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

Global Shelled Pistachio Market Insights Forecasts to 2033

• The Global Shelled Pistachio Market Size was estimated at USD 1.52 Billion in 2023
• The Market Size is Expected to Grow at a CAGR of around 7.25% from 2023 to 2033
• The Worldwide Shelled Pistachio Market Size is Expected to Reach USD 3.06 Billion by 2033
• Asia Pacific is expected to grow the fastest during the forecast period.

The global shelled pistachio market size was worth around USD 1.52 Billion in 2023 and is predicted to grow to around USD 3.06 Billion by 2033 with a compound annual growth rate (CAGR) of 7.25% between 2023 and 2033. The shelled pistachio market is driven by health trends, increasing consumer demand for convenient and nutritious snacks, the rise of plant-based eating habits, and the growing popularity of clean-label products.

Market Overview

The shelled pistachio market involves the production and trade of pistachios separated from their shells, prepared to be eaten or further processed for sale. Shelled pistachio is commonly marketed as ready-to-eat food, utilized as an ingredient in food preparation, or, in the form of a commodity, serves as the foundation for preparing pistachio butter, oil, or flour. Pistachios are good sources of nutrient content with abundant protein, dietary fiber, good fats, and many different types of vitamins and minerals. Moreover, the market represents raw, roasted, and salted-shelled pistachios along with flavored varieties. The applications range from snack food to bakery and confectionery and food service industries. Shelled pistachio's extensive use in terms of its flavor profile and nutritional properties, this product has gained better acceptance among the various segments of products. A major driver behind the rising shelled pistachio market growth is on-the-go eating habits and consumption patterns, associated with growing awareness about health-related concerns among consumers. The demand for pistachios also gets further stimulated by the fact that the requirement for plant-based protein sources and Mediterranean and Middle Eastern cuisines is on an increasing trend.

Report Coverage

This research report categorizes the shelled pistachio market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the shelled pistachio market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the shelled pistachio market.

Driving Factors

Pistachios abound in healthy fats, proteins, fiber, and minerals, earning a wide attraction from health-conscious consumers. Thus, growing demand for healthy as well as rich, nutritious food across the globe further contributes to raising pistachios' consumption as healthy snack material. Shelled pistachios are considered the perfect alternative to processed and artificial snack options, as there is an increasing shift towards plant-based diets, clean-label products, and natural snacks. This has made them popular in both retail and food service sectors.  Shelled pistachios have become more widely used in culinary and baking, and in high-end gourmet food products, for cooking, baking, and food products all around the globe.

Restraining Factors

Pistachios, especially shelled varieties, cost more than many other nuts. This makes pistachios out of reach for some consumer segments, especially for price-sensitive markets. The supply of pistachios is influenced by seasonal variation, and interruptions in the crop harvest can lead to shortages or cause price volatility of the commodity in the market, affecting the supply and price of shelled pistachios.

Market Segmentation

The shelled pistachio market share is classified into type, nature, and distribution channel.

• 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 some consumers who like the natural taste and texture of raw pistachios, which can be used in recipes or as a snack without further processing. Raw pistachios are appropriate for those following certain diets, including 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 its 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 increased health awareness among consumers, especially in developing countries such as Asia Pacific. Organic pistachio farms strictly follow guidelines to avoid the use of synthetic pesticides, herbicides, and chemical fertilizers. Organic pistachios are usually non-GMO

• The supermarkets and 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 and 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 the choice of a diverse range of customer goods and edible and beverage stuff under the same roof with sufficient parking capacity and business time. Supermarkets as well as hypermarkets offer pistachio sales and some other offers to attract customers as part of seasonable sales through holidays or special events.

Regional Segment Analysis of the Shelled Pistachio Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Europe is anticipated to hold the largest share of the shelled pistachio market over the predicted timeframe.

Europe is anticipated to hold the largest share of the shelled pistachio market over the predicted timeframe. Europeans are becoming healthier and more aware of their food choices, increasingly opting for healthy snacks that not only are convenient but also offer nutritional value. Shelled pistachios as a healthy snack with protein and beneficial fats along with antioxidants appeal to these diets, thereby raising demand in the region. The European market is affluent and mature; consumers are ready to pay extra for healthy, high-quality, and sustainable food products. The willingness of consumers to invest in nutritious snacks like pistachios helps maintain the large market share in the region.

Asia Pacific is expected to grow at a rapid CAGR in the shelled pistachio market during the forecast period. China and India have witnessed rapid urbanization, rising disposable incomes, and a growing middle class, driving demand for healthy, premium snack foods such as pistachios. Urbanization is gaining momentum in the APAC region, particularly in emerging markets like China, India, and Southeast Asia. With increased urbanization, people are moving to cities, where they increasingly prefer more convenient, ready-to-eat food products, such as shelled pistachios.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the shelled pistachio market along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• 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) 

Recent Development

• In November 2024, Careem partnered with Ebraheem El Samadi, star of "Dubai Bling" and founder of Forever Rose, to launched a line of luxury chocolate bars exclusively on Careem Groceries. These premium chocolates are crafted from pure Belgian chocolate and are free from palm and vegetable oils. The flavors include Kunafa Pistachio, Lotus, and Peanut Butter, each inspired by 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 Analysis

• 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 and Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East and Africa