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Dublin, Nov. 30, 2015 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "Nut Ingredients Market by Type, by Application & Region - Global Forecast to 2019" report to their offering.
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.
The market size is projected to increase due to the growing consumption of health-based packaged foods and innovations among the processed food products by food manufacturers. Emerging markets such as China & India, with increasing demand for health-based packaged foods are estimated to generate potential opportunities in the market for nut ingredients. Nuts as ingredients are a win-win proposition as proven health benefits resonate with consumers, while versatility gives formulators to innovate.
The report provides detailed analysis of the nut ingredients market, which is segmented on the basis of types into almonds, hazelnuts, walnuts, cashews, and others (artificial nuts, beechnuts, chestnuts, and chinquapin nuts), which are applicable for confectioneries, dairy products, bakery products, snacks & bars, desserts, cereals, beverages, and other applications (salads & sauces).
The snacks & bars application dominated the nut ingredients market in 2013. The snacks & bars application was dominant for nut ingredients in 2013 and growing at the highest rate. In the food category, snacks & bars are leading due to health and wellness trends. Consumers globally are looking for healthier and nutritious options that are free of pesticides, chemicals, and GMOs. Nut ingredients in snacks are ideal for snacks & bars category as consumers perceive them natural and healthy. The organic and natural snacks food category is a growing category in supermarkets around the world.
The report further provides qualitative analyses of the prominent market players and their preferred development strategies The key nut ingredient manufacturers in the market identified in this report are Archer Daniels Midland Company (U.S.), Olam International Limited (Singapore), Barry Callebaut Group (Switzerland), Kerry Group (Ireland), and Kanegrade (U.K.),
For more information visit http://www.researchandmarkets.com/research/6lkb3x/nut_ingredients
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Sector: Food Ingredients
