Tree Nut Trends and Forecast
The future of the global tree nut market looks promising with opportunities in the direct consumption/culinary purpose, bakery & confectionery, breakfast cereal, snack, flavored drink, butter & spread, and dairy product markets. The global tree nut market is expected to reach an estimated $90.8 billion by 2030 with a CAGR of 8.4% from 2024 to 2030. The major drivers for this market are growing preference for whole nuts, increasing demand for natural and nutritious snacks, and expanding consumer inclination towards healthier diets.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Tree Nut by Segment
The study includes a forecast for the global tree nut by product type, form, distribution channel, application, and region.
Tree Nut Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Almonds
• Cashews
• Walnuts
• Pistachios
• Hazelnuts
• Chestnuts
• Brazil Nuts
• Others
Tree Nut Market by Form [Shipment Analysis by Value from 2018 to 2030]:
• Whole
• Split
• Others
Tree Nut Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:
• Online
• Offline
Tree Nut Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Direct Consumption/Culinary Purpose
• Bakery & Confectionery
• Breakfast Cereals
• Snacks
• Flavored Drinks
• Butter & Spreads
• Dairy Products
• Others
Tree Nut Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Tree Nut Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies tree nut companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the tree nut companies profiled in this report include-
• Archer-Daniels-Midland
• Blue Diamond Growers
• CG Hacking & Sons
• Diamond Foods
• Kanegrade
• Mariani Nut Company
• Montagu Snacks
• Olam
• Select Harvests
• Sun Valley
Tree Nut Market Insights
Lucintel forecasts that almond will remain the largest segment over the forecast period due to their extensive use in a wide range of food items, snacks, and dietary choices.
Within this market, bakery & confectionary will remain the largest segment due to rising usage of nuts in this application for flavor and texture of baked goods and confectionery products given to their versatility and ability to add crunch and richness.
Europe will remain the largest region over the forecast period.
Features of the Global Tree Nut Market
Market Size Estimates: Tree nut market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Tree nut market size by various segments, such as by product type, form, distribution channel, application, and region in terms of value ($B).
Regional Analysis: Tree nut market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, forms, distribution channels, applications, and regions for the tree nut market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the tree nut market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the tree nut market size?
Answer: The global tree nut market is expected to reach an estimated $90.8 billion by 2030.
Q2. What is the growth forecast for tree nut market?
Answer: The global tree nut market is expected to grow with a CAGR of 8.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the tree nut market?
Answer: The major drivers for this market are growing preference for whole nuts, increasing demand for natural and nutritious snacks, and expanding consumer inclination towards healthier diets.
Q4. What are the major segments for tree nut market?
Answer: The future of the tree nut market looks promising with opportunities in the direct consumption/culinary purpose, bakery & confectionery, breakfast cereal, snack, flavored drink, butter & spread, and dairy product markets.
Q5. Who are the key tree nut market companies?
Answer: Some of the key tree nut companies are as follows:
• Archer-Daniels-Midland
• Blue Diamond Growers
• CG Hacking & Sons
• Diamond Foods
• Kanegrade
• Mariani Nut Company
• Montagu Snacks
• Olam
• Select Harvests
• Sun Valley
Q6. Which tree nut market segment will be the largest in future?
Answer: Lucintel forecasts that almond will remain the largest segment over the forecast period due to their extensive use in a wide range of food items, snacks, and dietary choices.
Q7. In tree nut market, which region is expected to be the largest in next 5 years?
Answer: Europe will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the tree nut market by product type (almonds, cashews, walnuts, pistachios, hazelnuts, chestnuts, Brazil nuts, and others), form (whole, split, and others), distribution channel (online and offline), application (direct consumption/culinary purpose, bakery & confectionery, breakfast cereals, snacks, flavored drinks, butter & spreads, dairy products, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Tree Nut Market, Tree Nut Market Size, Tree Nut Market Growth, Tree Nut Market Analysis, Tree Nut Market Report, Tree Nut Market Share, Tree Nut Market Trends, Tree Nut Market Forecast, Tree Nut Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.