Consumers are increasingly seeking healthy, nutritious food options and the rising awareness about the health benefits of nuts is driving growth in the market. Patients with cardiovascular disorders and diabetes are also advised to consume nuts for better management of their medical condition.

Request Your Sample Report Today: https://www.futuremarketinsights.com/reports/sample/rep-gb-18449

The on-the-go snacking trend is further fueling the consumption of nuts as they are considered portable healthy snacks. The use of nuts in different dishes like trail mixes, salads, and baked goods is also stimulating product sales. Nuts are used to enrich the flavor as well as the nutrition profile of these preparations for various applications.

The hectic lifestyles of consumers have made nuts a popular choice. Nuts are rich in minerals, vitamins, antioxidants, etc., and fulfill the dietary requirements of individuals. The increasing discretionary incomes of consumers are positively influencing sales of nuts. This can be attributed to a heightened willingness among consumers to spend money on healthier and premium food options.

The rising availability of nuts across eCommerce channels and offline stores is a vital factor driving market growth. Key players offer nuts in different forms like chopped nuts, whole nuts, nut butter, and ground nuts. The appetite for multiple varieties of nuts is rising on account of the soaring popularity of plant-based diets. Vegans and vegetarians invest in nuts to increase their protein intake.

Key Takeaways from the Nuts Market Report:

• The Italy nuts market is projected to expand at a CAGR of 5.4% through 2034.
• The markets in Spain and Germany are anticipated to register CAGRs of 4.9% and 4%, respectively, through 2034.
• The United States market is forecasted to rise at a CAGR of 3.6% through 2034.
• The China nuts market is projected to expand at a CAGR of 2.9% over the forecast period.
• Peanuts, as per the latest estimates, is forecasted to acquire a share of 28% in 2024.
• The food processing segment is expected to obtain a share of 32% in 2024.

 Top Tactics Adopted by Market Players to Gain Higher Profits:

Key players are positioning themselves for higher growth by providing high-quality nuts at competitive prices. Additionally, they are working on research and development activities and following strict quality measures to level up their offerings. Additionally, players are focusing on customer service and loyalty programs to retain their present customers.

Marketing campaigns to promote nut offerings are further expected to push market growth. Players are launching new flavor combinations to expand their market reach.

Recent Developments in the Nuts Market:

• In September 2023, John B. Sanfilippo & Son, Inc. acquired snack bar assets from Treehouse Foods for US$ 63 million. Since snacking is projected to dominate American diets, the business is projected to thrive over the next decade.
• In June 2021, The Kraft Heinz Company revealed that it had sold its nuts business to Hormel Foods Corporation for a total of US$ 3.35 billion.

Key Players Operating in the Nuts Market:

• Diamond Foods, Inc.
• John B. Sanfilippo and Son
• Kraft Foods Inc.
• Olam International Ltd
• Borges Agricultural and Industrial Nuts
• Hines Nut Company
• Mariani Nut Company
• WeAreBio
• Germack Pistachio Company
• Hampton Farms, Inc.
• Star Snacks Co., LLC
• Fresh Nuts GmbH
• Tropical Foods
• Durak Findik
• Grower Direct Nut Co. Ltd.
• Others

Maximize Growth Potential Grab Your Report Today: https://www.futuremarketinsights.com/checkout/18449

Key Segments in the Global Nuts Market:

By Nut Type:

• Peanut
• Almond
• Walnut
• Cashew
• Hazelnut
• Pistachio
• Brazil Nuts
• Chestnut
• Pecan
• Macadamia Nuts
• Pine Nuts

By Product Type:

• Shelled Nut
• Powder
• Splits (Slice or Dice)
• Paste

By End-use/End-use Industry:

• Food Processing
• Bakery and Confectionery
• Breakfast Solutions
• Bars and Snacks
• Butter and Spreads
• Dairy and Desserts
• Beverages Processing
• Food Service/HoReCa (hotels, restaurants, café)

By Distribution Channel:

• Retail Sales
• Supermarkets/Hypermarkets
• Conventional Stores
• Food and Drink Specialty Stores
• Traditional Grocery Stores
• Franchise Outlets
• Online Retail

By Region:

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube