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.
For more information on the displayed data, click the info button on the right side of each box.
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: Mar 2024
Sources: Statista Market Insights, Statista Consumer Insights Global
Most recent update: Nov 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
The Fruits & Nuts Market in the United States is experiencing negligible growth, influenced by factors such as shifting consumer preferences, health trends emphasizing whole foods, and competition from processed snacks, which challenge traditional fruit and nut consumption patterns.
Customer preferences: Consumers in the United States are increasingly prioritizing plant-based diets, driving a notable shift toward the consumption of fruits and nuts as versatile, healthy snacks. This trend is fueled by a growing awareness of sustainability and environmental impact, particularly among younger generations who favor eco-friendly choices. Additionally, the rise of snacking culture has led to innovative fruit and nut products, such as trail mixes and nut butter alternatives, catering to busy lifestyles while aligning with health-conscious values.
Trends in the market: In the United States, the Fruits & Nuts market is experiencing a surge in demand for organic and non-GMO options, reflecting consumers' increasing preference for clean-label products. Furthermore, the popularity of plant-based diets is driving innovation in fruit and nut-based snacks, such as energy bars and fortified nut milks. Internationally, markets are seeing a rise in the adoption of sustainable sourcing practices, with brands emphasizing ethical production and packaging. This shift presents significant opportunities for industry stakeholders to align their offerings with consumer values while enhancing brand loyalty.
Local special circumstances: In the United States, the Fruits & Nuts market is shaped by diverse geographical regions, each contributing unique agricultural strengths, from California's vast almond orchards to Florida's citrus groves. Cultural trends emphasize health and wellness, driving demand for superfoods and local produce. Additionally, stringent regulations regarding pesticide use and labeling standards promote transparency, fostering consumer trust. These local factors create a dynamic market landscape, encouraging innovation and sustainability while aligning product offerings with regional preferences and health-conscious lifestyles.
Underlying macroeconomic factors: The Fruits & Nuts market in the United States is significantly influenced by macroeconomic factors such as consumer purchasing power, agricultural policies, and trade dynamics. Economic growth and rising disposable incomes enhance consumer demand for premium fruits and nuts, driving market expansion. Additionally, government subsidies and support for sustainable farming practices promote innovation and enhance production efficiency. Trade agreements and tariffs also impact import/export dynamics, affecting availability and pricing. Furthermore, shifts toward organic and locally sourced products align with broader trends in health consciousness, further shaping market performance and consumer preferences.
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