Nut Ingredients Market Poised to Hit $102 Billion by 2030

1. Nut Ingredients Market Poised to Hit $102 Billion by 2030

2. Nut Ingredients Market– 2024-2030 Meticulous Research® has published an in-depth report titled "Nut Ingredients Market by Type (Almond, Cashew, Walnut, Hazelnut, Others), Form (Roasted, Raw, Powdered, Cut), Application (Confectionary, Snacks & Bars, Dairy Products, Beverages, Bakery Products), and Geography - Global Forecast to 2030." The report forecasts that the global nut ingredients market will reach $10.2 billion by 2030, with a compound annual growth rate (CAGR) of 6.1% from 2024 to 2030. The market's growth is driven by rising consumer preference for plant-based foods, continuous innovations in product development, and a focus on health and wellness. Nuts, known for their rich nutritional profile including essential vitamins, minerals, healthy fats, and proteins, are consumed in various forms such as whole, chopped, ground, or processed. Increased investment in nut-based products is expected to boost market growth, although challenges such as raw material price fluctuations and nut allergies may impact expansion. The segmentation analysis indicates that almonds are expected to capture the largest market share in 2024. This is due to their high nutritional content and increasing use in diverse food applications, such as almond milk for vegans. The growing trend towards assorted almond products also contributes to the growth of this segment. Regarding form, raw nuts are projected to dominate the market. Raw nuts offer longer shelf life, superior nutrient retention, and absence of chemical contaminants. Their cost-effectiveness further supports their market leadership. Among applications, the snacks & bars segment is anticipated to experience the highest CAGR during the forecast period. This growth is driven by rising consumer demand for nutritious and convenient foods and an increasing number of product launches featuring nuts as key ingredients. Geographically, North America is expected to hold the largest market share in 2024. This is attributed to the region's established food and beverage industry, high consumer awareness of the health benefits of nut ingredients, and the popularity of protein-rich products among millennials. The growing vegan population and advancements in nut-enriched products further contribute to North America's market leadership. In conclusion, the nut ingredients market is set for substantial growth, driven by trends towards healthier eating, product innovations, and increased investments. Despite some challenges, the market outlook remains favorable, supported by expanding applications and rising consumer demand for nutritious products. Key Players The global nut ingredients market is characterized by a moderately competitive scenario due to many large and small-sized global, regional, and local players. The key players operating in the global nut ingredients market are Barry Callebaut Group (Switzerland), Olam International Limited (Singapore), Archer-Daniels- Midland Company (U.S.), Terri Lynn, Inc. (U.S.), Bergin Fruit and Nut Company (U.S.), ROYAL NUT COMPANY (Australia), HBS Foods Ltd. (U.K.), Helios Ingredients Ltd (U.K.), Sran Family Orchards (U.S.), and Harris Woolf Almonds (U.S.). Download Sample Report Here @ https://www.meticulousresearch.com/download-sample- report/cp_id=5689 Key Questions Answered in the Report- • What is the current value of revenue generated by the global nut ingredients market? • At what rate is the global nut ingredients demand projected to grow for the next 5–7 years? Page 1 of 2 © Meticulous Research| sales@meticulousresearch.com

3. Nut Ingredients Market– 2024-2030 • • What are the historical market sizes and growth rates of the global nut ingredients market? What are the major factors impacting the growth of this market at the global and regional levels? What are the major opportunities for existing players and new entrants in the market? Which segments in terms of type, form, and application category create major traction for the manufacturers in this market? What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the nut ingredients market? Who are the major players in the global nut ingredients market? What are their specific product offerings in this market? What are the recent strategic developments in the global nut ingredients market? What are the impacts of these strategic developments on the market? • • • • Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 2 of 2 © Meticulous Research| sales@meticulousresearch.com