Edible Nuts Market

Edible Nuts Market: Increasing Demand as an Ingredient in the Food & Beverages Industry Due To Associated Health Benefits: Global Industry Analysis and Opportunity Assessment, 2015 - 2025

Edible Nuts Market: Introduction

Regular consumption of various nuts has been observed to have a positive impact on the overall development of the human brain and health. Consumption of edible nuts is known to help reduce the number of incidences of coronary heart diseases, diabetes, gallstones, and various other health disorders. Moreover, edible nuts have shown to reduce cholesterol levels and incidences of cancer, hypertension, and inflammation. Moreover, the consumption of edible nuts has been observed to help keep blood pressure, metabolic syndrome, and visceral adiposity in control.

Due to the aforementioned factors, the consumption of edible nuts among consumers across the world has been on the rise, in view of overcoming the rising number of health issues and for maintaining overall good health. 

Edible Nuts Market: Dynamics

Increasing consumer inclination towards maintaining a healthy lifestyle has led to the higher consumption of healthy food products and food ingredients. Off late, consumers have become more conscious about their food intake and diet. There has been a significant rise in the consumption of edible nuts, which includes walnuts, almonds, hazelnuts, cashew nuts, pistachios, etc.,

over the past few years, primarily supported by a shift towards healthier eating habits and preferences among the fast-growing middle-class section of consumers, especially in developing countries. The import volume of shelled almonds in China, which is a major exporter of edible nuts, stood at 30,200 tonnes over 2008–2009, and rose to 150,000 tonnes over 2012–2013. Apart from direct consumption, edible nuts are used in a variety of other applications.

Various edible nuts can be further processed and used as nut spreads, dairy inclusions & toppings, confectionery fillings and bars, gravy & salad dressings, bakery filling & inclusions, energy bars, food for infants and children, and others. This multiple use scenarios of edible nuts is expected to further drive the growth of the edible nuts market over the forecast period.

Government bodies and various private companies are creating greater awareness in consumers about the health benefits of edible nuts, which is hence resulting in further revenue growth of the edible nuts market. For instance, in early 2014, the International Nut and Dried Fruit Council Foundation (INC) launched a campaign in the form of animated cartoons around the concept 'Nuts and Dried Fruits'. The video was aimed at spreading awareness about the health benefits of edible nuts, worldwide, and also to motivate kids about the nutritional value and power of edible nuts and dried fruits.

The consumption of edible nuts has been observed to have a positive impact on human health. Moderate consumption of edible nuts is known to lead to the reduction in the incidences of coronary heart diseases, diabetes, and gallstones, in both, males and females.

Edible nuts possess a long shelf life. They do not lose their crunchiness if proper temperature is maintained. They can easily be stored in the fridge, which can extend the shelf life up to a year. Due to the low water content, they do not freeze in a refrigerator, and therefore, there will be no loss of nutrients with any mild thawing. Thus, for manufacturers, edible nuts are a convenient product with minimal seasonal issues and natural resistance to spoilage, which is driving the growth of the edible nuts market.

As mentioned earlier, the consumption of edible nuts and seeds has been observed to have a positive impact on human health. However, excess consumption of edible nuts and seeds could have severe adverse effects on human health too. Edible nuts are high in fat content, and though most of the fat is unsaturated fat, which reduces cholesterol levels in the blood, high amounts of fat could result in high calories. High-calorie intake could result in unnecessary weight gain, which could lead to a rise in the risk of high blood pressure, respiratory problems, high levels of triglycerides, and several other problems.

Excess consumption of seeds, such as flax seeds, has notable side effects on human health, such as laxative effects, which could lead to abdominal discomfort, diarrhea, and increasing incidences of bowel diseases. In addition, excess consumption of edible nuts could also create certain obstructions in the digestive tract, which could lead to constipation. These factors are likely to impede the growth of the edible nuts and seeds market, globally.

Edible Nuts Market: Market Value and Volume Forecast

The global edible nuts market is expected to grow at a CAGR of over 5.0% in terms of value, and 3.1%, in terms of volume, during the forecast period. Inclination towards a healthy lifestyle, coupled with increased usage of edible nuts as an ingredient in various processed food products in the bakery & confectionery, dairy, and snacks segments is expected to drive the growth of the global edible nuts market. Increased consumption of spreads produced from edible nuts and shifting consumer preference towards plant-based beverages are expected to support the rapid growth of the edible nuts market.

Edible Nuts Market: Segmentation by Product Type

The global edible nuts market is segmented based on product type into almonds, cashew nuts, hazelnuts, peanuts, pistachios, and walnuts. The peanuts segment dominated the edible nuts market in terms of volume in 2014, and is expected to remain dominant over the forecast period as compared to its counterparts. Meanwhile, the almonds segment is expected to grow at the highest CAGR in terms of value during the forecast period.

Edible Nuts Market: Production Scenario by Product Type

Production statistics for each product segment of edible nuts is provided in the report, and analysed thoroughly to understand the major countries for each product segment. As per statistics, the U.S. was the largest producer of almonds in 2014. The almond market in Australia is expected to grow at a CAGR of 8.4% during the forecast period.

Edible Nuts Market: Segmentation by Usage

The edible nuts market is segmented on the basis of usage into bakery & confectionery, flavored drinks, breakfast cereals, snacks, butter & spreads, dairy products, and others. The bakery & confectionery segment occupied the largest value share of the global edible nuts market in 2014. Manufacturers are launching new energy bars using edible nuts. Their long-lasting crunchiness, coupled with their associated health benefits, are factors driving demand for bakery and confectionery products containing edible nuts. The segment is expected to register the highest CAGR of 3.5% in terms of volume consumption.

Edible Nuts Market: Segmentation by Form

Based on different forms, the global edible nuts market is segmented into whole, powder, roasted, and splits. Among these segments, the whole edible nuts segment dominated the overall edible nuts market in terms of value in 2014, and is expected to grow at a CAGR of 4.5% over the forecast period.

Edible Nuts Market: Key Regions

On the basis of geography, the global edible nuts market is segmented into seven major regions - North America, Western Europe, Asia Pacific Excluding Japan (APEJ), Japan, Eastern Europe, Latin America, and the Middle East & Africa (MEA). Among all of these regions, the Western European edible nuts market is expected to experience favorable growth in terms of volume consumption over the forecast period. In terms of value, the Japanese edible nuts market is expected to account for a dominant share in the market for edible nuts over the forecast period.

Edible Nuts Market: Key Players

Some of the major players identified and profiled in the global edible nuts market report are Diamond Foods, Inc., Archer Daniels Midland Company, Olam International Ltd., Blue Diamond Growers, Mariani Nut Company, Select Harvests Limited, GNC Global Nut Company AG, Waterford Nut Co., Farm Breeze International LLC., and Just Almonds Inc.

Edible Nuts Market: Key Segments

By Product Type

  • Almonds
  • Cashew Nuts
  • Hazelnuts
  • Peanuts
  • Pistachios
  • Walnuts

By Usage

  • Bakery & Confectionery
  • Flavored Drinks
  • Breakfast Cereals
  • Snacks
  • Butter & Spreads
  • Dairy Products
  • Others

By Form

  • Whole
  • Powder
  • Roasted
  • Splits

Key Regions/Countries Covered

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan (APEJ)
  • Middle East & Africa
  • Japan

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