Global Pistachio Market 2017-2021

Overview of the global pistachio market

Research analysis on the global pistachio market identifies the health advantages of pistachios as one of the major factors that will have a positive impact on the market’s growth. Pistachios contain high nutritional value and many essential nutrients such as proteins and vitamins. It is also rich in fiber content and lowers the level of bad cholesterol resulting in a healthy heart. Moreover, the consumption of pistachios is also beneficial for individuals with type 2 diabetes due to the presence of antioxidants that help to control the level of sugar in the blood. Moreover, the vitamin B6 in pistachios helps in increasing the immunity levels. Additionally, the low saturated fat and high unsaturated fats content also result in the preference of pistachios over other nuts. Technavio’s market research analysts predict that the pistachio industry will grow at a CAGR of more than 5% by 2021.

In terms of geographic regions, EMEA will be the major revenue contributor to the pistachio market throughout the forecast period. The usage of pistachio to offer distinguished flavor to bakery products such as pastries, cakes, biscuits, and cookies and its wide usage in food preparations in the middle-eastern countries, will drive the demand for pistachios in this region.

Competitive landscape and key vendors

The key vendors in the pistachio market are following various promotional strategies to increase the sales of their products. The consumers are becoming more health conscious and are concerned about the ingredients present in foods they consume. Regional level competition is observed in the pistachio-producing countries like the US that consists of a number of vendors. The level of competition will intensify in the pistachio market during the next few years due to the focus of the vendors in the pistachio industry towards expanding their operations in various markets across the globe.

The leading vendors in the market are –

• Germack Pistachio Company
• Oh!Nuts
• SANTA BARBARA PISTACHIO COMPANY
• The Wonderful Company
• WeGotNuts.com

The other prominent vendors in the market are Hellas Farms, Keenan Farms, Fresh Nuts, Pistachio Provenance, KraftFoods, Ready Roast Nut Company, and Specialty Food Association that are aggressively competing to increase their market share.

Segmentation by distribution channel and analysis of the pistachio market

• Specialty stores
• Online retailers
• Independent retailers
• Hypermarkets and supermarkets

During 2016, hypermarkets and supermarkets accounted for the maximum sales of pistachios. These stores display all varieties and brands of pistachio and offer different options for the customers to choose from. This allows customers to coose from a wide range of products based on the price and their need.

Segmentation by product and analysis of the pistachio market

• In-shell
• Shelled

According to this market research analysis and forecast, the in-shell pistachio market segment will account for the maximum shares of the pistachio market until 2021. This is mainly due to the extensive use of in-shell pistachio as snacks, usually in the roasted form and the introduction of pistachios blended with various seasonings and flavors.

Key questions answered in the report include

• What will the market size, market value and the growth rate be in 2021?
• What are the key factors driving the global pistachio market?
• What are the key market trends impacting the growth of the global pistachio market?
• What are the challenges to market growth?
• Who are the key vendors in the global pistachio market?
• What are the market opportunities and threats faced by the vendors in the global pistachio market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global pistachio market?

Technavio also offers customization on reports based on specific client requirement.

Pistachio is a healthy nut which is good in taste and offers a variety of health benefits with low fat and high antioxidant content to improve the body’s immunity. Our market research reports for the food and beverage industry follow a thorough procedure of data collection methodology and present an industry analysis of fast growing market subdivisions like food. This forthcoming market research report on the global pistachio market offers insights into the major trends and evolving drivers inducing the growth of the food industry.

This upcoming market research report on the global pistachio market also covers vendors like Germack, We Got Nuts, Hellas Farms, Golestan, Wonderful Pistachios, Santa Barbara Pistachios, Tulsi Nuts & Dry Fruits, Frito-Lay, and Tong Garden. Additionally, to help the clients to identify possible market opportunities and expand in niche markets, this report on the global pistachio market also covers geographies like the Americas, APAC, and EMEA.According to our market research experts, innovative advertising and marketing campaigns may influence the demand for pistachio is the coming years. The market research experts at Technavio consider the market forecast, market size, and increasing demand for various packaging products and services and offers a clear picture of the global pistachio market for the estimated period of 2017-2021. Additionally, our research practices help clients develop active growth strategies and keep pace with the repeatedly changing market landscape.

Our upcoming industry research report for global pistachio market also categorizes the key drivers, major trends, as well as the constraints that the food sector currently experiences. It also presents insights into the rapidly changing competitive scenario to give clients a realistic picture of the forthcoming events within the food and beverage industry. Technavio also provides exclusive market assessments into the sectors such as food service and non-alcoholic beverages.

Our market research methodology for the pistachio market

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.