What is Baru Nuts Market?
Baru Nuts is known as excellent source of fiber and vitamin E. It provides 32% of dairy amount. It is also rich source of magnesium, potassium, iron, and zinc. Baru Nuts has nuty flavour. It is used to mix with various types of smoothies, bakery and confectionaries. Baru Nuts are available in number of flavors. Thus, it is mostly preferred as healthy snacking option over other products. Baru nuts have a low water footprint. It contain less calories hence it is mostly preferred by health conscious people who are more aware regarding calories consumption. Rising awareness regarding healthy lifestyle and increasing inclination towards natural ingredients has created demand for Baru Nuts.
The market study is being classified by Type (Raw Nuts and Processed Baru Nuts {Flavoured Nuts, Roasted Nuts}), by Application (Bakery & Confectionary, Nutraceuticals, Personal Care Products, Snacks and Others) and major geographies with country level break-up.
Brukas, Inc. (Canada), Baru Baron (Canada), Brazil Barn Group (Brazil), Atina Ativos Naturais Ltda. (Brazil), BIOBRAZIL BOTANICALS (Brazil), The Chufa Original Company (United Kingdom), Baru Nuts USA (United States), Ludlow Nut Company Ltd. (United Kingdom), ACH Food Companies, Inc. (United States), Jose María Bou, S.L (Spain) and Organic Gemini (United States) are some of the key players profiled in the study.
The market of Baru Nuts is expected to grow with rising demand for healthy snacks. Several market players are providing Baru Nuts owing to healthy benefits associated with it. Thus, the market is highly fragmented with the presence of local and international market players. Additionally, many new players are also entering to market with excellent features which in turn impacting on the competitive rivalry.
Segment Analysis
Analyst at AMA have segmented the market study of Global Baru Nuts market by Type, Application and Region.
On the basis of geography, the market of Baru Nuts 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Expenditure of RTE Healthy Food Items in Food and Beverages Industry
- Rising Preference for Low Calories based RTE Snacks
Market Trend
- Increasing Awareness Regarding Natural Food Ingredients Consumption
Restraints
Opportunities
- Augmenting Preference towards Baru Nuts owing to Increasing Health Awareness has created Demand
- Increasing Online Platforms for Delivery has created Ease in Distribution
Challenges
- Disruption in Supply Chain owing to Pandemic and Lockdown
- Weather Inconsistency may Impact on the Production of Baru Nuts
Key Target Audience
Baru Nuts Manufacturers, Baru Nuts Suppliers/Distributors, Raw Material Suppliers, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry