EDIBLE NUTS MARKET ANALYSIS

Market Challenges And Opportunities

Global Edible Nuts Market: Restraints

The market might crash due to a lack of raw resources and price gouging

Consumption of groundnuts, tree nuts, and other nuts is encouraged by the rising popularity of healthy eating and snacking habits. The expansion of the nuts market over the projection period may be constrained by possible risks, such as severe adverse health consequences such as laxative effects that may induce diarrhea and stomach pain and high consumption rates that might result in life-threatening allergic responses.

Global Edible Nuts Market: Market Opportunity

Growing demand for edible nuts as an ingredient due to their excellent properties longer shelf life, crunchiness, and high nutritional value is expected to bring new opportunities. They are widely used in yogurts, artisan crackers, ice-creams, and pastries, etc. Thus, the growing use of edible nuts as an ingredient in various food products is projected to foster market growth in the near future. Increasing use of edible nuts in chocolates by manufacturers to enhance the taste of the product is expected to offer lucrative opportunities to the market of edible nuts. For instance, in September 2020, Nestlé introduced new Kit Kat and Yorkie chocolate bars in the UK and Ireland as a part of a new range called more. Both bars contain fruit, nuts, and cereal contains more protein, fiber, and 30% less sugar than comparable chocolate bars.