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 Chad is experiencing minimal growth, influenced by factors such as limited access to cold storage, fluctuating agricultural practices, and varying consumer preferences for fresh versus processed options, impacting overall market dynamics.
Customer preferences: Consumers in Chad are increasingly gravitating towards healthier eating habits, resulting in a growing preference for fresh fruits and nuts over processed snacks. This shift is influenced by a rising awareness of nutrition and wellness, particularly among younger demographics who are more exposed to global health trends. Additionally, cultural influences are fostering a renewed appreciation for traditional ingredients, prompting local farmers to diversify their offerings. The increasing urbanization and busy lifestyles are also driving demand for convenient, ready-to-eat fruit options, shaping the market dynamics in significant ways.
Trends in the market: In Chad, the Fruits & Nuts Market is experiencing a notable shift towards organic and locally sourced products, driven by consumers' increasing awareness of health and nutrition. The demand for fresh, unprocessed options is rising, particularly among the urban youth who are embracing wellness trends. Additionally, there is a growing interest in traditional fruits and nuts, prompting local farmers to innovate and diversify their crops. This trend not only supports local economies but also encourages sustainable agricultural practices, presenting significant opportunities for industry stakeholders to capitalize on health-conscious consumer preferences.
Local special circumstances: In Chad, the Fruits & Nuts Market is shaped by the country’s diverse climatic conditions, which allow for the cultivation of a variety of native fruits and nuts unique to the region. Cultural traditions emphasizing communal gatherings and the sharing of food further enhance the demand for local produce. Additionally, regulatory frameworks promoting organic farming practices are gradually emerging, encouraging sustainable agricultural methods. This combination of geographical advantages, cultural values, and supportive regulations drives a burgeoning market for health-oriented, locally sourced options, appealing to environmentally conscious consumers.
Underlying macroeconomic factors: The Fruits & Nuts Market in Chad is significantly influenced by macroeconomic factors including national economic health, global commodity prices, and investment in agricultural infrastructure. As global demand for organic and healthy food options rises, Chad's ability to leverage its unique agricultural offerings becomes increasingly important. Economic stability and favorable fiscal policies could enhance access to funding for local farmers, thereby boosting production capacity. Furthermore, fluctuations in international trade agreements and climate change impacts may affect export opportunities and crop yields, ultimately shaping market dynamics and consumer access to diverse fruits and nuts.
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