Australia Nut Market Report and Forecast 2025-2034

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