Report Code: A04983 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Brazil Nuts Market
Request Now !Brazil nuts, also known as butternut, are edible seeds harvested from trees native to South American countries and are often found along the banks of rivers. They are nutrient-rich and can be consumed raw or blanched in the form of snacks. Moreover, they have high content of selenium, and consuming them can have several health benefits, including reduced inflammation; regulation of thyroid gland functions; and support to the heart, brain, and immune system. In addition, the oil produced from Brazil nuts is used as an ingredient to manufacture cosmetics and personal care products.
Increase in innovations in the bakery industry and change in consumer tastes have fueled the demand for Brazil nuts by the confectionaries market manufacturers. Owing to extreme weather conditions and increased pollution, the prevalence of skin and hair damage has increased at an alarming rate. This has shifted the preference of consumers toward personal care and cosmetic products, which use natural oils such as Brazil nut oil in the products. This in turn is likely to drive the market for brazil nuts. However, volatile climatic conditions such as reduced rainfall in the amazon region, which is the largest exporter of Brazil nuts, may hamper the market growth. Popularization of healthy nutrition among consumers are anticipated to offer remunerative opportunity for the expansion of the market.
The Brazil nuts market is segmented based on type, application, distribution channel, and region. Depending on type, the market is bifurcated into organic and conventional. On the basis of application, it is categorized into food industry, cosmetics, and personal care industry. By distribution channel, it is fragmented into online retail, supermarkets/hypermarkets, convenience store, food specialty stores, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Major players in the Brazil nut market include Ecofruit Ltda, Nuttybyte, Sincerely Nuts, Sunbest Natural, We Got Nuts, NOW foods, Nuts, Nut Cravings, Bata Food, and Royal Nut Company.
Brazil Nuts Market Report Highlights
Aspects | Details |
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By Type |
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By End Use |
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By Distribution Channel |
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By Region |
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Key Market Players | Nut Cravings, Sincerely Nuts, We Got Nuts, Royal Nut Company, Bata food, Nuttybyte, Sunbest Natural, NOW foods, Ecofruit Ltda, Nuts |
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