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Home seclusion and the increase in working from home had a positive impact on retail sales of nuts in 2020. As such, retail sales of nuts were supported by an increase in home baking, as consumers adopted new hobbies and habits during the COVID-19 pandemic.
During the COVID-19 crisis in 2020, retail demand for almonds and walnuts increased considerably as consumers found the health benefits of these products appealing during the global health crisis. Almonds also benefit from a long shelf life, and consumers find almonds to be good value for money, which also supported demand for almonds in 2020.
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Discover the latest market trends and uncover sources of future market growth for the Nuts industry in Australia with research from Euromonitor's team of in-country analysts.
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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.