Fruits & Nuts - Gabon

Gabon

Highlights

Revenue in the Fruits & Nuts market amounts to US$260.20m in 2024. The market is expected to grow annually by 4.60% (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$104.70 are generated in 2024.
In the Fruits & Nuts market, volume is expected to amount to 89.58m kg by 2029. The Fruits & Nuts market is expected to show a volume growth of 2.7% in 2025.0.
The average volume per person in the Fruits & Nuts market is expected to amount to 32.2kg in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Fruits & Nuts Market in Gabon is experiencing minimal growth, influenced by factors such as fluctuating supply due to climate challenges, limited processing infrastructure, and evolving consumer preferences towards healthier options, which are gradually reshaping market dynamics.

Customer preferences: Consumers in Gabon are increasingly prioritizing health-conscious choices, leading to a rising demand for organic and locally sourced fruits and nuts. This trend is fueled by a growing awareness of nutrition and wellness, particularly among younger demographics who value sustainability and quality over quantity. Additionally, urbanization is driving more busy professionals to seek convenient snack options, which has spurred interest in packaged nuts and dried fruits. Cultural appreciation for traditional foods is also influencing preferences, as consumers lean towards familiar yet healthy snack alternatives.

Trends in the market: In Gabon, the Fruits & Nuts Market is experiencing a shift towards organic and locally sourced products, driven by consumers’ increasing emphasis on health and wellness. There is a notable rise in demand for packaged nuts and dried fruits, catering to the busy lifestyles of urban professionals seeking convenient, nutritious snacks. Moreover, younger demographics are fostering a preference for sustainable options that reflect cultural roots, blending traditional flavors with modern health trends. This trajectory highlights opportunities for industry stakeholders to innovate and align their offerings with evolving consumer values, ensuring market relevance and growth.

Local special circumstances: In Gabon, the Fruits & Nuts Market is shaped by the country's rich biodiversity and cultural heritage, which influence consumer preferences for native fruits and nuts. The lush rainforest provides a unique array of local products, fostering a demand for indigenous flavors that resonate with traditional diets. Additionally, Gabon's regulatory framework encourages sustainable harvesting practices, appealing to environmentally conscious consumers. The interplay of these local factors not only enhances the appeal of Gabon's fruits and nuts but also positions the market for growth amidst rising health trends and global interest in organic produce.

Underlying macroeconomic factors: The Fruits & Nuts Market in Gabon is significantly influenced by overarching macroeconomic factors such as national economic stability, global commodity prices, and consumer spending patterns. As Gabon seeks to diversify its economy beyond oil dependency, investment in agricultural infrastructure and promotion of local products are critical. Fluctuations in global demand for fruits and nuts affect export opportunities, while rising disposable incomes among Gabonese consumers drive local demand for healthier food options. Additionally, supportive fiscal policies aimed at sustainable agriculture and eco-tourism further bolster the market, aligning with global trends toward organic and ethically sourced products.

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.