Nut Sales Surge in China
Tuesday, September 4, 2018
Nut consumption in China is rising much faster than other snack items, according to the Chinese Nutrition Society, reports China Daily. Sales of nuts in China are expected to exceed $14.6 billion in 2020, up from about $8.1 billion in 2014. The most popular varieties among Chinese customers are macadamia nuts, pine nuts, pecans, almonds, and sunflower seeds.
As consumer interest grows in tree nuts, noted for their distinct flavors and nutritional benefits, many Chinese companies have imported exotic tree nuts for processing, says Wang Yingyao, academic and fund management director with the Chinese Nutrition Society. Surveys show that regular snack consumers, who in China are often ages 20 to 49 and female, prefer snacks that are rich in protein but low in calories, salt, and sugar, according to the report.
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