Nuts And Seeds Market Size, Share, Growth Analysis, By Product Type(Nuts, Seeds), By Application(Bakery, Confectionery, Beverages, Cereals), By Region - Industry Forecast 2024-2031

Global Nuts And Seeds Market size was valued at USD 1345.81 billion in 2022 and is poised to grow from USD 1368.69 billion in 2023 to USD 1566.29 billion by 2031, growing at a CAGR of 1.7% in the forecast period (2024-2031).

There are a few worldwide players that are acting in larger part of the nations and a developing number of more modest players in the provincial level, who are offering moderate quality items in a reasonable scope of costs. Due to the presence of major regional and domestic companies in several nations, the market for nuts and seeds is competitive. The emphasis is placed on new product development, merger, expansion, acquisition, and partnership of the companies as strategic tactics used by the top companies to increase their brand presence among customers. The major players in the market are Blue Diamond Growers Inc. (US), Bayer Crop (Germany), Science AG.(Switzerland), Richardson International Limited (Canada), McCormick and Company Inc.(US), Syngenta A.G. (Switzerland), Aldrin Bros (California), Almonds (US), Big Tree Organic Farms, (US), Cargill Incorporated (US), Diamond Foods Incorporated, (US), Archer Daniels Midland Company (US) and many others. 'Archer Daniels Midland Company', 'Olam International Limited', 'Blue Diamond Growers', 'Diamond Foods, LLC', 'Mariani Nut Company', 'Select Harvests Limited', 'The Wonderful Company LLC', 'Sincerely Nuts Inc.', 'John B. Sanfilippo & Son, Inc.', 'Sun-Maid Growers of California', 'Golden Peanut and Tree Nuts', 'H.B.S. Foods Ltd.', 'Kerry Group', 'Hampton Farms', 'Bergin Fruit and Nut Company, Inc.', 'Borges International Group S.L.U.', 'Besana Group', 'Treehouse Foods, Inc.', 'Bates Nut Farm', 'Tierra Farm, Inc.'

The global demand for different varieties of nuts and seeds is being driven by consumers' increasing awareness of the nutritional and health benefits connected with them. Packaging guarantees high quality, expedites product processing, and lengthens product shelf life. Additionally, it must provide clients with products that are high-quality, fresh, and hygienic. During the projection period, the global market for nuts and seeds has grown as a result of rising health consciousness. The global market for nuts and seeds is being driven by awareness of the health advantages of these foods.

Some of the factors anticipated to contribute to revenue growth in the target market are shifting consumer lifestyles, rising awareness of the nutritional benefits of nuts and seeds, and the requirement for new taste preferences.

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.