Nuts And Nutmeals Market size was valued at USD 16.5 Billion in 2022 and is projected to reach USD 28.9 Billion by 2030, growing at a CAGR of 7.6% from 2024 to 2030.
The global nuts and nutmeals market has been witnessing considerable growth over the years, driven by the increasing consumer demand for healthy, plant-based alternatives to traditional snacks and proteins. Nuts and nutmeals are rich in essential nutrients, making them suitable for a wide range of applications across various industries, from food and beverages to cosmetics and pharmaceuticals. As consumers become more health-conscious, there is a growing interest in incorporating nuts and their byproducts into daily diets due to their high nutritional value, including healthy fats, proteins, vitamins, and antioxidants. This has led to a broadening of the market's application spectrum, with each segment catering to specific consumer preferences and industry needs.
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The food and beverages sector is one of the largest and fastest-growing applications of nuts and nutmeals. The rising awareness about healthy eating habits has driven the demand for plant-based ingredients, with nuts and nutmeals offering a highly nutritious, versatile option for food products. These include snacks, bakery items, confectionery, dairy alternatives, and plant-based milks. Nuts such as almonds, cashews, and walnuts are increasingly being used as key ingredients in energy bars, nut butters, and various other on-the-go snacks due to their rich nutrient profile and satisfying texture. Nutmeals, or finely ground nuts, are also used in gluten-free and vegan formulations, expanding their reach in plant-based and specialty food categories. In addition to packaged foods, nuts are also being incorporated into beverages. Nut-based milk alternatives, such as almond, cashew, and hazelnut milk, have gained significant market share, as they cater to consumers with lactose intolerance or those following plant-based diets. These milk alternatives are also used in smoothies, protein shakes, and plant-based coffee creamers. The trend towards clean labels and natural ingredients has further bolstered the use of nuts in the food and beverage industry, with manufacturers increasingly opting for minimal processing and adding these ingredients to functional food products for their health benefits. As consumer preferences shift toward healthier and more sustainable food choices, the application of nuts and nutmeals in this sector is expected to grow exponentially.
Nuts and nutmeals are increasingly being used in the pharmaceuticals and nutraceuticals industries, primarily for their beneficial effects on health. Rich in essential fatty acids, antioxidants, vitamins, and minerals, nuts are used in the development of dietary supplements and functional foods aimed at improving heart health, cognitive function, and overall well-being. The medicinal properties of certain nuts, like walnuts and almonds, have been recognized for their role in reducing inflammation, controlling blood sugar, and promoting cardiovascular health. These health benefits have prompted the inclusion of nuts and their derivatives in a variety of nutraceutical formulations, including capsules, powders, and functional beverages. Nutmeals, with their concentrated nutrient content, are also widely used in the creation of therapeutic products. The rising consumer demand for natural and plant-based supplements has further enhanced the growth of this application. The popularity of supplements for weight management, joint health, and skin care, alongside an increased inclination toward natural alternatives to synthetic medicines, has led to an uptick in the incorporation of nuts and nutmeals into various pharmaceutical products. As the demand for preventative healthcare grows, the market for nuts and nutmeals in pharmaceuticals and nutraceuticals is expected to see steady growth, driven by increasing awareness about the link between diet and health.
The use of nuts and nutmeals in the cosmetics and personal care industry has surged due to their skin-nourishing and antioxidant-rich properties. Nuts such as almonds, hazelnuts, and macadamia are utilized in a wide range of skincare products, including moisturizers, serums, exfoliants, and sunscreens. Their rich oil content helps hydrate the skin, making them ideal ingredients in formulations designed for dry or sensitive skin. Nutmeals are also included in exfoliating products as a natural alternative to synthetic microbeads, offering gentle abrasion without harming the skin. Additionally, the high levels of vitamin E found in nuts provide anti-aging benefits by reducing the appearance of wrinkles and fine lines, thus enhancing their popularity in anti-aging skincare lines. In hair care products, nut-based oils like argan and coconut oil are used for their conditioning and reparative properties, especially for damaged or brittle hair. Nutmeals can also be incorporated into hair masks and conditioners, as they help improve the texture and shine of hair. With the increasing consumer preference for natural and sustainable beauty products, the demand for nut-based ingredients in cosmetics and personal care items is expected to rise. This trend is further supported by the shift toward organic and cruelty-free cosmetics, which aligns well with the natural properties of nuts and nutmeals. As these ingredients offer both efficacy and sustainability, their application in the beauty industry is poised for continued growth.
Nuts and nutmeals have found a valuable application in the animal feed industry due to their high protein and fat content. Nutmeals, which are the byproducts of nut processing, are particularly rich in nutrients and are used as supplementary feed for livestock, poultry, and aquaculture. They help enhance the nutritional profile of animal diets, promoting better growth rates and overall health. For example, almond and cashew nutmeals are often used in poultry feed, where their high energy content supports optimal growth and egg production. Similarly, nutmeals are added to fish feed to improve the nutritional quality and boost the immune system of farmed fish. In addition to animal feed, certain nut oils and byproducts are utilized in agricultural applications, particularly as organic fertilizers and soil conditioners. These natural byproducts provide essential nutrients for soil health, promoting better crop yields. The growing trend toward organic and sustainable farming practices has led to increased interest in using nut-based byproducts in agriculture, as they align with environmentally friendly practices. As the demand for animal protein and sustainable farming solutions grows, the role of nuts and nutmeals in the agricultural sector is expected to expand, offering both economic and environmental benefits.
One of the most notable trends in the nuts and nutmeals market is the growing consumer preference for plant-based, gluten-free, and organic food products. Nuts are inherently gluten-free, making them a popular choice in the growing gluten-free food market. As a result, manufacturers are incorporating nuts into more food and beverage formulations, including snacks, dairy alternatives, and baked goods. The shift toward plant-based diets, driven by health, environmental, and ethical considerations, is expected to continue driving demand for nuts and their derivatives in a variety of products. Additionally, the increasing popularity of vegan, dairy-free, and lactose-free diets has fueled the demand for nut-based milk, cheese, and other dairy alternatives. Another key trend is the emphasis on sustainability and clean label products. Consumers are increasingly seeking products with minimal processing and natural ingredients, which has led to the growth of clean label products that highlight the natural goodness of nuts. Nutmeals, in particular, are favored for their minimal processing and concentrated nutrient profile, which makes them an attractive ingredient in health-focused formulations. The rising awareness of sustainability has also encouraged companies to adopt more eco-friendly practices, such as using sustainable farming methods for nut cultivation and reducing waste by utilizing nut byproducts in other industries.
One of the most significant opportunities in the nuts and nutmeals market lies in the growing demand for plant-based and functional food products. With consumers becoming more health-conscious and seeking natural, nutrient-dense alternatives, there is an increasing need for products that incorporate nuts and nutmeals as key ingredients. The rising popularity of vegan, vegetarian, and flexitarian diets presents a substantial opportunity for manufacturers to develop innovative products that cater to these dietary preferences. Additionally, the trend toward clean labels and transparency in ingredient sourcing is driving the demand for minimally processed nut-based products, providing a lucrative market for companies that focus on sustainability and ethical sourcing. Another opportunity exists in the burgeoning market for personalized nutrition and functional foods. As consumers seek products tailored to their specific health needs, nut-based supplements, protein powders, and nutraceuticals are gaining traction. With nuts known for their heart-healthy properties and other health benefits, the development of targeted products that address specific concerns such as weight management, digestive health, and cognitive function presents a significant growth opportunity. Furthermore, the increasing awareness of the potential health benefits of nutmeals in weight loss and metabolic health opens up new possibilities for product development, especially in the nutraceutical sector.
What are the health benefits of consuming nuts and nutmeals?
Nuts and nutmeals are rich in essential nutrients like healthy fats, proteins, and antioxidants, which support heart health, weight management, and overall well-being.
How are nutmeals used in the food industry?
Nutmeals are commonly used in gluten-free, vegan, and protein-rich food products, as well as in snacks, energy bars, and bakery items.
What is driving the demand for plant-based nut milk alternatives?
The increasing number of consumers adopting lactose-free, vegan, or plant-based diets has led to a rise in demand for nut-based milk alternatives such as almond, cashew, and hazelnut milk.
Which industries use nuts and nutmeals in their products?
The food and beverages, pharmaceuticals, cosmetics, and agriculture industries are the primary sectors utilizing nuts and nutmeals in their products.
Are nutmeals beneficial for skin care?
Top Nuts And Nutmeals Market Companies
Blue Diamond Growers Inc.
Cargill Inc.
McCormick and Co
Archer Daniels Midland Co.
Richardson International
Monsanto Co.
Regional Analysis of Nuts And Nutmeals Market
North America (United States, Canada, and Mexico, etc.)
Asia-Pacific (China, India, Japan, South Korea, and Australia, etc.)
Europe (Germany, United Kingdom, France, Italy, and Spain, etc.)
Latin America (Brazil, Argentina, and Colombia, etc.)
Middle East & Africa (Saudi Arabia, UAE, South Africa, and Egypt, etc.)
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Nuts And Nutmeals Market Insights Size And Forecast