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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Australia Nut Market Outlook
The Australia nut market size is projected to grow at a CAGR of 4.8% between 2024 and 2032.
Key Takeaways:
- According to Australian Nut Industry Council (ANIC), the Australian almond orchard is expected to reach around 50,000 hectares by 2025.
- As per ANIC, the Australian walnut annual production is expected to reach around 25,000 tonnes by 2030.
- In Australia, gross revenue per hectare in tree nuts ranges from USD 20,000 to USD 30,000.
Australia's almond industry exhibits a strong domestic supply chain, fulfilling near entirety of national demand
Over the past five years, Australia has witnessed a significant surge in almond consumption, exceeding 33% growth. This rise in demand can be attributed to improving living standards in major export markets that have created a more receptive market for premium ingredients like almonds. Secondly, the innovation of new food products featuring almonds as a key ingredient has broadened their appeal to consumers.
Furthermore, growing public awareness of the health benefits associated with almonds has fuelled consumer interest. Strategic investments in promotional campaigns by both the Almond Board of California in international markets and the Almond Board of Australia domestically has played a crucial role in driving the growth.
Victoria leads Australian almond production, contributing around 67% of the nation's kernel output. South Australia follows closely behind at 20%, with New South Wales contributing 12% and Western Australia accounting for the remaining 1%.
Market Segmentation
Australia Nut Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product
- Almonds
- Pistachios
- Cashews
- Walnuts
- Brazil Nuts
- Hazelnuts
- Peanuts
- Others
Market Breakup by Form
- Whole
- Roasted
- Diced/Cut
- Granular
Market Breakup by Coating Type
- Coated
- Uncoated
Market Breakup by Category
- Conventional
- Organic
Market Breakup by Distribution Channel
- Offline
- Online
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
The Australia nut market key players are Nut Producers Australia Pty Ltd., Charlesworth Nuts Pty Ltd., Morish Kitchens Pty Ltd., Royal Nut Company, GI Gourmet Nuts, Border Just Foods, Nuts Galore, Nutroasters Group, and The Aussie Nut Company, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Form |
|
| Breakup by Coating Type |
|
| Breakup by Category |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market is projected to grow at a CAGR of 4.8% between 2024 and 2032.
The market is categorised according to product, which includes almonds, pistachios, cashews, walnuts, Brazil nuts, hazelnuts, and peanuts, among others.
The key players are Nut Producers Australia Pty Ltd., Charlesworth Nuts Pty Ltd., Morish Kitchens Pty Ltd., Royal Nut Company, GI Gourmet Nuts, Border Just Foods, Nuts Galore, Nutroasters Group, and The Aussie Nut Company, among others.
Based on the nut form, the market is divided into whole, roasted, diced/cut, and granular.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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