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Some of the major companies operating in the nuts market are
These companies focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.
The almonds segment generated USD 15.06 billion in revenue in 2022, owing to the increasing awareness about the health benefits associated with the consumption of almonds.
U.S. market size was valued at USD 23.83 billion in 2022, driven by rising disposable incomes, and the growing consumer interest in plant-based diets.
Nuts market size crossed USD 54.8 billion in 2022 and is set to reach USD 91.2 billion by the end of 2032, propelled by the rising health consciousness among consumers.
Some of the leading companies in the market are Diamond Foods, Inc. John B. Sanfilippo & Son, Kraft Foods Inc., Olam International Ltd, Borges Agricultural & Industrial Nuts, Hines Nut Company, Mariani Nut Company, Emerald Nuts, Germack Pistachio Company, Hampton Farms, Inc.