Nuts Market Report 2026

The nuts market size has grown strongly in recent years. It will grow from $61.51 billion in 2025 to $65.18 billion in 2026 at a compound annual growth rate (CAGR) of 6%. The growth in the historic period can be attributed to growth in health-conscious consumer behavior, expansion of global nut cultivation, increasing use of nuts in bakery and confectionery, availability of diverse nut varieties, expansion of nut-based spreads and oils.

The nuts market size is expected to see strong growth in the next few years. It will grow to $79.62 billion in 2030 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to growing demand for organic and sustainably sourced nuts, expansion of nut-based dairy alternatives, increasing focus on premium and flavored nut products, rising online retail penetration, innovation in nut processing technologies. Major trends in the forecast period include increasing demand for protein-rich snacks, rising popularity of nut-based ingredients, growing use of nuts in plant-based diets, expansion of value-added nut products, enhanced focus on traceability and quality assurance.

The rising popularity of plant-based diets is expected to propel the growth of the nuts market going forward. A plant-based diet primarily consists of foods derived from plants, including fruits, vegetables, grains, nuts, and seeds, with little to no consumption of animal products. The increasing adoption of plant-based diets is driven by growing awareness of environmental sustainability, health benefits, and ethical considerations related to animal welfare. Nuts play a significant role in supporting plant-based diets due to their versatility and rich nutritional profile, offering high levels of protein, healthy fats, and essential nutrients, making them a satisfying and nutritious alternative for plant-based consumers. For instance, in May 2025, according to a report published by the Plant Based Foods Association, a US-based food and beverage organization, U.S. retail sales of plant-based foods reached US$8.1 billion in 2024. Additionally, plant-based protein powders and liquid products recorded growth of 11% in dollar sales and 13% in unit sales, reaching a total market value of $450 million. Therefore, the rising popularity of plant-based diets is driving 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, PepsiCo Inc., Olam International Ltd, Mondelez International, Kraft Heinz Company, The J.M. Smucker Company, Blue Diamond Growers, John B. Sanfilippo & Son Inc., Diamond Foods Inc., Hampton Farms 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, Germack Pistachio Company.

Europe was the largest region in the nuts market in 2025. 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, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the nuts market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

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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