Asia Pacific Nuts And Seeds Market

Asia Pacific Nuts and Seeds Market  Size and Growth Analysis:

Asia Pacific Nuts and Seeds Market was worth USD 403.05 billion in 2022 and is estimated to be growing at a CAGR of 2.23%, to reach USD 450.04 billion by 2027

Asia Pacific Nuts and Seeds Market Overview:

Nuts and seeds contain important nutrients such as folate, fiber, and essential proteins and minerals which make them foods that are high in nutritional value. Nuts can be described as hard-shelled fruits that are dry in nature, possessing edible kernels. Seeds are embryonic plants that are surrounded in a seed coat. Ripe seeds are derived from cereals, legumes and nuts.Nuts and Seeds are utilized in a wide variety of applications. Nuts are eaten in raw form or used as an ingredient in snacks. In addition, they are also used in cooking. Moreover, nuts are also used in the production of cosmetic goods. Many cooking oils are extracted from the seeds. They also form an imperative component of several condiments and spices. In addition, seeds are also used as additives in foods. Moderate consumption of nuts and seeds has many positive impacts on human health such as reducing incidences of coronary heart diseases, lowering blood cholesterol, preventing of diabetes, and preventing of gallstones in both females and males. Also, moderate consumption of seeds and nuts has a positive influence on blood pressure, metabolic syndrome, and visceral adiposity.

The driving factors of Asia Pacific Nuts and Seeds market are a shift in trends of consumers towards nuts and seeds keeping in mind the health benefits which can be obtained, the growing genetically modified corps industry which makes them resistant to spoilage and pests, rising disposable incomes and increasing busy lifestyles in the region among others. The growth of this market is restrained by factors such as health issues that can occur due to excessive consumption such as unnecessary weight gain and respiratory problems and high price of nuts and seeds. 

Asia Pacific Nuts and Seeds Market Segmentation:

The Asia Pacific Nuts and Seeds market is segmented

based on nuts into

• cashew nut

• peanut

• almond

• walnut

• macadamia nut

Among all the nuts, cashew nuts have the largest market share. By seeds, the market is divided into sunflower seeds, sesame seeds, chia seeds, corn, soybean and others. Corn is expected to have the largest market share in this segment.

Asia Pacific Nuts and Seeds Market geographical Analysis

• India

• China

• Japan

• Australia

Asia Pacific has the largest market in the world for nuts and seeds by share. It is also the fastest growing region in the world, owing to factors such as huge production and rising disposable incomes especially in developing parts of the region such as India and China. Factors such as growing preference of consumers for healthy foods and busy lifestyles are expected to drive the market growth in the region. 

Asia Pacific Nuts and Seeds Market Key players:

1. Blue Diamond Growers Inc.

2. Syngenta A.G.

3. McCormick and Company Inc.

4. Diamond Foods Incorporated

5. Bayer Crop Science A.G.

6. Richardson International

7. Cargill Incorporated