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 Northern Africa is witnessing minimal growth, influenced by factors such as fluctuating climate conditions, limited access to modern agricultural practices, and growing competition from imported products, affecting local production and sales.
Customer preferences: Consumers in Northern Africa are increasingly gravitating towards organic and locally sourced fruits and nuts, driven by a growing awareness of health and sustainability. This shift is influenced by younger demographics prioritizing clean eating and environmental consciousness. Additionally, the rise of urban lifestyles is promoting snacking trends, with an emphasis on convenient and nutritious options. As cultural preferences evolve, there is a notable demand for innovative flavors and products, reflecting a blend of traditional tastes with modern dietary habits.
Trends in the market: In Northern Africa, the Fruits & Nuts market is experiencing a surge in demand for organic and locally sourced products, reflecting a broader trend towards health-conscious consumption. This movement is particularly driven by younger consumers who prioritize sustainability and clean eating. Urbanization is further shaping preferences, leading to an increase in convenient snack options that combine nutrition with portability. Additionally, there is a rising interest in innovative flavors that merge traditional tastes with modern dietary trends, presenting significant opportunities for industry stakeholders to cater to evolving consumer desires and enhance product offerings.
Local special circumstances: In Northern Africa, the Fruits & Nuts market is shaped by a rich agricultural heritage and diverse climate, facilitating the cultivation of unique varieties. Local customs emphasize the importance of fresh produce, influencing consumer preferences towards seasonal and organic options. Additionally, regulatory frameworks that support sustainable farming practices are fostering growth in eco-friendly products. The region's cultural celebrations, which often feature fruits and nuts, further drive demand, creating a vibrant marketplace that values both tradition and innovation in food offerings.
Underlying macroeconomic factors: The Fruits & Nuts market in Northern Africa is significantly influenced by macroeconomic factors such as agricultural policies, international trade agreements, and economic stability. Favorable fiscal policies aimed at supporting local farmers and promoting exports are enhancing market access for regional products. Additionally, global demand for organic and sustainably sourced fruits and nuts is creating new opportunities for local producers. Economic health indicators like GDP growth and consumer spending also play a crucial role, as increased disposable income leads to higher demand for premium and diverse food offerings. Furthermore, climatic shifts and global supply chain dynamics impact production capabilities and market pricing, shaping the landscape of this vibrant 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