The nut ingredients market is expected to be worth $22,642.1 million within the next four years, according to a report entitled Nut Ingredients Market – Global Forecast to 2019.
The report says the nut ingredients market is projected to increase at a CAGR of 5.8 per cent from 2014 to 2019.
The market is benefitting from the increasing demand and rise in the consumption of health foods including confectionaries, dairy products, bakery products, snacks and bars, desserts, cereals and some beverages.
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The press release that appeared on SB newswire stated that the reports defines and segments the nut ingredients market and projects its size in terms of value and volume. Further, the report helps identify the driving and restraining forces in the market and presents a full analysis of trends, opportunities and challenges.
According to the report, The European and North American regions are the largest and matured regions for this market, which has grown the fastest in emerging countries namely China and India.