Packaged Nuts & Seeds Market to Grow with a CAGR of 3.8% Globally through 2029
Global Packaged Nuts & Seeds Market continues to evolve,
driven by increasing awareness of the health benefits of nuts and seeds, rising
disposable incomes.
According to TechSci Research report, “Global Packaged
Nuts & Seeds Market - Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2029”, the Global Packaged Nuts & Seeds
Market stood at USD 60.4 Billion in 2023 and is anticipated to grow with a CAGR
of 3.8% in the forecast period, 2025-2029. The global packaged nuts and seeds
market has experienced significant growth and transformation in recent years,
driven by evolving consumer preferences, health-conscious lifestyles, and innovative
product offerings.
The global packaged nuts and seeds
market has emerged as a robust segment within the broader snacking industry,
driven by a confluence of factors that appeal to a diverse consumer base. Nuts
and seeds are recognized for their nutritional value, offering essential
nutrients such as protein, healthy fats, vitamins, and minerals. As consumers
increasingly prioritize healthier food choices and adopt mindful snacking
habits, the demand for packaged nuts and seeds has witnessed a substantial
uptick.
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The pervasive trend towards health and wellness has
significantly contributed to the popularity of packaged nuts and seeds.
Consumers are seeking snacks that not only satisfy their taste buds but also
align with their health goals. Nuts and seeds, being nutrient-dense and
associated with various health benefits, have positioned themselves as go-to
choices for health-conscious individuals. The market has responded with
innovative products, emphasizing nutritional content and promoting the
functional benefits of different nut and seed varieties. The modern lifestyle,
characterized by busy schedules and on-the-go habits, has fueled the demand for
convenient and portable snacks. Packaged nuts and seeds, offering a combination
of nutrition and convenience, have become staples in the snacking culture. The
ease of consumption without the need for refrigeration, coupled with longer
shelf life, positions these products as ideal solutions for consumers seeking
quick and healthy snacking options.
The rise of plant-based and vegan lifestyles has
reshaped the food industry, and packaged nuts and seeds have emerged as natural
choices for individuals following these dietary preferences. Nuts and seeds are
inherently plant-based, providing a rich source of protein and other essential
nutrients. As ethical and environmental considerations drive consumers towards
plant-based alternatives, the packaged nuts and seeds market benefits from the
increasing adoption of plant-centric diets. The market has witnessed a surge in
flavor innovation and product diversification, reflecting the dynamic
preferences of consumers. Manufacturers are introducing an array of flavored
nuts and seeds, ranging from traditional options like salted and roasted to
more adventurous and exotic choices. Product diversification includes the
introduction of mixed nut assortments, trail mixes, and specialty blends, catering
to a wide spectrum of taste preferences and expanding the market's reach.
The digital revolution has reshaped consumer shopping
habits, and the packaged nuts and seeds market is no exception. E-commerce and
online retail platforms have become crucial channels for reaching a global
audience. The convenience of online shopping, coupled with the ability to
explore a diverse range of products and make informed choices, has
significantly influenced the market. Direct-to-consumer channels, subscription
services, and bulk ordering options contribute to the market's growth in the
digital landscape. The trend towards functional and healthy snacking continues
to gain momentum, influencing product formulations, marketing strategies, and
consumer preferences. The market is witnessing an influx of products with added
health benefits, catering to consumers seeking snacks that contribute to
overall well-being.
The global dairy-free ice cream market is segmented
into type, form, distribution channel, and region.
Most nuts, including almonds, hazelnuts, walnuts, cashews, peanuts, pecans, and pistachios, are rich in omega-6, omega-3 polyunsaturated, and monounsaturated fats, with a minor amount of saturated fats. These nutritional components may contribute to reducing the risk of conditions such as metabolic syndrome, high cholesterol levels, and high blood pressure. In terms of geographical distribution, North America has emerged as the primary regional market and is poised to maintain its dominance throughout the forecast period. The presence of numerous bakeries and candy factories in the United States has established the region as a significant consumer of nuts and seeds on a global scale. North America has also witnessed the highest number of new product introductions in recent years.
Major companies operating in global Packaged Nuts
& Seeds market are:
- Bayer AG
- Syngenta Crop Protection AG
- SunOpta Inc.
- Blue Diamond Growers
- ADVANTA SEEDS PTY LTD.
- ITC Limited
- Pioneer Hi-Bred International, Inc.
- Select Harvests Limited
- McCormick & Company, Inc.
- Olam International
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“The global packaged nuts and seeds market is
characterized by a combination of robust growth drivers, persistent challenges,
and transformative trends. As the industry continues to evolve, companies must
navigate complexities, innovate to meet changing consumer demands, and embrace
sustainability and ethical considerations. With a focus on quality,
differentiation, and adaptability, stakeholders in the packaged nuts and seeds
market can position themselves for success in a competitive and dynamic global
landscape”. said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based management consulting firm.
“Packaged Nuts & Seeds Market – Global Industry
Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Nuts
(Almonds, Cashews, Peanuts, Others) Seeds (Pumpkin Seeds, Sunflower Seeds, Chia
Seeds, Others)), By Form (Whole, Roasted, Salted, Flavored, Others), By
Distribution Channel (Convenience Stores, Supermarkets/Hypermarkets, Online,
Others), By Region, By Competition, 2019-2029, has evaluated the future growth
potential of global Dairy-Free Ice Cream market and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in the global Dairy-Free Ice Cream market.
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