Nuts - Moldova | Statista Market Forecast

Revenue in the Nuts market amounts to US$30.55m in 2024. The market is expected to grow annually by 4.79% (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$9.17 are generated in 2024.
In the Nuts market, volume is expected to amount to 5.25m kg by 2029. The Nuts market is expected to show a volume growth of 1.8% in 2025.0.
The average volume per person in the Nuts market is expected to amount to 1.5kg 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.

For more information on the displayed data, click the info button on the right side of each box.

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 Moldova has seen minimal growth due to various factors such as lack of consumer awareness, limited digitalization, and traditional buying habits. Despite being a part of the growing Food Market, the Nuts Market's growth rate is impacted by these challenges, hindering its potential for significant growth.

Customer preferences: As consumers in Moldova become more health-conscious, there is a growing demand for natural and organic nuts in the Fruits & Nuts Market within The Food market. This trend is driven by a shift towards healthier snacking options and the influence of Western dietary preferences. Additionally, the rising popularity of vegan and vegetarian diets has also contributed to the increase in demand for nuts, as they are a rich source of plant-based protein and essential nutrients.

Trends in the market: In Moldova, the Nuts Market within the Fruits & Nuts Market is experiencing a rise in demand for organic and sustainably-sourced nuts. This trend is driven by consumer awareness of health and environmental concerns. As a result, industry stakeholders are investing in sustainable farming practices and certifications to cater to this growing demand. Additionally, there is an increasing trend of using nuts as a snack and ingredient in various food products, leading to the introduction of new nut-based products in the market. This trajectory of trends is significant as it presents new opportunities for market growth and diversification. However, it also poses challenges for stakeholders to ensure supply chain sustainability and meet changing consumer preferences.

Local special circumstances: In Moldova, the Nuts Market of the Fruits & Nuts Market within The Food market is heavily influenced by the country's agricultural landscape, with a large portion of the population engaged in farming and production of nuts. This local factor plays a significant role in the market dynamics, as it ensures a steady supply of fresh and high-quality nuts. Additionally, Moldova's proximity to European markets and its membership in the EU has opened up export opportunities for local nut producers, driving growth in the industry. The country's rich cultural heritage also plays a role, with traditional nut-based dishes and snacks being popular among locals and tourists alike. Moreover, the government's support for small-scale nut producers through subsidies and grants has further bolstered the market.

Underlying macroeconomic factors: The growth of the Nuts Market within the Fruits & Nuts Market in Moldova is influenced by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and other financial indicators. A stable and growing economy in the country has led to an increase in consumer purchasing power, resulting in higher demand for premium and organic nuts. Additionally, favorable government policies and investments in agricultural infrastructure have supported the development of the nuts market in Moldova. However, fluctuations in global commodity prices and trade policies may impact the market negatively, as Moldova heavily relies on exports for its nut production.

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.