- Brazil nuts are nutrient-rich tree nuts primarily harvested from the Amazon rainforest and are valued for their high selenium content, making them popular in health and wellness food segments. They are commonly used in snacks, confectionery, and dietary supplements
- The demand for Brazil nuts is significantly driven by increasing health consciousness, rising popularity of plant-based diets, and growing awareness of selenium’s health benefits
- Latin America is expected to dominate the brazil nuts market with largest market share of approximately 45%, due to being the primary production hub and the presence of favorable climatic and harvesting conditions
- Asia-Pacific is expected to be the fastest growing region in the brazil nuts market during the forecast period due to increasing disposable incomes and growing demand for nutrient-rich superfoods
- Conventional Brazil nuts segment is expected to dominate the market with a largest market share of approximately 70%, due to the historically lower production costs and broader availability of conventionally grown Brazil nuts. Conventional farming methods have been the traditional approach, resulting in a more established supply chain and consumer base. These nuts are produced using standard agricultural practices, which make them more cost-effective compared to organic alternatives
