Kola Nut Market Overview in the USA
The size of the kola nut market in the U.S. dropped remarkably to $ in , with a decrease of -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, enjoyed a moderate expansion. The growth pace was the most rapid in 2013 when the market value increased by % y-o-y. Kola nut consumption peaked at $ in 2019, and then reduced markedly in the following year.