Organic Edible Nuts And Seeds Market Size, Share & Trends Analysis Report By Product (Nuts, Seeds), By Distribution Channel (B2B, B2C), By Region, And Segment Forecasts, 2023 - 2030
Organic Edible Nuts And Seeds Market Size, Share & Trends Analysis Report By Product (Nuts, Seeds), By Distribution Channel (B2B, B2C), By Region, And Segment Forecasts, 2023 - 2030
Organic Edible Nuts And Seeds Market Growth & Trends
The global organic edible nuts and seeds market size is expected to reach USD 59.98 billion by 2030, expanding at 10.7% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. Organic nuts and seeds are cultivated in a certified organic environment, right from the sourcing of raw materials. The nuts are completely free from any artificial additives/ingredients and trace amounts of chemical fertilizers.
Key companies offering organic nuts and nutmeal products include HBS Natural Choice; Tierra Farm; and Sun Organic Farm. Furthermore, due to the increasing internet penetration, the online market for the purchase of such food products has seen rapid growth globally in the last few years. This has attracted a few major retailers, including Amazon; Walmart; and Carrefour, who are capitalizing on increasing e-retailing growth in the online organic edible nuts and seeds industry. Organic edible nuts & seeds are produced in various parts of the world and then supplied to vendors and processors.
For instance, the U.S. is the largest producer of almonds, followed by Spain, Morocco, Turkey, Australia, and Italy. Similarly, Vietnam is the largest producer of cashews in the world, which exported an estimated 450,000 tons of cashew kernels, according to the Vietnam Cashew Association, in November 2020. Various companies export organic certified edible nuts and seeds to distributors and food manufacturers for further applications and to retailers as well. Companies such as SCHLÜTER UND MAACK; MWT Foods; and Olam International Limited have obtained global organic certifications to offer organic edible nuts and seeds across the globe.
In the retail market, various brands offer organic edible nuts & seeds and consumers can choose from a wide range of private-labeled products available in the market. Supermarkets & hypermarkets, grocery stores, and convenience stores, as well as online distribution, are the key retail channels in the organic edible nuts & seeds industry. Among these, supermarkets & hypermarkets account for a large share of the market as they are the most convenient retail channel for consumers.
Moreover, e-commerce has been growing significantly in the industry. To sustain the competition in the market, distributors & retailers are adopting various strategies, including forming alliances with e-commerce retailers to sell products in various countries. This helps them enter new markets and expand their product portfolios and service offerings.
Organic Edible Nuts And Seeds Market Report Highlights
Rising awareness among consumers about the nutritional and health benefits associated with various types of organic nuts and seeds is boosting product demand. Moreover, e-commerce has been growing significantly in the industry. To sustain the competition in the market, distributors & retailers are adopting various strategies, including signing alliances with e-commerce retailers to sell products across different countries. This helps them enter new markets and expand their product portfolios and service offerings
Organic edible nuts & seeds are an ideal way to meet one’s daily requirement of omega-3 fatty acids, antioxidants, vitamins, minerals, and fiber, without involving any animal protein. This allows consumers to maintain their vegan diet and avoid any lactose indigestion problems. In addition, people have been considering organic edible nuts & seeds as a healthier alternative to other savory snacks like extruded snacks & crisps
The increasing number of product launches by key players in the market is also supplementing the growing demand for organic edible nuts and seeds. For instance, in April 2022, Three Trees plant-based milk brand launched its Original Almond milk made with organic almonds in the U.S. The product was made available nationwide in collaboration with Whole Foods Market
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