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Nuts and Seeds Snacks Develop Favorably in China

Pubtime:2017-11-17Author:Source: Hits:

In recent years, the annual average compound growth rate of nuts and seeds snacks in China has kept at 10.7%. The sales volume may reach CNY345.6 billion by 2020. According to sales data of Laiyifen, the sales volume of small walnut kernels ranks the first among nuts.

The small walnut kernels have been put into market for over ten days, and torreya nucifera nuts have been put into market for less than one week. As the preferential nuts of employees, the output of pecan and torreya nucifera nuts is lean in this year, and yield is reduced. Yesterday, the journalist visited many time-honored food stores in Shanghai, and found the price of pecan keeps in tie with that in the previous year; price of individual brands rises slightly, while the retailing price of torreya nucifera nuts has exceeded CNY200/250g, rising about CNY40 per 150g averagely.
The new goods in this year have been put into market massively

The pecans and torreya nucifera nuts have been put on shelf, and started selling in batches. The pecans were officially put into operation on Sept. 29, and torreya nucifera nuts were just come into the market. One box of torreya nucifera nuts contains 6kg; about 3-4 boxes can be sold in one day at most; although price is raised, it is fine to sell 10kg every day averagely.
Cost increase drives price rising

As disclosed by media earlier that since this year is the lean year of Lin’an pecans, and the output is about 10,810t, 1,900t, about 20%, lower than that in last year. This data is conservative for some growers. They felt this year 30% output may be lowered. Laiyifen said due to special production cycle of walnuts, output is only as 60% as last year since this year is a lean year.

Snacks Consumption Trend-China 2017 shows in recent years, the annual average compound growth rate of nuts and roasted seeds snacks keeps at 10.7%, The sales volume may reach CNY345.6 billion by 2020. According to sales data of Laiyifen, the sales volume of small walnut kernels ranks the first among nuts.