The Nut Market Report is Segmented by Product Type (Almonds, Cashews, Walnuts, Peanuts, Pistachios and Other Product Types), Category (Conventional, Natural and Organic), Flavor (Plain/Salted, Flavored), Distribution Channel (Supermarkets/Hypermarkets, Convenience/Grocery Stores, and More), and Geography (North America, Europe, Asia-Pacific, and More). The Market Forecasts are Provided in Terms of Value (USD).

Discover the importance of nuts in the global food market, their health benefits, and the growing trend towards organic and sustainable farming practices in the nut industry.

The report covers Tree Nuts Companies and it is Segmented by Product Type (Almonds, Peanuts, Pistachios, Cashews, Walnuts, and Other Product Types) and Distribution Channel (On-trade Channels and Off-trade Channels). The market size and forecasts in value (USD million) for the above segments.

Snapshot img

Tree Nuts Market Size 2024-2028

The tree nuts market size is forecast to increase by USD 24.67 billion, at a CAGR of 8.09% between 2023 and 2028.

The market is experiencing significant growth due to the increasing preference for plant-based food options among millennials. This demographic is driving the demand for vegan snacks, which often include tree nuts as a primary ingredient. Another trend is the expansion of the tree nut oils market In the cosmetics industry, providing new opportunities for market growth. Almonds, the largest segment, are highly nutritious, rich in essential nutrients such as protein, fiber, vitamins, and minerals. However, the market also faces challenges, including the potential for tree nuts to act as allergens. Allergic reactions to tree nuts can lead to recalls and damage to brand reputation.
Companies must invest in research and development to create allergen-free products or implement rigorous allergen control measures to mitigate this risk. To capitalize on market opportunities and navigate challenges effectively, businesses should focus on innovation, quality, and transparency. Developing new tree nut-based products that cater to the growing demand for plant-based options and ensuring food safety standards can help companies differentiate themselves in the competitive landscape.

What will be the Size of the Tree Nuts Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
Request Free Sample

The market continues to evolve, driven by dynamic market forces and shifting consumer preferences. Value-added products, such as nut butters and flours, are gaining popularity, leading to advancements in shell removal methods and nut processing technologies. Market price fluctuation is influenced by various factors, including climate change adaptation strategies, disease prevention methods, and nut yield optimization. Traceability systems are increasingly important in ensuring food safety regulations are met, while integrated pest management and nutrient management practices are crucial for maintaining orchard health. Supply chain logistics and sustainable farming practices are essential for efficient nut crop production and reducing water usage efficiency.

Harvesting techniques and post-harvest handling methods are continually improving to maximize nut quality and minimize waste. Pollination strategies and nut oil extraction processes are also undergoing innovation to enhance nut yield and nutrient content. Consumer preferences for specific tree nut varieties are shaping production trends, with allergen management becoming a critical consideration in nut ingredient applications. Pest control strategies and nutrient management techniques are also evolving to address the challenges of climate change and ensure long-term sustainability. Quality control measures and packaging solutions are essential for maintaining the integrity of tree nuts from orchard to consumer.

Nut grading systems and fertilization optimization are also crucial for ensuring consistent nut quality and yield. Overall, the market is characterized by continuous innovation and adaptation to meet evolving consumer demands and market dynamics.

How is this Tree Nuts Industry segmented?

The tree nuts industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Product

  Almonds
  Pistachios
  Walnuts
  Cashews
  Others


Distribution Channel

  Offline
  Online


Application

  Snacks
  Bakery & Confectionery
  Dairy Alternatives
  Beverages
  Nut Butters


Form

  Raw
  Roasted
  Blanched
  Flavored


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By Product Insights

The almonds segment is estimated to witness significant growth during the forecast period.

The market experiences dynamic activity, with almonds leading the segment due to their nutritional benefits and global consumption popularity. Almonds, rich in vitamins, minerals, antioxidants, and healthy fats, contribute to improved heart and bone health, blood sugar control, and cancer risk reduction. In response to this growing demand, production volumes have increased, with the US being a significant producer, accounting for over three-quarters of the global almond production in 2022. To cater to the expanding market, various value-added products and shell removal methods are employed, ensuring efficient post-harvest handling and consumer convenience. Marke

The global nuts and roasted nuts market exhibits robust growth, driven by increasing consumer awareness of health benefits, rising disposable incomes, and expanding snack food consumption. The market is projected to reach a substantial size, with a Compound Annual Growth Rate (CAGR) reflecting a healthy expansion trajectory. While precise figures for market size and CAGR are not provided, a reasonable estimation based on industry reports and trends suggests a market size exceeding $50 billion in 2025, growing at a CAGR of approximately 6-8% from 2025 to 2033. This growth is fueled by several key market drivers: the rising popularity of plant-based diets and veganism, which significantly increases demand for nuts as a protein source; the increasing preference for convenient and healthy snack options; and the proliferation of innovative product offerings, including flavored nuts, nut-based butter, and nut-containing confectionery. The market segmentation reveals key opportunities. The "contains no sugar" segment is expected to witness faster growth than the "contains sugar" segment, reflecting the growing health consciousness among consumers. Online sales channels are gaining traction, paralleling the broader e-commerce boom, while offline sales remain a significant distribution channel, particularly through supermarkets and specialty stores. Geographically, North America and Asia Pacific are expected to lead the market, driven by high consumption rates and strong economic growth in these regions. However, emerging markets in regions like Africa and South America also present significant growth potential as consumer purchasing power increases. Market restraints include price volatility due to fluctuating crop yields, concerns regarding allergen sensitivities, and potential environmental impacts associated with nut cultivation and processing. Key players in the market are actively innovating, expanding their product portfolios, and focusing on strategic partnerships to strengthen their market positions and capture emerging growth opportunities. The competitive landscape is marked by both established international brands and local players, reflecting the diversity of the market across regions.

In the marketing year of 2023/2024, the production of almonds (kernel basis) amounted to about 1.46 million metric tons worldwide. That year, just over one million metric tons of cashews were produced worldwide.

The tree nut growing industry structurally benefits from counter-seasonal harvests, which bolster its export market appeal and influence overall industry performance. However, ramped-up production from other large nut-producing countries that has saturated the global market, (along with supply chain challenges) has subdued export revenue in the past few years. Revenue has fluctuated further as a result of weather events, yet rising health consciousness among consumers has maintained demand for tree nuts – especially almonds, which are the most popular industry product. Overall, industry revenue has risen at an annualised 0.3% in the past five years and is expected to total $1.5 billion in 2024-25, when revenue will jump by an estimated 11.4%. Industry profitability hinges on numerous factors, including input costs, global nut prices, international demand and the value of the Australian dollar. Intensifying price competition from high nut-producing nations and rising input costs stemming from the Russia-Ukraine war, keeping fertiliser at a sustained high price, have had the most impact on industry profitability over the past five years. This has resulted in squeezed profit margins and elevated purchase costs. The shift towards mechanisation has also contributed to the rise in purchase costs, as more growers have sought to automate farming processes. However, automation has lowered wage costs. A surge in performance is anticipated for Australia's tree nut industry, propelled by strong exports and increased global consumption. Rising health consciousness among consumers, bolstered by initiatives like the Nuts For Life program from the Australian Nut Industry Council, is expected to boost nut consumption. This trend is projected to amplify demand, combined with Australia's reputation for premium quality nuts and high demand from countries like China, which foresees a growing middle class. These factors are set to have a domino effect and lead to an influx of new market entrants, which will catalyse industry growth and drive employment and enterprise numbers upwards. This series of events is anticipated to culminate in annualised growth of 11.6% over the five years through 2029-30 to an expected $2.5 billion.

The nut products market was valued at USD 6.33 billion in 2021 and is expected to grow at a CAGR of 5.8% during the forecast period.

In the financial year 2024, the total production volume of almonds in Australia amounted to around ***** thousand metric tons. Macadamias were the second most produced nut in the country in terms of in-shell weight, at approximately ***** thousand metric tons.

Between 2025 and 2035, the global market for nuts is expected to witness accelerated growth, increasing from USD 64,272.6 million to USD 104,693.3 million at a CAGR of 5.0%.

Snapshot img

US Nuts Market Size 2025-2029

The US nuts market size is forecast to increase by USD 3.32 billion at a CAGR of 4.7% between 2024 and 2029.

The Nuts Market is experiencing significant growth driven by increasing consumer awareness regarding the health benefits associated with nut consumption. Nuts are rich in essential nutrients, protein, and healthy fats, making them a popular choice for individuals seeking to maintain a balanced diet. Moreover, the rising trend towards plant-based protein sources is further fueling market expansion. However, the market encounters challenges as well. Allergen concerns related to nuts pose a significant obstacle, with an estimated 1% of the global population suffering from nut allergies. Regulatory hurdles impact adoption in certain regions due to stringent labeling requirements and safety regulations. Nuts are rich in essential nutrients, including protein, fiber, and healthy fats, making them an attractive option for consumers seeking to maintain a balanced diet. The nut vitamins and minerals, such as vitamin E, magnesium, and zinc, contribute to better heart health, improved immune function, and enhanced cognitive abilities.
Supply chain inconsistencies also temper growth potential, as fluctuations in nut production and availability can impact market stability. Companies seeking to capitalize on market opportunities must navigate these challenges effectively by implementing robust supply chain management strategies, investing in research and development for allergen-free alternatives, and adhering to regulatory guidelines. Overall, the Nuts Market presents a promising landscape for growth, with potential for innovation and expansion in the plant-based protein sector.

What will be the size of the US Nuts Market during the forecast period?

Request Free Sample

Tree nuts continue to dominate the global market, with various applications extending beyond traditional snacking. Nut milling and nut sorting are crucial processes in ensuring product quality and consistency. Nut drying and nut roasting are essential steps in preserving nuts' flavor and texture. Nut certification plays a significant role in maintaining consumer trust and adhering to regulatory standards. Nut irradiation and nut pasteurization are essential for food safety and shelf life extension. Nut-based beverages, nut-based plastics, and nut-based biofuels represent innovative applications, driving market growth. Nut fortification and nut enrichment enhance nutritional value, while nut labeling ensures transparency.
Nut-based pesticides and nut-based fertilizers contribute to sustainable farming practices. Nut-based cosmetics, nut-based textiles, and nut-based sauces expand the market reach. Nut grinding, nut bar production, and nut mix creation cater to diverse consumer preferences. Nut inspection and nut grading ensure product quality and consistency, while nut oil extraction and nut shelling optimize production efficiency. Nut-based pharmaceuticals and nut-based confections cater to the healthcare and indulgence sectors. Nut clusters and nut-based composites offer unique textures and functionalities. Market trends include the development of nut-based spreads, nut-based composites, and nut-based bioremediation, highlighting the versatility and sustainability of nuts.
Nut traceability and nut sustainability remain key concerns for businesses and consumers alike.

How is this market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Peanuts
  Almonds
  Cashew
  Walnuts
  Others


Type

  Whole
  Diced
  Roasted
  Granular


Distribution Channel

  Offline
  Online


Geography

  North America

    US

By Product Insights

The peanuts segment is estimated to witness significant growth during the forecast period.

In the dynamic nuts market of the US, various nut types and products continue to gain popularity among consumers. Peanuts, known for their widespread appeal and versatility, dominate the market due to their extensive usage in various forms. Roasted, salted, flavored, and as ingredients in snacks, confectionery, and culinary dishes, peanuts cater to diverse consumer preferences. Peanut butter, a staple in American households, further bolsters the peanuts segment's prominence, offering a convenient and nutritious spread for sandwiches, snacks, and baking recipes. Macadamia nuts, Brazil nuts, and other tree nuts also attract consumers due to their unique flavors, textures, and health benefits.

Nut oils, flours, and nut-based products cater to the growing demand for plant-based alternatives and healthier food choices. Nut harvesting, storage, and distribution systems have evolved with innovations in technology, en

In the marketing year of 2021/22, total production of tree nuts amounted to over 5.36 million metric tons worldwide. By 2023/2024, global production of tree nuts had increased slightly, reaching about 5.69 million metric tons that year.

The global tree nuts market, valued at $37.48 billion in 2025, is projected to experience steady growth, exhibiting a compound annual growth rate (CAGR) of 3.3% from 2025 to 2033. This growth is fueled by several key factors. Rising consumer awareness of the health benefits associated with tree nuts—high in protein, fiber, and healthy fats—is driving increased demand. The growing popularity of plant-based diets and the incorporation of tree nuts into various food products, from confectionery to savory dishes, further contribute to market expansion. Furthermore, the increasing disposable incomes in developing economies are broadening the consumer base and increasing purchasing power, leading to higher consumption rates. However, price volatility linked to fluctuating agricultural yields and potential supply chain disruptions pose challenges to consistent market growth. Furthermore, allergic reactions to certain tree nuts remain a significant concern, potentially limiting consumption for a segment of the population. The market is segmented by various types of tree nuts (almonds, walnuts, cashews, etc.), distribution channels (retail, wholesale, online), and geographical regions, each exhibiting unique growth trajectories. Key players in the market—including Golden Peanut Company, Olam International, and Blue Diamond Growers—are focusing on product innovation, strategic partnerships, and expansion into new markets to maintain a competitive edge. The forecast period of 2025-2033 indicates a continuation of this positive growth trend, with market size steadily expanding. However, the industry is likely to face ongoing pressure to manage supply chain efficiency and maintain consistent pricing. Companies will need to focus on sustainable sourcing practices, addressing concerns about environmental impact and resource management, to ensure long-term growth and viability. Research and development efforts targeting new product formulations and healthier processing techniques will also play a crucial role in shaping the future of the tree nuts market. The rising popularity of snacking and the convenience of pre-packaged tree nuts contribute to the market's positive outlook, although factors such as changing consumer preferences and the emergence of competing healthy snacks will require continuous market adaptation.

In recent years, the noncitrus fruit and nut industry has seen an increase in revenue, driven by high prices, despite significant challenges. Climatic disruptions, such as droughts and hurricanes, have impacted production and yields for many key crop segments, forcing farmers to adopt climate adaptation strategies, including improved irrigation systems and climate-resilient crop strains. Even though revenues have increased, high input costs for fertilizers, water and labor have squeezed profit as fruit and nut prices have failed to keep up. Over the current period, industry revenue is estimated to have increased at a CAGR of 0.6% to $34.4 billion despite an anticipated decline of 1.1% in 2025. Recent trade tensions, fueled by tariffs from key partners like China and Canada, have significantly impacted the noncitrus fruit and nut industry. These tariffs have made US products more expensive abroad, reducing their competitiveness and affecting export volumes. Additionally, higher import costs for essential materials, such as fertilizers and packaging, have increased production expenses for farmers. To navigate these challenges, some are diversifying into new markets, but the overall pressure on costs and exports remains a critical concern for the industry. Over the next few years, revenue for the industry is expected to grow at a CAGR of 1.2% to $36.4 billion. Looking ahead, prices for noncitrus fruit and tree nuts are set to continue on their upward trend, driven by the same climate and global pressures that have persisted in recent years. The increasing adoption of precision agriculture promises to improve yields and reduce costs, offering a promising path to profitability. Additionally, a greater focus on sustainability and organic production aligns with consumer preferences, presenting new opportunities. This shift will be supported by rising disposable incomes, which will allow more consumers to prioritize and afford premium-priced, sustainable products. However, the industry will need to navigate ongoing climate and trade challenges to realize its full potential in the coming years.

Explore the significant industry of nut production and learn about the top nut-producing countries, popular nut varieties, cultivation process, harvesting methods, and the increasing global demand for nuts due to their health benefits and culinary versatility.

The global flavored nut market is experiencing robust growth, driven by increasing consumer demand for convenient, flavorful snacks and the rising popularity of healthy and nutritious food options. The market, estimated at $5 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 7% from 2025 to 2033. This growth is fueled by several key factors, including the expanding product portfolio featuring diverse nut types (walnuts, pecans, cashews, pine nuts, and others) and innovative flavor profiles catering to evolving consumer preferences. The increasing availability of flavored nuts through online and offline retail channels further contributes to market expansion. The Asia-Pacific region, particularly China and India, are significant growth drivers, due to their large populations and rising disposable incomes. However, price fluctuations in raw materials and potential health concerns related to high sugar and salt content in certain flavored nut products represent key restraints to market growth. Major players like Kerry Group, Olam International, and Besana are actively shaping the market through product innovation, strategic partnerships, and expansion into new geographical territories. The market segmentation, encompassing various nut types and sales channels, presents opportunities for targeted marketing and product development, allowing companies to capture specific consumer segments. The continued expansion of the flavored nut market is expected to be influenced by several trends, including the growing demand for premium and organic products, an increased focus on sustainability and ethical sourcing, and the development of unique flavor combinations to meet evolving consumer preferences. The rising popularity of flavored nuts as an ingredient in various food and beverage products is also a significant factor. Innovation in packaging and product formats, such as single-serving pouches and resealable containers, will play a crucial role in enhancing product appeal and convenience. Furthermore, increasing health consciousness among consumers is driving demand for flavored nuts with reduced sugar and salt content or those that highlight additional health benefits, presenting both opportunities and challenges for manufacturers in the years to come. Competition among existing and new market entrants will likely intensify, requiring continuous innovation and adaptation to maintain market share.

The global edible nuts market is expected to reach a market valuation of USD 87.9 billion in 2023. It is likely to accelerate at a robust CAGR of 7.9% from 2023 to 2033. In 2033, the market is slated to reach a USD 191.3 billion.

Global Nuts market size is expected to reach $79 billion by 2029 at 6.2%, segmented as by almonds, raw almonds, roasted almonds, salted almonds, flavored almonds, sliced almonds, almond butter, almond milk, almond flour, blanched almonds

The global nut fruits industry, valued at approximately $XX million in 2025, is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 6.46% from 2025 to 2033. This expansion is fueled by several key drivers. Increasing consumer awareness of the significant health benefits associated with nut consumption, including their rich content of essential fatty acids, proteins, and fiber, is a primary factor. The rising prevalence of health-conscious lifestyles and dietary shifts towards plant-based proteins further bolster market demand. Furthermore, the growing popularity of nut-based products in various food categories, such as confectionery, baked goods, and dairy alternatives, is significantly contributing to market growth. The organic segment is witnessing particularly strong growth, driven by increasing consumer preference for natural and sustainably produced food products. This trend is expected to continue, creating substantial opportunities for organic nut producers and processors. Geographical expansion into emerging markets with rising disposable incomes and changing dietary habits also presents a significant avenue for growth. However, certain restraints pose challenges to the industry's expansion. Fluctuations in nut prices due to factors like weather conditions and crop yields can impact profitability and market stability. Furthermore, stringent regulations concerning food safety and labeling, particularly regarding allergens, add to the operational complexities for manufacturers. Competition among established players and the emergence of new entrants necessitates a focus on innovation and product differentiation to maintain a strong market position. Despite these challenges, the overall outlook for the nut fruits industry remains positive, with significant growth potential driven by consumer health consciousness and increasing product diversification across various applications. The market's segmentation, encompassing diverse product types (almonds, cashews, walnuts, etc.), categories (conventional and organic), forms (whole, roasted, diced), and distribution channels (offline and online), reflects the industry's broad appeal and adaptability. Recent developments include: In June 2022, Daily Crunch launched Cinnamon Java Sprouted Nut Medley in various flavors. This product is made using the company's patent-pending sprout and dehydrates process, transforming ordinary nuts into crunchy snacks with enhanced flavors., In May 2022, VKC Nuts expands its product portfolio and announced the launch of 'Bactopure'. This is a range of pasteurized nuts & dried food that is sold under the brand and 'Nutraj'., In September 2020, Seeberger's Organic Nut Snacking line was expanded to include roasted almonds, Brazil nuts, walnuts, and unsalted roasted cashews to accompany its existing organic nut snack line.. Notable trends are: New production modifications and the rise of organic farming are boosting the growth of the market.

The global roasted seeds and nuts market is experiencing robust growth, driven by increasing consumer demand for convenient, healthy, and flavorful snacks. The market, currently valued at approximately $15 billion (an estimation based on typical market sizes for similar snack food categories and provided CAGR), is projected to exhibit a compound annual growth rate (CAGR) of 5% from 2025 to 2033. This growth is fueled by several key factors. Firstly, the rising prevalence of health-conscious consumers seeking nutritious alternatives to processed snacks is boosting demand for roasted seeds and nuts, which are rich in protein, fiber, and healthy fats. Secondly, the expanding retail landscape, particularly the growth of online retailers and convenience stores, provides wider accessibility to these products, facilitating market expansion. Furthermore, innovative product offerings, such as flavored and seasoned varieties, cater to evolving consumer preferences, further stimulating market growth. However, price fluctuations in raw materials and potential health concerns related to aflatoxins in some nuts represent significant challenges. Segmentation analysis reveals that hypermarkets and supermarkets hold the largest market share, followed by convenience stores and online retailers. The seed nuts segment currently dominates in terms of volume, but the tree nuts segment is expected to witness faster growth due to premium pricing and increasing consumer preference for diverse flavors and textures. Key players in the market, including The Wonderful Company, Blue Diamond, and Hormel Foods, are strategically investing in research and development, product diversification, and strategic partnerships to maintain their competitive edge. Geographical analysis indicates that North America and Asia Pacific are the leading regions, with China and the United States driving significant market share. Growth in emerging economies, fueled by rising disposable incomes and changing lifestyles, presents lucrative opportunities for market expansion in the coming years. The market's trajectory suggests sustained growth, driven by consumer health consciousness, expanding retail channels, and strategic market maneuvering by key players.