Industry Background:
Pistachios contain antioxidants wealthy in fiber as they assist scale back steroid alcohol levels, keep the sugar controlled, and scale back the chance of diseases like cancer. Pistachios are principally consumed among kind a pair of polygenic disorder patients. Pistachios are one of every of the foremost versatile and distinctive styles of nuts; with a singular flavor and color. they're edible seeds that contain healthy fats, protein, fiber, and antioxidants.
According to AMA Research, the market for Pistachios is expected to register a CAGR of 3.2% during the forecast period to 2027. This growth is primarily driven by Rising Demand for the High Nutrition Healthy Snacks Options
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Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | N |
Value Unit | Value (USD Million) |
Key Companies in Study | Sierra Nut House (United States), Setton Pistachio of Terra Bella Inc. (United States), Houston Pecan Company (United States), Whistler Foods (New Zealand), The Pistachio Co Food Trading LLC (United Arab Emirates), Bates Nut Farm (United States), Rasha Pistachio Co. (Iran), Wonderful Pistachios and Almond Company LLC (United States), Meridian Growers LLC (United States) and Germack Pistachio Company (United States) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Globally, a noticeable market trend is evident Clean Label Packaging and Addition of Organic Ingredients
. The Food Products sector in the Europe region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Sierra Nut House (United States), Setton Pistachio of Terra Bella Inc. (United States), Houston Pecan Company (United States), Whistler Foods (New Zealand), The Pistachio Co Food Trading LLC (United Arab Emirates), Bates Nut Farm (United States), Rasha Pistachio Co. (Iran), Wonderful Pistachios and Almond Company LLC (United States), Meridian Growers LLC (United States) and Germack Pistachio Company (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In 2021, Wonderful Pistachios launched two additions to its successful Wonderful Pistachios No Shells product line BBQ and Sea Salt & Vinegar. This launch is set to cater to the taste preference of the consumers in pistachio functional food and ready-to-eat snacks.The global market for the pistachio is fragmented by global players owing to the ready-to-eat and healthy snack option demand from the consumers. The players should focus on innovation in flavors of the pistachio and attractive packaging for the attention and rise in sales.
Market Drivers
- Rising Demand for the High Nutrition Healthy Snacks Options
- Increasing Usage of Pistachios in Different Drinks and Beverages
Market Trend
- Clean Label Packaging and Addition of Organic Ingredients
- Addition of Extra Mixes and Salted Flavours in the Product
Restraints
- Fluctuating Raw Material Price Hampers the Market
Opportunities
Increasing Usage of Pistachio in Functional Foods in Fitness Industry
Challenges
Availability of Substitutes Hindering the Pistachios Market
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Pistachios Study Sheds Light on
The Pistachios Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Pistachios industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Pistachios industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.