New number one nut
Almonds have knocked peanuts off the top spot to become the number one nut ingredient for new product releases, according to Mintel’s Global New Products Database.
Even though the global food market has declined by six per cent over the past year, almond sales have remained stable, accounting for 29 per cent of all new product launches in 2008 – 160 more than its nearest nut rival, the peanut.
The almond industry body says more than half of all Californian almonds are sold to manufacturers, with total worldwide shipments up 18 per cent in 2007/08 compared to the previous year.
