Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1,279.5 Billion | USD 1,724.4 Billion | 5.1% | 2021 |
FrequentlyAsked Questions
The ever-expanding food and beverage business has increased demand in the worldwide nuts and seeds market. The usage of nuts and seeds is not limited to the food industry; a number of different items are made by combining seeds, nuts, and fruits. As a result, there is no doubt that the worldwide market for nuts and seeds will grow at a breakneck pace.
According to the Market Research report, the Nuts and Seeds Market size was worth about 1,279.5 (USD billion) in 2021 and is predicted to grow to around 1,724.4 (USD billion) by 2028, with a compound annual growth rate (CAGR) of around 5.1 percent.
North America had the largest packaged nuts and seeds market share in terms of revenue. The presence of critical processed food producers, as well as increased innovation in the incorporation of nuts and seeds and food processing technologies, are expected to promote the expansion of nuts and seeds in North America.
Some of the main competitors dominating the Nuts and Seeds Market include - Archer Daniel Midlands Company, Olam International, Sun-Maid Growers of California, H.B.S. Foods, Kanegrade Ltd, Wonderful Pistachios & Almonds LLC, Nuts.com.
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