North America Nuts Market Size & Outlook, 2020-2028
The nuts market in North America is expected to reach a projected revenue of US$ 18,971.0 million by 2028. A compound annual growth rate of 4% is expected of North America nuts market from 2021 to 2028.
Revenue, 2020 (US$M)
$13,869.3
Forecast, 2028 (US$M)
$18,971.0
CAGR, 2021 - 2028
4.0%
Report Coverage
North America
North America Nuts Market, 2017-2028 (US$M)
Global Market
Related Markets
North America nuts market highlights
- The North America nuts market generated a revenue of USD 13,869.3 million in 2020.
- The market is expected to grow at a CAGR of 4% 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, U.S. is expected to register the highest CAGR from 2021 to 2028.
North America data book summary
| Market revenue in 2020 | USD 13,869.3 million |
| Market revenue in 2028 | USD 18,971.0 million |
| Growth rate | 4% (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, North America region accounted for 26.4% 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.
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Publish Date: Jul 02, 2024
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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 |
North America 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 30.43% in 2020.
Horizon Databook has segmented the North America nuts market based on almonds, peanuts, cashew, walnuts, hazelnuts, pistachios covering the revenue growth of each sub-segment from 2017 to 2028.
- North America Nuts Market Neck Size Outlook (Revenue, USD Million , 2017-2028)
- Almonds
- Peanuts
- Cashew
- Walnuts
- Hazelnuts
- Pistachios
- Others
- North America Nuts Market Distribution Channel Outlook (Revenue, USD Million , 2017-2028)
- Offline
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America Nuts Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Nuts Market Outlook from 2017 to 2028, including revenue numbers, major trends, and company profiles.
North America Nuts Market, 2017-2028 (US$M)
North America nuts market statistics, by neck size, 2017-2028 (US$M)
