New York, NY, Sept. 23, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Edible Nuts Market By Product (Cashews, Walnuts, Almonds, Chestnuts, Pistachios, Hazelnuts, Brazil Nuts, and Others), By Application (Bakery & Confectionery, Flavored Drinks, Breakfast Cereals, Snacks, Butter & Spread, Dairy Products, and Others), and By Form (Whole, Powder, Split, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2026”. According to the report, the global edible nuts market accounted for USD 88.94 billion in 2018 and is expected to reach around USD 92.1 billion by 2026, at a CAGR of around 3.5% between 2019 and 2026.

Edible nuts contain high-quality fiber, minerals, vegetable protein, oils, and vitamins, which are vital for the healthy functioning of the human body. These health benefits have made edible nuts essential for human consumption. The nutritional value provided by these nuts has augmented their market growth.

Browse through 105 Tables & 37 Figures spread over 110 Pages and in-depth TOC on “Global Edible Nuts Market: By Product Type, Size, Share, Industry Trends, Growth, Segments, Analysis and Forecast, 2018–2026”.

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The edible nuts market is likely to grow notably in the years ahead, owing to the in their growing use in the global food industry worldwide due to their high nutritional value. Bakery and confectionary and breakfast cereals are the major products that use edible nuts. This vast list of applications of edible nuts is also fuelling the edible nuts market globally. Moreover, edible nuts are a healthier alternative for the aged population, as the consumption of edible nuts helps in preventing diabetes, heart diseases, obesity, and allergies. The growing health consciousness will further drive the edible nuts market. The rising awareness about the benefits of nutritious edible nuts along with their easy availability on e-commerce websites and offline stores has also been aiding this market.

The rise in the number working youth along with their improving living standards is another catalyst for the edible nuts market. Thus, the applications of edible nuts will always fuel their demand. The nutritional value of these nuts also adds value to personal care products. The edible nuts though high in nutritional value should not be taken in excess every day, as it is tough for the liver to digest them in large quantities, which may restrain the market growth.

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By product, the edible nuts market is fragmented into walnuts, Brazil nuts, cashew, almonds, pistachios, chestnuts, hazelnuts, and others. The application segment includes butter and spread, bakery and confectionery, dairy products, breakfast cereals, flavored drinks, snacks, and others. The form segment is divided into whole, powder, split, and others.

The Asia Pacific is among the leading regions for the edible nuts market along with being the fastest-growing market globally. Edible nuts require labor-intensive harvesting process, which is easily available in the region. People’s inclination in the region toward a healthy diet is also fuelling the Asia Pacific edible nuts market. The increasing health consciousness and rising edible nuts consumption due to changing lifestyle in emerging of China and India are also boosting this regional market. Edible nuts are used in various forms in many homemade food products and are readily used for seasoning in many of the traditional sweet dishes in the region. There are many applications of edible nuts in the food industry, particularly in bakery and confectionery, flavored drinks, and dairy products. Though urbanization has a major influence on the consumption of the edible nuts, the overall increment in consumption rate is mainly because edible nuts are much popular snack and among the regional consumers all over the country.

Browse the full “Edible Nuts Market By Product (Cashews, Walnuts, Almonds, Chestnuts, Pistachios, Hazelnuts, Brazil Nuts, and Others), By Application (Bakery & Confectionery, Flavored Drinks, Breakfast Cereals, Snacks, Butter & Spread, Dairy Products, and Others), and By Form (Whole, Powder, Split, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2026” Report at https://www.zionmarketresearch.com/report/edible-nuts-market

North America witnessed substantial growth in the edible nuts market globally in 2018, as black walnuts, acorns are native to North America. The edible nuts market in North America is mainly driven by the nut oil and nut butter products that are consumed in large amounts by the regional population. The growing consumption of almond milk is the key driver for the edible nuts market, as it is used as an alternative for regular milk. The awareness regarding the health benefits of edible nuts by the government and its various applications in the food industry are likely to further fuel the edible nuts market in North America.

Europe is the biggest market for edible nuts in the world, which represents almost 40% of the total imports. These import volumes are readily increasing. The exporters from developing countries considering growth opportunities in the Netherlands, Germany, France, and the UK.

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The Latin American edible nuts market is expected to grow substantially over the forecast period. Brazil is among the largest producers of edible nuts. However, the region does not export most of its edible nuts due to their domestic consumption.

Some key players operating in the edible nuts market include Diamond Foods, Olam International, Waterford Nut, Farm Breeze International, Just Almonds, Blue Diamond Growers, Mariani Nut, Select Harvests, Global Nut, and Archer Daniels.

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This report segments the global edible nuts market as follows:

Global Edible Nuts Market: Product Analysis

  • Cashews
  • Walnuts
  • Almonds
  • Chestnuts
  • Pistachios
  • Hazelnuts
  • Brazil Nuts
  • Others

Global Edible Nuts Market: Application Analysis

  • Bakery and Confectionery
  • Flavored Drinks
  • Breakfast Cereals
  • Snacks
  • Butter and Spread
  • Dairy Products
  • Others

Global Edible Nuts Market: Form Analysis

  • Whole
  • Powder
  • Split
  • Others

Global Edible Nuts Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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