Pistachio Market – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017 – 2025

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Title: Pistachio Market – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017 – 2025


1
Pistachio Market- Global Industry Insight,
Trends, Outlook, and Opportunity Analysis
2017-2025

2
REPORT DESCRIPTION
Pistachio Market Overview
Pistachio are seeds of the plant Pistachia vera.
They are rich in various nutrients such as
proteins, dietary fibers, vitamin K, vitamin B-6,
thiamin, copper, phosphorus, manganese, iron,
magnesium ?-tocopherol, phytosterols, xanthophyll
carotenoids, and others. The benefits of
pistachio consumption includes weight management,
reduced risk of diabetes and cardiovascular
diseases, improved immune system, nervous, and
digestion system. Increasing health awareness
and preference for healthy food are the key
factors driving the growth of pistachio market.
The growing demand for pistachio oil in food and
cosmetic industry, as a gourmet ingredient is
fuelling the growth of pistachio market. Also,
the use of pistachio paste as flavoring agent in
sauces and others is further propelling the
growth of pistachio market. Increasing popularity
of pistachio as flavoring agent in desserts such
as ice-cream, cakes, cookies, and others has
augmented the growth of pistachio
market. However, high cost of pistachios as
compared to other nuts and contamination of
pistachios by carcinogenic substance such as
aflatoxins is restraining the growth of pistachio
market. Various regulatory bodies has set
stringent regulations such as Commission
Regulation (EC) No. 1881/2006 by Europe Union on
aflatoxins content in food and animal feed.
3
REPORT DESCRIPTION
  • Pistachio -Market Taxonomy
  • On the basis of product type, pistachio market is
    segmented into
  • In-shelled
  • Shelled
  • On the basis of distribution channel, pistachio
    market is segmented into
  • Hypermarkets
  • Supermarkets
  • Specialty Stores
  • Convenience Stores
  • Online channel
  • In-shelled pistachio market accounted for the
    highest market share, owing to their use as
    snacks. Increasing demand for in-shelled
    pistachios blended with flavors and seasonings
    accounted for largest segment among the
    distribution channel, supermarkets, and
    hypermarkets.
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    2


4
REPORT DESCRIPTION
Pistachio -Market Outlook Asia Pacific is the
largest and fastest growing region in the
pistachio market, owing to increasing demand for
nutritious food due to growing health awareness
and increasing demand in bakery confectionary and
food services. According to the India Food
Service Report 2013 by the National Restaurant
Association of India (NRAI), the Indian food
serves industry is estimated to reach US 68.16
billion by 2018. The growth in food services
sector is expected to drive the pistachio market
in India. North America region is the second
largest market for pistachios due to the
increasing snacks market and growing demand for
healthy snacks. For instance, according to the
report published in September 2016 by Agriculture
and Agri-Food Canada, snack products are
estimated to grow at CAGR of 2.3 from 2016 to
2020 while nuts snacks segment is estimated to
reach US 5.3 billion by 2020 by CAGR of 2.1
from 2016 to 2020. According to the United States
Department of Agriculture (USDA), approximately
98 of pistachios are produced in California
making the U.S second largest producer and
exporter of pistachios. To Get Discount on this
Report https//www.coherentmarketinsights.com/ins
ight/request-discount/1242
5
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