Published By : 27 Jan 2016 | Published By : QYRESEARCH
Over the past couple of years, there have been significant changes in the consumption pattern of nuts and seeds. With growing awareness about the positive effects of nuts and seeds on the human body such as prevention of diabetes, reduced incidence of heart diseases, reduced blood cholesterol levels, and others, the demand for nuts and cashews has increased considerably. The growing market for modified crops is also driving the global nuts and seeds market. Surging demand for genetically modified crops is expected to boost the demand for nuts across all regions.
As seeds and nuts contain vital nutrients such as fiber, folate, protein, and essential minerals, they are consumed on a large scale. By product type, the global nuts market is segmented into peanuts, almonds, walnuts, cashew nuts, macadamia nuts, and others. Cashew nuts dominate the overall nuts market and are expected to hold the majority share in the market in the coming years. High cost of the raw materials required to produce and process nuts and seeds is a major constraint. However, considering the health benefits of nuts and seeds, key companies are introducing various nuts and seeds in different forms.
However, the key players in the global cashew market are required to comply with various food safety regulations for the benefit of the consumers. In a recent instance, Heritage International recalled the nuts after a routine testing by a contract laboratory led by the Food and Drug Administration (FDA) revealed the presence of Salmonella in one batch of Trader Joe’s Raw Cashew Pieces. According to the recall notice, other lots tested by the FDA contract laboratory resulted in no additional findings of contamination. Salmonella contamination can cause serious and sometimes fatal infections among children, elderly people, and others with weakened immune systems. No illness has been reported so far regarding this particular incidence of recalled cashews.