Edible Nuts Market Scope
Edible nuts are snacks or dietary supplement which has high calorific value and are consumed owing to various health benefits they offer. These nuts are used for foods, oils, spices and beverages. Nuts, not only provide nutritional benefits but offer disease prevention benefits as well. These plant based versatile snacks contain high amount of protein and fiber making it suitable to use by medically ill persons. Owing to rise in consumption among children and millennial, manufacturers are focusing on producing snacks with added flavors. Also, green packaging is the new norms in snacking industry that companies can focus upon.
According to AMA, the Global Edible Nuts market is expected to see growth rate of 4.36%
Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Edible Nuts market throughout the predicted period.
Arimex [Lithuania], Olam International [Singapore], Sunbeam Foods [Australia], Sun-Maid Growers of California [United States], Diamond Foods [United States], Archer Daniels Midland [United States], Kanegrade [United Kingdom], Hines Dried Fruits and Edible Nuts Company [United States] and H.B.S. Foods [United Kingdom] are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Mariani Nut Co. [United States], Blue Diamond Growers [United States], Select Harvests Ltd [Australia], Waterford Nut Co. [United States], KP Nuts [United States], Acomo [Netherlands] and John B. Sanfilippo & Son, Inc. [United States].
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global Edible Nuts market by Type (Almonds, Cashews, Pistachios and Others) and Region with country level break-up.
On the basis of geography, the market of Edible Nuts has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Lithuania, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Snacks of all kind are subjected to provide labeling as per Food and Drug Administration (FDA) rules outlined in section 403 (a) (1) of the FD&C Act (21 U.S.C. 343(a)(1). Moreover, these packaged must bear health claim if need be. Any misleading claim can result in stringent action. Labeling of products provides information such as serving size, amount of calories, percentage daily values and other information which help consumer choose the right products that suit their nutritional needs.
- Growing Demand for Convenience and Clean Labels
- Focus on Product Innovation Through Addition of New Flavors
- Rising Health Awareness Among Consumers
- Health Benefits and Disease Prevention Ability Associated with Nuts Consumption
- Rise in Disposable Income in Emerging Countries
- Launch of New Products and Focus on Green Packaging
- Dominance of Local Manufactures
- High Cost of Edible Nuts Products
- Volatility in Raw Materials Prices
- Availability of Counterfeit Products
Key Target AudienceEdible Nuts Manufacturers, Raw Materials Suppliers, Nuts Suppliers/Distributors, Potential Investors, Research Institutes, Government Agencies and Others