According to the Food Safety and Standards (Food Products Standards and Food Additives) Amendment Regulations, 2016 ‘Dried fruit, nuts, and seeds’ come under the category of processed foods. The FSSAI has defined dried fruits, nuts and seeds as products from which water is removed to prevent microbial growth which includes dried fruit leathers (fruit rolls) prepared by drying fruit purees. Such as cashew nut, almond, raisins, dried apple slices, figs, copra (dried coconut whole or cut), dried shredded or flaked coconut, prunes, dehydrated fruits etc.
The article cited AMA's "Global Nuts and Seeds Market Study" explored substantial growth in North America and CAGR of 2.1%. According to the report, Growing Vegan Population Leads to Boost the Market
is one of the primary growth factors for the market. Health Benefits of Nuts and Seeds
is also expected to contribute significantly to the Nuts and Seeds market. Overall, Bakery and Confectionery
applications of Nuts and Seeds, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Distribution Channels, such as Hypermarket & Supermarket, is boosting the Nuts and Seeds market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Nuts and Seeds market identified that the demand is rising in many different parts of the world as "New Product Development in Food Industries
". Furthermore, some recent industry insights like "In January 2019 Blue Diamond Growers, the world’s leading processor and marketer of almonds have started the expansion of its award-winning processing facility in Turlock, CA. This expansion will bring new value-added product lines to deliver the innovations of new almonds products worldwide." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Nuts and Seeds market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Nuts and Seeds market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Nuts and Seeds market size is calculated using market estimation process, the Nuts and Seeds market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Nuts and Seeds market size has been validated using both top-down and bottom-up approaches.