Edible nuts possess many benefits. Their nutritional value is among the best in the daily foods eaten and moreover, they consist of essential vitamins, minerals, and acids. When dry and unsweetened, edible nuts are very tasty and they can sustain for long periods without refrigeration. Relative to other nutrients rich food rich in fiber, nuts do not need large volumes of water irrigation; hence, they do not necessitate large quantities of land.
Increasing adoption of a healthy lifestyle is expected to drive growth of the global edible nuts market during the forecast period. The demand for dried fruits such as almonds, hazelnuts, pistachios, walnuts, and more has increased significantly over the years. This is due to the fact that consumers have increasingly become health conscious and are adopting healthy meal and snack options. Increasing prevalence of heart issues and obesity has led to increase in health awareness among consumers. According to the World Health Organization (WHO), in 2016, over 1.9 billion adults aged 18 years and above were overweight, of which over 650 million were obese. According to the Centers for Disease Control and Prevention (CDC), around 650,000 U.S. citizens die from heart disease each year. Edible nuts are high in nutrients and have very low sodium content, keeping the blood pressure level normal. Besides, edible nuts are rich in vitamin K, vitamin A, iron, and other nutrients. They are also an excellent source of fiber and hence are perfect for digestion-related issues. Thus, these factors are expected to drive growth of the global edible nuts market during the forecast period. Moreover, technological advancements in harvesting, processing, and storage are expected to accelerate growth of the global edible nuts market growth over the forecast period.
However, high price of processing techniques of edible nuts is expected to hinder the global edible nuts market growth over the forecast period. For instance, cashew nuts undergo numerous stages of processing before they are commercialized. Among regions, Europe is expected to witness significant growth in the global edible nuts market during the forecast period. This is owing to increasing demand for organic and low-sugar food items. Furthermore, Asia Pacific is expected to register a robust growth rate over the forecast period, owing to increasing demand from health-conscious consumers in the region.
Key companies involved in the global edible nuts market are Diamond Foods, Inc., Just Almonds Inc., Archer Daniels Midland Company, Farm Breeze International LLC, Olam International, GNC Global Nut Company AG, Blue Diamond Growers, Select Harvests, and Mariani Nut Company.
For instance, in October 2020, Blue Diamond Growers introduced a new look of Nut-Thins, a crispy cracker made with rice flour and almond.
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