Middle East and Africa Nuts Market, By Category (Conventional, Organic), Type (Almonds, Brazil Nuts, Cashews, Chestnuts, Hazelnuts, Hickory Nuts, Macadamia Nuts, Pecans, Pine Nuts, Pistachios, Walnuts, Peanuts, and Others), Coating Type (Coated, Uncoated), Form (Whole, Diced/Cut, Roasted, Granular), End User (Household/Retail, Food Service Sector, Café, Catering, Others), Distribution Channel (Store Based Retailers, Non-Store Retailers) - Industry Trends and Forecast to 2030.
Middle East and Africa Nuts Market Analysis and Size
With increased awareness of the need to maintain a healthy lifestyle, consumers are embracing healthy eating habits by including nuts and drinking more water and fruits. These seemingly insignificant behaviors can greatly impact someone's health and well-being. Consumers realize the value of this nutritious food, which is fuelling the growth of Middle Eastern and African nuts as the World Health Organization (WHO) advises including nuts in a healthy diet for adults.
Data Bridge Market Research analyses that the nuts market, valued at USD 30,236.35 million in 2022, will reach USD 53,128.44 million by 2030, growing at a CAGR of 7.3% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Middle East and Africa Nuts Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Category (Conventional, Organic), Type (Almonds, Brazil Nuts, Cashews, Chestnuts, Hazelnuts, Hickory Nuts, Macadamia Nuts, Pecans, Pine Nuts, Pistachios, Walnuts, Peanuts, and Others), Coating Type (Coated, Uncoated), Form (Whole, Diced/Cut, Roasted, Granular), End User (Household/Retail, Food Service Sector, Café, Catering, Others), Distribution Channel (Store Based Retailers, Non-Store Retailers)
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Countries Covered
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UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
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Market Players Covered
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Cargill Incorporated (U.S.), ADM (U.S.), Dupont (U.S.), Evonik (Germany), BASF SE (Germany), DSM (Netherlands), Ajinomoto Co., Inc. (Japan), Novozymes (Denmark), Chr. Hansen Holding A/S (Denmark), TEGASA (Spain), Nutreco (Netherlands), Kemin Industries Inc. (U.S.), Adisseo (France), Alltech (U.S.), Palital Feed Additives B.V. (Netherlands), Centafarm SRL (Italy), Bentoli (U.S.), NUQO Feed Additives (France), and Novus International (U.S.)
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Market Opportunities
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Market Definition
A nut has two components: an edible seed and a hard, inedible shell. The oily kernels known as nuts, found inside the fruit's shell, are used in a wide range of food products worldwide. Healthy fats, protein, fiber, minerals, and vitamins are abundant in nuts and seeds. They also regulate food intake and energy expenditure because the body does not entirely absorb its fats.
Nuts Market Dynamics
Drivers
- The rising popularity of paleo diets and healthy eating
Growing paleo diets, vegan food trends, and other healthy eating patterns drive the Middle East and Africa's nut market to expand quickly. They are rich in protein, good fats, and carbohydrates, so nuts are a crucial part of these diets. As a result, the Middle East and Africa market has recently been driven by rising consumer awareness of the health benefits of nuts. The younger generation's preference for natural and organic products has recently led to a larger target market for nut producers.
- Increasing demand across all end-user industries
Nuts are utilized in various ways by different end users, and they are also becoming more common in kitchens. Nuts and seeds have various beneficial effects on human health, including lowering blood cholesterol and preventing diabetes and gallstones in both sexes, among other medical uses. In addition, a lot of influential figures consider cosmetics to be an essential component. Nut spreads, gravies and salad dressings, dairy inclusions and toppings, energy bars, confectionery fillings and bars, bakery fillings, and inclusions, food for infants and children, and many other edible products can be made from edible nuts.
Opportunities
- A variety of characteristics can increase consumer demand for nuts
Characteristics such as longer shelf life, crunchiness, and high nutritional density are anticipated to expand market opportunities for edible nuts. Additionally boosting the market is the ability of edible nuts to be used in a wide range of goods, including artisan crackers, yogurt, and ice cream. The chocolate industry has used nuts to improve the flavor of chocolates. The market for edible nuts has a lucrative opportunity to expand as a result. Growing veganism and the flexitarian population's shift to plant-based foods present a significant opportunity for edible nuts to strengthen their position.
Restraints/Challenges
- Insufficient raw materials and price violations may cause the market to collapse
The growing popularity of healthier snacking and eating habits encourages nuts consumption, tree nuts and groundnuts. High consumption can cause life-threatening allergic reactions, and significant negative health effects, such as laxative effects that could cause diarrhea and abdominal discomfort, are potential threats limiting the growth of the nuts market during the forecast period.
This 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 localized 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 the 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.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In 2020, Roasted almond, Brazil nut, walnut, and unsalted roasted cashew were added by Seeberger to its line of organic nut snacks.
- In 2020, Kraft-Heinz unveiled Pop & Pour nuts, enabling snackers to pop open, pour, eat, and repeat. The business wanted to build a snack shop that could handle the busy schedules of its customers.
- In 2020, Fuego, Flare, and Smokin' Lime, the three brand-new Takis Hot Nuts flavors, were released. Using double crunch technology, Takis' distinct spicy intensity is added to each bite of peanut-filled candy, providing customers with new snacking options.
Middle East and Africa Nuts Market Scope
The nuts market is segmented on the basis of category, type, coating type, form, end user and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Category
- Conventional
- Organic
Type
- Almonds
- Brazil Nuts
- Cashews
- Chestnuts
- Hazelnuts
- Hickory Nuts
- Macadamia Nuts
- Pecans
- Pine Nuts
- Pistachios
- Walnuts
- Peanuts
- Others
Coating type
- Coated
- Uncoated
Form
- Whole
- Diced/Cut
- Roasted
- Granular
End users
- Household/Retail
- Food Service Sector
- Café
- Catering
- Others
Distribution channel
- Store based retailers
- Non store retailers
Nuts Market Regional Analysis/Insights
The nuts market is analysed and market size insights and trends are provided by country, category, and type, coating type, form, end user and distribution channel as referenced above.
The countries covered in the nuts market report are UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
South Africa dominates the market and will continue to flourish its trend of dominance during the forecast period in the Middle East and Africa. Its high-income level and growing demand for plant-based snacks are the major factors attributable to its dominance.
The country section of the 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 down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the 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 Nuts Market Share Analysis
The 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 nuts market.
Some of the major players operating in the nuts market are:
- Cargill Incorporated (U.S.)
- ADM (U.S.)
- Dupont (U.S.)
- Evonik (Germany)
- BASF SE(Germany)
- DSM (Netherlands)
- Ajinomoto Co., Inc. (Japan)
- Novozymes (Denmark)
- Chr. Hansen Holding A/S (Denmark)
- TEGASA (Spain)
- Nutreco (Netherlands)
- Kemin Industries Inc. (U.S.)
- Adisseo (France)
- Alltech (U.S.)
- Palital Feed Additives B.V. (Netherlands)
- Centafarm SRL (Italy)
- Bentoli (U.S.)
- NUQO Feed Additives (France)
- Novus International (U.S.)
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