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Nut Ingredients Market (2025-2032)

to 2032 to reach $10.2 billion by 2032.

Published
Jan 2025
Pages
200
Format
PDF + Excel
Report ID
MRFB - 1041006
Market size · USD billion · 2024–2032Forecast 2025–2032 · CAGR in the full report
2032 · FORECAST
$10.20B
2032
$10.20B
CAGR 2025–2032
—
$15B$11.25B$7.5B$3.75B0
2024
2025
'26
'27
'28
'29
'30
'31
'32

2024 baseline · 2025–2032 forecast · hover a bar for the value

Key highlights

01

In 2025, the Almond Segment to Dominate the Nut Ingredients Market

02

Raw Segment is Expected to Account for the Largest Share of the Nut Ingredients Market in 2025

03

The Snacks & Bars Segment is Expected to Register the Highest CAGR During the Forecast Period

04

North America: The Dominating Regional Market

Report summary

ParticularsDetails
Estimated Year2025
Forecast Period2025–2032
Market Size (2032)USD 10.20 billion
FormatPDF, Excel & Cloud Portal · 200 pages
Segments CoveredBy Type: Almond, Cashew, Hazelnut, Walnut, Other Types · By Form: Raw, Roasted, Powdered, Cut, Other Forms · By Application: Confectionary Products, Bakery Products, Snacks & Bars, Dairy Products, Beverages, Other Products
Countries CoveredEurope (RoE), Asia-Pacific (RoAPAC)
Key CompaniesOlam International Limited, Terri Lynn, Inc., HBS Foods Ltd., Helios Ingredients Ltd

Report overview

Scope note

Segments covered: type, form, application. Regions: Europe, Asia-Pacific.

Nut ingredients refer to various edible parts of nuts that are used in commercial food and beverage processing. Nuts are nutrient-dense foods that provide essential vitamins, minerals, healthy fats, and protein. They can be consumed whole form, chopped, ground, or processed into nut-based products. Nuts, being the nutrition-packed ingredients, have gained popularity among the population adopting healthy food. Nuts are rich in fiber that helps maintain calories when added to the diet. Depending on their application, nuts can be consumed either raw or in different forms.

The growth of the nut ingredients market is mainly attributed to the growing preference for plant-based food products, product innovation and developments, changing food landscape and lifestyle, and growing focus on health and wellness. Furthermore, increased investments and expansion in nut-based products are expected to create market growth opportunities. However, fluctuating raw material prices and the prevalence of nut allergies restrain the growth of this market to some extent.

Report infographic

Nut Ingredients Market
Nut Ingredients Market · Report infographic

Market dynamics

1 factors across 1 force
01

Growing Preference for Plant-based Food Products

Plant-based food products often incorporate nut ingredients to enhance flavor, texture, and nutritional value. Nuts are a versatile and nutritious addition to plant-based diets, providing healthy fats, protein, vitamins, minerals, and a pleasing crunch. Due to health concerns, ethics, and sustainability, diets across the globe are changing. The rapid change in urbanization, lifestyle, industrialization, economic development, health & wellness trends among consumers, and rising awareness about health concerns with the long-term use of animal proteins has created immense growth opportunities for manufacturers of plant-based protein products. This traction in the plant-based protein products market is also supported by food security challenges in terms of growing demand from livestock animals and the human population to ensure the longer sustainability of the animal protein model.

Planned vegetarian and vegan diets are nutritionally adequate for pregnant women, children, and athletes. These plant-based diets reduce the risks of health conditions such as heart disease, Type 2 diabetes, hypertension, certain types of cancer, and obesity. Plant-based products are high in fiber and provide all the nutrients when planned well. Vegetarians and vegans use plant-based protein sources, such as beans, legumes, nuts, seeds, soy foods, and protein powders.

Another segment is the lactose-intolerant consumers, who demand dairy alternatives due to their impaired ability to digest lactose, a sugar found in milk and other dairy products. (Source: National Institutes of Health). Lactose tolerance is exceptionally widespread in Northern European countries like Sweden and Finland. In addition, Turkey, Italy, Germany, and Spain are also recorded to have some of the highest numbers of lactose-intolerant consumers, further leading to growing demand for almond milk, nut-based spreads, and butter. Therefore, the target market for plant-based food and beverage is not limited to vegans but includes a vast majority of consumers, including flexitarians, lactose-intolerant consumers, and even consumers looking for clean-label food and beverage options.

With food security challenges, the vegan food trend is gaining traction and will continue to evoke interest in the upcoming years. Food demand, therefore, should increase proportionally or even more because, at the same time, food behaviors are changing. In addition, F&B manufacturers from various countries are leveraging plants, creating new categories, and disrupting old ones. At various stages, most countries are already committed to the initial nutritional transition.

Thus, the growing demand for plant-based food products is further expected to drive the demand for nut ingredients.

Table of contents

11 chapters · 99 sections · 200 pages · click to expand
Review the full research scope before you buy. Chapters can also be purchased individually.

1.1Market Definition
1.2Market Ecosystem
1.3Currency
1.4Key Stakeholders

Segmental analysis

SegmentLargest share (2025)Fastest growth (2025–2032)
By TypeAlmond—
By FormRaw—
By Application—Snacks & bars
01

By Type

  • The Almond Segment to Dominate the Nut Ingredients Market
  • The almond segment is expected to dominate the global nut ingredients market.
  • The large market share of this segment is attributed to the rising almond consumption owing to their functional properties, including rich antioxidants, fiber, minerals, and vitamins, increasing demand for almonds in different food applications, increase in the vegan population leading to demand for almond milk, and low price of almonds compared to other nuts.
  • Also, the rising trend for assorted almonds is further expected to drive the growth of the almond segment.
CoversAlmondCashewHazelnutWalnutOther Types
02

By Form

  • Raw Segment is Expected to Account for the Largest Share of the Nut Ingredients Market in 2025
  • The raw segment is expected to account for the largest share of the global nut ingredients market.
  • The large share of this segment is mainly attributed to factors such as high shelf life compared to other forms, better absorption of nutrients, no contact with harmful chemical substances, and low cost.
CoversRawRoastedPowderedCutOther Forms
03

By Application

  • The Snacks & Bars Segment is Expected to Register the Highest CAGR During the Forecast Period
  • The snacks & bars segment is slated to register the highest CAGR during the forecast period.
  • The rapid growth of this segment is attributed to factors such as increasing demand for nutrition-packed convenience food, growing consumer demand for natural and healthy products, and increased new product launches with nuts as prominent ingredients in snacks & bars.
CoversConfectionary ProductsBakery ProductsSnacks & BarsDairy ProductsBeveragesOther Products

Geographic analysis

01

North America

Largest share

The nut ingredients market is segmented into five major regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2025, North America is expected to account for the largest share of the nut ingredients market. The large market share of this region is attributed to the well-established food & beverage industry; high awareness of the health benefits of nut ingredients; the growing popularity of protein bars, shakes, and cookies among millennials; the growing vegan population; and advancements in products enriched with nuts. North America: The Dominating Regional Market

02

Asia-Pacific

Fastest growth
RoAPAC

However, Asia-Pacific is slated to register the highest CAGR during the forecast period. The growth of this regional market is mainly attributed to factors such as changing lifestyles, the emerging trend of healthy food & food ingredients, increasing health consciousness, increasing raw material availability, and the expansion in the region by key players.

Competitive landscape

Companies profiled (4)
  • Olam International Limited
  • Terri Lynn, Inc.
  • HBS Foods Ltd.
  • Helios Ingredients Ltd

Frequently asked questions

The nut ingredients market is projected to reach $10.2 billion by 2032, at a CAGR of 6.1% from 2025 to 2032.

Cite this report

Meticulous Research. (2025). Nut Ingredients Market - Global Opportunity Analysis and Industry Forecast (2025-2032) (Report No. MRFB - 1041006). Meticulous Market Research Pvt. Ltd. https://www.meticulousresearch.com/product/nut-ingredients-market-5689

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