Global Nut Products Market is valued approximately at USD 1.42 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6.30% over the forecast period 2020-2027. The increasing preference of consumers towards gluten-free and plant-based products, increasing health awareness, rising disposable income, increase in nut based-based derivatives and increasing investments by market players in the form of acquisition are the reasons contributing to the growth of nut products market. For Instance: in December 2019, Hughson Nut (California) was acquired by Olam International Limited (Singapore), this acquisition helped the company in expanding nut products capacity, and it became easy for company to satisfy the need in and outside US. However, it is not easy to maintain the inventory of nut as a raw material for small and medium-scale manufacturers because it requires carefully planned inventory management that impedes the growth of the market over the forecast period of 2020-2027. Also, nut-based flour, butter, fillings and paste are increasingly utilized across various applications such as bakery and confectionery which is likely to increase the market growth during the forecast period.

The regional analysis of global Nut Products market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the leading/significant region across the world in terms of market share owing to high production of nuts in countries like India and China that allows export of nuts in the entire world. Whereas, Europe is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rise in nut product consumption due to high demand for natural and low-sugar ingredients and food products would create lucrative growth prospects for the Nut Products market across Asia-Pacific region.

Major market player included in this report are:
Kerry Group
Mandelin Inc.
Bazzini
Besana
Lubeca
Puratos
Olam International
Barry Callebaut
Blue Diamond Growers
Mount Franklin Foods

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Nut Butter
Nut Paste
Nut Fillings with Cocoa
Nut Fillings without Cocoa
Caramelized Nuts
Nut Flour
By Nut Type:
Almonds
Hazelnut
Walnuts
Cashews
Peanuts
Pistachios
Macadamias
Pecans
Pine nuts
Brazil nuts

By End User:
B2B Industrial food manufacturers
B2B Food service & bakeries

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year 2017, 2018
Base year 2019
Forecast period 2020 to 2027

Target Audience of the Global Nut Products Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors