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Global Nut Products Market (2020 to 2025) - Expanding Application Spectrum for Nuts and Derivatives Presents Opportunities

Dublin, April 08, Apr 08, 2021 (GLOBE NEWSWIRE via COMTEX) --

The "Nut Products Market by Product Type (Nut Butter, Nut Paste/Marzipan Paste/Persipan Paste, Nut Fillings with Cocoa, Nut Fillings without Cocoa, Caramelized Nuts, and Nut Flour), Nut Type, End User/Application, Quality and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The global nut products market size is estimated to be valued at USD 1.5 billion in 2020 and is projected to reach USD 2.0 billion by 2025, recording a CAGR of 5.8%, in terms of value.

The market is increasingly driven by increasing consumer preferences for nutrient-rich nut products, the growing awareness toward preventive approach for overall health and well-being, and the robust increase in the launch of food & beverage products using natural nut ingredients, such as almonds, walnuts, cashews, and hazelnuts. The inclusion of premium nut-based products in bakery, confectionery, beverages, and other processed foods have provided consumers with various options that is healthy and tasty at the same time. This trend is expected to continue strong throughout the forecast period.

By type, nut fillings with cocoa segment is projected to grow at the highest CAGR during the forecast period.

Nut fillings with cocoa help in adding texture and nutrition to the products and are increasingly used in the preparation of health-based snack foods. The market for nut fillings with cocoa is projected to witness rapid growth across regions due to the development of the food processing industry and high consumption among the population.

By application, the cereals & snack bars segment is estimated to account for the fastest growth rate.

The incorporation of edible nuts like almonds, pistachios, walnuts and hazelnuts in cereals & bars has experienced robust growth in the past few years. The inclination of consumers towards the snack bar category is mainly because it is considered as a convenience health-benefiting food product. It also provides crunchiness, and provides numerous nutrients, and improves taste. Nuts like almonds provide a fuller feeling to consumers due to their high protein content. Owing to these factors, cereals & snack bars are constantly experiencing growth in markets of the US and Europe.

The North America region is projected to grow at the highest CAGR during the forecast period.

The significant increase in the rate of obesity rate in regions like the US has created growth opportunities for meal replacement beverages, healthier snack items, and nutrition bars. Therefore, people are opting for a healthier lifestyle, with more inclination toward health-benefiting food products. The increase in the use of edible nuts as a nutritional product and as an ingredient in numerous food segments, such as cereals, snacks, desserts, and confectionery products, has helped in creating growth opportunities for nut products manufacturers.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

4.1 Attractive Growth Opportunities in Nut Products Market

4.2 North America: Nut Products Market, by Application & Country

4.3 Nut Products Market, by Type

4.4 Nut Products Market, by Application

4.5 Nut Products Market, by Nut Type

4.6 Nut Products Market, by Region

5 Market Overview

5.1 Introduction

5.2 Market Dynamics

5.2.1 Drivers

5.2.1.1 Rising Health Awareness Led to Evolving Dietary Patterns

5.2.1.2 Robust Growth Projections for the Bakery and Confectionery Sectors

5.2.1.3 Preventive Healthcare-Emerging Dietary Approaches to Address Lifestyle Diseases

5.2.1.4 Nuts as Major Ingredients in New Product Developments

5.2.1.5 Vegan Food Products-Nuts as a Key Ingredient-Their Strategic Positioning

5.2.2 Restraints

5.2.2.1 Availability and Fluctuating Costs for Nuts as Raw Material

5.2.2.2 Allergenicity Concerns for Nut-Based Ingredients

5.2.3 Opportunities

5.2.3.1 Expanding Application Spectrum for Nuts and Derivatives

5.2.3.2 Emerging Economies as Global Hotspots for Investments in the Nut Products Market

5.2.4 Challenges

5.2.4.1 Supply Chain Management Intricacies and Quality of Nut Products

5.3 Impact of COVID-19 on Market Dynamics

5.3.1 COVID-19 Negatively Impacted Demand for Nut Products

5.3.2 COVID-19 Impact on Nut Products Supply Chain

6 Industry Trends

6.1 Introduction

6.2 Value Chain Analysis

6.2.1 Growers & Small-Scale Producers

6.2.2 Suppliers/Traders

6.2.3 Processors & Packers

6.2.4 Branding Marketing & Sales

6.2.5 Logistics & Distribution

6.2.6 End-users

6.3 Pricing Analysis: Nut Products Market, by Type

6.4 Ecosystem Map

6.4.1 Nut Products Market: Ecosystem View

6.4.2 Nut Products Market: Market Map

6.4.2.1 Upstream

6.4.2.1.1 Raw Material Suppliers

6.4.2.1.2 Ingredient Manufacturers

6.4.2.2 Downstream

6.4.2.2.1 Testing, Inspection & Certification (Tic) Service Providers and Regulatory Bodies

6.5 Yc-Ycc Shift

6.6 Patent Analysis

6.7 Trade Analysis

6.8 Porter's Five Forces Analysis

6.8.1 Degree of Competition

6.8.2 Bargaining Power of Suppliers

6.8.3 Bargaining Power of Buyers

6.8.4 Threat of Substitutes

6.8.5 Threat of New Entrants

6.9 Case Studies

7 Key Regulations for Nut Products

7.1 United States

7.1.1 United States: Food and Drug Administration

7.1.2 Electronic Code of Federal Regulations

7.1.3 European Union Regulations

8 Nut Products Market, by Type

8.1 Introduction

8.1.1 COVID-19 Impact on the Nut Products Market, by Type (2018-2025)

8.1.1.1 Realistic Scenario

8.1.1.2 Optimistic Scenario

8.1.1.3 Pessimistic Scenario

8.1.2 Nut Butters

8.1.2.1 Snacking is the Potential Growth Market for Nut Spreads

8.1.3 Nut Paste/Marzipan Paste/Persipan Paste

8.1.3.1 Growth in the Healthy Bakery Products' Consumption to Boost the Nut Paste Market

8.1.4 Nut Fillings with Cocoa

8.1.4.1 Increased Usage of Almond Flavor in Confectionery and Baked Foods to Drive the Market

8.1.5 Nut Fillings Without Cocoa

8.1.5.1 Application of Pralines in Various Foods to Drive the Market

8.1.6 Caramelized Nuts

8.1.6.1 Companies to Invest in Product Innovations in the Caramelized Nuts Segment

8.1.7 Nut Flour

8.1.7.1 Premium Range of Almond Flour to Drive the Market

9 Nut Products Market, by Nut Type

9.1 Introduction

9.1.1 COVID-19 Impact on the Nut Products Market, by Nut Type (2018-2025)

9.1.1.1 Realistic Scenario

9.1.1.2 Optimistic Scenario

9.1.1.3 Pessimistic Scenario

9.2 Almonds

9.2.1 Almonds Rank the Highest Regarding Usage in Food Industries

9.3 Hazelnuts

9.3.1 Hazelnuts Largely Preferred in North America and European Confectionery Industries

9.4 Walnuts

9.4.1 Chinese Walnuts to Have Great Demand Worldwide

9.5 Cashews

9.5.1 Asia-Pacific to Continue to be One of the Largest Consumers of Cashews

9.6 Pistachios

9.6.1 Pistachios to be Increasingly Popular in the Chinese Market

9.7 Peanuts

9.7.1 Peanut Butter to be the Majorly Consumed Nut Butter Worldwide

9.8 Macadamias

9.8.1 Macadamia Nuts to be Included in Cereals, Protein Bars, and Ice-Cream Toppings

9.9 Pecans

9.9.1 Pecans Exported from the Us & Mexico to be Accounted for 98% of the World's Total Share

9.10 Pine Nuts

9.10.1 Increase in the Mediterranean Cooking and Rise in Nutritious Food Consumption to Drive the Market

9.11 Brazil Nuts

9.11.1 Bolivia to be the Largest Producer of Brazil Nuts

10 Nut Products Market, by Application

10.1 Introduction

10.1.1 COVID-19 Impact on the Nut Products Market, by Application (2018-2025)

10.1.1.1 Realistic Scenario

10.1.1.2 Optimistic Scenario

10.1.1.3 Pessimistic Scenarios

10.2 Industrial Food Manufacturers

10.2.1 Chocolate Confectionery Products

10.2.1.1 Increasing Demand for Chocolate Confections with Almond Inclusions Drives the Market

10.2.2 Bakery Products

10.2.2.1 Almond Flour is Highly Used in the Bakery Sector

10.2.3 Ice Cream & Frozen Desserts

10.2.3.1 Ice Creams with Nut Inclusions in the Premium Range are Driving the Market

10.2.4 Cereals & Snack Bars

10.2.4.1 Nut Snack Bars to Gain Popularity in the Us as They are Considered Healthy

10.2.5 Beverages

10.2.5.1 Demand for Milk Substitutes to Create a Demand for Nut-Based Beverages

10.2.6 Savory Products

10.2.6.1 Market for Nut Inclusions in Savory Products is Building Slowly with the Increasing Demand for Protein-Rich Foods

10.3 Foodservice and Bakery

10.3.1 Bakery Shops

10.3.1.1 Traditional Delicacies Require More Nut Products

10.3.2 Foodservice

10.3.2.1 Demand for Natural Ingredients is Driving the Nut Products Market

11 Nut Products Market, by Quality

11.1 Introduction

11.1.1 COVID-19 Impact on the Nut Products Market, by Region (2018-2025)

11.1.1.1 Realistic Scenario

11.1.1.2 Optimistic Scenario

11.1.1.3 Pessimistic Scenario

11.2 Standard Nut Products

11.3 Premium Nut Products

12 Nut Products Market, by Region

12.1 Introduction

12.2 North America

12.3 Europe

12.4 Asia-Pacific

12.5 South America

12.6 Rest of the World

13 Competitive Landscape

13.1 Company Ranking, 2019

13.2 Revenue Analysis of Key Players, 2017-2019

13.3 COVID-19 Specific Company Response

13.3.1 Olam International

13.3.2 Barry Callebaut

13.4 Company Evaluation Quadrant: Definitions & Methodology

13.4.1 Stars

13.4.2 Emerging Leaders

13.4.3 Pervasive Players

13.4.4 Participant

13.4.5 Product Footprint

13.5 Product Launches, Deals & Other Developments

13.5.1 New Product Launches/ Product Innovations

13.5.2 Deals

13.5.3 Others (Expansions)

14 Company Profiles

14.1 Key Players

14.1.1 Olam International

14.1.2 Barry Callebaut

14.1.3 Blue Diamond Growers

14.1.4 Sucrest GmbH (Subsidiary of Kerry Group)

14.1.5 Zentis GmbH & Co. Kg

14.1.6 Mount Franklin Foods

14.1.7 Mandelin, Inc

14.1.8 Bazzini

14.1.9 Besana

14.1.10 Lubeca

14.1.11 Puratos

14.1.12 Lemke

14.1.13 Almendras Llopis

14.1.14 Kanegrade

14.1.15 Moll Marzipan GmbH

14.1.16 Kondima

14.1.17 Csm

14.1.18 Treehouse Almonds

14.1.19 Royal Nut Company

14.1.20 Stelliferi & Itavex S.P.A (Acquirer: Ferrero International S.A.)

15 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/96bgpn

<img class="__GNW8366DE3E__IMG" src="https://ml.globenewswire.com/release/track/b7ef2489-d123-422f-898c-381acf32c46a" referrerpolicy="no-referrer-when-downgrade" width="1" height="1" style="display:none;" /><pre>CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 </pre>

CONTACT: ResearchAndMarkets.com
         Laura Wood, Senior Press Manager
         press@researchandmarkets.com
         For E.S.T Office Hours Call 1-917-300-0470
         For U.S./CAN Toll Free Call 1-800-526-8630
         For GMT Office Hours Call +353-1-416-8900

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