New almond report shows great potential for China’s snack nut market

게시됨 2024년 9월 3일

Tridge 요약

A new report from the Tmall Innovation Center, the Almond Board of California, and the China Chamber of Commerce for Import and Export of Foodstuffs, Native Produce and Animal By-Products forecasts an 8% annual growth rate for China's nuts and roasted seeds snack market, reaching 222.2 billion Chinese yuan ($31.2 billion) by 2026. The growth is driven by innovations in flavor and cross-category products, especially plant-based products like almonds. By 2024, healthier snacks will make up half of China’s overall snack market. Almond consumption is rising, with China's nut and roasted snacks market expected to grow at an 8% compound annual growth rate, reaching 222.2 billion Chinese yuan ($31.2 billion) by 2026. The United States and Australia are the main suppliers of almonds to China, with Australia benefiting from preferential tariffs.

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원본 콘텐츠

The “California Almond Innovation Trends White Paper,” a new report jointly released by the Tmall Innovation Center, the Almond Board of California, and the China Chamber of Commerce for Import and Export of Foodstuffs, Native Produce and Animal By-Products, anticipates a strong 8% annual growth rate in China’s nuts and roasted seeds snack market, reaching 222.2 billion Chinese yuan ($31.2 billion) by 2026. Innovations in flavor, cross-category products and the expansion of applications for plant-based products continue to drive increased almond consumption across the country. With the growing emphasis on healthy lifestyle choices among Chinese consumers, healthier snacks such as dried fruits, herbal drinks and ready-to-eat traditional medicine products are rapidly increasing in popularity. By 2024, these snacks will account for half of China’s overall snack market, with a growth rate twice that of the broader snack market. Young consumers are increasingly prioritizing nutritious ...

출처: Producereport