Global Nuts and Seeds Market: Changing Food Habits to Drive Market’s Growth

Global Nuts and Seeds Market: Changing Food Habits to Drive Market’s Growth

  • Submitted By: amyjames
  • Date Submitted: 02/28/2016 9:36 PM
  • Category: Business
  • Words: 1379
  • Page: 6

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Nuts and Seeds Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2015 - 2021

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Press Release
Global Nuts Market to Reach US$1,279.44 bn by 2021, Propelled by
Growing Demand for Modified Crops

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Nuts and Seeds Market


The global nuts and seeds market has exhibited an impressive rise over the past decade. The significant
increase in the consumption of various types of seeds and nuts has substantially boosted this market over
last few years.
In 2014, the global nuts market stood at US$1,137.06 bn and the worldwide market for seeds reported a
total market value of US$56.23 bn. Analysts project the nuts market to rise globally at a CAGR of 1.70%
during the period from 2015 to 2021 and reach US$1,279.4 bn by the end of 2021. The global seeds
market, on the other hand, is anticipated to register a CAGR of 10.0% during the same period, arriving at
US$114.2 bn by the end 2021.
In terms of volume, the global nuts market produced a total of 37.38 mn tons and the worldwide seeds
market produced 4.41 mn tons in 2014. Experts have predicted that the nuts market will record a CAGR of
1.40% between 2015 and 2021 and produce approximately 7.8 mn tons by 2021, whereas the seed market
will expand at a CAGR of 7.70% over the same duration.
Cashew Nuts to Lead Nuts Market and Sunflower Seeds to Dominate Seeds Market
The global market for nuts is majorly driven by almonds, peanuts, cashew nuts, walnuts, macadamia. In
2014, the cashew nuts segment led this market and was closely followed by the walnut segment. Experts
predict the cashew nuts segment to retain its position in the forthcoming years.
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