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Pistachio Market Analysis and Forecast to 2026 with Key Players The Wonderful Company LLC, Germack Pistachio Company, Primex Farms, LLC, Horizon Growers, Nichols Pistachio, Keenan Farms and Setton Pistachio of Terra Bella Inc.

Pistachio Market

Pistachio Market

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.

However, high cost of pistachios as compared to other nuts and contamination in pistachios by carcinogenic substances such as aflatoxins is restraining growth of the pistachio market. Various government regulatory bodies have a set of stringent regulations such as Commission Regulation (EC) No. 1881/2006 by Europe Union on aflatoxins content in food and animal feed.

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Furthermore, increasing pistachio production in European countries such as Spain and Italy is propelling the market growth. According to the U.S. Department of Agriculture (USDA), pistachio production in Spain was 4,764 MT in 2015 and reached up to 5,618 MT in 2016. Furthermore, according to Global Agricultural Trade System (GATS), total sales of pistachios in Europe was US$ 426 million in 2015.
The global pistachio market was pegged at 657,380.0 tons in 2017 and is expected to exhibit a CAGR of 3.2% in terms of volume over the forecast period (2019 – 2027), to reach 851,582.0 tons by 2027.

Major players operating in the global pistachio market include The Wonderful Company LLC, Germack Pistachio Company, Primex Farms, LLC, Horizon Growers, Nichols Pistachio, Keenan Farms and Setton Pistachio of Terra Bella Inc. Other players are Santa Barbara Pistachio Company, Hellas Farms LLC, Del Alba International and Ready Roast Nut Company.

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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