Packaged Nuts And Seeds Market Size, Share & Trends Analysis Report By Product (Nuts, Seeds), By Form (Raw, Roasted), By Region (Europe, MEA, CSA), And Segment Forecasts, 2024 - 2030

Packaged Nuts And Seeds Market Trends

The global packaged nuts and seeds market size was estimated at USD 30.8 billion in 2023 and is expected to grow at a CAGR of 6.9% from 2024 to 2030. This can be attributed to the growing awareness of health and wellness and the rise in consumers seeking healthier and more convenient snack alternatives; packaging innovation and diversification in product offerings have also enhanced the appeal of these products.

The increasing demand for packaged nuts and seeds can be attributed to growing awareness of health and wellness. Consumers are becoming more educated about the nutritional benefits of nuts and seeds, which are rich in essential nutrients, healthy fats, protein, fiber, vitamins, and minerals. Almonds, walnuts, chia seeds, flaxseeds, and sunflower seeds, for instance, are lauded for their contributions to heart health, weight management, and overall well-being.

The rise in lifestyle diseases such as obesity, diabetes, and cardiovascular issues has prompted individuals to seek healthier snack alternatives. Nuts and seeds, with their low glycemic index and heart-healthy fats, have become a preferred choice for many health-conscious consumers. In addition, the trend toward plant-based diets has further propelled the demand, as nuts and seeds serve as valuable sources of protein and essential nutrients for vegetarians and vegans. In March 2023, Bagrrys India, an India-based brand specializing in breakfast cereals and health foods, launched "The Mighty Muesli Bars". These bars are made from a blend of multi-grains, nuts, fruits, and honey, enriched with high fiber content. It is available in three varieties: Fruits, Nuts & Seeds; Signature Crunch; and Choco Nut Delight. Each bar is priced at USD 0.48 (Rs 40), catering to both individual consumers and retail outlets seeking nutritious snack options.

Modern lifestyles are increasingly characterized by busy schedules and a preference for convenience. Packaged nuts and seeds cater perfectly to the need for quick, portable, and nutritious snacks. Unlike fresh produce, which may require preparation and refrigeration, packaged nuts and seeds are easy to carry, have a long shelf life, and can be consumed without any preparation. This convenience makes them an ideal choice for office snacks, travel, and post-workout nutrition.

Globally, the demand for convenience foods is accelerating due to shifts in social and economic trends, along with higher spending on food and beverages. Factors such as increased awareness of healthy eating, evolving meal patterns, and established dietary habits are driving market growth. In July 2023, IGA Exclusive Brands, a family-owned grocery store, launched a new line of single-serve snack nut varieties, including cashews, peanuts, almonds, and mixed nuts. This launch aimed to meet the increased consumer demand for convenient snacks at home.

These products are valued for their high nutritional and functional benefits, with a chemical composition rich in polyunsaturated fatty acids (PUFAs), particularly omega-3, as well as protein, dietary fiber, and bioactive compounds. According to the International Nut & Dried Fruit Council, global pistachio production reached approximately 773.2 thousand metric tons in 2021/2022. Leading companies are prioritizing research and development to introduce new products that meet the increasing consumer demand. Moreover, the growing use of nuts and seeds by processed food manufacturers as high-value, healthy ingredients is further driving market growth.

The market for packaged nuts and seeds has witnessed significant innovation, with manufacturers introducing a variety of flavors, mixes, and packaging formats to cater to diverse consumer preferences. From raw and roasted to flavored and spiced, the variety of options available today is vast. Companies are also blending nuts and seeds with dried fruits, chocolate, and other ingredients to create unique and appealing products. In January 2023, ProV Foods launched a new line of products called ProV Minis, which are perfectly portioned mini snack packs of flavored dry fruits, nuts, and seeds. These snacks are designed for on-the-go nutrition and are priced affordably at INR 30 (0.24 USD) per pack. The product line includes various flavors such as Nut & Seed Mix, Cashew Roasted & Salted, Cashew Creamy Cheese, Almonds Roasted & Salted, Cashew Cracked Pepper, and Almonds Piri Piri.

Furthermore, packaging innovations have enhanced the appeal of these products. Resealable pouches, single-serve packs, and eco-friendly packaging options have improved the convenience and sustainability of packaged nuts and seeds. Such innovations not only attract health-conscious consumers but also those looking for eco-friendly choices, thereby broadening the market base. In April 2023, Galil Brands launched a new line of nuts under the Uncanny Snacks brand. The snacks come in fun and colorful mini-cans designed for on-the-go snacking. The packaging offers several benefits, including reduced plastic pollution and extended freshness of up to 3 years due to the direct roast-to-can process. The non-GMO nuts are vacuum-packed to maintain freshness.

Industry Dynamics

The packaged nuts and seeds industry is characterized by a high degree of innovation, driven by various factors such as changing consumer preferences, technological advancements, and market competition. Manufacturers in this sector have been focusing on introducing new product varieties, flavors, and packaging formats to cater to evolving consumer demands for healthier, convenient snack options. Innovation in this market is evident through the development of value-added products such as flavored nuts and seeds, organic and sustainably sourced options, as well as snack packs tailored for on-the-go consumption.

Mergers and acquisitions are in the range of low to medium in the market. Companies undergoing mergers and acquisitions are seeking strategic partnerships to enhance their product portfolios, expand their market presence, and leverage each other’s strengths.

The regulatory environment in the market is characterized by a combination of federal regulations, industry standards, and consumer protection laws. Key regulatory bodies such as the FDA oversee food safety and labeling compliance, ensuring that packaged nuts and seeds meet stringent quality and safety standards before they reach consumers. In addition, organizations such as the USDA (United States Department of Agriculture) play a role in regulating agricultural products, including nuts and seeds, to ensure they are produced, processed, and labeled accurately.

The number of product substitutes in the market is limited. A suitable substitute for packaged nuts and seeds could be freshly roasted nuts and seeds bought in bulk from a local market or health food store. These alternatives often offer a similar nutritional profile and freshness compared to pre-packaged options while reducing packaging waste. In addition, homemade nut and seed mixes can provide more control over ingredients and flavors, catering to specific dietary preferences or flavor preferences.

The market for packaged nuts and seeds has seen a steady level of product launches in recent years, driven by increasing consumer demand for convenient, healthy snack options. Companies are focusing on innovation in flavor profiles, packaging formats (such as single-serve packs and resealable bags), and product combinations (such as mixed nuts and seeds with added spices or dried fruits). Health-conscious trends and dietary preferences, such as vegan and gluten-free diets, are also influencing product development in this market segment.

The packaged nuts & seeds market is experiencing notable regional expansion. The expansion is primarily driven by strategic efforts by brands to meet evolving consumer demands and capitalize on global health and wellness trends.

Product Insights

Packaged nuts accounted for a revenue share of 75.7% in 2023. The demand for packaged nuts is driven by their recognized health benefits, including being rich in nutrients and healthy fats. Convenience plays a significant role as well, with ready-to-eat options appealing to on-the-go consumers. Growing interest in plant-based diets and preferences for natural, minimally processed snacks further boost their popularity. In May 2022, VKC Nuts, a leading Indian nuts and dried fruits company, launched 'Blastopore,' India's first and only range of pasteurized nuts and dried fruits under its Nutraj brand. VKC Nuts is the pioneer in bringing pasteurization technology to India.

Packaged seeds are expected to grow at a CAGR of 7.7% from 2024 to 2030. This can be attributed to a rise in awareness about its nutritional value and health benefits, including high levels of essential nutrients like omega-3 fatty acids, fiber, and vitamins. Seeds are increasingly recognized for their role in promoting heart health, weight management, and overall well-being, aligning with consumer preferences for nutritious snacks. Convenience is another significant factor, as packaged seeds offer easy-to-use, portion-controlled options suitable for adding to meals, smoothies, or enjoying on their own. In addition, innovative packaging and product formulations, such as flavored seeds and seed blends, cater to diverse consumer tastes and dietary preferences, further driving market growth. In April 2023, Galil Brands launched a new line of nuts under the Uncanny Snacks brand. The snacks come in fun and colorful mini-cans designed for on-the-go snacking. The packaging offers several benefits, including reduced plastic pollution and extended freshness of up to 3 years due to the direct roast-to-can process. The non-GMO nuts are vacuum-packed to maintain freshness.

Form Insights

Raw packaged nuts & seeds accounted for a revenue share of 64.7% in 2023. The demand for raw packaged nuts & seeds is primarily fueled by the increasing awareness of their health benefits and nutritional value. Raw nuts & seeds are rich in essential nutrients like vitamins, minerals, and antioxidants, which support overall health and wellness. In addition, their versatility in culinary applications and the availability of innovative product varieties and blends enhance their appeal in the market.

Roasted packaged nuts & seeds are expected to grow at a CAGR of 7.3% from 2024 to 2030. The growth can be attributed to their enhanced flavor, crunchy texture, and convenience as a satisfying and nutrient-dense snack option. They appeal to health-conscious consumers seeking convenient, flavorful snacks rich in healthy fats, protein, and vitamins. The variety of flavors and blends available further expands their appeal, making them a popular choice for on-the-go consumption.

Regional Insights

In 2023, the packaged nuts & seeds market in North America accounted for a revenue share of 26.2%. The market is driven by increasing consumer awareness of their health benefits, including being rich in nutrients and healthy fats. Convenience and the popularity of snacking on-the-go further fuel market expansion.

U.S. Packaged Nuts And Seeds Market Trends

The packaged nuts & seeds market in the U.S. accounted for a revenue share of 88.2% in 2023. The U.S. market is witnessing a notable shift in dietary habits, marked by an increased consumption of vegetables and fruits compared to 1970. Despite this progress, the average American diet still falls short of the 2020 - 2025 Dietary Guidelines for these essential food groups. A particularly encouraging trend is the rising consumption of nuts. In 2018, the average consumption of meat, eggs, and nuts, as well as grains, exceeded the recommended amounts. This increase in nut consumption signals a growing market and presents a promising opportunity for further growth in the nut industry.

Europe Packaged Nuts And Seeds Market Trends

The Europe packaged nuts & seeds market accounted for a revenue share of 30.1% in 2023. The growing recognition of nuts and seeds as sources of healthy fats, fiber, and protein is driving the demand in the European market. The market is also expanding due to the rising popularity of plant-based diets and the convenience of packaged snacks suited to busy lifestyles.

The packaged nuts & seeds market in Germany accounted for a market share of 20.3% in 2023, owing to a growing preference for natural, minimally processed snacks and the availability of diverse product varieties catering to different dietary preferences.

The packaged nuts & seeds market in the U.K. is expected to grow with a CAGR of 5.9% from 2024 to 2030 due to rising consumer demand for nutritious snack choices. Favorable retail trends are also attributed to the perceived health benefits and versatility of nuts and seeds.

Asia Pacific Packaged Nuts And Seeds Market Trends

The Asia Pacific packaged nuts & seeds market is expected to grow with a CAGR of 8.5% from 2024 to 2030. The growth in the region is closely associated with Asia's position as a major producer and exporter of nuts. Countries such as Iran, Turkey, China, and India are pivotal in the global nut market, contributing significantly to both production and export volumes of almonds, hazelnuts, and walnuts. The extensive production capabilities in these countries support a robust supply chain that facilitates the packaging and distribution of nuts and seeds to various global markets.

The packaged nuts & seeds market in China held a market share of 36.9%. According to an article published by Pacific Nut Producer in January 2024, the imports of nuts have seen significant expansion, rising from USD 0.5 billion in 2012 to USD 3.3 billion by 2022, with a peak of USD 3.5 billion in 2021. This surge in imports has played a crucial role in fueling the growth of the packaged nuts and seeds market in China.

The packaged nuts & seeds market in India is expected to grow with a CAGR of 9.1% from 2024 to 2030. The growth is driven by a surge in health-conscious consumers influenced by Ayurveda principles. According to Ayurveda principles, various nuts, nut milk, nut butter, and seeds such as sunflower and pumpkin seeds are recommended for balancing Vata dosha (governs movement and creativity) when consumed in moderation.

Middle East & Africa Packaged Nuts And Seeds Market Trends

Middle East & Africa packaged nuts & seeds market is anticipated to witness a CAGR of 7.6 % from 2024 to 2030. The growing trend of organic nut consumption in the Middle East is reflective of a broader regional shift toward health-conscious and sustainable eating habits. This trend is propelling the market as consumers increasingly seek convenient and nutritious snack options. The surge in demand for these products presents substantial growth opportunities for businesses in the food and beverage sector, particularly those focusing on organic and health-oriented offerings.

Central & South America Packaged Nuts And Seeds Market Trends

The Central & South America packaged nuts & seeds market is expected to witness a CAGR of 5.4% from 2024 to 2030. There is a growing trend toward health-conscious eating in South America. Consumers are increasingly seeking nutritious snack options, and seeds such as sunflower, pumpkin, chia, and flax seeds are known for their high nutritional value, including essential fatty acids, protein, fiber, and vitamins. Moreover, companies are innovating with new flavors and mixes to cater to diverse consumer preferences, further boosting the popularity of packaged seeds.

Key Packaged Nuts And Seeds Company Insights

Key market players such as Olam Group; ADM; Big Tree Organic Farms; JOHN B. SANFILIPPO & SON, INC.; and Blue Diamond Growers among others contribute significantly to the innovation and growth of the market by utilizing tactics such as forging partnerships, making agreements, and expanding production capacity.

Recent Developments

• In April 2024, Planters launched a new line of snack nuts called Planters Nut Duos. This product combines two different flavors in one package, aiming to offer a unique taste experience to consumers. The introduction of Nut Duos represents a flavor-forward innovation in the snack nuts category, designed to appeal to consumers looking for variety and new taste sensations in their snacks.

• In May 2024, Blue Diamond Growers unveiled ranch-flavored almonds. The limited-edition product combines the typical crunchy texture of almonds with a zesty and herbal ranch flavor. The almonds are portable and resealable and are available in a variety of sizes, including 6, 40, and 45-ounce options.

Packaged Nuts And Seeds Market Report Scope

Global Packaged Nuts And Seeds Market Report Segmentation

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global packaged nuts and seeds market report based on product, form, and region:

• Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Nuts

    • Peanuts

    • Almonds

    • Walnuts

    • Cashews

    • Pistachios

    • Hazelnuts

    • Pecans

    • Others

  • Seeds

    • Sunflower Seeds

    • Chia Seeds

    • Sesame Seeds

    • Corn/Maize

    • Soybean

    • Others

• Form Outlook (Revenue, USD Million, 2018 - 2030)

  • Raw

  • Roasted

• Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

  • Europe

    • Germany

    • UK

  • Asia Pacific

    • China

    • India

  • Central & South America

    • Brazil

  • Middle East & Africa

    • South Africa