Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Nut Ingredients Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Forecasted Market Size and CAGR for the Nut Ingredients Market?
The Nut Ingredients Global Market Report 2025 market has seen robust growth in the past few years. The market size, which was at $24.84 billion in 2024, is projected to increase to $26.12 billion in 2025, representing a compound annual growth rate (CAGR) of 5.2%.
What Is the Forecasted CAGR for the Nut Ingredients Market by 2029?
The Nut Ingredients Global Market is projected to reach a size of $33.32 billion in 2029, with a Compound Annual Growth Rate (CAGR) of 6.3%.
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What Are the Market Drivers in the Nut Ingredients Industry?
The key drivers in the nut ingredients market are:
• Increase in production of nut-based spreads and gluten-free products
• Integration of nuts into health and wellness trends and nut-infused beverages
• Growing market for nutritional bars and a focus on sustainable, ethical sourcing
• Expansion of nut-enhanced product offerings with a focus on clean label, natural ingredients.
What Is the Segment-Wise Breakdown of the Nut Ingredients Market?
The nut ingredientsmarket covered in this report is segmented –
1) By Type: Cashews, Walnuts, Almonds, Hazelnuts
2) By Form: Roasted, Chopped, Raw, Powdered
3) By Application: Snacks And Bars, Confectionary, Baked Products, Dairy Products, Beverages, Other Applications
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Which Emerging Trends Are Driving Growth in the Nut Ingredients Sector?
The key trends in the nut ingredients market are:
• Expansion of nut-enhanced product offerings is an emerging market trend.
• There is a growing focus on clean label and natural ingredients in the nut industry.
• Innovations in nut-based dairy alternatives are significantly shaping the future of the market.
• The inclusion of nuts in confectionery and a focus on sustainability and ethical sourcing is a rising trend.
Which Companies Are Dominating the Nut Ingredients Market in Terms of Revenue?
Major players in the nut ingredients market are:
• Archer-Daniels-Midland Company
• Olam International Limited
• Barry Callebaut AG
• Kanegrade Flavours & Ingredients Pvt. Ltd.
• The Hershey Company
• Bredabest BV
• Terri Lynn Inc.
• Cache Creek Foods
• Royal Nut Company
• Helios Ingredients Ltd.
• Bergin Fruit and Nut Company
• Western India Cashew Company
• Savencia SA
• Borges Agricultural and Industrial Nuts SA
• John B. Sanfilippo & Son Inc.
• Blue Diamond Growers
• Treehouse Foods Inc.
• Kanegrade Limited
• Olde Tyme Foods Inc.
• Hampton Farms Inc.
• Johnvince Foods Company
• The Wonderful Company LLC
• Mariani Nut Company
• SunOpta Inc.
• Golden Peanut Company LLC
• Glanbia Nutritionals Inc.
• Ingredion Incorporated
• Kerry Group PLC
• MGP Ingredients Inc.
• NOW Foods
• Prinova Group LLC
What Are the Regions Driving Demand in the Nut Ingredients Market?
North America was the largest region in the nut ingredients market share in 2024
