PUBLISHER: Grand View Research | PRODUCT CODE: 1530372
PUBLISHER: Grand View Research | PRODUCT CODE: 1530372
The global packaged nuts and seeds market size is expected to reach USD 48.22 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to grow at a CAGR of 6.9% from 2024 to 2030. There is a growing awareness among consumers worldwide about the health benefits of nuts and seeds. These products are rich in essential nutrients like healthy fats, protein, fiber, vitamins, and minerals, which are crucial for maintaining overall health and well-being. As lifestyles become increasingly health-conscious, there is a rising demand for nutritious and convenient snack options that can be easily incorporated into daily diets.
Moreover, the popularity of plant-based diets is contributing significantly to market expansion. Nuts and seeds are naturally plant-based and align well with the preferences of consumers seeking vegetarian, vegan, or flexitarian dietary choices. They are perceived as sustainable protein sources and are often favored for their natural, minimally processed qualities compared to traditional snack foods. This trend is driving innovation in product formulations, such as flavored nuts and seed blends, to cater to diverse tastes and dietary requirements.
Furthermore, the convenience factor plays a crucial role in the growth of the packaged nuts and seeds industry. Packaged products offer ready-to-eat solutions that are portion-controlled and easily portable, making them ideal for busy lifestyles. The availability of various packaging formats, including single-serve packs and resealable pouches, further enhances their appeal by maintaining freshness and convenience. In addition, the expansion of online retail channels has made these products more accessible to consumers, driving further market growth by reaching a broader audience beyond traditional brick-and-mortar stores.