Pistachio Market Report, by Product Type (Shelled and Unshelled), by Distribution Channel (Hypermarkets, Supermarkets, Specialty Stores, Convenience Stores, and Online Channel), and by Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa) – Size, Share, Outlook, and Opportunity Analysis, 2019-2027

  • Published On : Apr 2019 |
  • Pages : 146 Pages |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

­­­Global Pistachio Market – Insights

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 consuming pistachio include weight management, reduced risk of diabetes and cardiovascular diseases, improved immune system, nervous system, and digestion system.

The benefits of consuming pistachios coupled with rising health consciousness among people is fueling growth of the pistachio market. Furthermore, rising prevalence of cardiovascular diseases is driving the pistachio market growth, as pistachios have high nutritional value and helps in lowering the level of bad cholesterol.

For instance, according to the World Health Organization (WHO), cardiovascular disease was the leading global cause of death, accounting for over 17.9 million deaths in 2016 and is expected to increase to over 23.6 million by 2030.

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.

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.

Figure 1. Global Pistachio Market Share (%), By Region, 2017 

 

Source: Coherent Market Insights, 2017-18

Europe held the largest market share of 31.1% in 2017 in the global pistachio. This is attributed to growing popularity of healthier snacking and eating habits among people in this region.

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 Middle East held significant market share in the global pistachio market in 2017, owing to increasing production and trading of pistachio in countries such as Iran and Turkey. Iran was among the largest exporters of pistachio in 2016. According to the International Nut and Dried Fruit Council, Iran accounted for 33% of the global pistachio exports in 2016.

However, low crop yield in 2018/19 led to falling shares of pistachios in Iran. According to the Iranian Pistachio Association, pistachio exports in 2018/19 is projected to decline to 50,000 tons from 105,000 tons in the previous year 2017/18, due to shocking  weather in Iran’s major pistachio producing province.

Figure 2. Global Pistachio Market Share (%), By Product Type, 2017

 

Source: Coherent Market Insights, 2017-18

Among product type, shelled segment accounted for the largest market share in 2017, owing to their use as snacks. Increasing demand for shelled pistachios blended with flavors and seasonings in bakery and confectioneries is driving the market growth.

Various manufacturers are focused towards adopting growth strategies such as mergers & acquisitions and new product launches, in order to enhance their market position. For instance, in January 2017, The Wonderful Company, LLC, one of the key players in the pistachio market, launched roasted unsalted pistachio product with new flavor.

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.

Pistachio nut offers various health benefits such as reduces risk of heart attacks, improves body’s metabolism, relief from constipation, boost immune system, and others. They are rich in nutrients, fibers, low in calories, low glycemic index, and others.

Although it has various health benefits, overconsumption could cause side effects such as gastrointestinal problems, blood pressure, and weight gain.

Market Dynamics

Asia Pacific held significant market share in the global pistachio market in 2017. Increasing demand for nutritious food, owing to rising health awareness among people is driving growth of the pistachio market in this region. Furthermore, growing food service sector is fueling the market growth. According to the India Food Service Report 2013 by the National Restaurant Association of India (NRAI), the Indian food services industry is estimated to reach at US$ 68.16 billion by 2018. The growth of food services sector is expected to drive the pistachio market growth in India.

Increasing demand for pistachios in bakery and confectionery products and rising demand for processed food is driving the market growth. The consumer spending on processed food is expected to reach at US$ 3.6 trillion by 2020 in India, according to India Brand Equity Foundation (IBEF).

Key features of the study:

  • This report provides in-depth analysis of pistachio market and provides market size (US$ Billion and Tons) and Compound Annual Growth Rate (CAGR %) for the forecast period (2019 – 2027), considering 2018 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
  • It profiles leading players in the global pistachio market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study includes 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.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future products launches, technology up-gradation, market expansion, and marketing tactics
  • The global pistachio market report caters to various stakeholders in this industry including investors, suppliers, pistachio manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global pistachio market

Detailed Segmentation:

  • Global Pistachio Market, By Product Type:
    • Shelled
    • Unshelled
  • Global Pistachio Market, By Distribution Channel:
    • Hypermarkets
    • Supermarkets
    • Specialty Stores
    • Convenience Stores
    • Online Channel
  • Global Pistachio Market, By Region:
    • North America
      • U.S.
        • By Product Type:
          • Shelled
          • Unshelled
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Specialty Stores
          • Convenience Stores
          • Online Channel
      • Canada
        • By Product Type:
          • Shelled
          • Unshelled
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Specialty Stores
          • Convenience Stores
          • Online Channel
    • Europe
      • U.K.
        • By Product Type:
          • Shelled
          • Unshelled
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Specialty Stores
          • Convenience Stores
          • Online Channel
      • Germany
        • By Product Type:
          • Shelled
          • Unshelled
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Specialty Stores
          • Convenience Stores
          • Online Channel
      • Italy
        • By Product Type:
          • Shelled
          • Unshelled
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Specialty Stores
          • Convenience Stores
          • Online Channel
      • France
        • By Product Type:
          • Shelled
          • Unshelled
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Specialty Stores
          • Convenience Stores
          • Online Channel
      • Russia
        • By Product Type:
          • Shelled
          • Unshelled
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Specialty Stores
          • Convenience Stores
          • Online Channel
      • Rest of Europe
        • By Product Type:
          • Shelled
          • Unshelled
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Specialty Stores
          • Convenience Stores
          • Online Channel
    • Asia Pacific
      • China
        • By Product Type:
          • Shelled
          • Unshelled
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Specialty Stores
          • Convenience Stores
          • Online Channel
      • India
        • By Product Type:
          • Shelled
          • Unshelled
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Specialty Stores
          • Convenience Stores
          • Online Channel
      • Japan
        • By Product Type:
          • Shelled
          • Unshelled
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Specialty Stores
          • Convenience Stores
          • Online Channel
      • ASEAN
        • By Product Type:
          • Shelled
          • Unshelled
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Specialty Stores
          • Convenience Stores
          • Online Channel
      • Australia
        • By Product Type:
          • Shelled
          • Unshelled
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Specialty Stores
          • Convenience Stores
          • Online Channel
      • South Korea
        • By Product Type:
          • Shelled
          • Unshelled
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Specialty Stores
          • Convenience Stores
          • Online Channel
      • Rest of Asia Pacific
        • By Product Type:
          • Shelled
          • Unshelled
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Specialty Stores
          • Convenience Stores
          • Online Channel
    • Latin America
      • Brazil
        • By Product Type:
          • Shelled
          • Unshelled
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Specialty Stores
          • Convenience Stores
          • Online Channel
      • Mexico
        • By Product Type:
          • Shelled
          • Unshelled
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Specialty Stores
          • Convenience Stores
          • Online Channel
      • Rest of Latin America
        • By Product Type:
          • Shelled
          • Unshelled
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Specialty Stores
          • Convenience Stores
          • Online Channel
    • Middle East
      • GCC
        • By Product Type:
          • Shelled
          • Unshelled
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Specialty Stores
          • Convenience Stores
          • Online Channel
      • Israel
        • By Product Type:
          • Shelled
          • Unshelled
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Specialty Stores
          • Convenience Stores
          • Online Channel
      • Rest of Middle East
        • By Product Type:
          • Shelled
          • Unshelled
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Specialty Stores
          • Convenience Stores
          • Online Channel
    • Africa
      • North Africa
        • By Product Type:
          • Shelled
          • Unshelled
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Specialty Stores
          • Convenience Stores
          • Online Channel
      • Central Africa
        • By Product Type:
          • Shelled
          • Unshelled
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Specialty Stores
          • Convenience Stores
          • Online Channel
      • South Africa
        • By Product Type:
          • Shelled
          • Unshelled
        • By Distribution Channel:
          • Hypermarkets
          • Supermarkets
          • Specialty Stores
          • Convenience Stores
          • Online Channel
  • Company Profiles
    • The Wonderful Company LLC *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Germack Pistachio Company
    • Primex Farms, LLC
    • Horizon Growers
    • Nichols Pistachio
    • Keenan Farms
    • Setton Pistachio of Terra Bella Inc.
    • Santa Barbara Pistachio Company
    • Hellas Farms LLC
    • Del Alba International
    • Ready Roast Nut Company

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Distribution Channel
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Mergers and Acquisitions
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
    • Cost Tier Down Analysis
  4. Global Pistachio Market, By Product Type, 2017- 2027 (US$ Billion & Tons)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Shelled
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2027, (US$ Billion & Tons)
    • Unshelled
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2027, (US$ Billion & Tons)
  5. Global Pistachio Market, By Distribution Channel, 2017- 2027 (US$ Billion & Tons)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Hypermarkets
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2027, (US$ Billion & Tons)
    • Supermarkets
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2027, (US$ Billion & Tons)
    • Specialty Stores
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2027, (US$ Billion & Tons)
    • Convenience Stores
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2027, (US$ Billion & Tons)
    • Online Channel
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 - 2027, (US$ Billion & Tons)
  6. Global Pistachio Market, By Region, 2017- 2027 (US$ Billion & Tons)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Region, 2018 - 2027
    • North America
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2018 - 2027
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion & Tons)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion & Tons)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion & Tons)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion & Tons)
    • Europe
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2018 - 2027
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion & Tons)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion & Tons)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion & Tons)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion & Tons)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion & Tons)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion & Tons)
        • France
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion & Tons)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion & Tons)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion & Tons)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion & Tons)
        • Rest of Europe
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion & Tons)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion & Tons)
    • Asia Pacific
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2018 - 2027
        • China
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion & Tons)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion & Tons)
        • India
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion & Tons)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion & Tons)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion & Tons)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion & Tons)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion & Tons)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion & Tons)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion & Tons)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion & Tons)
        • South Korea
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion & Tons)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion & Tons)
        • Rest of Asia Pacific
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion & Tons)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion & Tons)
    • Latin America
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2018 - 2027
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion & Tons)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion & Tons)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion & Tons)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion & Tons)
        • Rest of Latin America
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion & Tons)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion & Tons)
    • Middle East
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2018 - 2027
        • GCC
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion & Tons)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion & Tons)
        • Israel
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion & Tons)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion & Tons)
        • Rest of Middle East
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion & Tons)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion & Tons)
    • Africa
      • Market Share Analysis, By Country/Region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country/Region, 2018 - 2027
        • North Africa
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion & Tons)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion & Tons)
        • Central Africa
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion & Tons)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion & Tons)
        • South Africa
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Billion & Tons)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Billion & Tons)
  7. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles
      • The Wonderful Company LLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Germack Pistachio Company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Primex Farms, LLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Horizon Growers
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Nichols Pistachio
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Keenan Farms
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Setton Pistachio of Terra Bella Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Santa Barbara Pistachio Company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Hellas Farms LLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Del Alba International
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Ready Roast Nut Company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact

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Research Methodology

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In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
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This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

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  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

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