Global Shelled Pistachio Market Size to Exceed USD 3.06 Billion by 2033 | CAGR of 7.25%
Category: Food & BeveragesGlobal Shelled Pistachio Market Size to Exceed USD 3.06 Billion by 2033
According to a research report published by Spherical Insights & Consulting, the Global Shelled Pistachio Market is Expected to Grow from USD 1.52 Billion in 2023 to USD 3.06 Billion by 2033, at a CAGR of 7.25 % during the forecast period 2023-2033.
Get more details on this report -
Browse key industry insights spread across 238 pages with 116 Market data tables and figures & charts from the report on the "Global Shelled Pistachio Market Size, Share, and COVID-19 Impact Analysis, By Type (Raw and Processed), By Nature (Organic and Conventional), By Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, Online Retails, Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033. " Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/shelled-pistachio-market
The shelled pistachio market refers to an industry and trade in pistachios removed from their shells, rendering them ready for consumption or further processing. Shelled pistachios are often sold as a snack, an ingredient in several food products, or a source of goods such as pistachio butter, oil, or flour. As demand for healthy snacks and plant-based products increases, so does the popularity of shelled pistachios because of nutritional values, such as high protein, high fiber, and healthy fats. Moreover, with the growing tendency towards plant-based diets, clean-label products, and natural snacks, shelled pistachios are considered a perfect replacement for processed and artificial snack varieties. This factor has led to an increase in their demand not only in retail but also in the food service sector. Shelled pistachios represent a ready-to-eat product that is always appealing to a busy consumer looking for speedy, healthy food. However, pistachios are relatively more expensive than other nuts, such as almonds or peanuts, especially for shelled varieties. This makes them less accessible to some consumer segments, especially in price-sensitive markets.
The raw segment accounted for the highest share in 2023 and is projected to grow at a substantial CAGR during the forecast period.
Based on the type, the shelled pistachio market is divided into raw and processed. Among these, the raw segment accounted for the highest share in 2023 and is projected to grow at a substantial CAGR during the forecast period. The growth is attributed to consumer preference also driving demand for raw pistachios. Raw pistachios are used due to their natural taste and texture by some consumers, and this can be part of recipes or snacks without extra processing. The raw pistachio is therefore a suitable product for individuals who follow specific diets, such as vegan, vegetarian, or raw food diets.
The organic segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the nature, the shelled pistachio market is divided into organic and conventional. Among these, the organic segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period. The growth is driven by the corresponding use of organic refreshments that are healthy, increasing by the day. The organic market is growing very rapidly since consumers in regions such as Asia Pacific have increased health consciousness. Organic farms for pistachios, to a great extent, follow policies that strictly do not allow the use of synthetic pesticides, herbicides, or even chemical fertilizers. Organic pistachio nuts are normally non-GMO.
The supermarkets & hypermarkets segment dominated the market in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the distribution channel, the shelled pistachio market is divided into supermarkets/hypermarkets, specialty stores, convenience stores, online retailers, and others. Among these, the supermarkets & hypermarkets segment dominated the market in 2023 and is anticipated to grow at a significant CAGR during the forecast period. The segmental growth is due to an extensive range of consumer products and food and beverages available in one place, along with ample parking space and convenient business hours. Many supermarket and hypermarket chains always run sales on pistachios, especially around holidays and other special events.
Europe holds the majority share of the global shelled pistachio market during the forecast period.
Get more details on this report -
Europe holds the majority share of the global shelled pistachio market during the forecast period. Europeans are choosing better snacks that are convenient and nutritious as they become healthier and more conscious of their eating choices. These diets favor shelled pistachios as a nutritious snack that is high in protein, good fats, and antioxidants, which increases demand in the area. The European market is developed and prosperous, and consumers are willing to spend more for sustainable, high-quality, and healthful food products. The substantial market share in the area is maintained by consumers' willingness to spend money on wholesome snacks like pistachios.
Asia Pacific is estimated to grow at the fastest pace in the global shelled pistachio market during the forecast period. The demand for high-end, healthful snack foods like pistachios has increased due to the fast urbanization, growing middle class, and rising disposable incomes in China and India. The APAC region is seeing an increase in urbanization, especially in developing nations like China, India, and Southeast Asia. People are relocating to cities in greater numbers as a result of urbanization, and they are favoring more readily available, prepared foods like shelled pistachios.
Major vendors in the global shelled pistachio market are Bella Viva Orchards, Horizon Nut Company, LLC, RM Curtis and Co. Ltd., Primex Farms, LLC, Nichols Farms, Fiddyment Farms, Inc., Aydin Kuruyemis Industry and Trade Inc., Braga Organic Farms, Olam Group, The Wonderful Company LLC., Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In November 2024, Careem has teamed up with Dubai Bling star Ebraheem El Samadi and founder of Forever Rose and launched an exclusive line of luxury chocolate bars only on Careem Groceries. These chocolates are made of pure Belgian chocolate, palm, and vegetable oils-free. Kunafa Pistachio, Lotus, and Peanut Butter are among the flavors that take inspiration from local tastes.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the shelled pistachio market based on the below-mentioned segments:
Global Shelled Pistachio Market, By Type
- Raw
- Processed
Global Shelled Pistachio Market, By Nature
- Organic
- Conventional
Global Shelled Pistachio Market, By Distribution Channel
- Supermarkets/Hypermarkets
- Specialty Stores
- Convenience Stores
- Online Retails
- Others
Global Shelled Pistachio Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
CONTACT US:
For More Information on Your Target Market, Please Contact Us Below:
Phone: +1 303 800 4326 (the U.S.)
Phone: +91 90289 24100 (APAC)
Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com
Contact Us: https://www.sphericalinsights.com/contact-us
Need help to buy this report?