Prior to the pandemic, demand for nuts had been growing, in line with rising awareness of the health benefits of eating nuts, which are a rich source of various nutrients, including vitamins and minerals such as calcium, iron, vitamin E, omega 6 and omega 3 and protein. However, the positive impact of this health-based interest was being dampened by the concurrent rise in demand for convenience and foods compatible with snacking and on-the-go consumption.
During 2019, there was a balance between peanut imports and export volumes. However, in 2020 the imports of peanuts increased.
Nuts is expected to enjoy steady growth in total volume sales over the forecast period thanks to growing awareness of nuts. Nuts are increasingly known for their health benefits, as a rich source of protein, fibre, vitamin B and E.
With China increasing its domestic production of a range of nuts, such as macadamia nuts, domestic supply should grow over the forecast period. The domestic planting of nuts has been stimulated by the governmental poverty-alleviation programme, which has supported farmers in less-developed regions to invest in nuts plantings in recent years.
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Understand the latest market trends and future growth opportunities for the Nuts industry in China with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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This report originates from Passport, our Nuts research and analysis database.
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