Nuts Market Report 2025

This Nuts market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.

The nuts market size has grown strongly in recent years. It will grow from $58.33 billion in 2024 to $62.13 billion in 2025 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to increased awareness of health benefits associated with nuts consumption, increased demand for plant-based protein sources, rise in popularity of snacking culture, changes in dietary preferences towards natural and wholesome foods, and emergence of nut-based alternatives in food products.

The nuts market size is expected to see strong growth in the next few years. It will grow to $79 billion in 2029 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to climate change impacting nut production and distribution patterns, shifting consumer preferences towards organic and sustainably sourced nuts, changing demographics and urbanization influencing nut consumption, increasing adoption of nut-based products in the food and beverage industry, and integration of nuts into functional foods and nutraceuticals. Major trends in the forecast period include the emergence of innovative nut snacks and trail mixes, demand for premium and gourmet nut products, development of fortified nut products with added health benefits, integration of nuts into non-food sectors such as cosmetics and personal care, and increasing use of nuts in plant-based meat substitutes and dairy alternatives.

The growing popularity of plant-based diets is expected to drive the growth of the nuts market in the future. A plant-based diet primarily includes foods from plants, such as fruits, vegetables, grains, nuts, and seeds, with little to no consumption of animal products. This rise in plant-based diets is largely due to increased awareness of environmental sustainability, health benefits, and ethical concerns related to animal welfare. Nuts play a significant role in the popularity of plant-based diets due to their versatility, serving as a rich source of protein, healthy fats, and essential nutrients, making them a satisfying and nutritious choice for those seeking plant-based alternatives. For example, in May 2023, the Plant Based Foods Association, a US-based food and beverage organization, reported that plant-based food sales grew by 6.6% in 2022, up from 5.9% in 2021, with a 10% increase in average retail prices. As a result, the growing popularity of plant-based diets is fueling the growth of the nuts market.

Major players in the nuts market are intensifying their efforts to develop innovative products such as flavored snack nuts to gain a competitive advantage. Flavored snack nuts are nuts seasoned, coated, or infused with various flavors to enhance their taste and appeal as snacks. For instance, in April 2024, PLANTERS, a US-based snack food company under Hormel Foods Corporation, launched PLANTERS Nut Duos Snacks, offering unique combinations of two nut types and flavors for a diverse snacking experience. The product is crafted to provide the optimal snacking experience with two complimentary flavors on two types of nuts, suitable for various occasions. The launch of this innovative product represents a significant advancement in the nuts market, catering to evolving consumer preferences and reinforcing the PLANTERS brand's leadership position.

In May 2023, Flagstone Foods, a US-based provider of private-label healthy snacks, acquired Emerald Nuts from Campbell Soup Company for an undisclosed amount. This acquisition reflects a strategic shift towards independent branding, leveraging consumer insights for product development, job creation, market expansion, and enhanced competitiveness within the nuts market. Emerald Nuts is a US-based producer of snack nuts and trail mixes.

Major companies operating in the nuts market are Cargill Incorporated, Nestle S.A., Archer Daniels Midland Company, BASF SE, PepsiCo Inc., Olam International Ltd, Mondelez International, Kraft Heinz Company, Dupont danisco, The J.M. Smucker Company, Nutreco, Novozymes AS, Blue Diamond Growers, Chr. Hansen Holding AS, John B. Sanfilippo & Son Inc., Diamond Foods Inc., Hampton Farms Inc., Novus International Inc., Borges Agricultural & Industrial Nuts, Tropical Foods Company Inc., Nutiva, Mariani Nut Company, Tierra Farm Inc., Star Snacks, Hines Nut Company, Royal Nut Company, Waterford Nut Company, WeAreBio, Germack Pistachio Company.

Europe was the largest region in the nuts market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the nuts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the nuts market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Nuts are the hard-shelled, edible seeds of certain plants, often packed with healthy fats, protein, and essential nutrients. They can be consumed raw, roasted, or used as ingredients in a wide range of culinary creations, snacks, desserts, and nut butter, providing a valuable source of protein, healthy fats, and dietary fiber. Nuts present a versatile and nutrient-dense food choice that can be incorporated into diverse dishes as part of a healthy and well-rounded diet.

The primary varieties of nut products include almonds, peanuts, cashews, walnuts, hazelnuts, and pistachios. These products are distributed through various channels such as retail stores, supermarkets or hypermarkets, specialty food and beverage outlets, traditional grocery stores, franchise establishments, and online retail platforms. They find applications in a multitude of sectors including snack foods, bakery and confectionery, cereals and granola bars, nutritional and health products, cooking and culinary uses, nut-based dairy alternatives, cosmetics and personal care items, and industrial applications.

The nuts market research report is one of a series of new reports that provides nuts market statistics, including nuts industry global market size, regional shares, competitors with a nuts market share, detailed nuts market segments, market trends and opportunities, and any further data you may need to thrive in the nuts industry. This nuts market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The nuts market consists of sales of macadamia nuts, Brazil nuts, pecans, nut flour, nut oils, pine nuts, and mixed nuts. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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