Tree Nuts Market: Industry Demand, Analysis And Future Trends 2030

The global Tree Nuts Market size is expected to reach USD 109.7 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 11.1% from 2022 to 2030. The global market is predominantly driven by the rising awareness regarding health among consumers across the globe. The demand for organic products is increasing at a fast pace and consumers are spending more on chemical-free and organic products, mainly in European and North American countries.

Tree nuts, acclaimed for their health benefits, convenience, and as a source of plant-based protein, offer consumers a nutritious, ethical, and delightful snack option. With a favorable climate and a growing market, American tree nut farms are valuable assets poised for expansion. Moreover, environmentally conscious consumers are leaning heavily toward plant-based protein options in order to reduce their carbon footprints. Nearly half of adults want to increase their intake of plant-based protein, and innovations in the tree nut industry are simplifying consumer choices.

As the market for plant-based alternatives expands, a broader variety of ingredients are being used to expand product offerings. Nuts are frequently identified due to their ability to provide a high level of protein and nutritional value to the consumer. The dairy alternatives market has seen a significant increase in the variety of ingredients used to make milk alternatives, including soy, cereal grains, coconut, almond, rice, and hemp. Increased ingredient variety provides consumers with more options and more interesting flavors, while also meeting their food preferences.

With the outbreak of COVID-19, consumer spending priorities shifted dramatically. Consumers are increasingly concerned with their individual health and environmental sustainability, particularly when it is related to grocery items. There is an increasing demand for nutritious, convenient, and sustainably produced foods, thereby driving the market.

List of Key Players in the Tree Nuts Market

• Diamond Foods
• Montagu Snacks
• Golden Peanut and Tree Nut
• Baja
• Sun Valley Ltd.
• Select Harvests Limited
• Blue Diamonds Growers
• Mariani Nut
• Lone Tree Nut Company, Inc.
• Waterford Nut Co.
• Olam International

Related Press Release@ Tree Nuts Market Report

Tree Nuts Market Report Highlights

• On the basis of product, almonds dominated the market in 2021. The growing adoption of almond-based products is a major factor driving the demand for the segment. According to the Almond Board of California (ABC), in 2021, almonds can assist manufacturers in addressing the demand for clean labels from a sustainable supply chain. The U.S. is the world leader in almond production, accounting for nearly 80% of the global supply. Apart from almonds, the U.S. produces 30% of walnuts and 4% of hazelnuts
• By form, the whole segment dominated the market in 2021. The majority of tree nuts are consumed whole as ingredients in foods or as a snack (either roasted or salted). The whole form is expected to grow at the fastest rate over the forecast period as it satisfies the consumers’ desire for retained nutritional value. Moreover, the split form of tree nuts has witnessed a rapid rise in bakery and confectionery goods specifically in cakes and pastries
• The online distribution channel held the largest revenue share in 2021. Demand for tree nuts has increased as consumer food options have expanded as a result of the growth of larger retail stores, international trade, and most recently, additional online grocery delivery. Due to the pandemic, the e-commerce channels are gaining consumer traction as people are adopting to buying groceries from e-commerce channels and online stores
• Tree nuts are an essential component in food and cooking in the European region. Several consumers are open to trying a plant-based diet, thereby fueling the demand for tree nuts in the sector

Tree Nuts Market Report Scope

Report Attribute	Details
Market size value in 2022	USD 46.0 billion
Revenue forecast in 2030	USD 109.7 billion
Growth rate	CAGR of 11.1% from 2022 to 2030
Base year for estimation	2021
Historical data	2017 - 2020
Forecast period	2022 - 2030

 

Related Reports@

Almond Protein Market

Nuts Market

Tree Nuts Market Segmentation

Grand View Research has segmented the global tree nuts market on the basis of product, form, distribution channel, and region:

Tree Nuts Product Outlook (Revenue, USD Billion, 2017 - 2030)

• Almonds
• Cashews
• Walnuts
• Pistachios
• Others

Tree Nuts Form Outlook (Revenue, USD Billion, 2017 - 2030)

• Whole
• Split
• Others

Tree Nuts Distribution Channel Outlook (Revenue, USD Billion, 2017 - 2030)

• Online
• Offline

Tree Nuts Regional Outlook (Revenue, USD Billion, 2017 - 2030)

• North America
• U.S.
• Europe
• U.K.
• Germany
• Asia Pacific
• China
• Japan
• India
• Australia
• Central & South America
• Brazil
• Middle East & Africa
• Turkey

About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-95196
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com

Pet Supplements Market: Industry Demand, Analysis And Future Trends 2030

The global Pet Supplements Market is expected to reach USD 3.20 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 5.9% from 2023 to 2030. Increasing adoption of pets across the globe is driving the demand for pet supplements. For instance, according to the U.S. Pet Food Industry’s pet ownership study, pet ownership rose from 67.0% of households in 2018 to an all-time high of 70% in 2020 as confirmed by the American Pet Product Association APPA. These statistics foretell high market growth over the forecast period.

In addition, pet ownership is a common practice in various countries across the globe. For instance, according to statistics by the National Pet Owners Survey 2021-2022, 90.5 million U.S. families own a pet. With such pet ownership patterns in various countries, people are increasingly spending on pet supplements owing to their various health benefits. These supplements enhance concentration, focus, and energy levels in pets, strengthen their immune systems, and improve heart health.

The over-the-counter (OTC) segment dominated the market and is anticipated to show similar trends during the forecast period. Numerous over-the-counter pet supplements are available that either supports a particular aspect of a pet's health or provide specific nutrients. Moreover, these supplements are quite popular and are readily and easily available at a relatively affordable price. Additionally, a wide range of pet supplements is easily available through various distribution channels, including online retailers, supermarkets & hypermarkets, pet stores, and others.

The dogs segment held the largest revenue share in 2021 and is expected to maintain its dominance over the forecast period. Dogs are officially a man’s best friend, with more than half of the world's population owning a dog as a pet. Increasing health concerns and overcoming pets’ health issues have allowed consumers to opt for pet supplements with complete nutritious food, including vitamins and minerals. For instance, according to a study conducted by the non-profit organization Kinship Partners, in February 2021, nearly 77% of pet owners in the U.S. were concerned about their pets’ health, which has substantially fueled the growth of the market.

The pills/tablets segment is projected to witness a significant growth rate of 6.1% during the forecast period from 2023 – 2030. Pills/tablets offer a timed release of medication, which is helpful for pets with finicky stomachs. They are also easy to carry anywhere and extremely convenient. Such factors are driving the market growth for pet supplements in pill/tablets form. Product manufacturers are offering these pills/tablets in several flavors and distinctive odors, which makes it easier for pets to consume them, driving the segment growth.

Digestive health segment is predicted to grow at a considerable growth rate of 6.0% during the forecast period. A major health problem faced by dogs and cats is the improper functioning of the digestive system. Often, pets fall sick due to various allergies, sudden change in the diet, or infections; hence, customers are increasingly investing in supplements. Supplements that improve digestive health are commonly adopted by pet owners across the globe. For instance, in February 2021, Boss Dog brand launched new raw frozen meal products for dogs, which include digestive supplements and health solutions for pets.

The offline segment dominated the market and accounted for the largest revenue share in 2021. Increasing consumer interest in pet nutrition and diets is encouraging offline retailers to stock their shelves with high-quality supplements from high-end brands. Pet owners are much more aware of the ingredients in their pet supplements, and retailers are responding to that as well. For instance, Kroger has a pet department and sells a range of supplements concerning health issues such as anxiety, eye care, and hip and joint health.

The market is characterized by the presence of several well-established players, such as Nestlé, FOODSCIENCE, Ark Naturals, NOW Foods, Virbac, Zoetis, Bayer AG, Pet Honesty, Nutramax Laboratories, and Zesty Paws. These players account for considerable shares in the market and have a strong presence across the globe.

Related Press Release@ Pet Supplements Market Report

Pet Supplements Market Report Highlights

• Prescription segment is expected to register the fastest growth during the forecast period as they are safe, effective, and backed by clinical trials and scientific research, resulting in increased adoption and market growth
• The cat segment is projected to register the fastest growth over the forecast period with rising in the adoption of these animals as pets and the availability of cat wellness and care products globally
• The powder segment is anticipated to register the fastest growth during the forecast period owing to its quick and easy absorption properties among pet animals
• The skin and coat segment is projected to register the fastest growth during the forecast period from 2022 to 2030 due to increasing skin related problems leading to loss of body hairs among these animals
• The online channel is anticipated to register the fastest growth during the forecast years owing to promising growth exhibited by e-commerce platforms, including Amazon, Walmart, Alibaba, and other such service providers
• Asia Pacific is expected to register the fastest growth during the forecast period. The growing trend of pet humanization, coupled with the rising awareness of pet dietary supplements formulated to enhance their immune systems, is driving the market

Pet Supplements Market Report Scope

Report Attribute	Details
Market size value in 2023	USD 2.14 billion
Revenue forecast in 2030	USD 3.20 billion
Growth Rate (Revenue)	CAGR of 5.9% from 2023 to 2030
Base year for estimation	2022
Historical data	2017 - 2021
Forecast period	2023 - 2030

 

Related Reports@

Pet Care Market

Pet Food Market

Pet Supplements Market Segmentation

Grand View Research has segmented the global pet supplements market based on type, pet type, form, application, distribution channel, and region:

Pet Supplements Type Outlook (Revenue, USD Billion; 2017 - 2030)

• Over-the-counter (OTC)
• Prescription

Pet Supplements Pet Type Outlook (Revenue, USD Billion; 2017 - 2030)

• Dogs
• Cats
• Others

Pet Supplements Form Outlook (Revenue, USD Billion; 2017 - 2030)

• Pills/Tablets
• Chewables
• Powders
• Others

Pet Supplements Application Outlook (Revenue, USD Billion; 2017 - 2030)

• Skin & Coat
• Hip & Joint
• Digestive Health
• Others

Pet Supplements Distribution Outlook (Revenue, USD Billion; 2017 - 2030)

• Online
• Offline

Pet Supplements Regional Outlook (Revenue, USD Billion; 2017 - 2030)

• North America
• U.S.
• Canada
• Europe
• Germany
• U.K.
• France
• Italy
• Spain
• Asia Pacific
• China
• Japan
• India
• Central & South America
• Brazil
• Middle East & Africa
• Africa

About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-95196
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com

Bubble Food & Beverages Market Worth $8.94 Billion By 2030

The global Bubble Food & Beverages Market size is expected to reach USD 8.94 billion by 2030, registering a CAGR of 9.2% from 2022 to 2030, according to a new report by Grand View Research, Inc. The rising health-consciousness among consumers, along with increasing awareness about various health benefits associated with boba consumption, has been driving the growth of the global market. The tapioca-based bubble food & beverages segment accounted for a majority of the share to become a larger division in 2021. Tapioca has no saturated fat, lowers insulin levels, and is rich in calcium & iron, which are the major factors driving its application in bubble food & beverages. Furthermore, the easy availability of tapioca pearls is also contributing to the segment growth. The bubble tea segment held the majority of the share in 2021.

The availability of different flavors of boba pearls along with the rising consumption of healthy beverages, such as green tea, black tea, and white tea, among the consumers especially, millennials, has driven the demand for bubble tea in the market. The on-trade segment is expected to register the fastest CAGR from 2022 to 2030. The growing consumer preference for convenience, hygiene, and high-quality standards of food & beverages has driven the demand for handcrafted bubble food & beverages. Moreover, many restaurants & cafés are introducing new flavors of boba snacks and beverages to their menu, which is likely to drive the segment’s growth. The market is characterized by the presence of some large-scale companies as well as some developing brands. Leading manufacturers hold a significant market share in major parts of Asia Pacific.

Related Press Release@ Bubble Food & Beverages Market Report

Bubble Food & Beverages Market Report Highlights

• The bubble tea product segment is projected to register the fastest CAGR during the forecast period
• The rising popularity of bubble tea through social media platforms across various regions is expected to boost its demand
• The on-trade segment is expected to grow at a faster rate owing to the increasing availability of a wide range of bubble foods & beverages in restaurants and cafés
• AsiaPacific dominated the global market in 2021 and accounted for the largest share of the overall revenue
• Consumers, most notably in China, Japan, and South Korea, are increasingly inclining toward bubble foods & beverages, which, in turn, is fueling the regional market growth

Related Reports@
Healthy Snacks Market

Bubble Tea Market

Bubble Food & Beverages Market Segmentation

Grand View Research has segmented the global bubble food & beverages market based on product, source, distribution channel, and region:

Bubble Food & Beverages Product Outlook (Revenue, USD Million, 2017 - 2030)

• Fruit Snacks
• Desserts
• Fruits Beverages
• Bubble Tea
• Others

Bubble Food & Beverages Source Outlook (Revenue, USD Million, 2017 - 2030)

• Tapioca-based
• Bursting Bubble

Bubble Food & Beverages Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Off-trade
• Hypermarkets & Supermarkets
• Online
• Others
• On-trade

Bubble Food & Beverages Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
• U.S.
• Canada
• Europe
• Mexico
• Germany
• U.K.
• France
• Asia Pacific
• China
• Japan
• Australia
• New Zealand
• Central & South America
• Brazil
• Middle East & Africa

List of Key Players of the Bubble Food & Beverages Market

• Del Monte Foods Inc.
• Modoo Food Ltd.
• Bubble Tea Club
• Bubble Tea House Company
• Fokus Inc.
• Gong Cha
• Chatime
• Lollicup USA, Inc.
• Bubble Tea Supply Inc.
• Ten Ren’s Tea Time
• Troika JC.
• Boba Box

 About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-95196
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com

Greek Yogurt Market Worth $46.5 Billion By 2028 | CAGR: 7.0%

The global Greek Yogurt Market size is expected to reach USD 46.5 billion by 2028, expanding at a CAGR of 7.0% from 2021 to 2028, based on a new report by Grand View Research, Inc. A shift in dietary consumption coupled with the growing adoption of probiotic-rich foods has been propelling the demand for Greek yogurt. Moreover, the rising popularity of Greek yogurt as a healthy snacking option is one of the major drivers fueling the market growth. Key players such as Danone and Chobani are introducing Greek yogurt in premium flavors by combining fruit and yogurt, thereby gaining attention from health-conscious consumers.

The high number of COVID-19 cases and lockdowns across the world contributed to the rise in the retail sale of yogurt and other dairy products as several consumers stockpiled dairy products such as yogurt and cheese. Moreover, the decreased access to hotels and restaurants during the pandemic increased the demand for healthy, ready-to-eat snacks, thereby proliferating the demand for Greek yogurt. As per Lecico GmBH, due to the shifting consumer preferences, customers are more likely to read product labels to confirm if they meet the nutrition standards.

Also, several innovations with the use of technology are providing cost-saving opportunities for the dairy industry. Companies that have adopted newer technologies have an improved decision-making process by receiving present data directly from the dairy processing plants. In 2021, Danone North America launched multi-serve yogurt tubs to cater to consumer demand. According to Activia, close to 30% of consumers stated that they tried more functional foods and beverages due to the pandemic. 

Related Press Release@ Greek Yogurt Market Report

List of Key Players in the Greek Yogurt Market

• Chobani Holdings LLC
• Danone
• Fage International S.A
• Nestle S.A
• General Mills, Inc.
• Parmalat S.p.A
• Muller UK & Ireland Group
• The Kroger Co.
• Wallaby Yogurt Company
• The Hain Celestial Group
• Stonyfield

Greek Yogurt Market Report Highlights

• Based on flavor, the strawberry segment held the largest revenue share in 2020 owing to the popularity of the strawberry-flavored yogurt
• In 2019, Chobani launched Greek yogurts combined with different kinds of nut butter which provide more protein and fewer sugar options. The different flavors include vanilla, plain, and honey with almond nut butter and vanilla with cashew butter
• In 2020, Europe held the largest market share owing to a rise in disposable income, high demand for probiotics, and growing demand for organic milk in the region
• Asia Pacific is anticipated to witness the fastest growth during the forecast period from 2021 to 2028. In 2018, The Yogurt Shop from Australia introduced several kinds of fruit-flavored Greek yogurt products in the country to gain traction in the Chinese market. The company is expecting to triple its sales by 2022
• The market is characterized by the presence of several players such as Muller UK & Ireland Group, Chobani, and Fage International S.A

Related Reports@

Flavored Yogurt Market

Low-Fat Yogurt Market

Greek Yogurt Market Report Scope

Report Attribute	Details
Market size value in 2021	USD 28.95 billion
Revenue forecast in 2028	USD 46.5 billion
Growth rate	CAGR of 7.0% from 2021 to 2028
Base year for estimation	2020
Historical data	2016 - 2018
Forecast period	2021 - 2028

 

Greek Yogurt Market Segmentation

Grand View Research has segmented the global greek yogurt market based on flavor, distribution channel, and region:

Greek Yogurt Flavor Outlook (Revenue, USD Million, 2016 - 2028)

• Strawberry
• Vanilla
• Blueberry
• Peach
• Others

Greek Yogurt Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

• Supermarkets
• Convenience Stores
• Online
• Others

Greek Yogurt Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
• U.S.
• Rest of North America
• Europe
• U.K.
• Germany
• France
• Spain
• Denmark
• Russia
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• Rest of Asia Pacific
• Central & South America
• Brazil
• Argentina
• Rest of Central & South America
• Middle East & Africa
• South Africa
• Rest of Middle East & Africa

About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-95196
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com

Carob Chocolate Market Size is Predicted to Witness 6.4% CAGR till 2028

 

The global Carob Chocolate Market size is expected to reach USD 1.31 billion by 2028, registering a CAGR of 6.4% over the forecast period, according to a new report by Grand View Research, Inc. The growing product demand as a healthier alternative, coupled with the growing expansion of online retail in the nutritional foods sector is acting as a major driver. The growing consumer demand for foods of higher nutritional and sensory quality has encouraged the introduction of carob ingredients, in bakery products. Carob is a good source of antioxidants, as one tablespoon of it processed into a powder has approximately 25 calories, no saturated fat, no cholesterol, and 6g of carbohydrate. As compared to carob powder cocoa powder has more fat and caffeine. Carob also contains three times as much calcium as cocoa powder, has a high iron content, and is claimed to reduce cholesterol. Growing awareness regarding such benefits is driving product sales.

The increased consumer demand for organic products has prompted several manufacturers to enter new industries with a slew of product launches. In this regard, brands are coming up with organic carbo chocolates. For instance, in January 2020, Carobou, the official importer and producer of The Australian Carob Co., released organic carob chocolate bars under the brand Aussie USA, which is USDA-certified organic, soy-free, and caffeine-theobromine-free. The supermarkets & hypermarkets segment accounted for the maximum revenue share in 2020. Supermarkets/hypermarkets offer a variety of products. Owing to the increasing demand for healthy products, many of these stores have been increasing shelf space and providing trained professionals that guide customers about the quality of the products, offer food samples, and provide expert recommendations. The market is characterized by the presence of small companies owing to family businesses and startups. Key players are focusing on expanding their portfolios by introducing new products.

Related Press Release@ Carob Chocolate Market Report

Carob Chocolate Market Report Highlights

• North America accounted for the maximum share of the global revenue in 2020. The rising number of health-conscious consumers in the region is boosting the product demand as it is majorly promoted as a substitute for chocolate with no caffeine or theobromine content
• The chips product segment is projected to register the fastest CAGR during the forecast period
• The rising trend for preparing products using natural ingredients and clean-label products is expected to boost the demand for carob chocolate products, including carob chocolate chips
• The others segment is expected to register the fastest CAGR during the forecast period. The others segment includes independent grocery stores, airport retail stores, gym stores, and e-commerce websites
• Companies have been expanding their customer base by distributing products through various distribution channels

Carob Chocolate Market Report Scope

Report Attribute	Details
Market size value in 2021	USD 858.7 million
Revenue forecast in 2028	USD 1.31 billion
Growth rate	CAGR of 6.4% from 2021 to 2028
Base year for estimation	2020
Historical data	2016 - 2019
Forecast period	2021 - 2028

 

Related Reports@

Chocolate Syrup Market

Organic Chocolate Spreads Market

Carob Chocolate Market Segmentation

Grand View Research has segmented the global carob chocolate market on the basis of product, distribution channel, and region:

Carob Chocolate Product Outlook (Revenue, USD Million, 2016 - 2028)

• Bars
• Chips
• Others

Carob Chocolate Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

• Supermarkets & Hypermarkets
• Convenience Stores & Drug Stores
• Healthy & Specialty Stores
• Others

Carob Chocolate Regional Outlook (Revenue, USD Million, 2016 - 2028)

• North America
• U.S.
• Europe
• Germany
• U.K.
• France
• Belgium
• The Netherlands
• Asia Pacific
• China
• Australia
• Central & South America
• Brazil
• Middle East & Africa
• South Africa

List of Key Players of Carob Chocolate Market

• Missy J’s
• CAROBOU LLC
• The Carob Kitchen
• Uncommon Carob
• Foundations Food
• D&D Chocolates
• Iswari
• Caroboo
• Supertreats U.K.
• Carob World

 About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-95196
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com