Nuts - EMEA | Statista Market Forecast

Revenue in the Nuts market amounts to US$21.75bn in 2024. The market is expected to grow annually by 5.38% (CAGR 2024-2029).
In global comparison, most revenue is generated United States (US$11bn in 2024).
In relation to total population figures, per person revenues of US$8.91 are generated in 2024.
In the Nuts market, volume is expected to amount to 2.95bn kg by 2029. The Nuts market is expected to show a volume growth of 3.2% in 2025.0.
The average volume per person in the Nuts market is expected to amount to 1.1kg in 2024.

Definition:

The Nuts market covers edible nuts both shelled and unshelled. Nuts are classified as dry, single-seeded fruits that contain a lot of oil. Some examples include almonds, peanuts, walnuts, hazelnuts, and pistachios.

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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Almonds
Peanuts
Walnuts
Hazelnuts
Other nuts
Nut snack packs without other ingredients
Whole nuts in the shell, shelled nuts Nuts
Raw nut, roasted nuts
Salted and unsalted nuts, flavored nuts

Nut and seed mixes (e.g. trail mix)
Out-of-home consumption

The Nuts Market in the EMEA region is experiencing minimal growth, impacted by factors such as fluctuating consumer demand and increasing competition. However, the convenience and health benefits of nuts continue to drive market growth within the larger Food Market.

Customer preferences: Consumer preferences in the Nuts Market of the Fruits & Nuts Market within The Food market are shifting towards healthy and sustainable options. With a growing focus on environmental and health concerns, consumers are increasingly seeking out organic and ethically sourced nuts. This trend is also driven by the rise of flexitarian and vegan diets, as well as an overall shift towards more plant-based diets. Additionally, there is a growing demand for value-added products such as roasted and flavored nuts, as consumers look for more convenient and indulgent snacking options.

Trends in the market: In EMEA, the Nuts Market of the Fruits & Nuts Market within The Food market is experiencing a rise in demand for organic and sustainably sourced nuts. This trend is driven by increasing consumer awareness and preference for healthy and environmentally friendly food options. Additionally, there is a growing trend of using nuts as a plant-based protein source, leading to an increase in nut-based products such as nut milk and nut-based snacks. These trends are expected to continue, presenting opportunities for industry stakeholders to tap into the growing market for healthy and sustainable food options.

Local special circumstances: In Europe, the Nuts Market within the Fruits & Nuts Market is influenced by the region's rich history of nut cultivation and consumption. The Mediterranean diet, which is popular in countries like Greece and Italy, heavily features nuts as a key ingredient. Additionally, the growing trend towards healthy snacking and plant-based diets has increased the demand for nuts in Europe. Furthermore, strict regulations on food safety and quality control in the region have led to a strong reputation for European nuts, making them highly sought after in global markets.

Underlying macroeconomic factors: The Nuts Market of the Fruits & Nuts Market within The Food market is greatly impacted by macroeconomic factors such as changing consumer preferences, government regulations, and economic growth. In EMEA, countries with growing economies and rising disposable incomes are driving the demand for nuts as a healthy snack option. Additionally, increasing awareness about the health benefits of nuts, such as being a good source of protein and healthy fats, is also contributing to market growth. However, fluctuating raw material prices and trade policies in the region may hinder market growth. Moreover, the impact of the COVID-19 pandemic on the global economy is also expected to affect the Nuts Market, with potential disruptions in supply chains and changes in consumer behavior.

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.

Nuts - EMEA

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Nuts - EMEA

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