Market Insights Consumer Food Fruits & Nuts

Nuts - El Salvador

El Salvador

Revenue in the Nuts market amounts to US$81.83m in 2024. The market is expected to grow annually by 2.35% (CAGR 2024-2029).
In global comparison, most revenue is generated in the United States (US$10,540m in 2024).
In relation to total population figures, per person revenues of US$12.79 are generated in 2024.
In the Nuts market, volume is expected to amount to 14.24m kg by 2029. The Nuts market is expected to show a volume growth of 1.0% in 2025.
The average volume per person in the Nuts market is expected to amount to 2.1kg in 2024.

Key regions: India, Canada, Spain, Philippines, United Kingdom

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Analyst Opinion

The Nuts Market in El Salvador is experiencing slow growth due to factors such as low consumer awareness and limited availability of online services. However, with increasing health consciousness and expanding food market, there is potential for growth in the future.

Customer preferences: In El Salvador, there has been a noticeable increase in demand for organic and sustainably sourced nuts, as consumers become more conscious of their health and environmental impact. This trend is also reflected in the wider Fruits & Nuts Market, with a growing preference for natural and ethically produced products. Additionally, the rise of vegan and vegetarian diets has led to a surge in demand for plant-based nut alternatives, as consumers look for healthier and more environmentally friendly protein sources.

Trends in the market: In El Salvador, the Nuts Market of the Fruits & Nuts Market within The Food market is experiencing a surge in demand for organic and sustainably sourced nuts. This trend is driven by increasing consumer awareness of the health benefits of organic products and the importance of supporting environmentally-friendly practices. As such, industry stakeholders are investing in sustainable farming methods and certifications to meet the growing demand. This trend is expected to continue in the coming years, with potential implications for pricing, supply chain management, and consumer preferences.

Local special circumstances: In El Salvador, the Nuts Market of the Fruits & Nuts Market within The Food market is heavily influenced by the country's geographical location and climate. The fertile land and tropical climate provide ideal conditions for growing a variety of nuts, such as cashews, macadamias, and almonds. Additionally, cultural preferences for snacking on nuts and incorporating them into traditional dishes have further driven the demand for nuts in the country. The regulatory environment, with a focus on promoting sustainable agriculture and fair trade practices, also plays a significant role in shaping the Nuts Market in El Salvador.

Underlying macroeconomic factors: The Nuts Market of the Fruits & Nuts Market within The Food market is heavily influenced by macroeconomic factors such as global trade policies, consumer spending patterns, and changes in dietary preferences. The market is also affected by national economic health, as countries with stable economies and high levels of disposable income tend to have higher demand for nuts. Fiscal policies, such as taxes and subsidies, also play a role in shaping the market by impacting production costs and consumer purchasing power. Additionally, fluctuations in commodity prices and currency exchange rates can affect the competitiveness of nut producers and their ability to access international markets.

Methodology

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.