Authored By: Sarah
06 Dec 2024

Latest News - Brazil Nuts Market 2024-2028: Europe Leads Market Growth

Brazil Nuts Market to grow at a CAGR of 4.77% during 2024-2028

The Brazil Nuts Market is expected to grow at a CAGR of 4.77% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 62.54 million. In the dynamic global Brazil nuts market, product innovation and diversification are key strategies to engage consumers and expand market share. By introducing innovative flavor profiles, such as honey-roasted, spicy chili-lime, chocolate-covered, or infused with exotic spices, Brazil nuts offer unique taste experiences for consumers. Additionally, creating convenient snack packs, trail mixes, or mixed nut assortments caters to on-the-go consumers seeking healthier alternatives. Furthermore, expanding the use of Brazil nuts in culinary applications, such as spreads, nut butter blends, or baked goods like granola, energy bars, and cookies, broadens their appeal and market potential. 

Get more information on Brazil Nuts Market by requesting a sample report

The Conventional Brazil nuts subsegment is expected to dominate the Product segment during the forecast period 

Technavio analysts predict that the Conventional Brazil nuts subsegment will lead the Product segment during 2024 and 2028 In the Brazil nut market, conventional farming practices involve the use of pesticides and fertilizers to maximize production on large-scale farms. Despite these methods, pest control remains a significant challenge in conventional farming. The affordability of conventional Brazil nuts compared to their organic counterparts is a key driver for market growth. Consumers' increasing awareness of the health benefits of nut consumption is expected to boost demand for traditional Brazil nuts throughout the forecast period. Notable market players include Basse Nuts, NOW Health Group Inc. (NOW Health Group), Nut Cravings, and Nuts.

Here are the various ways based on which the market is segmented: 

  • Product
    • Conventional Brazil nuts
    • Organic Brazil nuts
  • Distribution Channel
    • Offline
    • Online
  • Geography
    • APAC
      • Australia
      • China
      • India
      • Japan 
      • Rest of APAC
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • UK
      • France
      • Germany
      • Spain
      • Rest of Europe
    • RoW
      • Brazil
      • Saudi Arabia
      • South Africa
      • Turkey
      • Others

Key Companies and Market Insights

Some of the key companies in the Global Brazil Nuts Market include:

  • Nuttybyte
  •  Royal Nut Co.
  •  We Got Nuts
  •  Nut Cravings
  •  Sunbest Natural
  •  Sincerely Nuts
  •  NOW foods
  •  Nuts
  •  Bata food
  •  Nut Cravings
  •  DRB Foods Pvt. Ltd.
  •  Florenzano Nuts
  •  Happilo International Pvt. Ltd.
  •  Nutshup
  •  Select Harvests Ltd.
  •  Sunfood
  •  Terrasoul Superfoods
  •  The Roasting Co. Ltd.
  •  We Go Nuts Inc.
  •  Wildly Organic

Reasons to Purchase the Global Brazil Nuts Market Market Research Report by Technavio. What is in it for you?

  • Wealth of Experience: Technavio is an established name in the world of market research. It holds an expertise of more than 20 years in the field, has published 21,000+ reports thereby extensively covering the area in various industries and range of regions
  • Insight into Current Market Trends: Our research reports provide our readers insights into the latest market intelligence, competitor strategies, market trends, changes taking place in the industry and customer preferences, forecasted market opportunities that influence them to make better business decisions
  • High ROI with Extensive Hands-on Research: Technavio is renowned for offering personalized market research reports as per unique business needs, delving deep into specific markets, product segments and demographics. Additionally, it is also well-known for providing high return on investments through its wide collection of data at pocket-friendly rates

There are several factors that are causing the market to flourish numerous health benefits associated with consumption of brazil nuts

Learn which are the obstacles that the market is experiencing in the way of its growth by accessing the free PDF report

Research Analysis Overview

The Brazil nut market is on the rise due to the nuts' rich nutritional profile, making them a popular choice for consumers following plant-based diets. Brazil nuts are an excellent source of essential minerals like zinc, thiamine, phosphorus, magnesium, and selenium. They are also high in fiber, healthy fats, and protein. Brazil nuts find their way into various food products such as nut butters, energy bars, baked goods, confectionery, and online or retail stores. The Amazon rainforest is the primary source of Brazil nuts, which come from the Brazil nut tree. Brazil nuts are known for their antioxidant properties, containing phenols, vitamin E, and selenium. These nutrients help protect the body from oxidative stress, inflammation, and free radicals. They also support brain function, heart health, and blood sugar regulation. Moreover, Brazil nuts are a rich source of energy and can be enjoyed as a snack or added to recipes for an extra nutritional boost. Consumers can choose between organic and conventional Brazil nuts, depending on their preferences. Whether you're looking for a healthy addition to your diet or a tasty ingredient for your favorite recipes, Brazil nuts are a versatile and nutritious choice.

Market Research Overview

The Brazil nuts market is a segment of the global packaged foods and meats market, which is a sub-category of the larger global food products sector within the food, beverage, and tobacco industry. According to Technavio's market research, the global packaged foods and meats market encompasses food processing vendors that focus on eliminating microorganisms and extending product shelf life. The market's size is determined by the consolidated revenue generated by these vendors, excluding manufacturers of food processing equipment and those producing packaged alcoholic and non-alcoholic beverages, including mineral waters.

The Brazil Nuts Market is experiencing significant growth, fueled by the numerous health benefits associated with consumption of brazil nuts. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

 

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