According to a new report, published by KBV research, The Global Nuts Market size is expected to reach $77 billion by 2030, rising at a market growth of 5.5% CAGR during the forecast period.
The Offline segment is leading the Global Nuts Market by Distribution Channel in 2022 thereby, achieving a market value of $58 billion by 2030. Offline distribution channels, including physical stores and local markets, are essential to the nuts market ecosystem. They offer consumers a variety of shopping experiences and cater to a broad range of preferences and needs, complementing the convenience and accessibility provided by online channels. Consumers prefer offline channels for purchasing food products, consumer goods, groceries, and nuts, where they can physically verify product quality.
The Almonds segment is showcasing a CAGR of 5.3% during (2023 - 2030). Almonds are one of the most popular and widely consumed tree-nuts globally. Almonds are considered a superfood due to their excellent nutritional profile. They are rich in healthy fats, primarily monounsaturated fats, which benefit heart health. They are also a good source of plant-based protein, fiber, vitamins, and minerals. Almonds have been associated with various health benefits, including improved heart health, reduced inflammation, better blood sugar control, and potential weight management.
The Europe region dominated the Global Nuts Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $23.2 billion by 2030. The North America market is poised to register a CAGR of 5.4% during (2023 - 2030). Additionally, The Asia Pacific market would display a CAGR of 6.3% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/nuts-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Diamond Foods, LLC, Blue Diamond Growers, Inc., Olam Group Limited, Hines Nut Company, Germack Roasting Company, LLC, Hampton Farms, Mariani Nut Company, Durak Findik, Grower Direct Nut Company, Inc., and John B. Sanfilippo & Son, Inc.
By Distribution Channel
By Product
By Geography
Companies Profiled
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