Lucintel's latest market report analyzed that nut ingredient provides attractive opportunities in confectioneries, dairy products, bakery products, snacks & bars, desserts, cereals, and beverages. The nut ingredient market is expected to grow at a CAGR of 5%-7%. In this market, almonds are the largest segment by type, whereas snacks & bars are largest by application.
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Based on type, the nut ingredient market is segmented into almonds, walnuts, hazelnut, and cashews. The almonds segment accounted for the largest share of the market in 2020 as they have more acceptances due to enhanced taste and nutritional value.
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The nut ingredient market is marked by the presence of several big and small players. Some of the prominent players offering nut ingredient include Archer Daniels Midland Company, Olam International, Barry Callebaut, Kerry, and Kanegrade.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751

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