South Africa Nuts Market Size & Outlook, 2020-2028
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South Africa nuts market highlights
- The South Africa nuts market generated a revenue of USD 824.3 million in 2020 and is expected to reach USD 1,045.8 million by 2028.
- The South Africa market is expected to grow at a CAGR of 3% 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.
Nuts market data book summary
| Market revenue in 2020 | USD 824.3 million |
| Market revenue in 2028 | USD 1,045.8 million |
| Growth rate | 3% (CAGR from 2020 to 2028) |
| Largest segment | Peanuts |
| Fastest growing segment | Hazelnuts |
| Historical data | 2017 - 2019 |
| Base year | 2020 |
| Forecast period | 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, South Africa accounted for 1.6% of the global nuts market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Middle East & Africa, South Africa nuts market is projected to lead the regional market in terms of revenue in 2028.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,045.8 million by 2028.
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Nuts Market Scope
Nuts Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Grower Direct Nut Company | View profile | 101-250 | Hughson, California, United States, North America | https://www.growerdirectnut.com |
| Tropical Foods | View profile | 101-250 | Doral, Florida, United States, North America | http://tropicalfoodsllc.com/ |
| Star Snacks | View profile | 51-100 | Jersey City, New Jersey, United States, North America | https://starsnacks.net/ |
| Hampton Farms | View profile | 501-1000 | Severn, North Carolina, United States, North America | http://hamptonfarms.com |
| Hines Nut Company | View profile | - | Dallas, Texas, United States, North America | http://www.hinesnutcompany.com/ |
| Borges Agricultural & Industrial Nuts | View profile | - | Tarragona, Catalonia, Spain, Europe | https://borges-bain.com |
| John B Sanfilippo & Son Inc | View profile | 1400 | 1703 North Randall Road, Elgin, IL, United States, 60123 | https://jbssinc.com |
| Mariani Nut Company | View profile | 251-500 | Winters, California, United States, North America | https://www.marianinut.com |
| Diamond Foods | View profile | 1001-5000 | Stockton, California, United States, North America | http://www.diamondfoods.com |
| Olam Group Ltd | View profile | 82300 | 7 Straits View, Marina One East Tower, No. 20-01, Singapore, Singapore, 018936 | https://www.olamgroup.com |
South 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 will help companies and investors design strategic landscapes.
Peanuts was the largest segment with a revenue share of 30.51% in 2020. Horizon Databook has segmented the South Africa nuts market based on almonds, peanuts, cashew, walnuts, hazelnuts, pistachios covering the revenue growth of each sub-segment from 2017 to 2028.
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Our clientele includes a mix of nuts market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa nuts market , including forecasts for subscribers. This country databook contains high-level insights into South Africa nuts market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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South Africa nuts market size, by neck size, 2017-2028 (US$M)
South Africa Nuts Market Outlook Share, 2020 & 2028 (US$M)
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