About Daily Nut
Daily nuts are used on regular basis for direct consumption. Nuts are commonly defined as dry or single-seeded fruits that are rich in nutrients and reduce the risk of heart attack, cholesterol, diabetes, and provide various other health benefits. The increasing number of health-conscious people across the globe and change in lifestyle due to the working population has accelerated the market growth. Other than direct consumption, nuts are also used in a number of food products and beverages to give different flavors and textures.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.6% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new product launches, and collaborations as their preferred strategies. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Daily Nut market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Daily Nuts (United States), Chacha Food (China), Hormel Foods (United States), Be & Cheery (PepsiCo) (United States), Three Squirrels (China), Diamond Foods (United States), Sahale Snacks, Inc. (United States), Orchard Valley Harvest, Inc. (United States), The Wonderful Company (United States) and Olam International (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Daily Nut market by Type (Cashews, Almonds, Hazelnuts, Walnuts, Pecans, Macadamia and Others), Application (Direct Consumption and Food & Beverages) and Region.
On the basis of geography, the market of Daily Nut has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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 Category, the sub-segment i.e. Raw will boost the Daily Nut market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging Type, the sub-segment i.e. Box will boost the Daily Nut market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Daily Nut market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emerging Trend of Chocolate Bars with Nuts and Dried Fruits Among the Consumers
Market Growth Drivers:
Increasing Use of Daily Nuts in Food and Beverage Industry
Restraints:
High Cost of Daily Nuts Can Limit the Adoption Among Households
Opportunities:
Growing Awareness About the Consumption of Daily Nuts and Increasing Health-Conscious Population
Market Leaders and their expansionary development strategies
In 2020, Diane’s Kitchen LLC launched a new range of sprouted nuts products under the Daily Crunch Snacks line. The product line includes three varieties of products - Sprouted Almonds, Coffee-Soaked Sprouted Almonds, and Nut-Berry Medley.
In May 2022, VKC Nuts, India's leading nuts dried fruits company expanded its product portfolio with the launch of a range of pasteurized nuts and dried fruits under the brand name Nutraj. With this launch, the aim of the company is to meet the demand for hygiene and bacteria-free nuts among Indian consumers.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Daily Nut Providers, Government Regulatory and Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
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, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.