Nuts Market Size – By Product, Form, Application Industry Analysis, Share, Growth Forecast, 2025-2034

Nuts Market Size

The global nuts market was estimated at USD 61 billion in 2024. The market is expected to grow from USD 64.3 billion in 2025 to USD 91.2 billion in 2032, at a CAGR of 5%. Nut products are in demand on a global scale, and as a result, there is a continual increase in market growth. This growth can be attributed to the rise in people incorporating nuts as snacks, adopting a plant-based diet, and utilizing natural ingredients.
 

Nuts are often preferred and adopted by health-conscious people as they contain proteins, beneficial fats, and other important nutrients. There is an increase in the use of functional and nutritious ingredients in various industries, especially plants, beverages, and confectionery.
 

The segmentation scope for the market of nuts captures an expanding range of products including energy bars, nut-based milk, nut butters and plant protein products. The growth of veganism and plant-based nutrition is creating opportunities in vegan dairy substitutes and snacks. Sales of Aldi’s vegan products increased by 500% between January 2021 and January of 2022. Additionally, nuts are being included into new categories of healthy foods as marketers attempt to position weight, heart, and brain health as value adds to these functional foods.
 

To meet consumer demand, Aldi expanded their catalog of vegan products by 50%. The greater interest in vegan foods has boosted the need for nuts. There is also an increase in the demand for clean-label, organic non-genetically modified nuts and this impacts the market. Innovation in packaging, such as resealable and single-use containers, has rendered nuts more interesting and easier to eat. With the maturing of the market, growth is expected from innovations in health, traceable sourcing, and marketing transparency.
 

Nuts Market Trends

• Expansion in organic and non-GMO nut products: The increase in demand for organic non-GMO nuts is being fueled by a growing segment of the population that prefers clean label and organic options. Many research works have pointed out that consumers are increasingly to brand’s use of pesticide residues and genetically engineered crops. This has caused numerous brands to react by making available organically certified nuts. Additionally, there is an emerging phenomenon within the trend of consumption whereby there is an observable purchase of premium goods. This phenomenon has been observed in the nut industry too where consumers seem to focus more on the value and brand of sustainably sourced nuts. In response to this development, nut processors are escalating their investments in marketing and product innovations for organic, specialty and other types of certified nuts.
   
• Expansion of flavored and value-added nuts: E-commerce transformed the sale of nuts since DTC models are easy to operate. The internet allows ease of access, variety, and subscriptions which resulted in heightened sales of packages and bulk nuts. Mobile and social media advertisements as well as the introduction of online only products have also contributed to the growth of this segment. More consumers are buying nuts from online grocery stores, specialist food websites, and health-focused e-commerce platforms, further affirming the market’s digital shift.
   
• E-Commerce and direct-to-consumer growth: E-commerce transformed the sale of nuts since DTC models are easy to operate. The internet allows ease of access, variety, and subscriptions which resulted in heightened sales of packages and bulk nuts. Mobile and social media advertisements as well as the introduction of online only products have also contributed to the growth of this segment. More consumers are buying nuts from online grocery stores, specialist food websites, and health-focused e-commerce platforms, further affirming the market’s digital shift. In 2024, retail e-commerce sales are estimated to exceed USD 4.1 trillion worldwide, and this figure is expected to reach new peaks in the coming years.
   

Nuts Market Analysis

The segmentation of the nuts market consists of products such as almond, cashews, walnuts, pistachios, pecans, peanuts, hazelnuts, macadamia nuts, Brazil nuts and other nuts. In 2024, the almonds segment is projected to reach USD 17.2 billion and will expand at a rate of 6.1% of CAGR during the period of 2025-2034.
 

• The exceptional value, public demand, and widespread usage of almonds largely contributes to it being among the leading nuts in the market. People who are health conscious tend to opt for almonds because they have healthy fats, proteins, vitamins, and antioxidants. Almonds are present in snacks, dairy products, nut butters, and even baked goods.
   
• They are now used in dairy replacement foods. The increase in consumption of plant-based alternatives makes them adaptable for the expanding vegan community. Also, there is an increase in demand from the consumers for the ailing heart and obesity market which also drive the nuts market for almonds as the nuts are known to aid in heart and weight management.
   
• In addition, almonds are well-known in confectionery and protein bar markets, which solidifies their position as a key ingredient. New products with different tastes and designs, together with almonds that are ethically sourced, continue to reinforce their leadership in the market.
   

As of 2024, the nuts market is segmented into snack foods, bakery and confectionery, cereals and granola bars, nutritional and health foods, cooking and culinary applications, milk and dairy substitutes based on nuts, cosmetics and personal care products, and even industrial uses. The segment relating to snack foods accounted to 35.1% in the year 2024.
 

• The application of snacks in the market has been growing due to the high demand of consumers looking for healthy foods that are easy to consume. Due to the protein, fiber, and healthy fats found in nuts, they meet the need for a highly nutritious snack. Nuts have also become a suitable alternative to conventional snacks because of their portability.
   
• Their versatility has led them to become a popular single serving snack food and mixed snack food, and different types such as salted, roasted, or seasoned nuts have been created to cater to different preferences.
   

The nuts market is divided into categories of whole nuts, processed nuts, and nut butters which include chopped, sliced, or ground nut varieties. Share for the segment of whole nuts is projected at 56.6% in the year 2024.
 

• The market for nuts has evolved greatly from nut-based products to cashew, walnut, pistachio and almond whole nuts. This shift is entirely attributed to the noted unmatched health benefits attached to whole nuts.
   
• Whole nuts are the most preferred form because of the improvements they make in heart health, weight control, in addition to being an excellent protein source. Unlike other nuts, whole and unprocessed nuts provide a unique combination of health benefits that is not available anywhere else. They can be used as energy snacks, bars, and even in cooking and baking. The increasing demand for clean-label whole nuts suggests that consumers have a preference for wholesome foods while shunning processed food.
   

The nuts market is dominated by U.S, which was valued at USD 26.7 billion of total revenue in 2024.
 

• The rising popularity of vegan, gluten-free, and organic foods has supported the growth of the market in the United States as consumers constantly look for healthy substitutes. In addition, there is a well-established snack industry in the country which further propels growth.
   
• American companies are also leading in the innovation of packaging and variety of healthy, snackable, ready-to-eat nut products. Thus, the U.S. will keep dominating this market, especially with growing trends in health, sustainability and convenience.
   

Nuts Market Share

Top 5 companies include Borges Agricultural & Industrial Nuts, Olam International, Kraft Foods, Hines Nuts Company and Mariani Nut Company. The competition in the global market is stiff, as several key players collaborate with the aim a strategic growth through innovative expansion and diversification of products. A dominant player, Olam International, has a significant command of the raw and processed nuts markets owing to its enables and extensive supply chain and sourcing.
 

The company is known for its leadership in bulk sourcing and supply and thus can partner with food retailers and manufacturers. Well-known food behemoth Kraft Foods has a considerable market share in the processed and flavored nuts category, selling sought after snack foods from diverse portfolios of brands.
 

Borges Agricultural & Industrial Nuts has focused its reputation building on nuts of the Mediterranean which include organic almonds, walnuts, and pistachios. Leading U.S. company Hampton Farms has a stronghold in the peanut sector due to their farm to shelf model and active engagement in serving the consumer and food service industries. Focused on health, Mariani Nut Company also targets the premium nuts segment, specifically walnuts and almonds, thus providing strong competition to other brands.
 

Olam International, Kraft Foods, Borges Agricultural & Industrial Nuts, Hampton Farms, and Mariani Nut Company are the top five companies in the global nuts market in terms of their market share and influence.
 

These companies excel in the industry because of their widely distributed nuts brands and because they keep on developing new nut products. Furthermore, because of their global brand recognition and heightened awareness regarding health and plant protein, these companies will continue to dominate the market, through sustainability efforts, diversification, and partnerships.
 

Nuts Market Companies

Some of the eminent market participants operating in the nuts industry include:

• Borges Agricultural & Industrial Nuts
• Durak Findik
• Emerald Nuts
• Germack Pistachio Company
• Grower Direct Nut
• Hampton Farms
• Hines Nut Company
• Kraft Foods
• Mariani Nut Company
• Olam International
• Star Snacks
• Sun-Maid Tropical Foods
   

Companies engaging in the processing and marketing of nuts such as Hampton Farms, Borges Agricultural & Industrial Nuts, Durak Findik, Germack Pistachio Company, Grower Direct Nut, and Emerald Nuts, are some of the principal participants in the competitive structure of the nuts market. Each of these businesses captures a significant share of the marketplace with their specialty almonds, peanuts, hazelnuts, pistachios, and many others.
 

With strong positions in both use and export markets, Durak Findik is known as one of the best suppliers of hazelnuts Internationally. Borges Agricultural and Industrial Nuts differentiates itself from competitors by having ample exposure in the international market while offering a range of nuts and nut products for industrial consumption.
 

Germack Pistachio Company has a focus on quality and sustainable practices, allowing them to specialize in high quality pistachios. Emarald Nuts places great focus on engaging packaged nuts to snackers and offer numerous flavors and healthier nut snacks. Growers Direct Nut places emphasis on purchasing wet nuts directly from farmers, capturing the freshness. With a focus on plant-based snacks, Hampton Farms is mainly known for peanuts but is leveraging the surge in demand. The sustained efforts of these companies on product development, diversification, and innovative sustainable strategies is what's relentlessly increasing competition in the market.
 

Nuts Industry News:

• In July 2023, IGA’s exclusive brands introduced a new series of snack nuts containing cashews, peanuts, almonds, and mixed nuts.
   
• In May 2022, VKC Nuts unveiled ‘Bactopure’ under their flagship brand Nutraj, which is the first and only pasteurized nuts and dried fruits selection in India.
   

The nuts market research report includes an in-depth coverage of the industry with estimates and forecast in terms of revenue in USD Billion from 2021 – 2034 for the following segments:

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Market, By Product

• Almonds
• Walnuts
• Cashews
• Pistachios
• Peanuts
• Pecans
• Hazelnuts
• Brazil nuts
• Macadamia nuts
• Others

Market, By Form

• Whole nuts
• Processed nuts
• Nut butters
• Chopped, sliced, or ground nuts

 Market, By Application

• Snack foods
• Bakery and confectionery
• Cereals and granola bars
• Nutritional and health foods
• Cooking and culinary applications
• Nut-based milk and dairy alternatives
• Cosmetics and personal care
• Industrial use

The above information is provided for the following regions and countries:

• North America 
  • U.S.
  • Canada
• Europe 
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Russia
• Asia Pacific 
  • China
  • India
  • Japan
  • Australia
  • South Korea
• Latin America 
  • Brazil
  • Mexico
  • Argentina
• Middle East and Africa 
  • Saudi Arabia
  • South Africa
  • UAE