China’s surging nut consumption, per-capita intake set to double by 2030

Published 2024년 11월 11일

Tridge summary

China's tree nut consumption has grown by 5% annually over the last five years, with per-capita consumption forecast to reach 1 kilogram in 2030. The country was the world's largest importer of macadamia nuts, second-largest importer of pistachios, and third-largest importer of almonds in 2023. This trend is expected to continue due to increased global supply, shifting dietary preferences, and product innovation. The nut sector is dominantly a snack product market, but there is potential for growth in processed nuts. China's plant-based food industry has also expanded at a 14% annual rate, providing more market opportunities for nuts.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the most recent China: Tree Nuts Annual report from the U.S. Department of Agriculture’s Foreign Agricultural Service, China’s tree nut consumption has grown by 5% annually over the last five years, with the per-capita consumption forecast to reach 1 kilogram in 2030, almost double that in 2023. Last year, China’s nut imports totaled 427,000 metric tons, making the country the world’s largest importer of macadamia nuts, second-largest importer of pistachios and third-largest importer of almonds. Increased global supply, shifting dietary preferences and product innovation in the nut sector are all expected to contribute to a continued rise in China’s nut imports. Although overall nut consumption in China is relatively low, changes in dietary patterns are anticipated to boost the country’s nut intake in the near future. Given that consumers in the post-pandemic era are increasingly concerned about food nutrition and function, tree nuts, which represent a healthy snack ...

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