Summary

The increased popularity of healthier snacking and eating habits among American consumers promotes nut consumption. The fight against cardiovascular illnesses and the desire for better health and well-being, as well as the publication of scientific research demonstrating the benefits of nut consumption, are anticipated to drive demand for these goods in the future. Nuts are typically recognized as nutritious powerhouses among Americans. As a result of the nutritional benefits provided by nuts and the country's self-sufficiency in production, they serve as an excellent snack substitute, driving the market in the upcoming time frame. One of the primary drivers driving the expansion of the country's nuts industry is the increasing demand for functional, better-for-you snack mixes or trail mixes, with an emphasis on those with a clean label, protein, and all-natural components. As of rising consumer interest in healthy snacking, per capita consumption of nuts has been steadily increasing. Furthermore, a national trend away from conventional sources of protein, such as red meat, has made the protein-rich nut an increasingly popular snack among American consumers. The country's self-sufficiency in nut production, as well as its widespread availability through both on-trade and off-trade distribution channels, make it widely available to consumers. Aside from healthy snacking, the plant-based diet promoted by the growing trend of veganism is actively supporting market growth and will do so throughout the forecast period. Furthermore, the clean-label movement and the availability of nut mixes and seasoned nuts with clean-label claims such as organic, better-for-you, and others are speeding market growth. The numerous applications of tree nuts, such as walnuts, almonds, cashews, pistachios, and others, ranging from an ingredient in food and beverage items to wholesome snacks, as well as greater consumer knowledge of their benefits, have played a vital role in driving its expansion. As high-protein products enter the mainstream, the focus is more on the source of protein. Such factors are expected to drive the market during the forecast period.

According to the research report "United States Tree Nuts Market Overview, 2029," published by Bonafide Research, the United States Tree Nuts market is expected to grow with more than 7% CAGR from 2024 to 2029. The United States is one of the world's leading producers of various tree nuts. California, in particular, is a prominent producer of almonds, walnuts, pistachios, and other nuts. The diversified climate and fertile soil of the state provide ideal conditions for nut growth. The United States is a large producer of pistachios, with California accounting for a sizable share of the global supply. Pistachios' growing appeal as a nutritious snack has resulted in increased cultivation and exports. The nut sector in the United States has experienced technological and farming method advances. Irrigation techniques, mechanization, and genetic studies have all contributed to increased yields and improved the sustainability of nut farming. The United States invests considerably in nut research and development. Scientific research continues to reveal new health benefits connected with tree nut consumption, increasing consumer knowledge and demand. In the United States, nuts have a long history of cultural and gastronomic significance. Nuts are used in both savory and sweet dishes in several regional cuisines, demonstrating their versatility in cooking and baking. Beyond traditional applications, the nut sector in the United States is always innovating, generating new goods and varieties such as flavored nuts, nut-based spreads, and gluten-free alternatives to meet changing consumer tastes.

Based on product type market is segmented into almonds, cashews, walnuts, pistachios, hazelnuts, macadamia, pecans, and others. Among them market is major dominated by almonds products in United States with highest market share. The country annually consumption of almonds were more than 3,00,000 metric tons. California, which produces the bulk of almonds in the United States, has an ideal climate for almond growing. The warm, dry summers and mild winters in the region produce perfect growing conditions for almonds, allowing for year-round cultivation. Almonds have proven to be a profitable crop for growers. They produce higher yields per acre than many other crops, making them an appealing option for farmers looking for profitable agricultural solutions. Almonds have a wide range of uses. They are eaten as snacks, baked with, mixed into various recipes, and processed into almond milk, flour, butter, and oil. This adaptability has raised their market demand tremendously. The almond sector in California has made significant investments in research, technology, and efficient agricultural practices. This includes advancements in irrigation systems, crop management, and mechanization, which result in higher yields and more cost-effective production methods. The almond sector in the United States has developed strong trading links, exporting a major amount of its output to nations such as China, India, and Europe.

Based on form segment market is segmented into whole, split and other. Whole form segment is projected to lead the United States tree nuts market. Whole nuts are frequently favored due to their natural state and apparent freshness. As a result of their complete form, consumers prefer whole nuts over processed or fragmented kinds, associating them with superior quality and freshness. Because of their perceived greater quality and intact form, whole nuts frequently command a premium price in the market. This posture allows for a higher price than processed or cracked nuts, adding to their market dominance. Whole nuts, notably almonds, walnuts, and pecans, are popular snacking options. Consuming whole nuts as a healthy snack meets the increased demand for nutritional, on-the-go dietary options. Based on distribution channel market is divided into hypermarket/ supermarket, conventional store, specialty store and online retail. Among them hypermarket/ supermarket are major distribution channel for tree nuts in United States. These stores sell a large range of tree nuts in various forms (whole, sliced, chopped), brands, and container sizes. This variety caters to a wide range of consumer tastes, allowing buyers to locate specific sorts of nuts. Consumers in urban and suburban areas have easy access to supermarkets and hypermarkets. Their extensive presence and extended operation hours give convenience, allowing shoppers to buy nuts with their regular shopping. Some of the major hypermarkets and supermarkets in United States that distributes tree nuts include, Walmart, Target, Lowe's, The Home Depot, Kroger and many more.

Considered in this report:
• Geography: United States
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report:
• United States Tree Nuts market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Product Type:
• Almonds
• Cashews
• Walnuts
• Pistachios
• Hazelnuts
• Macadamia
• Pecans
• Others

By Form:
• Whole
• Split
• Other

By Distribution Channel:
• Hypermarket/ Supermarket
• Conventional Store
• Specialty Store
• Online Retail

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Tree Nuts industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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