The North America Nuts Market would witness market growth of 5.4% CAGR during the forecast period (2023-2030).
Consumers' increasing awareness of the health advantages of these foods, which are a rich source of antioxidants, vitamins, protein, fiber, and other essential minerals, is driving market expansion. In addition, the expansion of the nut refreshment industry in developing economies has contributed to the market's growth in recent years. The increasing population, urbanization, and disposable income of consumers have increased the consumption of pecans, which has anticipated the market's growth. In developed regions, the market is also propelled by convenience foods such as nut snacks.
In addition, new, innovative flavored nut product manufacturers anticipate market expansion during the forecast period. In addition, ever-evolving lifestyles and demographics, such as the growing number of working women, have led to a substantial market expansion. However, government restrictions and the expensive price of nuts are impeding market expansion. Various modifications have been made to nut production to improve quantity and quality, including mechanization, better planting practices, and higher-quality raw materials.
As a result of these modifications, agroecological management and cropping systems have produced convincing results. With the new modifications in farming and the integration of organic farming into nut farming, growers can now commercialize, diversify, and export their products to an international marketplace by providing high-quality nuts. In the forecasted period, the market is expected to grow steadily because of the significant development in the production, added value, and commercialization sectors.
North American consumers are increasingly focused on health and wellness. Nuts are perceived as a nutritious and natural snack option, high in protein, healthy fats, fiber, vitamins, and minerals. This aligns with the growing interest in healthier eating habits. Snacking between meals is prevalent in North America, and nuts are a convenient and satiating snack choice. They are often preferred over less nutritious snack options. North America has access to various nut types, including almonds, walnuts, peanuts, cashews, pistachios, and pecans. This diverse selection caters to different taste preferences and dietary needs. Nut brands in North America often invest in marketing and promotional campaigns that highlight nuts' nutritional benefits and versatility. These efforts increase consumer awareness and demand.
The US market dominated the North America Nuts Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $16,793.9 million by 2030. The Canada market is exhibiting a CAGR of 7.7% during (2023 - 2030). Additionally, The Mexico market would experience a CAGR of 6.8% during (2023 - 2030).
Based on Distribution Channel, the market is segmented into Offline and Online. Based on Product, the market is segmented into Peanuts, Almonds, Cashew, Walnuts, Hazelnuts, Pistachios and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Nuts Market is Predict to reach $77 Billion by 2030, at a CAGR of 5.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Diamond Foods, LLC, Blue Diamond Growers, Inc., Olam Group Limited, Hines Nut Company, Germack Roasting Company, LLC, Hampton Farms, Mariani Nut Company, Durak Findik, Grower Direct Nut Company, Inc., and John B. Sanfilippo & Son, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
By Product
- Peanuts
- Almonds
- Cashew
- Walnuts
- Hazelnuts
- Pistachios
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Diamond Foods, LLC
- Blue Diamond Growers, Inc.
- Olam Group Limited
- Hines Nut Company
- Germack Roasting Company, LLC
- Hampton Farms
- Mariani Nut Company
- Durak Findik
- Grower Direct Nut Company, Inc.
- John B. Sanfilippo & Son, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Nuts Market, by Distribution Channel
1.4.2 North America Nuts Market, by Product
1.4.3 North America Nuts Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. North America Nuts Market by Distribution Channel
4.1 North America Offline Market by Country
4.2 North America Online Market by Country
Chapter 5. North America Nuts Market by Product
5.1 North America Peanuts Market by Country
5.2 North America Almonds Market by Country
5.3 North America Cashew Market by Country
5.4 North America Walnuts Market by Country
5.5 North America Hazelnuts Market by Country
5.6 North America Pistachios Market by Country
5.7 North America Others Market by Country
Chapter 6. North America Nuts Market by Country
6.1 US Nuts Market
6.1.1 US Nuts Market by Distribution Channel
6.1.2 US Nuts Market by Product
6.2 Canada Nuts Market
6.2.1 Canada Nuts Market by Distribution Channel
6.2.2 Canada Nuts Market by Product
6.3 Mexico Nuts Market
6.3.1 Mexico Nuts Market by Distribution Channel
6.3.2 Mexico Nuts Market by Product
6.4 Rest of North America Nuts Market
6.4.1 Rest of North America Nuts Market by Distribution Channel
6.4.2 Rest of North America Nuts Market by Product
Chapter 7. Company Profiles
7.1 Diamond Foods, LLC (Blue Road Capital)
7.1.1 Company Overview
7.1.2 Recent strategies and developments:
7.1.2.1 Product Launches and Product Expansions:
7.1.3 SWOT Analysis
7.2 Blue Diamond Growers, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Recent strategies and developments:
7.2.3.1 Product Launches and Product Expansions:
7.2.4 SWOT Analysis
7.3 Olam Group Limited (Temasek Capital)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 SWOT Analysis
7.4 Hines Nut Company
7.4.1 Company Overview
7.4.2 SWOT Analysis
7.5 Germack Roasting Company, LLC
7.5.1 Company Overview
7.5.2 SWOT Analysis
7.6 Hampton Farms
7.6.1 Company Overview
7.6.2 SWOT Analysis
7.7 Mariani Nut Company
7.7.1 Company Overview
7.7.2 SWOT Analysis
7.8 Durak Fındık San. ve Tic A.S
7.8.1 Company Overview
7.8.2 SWOT Analysis
7.9 Grower Direct Nut Company, Inc.
7.9.1 Company Overview
7.9.2 SWOT Analysis
7.10. John B. Sanfilippo & Son, Inc.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Research & Development Expenses
7.10.4 SWOT Analysis
TABLE 1 North America Nuts Market, 2019 - 2022, USD Million
TABLE 2 North America Nuts Market, 2023 - 2030, USD Million
TABLE 3 North America Nuts Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 4 North America Nuts Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 5 North America Offline Market by Country, 2019 - 2022, USD Million
TABLE 6 North America Offline Market by Country, 2023 - 2030, USD Million
TABLE 7 North America Online Market by Country, 2019 - 2022, USD Million
TABLE 8 North America Online Market by Country, 2023 - 2030, USD Million
TABLE 9 North America Nuts Market by Product, 2019 - 2022, USD Million
TABLE 10 North America Nuts Market by Product, 2023 - 2030, USD Million
TABLE 11 North America Peanuts Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Peanuts Market by Country, 2023 - 2030, USD Million
TABLE 13 North America Almonds Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Almonds Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Cashew Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Cashew Market by Country, 2023 - 2030, USD Million
TABLE 17 North America Walnuts Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Walnuts Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Hazelnuts Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Hazelnuts Market by Country, 2023 - 2030, USD Million
TABLE 21 North America Pistachios Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Pistachios Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 25 North America Nuts Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Nuts Market by Country, 2023 - 2030, USD Million
TABLE 27 US Nuts Market, 2019 - 2022, USD Million
TABLE 28 US Nuts Market, 2023 - 2030, USD Million
TABLE 29 US Nuts Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 30 US Nuts Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 31 US Nuts Market by Product, 2019 - 2022, USD Million
TABLE 32 US Nuts Market by Product, 2023 - 2030, USD Million
TABLE 33 Canada Nuts Market, 2019 - 2022, USD Million
TABLE 34 Canada Nuts Market, 2023 - 2030, USD Million
TABLE 35 Canada Nuts Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 36 Canada Nuts Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 37 Canada Nuts Market by Product, 2019 - 2022, USD Million
TABLE 38 Canada Nuts Market by Product, 2023 - 2030, USD Million
TABLE 39 Mexico Nuts Market, 2019 - 2022, USD Million
TABLE 40 Mexico Nuts Market, 2023 - 2030, USD Million
TABLE 41 Mexico Nuts Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 42 Mexico Nuts Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 43 Mexico Nuts Market by Product, 2019 - 2022, USD Million
TABLE 44 Mexico Nuts Market by Product, 2023 - 2030, USD Million
TABLE 45 Rest of North America Nuts Market, 2019 - 2022, USD Million
TABLE 46 Rest of North America Nuts Market, 2023 - 2030, USD Million
TABLE 47 Rest of North America Nuts Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 48 Rest of North America Nuts Market by Distribution Channel, 2023 - 2030, USD Million
TABLE 49 Rest of North America Nuts Market by Product, 2019 - 2022, USD Million
TABLE 50 Rest of North America Nuts Market by Product, 2023 - 2030, USD Million
TABLE 51 Key Information – Diamond Foods, LLC
TABLE 52 Key Information – Blue Diamond Growers, Inc.
TABLE 53 Key Information – Olam Group Limited
TABLE 54 Key Information – Hines Nut Company
TABLE 55 Key Information – Germack Roasting Company, LLC
TABLE 56 Key Information – Hampton Farms
TABLE 57 Key Information – Mariani Nut Company
TABLE 58 Key Information – Durak Fındık San. ve Tic A.S
TABLE 59 Key Information – Grower Direct Nut Company, Inc.
TABLE 60 Key Information – John B. Sanfilippo & Son, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Nuts Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Nuts Market
FIG 4 Porter’s Five Forces Analysis - Nuts Market
FIG 5 North America Nuts Market share by Distribution Channel, 2022
FIG 6 North America Nuts Market share by Distribution Channel, 2030
FIG 7 North America Nuts Market by Distribution Channel, 2019 - 2030, USD Million
FIG 8 North America Nuts Market share by Product, 2022
FIG 9 North America Nuts Market share by Product, 2030
FIG 10 North America Nuts Market by Product, 2019 - 2030, USD Million
FIG 11 North America Nuts Market share by Country, 2022
FIG 12 North America Nuts Market share by Country, 2030
FIG 13 North America Nuts Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: Diamond Foods, LLC
FIG 15 SWOT Analysis: Blue Diamond Growers, Inc.
FIG 16 Swot Analysis: Olam Group Limited
FIG 17 SWOT Analysis: Hines Nut Company
FIG 18 SWOT Analysis: Germack Roasting Company, LLC
FIG 19 SWOT Analysis: Hampton Farms
FIG 20 SWOT Analysis: Mariani Nut Company
FIG 21 SWOT Analysis: Durak Fındık San. ve Tic A.S
FIG 22 SWOT Analysis: Grower Direct Nut Company, Inc.
FIG 23 SWOT Analysis: John B. Sanfilippo & Son, Inc.