Tree Nuts Market Expected to Grow at CAGR of 3.46% by Forecast to 2022 Market Overview: The global market for Tree Nuts is growing at a steady rate owing to increasing demand by numerous industrial sectors. Market Research Future, a firm which specializes in market reports related to the Food, Beverages & Nutrition sector among others, recently forecasted in its report on Global Tree Nuts Market Research Report- Forecast to 2022 that the market will demonstrate a steady CAGR while achieving million dollar growth readily in the forecast period. Tree nuts are enriched with various nutritional benefits such as Vitamin E, Vitamin B2, essential minerals, and others. They are also high in antioxidants which adds to the health benefits obtained from tree nuts, thereby fuelling the demand for the product. Furthermore, tree nuts contain unsaturated and monounsaturated fatty acids (MUFA) which is another factor increasing the popularity of the product among the health conscious consumers. Also, tree nuts is used in various industries and have multiple uses, further driving the demand for the product. Additionally, there is a huge demand for the product for culinary purpose owing to increasing awareness of benefits of tree nuts. It has also been observed that the customers are more inclined towards whole form of the product as it ensures that tree nuts are not contaminated. However, tree nut processing relies heavily on skilled labor which acts as a hindrance for the growth of the market. Furthermore, huge investments require for tree nut processing also hinders the market growth. Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/2482 Latest Industry Updates: Dec 2017 John B. Sanfilippo & Son, Inc. acquired Squirrel Brand, L.P or $31.5 million. Squirrel Brand is one of the leading suppliers of premium roasted nuts and snack mixes under its Squirrel Brand and Southern Style Nuts brands. The acquisition of the Squirrel Brand business provides the company with an established customer base and branded product line which will help in business expansion. Sep 2017 KP Nuts launched new “on the go�. The product is available in attractive new packaging in four flavors; Fruit and Nut Energy Mix, Orange Nut Fudge Energy Mix, classic flavors Dry Roasted, and Original Salted. The product launch is in line with company’s strategy to acknowledge changing consumer preferences and customize products accordingly. Tel: +1-646-845-9349
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