Europe Nut Products Market Size, Share & Industry Trends Analysis Report By Product Type, By Nut Type, By Category (Conventional and Organic), By Quality (Standard and Premium), By Application, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Europe Nut Products Market would witness market growth of 5.7% CAGR during the forecast period (2022-2028).
On the surface, the substantial fat and calorie content of nuts may make people believe that they should consume them in moderation. However, due to the abundance of nutrients in even a tiny serving, nutritionists have long advocated eating nuts. Nuts may reduce the risk of heart disease, type 2 diabetes, and weight gain, according to a number of studies.
Now, research from Harvard University has discovered that only a few servings of nuts each week may help maintain the health of the heart. The researchers examined data from many healthcare workers spanning as much as 32 years from the Nurses' Health Study and the Health Professionals Follow-Up Study.
The findings that these researchers found were published in the Journal of the American College of Cardiology. Lower risk of cardiovascular disease and coronary heart disease was observed in those who consumed an ounce of nuts five or more times per week as compared to those who never or almost never did. In a separate study, the researchers examined the health advantages of eating peanuts, walnuts, and peanut butter.
The demand in this region has expanded because of the surge in demand for far more nutrient-dense foods as well as the challenges presented by a large population with a high obesity rate. According to the 2019 data from the Center for the Promotion of Imports from Developing Countries, Europe is among the world's top importers of walnuts, making up approximately half of all imports. Due to a consumption trend toward better eating, walnut imports entering Europe are rising.
The Germany market dominated the Europe Nut Products Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $765.2 million by 2028.The UK market is anticipated to grow at a CAGR of 4.9% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 6.5% during (2022 - 2028).
Based on Product Type, the market is segmented into Nut Pastes/ Marzipan Paste/ Persipan Paste, Nut Butter, Nut Fillings with Cocoa, Nut Fillings without Cocoa, Caramelized Nuts and Nut Flour. Based on Nut Type, the market is segmented into Hazelnuts, Almonds, Peanuts, Walnuts, Cashews, Pistachios, Macadamias, Pine Nuts, Brazil Nuts and Others. Based on Category, the market is segmented into Conventional and Organic. Based on Quality, the market is segmented into Standard and Premium. Based on Application, the market is segmented into Industrial Food Manufacturers and Foodservice & Bakeries. Based on Industrial Food Manufacturers Type, the market is segmented into Chocolate Confectionery Products, Bakery Products, Ice Cream & Frozen Desserts, Beverages, Cereals & Snack Bars and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Nut Products Market will Hit $9.7 Billion by 2028, at a CAGR of 6.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Kerry Group PLC, The Barry Callebaut Group, Olam International Limited, Puratos NV/SA, Mount Franklin Foods, LLC, Zentis Group, Mandelin, Inc., Royal Nut Company, Kanegrade Ltd., and Blue Diamond Growers, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Product Type
- Nut Pastes/ Marzipan Paste/ Persipan Paste
- Nut Butter
- Nut Fillings with Cocoa
- Nut Fillings without Cocoa
- Caramelized Nuts
- Nut Flour
By Nut Type
- Pine Nuts
- Brazil Nuts
- Industrial Food Manufacturers
- Chocolate Confectionery Products
- Bakery Products
- Ice Cream & Frozen Desserts
- Cereals & Snack Bars
- Foodservice & Bakeries
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Kerry Group PLC
- The Barry Callebaut Group
- Olam International Limited
- Puratos NV/SA
- Mount Franklin Foods, LLC
- Zentis Group
- Mandelin, Inc.
- Royal Nut Company
- Kanegrade Ltd.
- Blue Diamond Growers, Inc.
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