Middle East & Africa Nuts Market Size & Outlook, 2020-2028
The nuts market in Middle East & Africa is expected to reach a projected revenue of US$ 5,390.7 million by 2028. A compound annual growth rate of 2.8% is expected of Middle East & Africa nuts market from 2021 to 2028.
Revenue, 2020 (US$M)
$4,313.6
Forecast, 2028 (US$M)
$5,390.7
CAGR, 2021 - 2028
2.8%
Report Coverage
Middle East & Africa
Middle East Africa Nuts Market, 2017-2028 (US$M)
Global Market
Related Markets
MEA nuts market highlights
- The MEA nuts market generated a revenue of USD 4,313.6 million in 2020.
- The market is expected to grow at a CAGR of 2.8% from 2021 to 2028.
- In terms of segment, peanuts was the largest revenue generating neck size in 2020.
- Hazelnuts is the most lucrative neck size segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2021 to 2028.
MEA data book summary
| Market revenue in 2020 | USD 4,313.6 million |
| Market revenue in 2028 | USD 5,390.7 million |
| Growth rate | 2.8% (CAGR from 2020 to 2028) |
| Largest segment | Peanuts |
| Fastest growing segment | Hazelnuts |
| Historical data covered | 2017 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Almonds, Peanuts, Cashew, Walnuts, Hazelnuts, Pistachios |
| Key market players worldwide | Olam Group Ltd, Diamond Foods, John B Sanfilippo & Son Inc, Borges Agricultural & Industrial Nuts, Hines Nut Company, Mariani Nut Company, Hampton Farms, Star Snacks, Tropical Foods, Grower Direct Nut Company |
Other key industry trends
- In terms of revenue, MEA region accounted for 8.2% of the global nuts market in 2020.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 22,688.2 million by 2028.
No credit card required*
Publish Date: Jul 02, 2024
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Three ways to get this data
Subscribe to the databook, customize it, or ask a question.Horizon Databook
Unlock every chart on this page and get dashboard access
- Statistics1.2M+ across all markets
- Databooks30K+ global, 120K+ country
- Companies200K+ profiles
- ExportPDF, Dashboard, XLS & PNG, licensed to cite
Customize it
Customize data as per your requirement
- AddCountries, segments, years
- RecutTo your product definition
- ExtendCompany-level detail
- OrA bespoke databook
- Turnaround5–10 working days
Ask Prism AI
A cited answer in seconds
- Corpus30,000 studies, 1.2M points
- ScopeAll markets, not just this
- CitationTraced to report & table
- HonestySays "not covered" if so
- SpeedSeconds, not days
Nuts Market Scope
Nuts Market segmentation & scope
Nuts Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Olam Group Ltd | View profile | 82,300 | 7 Straits View, Marina One East Tower, No. 20-01, Singapore, Singapore, 018936 | www.olamgroup.com |
| Diamond Foods | View profile | 1001-5000 | Stockton, California, United States, North America | www.diamondfoods.com |
| Mariani Nut Company | View profile | 251-500 | Winters, California, United States, North America | www.marianinut.com |
| John B Sanfilippo & Son Inc | View profile | 1,400 | 1703 North Randall Road, Elgin, IL, United States, 60123 | jbssinc.com |
| Borges Agricultural & Industrial Nuts | View profile | - | Tarragona, Catalonia, Spain, Europe | borges-bain.com |
| Hines Nut Company | View profile | - | Dallas, Texas, United States, North America | www.hinesnutcompany.com/ |
| Hampton Farms | View profile | 501-1000 | Severn, North Carolina, United States, North America | hamptonfarms.com |
| Star Snacks | View profile | 51-100 | Jersey City, New Jersey, United States, North America | starsnacks.net/ |
| Tropical Foods | View profile | 101-250 | Doral, Florida, United States, North America | tropicalfoodsllc.com/ |
| Grower Direct Nut Company | View profile | 101-250 | Hughson, California, United States, North America | www.growerdirectnut.com |
Middle East & Africa Nuts Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Nuts Market Outlook will help companies and investors design strategic landscapes.
Peanuts was the largest segment with a revenue share of 30.45% in 2020.
Horizon Databook has segmented the Middle East & Africa nuts market based on almonds, peanuts, cashew, walnuts, hazelnuts, pistachios covering the revenue growth of each sub-segment from 2017 to 2028.
- Middle East & Africa Nuts Market Neck Size Outlook (Revenue, USD Million , 2017-2028)
- Almonds
- Peanuts
- Cashew
- Walnuts
- Hazelnuts
- Pistachios
- Others
- Middle East & Africa Nuts Market Distribution Channel Outlook (Revenue, USD Million , 2017-2028)
- Offline
- Online
Reasons to subscribe to Nuts Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Nuts Market Outlook databook
- Our clientele includes a mix of Nuts Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa Nuts Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa Nuts Market Outlook from 2017 to 2028, including revenue numbers, major trends, and company profiles.
Middle East Africa Nuts Market, 2017-2028 (US$M)
MEA nuts market statistics, by neck size, 2017-2028 (US$M)
