Press release
Pistachio Market to Observe Strong Growth to Generate Massive Revenue in Coming Years
Global Pistachio Market Analysis and SizeIn recent years, consumers are placing a greater emphasis on healthy eating habits to avoid health problems such as food poisoning, high cholesterol, and obesity. Growing knowledge of the presence of toxins in various food products as a result of the use of pesticides and chemical fertilizers in farming has led to an increase in demand for organic food products, whether they are vegetables, fruits, or nuts. As pistachios are used in food preparation and are eaten as snacks, the organic type is becoming highly popular globally, which is projected to aid the market's growth.
Global Pistachio Market was valued at USD 3,907.07 million in 2021 and is expected to reach USD 5,282.52 million by 2029, registering a CAGR of 3.7% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behavior.
Global Pistachio Market Definition
Pistachios are the seeds of the pistachio plant (Pistachio vera). Pistachios are high in antioxidants and fiber, which aid in lowering cholesterol, controlling blood sugar, and lowering the risk of diseases such as cancer. Pistachios are primarily consumed by people with type 2 diabetes. Pistachios are high in dietary fibres, proteins, xanthophyll carotenoids, manganese, iron, vitamin K, vitamin B-6, and phosphorus, among other minerals. This pistachio also aids in the improvement of body metabolism.
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Pistachio Market Regional Analysis/Insights
The pistachio market is analyzed and market size insights and trends are provided by country, form, end-use, product type and distribution channel as referenced above.
The countries covered in the pistachio market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
Asia-Pacific dominates the pistachio market because of the increasing health awareness among the people and the rising food and services industry within the region.
North America is expected to witness significant growth during the forecast period of 2022 to 2029 due to the growing demand for pistachio as a snack along with the vegan and highly health-conscious consumers within the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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