By category, the conventional segment is anticipated to acquire the largest market share in the market.

Conventional nuts farming includes synthetic chemical fertilizers, pesticides, herbicides, and other continual inputs. Thus, conventional nuts agriculture is typically highly resource-demanding and energy-intensive, increasing the total production cost. However, at the same time, conventional farming has high productivity compared to organic farming.

By quality, the standard quality segment is forecasted to dominate the market during the forecast period.

Edible nuts are increasingly being recognized for their health benefits. Therefore, the provision of safe, high-quality nuts is a major concern. To market nut products, manufacturers ensure that they meet the ideal standards associated with nut products. There are requirements for sustainable products to appeal to consumers, particularly when edible nuts come from developing countries. The standards from the United Nations Economic Commission for Europe (UNECE) and Working Party on Agricultural Quality Standards describe the products and the quality requirements at the export control stage that concern the appearance, moisture content, sizing, presence of defects, infestations, and blemishes along with packaging requirements.

Nut Products Market Size, and Share

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Europe accounted for the highest share in the global market by volume in 2021. Demand for healthy yet indulgent snacks that can satisfy consumer's taste buds without compromising on nutritional values is the biggest trend that drives manufacturers to innovate nut products. 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.

Key Market Players:

Key players in this market include 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), Besana (Italy), Bazzini (US), and Lubeca (Denmark).

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Scope of the Report

Report Metric

Details

Market size estimation

2019–2027

Base year considered

2021

Forecast period considered

2019–2027

Units considered

Value (USD) and Volume (KT)

Segments covered

Product type, Nut type, Application, Quality, Category, and region

Regions covered

North America, Europe, Asia Pacific, South America, and Rest of the World

Companies studied

  • 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)
  • Besana (Italy)
  • Bazzini (US)
  • Lubeca (Denmark)
  • Puratos (Belgium)
  • Georg Lemke Gmbh & Co. Kg (Germany)
  • Almendras Llopis S.A.U. (Spain)
  • Stelliferi & Itavex S.P.A. (Italy)
  • Kanegrade (UK)
  • Kondima (Germany)
  • Royal Nut Company (US)
  • Moll Marzipan GMBH (Germany)
  • CSM (US)
  • Treehouse Almonds (US)

Target Audience:

  • Processed food & beverage manufacturers
  • Government and research organizations
  • Nut products ingredient distributors
  • Marketing directors
  • Key executives from various key companies and organizations in nut products market

Report Scope:

This research report categorizes nut products market based on product types, nut types, application, category, quality, and region.

By Product Type

  • Nut Butter
  • Nut Pastes/ Marzipan Paste/ Persipan Paste
  • Nut Fillings with Cocoa
  • Nut Fillings without Cocoa
  • Caramelized Nuts
  • Nut Flour

By Nut Type

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

By Application

  • Industrial Food Manufacturers
  • Chocolate Confectionery Products
  • Bakery Products
  • Ice Cream and Frozen Desserts
  • Cereals and Snack Bars
  • Beverages
  • Savoury Products
  • Foodservice & Bakeries
  • Bakery Shops (Including Artisanal Bakeries)
  • Foodservice (restaurants, cafes and hotels)

By Region:

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Rest of the world

Recent Developments

  • In June 2022, Blue Diamond Growers launched new flavors – Elote – Mexican-style street Corn Almonds, Korean BBQ Almonds, Mash-Ups Cinnamon and Maple Almonds, and Mash-Ups Dark chocolate and chili pepper almonds.
  • In May 2022, Puratos acquired Danish fruit filling and jam manufacturer, Konfekture. This acquisition will complement the company’s position in the global nut products market to develop nut-based jams and fillings.
  • In March 2022, Mount Franklin Foods announced the expansion of a state-of-the-art manufacturing facility to meet the current demand for the company’s core products.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 30)
    1.1 STUDY OBJECTIVES
    1.2 MARKET DEFINITION
    1.3 MARKET SCOPE
           FIGURE 1 MARKET SEGMENTATION
           1.3.1 GEOGRAPHIC SCOPE
           1.3.2 YEARS CONSIDERED
    1.4 CURRENCY CONSIDERED
    1.5 UNIT CONSIDERED
           TABLE 1 USD EXCHANGE RATES CONSIDERED, 2018–2021
    1.6 STAKEHOLDERS
    1.7 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 35)
    2.1 RESEARCH DATA
           FIGURE 2 MARKET FOR NUT PRODUCTS: RESEARCH DESIGN CHART
           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
                               FIGURE 3 EXPERT INSIGHTS
                    2.1.2.2 Breakdown of primary interviews
                               FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY VALUE CHAIN, DESIGNATION, AND REGION
    2.2 MARKET SIZE ESTIMATION
           2.2.1 BOTTOM-UP APPROACH
                    FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN APPROACH
                    FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
    2.3 DATA TRIANGULATION
           FIGURE 7 DATA TRIANGULATION METHODOLOGY
    2.4 ASSUMPTIONS
    2.5 LIMITATIONS

3 EXECUTIVE SUMMARY (Page No. - 44)
    TABLE 2 NUT PRODUCTS MARKET SNAPSHOT, 2022 VS. 2027
    FIGURE 8 MARKET FOR NUT PRODUCTS, BY PRODUCT TYPE, 2022 VS. 2027 (USD MILLION)
    FIGURE 9 MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2022 VS. 2027 (USD MILLION)
    FIGURE 10 MARKET FOR NUT PRODUCTS, BY APPLICATION, 2022 VS. 2027 (USD MILLION)
    FIGURE 11 MARKET FOR NUT PRODUCTS, BY QUALITY, 2022 VS. 2027 (USD MILLION)
    FIGURE 12 MARKET FOR NUT PRODUCTS, BY CATEGORY, 2022 VS. 2027 (USD MILLION)
    FIGURE 13 NUT PRODUCTS MARKET SHARE AND GROWTH RATE (VALUE), BY REGION

4 PREMIUM INSIGHTS (Page No. - 50)
    4.1 ATTRACTIVE OPPORTUNITIES IN THE MARKET
           FIGURE 14 INCREASING DEMAND FOR PLANT-BASED FOOD TO DRIVE MARKET FOR NUT PRODUCTS
    4.2 EUROPE: MARKET FOR NUT PRODUCTS, BY PRODUCT TYPE AND COUNTRY
           FIGURE 15 NUT PASTES/MARZIPAN PASTES/PERSIPAN PASTES SEGMENT AND GERMANY TO ACCOUNT FOR LARGEST SHARES IN EUROPE IN 2022
    4.3 MARKET FOR NUT PRODUCTS, BY PRODUCT TYPE
           FIGURE 16 NUT PASTES/MARZIPAN PASTES/PERSIPAN PASTES SEGMENT TO DOMINATE DURING FORECAST PERIOD
    4.4 MARKET FOR NUT PRODUCTS, BY PRODUCT TYPE AND REGION
           FIGURE 17 NUT PASTES/MARZIPAN PASTES/PERSIPAN PASTES SEGMENT AND EUROPE TO DOMINATE THE MARKET DURING THE FORECAST PERIOD
    4.5 MARKET FOR NUT PRODUCTS, BY NUT TYPE
           FIGURE 18 HAZELNUTS TO DOMINATE DURING FORECAST PERIOD
    4.6 MARKET FOR NUT PRODUCTS, BY QUALITY
           FIGURE 19 STANDARD QUALITY TO DOMINATE DURING FORECAST PERIOD
    4.7 MARKET FOR NUT PRODUCTS, BY CATEGORY
           FIGURE 20 CONVENTIONAL SEGMENT TO DOMINATE DURING FORECAST PERIOD
    4.8 MARKET FOR NUT PRODUCTS, BY APPLICATION
           FIGURE 21 INDUSTRIAL FOOD MANUFACTURERS TO DOMINATE DURING FORECAST PERIOD
                               FIGURE 22 US ACCOUNTED FOR LARGEST SHARE IN 2021

5 MARKET OVERVIEW (Page No. - 56)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
           FIGURE 23 NUT PRODUCTS MARKET DYNAMICS
           5.2.1 DRIVERS
                    5.2.1.1 Rising health awareness leading to evolving dietary patterns
                               TABLE 3 AMINO ACID PROFILE OF WALNUTS
                               TABLE 4 NUTRITIONAL PROFILE OF DIFFERENT NUTS PER 100 GRAMS
                    5.2.1.2 Robust growth projections for bakery and confectionery sectors
                               FIGURE 24 ESTIMATED CONFECTIONERY SALES, BY REGION, 2018–2020 (USD BILLION)
                    5.2.1.3 Preventive healthcare – emerging dietary approach to address lifestyle diseases
                               TABLE 5 SCIENTIFIC EVIDENCE HIGHLIGHTING DISEASE PREVENTION ABILITIES OF NUTS
                    5.2.1.4 Nuts as major ingredients in new product development
                               FIGURE 25 NEW PRODUCT LAUNCHES WITH NUTS AS KEY INGREDIENT, 2015–2020
                    5.2.1.5 Vegan food products – nuts as key ingredient – their strategic positioning
           5.2.2 RESTRAINTS
                    5.2.2.1 Availability and fluctuating costs for nuts as raw material
                    5.2.2.2 Allergy 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
           5.2.4 CHALLENGES
                    5.2.4.1 Supply chain management intricacies and quality of nut products

6 INDUSTRY TRENDS (Page No. - 66)
    6.1 INTRODUCTION
    6.2 VALUE CHAIN ANALYSIS
           FIGURE 26 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 6 GLOBAL ASP: PRICING ANALYSIS OF NUT PRODUCT TYPES, 2020 (‘000 USD/TONNES)
           FIGURE 27 GLOBAL PRICING TREND OF NUT-BASED SEMI-FINISHED PRODUCTS, BY KEY NUT TYPE, 2019-2021 (‘000 USD/TONNES)
    6.4 ECOSYSTEM MAP
           6.4.1 MARKET FOR NUT PRODUCTS: ECOSYSTEM VIEW
                    TABLE 7 NUT PRODUCTS MARKET: ECOSYSTEM
           6.4.2 NUT PRODUCTS 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 TRENDS/DISRUPTIONS IMPACTING BUYERS
           FIGURE 28 REVENUE SHIFT FOR NUT PRODUCTS MARKET
    6.6 TECHNOLOGY ANALYSIS
    6.7 PATENT ANALYSIS
           FIGURE 29 PATENTS GRANTED FOR NUT PRODUCTS MARKET, 2011–2021
           FIGURE 30 REGIONAL ANALYSIS OF PATENT GRANTED, 2011–2021
           TABLE 8 KEY PATENTS PERTAINING TO NUT PRODUCTS MARKET, 2020–2021
    6.8 TRADE ANALYSIS
           TABLE 9 TOP TEN IMPORTERS AND EXPORTERS OF NUTS, 2021 (KT)
           TABLE 10 TOP TEN IMPORTERS AND EXPORTERS OF EDIBLE NUTS, 2021 (KT)
    6.9 PORTER’S FIVE FORCES ANALYSIS
           TABLE 11 MARKET FOR NUT PRODUCTS: PORTER’S FIVE FORCES ANALYSIS
           6.9.1 DEGREE OF COMPETITION
           6.9.2 BARGAINING POWER OF SUPPLIERS
           6.9.3 BARGAINING POWER OF BUYERS
           6.9.4 THREAT OF SUBSTITUTES
           6.9.5 THREAT OF NEW ENTRANTS
    6.10 CASE STUDIES
           6.10.1 IMPROVISING TEXTURAL ATTRIBUTES OF NUT BUTTERS AND FACILITATING THEIR INCORPORATION
           6.10.2 CRUNCHY ATTRIBUTE OF NUTS AMONG END-USE INDUSTRIES
           6.10.3 NUT-BASED DERIVATIVE PRODUCTS – COMPOSITION AND KEY REQUISITES
           6.10.4 IMPROVISING COMPOSITION AND NUTRITIONAL PROFILE OF NUT-BASED CONFECTIONS
    6.11 KEY CONFERENCES & EVENTS IN 2022-2023
                    TABLE 12 NUT PRODUCTS MARKET: DETAILED LIST OF CONFERENCES & EVENTS, 2022–2023
    6.12 KEY STAKEHOLDERS AND BUYING CRITERIA
           6.12.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    TABLE 13 INFLUENCE OF STAKEHOLDERS IN BUYING DIFFERENT QUALITY NUTS
           6.12.2 BUYING CRITERIA
                    FIGURE 31 KEY BUYING CRITERIA FOR NUT PRODUCTS IN INDUSTRIAL FOOD APPLICATIONS
                    TABLE 14 KEY BUYING CRITERIA FOR NUT PRODUCTS IN INDUSTRIAL FOOD APPLICATIONS

7 KEY REGULATIONS FOR NUT PRODUCTS (Page No. - 82)
    7.1 US
           7.1.1 US FOOD AND DRUG ADMINISTRATION
           7.1.2 ELECTRONIC CODE OF FEDERAL REGULATIONS
           7.1.3 EUROPEAN UNION REGULATIONS
    7.2 TARIFF AND REGULATORY LANDSCAPE
           7.2.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 15 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 16 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 17 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 18 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS

8 NUT PRODUCTS MARKET, BY PRODUCT TYPE (Page No. - 88)
    8.1 INTRODUCTION
           FIGURE 32 MARKET FOR NUT PRODUCTS, BY PRODUCT TYPE, 2022 VS. 2027 (USD MILLION)
           TABLE 19 MARKET FOR NUT PRODUCTS, BY PRODUCT TYPE, 2019–2027 (USD MILLION)
           TABLE 20 MARKET FOR NUT PRODUCTS, BY PRODUCT TYPE, 2019–2027 (KT)
           8.1.1 NUT BUTTER
                    8.1.1.1 Snacking to be potential growth market for nut spreads
                               TABLE 21 NUT BUTTER: NUT PRODUCTS MARKET, BY REGION, 2019–2027 (USD MILLION)
                               TABLE 22 NUT BUTTER: MARKET FOR NUT PRODUCTS, BY REGION, 2019–2027 (KT)
           8.1.2 NUT PASTES/MARZIPAN PASTES/PERSIPAN PASTES
                    8.1.2.1 Rising consumption of healthy bakery products to boost nut pastes segment
                               TABLE 23 NUT PASTES: NUT PRODUCTS MARKET, BY REGION, 2019–2027 (USD MILLION)
                               TABLE 24 NUT PASTES: MARKET FOR NUT PRODUCTS, BY REGION, 2019–2027 (KT)
           8.1.3 NUT FILLINGS WITH COCOA
                    8.1.3.1 Increased usage of almond flavor in confectionery and baked foods to drive market
                               TABLE 25 NUT FILLINGS WITH COCOA: NUT PRODUCTS MARKET, BY REGION, 2019–2027 (USD MILLION)
                               TABLE 26 NUT FILLINGS WITH COCOA: MARKET FOR NUT PRODUCTS, BY REGION, 2019–2027 (KT)
           8.1.4 NUT FILLINGS WITHOUT COCOA
                    8.1.4.1 Application of pralines in various foods to drive market
                               TABLE 27 NUT FILLINGS WITHOUT COCOA: NUT PRODUCTS MARKET, BY REGION, 2019–2027 (USD MILLION)
                               TABLE 28 NUT FILLINGS WITHOUT COCOA: MARKET FOR NUT PRODUCTS, BY REGION, 2019–2027 (KT)
           8.1.5 CARAMELIZED NUTS
                    8.1.5.1 Companies to invest in product innovations in this segment
                               TABLE 29 CARAMELIZED NUTS: NUT PRODUCTS MARKET, BY REGION, 2019–2027 (USD MILLION)
                               TABLE 30 CARAMELIZED NUTS: MARKET FOR NUT PRODUCTS, BY REGION, 2019–2027 (KT)
           8.1.6 NUT FLOUR
                    8.1.6.1 Premium range of almond flour to drive this segment
                               TABLE 31 NUT FLOUR: NUT PRODUCTS MARKET, BY REGION, 2019–2027 (USD MILLION)
                               TABLE 32 NUT FLOUR: MARKET FOR NUT PRODUCTS, BY REGION, 2019–2027 (KT)

9 NUT PRODUCTS MARKET, BY NUT TYPE (Page No. - 97)
    9.1 INTRODUCTION
           FIGURE 33 WORLD TREE NUT PRODUCTION, KERNEL BASIS, 2021-2022
           FIGURE 34 NUT PRODUCTS MARKET, BY NUT TYPE, 2022 VS. 2027 (USD MILLION)
           TABLE 33 MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (USD MILLION)
           TABLE 34 MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (KT)
    9.2 ALMONDS
           9.2.1 ALMONDS RANK HIGHEST IN TERMS OF USAGE IN FOOD INDUSTRY
                    FIGURE 35 CALIFORNIAN ALMOND PRODUCTION, 2015-2019 (MILLION POUNDS)
                    TABLE 35 ALMONDS: NUT PRODUCTS MARKET, BY REGION, 2019–2027 (USD MILLION)
                    TABLE 36 ALMONDS: MARKET FOR NUT PRODUCTS, BY REGION, 2019–2027 (KT)
    9.3 HAZELNUTS
           9.3.1 HAZELNUTS LARGELY PREFERRED IN NORTH AMERICAN AND EUROPEAN CONFECTIONERY INDUSTRIES
                    FIGURE 36 WORLD HAZELNUT PRODUCTION, KERNEL BASIS, 2016-2021 (METRIC TONS)
                    TABLE 37 HAZELNUTS: NUT PRODUCTS MARKET, BY REGION, 2019–2027 (USD MILLION)
                    TABLE 38 HAZELNUTS: MARKET FOR NUT PRODUCTS, BY REGION, 2019–2027 (KT)
    9.4 WALNUTS
           9.4.1 CHINESE WALNUTS TO HAVE GREAT DEMAND WORLDWIDE
                    FIGURE 37 WALNUT PRODUCTION, KERNEL BASIS, 2020-2021
                    TABLE 39 WALNUTS: NUT PRODUCTS MARKET, BY REGION, 2019–2027 (USD MILLION)
                    TABLE 40 WALNUTS: MARKET FOR NUT PRODUCTS, BY REGION, 2019–2027 (KT)
    9.5 CASHEWS
           9.5.1 ASIA PACIFIC TO CONTINUE TO BE LARGE CONSUMER OF CASHEWS
                    TABLE 41 CASHEWS: NUT PRODUCTS MARKET, BY REGION, 2019–2027 (USD MILLION)
                    TABLE 42 CASHEWS: MARKET FOR NUT PRODUCTS, BY REGION, 2019–2027 (KT)
    9.6 PISTACHIOS
           9.6.1 PISTACHIOS TO BE INCREASINGLY POPULAR IN CHINA
                    FIGURE 38 PISTACHIO PRODUCTION, IN-SHELL BASIS, 2021-2022
                    TABLE 43 PISTACHIOS: NUT PRODUCTS MARKET, BY REGION, 2019–2027 (USD MILLION)
                    TABLE 44 PISTACHIOS: MARKET FOR NUT PRODUCTS, BY REGION, 2019–2027 (KT)
    9.7 PEANUTS
           9.7.1 PEANUT BUTTER TO BE MAJORLY CONSUMED NUT BUTTER WORLDWIDE
                    FIGURE 39 ESTIMATED PEANUT PRODUCTION, IN-SHELL BASIS, 2021-2022
                    TABLE 45 PEANUTS: NUT PRODUCTS MARKET, BY REGION, 2019–2027 (USD MILLION)
                    TABLE 46 PEANUTS: MARKET FOR NUT PRODUCTS, BY REGION, 2019–2027 (KT)
    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, 2021
                    TABLE 47 MACADAMIAS: NUT PRODUCTS MARKET, BY REGION, 2019–2027 (USD MILLION)
                    TABLE 48 MACADAMIAS: MARKET FOR NUT PRODUCTS, BY REGION, 2019–2027 (KT)
    9.9 PECANS
           9.9.1 PECANS EXPORTED FROM US AND MEXICO ACCOUNTED FOR 98% OF GLOBAL SHARE
                    FIGURE 41 PECAN PRODUCTION, KERNEL BASIS, 2021-2022
                    TABLE 49 PECANS: MARKET FOR NUT PRODUCTS, BY REGION, 2019–2027 (USD MILLION)
                    TABLE 50 PECANS: MARKET FOR NUT PRODUCTS, BY REGION, 2019–2027 (KT)
    9.10 PINE NUTS
           9.10.1 INCREASE IN MEDITERRANEAN COOKING TO DRIVE MARKET
                    TABLE 51 PINE NUTS: NUT PRODUCTS MARKET, BY REGION, 2019–2027 (USD MILLION)
                    TABLE 52 PINE NUTS: MARKET FOR NUT PRODUCTS, BY REGION, 2019–2027 (KT)
    9.11 BRAZIL NUTS
           9.11.1 BOLIVIA TO BE LARGEST PRODUCER OF BRAZIL NUTS
                    TABLE 53 BRAZIL NUTS: NUT PRODUCTS MARKET, BY REGION, 2019–2027 (USD MILLION)
                    TABLE 54 BRAZIL NUTS: MARKET FOR NUT PRODUCTS, BY REGION, 2019–2027 (KT)

10 NUT PRODUCTS MARKET, BY APPLICATION (Page No. - 113)
     10.1 INTRODUCTION
               FIGURE 42 MARKET FOR NUT PRODUCTS, BY APPLICATION, 2022 VS. 2027 (USD MILLION)
               TABLE 55 INDUSTRIAL FOOD MANUFACTURERS: NUT PRODUCTS MARKET, BY APPLICATION, 2019–2027 (USD MILLION)
               TABLE 56 FOODSERVICE & BAKERIES: MARKET FOR NUT PRODUCTS, BY APPLICATION, 2019–2027 (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 to drive market
                                   TABLE 57 INDUSTRIAL FOOD MANUFACTURERS: NUT PRODUCTS MARKET FOR CHOCOLATE CONFECTIONERY PRODUCTS, BY REGION, 2019–2027 (USD MILLION)
             10.2.2 BAKERY PRODUCTS
                       10.2.2.1 Almond flour widely used in bakery sector
                                   TABLE 58 INDUSTRIAL FOOD MANUFACTURERS: MARKET FOR BAKERY PRODUCTS, BY REGION, 2019–2027 (USD MILLION)
             10.2.3 ICE CREAM & FROZEN DESSERTS
                       10.2.3.1 Premium ice creams with nut inclusions to drive market
                                   TABLE 59 INDUSTRIAL FOOD MANUFACTURERS: MARKET FOR ICE CREAM & FROZEN DESSERTS, BY REGION, 2019–2027 (USD MILLION)
             10.2.4 CEREALS & SNACK BARS
                       10.2.4.1 Nut snack bars to gain popularity in US
                                   TABLE 60 INDUSTRIAL FOOD MANUFACTURERS: MARKET FOR CEREALS & SNACK BARS, BY REGION, 2019–2027 (USD MILLION)
             10.2.5 BEVERAGES
                       10.2.5.1 Demand for milk substitutes to create demand for nut-based beverages
                                   TABLE 61 INDUSTRY FOOD MANUFACTURERS: MARKET FOR BEVERAGES, BY REGION, 2019–2027 (USD MILLION)
             10.2.6 SAVORY PRODUCTS
                       10.2.6.1 Nut inclusions in savory products building slowly with increasing demand for protein-rich foods
                                   TABLE 62 INDUSTRIAL FOOD MANUFACTURERS: MARKET FOR SAVORY PRODUCTS, BY REGION, 2019–2027 (USD MILLION)
     10.3 FOODSERVICE AND BAKERIES
             10.3.1 BAKERY SHOPS
                       10.3.1.1 Traditional delicacies require more nut products
                                   TABLE 63 FOODSERVICE AND BAKERIES: NUT PRODUCTS MARKET FOR BAKERY SHOPS (INCLUDING ARTISANAL BAKERIES), BY REGION, 2019–2027 (USD MILLION)
             10.3.2 FOODSERVICE
                       10.3.2.1 Demand for natural ingredients to drive market
                                   TABLE 64 FOODSERVICE AND BAKERIES: MARKET FOR FOODSERVICE (RESTAURANTS, CAFES, AND HOTELS), BY REGION, 2019–2027 (USD MILLION)

11 NUT PRODUCTS MARKET, BY QUALITY (Page No. - 122)
     11.1 INTRODUCTION
               FIGURE 43 MARKET FOR NUT PRODUCTS, BY QUALITY, 2022 VS. 2027 (USD MILLION)
               TABLE 65 MARKET FOR NUT PRODUCTS, BY QUALITY, 2019–2027 (USD MILLION)
     11.2 STANDARD QUALITY
               TABLE 66 STANDARD QUALITY: NUT PRODUCTS MARKET, BY PRODUCT TYPE, 2019–2027 (USD MILLION)
     11.3 PREMIUM/SPECIALTY PRODUCTS
               TABLE 67 PREMIUM/SPECIALTY PRODUCTS: MARKET FOR NUT PRODUCTS, BY PRODUCT TYPE, 2019–2027 (USD MILLION)

12 NUT PRODUCTS MARKET, BY CATEGORY (Page No. - 127)
     12.1 INTRODUCTION
               FIGURE 44 MARKET FOR NUT PRODUCTS, BY CATEGORY, 2022 VS. 2027 (USD MILLION)
               TABLE 68 MARKET FOR NUT PRODUCTS, BY CATEGORY, 2019–2027 (USD MILLION)
     12.2 CONVENTIONAL
               TABLE 69 CONVENTIONAL: NUT PRODUCTS MARKET, BY PRODUCT TYPE, 2019–2027 (USD MILLION)
     12.3 ORGANIC
               TABLE 70 ORGANIC: MARKET FOR NUT PRODUCTS, BY PRODUCT TYPE, 2019–2027 (USD MILLION)

13 NUT PRODUCTS MARKET, BY REGION (Page No. - 130)
     13.1 INTRODUCTION
               FIGURE 45 ITALY TO RECORD HIGHEST CAGR FROM 2022 TO 2027
               TABLE 71 NUT PRODUCTS MARKET, BY REGION, 2019–2027 (USD MILLION)
               TABLE 72 MARKET FOR NUT PRODUCTS, BY REGION, 2019–2027 (KT)
     13.2 NORTH AMERICA
               FIGURE 46 NORTH AMERICA: NUT PRODUCTS MARKET SNAPSHOT
               FIGURE 47 NORTH AMERICA: PECAN IMPORTS, 2020 (SHELLED BASIS)
               TABLE 73 NORTH AMERICA: NUT PRODUCTS MARKET, BY COUNTRY, 2019–2027 (USD MILLION)
               TABLE 74 NORTH AMERICA: MARKET FOR NUT PRODUCTS, BY COUNTRY, 2019–2027 (KT)
               TABLE 75 NORTH AMERICA: MARKET FOR NUT PRODUCTS, BY PRODUCT TYPE, 2019–2027 (USD MILLION)
               TABLE 76 NORTH AMERICA: MARKET FOR NUT PRODUCTS, BY PRODUCT TYPE, 2019–2027 (KT)
               TABLE 77 NORTH AMERICA: MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (USD MILLION)
               TABLE 78 NORTH AMERICA: MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (KT)
               TABLE 79 NORTH AMERICA: MARKET FOR INDUSTRIAL FOOD MANUFACTURERS, BY APPLICATION, 2019–2027 (USD MILLION)
               TABLE 80 NORTH AMERICA: MARKET FOR FOODSERVICE & BAKERIES, BY APPLICATION, 2019–2027 (USD MILLION)
             13.2.1 US
                       13.2.1.1 Almonds to lead tree nut consumption in US
                                   FIGURE 48 ALMOND CONSUMPTION IN US, 2016-2020 (METRIC TONS)
                                   TABLE 81 US: NUT PRODUCTS MARKET, BY PRODUCT TYPE, 2019–2027 (KT)
                                   TABLE 82 US: MARKET SIZE FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (USD MILLION)
             13.2.2 CANADA
                       13.2.2.1 Growing interest in low-calorie snacks to drive market in Canada
                                   TABLE 83 CANADA: MARKET FOR NUT PRODUCTS, BY PRODUCT TYPE, 2019–2027 (KT)
                                   TABLE 84 CANADA: MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (USD MILLION)
             13.2.3 MEXICO
                       13.2.3.1 Foodservice industry to dominate nut products in Mexico
                                   TABLE 85 MEXICO: NUT PRODUCTS MARKET, BY PRODUCT TYPE, 2019–2027 (KT)
                                   TABLE 86 MEXICO: MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (USD MILLION)
     13.3 EUROPE
               FIGURE 49 TREE NUT PRODUCTION IN EUROPE, 2019–2020 (METRIC TONS)
               FIGURE 50 EUROPE: NUT PRODUCTS MARKET SNAPSHOT
               TABLE 87 EUROPE: MARKET FOR NUT PRODUCTS, BY COUNTRY, 2019–2027 (USD MILLION)
               TABLE 88 EUROPE: MARKET FOR NUT PRODUCTS, BY COUNTRY, 2019–2027 (KT)
               TABLE 89 EUROPE: MARKET FOR NUT PRODUCTS, BY PRODUCT TYPE, 2019–2027 (USD MILLION)
               TABLE 90 EUROPE: MARKET FOR NUT PRODUCTS, BY PRODUCT TYPE, 2019–2027 (KT)
               TABLE 91 EUROPE: MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (USD MILLION)
               TABLE 92 EUROPE: MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (KT)
               TABLE 93 EUROPE: NUT PRODUCTS MARKET FOR INDUSTRIAL FOOD MANUFACTURERS, BY APPLICATION, 2019–2027 (USD MILLION)
               TABLE 94 EUROPE: NUT PRODUCTS MARKET FOR FOODSERVICE & BAKERIES, BY APPLICATION, 2019–2027 (USD MILLION)
             13.3.1 GERMANY
                       13.3.1.1 Inclination toward healthy foods to increase demand for snacks
                                   FIGURE 51 ALMOND IMPORTS IN GERMANY, 2016-2020 (METRIC TONS)
                                   TABLE 95 GERMANY: NUT PRODUCTS MARKET, BY PRODUCT TYPE, 2019–2027 (KT)
                                   TABLE 96 GERMANY: MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (USD MILLION)
             13.3.2 SPAIN
                       13.3.2.1 Spanish confectionery and snack industries use various nut products
                                   TABLE 97 SPAIN: MARKET FOR NUT PRODUCTS, BY PRODUCT TYPE, 2019–2027 (KT)
                                   TABLE 98 SPAIN: MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (USD MILLION)
             13.3.3 FRANCE
                       13.3.3.1 Investor-friendly policies and free-trade agreements to drive market
                                   TABLE 99 FRANCE: MARKET FOR NUT PRODUCTS, BY PRODUCT TYPE, 2019–2027 (KT)
                                   TABLE 100 FRANCE: MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (USD MILLION)
             13.3.4 ITALY
                       13.3.4.1 Rising demand for Italian cuisines to drive market
                                   TABLE 101 ITALY: NUT PRODUCTS MARKET, BY PRODUCT TYPE, 2019–2027 (KT)
                                   TABLE 102 ITALY: MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (USD MILLION)
             13.3.5 BELGIUM
                       13.3.5.1 Huge demand from consumers for chocolates creates growth opportunities for nut product manufacturers
                                   TABLE 103 BELGIUM: MARKET FOR NUT PRODUCTS, BY PRODUCT TYPE, 2019–2027 (KT)
                                   TABLE 104 BELGIUM: MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (USD MILLION)
             13.3.6 UK
                       13.3.6.1 Increasing preference for functional foods to boost market
                                   TABLE 105 UK: NUT PRODUCTS MARKET, BY PRODUCT TYPE, 2019–2027 (KT)
                                   TABLE 106 UK: MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (USD MILLION)
             13.3.7 TURKEY
                       13.3.7.1 Increase in hazelnut exports to cater to different food industries
                                   FIGURE 52 WORLD HAZELNUT EXPORTS, 2020 (SHELLED)
                                   TABLE 107 TURKEY: MARKET FOR NUT PRODUCTS, BY PRODUCT TYPE, 2019–2027 (KT)
                                   TABLE 108 TURKEY: MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (USD MILLION)
             13.3.8 REST OF EUROPE
                       13.3.8.1 Rising health concerns and increase in vegan population to drive market
                                   TABLE 109 REST OF EUROPE: NUT PRODUCTS MARKET, BY PRODUCT TYPE, 2019–2027 (KT)
                                   TABLE 110 REST OF EUROPE: MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (USD MILLION)
     13.4 ASIA PACIFIC
               TABLE 111 ASIA PACIFIC: NUT PRODUCTS MARKET, BY COUNTRY, 2019–2027 (USD MILLION)
               TABLE 112 ASIA PACIFIC: MARKET FOR NUT PRODUCTS, BY COUNTRY, 2019–2027 (KT)
               TABLE 113 ASIA PACIFIC: MARKET FOR NUT PRODUCTS, BY PRODUCT TYPE, 2019–2027 (USD MILLION)
               TABLE 114 ASIA PACIFIC: MARKET FOR NUT PRODUCTS, BY PRODUCT TYPE, 2019–2027 (KT)
               TABLE 115 ASIA PACIFIC: MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (USD MILLION)
               TABLE 116 ASIA PACIFIC: MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (KT)
               TABLE 117 ASIA PACIFIC: NUT PRODUCTS MARKET FOR INDUSTRIAL FOOD MANUFACTURERS, BY APPLICATION, 2019–2027 (USD MILLION)
               TABLE 118 ASIA PACIFIC: NUT PRODUCTS MARKET FOR FOODSERVICE & BAKERIES, BY APPLICATION, 2019–2027 (USD MILLION)
             13.4.1 CHINA
                       13.4.1.1 Increasing shift to premium food products to boost market
                                   TABLE 119 CHINA: NUT PRODUCTS MARKET, BY PRODUCT TYPE, 2019–2027 (KT)
                                   TABLE 120 CHINA: MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (USD MILLION)
             13.4.2 INDIA
                       13.4.2.1 Increasing demand for plant-based foods leading to nut products market growth
                                   TABLE 121 INDIA: NUT PRODUCTS MARKET, BY PRODUCT TYPE, 2019–2027 (KT)
                                   TABLE 122 INDIA: MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (USD MILLION)
             13.4.3 JAPAN
                       13.4.3.1 Growth in “guilt-free” food to pave way for nut products
                                   TABLE 123 JAPAN: MARKET FOR NUT PRODUCTS, BY PRODUCT TYPE, 2019–2027 (KT)
                                   TABLE 124 JAPAN: MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (USD MILLION)
             13.4.4 SOUTH KOREA
                       13.4.4.1 Imported nuts account for over 90% of tree nut consumption
                                   FIGURE 53 MARKET SHARE OF NUT TYPES IN SOUTH KOREA, 2019
                                   TABLE 125 SOUTH KOREA: NUT PRODUCTS MARKET, BY PRODUCT TYPE, 2019–2027 (KT)
                                   TABLE 126 SOUTH KOREA: MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (USD MILLION)
             13.4.5 AUSTRALIA & NEW ZEALAND
                       13.4.5.1 Urge to consume healthy food products to drive market
                                   TABLE 127 AUSTRALIA & NEW ZEALAND: MARKET FOR NUT PRODUCTS, BY PRODUCT TYPE, 2019–2027 (KT)
                                   TABLE 128 AUSTRALIA & NEW ZEALAND: MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (USD MILLION)
             13.4.6 REST OF ASIA PACIFIC
                       13.4.6.1 Increasing demand for high-value products to lead to market growth
                                   TABLE 129 REST OF ASIA PACIFIC: NUT PRODUCTS MARKET, BY PRODUCT TYPE, 2019–2027 (KT)
                                   TABLE 130 REST OF ASIA PACIFIC: MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (USD MILLION)
     13.5 SOUTH AMERICA
               FIGURE 54 BRAZIL NUT PRODUCTION, 2021-2022 (KERNEL BASIS)
               TABLE 131 SOUTH AMERICA: NUT PRODUCTS MARKET, BY COUNTRY, 2019–2027 (USD MILLION)
               TABLE 132 SOUTH AMERICA: MARKET FOR NUT PRODUCTS, BY COUNTRY, 2019–2027 (KT)
               TABLE 133 SOUTH AMERICA: MARKET FOR NUT PRODUCTS, BY PRODUCT TYPE, 2019–2027 (USD MILLION)
               TABLE 134 SOUTH AMERICA: MARKET FOR NUT PRODUCTS, BY PRODUCT TYPE, 2019–2027 (KT)
               TABLE 135 SOUTH AMERICA: MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (USD MILLION)
               TABLE 136 SOUTH AMERICA: MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (KT)
               TABLE 137 SOUTH AMERICA: MARKET FOR INDUSTRIAL FOOD MANUFACTURERS, BY APPLICATION, 2019–2027 (USD MILLION)
               TABLE 138 SOUTH AMERICA: NUT PRODUCTS MARKET FOR FOODSERVICE & BAKERIES, BY APPLICATION, 2019–2027 (USD MILLION)
             13.5.1 BRAZIL
                       13.5.1.1 Brazil nuts have high demand due to their nutritional content
                                   TABLE 139 BRAZIL: MARKET FOR NUT PRODUCTS, BY PRODUCT TYPE, 2019–2027 (KT)
                                   TABLE 140 BRAZIL: MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (USD MILLION)
             13.5.2 ARGENTINA
                       13.5.2.1 Rising health-related problems to drive market growth
                                   TABLE 141 ARGENTINA: NUT PRODUCTS MARKET, BY PRODUCT TYPE, 2019–2027 (KT)
                                   TABLE 142 ARGENTINA: MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (USD MILLION)
             13.5.3 REST OF SOUTH AMERICA
                       13.5.3.1 Entry of new market players to boost market growth
                                   TABLE 143 REST OF SOUTH AMERICA: MARKET FOR NUT PRODUCTS, BY PRODUCT TYPE, 2019–2027 (KT)
                                   TABLE 144 REST OF SOUTH AMERICA: MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (USD MILLION)
     13.6 REST OF THE WORLD
               TABLE 145 REST OF THE WORLD: NUT PRODUCTS MARKET, BY COUNTRY/REGION, 2019–2027 (USD MILLION)
               TABLE 146 REST OF THE WORLD: MARKET FOR NUT PRODUCTS, BY COUNTRY/REGION, 2019–2027 (KT)
               TABLE 147 REST OF THE WORLD: MARKET FOR NUT PRODUCTS, BY PRODUCT TYPE, 2019–2027 (USD MILLION)
               TABLE 148 REST OF THE WORLD: MARKET FOR NUT PRODUCTS, BY PRODUCT TYPE, 2019–2027 (KT)
               TABLE 149 REST OF THE WORLD: MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (USD MILLION)
               TABLE 150 REST OF THE WORLD: MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (KT)
               TABLE 151 REST OF THE WORLD: MARKET FOR INDUSTRIAL FOOD MANUFACTURERS, BY APPLICATION, 2019–2027 (USD MILLION)
               TABLE 152 REST OF THE WORLD: NUT PRODUCTS MARKET FOR FOODSERVICE & BAKERIES, BY APPLICATION, 2019–2027 (USD MILLION)
             13.6.1 SOUTH AFRICA
                       13.6.1.1 Key players expanding their business in South Africa
                                   TABLE 153 SOUTH AFRICA: MARKET FOR NUT PRODUCTS, BY PRODUCT TYPE, 2019–2027 (KT)
                                   TABLE 154 SOUTH AFRICA: MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (USD MILLION)
             13.6.2 MIDDLE EAST
                       13.6.2.1 High consumption of traditional flavors to drive demand for nut products
                                   TABLE 155 MIDDLE EAST: MARKET FOR NUT PRODUCTS, BY PRODUCT TYPE, 2019–2027 (KT)
                                   TABLE 156 MIDDLE EAST: MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (USD MILLION)
             13.6.3 OTHER COUNTRIES IN AFRICA
                       13.6.3.1 Commodities are grown in line with ongoing trend of healthy food consumption
                                   TABLE 157 OTHER COUNTRIES IN AFRICA: MARKET FOR NUT PRODUCTS, BY PRODUCT TYPE, 2019–2027 (KT)
                                   TABLE 158 OTHER COUNTRIES IN AFRICA: MARKET FOR NUT PRODUCTS, BY NUT TYPE, 2019–2027 (USD MILLION)

14 COMPETITIVE LANDSCAPE (Page No. - 188)
     14.1 OVERVIEW
     14.2 MARKET SHARE ANALYSIS, 2021
               TABLE 159 MARKET FOR NUT PRODUCTS: DEGREE OF COMPETITION
     14.3 KEY PLAYER STRATEGIES
     14.4 REVENUE SHARE ANALYSIS OF KEY PLAYERS
               FIGURE 55 TOTAL REVENUE ANALYSIS OF KEY PLAYERS IN MARKET, 2019–2021 (USD BILLION)
     14.5 COMPANY EVALUATION QUADRANT (KEY PLAYERS)
             14.5.1 STARS
             14.5.2 EMERGING LEADERS
             14.5.3 PERVASIVE PLAYERS
             14.5.4 PARTICIPANTS
                       FIGURE 56 MARKET FOR NUT PRODUCTS: COMPANY EVALUATION QUADRANT, 2021 (KEY PLAYERS)
     14.6 PRODUCT TYPE FOOTPRINT
               TABLE 160 COMPANY, BY PRODUCT TYPE FOOTPRINT
               TABLE 161 COMPANY PRODUCT FOOTPRINT, BY APPLICATION
               TABLE 162 COMPANY, BY REGIONAL FOOTPRINT
               TABLE 163 COMPANY PRODUCT FOOTPRINT: OVERALL FOOTPRINT
     14.7 START-UP/SME EVALUATION QUADRANT (OTHER PLAYERS)
             14.7.1 PROGRESSIVE COMPANIES
             14.7.2 STARTING BLOCKS
             14.7.3 RESPONSIVE COMPANIES
             14.7.4 DYNAMIC COMPANIES
                       TABLE 164 NUT PRODUCTS: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES
                       FIGURE 57 MARKET FOR NUT PRODUCTS: COMPANY EVALUATION QUADRANT, 2021 (OTHER PLAYERS)
     14.8 COMPETITIVE SCENARIO
             14.8.1 NEW PRODUCT LAUNCHES
                       TABLE 165 MARKET FOR NUT PRODUCTS: NEW PRODUCT LAUNCHES, 2018–2022
             14.8.2 DEALS
                       TABLE 166 MARKET FOR NUT PRODUCTS: DEALS, 2018–2022
             14.8.3 OTHERS
                       TABLE 167 MARKET FOR NUT PRODUCTS: EXPANSIONS, 2019 - 2022

15 COMPANY PROFILES (Page No. - 201)
     15.1 KEY PLAYERS
(Business Overview, Products offered, Recent Developments, MnM view, Right to win, Strategic choices made, Weaknesses and competitive threats) *
             15.1.1 OLAM INTERNATIONAL
                       TABLE 168 OLAM INTERNATIONAL: BUSINESS OVERVIEW
                       FIGURE 58 OLAM INTERNATIONAL: COMPANY SNAPSHOT
                       TABLE 169 OLAM INTERNATIONAL: PRODUCTS OFFERED
             15.1.2 BARRY CALLEBAUT
                       TABLE 170 BARRY CALLEBAUT: BUSINESS OVERVIEW
                       FIGURE 59 BARRY CALLEBAUT: COMPANY SNAPSHOT
                       TABLE 171 BARRY CALLEBAUT: PRODUCTS OFFERED
             15.1.3 BLUE DIAMOND GROWERS
                       TABLE 172 BLUE DIAMOND GROWERS: BUSINESS OVERVIEW
                       FIGURE 60 BLUE DIAMOND GROWERS: COMPANY SNAPSHOT
                       TABLE 173 BLUE DIAMOND GROWERS: PRODUCTS OFFERED
             15.1.4 SUCREST GMBH (SUBSIDIARY OF KERRY GROUP)
                       TABLE 174 SUCREST GMBH: BUSINESS OVERVIEW
                       FIGURE 61 KERRY GROUP: COMPANY SNAPSHOT
                       TABLE 175 KERRY GROUP: PRODUCTS OFFERED
             15.1.5 ZENTIS GMBH & CO. KG
                       TABLE 176 ZENTIS GMBH & CO. KG: BUSINESS OVERVIEW
                       FIGURE 62 ZENTIS GMBH & CO. KG: COMPANY SNAPSHOT
                       TABLE 177 ZENTIS GMBH & CO. KG: PRODUCTS OFFERED
             15.1.6 MOUNT FRANKLIN FOODS
                       TABLE 178 MOUNT FRANKLIN FOODS: BUSINESS OVERVIEW
                       TABLE 179 MOUNT FRANKLIN FOODS: PRODUCTS OFFERED
             15.1.7 MANDELIN, INC
                       TABLE 180 MANDELIN, INC: BUSINESS OVERVIEW
                       TABLE 181 MANDELIN, INC: PRODUCTS OFFERED
             15.1.8 BAZZINI
                       TABLE 182 BAZZINI: BUSINESS OVERVIEW
                       TABLE 183 BAZZINI: PRODUCTS OFFERED
             15.1.9 BESANA
                       TABLE 184 BESANA: BUSINESS OVERVIEW
                       TABLE 185 BESANA: PRODUCTS OFFERED
             15.1.10 LUBECA
                       TABLE 186 LUBECA: BUSINESS OVERVIEW
                       TABLE 187 LUBECA: PRODUCTS OFFERED
             15.1.11 PURATOS
                       TABLE 188 PURATOS: BUSINESS OVERVIEW
                       TABLE 189 PURATOS: PRODUCTS OFFERED
             15.1.12 GEORG LEMKE GMBH & CO. KG
                       TABLE 190 GEORG LEMKE GMBH & CO. KG: BUSINESS OVERVIEW
                       TABLE 191 GEORG LEMKE GMBH & CO. KG: PRODUCTS OFFERED
             15.1.13 ALMENDRAS LLOPIS S.A.U.
                       TABLE 192 ALMENDRAS LLOPIS S.A.U.: BUSINESS OVERVIEW
                       TABLE 193 ALMENDRAS LLOPIS S.A.U.: PRODUCTS OFFERED
             15.1.14 KANEGRADE
                       TABLE 194 KANEGRADE: BUSINESS OVERVIEW
                       TABLE 195 KANEGRADE: PRODUCTS OFFERED
             15.1.15 MOLL MARZIPAN GMBH
                       TABLE 196 MOLL MARZIPAN GMBH: BUSINESS OVERVIEW
                       TABLE 197 MOLL MARZIPAN GMBH: PRODUCTS OFFERED
             15.1.16 KONDIMA
             15.1.17 CSM
             15.1.18 TREEHOUSE ALMONDS
             15.1.19 ROYAL NUT COMPANY
                                   TABLE 198 ROYAL NUT COMPANY: BUSINESS OVERVIEW
             15.1.20 STELLIFERI & ITAVEX S.P.A (ACQUIRER: FERRERO INTERNATIONAL SA)

*Details on Business Overview, Products offered, Recent Developments, MnM view, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.

16 ADJACENT AND RELATED MARKETS (Page No. - 234)
     16.1 INTRODUCTION
               TABLE 199 ADJACENT MARKETS 
     16.2 LIMITATIONS
     16.3 ALMOND INGREDIENTS MARKET
             16.3.1 MARKET DEFINITION
             16.3.2 MARKET OVERVIEW
                       TABLE 200 ALMOND INGREDIENTS MARKET, BY TYPE, 2018–2025 (USD MILLION)
     16.4 BAKING INGREDIENTS MARKET
             16.4.1 MARKET DEFINITION
             16.4.2 MARKET OVERVIEW
                       TABLE 201 BAKING INGREDIENTS MARKET, BY APPLICATION, 2019–2026 (USD MILLION)
     16.5 NUT INGREDIENTS MARKET
             16.5.1 MARKET DEFINITION
             16.5.2 MARKET OVERVIEW
                       TABLE 202 NUT INGREDIENTS MARKET, BY FORM, 2012–2019 (MILLION)

17 APPENDIX (Page No. - 238)
     17.1 DISCUSSION GUIDE
     17.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     17.3 CUSTOMIZATION OPTIONS
     17.4 RELATED REPORTS
     17.5 AUTHOR DETAILS

The study involved four major activities in estimating nut products market size. Exhaustive secondary research was conducted to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing 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. Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and sub-segments.

Secondary Research

In the secondary research process, various secondary sources, such as Hoovers, Bloomberg BusinessWeek, 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 & silver standard websites, regulatory bodies, trade directories, and databases.

Primary Research

The market comprises several stakeholders in the supply chain, including food & beverage manufacturers, growers and suppliers, importers and exporters, and intermediary suppliers such as traders and distributors of nut products. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. The primary interviewees from the supply side include nut products manufacturers, exporters, and importers. The primary sources from the demand-side include reatilers, wholesellers, health food stores, and other distribution partners.

Given below is the breakdown of the 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 the top-down and bottom-up approaches were used to estimate and validate the total size of the nut product market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players were identified through extensive primary and secondary research.
  • The value chain and market size of the nut product market, in terms of value and volume, were determined through primary and secondary research.
  • All percentage shares split and breakdowns were determined using secondary sources and verified through primary sources.
  • 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 the final quantitative and qualitative data.
  • The research included the study of reports, reviews, and newsletters of top market players, along with extensive interviews for opinions from key leaders, such as CEOs, directors, and marketing executives.

Data Triangulation

After arriving at the overall market size from the estimation process described above, the total market was split into several segments. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments. The data was triangulated by studying various factors and trends from both the demand and supply sides. In addition, the market size was validated using both top-down and bottom-up approaches. It was then verified through primary interviews. Hence, three approaches were adopted—the top-down approach, the bottom-up approach, and the one involving expert interviews. Only when the values arrived at from the three points, match the data assumed to be correct.

Report Objectives

  • To describe and forecast the nut product market in terms of product types, nut types, application, category, quality, and region
  • To describe and forecast the nut product market, in terms of value, by region–North America, Europe, Asia Pacific, South America, and the Rest of the World—along with their respective countries
  • To provide detailed information regarding the major factors influencing the market growth (drivers, restraints, opportunities, and challenges)
  • To strategically analyze micro-markets with respect to individual growth trends, prospects, and contributions to the overall market
  • To study the complete value chain of the nut product market
  • To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the nut product market
  • To strategically profile the key players and comprehensively analyze their market positions, in terms of ranking and core competencies, along with details on the competitive landscape of market leaders
  • To analyze strategic approaches, such as expansions & investments, product launches & approvals, mergers & acquisitions, and agreements in nut product market

Available Customizations

Based on the given market data, MarketsandMarkets offers customizations in the reports according to client-specific requirements. The available customization options are as follows:

Product Analysis

  • Product Matrix, which gives a detailed comparison of the product portfolio of each company

Geographic Analysis

  • Further breakdown of the Rest of Asia Pacific nut products market, by key country

Company Information

  • Detailed analyses and profiling of additional market players (up to five)
Report Code
FB 7855
Published ON
Aug, 2022
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