China’s market for nuts seen growing
Everyone who exports nuts and seeds are eyeing China’s market.
According to the National Food Industry Association, sales of nuts and seeds in China were worth 111.7 billion yuan ($17.29 billion) in 2014, accounting for more than one-third of the overall snacks market.
Since 2008, the US has been the world’s largest grower of pistachio nuts, and exporting some of them to China.
Ready-to-eat food industry analysts said China’s demand for nuts has grown to a significant size, and promises potential for tremendous sales growth.