Global Nut Ingredients Market Overview:
Nut is a dry fruit composed of an inedible hard shell and a seed which is generally edible used in various food products. Nuts contain vitamin E and omega 3 fats which are good and energy boosting snacks enriched with protein, calcium, fibre and other proteins as well. They are widely used in various product formulation and are highly preferred by food manufacturers. Nut ingredients here provides an important source of nutrient’s to consumer as it provides with varieties and flavours in snacks. It offers taste and health benefits to consumer making them preferred choices and provides opportunity for food manufacturer to invent new products with introduction of different nuts in food products. Some of the players profiled in the study are Barry Callebaut Group (Switzerland), Archer Daniels Midland Company (United States), Kanegrade (U.K.), Olam International Limited (Singapore), Specialty Commodities Inc. (United States), Kerry Group (Ireland), Mondelez International (United States), Blue Diamond Growers (United States) and Northwest Hazelnut Company (United States). According to Market Analyst at AMA, the Global Nut Ingredients market may see a growth rate of 5.3%
On the basis of geography, the market of Nut Ingredients has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Form, the sub-segment i.e. Paste will boost the Nut Ingredients market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Industrial will boost the Nut Ingredients market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Consumer Demand For Healthy, Innovative And Convenient Food Products
- Developing Snacks And Confectionery Industry Across The Globe
- Increasing Number Of Varieties And Flavors In Nut Ingredients Snacks
Influencing Trend
- Growing Demand For Ready-To-Eat Snack Foods
- Technology Advancement In The Manufacturing Process
Restraints
- Increased Price Of Nut Ingrediants Products
- Increasing Obesity Levels Among Users
- Side Effects And Allergies To Excess Usage Of Nut Ingredients
Opportunities
- Focusing On Providing Healthier Product
- Search And Innovation For Different Possible Flavors
Challenges
- Limited Resources
- Maintaining Quality of Nuts in Supply Chain
Key Market Developments:
In January 2019, Barry Callebaut (Switzerland) manufactures and sells cocoa, chocolate and other confiectonary for food industry products has acquired Inforum .This acquisition, in line with Barry Callebaut will transform Barry Callebaut’s presence in the high-growth Russian market.
In March 2018, Blue Diamond Almonds Global Ingredients Division has launched quality almond oil for the food ingredients market. The clean and mild flavor of Blue Diamond Almond Oil can be used across multiple applications and food categories. This product launch will help in expansion of the market.
Target Audience:
Food Manufacturers/ Suppliers, Baking Ingredient Manufacturers, Bakery Associations And Industry Bodies, Raw Material Suppliers, End Users Of Bakery & Confectionery, Research Institutes, Associations, Organizations, Forums, And Alliances Related To The Nuts Ingredient, Industry Associations and Market Research And Consulting Firm
Major Objectives Focused through this Study
To define, describe, and forecast the Global Nut Ingredients market on the basis of product [Almonds, Cashews, Hazelnuts, Walnuts and Others {Peanut, Pecan, Pistachio and more}] , application [Confectioneries, Dairy products, Bakery products, Snacks & Bars and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Nut Ingredients market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Nut Ingredients industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Bredabest, Intersnack, Borges, CG Hacking & Sons, Besanaworld, Voicevale, Groupe Soparind Bongrain (Fruisec) and Hershey Company.
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Nut Ingredients market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.