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.
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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 Mozambique is experiencing mild growth, influenced by factors such as increased consumer preference for healthy diets, improved supply chain logistics, and the rising popularity of processed fruit products among urban populations.
Customer preferences: Consumers in Mozambique are increasingly gravitating towards organic and locally sourced fruits and nuts, reflecting a growing awareness of sustainable agricultural practices and the benefits of fresh produce. This trend is bolstered by the urban middle class's rising interest in health and wellness, prompting a shift from traditional diets to healthier options. Additionally, social media influences are driving demand for aesthetically appealing fruit products, while busy lifestyles encourage convenience, resulting in a surge of interest in packaged and ready-to-eat fruit snacks.
Trends in the market: In Mozambique, the Fruits & Nuts market is experiencing a notable shift towards organic and locally sourced products, driven by an increasing consumer awareness of health and sustainability. The urban middle class is embracing a lifestyle that prioritizes nutritious options, moving away from traditional diets. Social media is playing a pivotal role, creating demand for visually appealing fruit products. Meanwhile, the fast-paced lifestyle of consumers is leading to a rise in packaged and ready-to-eat fruit snacks, providing convenience. These trends present significant opportunities for industry stakeholders to innovate and meet the evolving preferences of health-conscious consumers.
Local special circumstances: In Mozambique, the Fruits & Nuts market is shaped by the country’s diverse climate and rich agricultural heritage, which supports a variety of tropical fruits and nuts. Local traditions emphasize the consumption of indigenous produce, fostering a cultural appreciation for unique flavors and health benefits. Additionally, regulatory efforts to promote organic farming are emerging, encouraging sustainable practices. The increasing urbanization and economic growth are further driving demand for convenient, locally sourced fruit products, aligning with global health trends while preserving local identity.
Underlying macroeconomic factors: The Fruits & Nuts market in Mozambique is significantly influenced by macroeconomic factors such as agricultural productivity, trade policies, and foreign investment. The country’s economic health, marked by positive GDP growth and rising consumer income, fosters greater purchasing power and demand for diverse fruit products. Additionally, fiscal policies aimed at enhancing agricultural infrastructure and supporting smallholder farmers contribute to the market’s expansion. Global trends towards health and wellness further stimulate local consumption of fruits and nuts, while trade agreements facilitate access to international markets, boosting export opportunities for Mozambican produce.
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