The global packaged nuts & seeds market size was valued at USD 58.1 billion in 2018. Rising awareness among consumers pertaining to the nutritional and health benefits associated with various types of nuts and seeds is boosting the demand in the market. Packaging ensures proper quality, product processing, and it increases the shelf life of the products. Moreover, it ensures to offer fresh, high quality, and clean products to the customers.
Seeds and nuts are a great source of various nutritional ingredients such as fiber, fats, vitamins, carbs, proteins, iron, magnesium, phosphorous, essential oils, and antioxidants. Therefore, they are also popularly consumed as a convenient and nutritious snack. Furthermore, rising health awareness is anticipated to remain a primary driving factor over the forecast period. Demand for organic seed is increasing in the agriculture industry owing to negative health issues associated with hazardous fertilizers.
Sunflower seeds processed products are replacing conventional products owing to their high nutritional and low cholesterol values. For instance, sunflower butter is gaining popularity as a better alternative to the peanut butter. Increasing sunflower related products will propel the market in the foreseeable future.
These seeds are also widely used as bird feeds. After pressing and extraction of the oil from these seeds, valuable fodder remains a by-product, which comprises around 36.0% of crude protein, methionine, and amino acids. This by-product is used as bird feeds as well as an additive for the poultry and cattle fodder. This animal feed application is propelling the seeds market growth.
Most of the nuts including almonds, hazelnuts, walnuts, cashews, peanuts, pecans, and pistachios contain omega 6, omega 3 polyunsaturated, and monounsaturated fats with a slight amount of saturated fats. This may help to reduce the risk associated such as metabolic syndrome, high cholesterol levels, and high blood pressure.
Moreover, eating nuts helps to improve the blood sugar level as well as lower the risk of certain kinds of cancers. Almonds are essential for lowering LDL cholesterol, which is considered to be bad cholesterol. In addition to this, almonds are consumed as a low calorie diet and they support weight loss and lowering blood pressure.
Edible oil is one of the largest applications of the seeds. According to the United States Department of Agriculture (USDA) forecast in 2018-19, the world vegetable oil production will witness a growth of more than 3.0% as compared to the previous year, which reached a record level of approximately 204 million tons.
Nuts are usually roasted in order to improve taste, flavor, crunchiness, texture, and aroma. Roasting the product whether it is oil roasting or dry roasting has minute effect on the nutritional value and it boosts the nutty flavor. Some customers prefer raw natural nuts as they offer the natural flavor.
Most of the oil seeds such as peanuts, sunflower, and sesame seeds are first roasted and then the oil is extracted from them. Roasting of the oilseeds before oil extracting reduces the moisture content of the seeds. On the other hand, if the oil is extracted from the raw seeds, it will contain some impurities and will hamper the quality of the edible oil. Some of the seeds including flaxseeds, olive oil, and safflower are extracted without roasting. Growing application of these seeds will increase the scope of the products in the foreseeable future.
In 2018, North America accounted for the largest packaged nuts & seeds market share of 56.8% in terms of revenue. The region has emerged as a prominent consumer of nuts and seeds on account of presence of a number of manufacturing units of bakery and confectionary in U.S. North America has witnessed the largest number of product launches over the past few years.
For instance, in December 2015, Almond Board of California (ABC) launched an initiative, namely Accelerated Innovation Management (AIM). This was an innovative strategic move that is designed to increase the efficiency and sustainability of the almond industry. These initiatives will propel the growth of the product over the forecast period.
Asia Pacific is anticipated to be a highly lucrative regional market, expanding at a CAGR of 6.8% from 2019 to 2025. The growth is majorly attributed to rising awareness regarding organic products, along with shifting consumer preference for high nutritional food in emerging economies including China and India.
Manufacturers are adopting several strategies, including mergers and acquisitions, capacity expansion, new product launch, and innovation. For instance, in April 2016, Future Consumer Enterprise Ltd., a company of Future Group, launched a brand ‘KARMIQ- Food that celebrates your youth’ in order to offer premium nuts and dry fruits in the region.
This strategy will provide a competitive edge in the market. Key manufacturers in the industry include Bayer AG; Syngenta; SunOpta; Blue Diamond Growers; ADVANTA SEEDS PTY LTD.; ITC Limited; DuPont (Pioneer Hi-Bred); Select Harvests Limited; McCormick & Company, Inc.; and Olam International.
Major producers are expanding their geographical reach, especially in developing countries, in order to gain the maximum product penetration. Establishment of strategic partnerships with major importers and buyers of the region in order to launch new products as per the customer’s demand in the region is likely to remain a critical success factor over the next few years. Taking into account all the above factors, producers are likely to focus on product innovation catering particularly to developing countries and untapped markets in order to gain maximum market share.
Market size value in 2020
USD 64.23 billion
Revenue forecast in 2025
USD 83.43 billion
CAGR of 5.3% from 2019 to 2025
Base year for estimation
2015 - 2017
2019 - 2025
Revenue in USD million/billion and CAGR from 2019 to 2025
Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Product, form, region
North America; Europe; Asia Pacific; Central & South America; Middle East & Africa
U.S.; U.K.; Germany; China; India; South Africa; Brazil
Key companies profiled
Bayer AG; Syngenta; SunOpta; Blue Diamond Growers; ADVANTA SEEDS PTY LTD.; ITC Limited; DuPont (Pioneer Hi-Bred); Select Harvests Limited; McCormick & Company, Inc.; Olam International
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This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2025. For the purpose of this study, Grand View Research has segmented the global packaged nuts & seeds market report on the basis of product, form, and region:
Product Outlook (Revenue, USD Billion, 2015 - 2025)
Form Outlook (Revenue, USD Billion, 2015 - 2025)
Regional Outlook (Revenue, USD Billion, 2015 - 2025)
Central & South America
Middle East & Africa
b. The global packaged nuts & seeds market size was estimated at USD 61.12 billion in 2019 and is expected to reach USD 64.23 billion in 2020.
b. The global packaged nuts & seeds market is expected to grow at a compound annual growth rate of 5.3% from 2019 to 2025 to reach USD 83.43 billion by 2025.
b. North America dominated the packaged nuts & seeds market with a share of 56.6% in 2019. This is attributed to rising popularity of on-the-go foods and snacking options among consumers in the U.S. and Canada.
b. Some key players operating in the packaged nuts & seeds market include Bayer AG; Syngenta; SunOpta; Blue Diamond Growers; ADVANTA SEEDS PTY LTD.; ITC Limited; DuPont (Pioneer Hi-Bred); Select Harvests Limited; McCormick & Company, Inc.; and Olam International.
b. Key factors that are driving the market growth include rising awareness among consumers pertaining to the nutritional and health benefits associated with various types of nuts and seeds, coupled with new product launches in attractive packaging formats.
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