头图

SIAL China|Nuts Market Analysis

2024.03.28

According to SIAL China, nuts Market size was valued at USD 54.8 billion in 2022 and is estimated to witness 5.2% CAGR from 2023 to 2032. The rising health consciousness among consumers is a significant driver of revenue growth in the market. As people become increasingly aware of the nutritional advantages of nuts, such as their fiber, high protein, and healthy fat content, as well as minerals, vitamins, and antioxidants, they are incorporating nuts into their meals as a a nutritious and convenient snack choice.

Nuts have been linked to improved weight control, heart health, and general well-being, which is aligned with the health-conscious lifestyles. This trend has raised demand for a wide range ( of nuts and nut-based products, increasing the nuts market's revenue growth. Nuts are becoming widely recognized as a convenient and nutritious snack choice that is high in protein, vitamins, good fats, and minerals. Nuts are popular because they help custo mers achieve their goals for weight loss and heart health.

The availability of substitute snacks and nutritional options severely limits the growth of the nuts market's revenue. The need for more diverse and healthful snack alternatives, such as plant-based snacks, dried fruits, and other options high in protein, is putting pressure on the market. The market's potential for expansion may also be further constrained by consumer concerns about allergens and price sensitivity.

The market for nuts is still expanding rapidly, owing to the rising need for natural and nutritious snack options. Nuts are becoming more popular among consumers as a convenient and high-protein substitute for common snacks. This trend has been further encouraged by increasing awareness of the nutritional advantages, particularly those of heart-healthy fats and antioxidants. In addition, the popularity of vegan and plant-based diets has fueled market demand as nuts have been used in a variety of dairy and meat substitutes.

The nuts market from almonds segment held over USD 15.06 billion revenue in 2022. Almonds are excessive in nutrients, fiber, protein, and minerals. They're also low in calories and carbs. Almonds are related to several fitness benefits, inclusive of stroke, a lower threat of coronary heart disease, and type 2 diabetes. A Almonds are a quick and easy snack to take on the run. They are also shelf-stable, which means they may be kept for long periods o ftime.

The whole nuts market accounted for 56.2% of revenue share in 2022. The most common kind of nuts are whole nuts. Because they have undergone less processing and contain more nutrien nts, whole nuts are the healthiest type of nut. Additionally adaptable, whole nuts may be consumed on their own, as an ingredient in meals and snacks, or in baking and cooking.

The nuts market from snack foods segment is anticipated to grow at 6.1% CAGR through 2032. In the upcoming years, it's expected that nuts will gain in popularity as a snack item. The genera public's increasing awareness of nuts' health advantages, the need for quick, nutritious snacks, and the fact that nuts have beer utilized to prepare a range of snack food meals are all contributing reasons. Due to their convenience and health advantages, nu uts are a preferred snack item.

U.S. nuts market size dominated around USD 23.83 billion in 2022, driven by rising disposable incomes and increased awareness of the health advantages of nuts. In North America, almonds, walnuts, and peanuts are the most widely consumed nuts. North American customers are becoming more health-conscious a nd are looking for healthy snack options.

SIAL China believes that growing interest in plant-based diets and the perception of nuts as a natural, healthful source of protein have further enhanced their popularity. As consumers prioritize healthier snackin ng options, demand for nuts in the North American market is likely to remain high, with a rising emphasis on product diversification, premium and organic offerings, and sustainable sourcing to match evolving consumer preferences.

Asia's Largest Food and Beverage Trade Fair

5,000+ Exhibitors From   70+ Countries & Regions
350,000 Exhibits   10 Forums   9 Events & Competitions

Onsite Tickets Will Be Priced At USD30