South Africa Tree Nuts Market Research Report, 2029

The tree nut market in South Africa has a diverse range of tastes, fashions, and export capabilities. Macadamia is king; its buttery richness elevates it to the status of a luxury ingredient and export favorite. Almonds and walnuts are useful in both savory and sweet recipes, and pecans lend an earthy refinement to meals. Notwithstanding these well-known celebrities, nut peculiarities like cashews, pistachios, and hazelnuts also have a loyal following. Nuts are valued for their nutritious content and culinary variety by South Africans. Protein, fiber, and healthy fats are sought after by health-conscious customers, and roasted nuts and nut mixes are preferred by snackers for their convenient on-the-go options. Culinary customs highlight the distinct flavors of nuts by using them into stews, salads, and rich sweets. South Africa is the world's leading producer of macadamia nuts and a major exporter of other nuts. Revenue is made, employment are created, and investments in additional production and innovation are fueled by this. Since 2001, tree nuts have been a net export for South Africa. Almonds, pistachios, pecans, and walnuts are among the many tree nuts that can be grown in the nation due to its varied environment. Australia and South Africa are the main producers of macadamias worldwide. Since macadamia nut farming has such tremendous economic potential, it has grown in popularity in South Africa. The majority of the more no of macadamia nut farmers are found in KwaZulu-Natal, Mpumalanga, and Limpopo, according to the South African Macadamia Growers' Association (SAMAC). Due to their lower cost compared to other nuts, peanuts are the most popular nut in South Africa. The main supplier of tree nuts to South Africa is the United States. The top destination for South African tree nut exports is Hong Kong. As they are less expensive than other nuts, peanuts are the most popular nut in South Africa. Amanteco Almonds is among the businesses that has played a significant role in promoting local production. The Mediterranean environment of the Western Cape makes it ideal for growing almonds. Almond trees grow well in areas like the Klein Karoo, Breede River, and Olifants River Valley that are also known for producing wine grapes and stone fruit. According to the research report "South Africa Tree Nut Market Research Report, 2029," published by Actual Market Research, the South Africa Tree Nut market is expected to add growth of more than 200 million from 2024 to 2029. Tree nuts have been a net export from South Africa. This is primarily due to the African Growth and Opportunity Act (AGOA), which was introduced in 2000 and granted duty-free access to the United States for a specific set of South African exports, as well as the notable increase in demand from Asia (including China, Japan, Vietnam, and Hong Kong) and Europe (including the Netherlands, Germany, and the United Kingdom). Over the past ten years, there has been a phenomenal development in the production, trading, and consumption of tree nuts in South Africa. The yearly growth rate of both new orchard establishment and production is consistently at least 10%. The high returns per hectare of tree nuts compared to other commodities and growing demand from export markets like the US, Asia, and Europe are the primary causes of this production increase. The rising use of tree nuts as an ingredient in food manufacture, better eating habits, the expansion of the middle class globally, and improved lifestyles are driving demand in both the domestic and international markets. Tree nuts are commonly available at retail stores like Woolworths, Pick & Pay, Checkers, Spar, and specialty shop like Montagu in South Africa. South Africans are able to indulge in upscale and healthful food options, such as tree nuts, thanks to rising disposable income. This broadens the market and generates chances for cutting-edge products.South Africa is a major player in the world market, especially for the production and export of macadamia nuts. Revenue is produced, industry investment is encouraged, and research and development for better methods is sparked by this.

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Based on product type market is divided into Almonds, Cashews, Walnuts, Pistachios, Hazelnuts, Macadamia, Pecans, Others (chest nuts, brazil nuts, hickory nuts, pine nuts).Among them the market is majorly dominated by Almonds. Nutritious and abundant in good fats, vitamins, minerals, and antioxidants, almonds are a great food choice. They have been shown to help decrease cholesterol and even help regulate blood pressure and blood sugar levels. Almonds are delicious as a snack, in baked goods, salads, and confections when they are raw or roasted. Almonds are a base for many skin care products and can be used to make very nutritious dairy alternative called almond milk. Dieters who follow modern diet fads like paleo and banting recognize almonds as excellent providers of key minerals and proteins. Increased demand from manufacturers like Tiger Brands, Pioneer Foods, Unilever, and Vital Health Foods has also contributed to the growth in domestic consumption. In addition, almonds are eaten as a snack, a garnish for desserts, in certain curry dishes as base ingredients. The second most popular tree nut produced in South Africa is pecan. Due mostly to an increase in new plantings made in response to demand from the export market and the high returns on pecan production, production has increased tremendously. Based on the form type of the market is divided into Whole, Split, Other. Among them the whole segment plays a crucial role. Whole tree nuts are used in a variety of traditional South African recipes and meals. Cultural tastes and culinary customs can have a big impact on what customers choose. Based on type of Distribution Channel the market can be categorized by Hypermarket/supermarket, Conventional store, Specialty store, online retail. Hypermarket distribution channel is most common among all. These massive retail stores give customers convenience by having a wide range of products under one roof. Customers can save time and effort by finding everything they need without having to visit different stores. Considered in this report: • Geography: South Africa • Historic year: 2018 • Base year: 2023 • Estimated year: 2024 • Forecast year: 2029

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Kripa Shah

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Aspects covered in this report: • South Africa Tree nut market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product Type: • Almonds • Cashews • Walnuts • Pistachios • Hazelnuts • Macadamia • Pecans • Others (chest nuts ,brazil nuts, hickory nuts, pine nuts) By Form: • Whole • Split • Other

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By Distribution Channel: • Hypermarket/supermarket • Conventional store • Specialty store • Online retail The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Tree Nuts industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.