Nut Ingredients Market is Projected to Reach 1,946.8 MT in 2014

Date: 2015-08-31

“The nut ingredients market, in terms of volume, is projected to reach 1,946.8 MT in 2014 at a CAGR of 5.7% from 2014 to 2019. 

Nut ingredients are widely used in the food industry to enhance the taste and value to the foods such as confectioneries, dairy, bakery, snacks & bars, desserts, cereals, beverages, and others. Rising consumer demand for health-based foods and innovative food products are driving the market for nut ingredients. Various associations & organizations held by the government to encourage the consumption of nut products along with the technological advancements have encouraged the nut ingredient manufacturers to adopt the business. 

Key players such as Archer Daniels Midland Company (U.S.), Olam International Limited (Singapore), Barry Callebaut Group (Switzerland), Kerry Group (Ireland) and Kanegrade (U.K.) have been profiled in the report. The market dynamics—in terms of market drivers, restraints, opportunities, and challenges—have been discussed in detail in the report.

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