Brazil Nuts Market 2019-2023 | Evolving Opportunities With Bassť Nuts and Food t
Posted by Loise Williams on October 30th, 2019
Technavio has been monitoring the global brazil nuts market since 2016 and the market is poised to grow by USD 18.94 million during 2019-2023, progressing at a CAGR of almost 4% during the forecast period.
The market is driven by the increasing demand of Brazil nuts among various end-users. In addition, the increase in the use of Brazil nuts oil in the cosmetics industry is anticipated to further boost the growth of the brazil nuts market.
The inclusion of Brazil nuts in various food applications such as flavored drinks, culinary, snacks, breakfast cereals, bakery and confectionery, and dairy products is increasing. Brazil nuts are gaining popularity among consumers as they are a part of various popular diets such as the keto and vegan diets. Also, they are convenient and tasty to eat and are non-greasy, portable, natural, and nourishing wholesome foods. The demand and consumption of premium nut-based snack products is also increasing, which is encouraging vendors to launch new products with Brazil nuts as the key ingredient. Thus, the increasing demand of Brazil nuts among various end-users is expected to drive market growth during the forecast period.
Download the free sample report @ http://bit.ly/2PvrvDa
Major Five Brazil Nuts Market Companies:
Archer Daniels Midland Co.
Archer Daniels Midland Co. is headquartered in the US and owns and operates businesses under various segments such as origination, oilseeds, carbohydrate solutions, and nutrition. The company offers Brazil nuts primarily in APAC.
Bassé Nuts is headquartered in Canada and manufactures and offers products through various products segments such as nut butters, nuts, organic and gluten-free, seeds, snacks and confectionery, single serve snack packs, seasonal, dried fruits, club size, and mixes. The key offerings of the company include products such as Brazil nuts and Brazil nuts raw.
Food to Live
Food to Live is headquartered in the US and offers products through various products segments such as nuts, seeds, dried fruit, legumes, powders, grains, flours, and spices. The key offerings of the company include organic and conventional Brazil nuts.
Happilo International is headquartered in India and offers products through various products segments such as dried fruits, dates, nuts, berries, fusion, healthy seeds, and snack packs. The key offerings of the company includes Happilo premium international exotic brazil nuts.
Healthy Truth is headquartered in the US and offers products through various products segments such as nut clusters, crunches, dried fruits, powders, organic living superfoods, and bars. The key offerings of the company include organic raw Brazil nuts and organic raw sprouted Brazil nuts.
Brazil Nuts Product Outlook (Revenue, USD Million, 2019 - 2023)
Brazil Nuts Regional Outlook (Revenue, USD Million, 2019 - 2023)
Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.
Like it? Share it!
About the AuthorLoise Williams
Joined: August 7th, 2019
Articles Posted: 266
More by this author