Nuts Market Global Market Size 2025–2035
Market Overview
The global nuts market was valued at USD 62.35 Billion in 2024 and is projected to reach USD 113.5 Billion by 2035, expanding at a CAGR of 5.6% from 2025 to 2035. This market includes a wide range of nuts such as almonds, cashews, walnuts, hazelnuts, pistachios, and peanuts. These nutrient-dense products are increasingly demanded as health-conscious consumers opt for snacks rich in protein, healthy fats, vitamins, and minerals. The value chain encompasses everything from cultivation to retail and industrial supply for sectors like confectionery, bakery, and beverages. Market growth is powered by dietary shifts, plant-based trends, and innovation in nut-based products.
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Market Dynamics
The rising demand for nutrient-dense nuts such as almonds, walnuts, and cashews is being fueled by their proven health benefits, including heart health, weight control, and diabetes prevention. The surge in plant-based diet adoption has also popularized nut-derived products like nut milk, nut butter, and protein bars as alternatives to dairy and meat. According to the FAO, global almond production has increased by over 50% in the past decade. However, high production and distribution costs limit accessibility in price-sensitive regions. Nuts continue to be perceived as premium products, restricting consumption among lower-income populations.
Opportunities abound in the nut-based innovation space, such as flavored snacks, spreads, and dairy alternatives like almond and cashew milk. These innovations cater to lactose-intolerant, gluten-free, and vegan consumers. Furthermore, the boom in e-commerce enables brands to reach new customers via DTC models and personalized subscriptions. Digital expansion is helping nuts penetrate previously underserved markets.
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Segmental Analysis
By Product Type
• Tree Nuts: Almonds, Cashews, Walnuts, Others
• Groundnuts: Peanuts, Others
• Specialty Nuts: Brazil Nuts, Pine Nuts
Tree nuts dominate the market due to their extensive use in health-oriented foods. Almonds are especially preferred for their wellness benefits and wide adoption in both retail and food industries.
By Form
• Whole
• Plain
• Roasted
• Salted
• Powder
• Split
The Whole Nuts segment holds the largest share, favored for retaining full nutritional value, natural flavor, and extended shelf life. Consumers increasingly choose whole nuts for clean-label, gluten-free, and organic diets.
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Regional Overview
Asia Pacific shows rapid market growth as consumer preferences shift toward plant-based diets and healthier snacks. In countries like India, China, and Japan, rising disposable incomes and organized retail formats fuel nut consumption. Additionally, online sales and innovative packaging enhance market penetration.
Middle East & Africa (MEA) experiences steady growth due to rising health awareness and a rich culinary culture. Nuts are integrated into traditional and modern snack formats. Despite challenges like high prices and climatic unpredictability, the market is expanding through innovations in packaging and premium offerings.
Competitive Landscape
Key players include Blue Diamond Growers, Olam International, ADM, Wonderful Pistachios & Almonds, and Select Harvests Limited. These companies focus on sustainability, innovation, and expanding global footprints. For instance, Blue Diamond continues to launch new almond flavors and expand into emerging markets. Olam’s emphasis on traceability and ADM’s plant-based snack innovations underscore the market’s dynamic nature.
Recent Developments
• July 2023: IGA’s Exclusive Brands launched new nut snack varieties including almonds, cashews, and mixed nuts.
• Nov 2022: Blue Diamond introduced limited-edition almond flavors like Peppermint Cocoa and Snickerdoodle.
• June 2022: Blue Diamond launched innovative almond variants including Korean BBQ and Elote flavors.
