Packaged Nuts & Seeds Market To Hit Value $83.4 Billion By 2025 |Grand View Research, Inc.


The global packaged nuts & seeds market size is expected to reach USD 83.4 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.3% over the forecast period. Shifting customer preference for nutritious food products is boosting the demand for the packaged nuts & seeds.
Moreover, increasing application of cashew, almonds, sesame, and sunflower seeds in confectionary, bakery, and other processed food products is expected to remain a favorable factor. Demand for sesame, chia, and sunflower seeds for the production of confectionary, bakery, ready to eat products, and medicinal products is on the rise. These seeds have numerous nutritional benefits and they act as anti-oxidants. Moreover, they are beneficial in the prevention of the cancer cells.
This strategy will provide a competitive edge in the market. Key manufacturers in the industry include Bayer AG; Syngenta; SunOpta; Blue Diamond Growers; ADVANTA SEEDS PTY LTD.; ITC Limited; DuPont (Pioneer Hi-Bred); Select Harvests Limited; McCormick & Company, Inc.; and Olam International.
Major manufacturers are adopting various strategies such as new product launches and mergers and acquisitions to cater to increasing demand and consumption in the packaged nuts & seeds market. Moreover, they are collaborating with snacks and ready to eat food chain companies and restaurants in order to launch new products in the market. For instance, in April 2016, Future Consumer Enterprise Ltd., a subsidiary of Future Group, launched a product line of premium nuts and dry fruits under the brand name ‘KARMIQ- Food that celebrates your youth’. These product launches will boost the product demand over the forecast period.
Asia Pacific countries such as India, Japan, and China are anticipated to witness substantial growth on account of increasing awareness regarding healthy food products. According to a report of the International Nut and Dried Fruit Council (INC), in 2016, the almond consumption of India was 82,915 million tons, whereas the consumption of Japan and China was 28,059 million tons and 21,885 million tons, respectively. In the similar line, India is the largest consumer of cashew nuts with a consumption of 301,719 million tons in 2016. This significant consumption of nuts in the countries of Asia Pacific is expected to remain a favorable factor prompting the industry participants to launch new packaged product forms.
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Further key findings from the study suggest:
·         By product, packaged nuts are expected to reach USD 45.8 billion by the end of 2025. Hazelnuts are expected to expand at a CAGR of 5.6% from 2019 to 2025
·         North America dominated the global market in 2018 and accounted for 56.8% share of the global revenue. This trend is projected to continue over the next few years
·         Key players include Bayer AG; Syngenta; SunOpta; Blue Diamond Growers; ADVANTA SEEDS PTY LTD.; ITC Limited; DuPont (Pioneer Hi-Bred); Select Harvests Limited; McCormick & Company, Inc.; and Olam International. Product innovation is projected to remain a key success factor over the next few years.
The global packaged nuts & seeds market size was valued at USD 58.1 billion in 2018. Rising awareness among consumers pertaining to the nutritional and health benefits associated with various types of nuts and seeds is boosting the demand in the market. Packaging ensures proper quality, product processing, and it increases the shelf life of the products. Moreover, it ensures to offer fresh, high quality, and clean products to the customers.
Seeds and nuts are a great source of various nutritional ingredients such as fiber, fats, vitamins, carbs, proteins, iron, magnesium, phosphorous, essential oils, and antioxidants. Therefore, they are also popularly consumed as a convenient and nutritious snack. Furthermore, rising health awareness is anticipated to remain a primary driving factor over the forecast period. Demand for organic seed is increasing in the agriculture industry owing to negative health issues associated with hazardous fertilizers.
Sunflower seeds processed products are replacing conventional products owing to their high nutritional and low cholesterol values. For instance, sunflower butter is gaining popularity as a better alternative to the peanut butter. Increasing sunflower related products will propel the market in the foreseeable future. These seeds are also widely used as bird feeds. After pressing and extraction of the oil from these seeds, valuable fodder remains a by-product, which comprises around 36.0% of crude protein, methionine, and amino acids. This by-product is used as bird feeds as well as an additive for the poultry and cattle fodder. This animal feed application is propelling the seeds market growth.
Most of the nuts including almonds, hazelnuts, walnuts, cashews, peanuts, pecans, and pistachios contain omega 6, omega 3 polyunsaturated, and monounsaturated fats with a slight amount of saturated fats. This may help to reduce the risk associated such as metabolic syndrome, high cholesterol level, and high blood pressure.
Moreover, eating nuts helps to improve the blood sugar level as well as lower the risk of certain kinds of cancers. Almonds are essential for lowering the LDL cholesterol, which is considered to be a bad cholesterol. In addition to this, almonds are consumed as a low calorie diet and they support in weight loss and lowering blood pressure.
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Edible oil is one of the largest applications of the seeds. According to the United States Department of Agriculture (USDA) forecast in 2018-19, the world vegetable oil production will witness a growth of more than 3.0% as compared to the previous year, which reached a record level of approximately 204 million tons.
Grand View Research has segmented the global packaged nuts & seeds market on the basis of product, form, and region:
Packaged Nuts & Seeds Product Outlook (Revenue, USD Billion, 2015 - 2025)
·         Nuts
o    Almonds
o    Hazelnuts
o    Walnuts
o    Cashews
o    Peanuts
o    Pistachios
o    Pecan Pieces
o    Others
·         Seeds
o    Sunflower Seeds
o    Chia Seeds
o    Sesame Seeds
o    Corn/Maize
o    Soybean
o    Others 
Packaged Nuts & Seeds Form Outlook (Revenue, USD Billion, 2015 - 2025)
·         Raw
·         Roasted
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.



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