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News provided by INC, International Nut & Dried Fruit
Press Release
May 2024 – Vancouver, Canada
The International Nut and Dried Fruit Council (INC) proudly hosted its premier event, the 41st World Nut and Dried Fruit Congress, in the vibrant city of Vancouver from May 8-10, 2024. Bringing together over 1,200 professionals from more than 60 countries, the congress served as a pivotal forum for sharing insights and strategies that are shaping the future of the nut and dried fruit industry.
Throughout the event, experts convened at round tables to discuss crucial industry trends. Notably, the forecast for the 2024/25 world tree nut production is set to reach an impressive 6.2 million metric tons (kernel basis, with pistachios measured in-shell), marking an 8% increase from the previous season. Significant production increases are anticipated for pine nuts (up 76%), almonds (up 22%), and hazelnuts (up 20%). Other nuts such as macadamias, pistachios, Brazil nuts, and walnuts are expected to see moderate growth ranging from 2% to 8%. Early estimates for the 2024/25 peanut production suggest a yield of around 50 million MT (in-shell basis), while dried fruit production is projected to rise by 4%, reaching 3.4 million MT.
Key themes of resilience, readiness for emerging challenges, and strategic marketing were prevalent throughout the congress. INC Executive Director Goretti Guasch emphasized the potential to boost global demand for nuts and dried fruits by tapping into consumer behavior.
Highlighting the congress were impactful keynote addresses from industry leaders. Marc Low, KPMG Canada's Director of Innovation & Emerging Technology, delved into the revolutionary effects of artificial intelligence. Meanwhile, Professor Janice Gross Stein from the University of Toronto examined the implications of a polarized world and offered guidance on mitigating these challenges for business leaders.
The Nutrition Research Seminar shed light on the benefits of nut-inclusive diets for cardiometabolic health and overall diet quality. Concurrently, the Sustainability Seminar addressed pressing issues such as climate change and geopolitical tensions, underscoring the industry's commitment to sustainable practices.
The congress also featured a bustling exhibition area, showcasing 38 companies from 16 countries, demonstrating the sector's global reach and innovation.
INC Chairman Michael Waring reflected on the event's success, stating, "The INC Congress is indispensable for our industry, bringing the entire supply chain together to collaboratively identify opportunities and strategize for the future. The discussions and data shared here are critical for driving our sector forward."
The event culminated in the prestigious INC Awards, celebrating remarkable achievements within the industry:
- Corporate Golden Nut Award: PLANTERS®
- Award for Excellence in Research: Prof. Cesarettin Alasalvar
- Award for Excellence in Gastronomy: Chef Andrea Carlson
- Award for Excellence in Sustainability – Back to the Planet: Treehouse California Almonds
- Award for Excellence in Sustainability – Back to the People: LIMBUA
As the 41st World Nut and Dried Fruit Congress concluded, participants left with renewed inspiration and actionable insights, poised to tackle the industry's future challenges and opportunities with vigor and innovation.
About INC
The International Nut and Dried Fruit Council (INC) is dedicated to fostering the sustainable growth of the global nut and dried fruit industry. Through strategic initiatives, INC aims to enhance consumption and support businesses within the sector. We encourage people to incorporate the health benefits of nuts and dried fruits into their daily lives, while guiding the industry on sustainability practices and the principles of the circular economy. By promoting research and global awareness of the nutritional advantages of nuts and dried fruits, INC ensures that companies maintain high quality standards and adhere to fair trading practices within national and international frameworks. Our international conventions and meetings provide a platform for the industry to collaborate, advancing the sector with mutual understanding and goodwill. For more information, visit https://inc.nutfruit.org/.
Contact
+34 977 331 416
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