The European Shelled Groundnuts and Nuts market displayed notable differences across countries in 2023. Italy led with a market size of €1.3288 billion, followed by France at €1.0995 billion. Poland, Denmark, and Sweden represented mid-sized markets, with values of €0.49789 billion, €0.13656 billion, and €0.1297 billion, respectively. Meanwhile, smaller markets included Croatia (€0.031309 billion) and Estonia (€0.015364 billion).
Year-on-year variation in 2023 highlighted significant growth in Italy (6.0%) and moderate increases in France (2.91%) and Poland (2.72%). Denmark's market grew by 3.22%, while Sweden saw a slight increase of 0.057%. In contrast, Estonia experienced a decline of 1.41%.
Future trends to watch include:
- An increasing demand for plant-based snacks could drive market growth.
- Health consciousness among consumers may boost sales of organic and sustainably sourced nuts.
- Regulatory changes related to agricultural products may impact supply chains and pricing.
- Technological advancements could enhance processing efficiency, affecting market dynamics.
Top countries in Shelled Groundnuts and Nuts Market Size Value by Country
# | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Italy | 1,328,800,000 | 2023 | +4.78% | +6% | View data |
2 | 2 France | 1,099,500,000 | 2023 | +2.17% | +2.91% | View data |
3 | 3 Poland | 497,890,000 | 2023 | +3.17% | +2.72% | View data |
4 | 4 Denmark | 136,560,000 | 2023 | +2.15% | +3.22% | View data |
5 | 5 Sweden | 129,700,000 | 2023 | +1.78% | +0.057% | View data |
6 | 6 Croatia | 31,309,000 | 2023 | +2.32% | +1.42% | View data |
7 | 7 Estonia | 15,364,000 | 2023 | +1.92% | -1.41% | View data |