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 growing online sales of nuts, including pistachios, almonds, cashews, and others, can be traced back to various factors, reflecting both the evolving consumer purchasing habits and the efforts of businesses to cater to these changes. Consequently, the Online Retails segment captured $251.7 million revenue in 2022. Consumers are finding it more convenient to order products online, and this trend has extended to food products, including nuts. Online platforms allow consumers to access a wider variety of nuts, including specialty and rare varieties that might not be available at their local grocery store. Many nut producers have started selling directly to consumers through their websites. Some of the factors impacting the market are increase in awareness about the health benefits of shelled pistachios, rising culinary innovation, and Probable health concerns associated with consumption.
Growing awareness of the nutritional benefits of shelled pistachios has contributed considerably to their increasing appeal and consumption over time. This trend is part of a broader global movement towards healthier eating habits and including nutrient-rich foods in the diet. Pistachios are packed with essential nutrients. As health and wellness have become popular topics in media, nuts like pistachios often get coverage. Influencers, bloggers, and nutritionists regularly feature pistachios in their content, discussing their health benefits. Therefore, the rising consumption of pistachios as a healthy food is propelling the growth of the market. Moreover, the versatility of shelled pistachios has inspired a range of culinary innovations in recent years. As professional chefs and home cooks look for unique ingredients to enhance flavor, texture, and aesthetics, pistachios have become popular. Given their multifaceted appeal, pistachios are likely to continue being a favorite in culinary explorations worldwide. Thus, such factors will aid in the advancement of the market in the coming years.
However, while shelled pistachios offer many health benefits and are generally safe for most people, they can have some adverse effects in specific circumstances. Like other tree nuts, pistachios can cause allergic reactions in some individuals. Symptoms can range from mild (like skin rashes or an upset stomach) to severe, including anaphylaxis, a potentially life-threatening condition that needs immediate medical attention. People with a history of oxalate-containing kidney stones have to be cautious about their pistachio intake. Hence, these adverse effects of its consumption may in turn hamper the growth of the market.
Based on type, the market is segmented into raw and processed categories. The processed segment acquired the highest revenue share in the market in 2022. In recent years, the demand for shelled pistachios has increased due to a greater understanding of their numerous advantages over their unprocessed counterparts. This results from the increasing demand for processed-shelled pistachios as an alternative to other treats such as popcorn and peanuts.
By sales channel, the market is classified into supermarkets/hypermarkets, convenience stores, specialty stores, online retailers, and others. The convenience stores segment recorded a substantial growth rate in the market in 2022. Convenience stores may offer shelled pistachios at competitive price points, making them accessible to a broad range of consumers. Convenience stores strategically place shelled pistachios near the checkout counter or in high-traffic areas to encourage impulse purchases. Eye-catching displays and signage can also draw attention to the product.
On the basis of nature, the market is divided into organic and conventional varieties. The conventional segment acquired the largest revenue share in the market in 2022. The growth of the segment is due to the product's widespread availability and market penetration. Conventional shelled pistachios refer to pistachio nuts that have been harvested, processed, and prepared for consumption without the use of specialized or unconventional methods. Conventional shelled pistachios are typically packaged in airtight containers or bags to maintain freshness and prevent moisture and oxygen from affecting the quality of the nuts.
| Report Attribute | Details |
|---|---|
| Market size value in 2022 | USD 1.5 Billion |
| Market size forecast in 2030 | USD 2.6 Billion |
| Base Year | 2022 |
| Historical Period | 2019 to 2021 |
| Forecast Period | 2023 to 2030 |
| Revenue Growth Rate | CAGR of 6.9% from 2023 to 2030 |
| Number of Pages | 322 |
| Number of Table | 690 |
| Quantitative Data | Volume in Tonnes, Revenue in USD Million, and CAGR from 2019 to 2030 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling |
| Segments covered | Type, Sales Channel, Nature, Region |
| Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
| Growth Drivers |
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| Restraints |
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Based on the region, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific region garnered a remarkable growth rate in the market in 2022. An increasing number of consumers in the Asia-Pacific region are becoming health-conscious and looking for snacks that align with their dietary and wellness goals. Shelled pistachios are often seen as a guilt-free option due to their nutritional profile. In some countries within the Asia-Pacific region, pistachios are often given as gifts, especially during festivals and celebrations. This tradition has contributed to seasonal spikes in demand.
Free Valuable Insights: Global Shelled Pistachio Market size to reach USD 2.6 Billion by 2030
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 Geography(Volume, Tonnes, USD Million, 2019-2030)
This Market size is expected to reach $2.6 billion by 2030.
Rising culinary innovation are driving the Market in coming years, however, Probable health concerns associated with consumption restraints the growth of the Market.
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
In the year 2022, the market attained a volume of 9,553.9 tonnes, experiencing a growth of 3.6% (2019-2022).
The Supermarkets/Hypermarkets segment is leading the Market by Sales Channel in 2022; thereby, achieving a market value of $838.1 Million by 2030.
The Europe region dominated the 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.
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