About Nuts and Seeds
Nuts and seeds emerged as the third-largest category in the overall snacks market in 2015, accounting for a market share of 15.66%. Nuts include almonds, macadamia nuts, pistachios, peanuts, walnuts, and cashews. Seeds include sesame seeds, pumpkin seeds, chia seeds, sunflower seeds, hemp seeds, and flaxseeds. Rising demand for ready-to-eat snacks and convenient foods has fueled the growth of the global nuts and seeds market. Their availability in a range of flavors, including butter, smoky, salted, and pepper, has further contributed to increased sales.
Technavio’s analysts forecast the global nuts and seeds market to grow at a CAGR of 4.5% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global nuts and seeds market for 2016-2020. To calculate the market size, the report considers the revenue generated from sales of the following product categories:
Technavio Announces the Publication of its Research Report – Global Nuts and Seeds Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Nuts and Seeds Market: Blue Diamond Growers, California Gold Almonds, Diamond Foods, Kraft Heinz, and Wonderful Pistachios and Almonds.
Other Prominent Vendors in the market are: 24 mantra, Aldrin Brothers, Alpine Pacific Nut, Big Tree Organic Farms, Chiltern Natural Foods, Golden Gates Nuts, Jabsons, Nutiva, Nuts n Spices, Ricky’s Lucky Nuts, Royal Nuts, and Tropical Foods.
Commenting on the report, an analyst from Technavio’s team said: “The rising vegan population globally is expected to contribute to the market growth during the forecast period. People are increasingly substituting traditional sources of protein, like red meat, with plant-based alternatives such as protein-rich nuts. This recent shift toward the consumption of vegan diet is expected to drive the market growth for nuts and seeds during the forecast period.”
According to the report, consumers perceive snacking to be unhealthy, however the healthy benefit of nuts encourage the consumption of nuts and seeds among other snacks. The numerous health attributes of nuts and seeds have been the main factors responsible for their growing popularity and increased consumption.
Further, the report states that the excessive consumption of nuts and seeds have severe adverse effects on human health, such as unnecessary weight gain, which could lead to other health issues such as diabetes, hypertension, and others.
Blue Diamond Growers, California Gold Almonds, Diamond Foods, Kraft Heinz, and Wonderful Pistachios, Almonds, 24 mantra, Aldrin Brothers, Alpine Pacific Nut, Big Tree Organic Farms, Chiltern Natural Foods, Golden Gates Nuts, Jabsons, Nutiva, Nuts n Spices, Ricky’s Lucky Nuts, Royal Nuts, Tropical Foods.