In the forecast period, nuts is expected to see strong but slowing total volume growth, with increases across all channels. Foodservice and institutional sales are expected to rebound to the 2019 level of sales in 2023/2024, whilst despite this, retail sales are also set to maintain growth.
Despite the rising presence of imported nuts, it is domestic products which are expected to continue to dominate the category in the forecast period. Domestic nuts such as peanuts or cashew nuts are more affordable than imported products, which is an important factor.
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Understand the latest market trends and future growth opportunities for the Nuts industry in Vietnam 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 Vietnam, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
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 Definitions
This report originates from Passport, our Nuts research and analysis database.
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