The Global Pistachios market study covers in-depth analyses of key players in terms of market, applications, and regions to help you identify domestic and international competition. The biggest rivals in the Global Pistachios market are discussed in the study in terms of company size, market share, market expansion, revenue, output volume, and profitability. By providing thorough profiles of companies and the goods/services they provide, it helps you better comprehend the competition. We use a variety of approaches, including competitive benchmarking, the BCG matrix, and others to determine the market share of companies in the Global Pistachios market.
Pistachios Market size was valued at US$ 4150 Mn. in 2021 and the total revenue is expected to grow at 3.90% through 2022 to 2029, reaching nearly US$ 5636 Mn.
Global Pistachios Market Overview:
Significant growth is projected for the global pistachio market, and it is anticipated that this trend will continue over the projection period. Growing health consciousness among people and the inclusion of numerous nutritional components including vitamins, lipids, and minerals in pistachios are contributing factors to the market’s expansion. According to the International Dried Fruits and Nuts Council, global production of pistachios increased by 31% between 2017 and 2018, from 587,506 MT to 771,494 MT (IDFNC).
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Global Pistachios Market Segmentation
Based on the Product, the global pistachios market is classified into in-shelled and shelled. Shelled segment dominates the global pistachios market owing to higher production and nutritional value. In 2017, 461 Mn pounds of shelled pistachios, while 139 million pounds of In-Shelled pistachios are sold according to NASS. The In-shelled pistachios are sold for domestic consumption as roasted and salted snack food.
Global Pistachios Market Key Players:
- Primex Int’l Trading Corp., • Horizon Growers, • Nichols Farms • Keenan Farms • Setton Pistachio of Terra Bella Inc. • Whistler Foods • Sierra Nut House Inc. • Houston Pecan Co • BATES NUT FARM • Pistachio Provenance • SANTA BARBARA PISTACHIO COMPANY • Specialty Food Association Inc. • Ready Roast Nut Company • WeGotNuts • Germack Pistachio Company
Global Pistachios Market Regional:
With a revenue of USD 277.9 in 2020, North America held the biggest market share. Due to higher production levels in this area, it is expected to continue its top spot in the worldwide apple cider vinegar market over the projected period. Additionally, throughout the course of the projection period, increased consumption for the apple cider market will be caused by numerous industries in the U.S. developing advanced products.
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COVID-19 Impact Analysis on Global Pistachios Market :
Due to its large production and widespread public awareness of the health advantages and nutritional worth of pistachios, North America dominates the world market for pistachios. Pistachios had a market value of $ 2100 Mn in the US in 2020. North America’s pistachio market is dominated by the United States, Canada, and Mexico. Pistachios are commonly eaten as snacks in America. 95 percent of the output is accounted for by the US, Turkey, and Iran. Pistachio consumption in the United States reached 255k tonnes in 2019. Pistachio agriculture is very well suited to the temperature and fertile terrain of America, which increases production.
About Report:
The report also helps in understanding the global pistachios market dynamics, structure by analyzing the market segments and project the global pistachios market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global pistachios market make the report investor’s guide.
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