PROSPECTS AND OPPORTUNITIES
Nuts set for steady growth but category needs marketing push to stand out against competition
Over the forecast period, total volume sales of nuts in Australia are expected to record single-digit growth. The further easing of inflation means that increasing numbers of consumers are expected to spend on additional foods for snacking, an ideal scenario for nuts.
Developments in farming techniques to help improve production efficiency
As with most categories of fresh food, it is vital for local production methods to continue developing and innovating to not only keep up with growing domestic and international demand, but also to be able to compete with cheaper imported goods. Research being conducted at the Queensland Alliance for Agriculture and Food Innovation is expected to improve the efficiency in growing macadamia nuts in Australia.
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Overview:
Understand the latest market trends and future growth opportunities for the Nuts industry in Australia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Nuts industry in Australia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Nuts in Australia report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Nuts in Australia?
- What is the impact of commodity price fluctuations on local production and consumption?
- What are the key campaigns or legislation driving Nuts sales?
- How are consumer attitudes towards fresh food evolving?
- How significant is health and wellness in shaping consumer demand?
- Where is future growth expected to be most dynamic?
Nuts in Australia - Category analysis
KEY DATA FINDINGS
Marginal volume growth for nuts in Australia amidst moderate inflation
Increase in almond production raises concerns over water supply
Nuts set for steady growth but category needs marketing push to stand out against competition
Developments in farming techniques to help improve production efficiency
Fresh Food in Australia - Industry Overview
Fresh food in 2024: The big picture
2024 key trends
Retailing developments
What next for fresh food?
DISCLAIMER
The following categories and subcategories are included:
Nuts
- Almonds
- Coconuts
- Peanuts (Groundnuts)
- Pistachio
- Walnuts
- Other Nuts
Nuts
This includes unpackaged and packaged single variant raw unprocessed nuts, whether in shell or deshelled. Nuts is the aggregation of almonds, coconuts, peanuts (or groundnuts), pistachio, walnuts and other nuts. All nuts that are further processed through for example roasting or flavouring or mixed with dried fruit, as well as mixes of different kinds of nuts are excluded whether packaged or unpackaged. Note that nuts used for flavouring beverages and the extraction of oil or fat are excluded from the channels covered, as are chewing/stimulant nuts: areca/betel nuts, kola nuts, illipe nuts, karate nuts, coconuts, tung nuts, oil palm nuts, etc.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Nuts research and analysis database.
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