Global Pistachio Market – Complete Market Overview & Analysis
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The “Global Pistachio Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026” research study available on Decisiondatabases.com gives a detailed description of the growth trends, market drivers, opportunities and restraints of the global pistachio market. The report expects the global pistachio market to have a CAGR of 2.5% within the forecasted period from 2020 to 2026.
Pistachios are the seeds of the deciduous tree Pistacia Vera that are natives of Central and Western Asia. Pistachios are commonly used as snacks and for food preparations by consumers globally owing to the high percentage of fat and being a good source of protein, carbohydrate, vitamin, niacin, thiamine, magnesium, calcium, potassium and phosphorous. They are used to flavor both savory and sweet dishes such as ice cream, sweet, and milk beverages. The seeds can be roasted or used in its raw form with seasoning for adding flavor.
The growth in the application of pistachios as flavoring agents and the increased adoption of healthy eating habits are the key drivers of the global pistachio market. It has strong antioxidant properties which help in reducing cholesterol levels and also controls sugar. These properties are much sought-after due to which it has fuelled the pistachio consumption significantly among type 2 diabetes patients. In addition to these, pistachios also have high vitamin B content which helps to increase immunity levels. The rising knowledge of benefits that can be obtained from the consumption of pistachio has enabled the market to gain traction worldwide. However, the impurity caused by aflatoxin may act as a restraint towards the growth of the global pistachio market.
By form, the global pistachio market has been classified as whole, powder and roasted.
Based on end-user, bakery & confectionary, flavored drinks, snacks and dairy products are the segments of the global pistachio market as per the report.
By distribution channel, hypermarkets & supermarkets, retailers, specialty stores and online retailers are the segments of the global pistachio market.
North America, Europe, Asia Pacific, Latin America and Middle East & Africa are the geographical segments of the global pistachio market.
The complete competitive landscape of the worldwide market is also covered along with the company profiles of the key players such as Bates Nut Farm, Germack Pistachio Company, Houston Pecan Company, Meridian Growers LLC, Rasha Pistachio Co., Setton Pistachio of Terra Bella, Inc., Sierra Nut House, The Pistachio Co Food Trading LLC., Whistler Foods and Wonderful Pistachios & Almond Company LLC among others. Besides, information in terms of H.Q, key mergers & acquisitions, financial overview, partnerships and new product launches & developments is also available in the report.
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