The global nuts and seeds market size is expected to experience considerable growth during the forecast period. This is attributable to the evolving consumption habits of the consumers and the increasing incidence of cardiovascular diseases that is likely to propel the demand for innovative nuts and seeds across the globe. This information is published by Fortune Business Insights in its upcoming report, titled, “Nuts and Seeds Market Size, Share and Industry Analysis, By Type (Nuts, Seeds), By Application (Bakery and Confectionery, Beverages, Cereals and Cereal Products, Processed Dairy Products, Others (Infant Foods, Salads and Others)) and Regional Forecast, 2019-2026.”
COVID-19 has resulted in several economies facing unprecedented loss. Owing to the lockdown announced by the government agencies globally, several manufacturing facilities have been at a standstill with limited operational activities. However, a collective effort from the government and the industries to bring the economy back is expected to boost the market growth during the forecast period.
List of the Companies Profiled in the Global Market for Nuts and Seeds:
- Blue Diamond Growers Inc.
- Bayer Crop Science A.G.
- Richardson International Limited
- McCormick and Company Inc.
- Syngenta A.G.
- Aldrin Bros. Almonds
- Big Tree Organic Farms
- Cargill Incorporated
- Diamond Foods Incorporated
- Archer Daniels Midland Company
Nuts and seeds are a rich source of mono and polyunsaturated fats that aid in the reduction of the risk of cardiovascular disease. According to the Food and Drug Administration (FDA), including 1 ounce of nuts in the diet help to decrease the risk of heart diseases. Apart from this, there are several other benefits that make these products valuable in human diet.
What does the Report Provide?
The global market for nuts and seeds report provides an in-depth analysis of several factors such as the key drivers and restraints that will impact growth. The report further provides insights into the regional analysis covering different regions, contributing to the market growth. It includes the competitive landscape that involves the leading companies and the adoption of strategies to introduce new products, announce partnerships, and collaborate to further contribute to the market growth. Moreover, the research analyst has adopted several research methodologies such as PORTER’s Five Point analysis to obtain information about the current trends and industry developments that will drive the market growth between 2019 and 2026.
Increasing Incidence of Cardiovascular Diseases to Promote Growth
According to the World Health Organization (WHO), the most number of deaths are due to cardiovascular diseases (CVDs) across the globe. Moreover, about 17.9 million lives succumb to CVDs every year. High cholesterol levels and faulty eating habits are some of the primary reasons affecting people. Therefore, the growing awareness regarding having a balanced and healthy diet is expected to propel the demand for healthy nuts and seeds during the forecast period. Additionally, the evolving consumer preference for consuming value added food products is expected to contribute to the global nuts and seeds market growth during the forecast period. For instance, according to the L.E.K. Consulting’s food and beverage survey in 2018, about 93% consumers prefer eating healthy food products once in a while, whereas, over 63% people ensure to have a healthy diet most of the time.
Major Segments includes:
- Others (Hazelnut, apricot kernel and Others)
- Chia Seeds
- Sunflower Seeds
- Flax Seeds
- Others (Sesame Seeds, Pumpkin Seeds, and Others)
- Bakery and Confectionery
- Cereals and Cereal Products
- Processed Dairy Products
- Others (Infant Foods, Salads and Others)
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Presence of Established Processed Food Manufacturers in North America to Aid Growth
Geographically, North America is expected to hold a significant share in terms of revenue in the global nuts and seeds market during the forecast period. This is attributable to the presence of established processed food manufacturers and the growing consumer preference for nutritious nuts and seeds products in the region between 2019 and 2026.
The market in Asia-Pacific is expected to experience substantial growth owing to the rising food processing industry in countries such as China and India. Moreover, the growing preference for healthy snacking options is expected to bode well for the regional market growth in the forthcoming years.
Prominent Companies Focus on Merger and Acquisition to Brighten Their Market Prospects
The global market for nuts and seeds is witnessing significant competition between prominent companies that are focusing on strengthening their position. These companies are strategically acquiring other small companies to expand their product portfolio and gain dominance. Moreover, other key players are adopting organic and inorganic growth strategies that are expected to favor the market growth in the forthcoming years.
- February 2019 Tierra Farm announced the acquisition of Senor Sabor, a Pennsylvania-based organic spice company. The acquisition is expected to expand Tierra’s footprint in the global marketplace.
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