The Nuts and Seeds Market was worth around USD 1,279.5 billion in 2021 and is estimated to grow to about USD 1,724.4 billion by 2028, with a compound annual growth rate (CAGR) of approximately 5.1 percent over the forecast period.
Introduction OF Global Nuts and Seeds Market
Fruits’ intertwined constituents are nuts and seeds. Nuts are dried fruits with or without a protective shell, whereas seeds are unborn plants with a covering around them. Nuts and seeds are used to make oils and food additives, and they are favored in the diet because of their great nutritional content. Furthermore, they are employed in the production of cosmetics. Nuts and seeds provide many health benefits, including lowering bad cholesterol and lowering the risk of cardiovascular disease and diabetes. Increased usage of cashew, almond, sesame, and sunflower seeds in confectionery, bakeries, and other processed food products is also expected to be a beneficial impact. For confectionery, bakery, ready-to-eat foods, and pharmaceutical products, sesame, chia, and sunflower seeds are in high demand. These seeds are high in antioxidants and have a number of health benefits. They also aid in the prevention of cancer cell formation.
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. Nuts are utilized in a variety of confectionery items to provide taste and flavor, and this element has significantly boosted market demand. Furthermore, the availability of several sorts of seeds utilized for sapling germination has produced a noteworthy market need. Special oils are produced from high-quality seeds, which has increased market demand. In the global market for nuts and seeds, there is a significant likelihood of new and untapped growth avenues appearing. Several cuisines, including Indian, Thai, and Greek, necessitate the use of nuts and seeds in sufficient quantities. As a result, the global market for nuts and seeds is likely to increase at a rapid pace in the coming years.
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Nuts and Seeds Market: Growth Dynamics
Drivers:
Increasing demand for nuts and seeds from a variety of end-use applications in the household and food processing industries is predicted to drive revenue development in these target industries. Additionally, modest consumption of nuts and seeds lowers the risk of coronary heart disease, manages diabetes in patients, and has other health benefits. Changing living standards in established and developing nations, changing consumer lifestyles, increased awareness about the nutritional advantages of nuts and seeds, and the need for new taste preferences are some of the drivers projected to drive revenue growth in the target market. Due to their beneficial health effects, certain nuts, such as almonds and walnuts, are becoming more popular in the cosmetics sector for use in the preparation of various cosmetic formulations. This is another aspect that is expected to have a positive impact on revenue growth in this target market.
Restraints:
However, high pricing for nuts and seeds, as well as government rules and standards governing the import/export of food goods, are among the significant factors that are likely to limit the global nuts and seeds market’s growth to some extent. Moreover, the process of extraction of oil from the seeds and nuts is extremely difficult and time-consuming. Thereby fuelling the price of the seed-based oil and nuts.
List of Key Players in the Nuts and Seeds Market:
- Archer Daniel Midlands Company
- Olam International
- Sun-Maid Growers of California
- H.B.S. Foods
- Kanegrade Ltd
- Wonderful Pistachios & Almonds LLC
- Nuts.com.
Key questions answered in this report:
- What are the growth rate forecast and market size for the Nuts and Seeds Market?
- What are the key driving factors propelling the Nuts and Seeds Market forward?
- What are the most important companies in the Nuts and Seeds Market Industry?
- What segments does the Nuts and Seeds Market cover?
- How can I receive a free copy of the Nuts and Seeds Market sample report and company profiles?
Segmentation Of Global Nuts and Seeds Market:
The Nuts and Seeds Market is segregated based on Product Type, and Application.
By Product Type
- Nuts
- Seeds
By Application
- Bakery and Confectionery
- Dairy
- Industrial
- Other Applications
By Region
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
See Also –
Global Hydroponic Vegetable Market Trends, Growth, Research, Forecast By 2028
Global Smart Packaging Market Size, Share, Forecast, & Industry Analysis 2028
Global Nuts and Seeds Market predicts a rise in demand by 2022-2028
