Nuts Market 2030: Exploring the Power of Peanuts and Almonds
Nuts Market Growth & Trends The global nuts market size is expected to reach USD 85.15 billion by 2030, registering a CAGR of 5.4% in the forecast period from 2023 to 2030, according to a new report by Grand View Research, Inc. The increasing consumption of nut products is due to the presence of health-promoting antioxidants, rich sources of vitamins, and protein. Moreover, the increasing development in the nut snacks industry in developing economies like India, and China is further propelling the market growth. The lockdown announced during the COVID 19 pandemic had disturbed transportation and suspended the supply of nuts and their products for a short duration as well as significant impacts on export and import of the nuts market across the globe. Meanwhile, a healthily dietary pattern such as the consumption of almonds, peanuts, cashew, and other products has led to keeping the human immune system functions as well, which will create opportunities for ...