Pistachio Market Rising Growth 2026 By Leading Players - Hellas Farms LLC, Keenan Farms, Farm Fresh Nuts, Setton Pistachio of Terra Bella, Inc., Pistachio Provenance, and Ready Roast Nut Company

Pistachio are seeds of the plant Pistachia vera. They are rich in various nutrients such as proteins, dietary fibers, vitamin K, vitamin B-6, thiamin, copper, phosphorus, manganese, iron, magnesium γ-tocopherol, phytosterols, xanthophyll carotenoids, and others. The benefits of pistachio consumption includes weight management, reduced risk of diabetes and cardiovascular diseases, improved immune system, nervous, and digestion system.

Increasing health awareness and preference for healthy food are the key factors driving the growth of pistachio market. The growing demand for pistachio oil in food and cosmetic industry, as a gourmet ingredient is fuelling the growth of pistachio market. Also, the use of pistachio paste as flavoring agent in sauces and others is further propelling the growth of pistachio market. Increasing popularity of pistachio as flavoring agent in desserts such as ice-cream, cakes, cookies, and others has augmented the growth of pistachio market.

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Pistachio -Market Outlook:

Asia Pacific is the largest and fastest growing region in the pistachio market, owing to increasing demand for nutritious food due to growing health awareness and increasing demand in bakery confectionary and food services. According to the India Food Service Report 2013 by the National Restaurant Association of India (NRAI), the Indian food serves industry is estimated to reach US$ 68.16 billion by 2018. The growth in food services sector is expected to drive the pistachio market in India.

North America region is the second largest market for pistachios due to the increasing snacks market and growing demand for healthy snacks. For instance, according to the report published in September 2016 by Agriculture and Agri-Food Canada, snack products are estimated to grow at CAGR of 2.3% from 2016 to 2020 while nuts snacks segment is estimated to reach US$ 5.3 billion by 2020 by CAGR of 2.1% from 2016 to 2020. According to the United States Department of Agriculture (USDA), approximately 98% of pistachios are produced in California making the U.S second largest producer and exporter of pistachios.
Pistachio -Market Taxonomy:

On the basis of product type, pistachio market is segmented into:

In-shelled
Shelled
On the basis of distribution channel, pistachio market is segmented into:

Hypermarkets
Supermarkets
Specialty Stores
Convenience Stores
Online channel

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Key players operating in the pistachio market include Germack Pistachio Company, Santa Barbara Pistachio Company, The Wonderful Company LLC, Hellas Farms LLC, Keenan Farms, Farm Fresh Nuts, Setton Pistachio of Terra Bella, Inc., Pistachio Provenance, and Ready Roast Nut Company.

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This release was published on openPR.