Nuts Market By Product Type (Tree Nuts { Almonds, Cashews, Walnuts, Others}, Groundnuts {Peanuts, Others}, Specialty Nuts { Brazil Nuts, Pine Nuts} ), By Form (Whole, Plain, Roasted, Salted, Powder, Others), By Application (Food Processing, Chocolate Confectionery Products, Bakery Products, Ice Cream, Frozen Desserts, Cereals Bars, Others), By Distribution channel (Store-Based Retailing, Hypermarkets / Supermarkets, Convenience Stores, Specialty Stores, Online Retail), and By End-user (Food Service Industry, Household), Global Market Size, Segmental analysis, Regional Overview, Company share analysis, Leading Company Profiles And Market Forecast, 2025 – 2035

Published Date: Jan 2025 | Report ID: MI1891 | 220 Pages

Industry Outlook

The Nuts market accounted for USD 62.35 Billion in 2024 and is expected to reach USD 113.5 Billion by 2035, growing at a CAGR of around 5.6% between 2025 and 2035. The nuts market refers to the global trade and consumption of edible nuts, including almonds, cashews, walnuts, hazelnuts, pistachios, and peanuts, among others.  The market demand for nutritious snacks made from nuts has increased because nuts contain proteins along with vitamins minerals and beneficial fats and maintain their natural state.

The market spans all steps between nut cultivation to final packaging and its delivery as snacks or ingredients for food making. The market consists of retail operations combined with wholesale distribution and industrial supply which serves industries spanning confectionery to bakery to beverage production. The market growth depends on rising health awareness together with dietary trends and recent innovations in nut-based products.

Report Scope:

ParameterDetails
Largest MarketAsia Pacific
Fastest Growing MarketMEA
Base Year2024
Market Size in 2024USD 62.35 Billion
CAGR (2025-2035)5.6%
Forecast Years2025-2035
Historical Data2018-2024
Market Size in 2035USD 113.5 Billion
Countries CoveredU.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, Switzerland, Sweden, Finland, Netherlands, Poland, Russia, China, India, Australia, Japan, South Korea, Singapore, Indonesia, Malaysia, Philippines, Brazil, Argentina, GCC Countries, and South Africa
What We CoverMarket growth drivers, restraints, opportunities, Porter’s five forces analysis, PESTLE analysis, value chain analysis, regulatory landscape, pricing analysis by segments and region, company market share analysis, and 10 companies
Segments CoveredProduct Type, Form, Application, Distribution channel, End-user and Region

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Market Dynamics

Increased demand for nutrient-rich foods like almonds, walnuts, and cashews due to their health benefits.

The nuts market has seen significant growth due to the increasing consumer demand for nutrient-rich foods, especially almonds, walnuts, and cashews, which are known for their health benefits. These nutritious pods contain proteins healthy fats and vitamins and minerals that help maintain heart health together with weight management and general wellness. Functional foods enjoy increased demand from consumers who make lifestyle choices toward better health. The increasing popularity of these nuts stems from growing knowledge about diet's ability to prevent conditions like diabetes obesity and heart diseases. The Food and Agriculture Organization (FAO) indicates that almond production worldwide has witnessed a 50% expansion during the last ten years because these foods rich in nutrients have gained significant popularity. The market demand continues to increase primarily from demographic preferences toward plant-based diets and growing disposable incomes notably within emerging economies.

Growing preference for plant-based diets has boosted the demand for nut-based products like milk, butter, and protein bars.

A key factor influencing the growth of the nuts market is the rising demand for nut-based products like milk, butter, and protein bars, driven by a growing preference for plant-based diets. People who prioritize their health choose nut-based products over dairy and traditional meat options because these nuts offer a wealth of essential nutrients like beneficial fats and proteins together with vitamins. People who adopt plant-based diets increasingly opt for them because they realize plant diets help reduce their environmental impacts through decreased carbon emissions and sustainable agricultural methods.

The Food and Agriculture Organization of the United Nations (FAO) shows in a report that plant-based consumption is ascending along with predictions for global nut production increase based on rising demand for substitution dairy and meat products. The shift to plant-based diets continues to grow rapidly within developed economies because it is making its way into the main consumer market.

Nuts are premium products, making them less affordable for price-sensitive consumers in emerging markets.

The nuts market faces several restraints, particularly due to the high cost of production and distribution, making them less affordable for price-sensitive consumers, especially in emerging markets. Nuts remain elite goods due to production expenses from farming through distribution, preventing many developing economies' residents from purchasing them. Existing supply and climate patterns and geopolitical events create production disruptions resulting in market price volatility.

The price's delicate nature shapes the market size limitations when directed toward low-income communities. Reports from the Food and Agriculture Organization (FAO) show that production costs for nuts have increased across the board during recent years thus further increasing their market accessibility problems. The nuts market faces limitations from current economic conditions and consumer buying power acquisition capability in developing marketplaces.

Development of nut-based alternatives like spreads, dairy-free milk, and flavoureds for niche markets.          

The global nuts market presents significant opportunities due to the growing demand for healthy and plant-based alternatives. Nut-derived product innovation continues to grow because consumers want both healthy products and sustainable alternatives for dairy spreads and flavored dairy-free milk options and snacks. Products manufactured from nuts serve exclusive market segments which contain individuals limited by dietary requirements including lactose intolerance and people who avoid gluten or are vegan. Plant-based food producers are finding great success with nut-based dairy substitutes, especially among the popularity of almond and cashew milk.

 The market has shown increasing interest in flavored nuts which provide consumers with new and creative snack choices. The National Institute of Agricultural Economics and Policy Research (India) reports that nut demand expanded significantly during the last decade because people learned about their health benefits and nutritional flexibility. Industry analysts project that the global nuts business will experience sustained growth because of this continuing consumer preference pattern.

Expanding online platforms provide opportunities for direct-to-consumer sales and subscription models for nuts.

The nuts market is experiencing significant growth due to increasing consumer awareness of their health benefits, such as being rich in protein, fiber, and healthy fats.  The combination of e-commerce together with digital platforms enables brands to sell directly to customers through personalized engagements that feature subscription services and custom nut-based product solutions.

The trends facilitate stronger market reach primarily in territories that had minimal nut purchases when these patterns emerged. The rising preference for plant-based meals alongside natural snacks creates an expanding market for nuts. The Food and Agriculture Organization (FAO) reports rising global nut demand has led to major export volume growth in the last ten years thus indicating positive future expansion predictions for this industry.

Industry Experts Opinion

"Roasted areca nut is being imported as a value-added product, bypassing customs duty and entering the market under misclassified categories. This malpractice distorts market dynamics, keeps prices stagnant despite supply shortages, and undermines the efforts of Indian growers.”

- Kishor Kumar Kodgi, Campo President

Segment Analysis

Based on the product type, the market of Nuts has been classified into tree nuts, Groundnuts, and Specialty Nuts. The Nuts market is further segmented by tree nuts product type Almonds, Cashews, Walnuts, and Others. Based on the groundnut nuts market is further classified as Peanuts and others. Based on the Specialty Nuts market is further classified as Brazil Nuts and Pine Nuts. Among the various segments in the nuts market, Tree Nuts are the most significant and prominent.

 

The market gets its dominant share from tree nuts including almonds cashews and walnuts due to their universal usage in food products and health-oriented consumables and snacks. Almonds stand as a top priority due to their health-promoting qualities which establish them as essential elements in wellness food products. As demands for plant-based proteins and natural food ingredients expand consistently consumers embrace tree nuts in a global trend which makes them the essential force moving the nuts market forward.

Based on the form type, the market of Nuts has been classified into three Whole, Plain, Roasted, Salted, Powder, and Split. In the nuts market, the whole Nuts segment leads as the largest and most dominant segment. Whole nuts maintain their complete nutritional value while preserving their original flavors while keeping their textures intact. This is why people strongly favor them in their natural state.

Consumers focused on health now prefer whole nuts for their natural advantages in food preparation through baking and cooking and their uses during snacking. The natural state of whole nuts extends their durability thus making them suitable for retail buyers and bulk markets alike. The market success of whole nuts increases because they satisfy different dietary needs including organic and gluten-free requirements.

Regional Analysis

The nuts market in the Asia Pacific region shows enthusiastic growth because consumers increasingly choose healthy snacks and seek out the nutritional advantages nuts offer. The consumption of almonds cashews and walnuts is growing substantially in India China and Japan because of rising household earnings along with evolving food preferences towards plant foods. Industries behind organized retail teamed up with the expanding online shopping sector to increase nuts' consumer reach. The market continues to expand because innovative packaging methods combine with the release of flavorful nut products. Research indicates that market growth will persist because the vegan and vegetarian population rise together with natural organic product demand will drive this expansion. Market participants face persistent risks from changing price levels because of weather conditions and supply chain interruptions.

The Middle East and Africa (MEA) nuts market has been witnessing steady growth, driven by increasing consumer demand for healthy and protein-rich snacks. The combination of increased health awareness and increasing adoption of plant protein diets has made nuts like almonds cashews and walnuts more popular to consumers. Traditional sweets and snacks from Middle Eastern countries together with their diverse culinary culture serve to create a strong demand for nuts across various consumption forms. Modern retail platforms alongside e-commerce systems expanded the distribution of premium organic nuts together with other varieties. Nuts have gained popularity because consumers increasingly understand their health impacts on heart wellness and adherence to nutrition and weight goals. Despite remaining obstacles in the form of high nut costs and erratic climatic factors suppliers and manufacturers actively collaborate on market expansion through product development and innovative packaging improvements.

 Competitive Landscape

Key players in the global nuts market include Blue Diamond Growers together with Olam International as well as ADM with Wonderful Pistachios & Almonds and Select Harvests Limited. The market control of nuts arises from these firms' full-cycle operations within the almond and pistachio and cashew and walnut domains. Blue Diamond Growers extended its presence in emerging markets by expanding almond production while establishing alliances to enlarge its international operations. Maintenance of sustainable and innovative practices fuels Olam International's product development which includes traceable and responsibly sourced products. ADM has responded to growing consumer needs for healthful plant-based snacks by expanding its snack product range. Competition within the market sector continues as consumers demand sustainable and healthful nut-based items with superior quality.

Nuts Market, Company Shares Analysis, 2024

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Recent Developments:

  • In July 2023, IGA’s Exclusive Brands launched a new line of snack nut varieties that include cashews, peanuts, almonds, and mixed nuts.
  • In November 2022, Blue Diamond Almonds introduced two new limited-edition flavors of almonds: "Blue Diamond Peppermint Cocoa Flavored Almonds” and "Blue Diamond Snickerdoodle Flavored Almonds".
  • In June 2022, Blue Diamond Almonds launched four more new flavors of almonds: Mash-Ups, Mash Ups Dark Chocolate and Chili Pepper Almonds, Elote - Mexican-Style Street Corn Almonds, and Korean BBQ Almonds.

Report Coverage:

By Product Type

  • Tree Nuts
    • Almonds
    • Cashews
    • Walnuts
    • others
  • Groundnuts
    •  Peanuts
    • Others
  • Specialty Nuts
    • Brazil Nuts
    • Pine Nuts

By Form

  • Whole
  • Plain
  • Roasted
  • Salted
  • Powder
  • Others

By Application

  • Food Processing
  • Chocolate Confectionery Products
  • Bakery Products
  • Ice Cream
  • Frozen Desserts
  • Cereals Bars
  • Others

By Distribution channel

  • Store-Based Retailing
  • Hypermarkets /Supermarket
  • Convenience Stores
  • Specialty Stores
  • Online Retail

By End-user

  • Foodservice industry
  • Household
  • Others

By Region

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • France
  • Germany
  • Italy
  • Spain
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Singapore
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America

Middle East & Africa

  • GCC Countries
  • South Africa
  • Rest of the Middle East & Africa

List of Companies:

  • Blue Diamond Growers
  • Olam International
  • Archer Daniels Midland (ADM)
  • Wonderful Pistachios & Almonds
  • Mariani Nut Company
  • Borges Agricultural & Industrial Nuts
  • Kraft Heinz Company
  • Sun Valley Nut
  • Select Harvests Limited
  • Nestlé S.A.
  • Terri Lynn Inc.
  • Planters (Hormel Foods)
  • Royal Nut Company
  • Barry Callebaut AG
  • Lorenzo Group

Frequently Asked Questions (FAQs)

The Nuts market accounted for USD 62.35 Billion in 2024 and is expected to reach USD 113.5 Billion by 2035, growing at a CAGR of around 5.6% between 2025 and 2035.

Key growth opportunities in the nuts market include Development of nut-based alternatives like spreads, dairy-free milk, and flavored nuts for niche markets, expanding online platforms offering opportunities for direct-to-consumer sales and subscription models for nuts, launching organic or sustainably sourced nut products to attract eco-conscious consumers.

The largest segments in the nuts market are tree nuts, including almonds, cashews, and walnuts, along with the retail distribution channel. The fastest-growing segments are plant-based beverages like almond and cashew milk, organic/non-GMO nuts, and the online distribution channel, which continues to see rapid growth due to increased consumer demand for convenience and specialty products.

The North American region, particularly the United States, will make a notable contribution to the global nuts market due to its high consumption of almonds, peanuts, and cashews, as well as the growing demand for healthy snacks and plant-based products.

The leading players in the global nuts market include Blue Diamond Growers, Olam International, ADM, Wonderful Pistachios & Almonds, Select Harvests Limited, Mariani Nut Company, Borges Agricultural & Industrial Nuts, Kraft Heinz Company, and Planters (Hormel Foods). These companies are key producers and distributors of various types of nuts worldwide.

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