Nut
Ingredients Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2017 – 2025” discusses the key factors of
influence that support or hinder the growth in demand for the
cultivation, processing, packaging, distribution, and demand for nuts
from a worldwide perspective. Thanks to globalization, a large number
of nuts are unexclusively available in all key regional markets of
the world. As a result, it becomes logical to try and keep a track of
the exact type of nuts that are witnessing a high growth rate in
certain regions over others, for reasons ranging from indigenous
production to the increasing popularity of exotic foods and
beverages.
“The
global
nut ingredients market is expected to expand at a CAGR of
5.3% from 2015 to 2017. The primary factor attributed to the growth
rate of this market is the vastly increasing demand for ready-to-eat
foods across key regions. Nuts are highly used in these type of
foods, along with snacks and confectionaries and each of these
categories are witnessing a high demand in urban areas from top
market regions. The increasingly hectic urban lifestyle amid a
growing awareness of consuming nuts plays a leading role in the
growth of the global nut ingredients market.
The
global nut ingredients market is receiving a large volume of demand
due to the increasing health consciousness amongst consumers, a trend
likely to continue over the coming years. Manufacturers are also
focusing on this trend, boosting their marketing strategies towards
incorporating nuts as a means of healthier living, thereby creating a
better scope of growth.
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From
a regional perspective, the large percentage of the demand
experienced by the global nut ingredients market has been generated
by North America till now. North America and Europe are currently the
leading entities in the global nut ingredients market in terms of
production as well as consumption rates. Meanwhile, the demand for
nuts and nut ingredients is skyrocketing in Asia Pacific, primarily
through India and China. This region is showing a swift growth rate
in economic and industrial state, allowing more people to afford nuts
and nut ingredients on a more regular scale. This region is also
showing a rise in the demand for exotic nuts, further creating
interest among the globally prominent players.
The
leading players in the global nut ingredients market to date, have
included Kanegrade Limited, Archer Daniels Midland Company,
Bredabest, Olam International, Terri Lynn, Inc., H.B.S. Foods Ltd.,
CACHE CREEK FOODS, ROYAL NUT COMPANY, Helios Ingredients, Bergin
Friut and Nut Company, Wenders, and The Hershey Company.
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