The market size value per capita for shelled groundnuts and nuts in Italy has shown a significant upward trend from 2012 to 2022, indicating increasing consumer demand. Starting from 9.01 euros per capita in 2012, it grew consistently each year, reaching 20.92 euros per capita by 2022. Recent data from 2023 places the value at 21.50 euros per capita. Over the last two years, the year-on-year variation was 2.8%, while the compound annual growth rate (CAGR) over the past five years stands at approximately 4.4%. This reflects a steady and robust growth trajectory.
Future trends to watch for include the potential impact of health and wellness trends which are likely to continue driving demand for nuts due to their recognized health benefits. Furthermore, innovations in packaging and the introduction of new flavors could appeal to a broader range of consumers, sustaining market growth. Monitoring changes in consumer preferences and economic conditions will also be crucial for predicting market dynamics going forward.
