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Technavio’s analyst predicts the global nuts and seeds market to grow moderately at a CAGR of more than 5% during the forecast period. The numerous health benefits of nuts and seeds are the key factors driving this until the end of 2020. Nuts are a rich source of proteins, healthy oils, and antioxidants. They are also a rich source of proteins and fiber content and, therefore, they are perfect as a nutritious and convenient snack. Also, manufacturers are marketing nuts and seeds as a source of good fats, for example, the Borges Natura range of raw nuts have high fiber content, omega-3 fatty acids, and act as an excellent source of iron, magnesium, and phosphorous. Furthermore, a wide variety of new products is anticipated to be launched during the forecast period which will propel the prospects of growth of this market over the forecast period.
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.
The supermarkets and hypermarkets segment dominated the market during 2015 with a market share of around 63%. This segment offers a broad variety of products available in varied tastes and flavors. Factors like longer shelf life of edible products and convenience will bolster the growth of this market segment during the forecast period.
During 2015, the Americas dominated the global nuts and seeds market with a market share of up to 37%. Factors like healthy eating habits and availability of a broad range of flavors across brands have significantly contributed to the growth of this market in this region.
The global nuts and seeds market is highly fragmented due to the presence of a large number of regional and international suppliers. The vendor competition is expected to intensify owing to the increase in the number of vendors offering gourmet and new flavors, the demand for healthy snacks by consumers, and price wars among vendors.
Key vendors in the market are -
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.
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Five Forces Analysis
PART 07: Market segmentation by geography
PART 08: Key leading countries
PART 09: Market segmentation by distribution channel
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
PART 16: Appendix
PART 17: Explore Technavio
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