The shelled groundnuts and nuts market in Lithuania has experienced a growth trend from 2013, starting at 2.74 kg per capita, up to 4.02 kg per capita in 2023. There was a noticeable drop in per capita consumption between 2014 and 2018, but a significant resurgence occurred from 2019 onwards, with a rapid increase peaking at a growth rate of 3.9% in the latest period analyzed. Over the last two years, average year-on-year growth has been around 3.5%. The five-year compound annual growth rate (CAGR) stands at a robust 4.2%.
Future trends to watch for include:
- Potential saturation in consumption levels as growth has been strong for the recent years.
- Changes in consumer preferences possibly affecting demand.
- Impact of health trends and dietary shifts towards nuts as a source of protein.