Edible Nuts Market Size, Share, Trends, Growth 2032

Edible Nuts Industry Prospective:

The global edible nuts market size was evaluated at $90.81 billion in 2023 and is slated to hit $139.67 billion by the end of 2032 with a CAGR of nearly 4.9% between 2024 and 2032.

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Edible Nuts Market: Growth Factors

Edible nuts contain high-quality fiber, minerals, vegetable protein, oils, and vitamins, which are vital for the healthy functioning of the human body. These health benefits have made edible nuts essential for human consumption. The nutritional value provided by these nuts has augmented their market growth. The recent consumer inclination toward healthy diet is propelling the edible nuts market globally. The various health benefits of edible nuts include reduced heart diseases and gallbladder stones, stable blood pressure, and controlled metabolic syndrome.

The edible nuts market is likely to grow notably in the years ahead, owing to the in their growing use in the global food industry worldwide due to their high nutritional value. Bakery and confectionary and breakfast cereals are the major products that use edible nuts. This vast list of applications of edible nuts is also fuelling the edible nuts market globally.

Moreover, edible nuts are a healthier alternative for aged population, as the consumption of edible nuts helps in preventing diabetes, heart diseases, obesity, and allergies. The growing health consciousness will further drive the edible nuts market. The rising awareness about the benefits of nutritious edible nuts along with their easy availability on e-commerce websites and offline stores has also been aiding this market. The rise in the number working youth along with their improving living standards is another catalyst for the edible nuts market. 

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Thus, the applications of edible nuts will always fuel their demand. The nutritional value of these nuts also adds value to personal care products. The edible nuts though high in nutritional value should not be taken in excess every day, as it is tough for the liver to digest them in large quantities, which may restraint the market growth.

The study includes drivers and restraints of the edible nuts market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the edible nuts market on a global level.

In order to give the users a comprehensive view of the edible nuts market, we have included a competitive landscape and an analysis of Porter's Five Forces Model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new launch, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.

Edible Nuts Market: Segmentation

The study provides a decisive view of the edible nuts market by segmenting it based on product, form, application, and region. 

By product, the edible nuts market is fragmented into walnuts, Brazil nuts, cashew, almonds, pistachios, chestnuts, hazelnuts, and others.

The application segment includes butter and spread, bakery and confectionery, dairy products, breakfast cereals, flavored drinks, snacks, and others.

The form segment is divided into whole, powder, split, and others.

Edible Nuts Market: Report Scope

Edible Nuts Market: Regional Insights

The regional segment includes the historic and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

The Asia Pacific is among the leading regions for the edible nuts market along with being the fastest-growing market globally. Edible nuts require labor-intensive harvesting process, which is easily available in the region. Edible nuts are readily used in most of the regional dishes, especially desserts, and have easy adaptability to a broad range of regional recipes. People’s inclination in the region toward a healthy diet is also fuelling the Asia Pacific edible nuts market.

Edible Nuts Market: Competitive Space

The global edible nuts market profiles key players such as:

• Diamond Foods
• Olam International
• Waterford Nut
• Farm Breeze International
• Just Almonds
• Blue Diamond Growers
• Mariani Nut
• Select Harvests
• Global Nut
• Archer Daniels.

This report segments the global edible nuts market as follows:

By Product Analysis

• Cashews
• Walnuts
• Almonds
• Chestnuts
• Pistachios
• Hazelnuts
• Brazil Nuts
• Others

By Application Analysis

• Bakery and Confectionery
• Flavored Drinks
• Breakfast Cereals
• Snacks
• Butter and Spread
• Dairy Products
• Others

By Form Analysis

• Whole
• Powder
• Split
• Others

By Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa