Global Tree Nuts Market Size, Share, Growth Analysis, By Product Type, By Form, By End-User, By Application

Description

Global tree nuts market size was valued at USD 47.79 billion in 2022 and is poised to grow from USD 53.24 billion in 2023 to USD 126.27 billion by 2031, at a CAGR of 11.4% during the forecast period (2024-2031).

The global demand for tree nuts is on the rise, significantly impacting the nut market. Among tree nuts, almonds and cashews stand out as crucial products. Almonds, renowned for their health benefits and wide availability, enjoy greater market penetration compared to other nuts. The popularity of tree nuts has surged globally, thanks to the accessibility provided by e-commerce or online retail platforms, catering to consumers worldwide. A key driver of this market expansion is the growing consumer focus on well-being, alongside evolving behavior patterns in the international food and beverage sector. The tree nuts market is fiercely competitive, featuring a mix of major multinational corporations and smaller regional players. Notably, innovation and product development play a vital role, with companies continually striving to introduce novel nut-based products that align with shifting consumer preferences. Expectations point towards sustained growth in the foreseeable future, driven by increasing demand for healthy snacks, heightened consumer awareness regarding the health advantages of nuts, and the expanding adoption of plant-based diets.

Top-down and bottom-up approaches were used to estimate and validate the size of the global tree nuts market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Tree Nuts Market Segmental Analysis

Global tree nuts market is segmented based on product type, application, form, end-user, and region. By product type, the market is segmented into cashew nuts, walnuts, almonds, pistachios, hazelnuts, chestnuts, brazil nuts, and others. By application, the market is segmented into direct consumption/culinary purpose, bakery & confectionery, breakfast cereals, snacks, flavored drinks, butter & spreads, dairy products, and others. By form, the market is segmented into whole, split, and others. By end-user, the market is segmented into individuals, food processing industry, and food service providers. By region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Drivers of the Global Tree Nuts Market

Tree nuts boast a wealth of nutrients, including healthy fats, fiber, protein, vitamins, and minerals, making them highly sought-after by health-conscious consumers. The rising demand for nutritious and wholesome food options is anticipated to fuel the expansion of the tree nuts market.

Restraints in the Global Tree Nuts Market

The prices of tree nuts are prone to significant fluctuations, influenced by factors such as weather conditions, supply and demand dynamics, and geopolitical events. These fluctuations pose challenges for growers and manufacturers in terms of planning their production and pricing strategies.

Market Trends of the Global Tree Nuts Market

Rising demand from emerging markets is a key driver of the global tree nut market. With the middle-class population expanding in countries such as China, India, and Brazil, there is a growing appetite for high-quality, nutritious products like tree nuts. As these economies develop and consumer awareness about health increases, this trend is expected to persist.

Product Code: SQMIG30H2126

Executive Summary

Market Overview
Wheel of Fortune

Research Methodology

Information Procurement
Secondary & Primary Data Sources
Market Size Estimation
Market Assumptions & Limitations

Parent Market Analysis

Market Overview
Market Size
Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges

Key Market Insights

Technology Analysis
Pricing Analysis
Supply Chain Analysis
Value Chain Analysis
Ecosystem of the Market
IP Analysis
Trade Analysis
Startup Analysis
Raw Material Analysis
Innovation Matrix
Pipeline Product Analysis
Macroeconomic Indicators
Top Investment Analysis
Key Success Factor
Degree of Competition

Market Dynamics & Outlook

Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges
Regulatory Landscape
Porters Analysis
- Competitive rivalry
- Threat of Substitute Products
- Bargaining Power of Buyers
- Threat of New Entrants
- Bargaining Power of Suppliers
Skyquest Special Insights on Future Disruptions
- Political Impact
- Economic Impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact

Global Tree Nuts Market by Product Type

Market Overview
Cashew Nuts
Walnuts
Almonds
Pistachios
Hazelnuts
Chestnuts
Brazil Nuts
and Others

Global Tree Nuts Market by Form

Market Overview
Whole
Split
and Others

Global Tree Nuts Market by End-User

Market Overview
Individuals
Food Processing Industry
and Food Service Providers

Global Tree Nuts Market by Application

Market Overview
Direct Consumption/Culinary Purpose
Bakery & Confectionery
Breakfast Cereals
Snacks
Flavored Drinks
Butter & Spreads
Dairy Products
and Others

Global Tree Nuts Market Size by Region

Market Overview
North America
- USA
- Canada
Europe
- Germany
- Spain
- France
- UK
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Rest of Latin America
Middle East & Africa (MEA)
- GCC Countries
- South Africa
- Rest of MEA

Competitive Landscape

Top 5 Player Comparison
Market Positioning of Key Players, 2021
Strategies Adopted by Key Market Players
Top Winning Strategies
- By Development
- By Company
- By Year
Recent Activities in the Market
Key Companies Market Share (%), 2021

Key Company Profiles

Olam International Limited (Singapore)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Archer Daniels Midland Company (USA)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Diamond Foods LLC (USA)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Mariani Nut Company Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Blue Diamond Growers
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Select Harvests Limited
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Sun Valley Nut, LLC
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Lone Tree Nut Company, Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Tree Nuts International
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
CG Hacking & Sons Limited
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Kanegrade Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Voicevale Ltd
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Waterford Nut Co. Inc.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Golden Peanut Company Llc
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Montagu Snacks
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Baja
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
BredaBest BV
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Hines Nut Co.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
IMPORTACO SA
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Intersnack Group GmbH and Co. KG
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Kanan Enterprises
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Plantabul Ltd.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Poindexter Nut Co.
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Summit Almonds LLC
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments

Global Tree Nuts Market Size, Share, Growth Analysis, By Product Type, By Form, By End-User, By Application - Industry Forecast 2024-2031