The 2023 European Prepared or Preserved Nuts market saw Spain as the prominent leader with a market value of 1.2131 billion Euros. The United Kingdom followed with 0.39233 billion Euros. Strong growth was observed in Portugal and Romania with year-on-year increases of 7.92% and 7.03%, respectively, while Denmark and Hungary showed notable upturns of 7.77% and 8.79%. Bulgaria was the only country to experience a negative growth rate at -0.19%. Over the past five years, all countries exhibited consistent growth, indicative of a positive compound annual growth rate.
Future trends to watch include potential market expansion in Eastern Europe and continued growth in established markets like Spain and the UK, driven by increasing health awareness and demand for plant-based protein sources.
Top countries in Prepared or Preserved Nuts Market Size Value by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 1,213,100,000 | 2023 | +1.95% | +4.03% | View data |
| 2 | 2 United Kingdom | 392,330,000 | 2023 | +1.6% | +1.97% | View data |
| 3 | 3 Netherlands | 240,820,000 | 2023 | -0.28% | +0.19% | View data |
| 4 | 4 Portugal | 188,130,000 | 2023 | +3.49% | +7.92% | View data |
| 5 | 5 Romania | 162,390,000 | 2023 | +4.49% | +7.03% | View data |
| 6 | 6 Hungary | 144,910,000 | 2023 | +7.65% | +8.79% | View data |
| 7 | 7 Sweden | 107,770,000 | 2023 | +5.42% | +3.64% | View data |
| 8 | 8 Greece | 96,745,000 | 2023 | +0.55% | +0.63% | View data |
| 9 | 9 Bulgaria | 76,741,000 | 2023 | -0.21% | -0.19% | View data |
| 10 | 10 Denmark | 41,513,000 | 2023 | +2.51% | +7.77% | View data |
