Almonds become the number one nut

Friday, 05 June 2009

According to the Mintel Global New Products Database (GNPD), almonds became the leading nut introduced in new products worldwide in 2008, with 160 more new product introductions than peanuts and 423 more new products than hazelnuts. In a global food market that declined 6% in new product introductions overall, new almond introductions remained almost stable from 2007 to 2008, declining by only 1%. Almonds maintained a 29% share of new nut product introductions and continued to be the most diversified nut with high numbers of introductions across all regions and categories. "Versatility as an ingredient, widely appreciated taste, and overall consumer appeal helped almonds retain their share of usage in new products despite the economic volatility in the world's major markets," said Shirley Horn, chief marketing officer for the Almond Board of California (ABC). www.AlmondsAreIn.com

 

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