Nuts Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Almonds, Cashews, Chestnuts, Hazelnuts, Pistachios, Others), By Form (Whole, Diced/Cut, Roasted, Granular), By End User (Household/Retail, Food Service Sector, Cafe, Catering, Others) By Sales Channel (Online, Departmental Stores, Supermarkets/Hypermarkets, Others (Direct Sales, etc.)), By Region, By Competition , 2021-2031F

Forecast Period	2027-2031
Market Size (2025)	USD 61.71 Billion
CAGR (2026-2031)	5.92%
Fastest Growing Segment	Hazelnuts
Largest Market	Europe
Market Size (2031)	USD 87.14 Billion

Market Overview

The Global Nuts Market will grow from USD 61.71 Billion in 2025 to USD 87.14 Billion by 2031 at a 5.92% CAGR. The Global Nuts Market encompasses the trade and consumption of nutrient-dense edible kernels, including tree nuts such as almonds, walnuts, and cashews, as well as legumes like peanuts. The market's expansion is fundamentally driven by the rising global demand for plant-based proteins and increasing consumer awareness regarding the cardiometabolic benefits of healthy fats. This trajectory is supported by robust agricultural output intended to meet consumption needs. According to the 'International Nut and Dried Fruit Council', in '2024', global tree nut production for the 2024/2025 season was forecasted to reach 6.2 million metric tons, representing an 8% increase from the previous year.

Despite this positive outlook, the market faces a significant challenge regarding climate variability and its direct impact on crop yields. Extreme weather events and water scarcity in key growing regions create supply chain instability and price volatility, which complicates forward planning for suppliers. These environmental pressures threaten to disrupt consistent production levels, potentially impeding the industry's ability to sustain long-term market expansion against growing demand.

Key Market Drivers

Rising global health consciousness and preventive wellness trends are the primary catalysts propelling the industry, as consumers increasingly prioritize nutrient-dense whole foods over processed snacks. This shift has necessitated a robust global trade network to satisfy the appetite for heart-healthy unsaturated fats and plant-based protein across diverse geographies. The surge in the international transfer of stock underscores this demand; according to the Almond Board of California, December 2024, in the 'November 2024 Position Report', export shipments reached 98,414 metric tons for the month, marking a substantial 21.9% increase compared to the previous year. This heightened trade activity reflects a structural change in dietary habits where nuts are no longer viewed merely as seasonal treats but as daily nutritional staples integral to long-term health management.

Concurrently, product innovation in flavored, seasoned, and premium roasted nuts is vital for sustaining market value and engaging younger demographics. Manufacturers are heavily investing in value-added processing to differentiate kernels through unique seasoning profiles and convenient packaging formats, thereby commanding higher margins than raw bulk sales. The financial success of such value-added strategies is evident in major cooperative performance; according to Blue Diamond Growers, October 2024, in the '2024 Annual Report', the organization achieved net sales of $1.33 billion, driven by its diverse portfolio of almond-based consumer products. To support this expanding array of applications, the broader supply base remains critical, with other varieties also seeing significant activity. According to the USDA Foreign Agricultural Service, in 2024, global walnut production was forecast to reach 2.7 million metric tons, ensuring ample raw material for these evolving commercial product lines.

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Key Market Challenges

Climate variability poses a severe obstacle to the growth of the Global Nuts Market by introducing a high degree of unpredictability into the supply chain. Nut orchards are biologically sensitive to environmental conditions, requiring stable temperatures and adequate water resources for optimal flowering and fruit set. However, the increasing frequency of extreme weather events, such as unseasonal frosts and prolonged droughts, directly disrupts these physiological processes, leading to erratic yields. This volatility hampers the industry's ability to engage in effective forward planning, as suppliers cannot guarantee the consistent volumes needed to secure long-term contracts with major food processors and retailers. Consequently, this supply insecurity creates price inflation and inventory shortages that can alienate cost-sensitive buyers, effectively stalling market expansion despite the underlying demand for healthy fats.

The direct impact of these environmental pressures is quantifiable in the performance of specific nut categories that serve as indicators of broader agricultural vulnerability. According to the 'International Nut and Dried Fruit Council', in '2025', global pine nut production was estimated to have declined by approximately 28% due to adverse weather conditions affecting key growing regions. Such sharp contractions in yield demonstrate how climate-induced production failures can rapidly erode market availability. This instability not only limits revenue potential for producers during affected seasons but also undermines the reliability required to sustain the market’s overall growth trajectory.

Key Market Trends

The Diversification of Plant-Based Nut Dairy and Meat Alternatives is reshaping the competitive landscape as manufacturers innovate beyond standard nut milks into complex analogues like fermented cheeses and meat substitutes. This trend is driven by technological advancements in processing that allow almonds and cashews to mimic the rheological properties of animal-based products, thereby appealing to the expanding flexitarian consumer base. Manufacturers are increasingly utilizing fermentation and precision formulation to replicate the melt and stretch of dairy cheese, creating new value streams for raw nut ingredients. The commercial viability of these novel formats is evident in category performance; according to the Plant Based Foods Association, June 2025, in the '2024 State of the Marketplace Report', plant-based cheese was the fastest-growing category, registering a 31% growth rate in the natural channel.

Simultaneously, the Adoption of Blockchain and QR-Enabled Supply Chain Traceability is becoming a standard operational imperative to ensure transparency and validate sustainability claims. Industry leaders are integrating digital verification tools with direct sourcing models to map the entire lifecycle of the nut, ensuring that ethical labor and environmental standards are met at the farm level. This commitment to granular supply chain visibility helps companies mitigate risks associated with opaque procurement and meets the stringent compliance demands of global retailers. This shift is quantifiable in the strategies of major suppliers; according to Olam Food Ingredients, December 2025, in the 'Nut Trails Impact Report', the company successfully expanded its traceable infrastructure, with over 4,000 additional cashew and hazelnut farmers joining its direct sourcing network in 2024.

Segmental Insights

The Hazelnuts segment is currently emerging as the fastest-growing category within the Global Nuts Market, driven primarily by escalating demand from the confectionery and bakery industries. This rapid expansion is largely fueled by the widespread inclusion of hazelnuts in chocolate products, spreads, and pastries. Furthermore, rising consumer interest in plant-based nutrition and heart-healthy diets has accelerated consumption. Regulatory bodies such as the U.S. Food and Drug Administration acknowledge the cardiovascular benefits of nuts, which further validates their inclusion in health-conscious diets. Consequently, manufacturers are actively expanding their product portfolios to meet this surging global demand.

Regional Insights

Europe holds the leading position in the Global Nuts Market, primarily driven by shifting consumer preferences toward healthier snacking and plant-based diets. The region experiences substantial demand from the confectionery and bakery industries, which extensively utilize tree nuts and peanuts as key ingredients. Furthermore, the European Food Safety Authority supports market stability through rigorous safety standards and approved health claims, encouraging manufacturers to innovate with nut-based functional foods. This combination of strong industrial application and widespread awareness of nutritional benefits secures Europe’s dominance in the sector.

Recent Developments

• In September 2024, Wonderful Pistachios launched a limited-edition seasonal flavor, No Shells Sweet Cinnamon, to its award-winning portfolio of shelled pistachio products. The new offering featured a blend of sweet spice, intended to provide a healthier, protein-rich alternative to indulgent holiday treats such as cinnamon rolls. Available in 5.5-ounce bags at retailers across the United States and online, this product represented the brand's first sweet flavor addition since 2019. The launch was supported by a dedicated marketing campaign aimed at capitalizing on the high demand for festive, guilt-free snacking options during the holiday season.
• In April 2024, Blue Diamond Growers announced a strategic partnership with Kagome Co., Ltd. to manage the production and distribution of its Almond Breeze brand in Japan. This collaboration was established to accelerate market growth and drive demand for almond milk products by utilizing Kagome's extensive distribution network and manufacturing expertise. The alliance focused on launching new products to address the increasing consumer interest in plant-based ingredients within the Japanese market. This strategic move underscored the cooperative's commitment to expanding its global footprint and maximizing value for its California almond grower-owners.
• In April 2024, the Planters brand, owned by Hormel Foods, introduced a flavor-forward innovation known as Planters Nut Duos. This new product line featured three distinct varieties, each combining two different types of nuts and two complementary flavors in a single package. The crave-worthy options included Buffalo Cashews paired with Ranch Almonds, Cocoa Cashews with Espresso Hazelnuts, and Parmesan Cheese Cashews with Peppercorn Pistachios. The launch was designed to deliver a unique snacking experience by blending distinct textures and tastes, specifically catering to consumer demand for dynamic and savory snack options.
• In February 2024, Diamond of California launched a new culinary innovation called Crunchy Nut Toppers, expanding its portfolio of specialty nut products. The company introduced these salad toppers in four distinct flavors, including Smoky Bacon Walnuts, Garden Ranch Walnuts, Glazed Walnuts, and Glazed Pecans. Featuring bite-sized pieces of nutrient-dense walnuts and pecans seasoned with simple ingredients, the line was designed to offer a wholesome crunch for salads and vegetable dishes. This launch aimed to provide health-conscious consumers with a convenient alternative to traditional toppings, reinforcing the brand's position in the nut-based culinary market.

Key Market Players

• John B. Sanfilippo & Son
• Olam International Ltd
• Diamond Foods, Inc.
• Kraft Foods Inc.
• Germack Pistachio Company
• Hines Nut Company
• Hampton Farms, Inc.
• Star Snacks Co., LLC
• Mariani Nut Company
• Borges Agricultural & Industrial Nuts

By Type	By Form	By End User	By Sales Channel	By Region
Almonds Cashews Chestnuts Hazelnuts Pistachios Others	Whole Diced/Cut Roasted Granular	Household/Retail Food Service Sector Cafe Catering Others	Online Departmental Stores Supermarkets/Hypermarkets Others (Direct Sales, etc.)	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Nuts Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Nuts Market, By Type:

• Almonds
• Cashews
• Chestnuts
• Hazelnuts
• Pistachios
• Others

• Nuts Market, By Form:

• Whole
• Diced/Cut
• Roasted
• Granular

• Nuts Market, By End User:

• Household/Retail
• Food Service Sector
• Cafe
• Catering
• Others

• Nuts Market, By Sales Channel:

• Online
• Departmental Stores
• Supermarkets/Hypermarkets
• Others (Direct Sales, etc.)

• Nuts Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE