The North America Shelled Pistachio Market would witness market growth of 6.6% CAGR during the forecast period (2023-2030).In the year 2019, the North America market's volume surged to 2,426.5 tonnes, showcasing a growth of 3.4% (2019-2022).
The symphony of flavour and nutritional prowess they provide further enhances their appeal, engaging firmly with a broad range of consumers. Notably, the demand for shelled pistachios transcends geographical boundaries. With the growth of online shopping platforms, there's been an increase in direct-to-consumer sales of nuts, including shelled pistachios. Brands have been working to enhance their online presence and offer products directly to consumers. The push for sustainable and environmentally friendly agricultural practices has also impacted the pistachio industry. Water-efficient farming and reduced pesticide use are becoming essential aspects of pistachio farming.
The transformational potential of shelled pistachios has been incorporated into the fundamental fabric of culinary creativity. They gracefully saunter into the world of cuisine, adorning pastry treats, confectionary creations, ice creams, spicy sauces, and salads. Each component imparts a distinct flavour and texture embellishment, creating a symphony of gustatory pleasure. The development of seasoned shelled pistachios is precipitated by increased consumer demand for bold Flavors.
The North American shelled pistachio market is an integral segment of the global pistachio industry, with the United States, particularly California, being a significant producer. The U.S., especially California, is one of the world's leading producers of pistachios. The state's Mediterranean climate is ideal for pistachio cultivation. California's Central Valley, spanning areas such as Fresno, Kern, and Tulare, is the hub for pistachio cultivation. There's a rising demand in North America due to their health benefits, convenience, and versatile culinary applications.
Canada has a growing trend toward organic, non-GMO, and sustainably produced food products, as with many developed markets. Mexico has various nuts, such as peanuts, pecans, and almonds. This poses a competitive challenge for pistachios. With its emerging market dynamics, segments of the population in Mexico have increasing purchasing power, which could drive demand for luxury and health-associated foods, including pistachios. Thus, the region presents lucrative growth opportunities for the expansion of the market.
The US market dominated the North America Shelled Pistachio Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $513.9 Million by 2030. The Canada market is poised to grow at a CAGR of 9% during (2023 - 2030). Additionally, The Mexico market would showcase a CAGR of 8.1% during (2023 - 2030).
Based on Type, the market is segmented into Processed, and Raw. Based on Sales Channel, the market is segmented into Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, Online Retails, and Others. Based on Nature, the market is segmented into Conventional, and Organic. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Shelled Pistachio Market is Projected to reach USD 2.6 Billion by 2030, at a CAGR of 6.9%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include The Wonderful Company LLC, Fiddyment Farms, Inc., Bella Viva, Orchards Inc., Braga Organic Farms, Ayd?n Kuruyemi? Sanayii ve Ticaret A.?, RM Curtis and Co Ltd., Olam Group Limited (Temasek Capital), Primex International Trading Corporation, HORIZON Nut Company, LLC, and Nichols Farms
By Type (Volume, Tonnes, USD Million, 2019-2030)
By Sales Channel (Volume, Tonnes, USD Million, 2019-2030)
By Nature (Volume, Tonnes, USD Million, 2019-2030)
By Country (Volume, Tonnes, USD Million, 2019-2030)
Unique Offerings Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
