What is Pistachios Ingredients Market?
The pistachio is the member of the cashew family, which is a small tree originating from Central Asia and the Middle East. The tree produces seeds that are widely consumed as food. The pistachios are a moderate source of calcium, riboflavin, vitamin B5, folate, vitamin E, and vitamin K. The raw pistachios consist of fats including saturated fats, monounsaturated fats and polyunsaturated fats.
The market study is being classified by Type (Powered, Pieces and Other), by Application (Confectioneries, Dairy products, Bakery products, Snacks and Bars and Others) and major geographies with country level break-up.
Borges (United States), Kanegrade (United Kingdom), Voicevale (China), CG Hacking and Sons (United Kingdom), Intersnack (Germany), Olam (Singapore), Bredabest (Netherlands), Barry Callebaut Schweiz (Switzerland), Besanaworld (Italy) and ADM (United States) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Pistachios Ingredients market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Pistachios Ingredients market by Type, Application and Region.
On the basis of geography, the market of Pistachios Ingredients has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Benefits of Pistachios Such as Weight Management, Reduced Risk of Diabetes and Cardiovascular Diseases, Improved Immune System, Nervous System, and Digestion System
- Increasing Health Consciousness Among the People
Market Trend
- Growing Popularity of Healthier Snacking
Restraints
- High Costs of Pistachios May Hamper the Market
Opportunities
- Rising Prevalence of Cardiovascular Diseases
- Increasing Pistachio Production in Countries Such as Spain and Italy
Challenges
- Presence of Major Players is Increasing the Competition
Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organisations and Others