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:
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.
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
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Nov 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
The Fruits & Nuts Market in the Americas is experiencing negligible growth, influenced by factors such as shifting consumer preferences towards healthy snacking, seasonal availability issues, and competition from alternative snack options, which hinder more robust expansion.
Customer preferences: Consumers in the Americas are increasingly prioritizing plant-based diets and clean-label products, driving interest in organic fruits and nuts that align with health-conscious lifestyles. Additionally, younger demographics are favoring on-the-go snack options that offer convenience without compromising nutrition, leading to a rise in innovative packaging and portion-controlled snacks. Cultural trends towards sustainability are also influencing purchasing decisions, with many consumers seeking ethically sourced and environmentally friendly products, further shaping the Fruits & Nuts Market.
Trends in the market: In the Americas, the Fruits & Nuts Market is experiencing a surge in demand for organic and clean-label products as consumers increasingly adopt plant-based diets. This trend is particularly pronounced among younger generations, who prioritize convenient, on-the-go snack options that maintain nutritional integrity. Additionally, there is a growing emphasis on sustainability, with consumers actively seeking ethically sourced and environmentally friendly products. These trends signify a shift towards health-conscious consumption, compelling industry stakeholders to innovate in product offerings and packaging to meet evolving consumer preferences.
Local special circumstances: In the Americas, the Fruits & Nuts Market is uniquely shaped by diverse agricultural practices and regional preferences. For instance, California's vast orchards contribute significantly to the organic fruits sector, while Florida's citrus industry influences local consumption patterns. Culturally, Hispanic communities emphasize fresh produce in their diets, driving demand for specific fruits and nuts. Regulatory factors, such as stricter labeling laws in the U.S., further enhance the focus on transparency and quality, compelling producers to adapt and innovate in their offerings to cater to these localized consumer expectations.
Underlying macroeconomic factors: The Fruits & Nuts Market in the Americas is significantly influenced by macroeconomic factors such as overall economic growth, consumer spending patterns, and trade policies. As the economy strengthens, disposable incomes rise, leading to increased demand for premium, organic, and specialty fruits and nuts. Additionally, fluctuations in global commodity prices and trade agreements impact supply chains and pricing strategies, affecting market dynamics. Seasonal variations and climate change also play a crucial role, with changing weather patterns influencing crop yields and availability. Furthermore, fiscal policies promoting agriculture and sustainability initiatives are driving innovation and enhancing competitiveness within the sector.
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights