Shelled Pistachio Market Research, 2032
The global shelled pistachio market was valued at $1.6 billion in 2022, and is projected to reach $3.3 billion by 2032, growing at a CAGR of 7.3% from 2023 to 2032.
Shelled pistachios are nuts without their outer hard shell, The nut after removal of the hard shell is shelled pistachio. The pistachio nut has naturally occurred in a hard shell, and the inner greenish-yellow nut kernel is ready to consume after the removal process of the shell.
Shelled pistachios are more popular to be consumed as a snack among consumers. Shelled pistachios play a pivotal role as a key ingredient in an array of processed food products, spanning snacks, processed foods, and more. Their allure lies in an exquisite flavor profile encompassing nuttiness, hints of sweetness, and a velvety buttery essence. This distinctive taste has cast a spell on snack manufacturers, becoming a driving force behind the market's burgeoning growth trajectory.
The ascent of shelled pistachios is not a mere coincidence; it is underpinned by a tapestry of influential factors. Chief among these is the surging wave of health consciousness and the pervasive spread of western influences across developing regions. As a snack, pistachios have emerged as a beacon of health, richly endowed with protein, fiber, and heart-healthy fats. The symphony of taste and nutritional prowess they offer further elevates their appeal, resonating strongly with a diverse spectrum of consumers. Notably, the magnetism of shelled pistachios knows no geographical boundaries, transcending regions to spark a global craving. The United States, China, and the European Union stand tall as pivotal importers in this resounding pistachio symphony.
While shelled pistachios shine as a stand-alone snack, their transformative potential is woven into the very fabric of culinary innovation. Beyond solo indulgence, they gracefully waltz into the world of gastronomy, gracing bakery delights, confectionery creations, creamy ice creams, zesty sauces, and vibrant salads. Each integration bestows a distinctive flourish of flavor and texture, forging a symphony of gustatory delight. A increase in consumer demand for audacious flavors has heralded the advent of seasoned shelled pistachios. This cornucopia boasts offerings like honey-roasted allure, the zing of salt and pepper, the fiery embrace of chili-lime, or even the luxurious decadence of chocolate-coated indulgence.
Diving deeper into this pistachio symposium, a tapestry of value-added treasures unfolds. The stage welcomes roasted and salted pistachios, as well as the ethereal indulgence of pistachio butter and the veritable alchemy of pistachio flour. Each innovation resonates with a harmonious chorus of consumer preferences, contributing to the increase of shelled pistachio popularity.
The shelled pistachio industry is segmented into Type, Nature and Sales channels.
As per the shelled pistachio market segmentation, the shelled pistachio market size is segmented into regular & roasted under by type category. By type, the shelled pistachio market is segmented into raw and processed. The raw segment was the fastest growing segment in 2021, owing to the fact that consumers are inclining towards natural form of nuts during the consumption.
Based on nature, it is bifurcated into organic and conventional. By Nature, the shelled pistachio market share is fragmented into Organic and Conventional. The Organic segment was the fastest growing segment in 2021, owing to the increasing health awareness among the consumers especially in the developing regions such as Asia-Pacific.
As per sales channels, the market is divided into supermarkets/hypermarkets, specialty stores, convenience stores, online retailers, and others. On the basis of distribution channel, the market is segmented into supermarkets/hypermarkets, specialty stores,
convenience stores, online retailers, and others. Supermarkets/hypermarkets held a significant share in 2022.
Moreover, the supermarkets/hypermarkets and food services segments collectively accounted for around 35%
of the global market share
Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Spain, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, UAE, and rest of LAMEA).
The key players profiled in this report are The Wonderful Company LLC., Fiddyment Farms, Inc., Bella Viva Orchards, Braga Organic Farms, Aydin Kuruyemis Industry and Trade Inc., RM Curtis and Co Ltd., Olam Group, Primex Farms, LLC, Horizon Nut Company, LLC, and Nichols Farms.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the shelled pistachio market growth for diffrent segments, current trends, estimations, and dynamics of the shelled pistachio market analysis from 2022 to 2032 to identify the prevailing shelled pistachio market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the shelled pistachio market demand assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market to understand the shelled pistachio market forecast.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global shelled pistachio market trends, key players, market segments, application areas, and market growth strategies.
Shelled Pistachio Market Report Highlights
Aspects | Details |
Market Size By 2032 | USD 3.3 billion |
Growth Rate | CAGR of 7.3% |
Forecast period | 2022 - 2032 |
Report Pages | 210 |
By Type |
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By Nature |
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By Sales channels |
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By Region |
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Key Market Players | Bella Viva Orchards, The Wonderful Company LLC., RM Curtis and Co Ltd., Braga Organic Farms, Fiddyment Farms, Inc., Horizon Nut Company, LLC, Nichols Farms, Olam Group, Primex Farms, LLC, Aydin Kuruyemis Industry and Trade Inc. |
Analyst Review
According to the insights of CXOs of leading companies, European consumers seek more healthy snacking options such as shelled pistachios. Healthy snack sales are increasing in the UK, France, Germany, Italy, Spain, and the Netherlands, which is boosting the global shelled pistachios market. Access to a wide range of food & beverage options is becoming increasingly crucial, thus providing manufacturers and merchants with lucrative growth opportunities. As consumers want healthier alternatives to sugary snacks, such as nuts and seeds, fruit, and popcorn, manufacturers are responding by developing products that are more suited to healthy snacking.
CXOs further added that shelled pistachios are gaining high traction among health-conscious consumers, owing to surge in demand for healthy meals as well as rise in demand for gluten-free protein food products. In nations such as India, China, Japan, and Thailand, shelled pistachios are extremely popular. The market for shelled pistachios in Western countries such as the UK and the U.S. is yet unexplored. The demand for shelled pistachios is likely to rise in the near future as consumer awareness of the nuts' numerous health benefits grows. The presence of a large number of untapped markets is expected to offer potential opportunities for new entrants.
The global shelled pistachio market was valued at $1,629.6 million in 2022, and is projected to reach $3,300.5 million by 2032, registering a CAGR of 7.3% from 2023 to 2032.
The forecast period in the market report would be 2023-2032.
The market value of shelled pistachio market in 2022 is $1,629.6 million.
The year 2022 is base year calculated in the shelled pistachio market report.
The demand for shelled pistachio has been growing steadily in recent years as consumers become more health-conscious and seek convenient and nutritious snack options.
The key players profiled in this report are The Wonderful Company LLC., Fiddyment Farms, Inc., Bella Viva Orchards, Braga Organic Farms, Aydin Kuruyemis Industry and Trade Inc., RM Curtis and Co Ltd., Olam Group, Primex Farms, LLC, Horizon Nut Company, LLC, and Nichols Farms.
Europe will dominate the market by the end of 2032.
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