World nut production in 2023/24 will grow by 5%, according to the forecast of the World Nut and Dried Fruit Congress

Published Jun 1, 2023

Tridge summary

The 40th World Nut and Dried Fruit Congress, organized by the International Nut and Dried Fruit Council, brought together over 1,300 participants from 65 countries in London to discuss market trends, health research, and sustainable practices in the industry. The conference highlighted the anticipated global production increases for nuts and dried fruits, with significant growth expected in pistachios, macadamias, and certain dried fruits like dates, prunes, and figs. The event also emphasized the need for innovation to boost demand and highlighted the potential of Gen Z as a key market driver. Sustainability and nutrition were further emphasized through various workshops and presentations, and the conference served as a platform for industry networking and product exhibition. The next congress is set to take place in Vancouver, Canada, in 2024.

Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The 40th World Nut and Dried Fruit Congress, the flagship event of the International Nut and Dried Fruit Council (INC), took place in London from 22 to 24 May. Nearly 1,300 visitors from 65 countries gathered at the JW Marriott Grosvenor House in London to share insights on market developments, the latest research findings on health and nut allergy, and the industry's sustainable growth. Prospects for the production of nuts and dried fruits Industry leaders discussed forecasts during roundtables - global nut production for 2023/24 is projected at 5.7 million metric tons (based on kernels, excluding inshell pistachios), up 5% from the previous season. While it is still very early to predict final results this season, almond, walnut, cashew, hazelnut and pecan crops are expected to remain largely flat or only marginally higher than the previous season. Pistachio and macadamia crops are forecast to rise by 37% and 9% compared to 2022/23, respectively, while Amazon (Brazil) nuts and ...

Source: Eastfruit