Global Tree Nuts Market, By Product Type (Cashew Nuts, Walnuts, Almonds, Pistachios, Hazelnuts, Chestnuts, Brazil Nuts, Others), Application (Direct Consumption/Culinary Purpose, Bakery & Confectionery, Breakfast Cereals, Snacks, Flavored Drinks, Butter & Spreads, Dairy Products, Others), Form (Whole, Split, and Others), End-User (Individual, Food Processing Industry, Food Service Providers), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa), Industry Trends and Forecast to 2028
Tree nuts market is expected to reach USD 76.21 billion by 2028 growing at a growth rate of 6.95% in the forecast period 2021 to 2028. Increasing demand and growing awareness among the people regarding the benefits of by products will act as a factor for the tree nuts market in the forecast period of 2021-2028.
Increasing preferences of highly nutritive nut snacks, surging number of application across various industries, adoption of tree nuts in the cosmetic sector, rising health benefits such as fulfilling deficiencies of proteins and minerals, rising disposable income of the people will likely to accelerate the growth of the tree nuts market in the forecast period of 2021-2028. On the other hand growing number of vegan population will further boost various opportunities that will lead to the growth of the tree nuts market in the above mentioned forecast period.
Increasing occurrences of allergies due to the consumption of nuts along with easy availability of product substitute will hamper the growth of the tree nuts market in the above mentioned forecast period.
This tree nuts market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on tree nuts market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Tree Nuts Market Scope and Market Size
Tree nuts market is segmented on the basis of product type, form, end-user and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product type, the tree nuts market is segmented into cashew nuts, walnuts, almonds, pistachios, hazelnuts, chestnuts, brazil nuts, and others.
- Based on application, the tree nuts market is segmented into direct consumption/culinary purpose, bakery & confectionery, breakfast cereals, snacks, flavored drinks, butter & spreads, dairy products, and others.
- Based on the form, the tree nuts market is segmented into whole, split, and others.
- Based on end-user, the tree nuts market is segmented into individual, food processing industry, and food service providers.
Tree Nuts Market Country Level Analysis
Tree nuts market is analyses and market size, volume information is provided by country by product type, form, end-user and application as referenced above.
The countries covered in the tree nuts market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
Europe dominates the tree nuts market due to the increasing number of population adopting veganism in Germany along with growth of food and beverages industry while Asia-Pacific will expect to grow in the forecast period 2021 to 2028 because of increasing disposable income of the people along with rapid urbanization and rising demand of healthy food and beverages.
The country section of the tree nuts market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Tree Nuts Market Share Analysis
Tree nuts market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to tree nuts market.
The major players covered in the tree nuts market report are Olam International, Diamond Foods, Mariani Nut Company, Inc., Select Harvests Limited, Waterford Nut Co, ADM, TREE NUTS INTERNATIONAL, Lone Tree Nut Company, Inc., Sun Valley Nut, LLC, Golden Peanut and Tree Nuts, King Nut, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.