About Pistachio Nuts
Pistachio Nuts is a member of the cashew family. It is a small tree originating from Central Asia and the Middle East. The tree produces seeds that are widely consumed as food. It can be eaten directly or used in cooking and other bakery products. It is a highly adopted food for nutrition concerns. This market has seen strong growth potential in the future with the rising purchasing behavior of the customers. The leading providers are majorly focused on technology advancement in packaging and also companies are investing in the enhancement of distribution channels.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global Pistachio Nuts market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativity to intensification their market share and escalation their profitability. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Makin (Greece), Olam (Singapore), Kanegrade (United Kingdom), Barry Callebaut Schweiz (Switzerland), Rasha Pistachio (Iran), Sun Impex (The Netherlands), Borges (Spain) and Besanaworld (Italy) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Pistachio Nuts market by Type (Short Fruit Pistachio, Long Fruit Pistachio and Precocious Pimps), Application (Bakery & Confectionery, Flavored Drink, Breakfast Cereals, Snacks, Butter & Spread, Dairy Products and Others) and Region.
On the basis of geography, the market of Pistachio Nuts 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). If we see Market by Distribution Channel, the sub-segment i.e. Offline will boost the Pistachio Nuts market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Paste will boost the Pistachio Nuts market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Online Purchasing Trend from Consumer and High Adoption in Bakery Products
Market Growth Drivers:
Rising Nutrition Awareness Along With Rising Purchasing Behaviors and High Growth in Food and Beverages Industry
Challenges:
Growing Pricing of Pistachio Nuts and Rising Number of Allergies from Pistachio Nuts
Restraints:
Fluctuation in Rates and Foreign Currency Exchange Rates
Opportunities:
Advancement in Distribution Channels across the Globe Creates Huge Growth Potential in Market
Market Leaders and their expansionary development strategies
In November 2023, Los Angeles-based Wonderful Pistachios has launched an advertising campaign called “Remember, They’re Wonderful. The campaign reminds consumers that the pistachios they know and love are the ones with the word Wonderful right on the bag.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.