Global “Packaged Nuts & Seeds Market” report offers an overview of the market size, share, trends, drivers, and barriers with respect to the Packaged Nuts & Seeds Industry. Latest report on the global Packaged Nuts & Seeds market is a compilation of key market insights and discusses key market dynamics such as drivers, restraints, and opportunities at length. It also provides a comprehensive overview of the market of different regions across North America, Europe, Asia Pacific, South America, Africa and Others.
The Packaged Nuts & Seeds Market report discusses the primary industry growth drivers and challenges that the vendors and the market as a whole face and provides an overview of the key trends emerging in the market. It also talks about the market size of different segments and their growth aspects along with key leading countries in Americas, Asia-Pacific, Europe, the Middle East, and Africa regions.
Significant Features that are under Offering and Key Highlights of the Reports:
• Detailed overview of Packaged Nuts & Seeds Market
• Changing market dynamics of the Packaged Nuts & Seeds industry
• In-depth market segmentation by Type, Application etc
• Historical, current and projected market size in terms of volume and value
• Competitive landscape of Packaged Nuts & Seeds Market
• Strategies of key players and product offerings
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The global packaged nuts & seeds market is estimated to reach USD 83.4 billion, by 2025, and is projected to grow at the CAGR of 5.3% from 2019 to 2025. The changing consumer preference towards nutritional foods is expected to boost the product demand.
The growing applications of sesame, almonds, sunflower, and cashews in bakery and confectionery is anticipated to boost the market growth. Additionally, the increasing demand for sunflower, chia and sesame seeds for medicinal applications is also expected to spur the demand for the products. These packaged foods are effective in reducing cancers, cholesterol levels which in turn is expected to spur the market growth.
The increasing awareness about health advantages associated with the consumption of dry foods especially in countries such as China, India, and Japan is supporting the market growth. According to reports, in 2016, the consumption of almonds in India was around 83,000 million tons, while the cashew nuts consumption was 301,719 million tons. All these trends are projected to foster the demand for the product.
Moreover, the manufacturers focus on strategic initiatives such as acquisitions, new product launches. In addition, they also collaborate with food chains to expand their business and product portfolio. For instance, in 2016, Future consumer enterprise has introduced a brand called KARMIQ to offer premium quality dry foods. These factors are anticipated to bolster the demand for the product.
Some of the companies for Packaged Nuts & Seeds market are:
Bayer AG, Blue Diamond Growers, Syngenta, SunOpta, DuPont, McCormick & Company, Inc., ITC Limited, Olam International and Select Harvests Limited
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