PROSPECTS AND OPPORTUNITIES
Mature nature of the category to continue challenging more dynamic growth in nuts
Ultimately, limited demand and continued competition from other industries and categories will lead to ongoing negative pressures, which is set to maintain only limited growth in total volume sales of nuts in the US in the forecast period. Even as sales of snacks are expected to face constriction from limited discretionary spending, they, as well as other packaged foods, represent a much larger market with stronger buying power.
Volatile climate and overall shrinking demand to push continued crop reductions
Only slow growth for nuts in the US at the total category level, and continued climate change will force crop reductions throughout the forecast period. Producers struggling with volatile weather conditions and slowing growth in demand for expensive crops will be increasingly forced to look to alternatives, reflecting the difficult choices facing all producers of fresh food.
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Overview:
Understand the latest market trends and future growth opportunities for the Nuts industry in USA 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 USA, 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 USA 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 USA?
- 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 the US - Category analysis
KEY DATA FINDINGS
Slow performing year as the nuts category matures
Despite a slowdown, foodservice volumes remain a more stable source of growth
Mature nature of the category to continue challenging more dynamic growth in nuts
Volatile climate and overall shrinking demand to push continued crop reductions
Fresh Food in the US - 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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