Nut Ingredients Market by Type (Almond, Cashew, Walnut, Hazelnut, Others); Form (Roasted, Raw, Powdered, Cut); Application (Confectionary, Snacks & Bars, Dairy Products, Beverages, Bakery Products) and Geography

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Nut Ingredients Market by Type (Almond, Cashew, Walnut, Hazelnut, Others); Form (Roasted, Raw, Powdered, Cut); Application (Confectionary, Snacks & Bars, Dairy Products, Beverages, Bakery Products) Geography-Global Forecast to 2030

According to the research report titled, 'Nut Ingredients Market by Type (Almond, Cashew, Walnut, Hazelnut, Others); Form (Roasted, Raw, Powdered, Cut); Application (Confectionary, Snacks & Bars, Dairy Products, Beverages, Bakery Products) and Geography-Global Forecast to 2030,' the nut ingredients market is projected to reach $10.2 billion by 2030, at a CAGR of 6.1% during the forecast period 2023-2030. The report provides an in-depth analysis of the nut ingredients market across five major regions, emphasizing the current market trends, market sizes, recent developments, and forecasts till 2030.

Following extensive secondary and primary research and an in-depth analysis of the market scenario, the report conducts an impact analysis of the key industry drivers, restraints, opportunities, and trends. The growth of the nut ingredients market is driven by the rising preference for plant-based food products, product innovation and developments, changing food landscape and lifestyle, and growing emphasis on health and wellness. However, fluctuating raw material prices and the prevalence of nut allergies may restrain market growth.

Moreover, increased investments and expansion in nut-based products are expected to create market growth opportunities.

The key players operating in the nut ingredients market are Barry Callebaut Group (Switzerland), Olam International Limited (Singapore), Archer-Daniels-Midland Company (U.S.), Terri Lynn, Inc. (U.S.), Bergin Fruit and Nut Company (U.S.), ROYAL NUT COMPANY (Australia), HBS Foods Ltd. (U.K.), Helios Ingredients Ltd (U.K.), Sran Family Orchards (U.S.), and Harris Woolf Almonds (U.S.).

Based on type, the global nut ingredients market is segmented into almond, cashew, hazelnut, walnut, and other types. In 2023, the almond segment is expected to dominate the global nut ingredients market. The large market share of this segment is attributed to the rising almond consumption owing to their functional properties, including rich antioxidants, fiber, minerals, and vitamins, increasing demand for almonds in different food applications, rising vegan population leading to demand for almond milk, and low price of almonds compared to other nuts. Also, the rising trend for assorted almonds is further expected to drive the growth of the almond segment.

Based on form, the global nut ingredients market is segmented into raw, roasted, powdered, cut, and other forms. In 2023, the raw segment is expected to account for the largest share of the global nut ingredients market. The large market share of this segment is mainly attributed to factors such as extended shelf life compared to other forms, better absorption of nutrients, no contact with harmful chemical substances, and low cost.

Based on application, the global nut ingredients market is segmented into confectionery products, bakery products, snacks & bars, dairy products, beverages, and other products. The snacks & bars segment is expected to register the highest CAGR during the forecast period. The rapid growth of this segment is attributed to factors such as increasing demand for nutrition-packed convenience food, growing consumer demand for natural and healthy products, and increased new product launches with nuts as prominent ingredients in snacks & bars.

An in-depth geographic analysis of the industry provides detailed qualitative and quantitative insights into the five major regions (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa) and the coverage of major countries in each region. Asia-Pacific is predicted to register the highest CAGR during the forecast period. The growth of this regional market is mainly attributed to factors such as changing lifestyles, the emerging trend of healthy food & food ingredients, increasing health consciousness, increasing raw material availability, and the expansion in the region by key players.

Key Questions Answered in the Report-

What is the current revenue generated by the nut ingredients market globally?
At what rate is the nut ingredients demand projected to grow for the next 5-7 years?
What are the historical market sizes and growth rates of the nut ingredients market?
What are the major factors impacting the growth of this market at the regional and country levels? What are the major opportunities for existing players and new entrants in the market?
Which segments, in terms of type, form, and application, are expected to create traction for the manufacturers in this market during the forecast period 2023-2030?
What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the nut ingredients market?
Who are the major players in the nut ingredients market? What are their specific product offerings in this market?
What are the recent strategic developments in the nut ingredients market? What are the impacts of these strategic developments on the market?

Scope of the Report:

Nut Ingredients Market Assessment-by Type

Almond
Cashew
Hazelnut
Walnut
Other Types

Nut Ingredients Market Assessment-by Form

Raw
Roasted
Powdered
Cut
Other Forms

Nut Ingredients Market Assessment-by Application

Confectionary Products
Bakery Products
Snacks & Bars
Dairy Products
Beverages
Other Products

Nut Ingredients Market Assessment-by Geography

North America
U.S
Canada
Europe
Germany
France
U.K.
Italy
Spain
Switzerland
Rest of Europe (RoE)
Asia-Pacific
China
Japan
India
Australia
Rest of Asia-Pacific (RoAPAC)
Latin America
Middle East & Africa

Product Code: MRFB - 1041006

1. Market Definition & Scope

1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency
1.4. Key Stakeholders

2. Research Methodology

2.1. Research Process
2.2. Data Collection & Validation
- 2.2.1. Secondary Research
- 2.2.2. Primary Research/Interviews with Key Opinion Leaders of the Industry
2.3. Market Sizing and Forecast
- 2.3.1. Market Size Estimation Approach
- 2.3.2. Growth Forecast Approach
2.4. Assumptions for the Study
2.5. Limitations of the Study

3. Executive Summary

3.1. Overview
3.2. Segment Analysis
- 3.2.1. Nut Ingredients Market Assessment-by Type
- 3.2.2. Nut Ingredients Market Assessment-by Form
- 3.2.3. Nut Ingredients Market Assessment-by Application
3.3. Nut Ingredients Market: Regional Analysis
3.4. Competitive Landscape & Market Competitors

4. Market Insights

4.1. Overview
4.2. Drivers
- 4.2.1. Growing Preference for Plant-based Food Products
- 4.2.2. New Product Launches
- 4.2.3. Changing Food Landscape and Lifestyle
- 4.2.4. Rising Consumption of Nuts as a Healthy Snack
4.3. Restraints
- 4.3.1. Fluctuating Raw Material Prices
- 4.3.2. Limited Adoption Due to Allergies from Nuts
4.4. Opportunities
- 4.4.1. Increased Investments and Expansion in Nut-based Products
4.5. Porter's Five Forces Analysis
- 4.5.1. Bargaining Power of Suppliers
- 4.5.2. Bargaining Power of Buyers
- 4.5.3. Threat of Substitutes
- 4.5.4. Threat of New Entrants
- 4.5.5. Degree of Competition

5. Nut Ingredients Market Assessment-by Type

5.1. Overview
5.2. Almond
5.3. Cashew
5.4. Hazelnut
5.5. Walnut
5.6. Other Types

6. Nut Ingredients Market Assessment-by Form

6.1. Overview
6.2. Raw
6.3. Roasted
6.4. Powdered
6.5. Cut
6.6. Other Forms

7. Nut Ingredients Market Assessment-by Application

7.1. Overview
7.2. Confectionary Products
7.3. Bakery Products
7.4. Snacks & Bars
7.5. Dairy Products
7.6. Beverages
7.7. Other Applications

8. Nut Ingredients Market Assessment-by Geography

8.1. Overview
8.2. North America
- 8.2.1. U.S.
- 8.2.2. Canada
8.3. Europe
- 8.3.1. Germany
- 8.3.2. France
- 8.3.3. U.K.
- 8.3.4. Italy
- 8.3.5. Spain
- 8.3.6. Switzerland
- 8.3.7. Rest of Europe (RoE)
8.4. Asia-Pacific
- 8.4.1. China
- 8.4.2. Japan
- 8.4.3. India
- 8.4.4. Australia
- 8.4.5. Rest of Asia-Pacific (RoAPAC)
8.5. Latin America
8.6. Middle East & Africa

9. Competitive Analysis

9.1. Overview
9.2. Key Growth Strategies
9.3. Competitive Benchmarking
9.4. Competitive Dashboard
- 9.4.1. Industry Leaders
- 9.4.2. Market Differentiators
- 9.4.3. Vanguards
- 9.4.4. Contemporary Stalwarts
9.5. Market Share Analysis, by the Key Players/Key Market Ranking, 2022

10. Company Profiles (Company Overview, Financial Overview, Product Portfolio, SWOT Analysis, and Strategic Developments)

10.1. Barry Callebaut Group
10.2. Olam International Limited
10.3. ARCHER-DANIELS-MIDLAND COMPANY
10.4. Terri Lynn, Inc.
10.5. Bergin Fruit and Nut Company
10.6. ROYAL NUT COMPANY
10.7. HBS Foods Ltd.
10.8. Helios Ingredients Ltd
10.9. Sran Family Orchards
10.10. Harris Woolf Almonds
10.11. Other Companies

(Note: SWOT Analysis of the top 5 companies will be Provided.)

11. Appendix

11.1. Questionnaire
11.2. Available Customization