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Global Nut Market to Crack Open $87.75 Billion by 2030, Driven by Health and Convenience Trends
The global nut market is shelling out good news, with a projected value of $87.75 billion by 2030. This translates to a compound annual growth rate (CAGR) of 5.5% over the next six years, according to a new report by Maximize Market Research, a leading global market research firm.
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Market Overview
The report offers valuable insights into the nut industry, including key business trends, market sizing by region, product type, and application, with a forecast extending to 2030. The APAC region, particularly, is expected to be a fertile ground for nut producers and component manufacturers in the coming decade. Notably, the market has bounced back well from the impact of COVID-19 lockdowns and is experiencing a positive trend despite economic challenges.
Market Scope
This comprehensive report empowers businesses with the latest information on current market trends, regional breakdowns, key drivers and restraints impacting growth, the competitive landscape, and future development prospects. It equips companies with the latest market statistics, future size and trends, and emerging developments, allowing them to identify high-growth opportunities within the nut market.
Market Segmentation
The nut market is segmented based on several key factors, including:
- End Use: Foodservice industry, Household
- Product: Almonds, Peanuts, Cashew, Walnuts, Hazelnuts, Pistachios
- Form: Whole (Plain, Roasted, Salted), Powder
Key Players
The report features a comprehensive list of key players in the nut market:
- Borges Agricultural & Industrial Nuts
- Diamond Foods, Inc.
- John B. Sanfilippo & Son
- Ludlow Nut Co Ltd.
- Hines Nut Company
- Mariani Nut Company
- Germack Pistachio Company
- Hampton Farms, Inc.
- Star Snacks Co. LLC
- Grower Direct Nut Co. Ltd.
- Wildly Organic
- TIERRA FARM
- Big Tree Organic Farms
- Food to Live
- Truefarm Foods
- Forest Whole Foods Ltd
- prana organic
- Wholefood Earth
- South Valley Farms
- Blue Diamond Growers
Regional Analysis
The report provides a detailed analysis of the nut market across different regions, identifying the region with the current largest market share and those expected to experience significant growth in the coming years. It explores the impact of government initiatives, regulations, and other factors influencing market growth in each region.
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