The Recipe Pecan Global Market Report 2023, provides comprehensive information on the recipe pecan market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Recipe Pecan Global Market Report 2023, the market size is expected to grow from $1.93 billion in 2022 to $2.08 billion in 2023 at a compound annual growth rate (CAGR) of 7.81%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The global recipe pecan market size is expected to reach $2.71 billion in 2027 at a CAGR of 6.92%.
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Product innovations are key trends in gaining popularity in the recipe pecan market. Companies operating in the recipe pecan market are developing and launching new-generation products to sustain their position in the market. For instance, in September 2021, THIS PKN, a US-based dairy-free brand owned by sustainable foods company Livestock, launched a new generation of plant-based coffee creamers made from pecan milk. THIS PKN has a rich, buttery flavor that is reminiscent of classic delicacies such as pecan pie and pralines. Each 80-calorie dose contains Omega-3 fatty acids, antioxidants, calcium, zInc., and vitamins A, B, and E. THIS PKN goes well with coffee or espresso, as well as improving basic cereal or turning your morning oats into a delectable delight. This category disruptor is available in two flavors original and 100-calorie chocolate.
The recipe pecan market is segmented:
1) By Type: In-shelled, Shelled
2) By Application: Directly Eat, Confectionery, Bakery
3) By Distribution Channel: Online, Offline
North America was the largest region in the recipe pecan market in 2022.
The table of contents in TBRC’s recipe pecan market report includes:
1. Executive Summary
2. Recipe Pecan Market Characteristics
3. Recipe Pecan Market Trends And Strategies
4. Recipe Pecan Market – Macro Economic Scenario
5. Recipe Pecan Market Size And Growth
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26. Africa Recipe Pecan Market
27. Recipe Pecan Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Recipe Pecan Market
29. Recipe Pecan Market Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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