Global Acorn Nuts Market to Grow at a Healthy Rate During 2021-2026, Aided by the Growing Demand for Convenient and Healthy Food Products

The manufacturers are aiming to prepare food products using ingredients that are healthy and promote sustainability. The growing demand for convenient food products that can be consumed quickly and on-the-go is driving the demand for products like roasted acorn nuts. It is relatively easy for cultivators and food manufacturers to gather acorns and store it. Further, acorns in dried forms may last for several years. The oak trees do not require special farming activities or a large supply of water and pesticides like other sources for nuts, grains, or cereals, making it an economical alternative for the manufacturers. The regions like Europe and North America are expected to witness an increased demand for acorn nuts owing to the rising preference for food products with high nutritional value. The growing cases of obesity and prevalence of various lifestyle related disorders are driving this trend in the region.

These nuts are available in different types and different forms and, thus, can be utilised in various end use industries like butter and spread, bakery and confectionery, and others, depending on the requirement. The easy availability of these end-use products through retail channels like Walmart Inc (NYSE: WMT) and Amazon.com, Inc. (NASDAQ: AMZN) is expected to boost the demand for the product in the coming years.
 
Market Breakup by Type, Form, End Use, and Region:

• By type, the industry can be segmented into North African acorns and Spanish acorns, among others. 
• On the basis of form, the industry has been categorised into whole, powder, roasted, and splits.
• Based on end use, the industry is divided into bakery and confectionery, flavoured drinks, snacks and breakfast cereals, butter and spread, and dairy products, among others. 
• Region-wise, the global market for acorn nuts can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

• The global market for acorn nuts is being driven by the rising concerns regarding health among consumers and the growing shift towards natural products. 
• The advancements in the food processing sector and the growing R&D activities are further propelling the market growth. 
• The industry is receiving a further impetus with the growing awareness regarding the benefits of plant-based products through online media and growing retail sector. 
• The improving standards of living and increasing per capita expenditure on convenient food products are also boosting the product demand.

Key Offerings of the Report:

• The EMR report gives an overview of the global acorn nuts market for the periods (2016-2020) and (2021-2026). 
• The report also offers historical (2016-2020) and forecast (2021-2026) market information for the types, forms, end-uses, and regional markets of acorn nuts.
• The report also gives the regional historical (2016-2020) and forecast (2021-2026) price trends of the product.
• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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