Report ID: SQMIG30I2148
Report ID:
SQMIG30I2148 |
Region:
Global |
Published Date: October, 2024
Pages:
165
|
Tables:
66 |
Figures:
75
Geographically, the global nuts and seeds market has been divided into North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa. With a 57.8 percent revenue share in 2021, North America held the greatest market share for packaged nuts and seeds. As a result of the presence of numerous bakeries and confectionery production facilities in the United States, the region has increased its consumption of nuts and seeds. The most product releases have occurred in North America in recent years. As an illustration, the Almond Board of California (ABC) started a project called Accelerated Innovation Management (AIM). This creative strategic move aimed to boost the almond industry's productivity and sustainability. During the anticipated time frame, these measures will fuel product growth.
The Asia-Pacific region is anticipated to grow at a compound annual rate of 7.1% from 2022 to 2028, making it a very profitable market. The expansion is mostly linked to customers' evolving preferences for foods with high nutritional value in emerging economies like China and India, as well as to rising awareness of organic products.
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Report ID: SQMIG30I2148