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Fruits & Nuts - Algeria

Algeria
  • Revenue in the Fruits & Nuts market amounts to US$1.61bn in 2024. The market is expected to grow annually by 9.06% (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$34.89 are generated in 2024.
  • In the Fruits & Nuts market, volume is expected to amount to 622.20m kg by 2029. The Fruits & Nuts market is expected to show a volume growth of 1.4% in 2025.0.
  • The average volume per person in the Fruits & Nuts market is expected to amount to 12.6kg in 2024.

Definition:

The Fruits and Nuts market covers fresh, frozen, and processed edible fruits and nuts that are bought and consumed for nutrient-based purposes.

Structure:

The market consists of 3 different submarkets:

  • The Fresh Fruits market covers all types of fruits that haven't been canned, frozen, dehydrated, or preserved in any way. This market is divided into five submarkets: apples & pears, bananas, berries & grapes, citrus fruits, and the other fresh fruits including peaches, mangos, pineapples, plums, and kiwis.
  • The Processed and Frozen Fruits market covers all types of fruits that have been canned, frozen, dehydrated, fermented, or pickled.
  • The Nuts market covers all types of edible nuts both shelled and unshelled.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included.

For more information on the displayed data, click the info button on the right side of each box.

In-Scope

  • Fresh fruits
  • Processed fruits
  • Nuts

Out-Of-Scope

  • Jams and marmalades
  • Fruit-based homogenized preparations such as baby food
  • Out-of-home consumption
Fruits & Nuts: market data & analysis - Cover

Market Insights report

Fruits & Nuts: market data & analysis

Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Volume

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Price

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Sales Channels

    Most recent update: Nov 2024

    Source: Statista Market Insights

    Global Comparison

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Fruits & Nuts Market in Algeria is witnessing subdued growth, influenced by factors such as fluctuating agricultural yields, changing consumer preferences, and the challenges of supply chain logistics, which collectively hinder its potential expansion.

    Customer preferences:
    In Algeria, there is a noticeable shift towards health-conscious consumption, with consumers increasingly favoring organic and locally-sourced fruits and nuts. This trend is driven by a growing awareness of nutritional benefits and a desire to support local agriculture. Additionally, younger demographics are embracing snacking habits that prioritize convenience and portability, leading to a rise in demand for packaged nuts and dried fruits. Cultural influences are also steering preferences towards traditional varieties, reflecting a blend of modern lifestyles with heritage values.

    Trends in the market:
    In Algeria, the Fruits & Nuts market is experiencing a significant shift towards health-oriented products, with consumers increasingly prioritizing organic and locally-sourced options. This trend is fueled by heightened awareness of the nutritional advantages these products offer, alongside a commitment to supporting local farmers. Furthermore, younger consumers are gravitating towards convenient snacking solutions, which has led to a surge in demand for packaged nuts and dried fruits. Traditional varieties are also seeing a revival, blending modern eating habits with cultural heritage, presenting both opportunities and challenges for industry stakeholders.

    Local special circumstances:
    In Algeria, the Fruits & Nuts market is shaped by the country's diverse climate and rich agricultural heritage, which allows for a wide variety of local produce. The cultural significance of fruits and nuts in traditional Algerian cuisine fosters a strong demand for these products, particularly during festivals and communal gatherings. Additionally, government initiatives aimed at promoting organic farming practices are gaining traction, further enhancing the appeal of locally-sourced options. However, regulatory challenges regarding quality standards and import restrictions also influence market dynamics, creating both opportunities and hurdles for businesses.

    Underlying macroeconomic factors:
    The Fruits & Nuts market in Algeria is significantly influenced by macroeconomic factors such as national economic stability, agricultural investment policies, and global commodity prices. A robust agricultural sector, supported by government incentives, fosters the growth of local produce, enhancing food security and reducing dependency on imports. Additionally, fluctuations in global prices for fruits and nuts can impact local market conditions, affecting both producers and consumers. Economic diversification efforts, aimed at reducing reliance on hydrocarbons, also promote sustainable agricultural practices, which further bolster the market. However, challenges such as inflation, currency volatility, and infrastructure gaps remain critical factors that can hinder market expansion.

    Methodology

    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.

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    Fruits & Nuts: market data & analysis - BackgroundFruits & Nuts: market data & analysis - Cover

    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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