Packaged Nuts & Seeds Market Analysis Report By Product, By Form, By Region And Segment Forecasts From 2019 To 2025

Industry Insights

The global packaged nuts & seeds market size was estimated at USD 58.1 billion in 2018 and is anticipated to grow at a CAGR of 5.3% over the forecasted period, 2019 to 2025. Increasing awareness among customers regarding the health and nutritional advantages of seeds and nuts is driving the market growth. Moreover, packaging provides fresh and high-quality products for a longer duration is also gaining traction among consumers.

Nuts & seeds are enriched with nutritional elements such as fats, fibers, proteins, magnesium, antioxidants, phosphorous, and vitamins. All these nutritional benefits are influencing consumers to purchase packaged seeds. Furthermore, organic seeds are witnessing high demand due to the negative health impact related to them.

The sunflower seeds are growing in popularity due to their low cholesterol content. For example, the sunflower butter product is now used as an option for peanut-type butter. Thus, this trend is projected to boost the product demand over the next few years.

Furthermore, after the extraction and pressing of oil out of the seed, the fodder remains in the product. It contains over 30.0% of amino acids, methionine, and crude protein. Additionally, it is also used as a bird feeder. These benefits regarding the food are anticipated to propel market growth.

Product Insights

Based on the product, the nuts include hazelnuts, almonds, walnuts, peanuts, cashews, pistachios, and pecan which are comprised of omega 3 and 6 saturated fats. These ingredients are effective in high cholesterol, blood pressure, and metabolic syndrome.

Nuts consumption also reduces the risks of cancers and enhances blood levels. The almond is useful in lowering cholesterol levels. The nuts are also effective in the dieting process as it helps reduce blood pressure and weight loss.

In the U.S., according to the Department of Agriculture (USDA), the production of vegetable oil reached around 204 million tons growing at a rate of over 3.0% in the year 2019. This increasing oil application is expected to boost the growth of the seeds and nuts.

Form Insights

In 2018, depending on the type of form, the raw seed and nuts held the largest market share in the overall market. Nuts are roasted to enhance the flavor, texture, taste, and crunchiness. Roasting of products helps in improving the nuts flavor. Natural nuts are high in demand owing to their added natural flavors. 

All the seeds including sunflower, sesame seeds, and peanuts are roasted first and then followed by extraction of oil. Roasting first helps in reducing moisture content inside seeds. Direct extraction of oil can have impurities which are impacting the value of the oil. Thus, the increasing application of the seeds is expected to propel the product demand.

Regional Insights

In 2018, North America dominated the packaged nuts and seeds market with the largest market share of around 57.0% in the overall market. In the U.S., there is a high number of confectionery and bakery manufacturing units, which is expected to bolster the demand for seeds and nuts.

For instance, in 2019, the Almond Board of California has announced an investment of USD 5.9 million in around 85 research projects for exploring next-generation farming solutions to reduce water usage using advanced technology. The Asia Pacific region is estimated to grow at a CAGR of around 6.8% during the forecasted period. The increasing consumer shift towards nutritional and organic food products especially in countries such as India and China is proliferating market growth.

Impact of COVID-19

Due to the COVID-19 pandemic, there was a sudden short-term surge in the sale of nuts & seeds due to panic buying as people were stocking food due to uncertainty about what will happen next. Consumers were more inclined towards buying food products that could be stored over a longer period of time like seeds and nuts. However, due to lack of supply and closing down of production due to lockdown across the world, has led to a halt in revenue generation in the nuts & seeds market. However, production of nuts & seeds has resumed in many countries post lockdown, and supply is expected to improve over the next few months.

Packaged Nuts & Seeds Market Share Insights

Leading players include Bayer AG; Blue Diamond Growers; Syngenta; SunOpta; DuPont; McCormick & Company, Inc.; ITC Limited; Olam International, and Select Harvests Limited.

Major players focus on product innovation, mergers & acquisitions to expand their reach and product portfolio across the globe. For instance, in 2016, a Future consumer enterprise has introduced a brand called KARMIQ to offer premium quality dry foods. Additionally, the companies are focusing on expanding their distribution network across emerging markets.

Report Scope

Segments Covered in the Report 

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2015 to 2025. For the purpose of this study, Million Insights has segmented the global packaged nuts & seeds market report on the basis of product, form, and region:

• Product Outlook (Revenue, USD Billion, 2015 - 2025)
    • Nuts
        • Almonds
        • Hazelnuts
        • Walnuts
        • Cashews
        • Peanuts
        • Pistachios
        • Pecan Pieces
        • Others
    • Seeds
        • Sunflower Seeds
        • Chia Seeds
        • Sesame Seeds
        • Corn/Maize
        • Soybean
        • Others

• Form Outlook (Revenue, USD Billion, 2015 - 2025)
    • Raw
    • Roasted

• Regional Outlook (Revenue, USD Billion, 2015 -2025)
    • North America
        • U.S.
    • Europe
        • U.K.
        • Germany
    • The Asia Pacific
        • China
        • India
    • Central & South America
        • Brazil
    • Middle East & Africa (MEA)
        • South Africa