Fruits & Nuts - Worldwide

Worldwide

Revenue in the Fruits & Nuts market amounts to €788.50bn in 2024. The market is expected to grow annually by 6.59% (CAGR 2024-2028).
In global comparison, most revenue is generated in India (€123bn in 2024).
In relation to total population figures, per person revenues of €101.80 are generated in 2024.
In the Fruits & Nuts market, volume is expected to amount to 330.30bn kg by 2028. The Fruits & Nuts market is expected to show a volume growth of 4.0% in 2025.
The average volume per person in the Fruits & Nuts market is expected to amount to 37.3kg in 2024.

Key regions: Philippines, Spain, Canada, United Kingdom, United States

Mercado

Región

Comparación de regiones

Moneda

Analyst Opinion

Amid growing health concerns, an increasing number of consumers around the world are starting to incorporate more fruits and nuts in their diets – a key driver for this segment. Moreover, the growth of the Fruits & Nuts segment is fueled by the increasing trend of “snacking,” which was particularly furthered by the outbreak of the COVID-19 virus.

Rising disposable incomes in countries, e.g., India, has allowed consumers to purchase more expensive items, including almonds and cashews. The market for organic fruits has seen significant growth over the past few years. This is related to, among other things, increased retail distribution and growing consumer awareness regarding the additional health benefits of their consumption. Furthermore, the rise in the international trade of fruits has also led to a more diversified selection of fruit types in retail stores, which has had a positive effect on the segment.

Methodology

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.