In 2023, China's import of flour, meal, and powder of fruit and nuts, including citrus and melon peels, stood at $8.08 million. The forecasted data for 2024 to 2028 show a steady increase from $8.27 million to $9.02 million, indicating a consistent upward trend. The year-on-year growth rates are modest, with an average compound annual growth rate (CAGR) over the five years suggesting sustainable long-term growth.
Future trends to watch for:
- Potential shifts in consumer preferences towards healthier, natural products.
- China's evolving regulations on importation which might impact trade flows.
- Increased demand for plant-based ingredients fueling market growth.