Tree Nuts

Global Tree Nuts Market to Reach US$82.0 Billion by 2030

The global market for Tree Nuts estimated at US$54.3 Billion in the year 2024, is expected to reach US$82.0 Billion by 2030, growing at a CAGR of 7.1% over the analysis period 2024-2030. Almonds, one of the segments analyzed in the report, is expected to record a 8.6% CAGR and reach US$27.1 Billion by the end of the analysis period. Growth in the Cashews segment is estimated at 5.2% CAGR over the analysis period.

The U.S. Market is Estimated at US$14.8 Billion While China is Forecast to Grow at 11.4% CAGR

The Tree Nuts market in the U.S. is estimated at US$14.8 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$17.4 Billion by the year 2030 trailing a CAGR of 11.4% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.5% and 7.0% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.7% CAGR.

Global "Tree Nuts" Market – Key Trends & Drivers Summarized

What’s Fueling the Nutty Obsession? A Dive into Changing Consumption Patterns and Health Trends

The global tree nuts market has witnessed a dynamic transformation in recent years, fueled primarily by the evolving preferences of health-conscious consumers and dietary shifts favoring plant-based nutrition. Tree nuts—such as almonds, walnuts, pistachios, hazelnuts, cashews, and pecans—are no longer merely snack foods but integral components of functional diets, ketogenic regimens, and clean-label product formulations. This transition is largely driven by mounting scientific evidence linking tree nut consumption with reduced risks of cardiovascular disease, type 2 diabetes, and obesity, sparking increased adoption across age demographics and geographies. In North America and Europe, the rise in vegetarian, vegan, and flexitarian lifestyles has significantly amplified demand, while Asia-Pacific regions are catching up rapidly due to increasing disposable incomes and exposure to Western dietary habits. Another key consumption trend has been the incorporation of tree nuts into dairy and meat alternatives—think almond milk, cashew cheese, and nut-based protein bars—showcasing their adaptability in culinary innovation. Additionally, as more consumers seek out sustainable, ethically sourced, and minimally processed foods, the demand for organically grown, non-GMO, and fair-trade-certified tree nuts has risen sharply. With transparency, provenance, and health at the center of food purchasing decisions, tree nuts have managed to position themselves at the intersection of indulgence and wellness.

Can the Market Keep Cracking Open New Avenues Through Innovation and Technology?

Technological advancements in processing, storage, and packaging have significantly enhanced the appeal and accessibility of tree nuts in global markets. Cold-press technology for nut oils, dry-roasting systems with minimal oil usage, and advanced sorting machines using AI and infrared imaging have improved quality control and expanded production scalability. Shelf-life extension techniques using nitrogen flushing and vacuum sealing have enabled global exports, allowing developing countries to enter competitive markets. In parallel, blockchain and IoT integration in supply chain management have enabled better traceability, helping brands validate organic claims, monitor carbon footprints, and ensure compliance with international food safety standards. The use of predictive analytics and demand forecasting tools has also allowed processors to optimize supply chains and meet seasonally shifting consumer demand. Further innovation is evident in the R&D pipelines of major food companies, which are now engineering tree nut-based emulsifiers, flours, and butters for niche uses in baby foods, pet nutrition, and even cosmetics. The inclusion of nut-derived extracts in skincare for their antioxidant and anti-inflammatory properties has opened up a lucrative cross-industry application stream. These scientific and technological developments have been crucial in redefining tree nuts as not just commodities, but as premium, multi-functional ingredients with wide-ranging appeal.

How Are Climate Realities and Global Trade Shaping the Future of Tree Nut Production?

Environmental and geopolitical factors have begun to exert pronounced influence over the tree nuts market, forcing stakeholders to reconsider traditional supply and sourcing paradigms. Climate change has brought increased volatility in weather patterns, with droughts, unseasonal frosts, and pest infestations threatening yield consistency—particularly in dominant growing regions such as California (almonds, walnuts), Iran (pistachios), and Turkey (hazelnuts). These environmental stressors have not only led to fluctuating output but also contributed to rising production costs, thereby affecting market pricing and profit margins. On the trade front, escalating tariffs, export restrictions, and phytosanitary regulations have impacted cross-border flows, especially between the U.S., China, and Europe. Nevertheless, these challenges are catalyzing positive transformation. There`s a growing push toward climate-smart agriculture, involving precision irrigation systems, integrated pest management, and regenerative farming techniques that help sequester carbon and improve soil health. Simultaneously, countries like India, Chile, and Australia are expanding tree nut cultivation to diversify global supply and reduce dependency on traditional markets. Government subsidies, research grants, and public-private partnerships are encouraging new entrants into the market while supporting the transition to resilient, sustainable production systems. These shifts mark a crucial phase of decentralization and adaptation, preparing the industry for a more balanced and environmentally aligned future.

The Growth in the Tree Nuts Market Is Driven by Several Factors…

SCOPE OF STUDY:

The report analyzes the Tree Nuts market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Product Type (Almonds, Cashews, Walnuts, Pistachios, Hazelnuts, Chestnuts, Brazil Nuts, Other Product Types); Form (Whole, Split, Other Forms); Distribution Channel (Online, Offline); Application (Direct Consumption / Culinary Purpose, Bakery & Confectionery, Breakfast Cereals, Snacks, Flavored Drinks, Butter & Spreads, Dairy Products, Other Applications)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 43 Featured) -

• A.L. Bazzini Company
• Archer Daniels Midland (ADM)
• Besana Group
• Blue Diamond Growers
• Borges International Group
• Caro Nut Company
• CG Hacking & Sons Limited
• Diamond Foods LLC
• Felix GmbH & Co. KG
• Golden Peanut Company LLC
• Hines Nut Company
• Kanegrade Ltd.
• Kar`s Nuts (Second Nature Brands)
• Mariani Nut Company Inc.
• Montagu Snacks
• Olam International Limited
• Poindexter Nut Company Inc.
• Select Harvests Limited
• Sun Valley Limited (Zertus GmbH)
• Voicevale Ltd.

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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