Nuts Market Size, Share and Growth Analysis Report - Forecast Trends and Outlook (2025-2034)

The nuts market size reached around USD 60.21 Billion in 2024. The market is projected to grow at a CAGR of 5.60% between 2025 and 2034 to reach nearly USD 103.83 Billion by 2034.

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Global Nuts Market Growth

In 2021, the total value of United States tree nut exports reached USD 8.9 billion, reflecting a 6% increase compared to 2020. The leading three markets, which together represented 52% of total sales, were the European Union, China, and India, with respective values of USD 2.8 billion, USD 978 million, and USD 889 million. China stands as the foremost producer and consumer of walnuts globally, contributing over 42% of the world's walnut production during the 2017/18 season, amounting to 871,850 metric tons. India ranks among the largest producers of cashews, with cultivation spanning approximately 0.7 million hectares, consequently driving up the nut market share.

The rising consumer awareness regarding the importance of a healthy lifestyle has led individuals to incorporate more fruits and nuts into their diets, enhance their water consumption, and adopt various other healthy eating habits. These seemingly minor changes can significantly influence an individual's overall health and well-being, thereby leading to the nut market expansion. World Health Organization (WHO) recommends that adults include nuts in their diets due to their numerous health benefits, prompting consumers to recognise the importance of this nutritious food and contributing to the expansion of the global market. In response to the growing demand from health-conscious consumers, companies in the sector are increasingly adopting organic farming practices.

Key Trends and Developments

The nuts market growth can be attributed to rising trends of health and wellness, expansion of plant based and vegan diet, and rising demand for convenient snacking.

August 2024

SitaVatika, a trusted and esteemed spice brand known for its distinctive variety of whole nuts and spices introduced a premium line of nuts and dried fruits. This collection features top-quality cashew nuts, almonds, pistachios, and other exceptional nuts, all meticulously chosen and sourced from the most reputable farms.

May 2024

The Netherlands government intends to allocate 1 million euros to enhance the dried fruit value chain. This four-year development initiative seeks to strengthen the export capabilities of small and medium-sized enterprises within the sector.

March 2024

Brothers All Natural introduced its latest product, Infused Fruit Crisps. These freeze-dried fruit crisps are enhanced with flavor and contain no peanuts, dairy, or gluten. They are also certified Kosher and non-GMO, leading to the nuts market development.

May 2022

VKC Nuts, a leading fully integrated farm-to-fork enterprise focused on nuts and dried fruits in India, has introduced 'Bactopure,' the nation's inaugural and exclusive range of pasteurized nuts and dried fruits, offered under its esteemed brand Nutraj.

Expansion of Health and Wellness Sector

Nuts are known to be rich in nutritional value as they include protein, good fats, and fiber, among other essential nutrients. The expansion of the health and wellness sector is encouraging people to incorporate nuts in their diets to complete their daily nutritional intake.

Rise in Plant Based and Vegan Diet

One of the notable nuts market trends is the expansion of plant based and vegan diet. Nowadays, people are incorporating plant derived food into their daily diets due to several reasons such as increasing popularity of vegan diets and rising adoption of sustainable consumption practices.

A Convenient Option for Snacking

Nuts are a convenient option for snacking as they are easy to carry and consume. Nowadays, people lead a very busy and occupied life which often leads to lesser time. Nuts can be a perfect snacking option in satisfying appetite of people who are always on the go, leading to the nuts market development.

Rising Demand for Functional Food

Nuts are being included to functional foods and drinks more frequently in order to offer more health advantages. Customers' growing desire for natural components that support health is fuelling the market for goods like cereals, protein bars, and fortified beverages.

Global Nuts Market Trends

The market is witnessing several trends including the expansion of health and wellness sector, rising demand for healthy snacks, and rising emphasis on vegan and plant-based diet. Nowadays, there is a rising emphasis on health and wellness trends which are leading to the expansion of nuts market size. Additionally, the adoption of plant-based and vegan diet is also propelling the nut market growth further. With changing dietary patterns, people are shifting towards plant-based food including nut milk such as almond milk and cashew milk, this trend further drives the demand for nuts.

Global Nuts Industry Segmentation

The EMR’s report titled “Global Nuts Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Product:

• Almonds
• Peanuts
• Cashew
• Walnuts
• Hazelnut
• Pistachios
• Others

Market Breakup by Distribution Channel:

• Offline
• Online

Market Breakup by Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Global Nuts Market Share

Based on distribution channel, the market is segmented into online and offline. The online segment is projected to dominate the market, representing a CAGR of 9.5%, leading to the global nuts market expansion. The demand for nuts has increased due to the expansion od online distribution channels. Online distribution channels facilitate speedy delivery, wide product options, seasonal discounts, and doorstep delivery, leading to the expansion of the nut market.

Leading Companies in the Global Nuts Market

Major players are focusing on the production of sustainable farm practices to produce nuts in order to improve nuts market outlook.

Diamond Foods, LLC

Diamond Foods, LLC was founded in 1912 and is headquartered in Stockton, California, United States. It is an American company that produces different products including walnuts, pecans, almonds, pine nuts, and hazelnuts, among others.

John B. Sanfilippo & Son, Inc.

John B. Sanfilippo & Son, Inc. was founded in 1922 and is headquartered in Illinois, United States. It is an American company that produces an extensive variety of snack and nut products including Fisher and JUST THE CHEESE, leading to the expansion of nuts market size.

Mariani Nut Company

Mariani Nut Company was founded in 1972 and is headquartered in California, United States. This American company deals in various products including natural almonds, natural walnuts, natural pecans, and marcona almonds, among others.

Borges Agricultural & Industrial Nuts, S.A.

Borges Agricultural & Industrial Nuts, S.A. was founded in 1896 and is headquartered in Catalonia, Spain. The company majorly deals in nut market and produces various products including dry nuts and dried fruits.

Other major player in the market are Hines Nut Company, Hampton Farms, Star Snacks, Grower Direct Nut Company, Inc., and Royal Nut Company, among others.