On September 23rd, Nut Consumption Market Insight and Roasting Equipment Technology Online Conference was held in Zhengzhou, Henan Province, which was professionally guided by Nut and Dried Fruit Professional Committee of China Food Industry Association, and co-sponsored by Henan Nut Frying Chamber of Commerce and Gelgoog Intelligent Technology Co., Ltd (hereinafter referred to as Gelgoog) with the participation of more than 30 nut processing enterprises from 17 countries and regions. The Specialized Committee for Nuts and Dried Fruits of China National Food Industry Association sent a congratulatory letter to the conference.

Translated with DeepL.com (free version)Chen Xiangting, President of Henan Nut Frying Chamber of Commerce , introduced that since its establishment in 2011, the Chamber has been committed to promoting the continuous progress of the nut industry, and facilitating collaboration and development among member enterprises by building a platform for resource sharing and information exchange. “As a high-growth industry on a global scale, the nut industry is experiencing changes at both the production and consumption ends. Consumers are increasingly diversifying their demand for nut products, which brings us unprecedented opportunities and challenges.”

According to Zhang Yanrui, president of Gelgoog, Gelgoog is committed to optimizing the food production process and improving production efficiency through innovative technology and adherence to sustainable development, while ensuring food safety and meeting consumer expectations for health and quality. “We see great potential in the nut industry and realize the challenges we face. As global consumer demand for nut products continues to grow, how to ensure the success of new products, supply chain stability, improve production efficiency, safeguard product quality, and reduce energy consumption has become a topic of common concern.”

An insight report on global and Chinese nut production and consumption trends was also released at the event. The report shows that walnuts and macadamia nuts had the highest annual growth rate of 9% over the past decade, followed by cashews at 7%, pistachios and pistachios at 5%, and almonds and hazelnuts at 3%. In terms of consumption, nut consumption ability and income level show a positive correlation, high-income and middle-income countries accounted for 91% of the total global nut consumption; the global consumer's nut consumption habits, with similar trends, such as the pursuit of richer and more personalized flavors, zero tolerance for food safety incidents, and the willingness to try different processes of deep-processed products.

What are the characteristics of China's nut industry development? The report shows that the first is decentralized competition, the industry's low technological threshold and diversified consumer demand have led to a low degree of concentration in China's nut industry; the second is diversified channels, with the popularity of e-commerce, China's nut purchasing channels have become more diversified, and the proportion and growth rate of online channels far exceed that of offline. Once again is brand building, consumer demand and the pursuit of profit forced the high-end nut brand, the main way is product flavor innovation, improve quality; Finally, innovative products, consumers pursue taste diversification, all kinds of products continue to enrich the net red, novelty flavors are growing most rapidly. The report shows that in the future, China's nut consumption mixed nuts is still the mainstream, nut consumption will be more youthful, interesting, more diversified consumption scenarios, the product will pay more attention to the quality of the product as well as flavor diversification.