Health & Wellness Trend and growing focus on preventive healthcare, launch of innovative healthier products are expected to drive the Global Nut Ingredients Market in the forecast period of 2019 to 2026

Global nut ingredients market is expected to grow at a substantial CAGR of 6.0% in the forecast period 2019 to 2026. The new market report contains data for the historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.

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Drivers: Global Nut Ingredients Market 

• Health & wellness trend and growing focus on preventive healthcare
• Launch of innovative healthier products

Restraints:

• Allergies to nut ingredients
• Increased price of the nut ingredients

Opportunity:

Market growth in emerging nations

Challenge:

Limited resources

Market Trends:

• On the basis of type, the market is segmented into peanut, walnut, almond, cashew, hazelnut, pistachio, pecan, others. The almond segment is anticipated to reach the highest CAGR in the forecast period of 2019 to 2026.
• On the basis of form, the market is segmented into granular, paste, roasted.
• On the basis of application, the market is segmented into snacks & bar, chocolate & confectionery, bakery products, spreads, sauces & seasonings, desserts & ice cream, meals & meal centers, breakfast cereals, dairy, beverages, others.
• On the basis of end-users, the market is segmented into industrial, commercial. In 2019, industrial segment is estimated to lead the global nut ingredients market with the highest CAGR in the forecast period of 2019 to 2026.

Major Players: Global Nut Ingredients Market 

Some of the prominent players operating in this market are Archer Daniels Midland Company, Olam International, Barry Callebaut, Blue Diamond Growers, Mariani Nut Company, Kanegrade Ltd., Bergin Friut and Nut Company, LBNUTS AG, Fruisec, Royal Nut Company. , H.B.S. Foods Ltd., Terri Lynn and many others.