According to a new market report published by Lucintel, the future of the nut ingredient market looks promising with opportunities in confectioneries, dairy products, bakery products, snacks & bars, desserts, cereals, and beverages. The global nut ingredients market is expected to grow with a CAGR of 6% from 2020 to 2025. The major drivers for this market are growing consumption of health-based packaged food and innovations among the processed food products by food manufacturers
To download report brochure, please go to https://www.lucintel.com/nut-ingredient-market.aspx and click "download brochure" tab from the menu
Nut ingredients are various nuts that are used in food to enhance the taste and nutritional values. In this market, almonds, walnuts, hazelnut, and cashews are the major types of nut ingredient. Lucintel forecasts that almonds will remain the largest type segment over the forecast period, as they have more acceptance due to enhanced taste and nutritional value.
Within this market, snacks & bars will remain the largest application segment over the forecast period due to growing population, increased disposable income, and rising westernization of social life in developing countires, like India, China and others.
North America will remain the largest region, and it is also expected to witness the highest growth over the forecast period due to the increasing snack & confectionery industry and demand for convenient and on-the-go option snack foods in this region.
Archer Daniels Midland Company, Olam International, Barry Callebaut, Kerry, and Kanegrade are among the major suppliers in the global nut ingredient market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global nut ingredient market by type, application, form and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Nut Ingredient Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global nut ingredient market by type, application, form, and region as follows:
By Type [Value ($ Million) shipment analysis for 2014 – 2025]:
Almonds
Walnuts
Hazelnuts
Cashews
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
Confectioneries
Dairy Products
Bakery Products
Snacks & Bars
Desserts
Cereals
Beverages
By Form [Value ($ Million) shipment analysis for 2014 – 2025]:
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
United Kingdom
Spain
Germany
France
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.