According to a new report, published by KBV research, The Global Shelled Pistachio Market size is expected to reach $2.6 billion by 2030, rising at a market growth of 6.9% CAGR during the forecast period. In the year 2022, the market attained a volume of 9,553.9 tonnes, experiencing a growth of 3.6% (2019-2022).
The Raw segment is showcasing a CAGR of 8.8% during (2023 - 2030). Consumer preferences play a significant role in driving demand for raw pistachios. Some consumers prefer the natural taste and texture of raw pistachios and may use them in recipes or as snacks without any additional processing. Raw pistachios are a suitable choice for individuals following specific dietary patterns, such as vegan, vegetarian, or raw food diets.
The Supermarkets/Hypermarkets segment is leading the Global Shelled Pistachio Market by Sales Channel in 2022; thereby, achieving a market value of $838.1 Million by 2030. The growth of the segment is due to the availability of an extensive selection of consumer products and food and beverages under one roof, in addition to ample parking and convenient business hours. Supermarkets and hypermarkets often run promotions and sales on pistachios, especially during holiday seasons or special events.
The Organic segment is exhibiting a CAGR of 8% during (2023 - 2030). This corresponds with the increasing demand for organic and healthy refreshment options. The organic segment is a rapidly growing segment due to rising health consciousness among consumers, particularly in developing regions like Asia Pacific. Organic pistachio farms adhere to strict guidelines that prohibit the use of synthetic pesticides, herbicides, and chemical fertilizers. Organic pistachios are typically non-genetically modified (non-GMO).
The Europe region dominated the Global Shelled Pistachio Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $805.2 Million by 2030. The North America region is poised to grow at a CAGR of 6.6% during (2023 - 2030). Additionally, The Asia Pacific region would witness a CAGR of 7.4% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/shelled-pistachio-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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 Geography (Volume, Tonnes, USD Million, 2019-2030)
Companies Profiled