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Fruits & Nuts - Worldwide

Worldwide

Highlights

Revenue in the Fruits & Nuts market amounts to US$862.60bn in 2024. The market is expected to grow annually by 6.36% (CAGR 2024-2029).
In global comparison, most revenue is generated India (US$135bn in 2024).
In relation to total population figures, per person revenues of US$111.30 are generated in 2024.
In the Fruits & Nuts market, volume is expected to amount to 338.30bn kg by 2029. The Fruits & Nuts market is expected to show a volume growth of 4.0% in 2025.0.
The average volume per person in the Fruits & Nuts market is expected to amount to 37.3kg in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Fruits & Nuts market within the global Food market is showing minimal growth, influenced by factors such as changing consumer preferences, the rising demand for healthy snacks, and challenges in supply chains that affect availability and pricing.

Customer preferences: Consumers are increasingly prioritizing plant-based diets and natural snacks, driving a notable shift towards organic and sustainably sourced fruits and nuts. This trend is particularly pronounced among younger demographics who are more health-conscious and environmentally aware. Additionally, the rise of convenience-oriented lifestyles has led to a demand for ready-to-eat fruit and nut products, reflecting a blend of health and convenience. Cultural influences are also shaping preferences, with exotic varieties gaining popularity as consumers seek diverse flavors and nutritional benefits.

Trends in the market: The Fruits & Nuts Market is experiencing a surge in demand for organic and sustainably sourced products, reflecting a broader shift towards health-conscious consumption. In North America, consumers are increasingly gravitating towards ready-to-eat fruit and nut snacks, driven by busy lifestyles and a preference for convenience. In Europe, the popularity of exotic fruits and nuts is rising, as consumers seek diverse flavors and nutritional benefits. In Asia, traditional nuts are being reimagined in innovative snack formats, appealing to a younger demographic. These trends underscore the need for industry stakeholders to adapt their offerings, emphasizing sustainability and convenience to meet evolving consumer preferences.

Local special circumstances: In Brazil, the Fruits & Nuts Market is influenced by the country's rich biodiversity, fostering a strong demand for locally sourced exotic fruits and nuts. The vibrant cultural appreciation for natural foods drives consumers towards regional specialties, such as açaí and cashews, often marketed as superfoods. Meanwhile, regulatory support for organic agriculture enhances the appeal of sustainable products. In contrast, Japan's market is shaped by a cultural emphasis on aesthetics and quality, leading to a preference for premium, beautifully packaged fruits and artisanal nut products, reflecting a unique blend of tradition and innovation.

Underlying macroeconomic factors: The Fruits & Nuts Market is significantly influenced by macroeconomic factors such as global trade dynamics, consumer spending patterns, and shifting dietary preferences. In countries with strong economic growth, increased disposable incomes lead to higher demand for premium fruits and nuts, particularly those marketed as health-conscious options. Additionally, favorable fiscal policies promoting agricultural innovation and sustainability enhance market growth, while global trends towards organic and ethically sourced products attract environmentally conscious consumers. Conversely, economic downturns can limit consumer spending, impacting sales of higher-priced specialty items and altering market dynamics.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.