Global Pistachio Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Pistachio Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global pistachio market report has been segmented on the basis of form, end-use industries, distribution channel, and region.
Global Pistachio Market: Overview
Pistachios are seeds of pistachio vera plant. Pistachios consists of antioxidants are rich in fiber as they are helpful in reducing cholesterol levels, and keeps the sugar controlled and reduces the risk of diseases like cancer. Pistachios are mostly consumed among type 2 diabetes patients. Pistachios comprises of many nutrients including dietary fibers, proteins, xanthophyll carotenoids, manganese, iron, vitamin K, vitamin B-6, and phosphorus. These pistachios have many advantages which consist of reduced risk of cardiovascular diseases and diabetes, improved digestion system, immune system, and nervous. This pistachio is also helpful in improving body metabolism.
Global Pistachio Market: Dynamics
Rising awareness about advantages by consuming pistachio and rising number of health conscious consumers coupled with increasing number of consumers detecting that the pistachios as culpability free and rich source of nutrients are the major factors expected to drive the target market. In addition, rising usages of pistachio as a flavoring agent in the bakery product coupled with rising consumption of pistachio as a snack are some of the other factors expected to drive demand of the pistachio. Furthermore, growing demand for pistachio oil in food and cosmetic industry is among the other factor expected to drive the growth of the target market. However, high cost of pistachios as compared to other nuts and impurity of pistachios by hazardous substance including aflatoxins are a major factor that could restraining the growth of the target market.
One of the major trend observed in the global pistachio market are several of the food producers, especially in snacks and dessert area, are shifting their attention towards rolling out pistachio-flavored products, in a bid to capitalize on flavor.
Global Pistachio Market: Segment Analysis
Among the form segments, whole segment is dominating in the global market in terms of revenue share. Among the end-use industries, bakery and confectionary is dominating in the global market in terms of revenue share. As there is high demand for pistachios in bakery and confectionaries. This is the factor expected to drive the growth of end-use industries segment. Among distribution channel segment wholesaler/distributer segment is dominating in the global market in terms of revenue share.
Global Pistachio Market: Regional Analysis
Currently, North America market is accounted for the major share and is expected to drive growth over the forecast period as many of the consumers are becoming more health conscious and is resulting in higher demand for nutritious food coupled with as pistachio is widely used as a flavoring agent in a bakery product such as biscuits, pastries, cookies in countries in the region. Asia Pacific market in expected to register fastest growth in terms of revenue in the near future due to rising disposable income and increasing food and beverages expenditures are the factors which drive the growth of the target market in Asia Pacific region.
Global Pistachio Market Segmentation:
Segmentation by form:
Segmentation by end-use industries:
- Bakery and Confectionery
- Flavored Drink
- Breakfast Cereals
- Butter and Speed
- Dairy Products
Segmentation by distribution channel:
- Modern Trade
- Convenience Stores
- Online Sales
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Germack Pistachio Company
- Santa Barbara Pistachio Company
- The Wonderful Company LLC
- Hellas Farms LLC
- Keenan Farms Inc.
- Farm Fresh Nuts
- Setton Pistachio of Terra Bella, Inc.
- Pistachio Provenance
- Ready Roast Nut Company, LLC
- Whistler Foods Co.
- Bates Nut Farm
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