According to a market report by Lucintel, the future of the nut market in the US looks promising with opportunities in the household/retail, food service sector, café, catering, and other markets. The major drivers for this market are increasing consumer awareness for maintaining healthy lifestyles and rising disposable income.
In this market, almonds, cashew nuts, hazelnuts, peanuts, pistachios, walnuts, and others are the major product types. Almond product is expected to remain the largest segment over the forecast period due to surge in consumer demand, increasing demand from food service sectors, and rising preference towards almond milk.
Within the nut market, the household/retail segment is expected to witness the highest growth over the forecast period due to increased consumption of nuts in bakery and confectionary items and rising product innovation by major manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the nut market in the US by product type, form, and application and has compiled a comprehensive research report titled “Growth Opportunities for the Nut Market in the US 2021-2026: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the nuts market in the US by product type, form, and application as follows:
By Product Type [$ Million Shipment Analysis from 2015 to 2026]:
Almonds
Cashew Nuts
Hazelnuts
Peanuts
Pistachios
Walnuts
Others
By Form [$ Million Shipment Analysis from 2015 to 2026]:
Whole
Powder
Split
Others
By Application [$ Million Shipment Analysis from 2015 to 2026]:
Household/Retail
Food Service Sector
Café
Catering
Others
A more than 50 pages 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 click on this link…… or 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.