Pistachio Market by Product Type (In-shelled and Shelled) and by Distribution Channel (Hypermarkets, Supermarkets, Specialty Stores, Convenience Stores, and Online channel) by Geography – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026

  • To Be Published : Apr 2019 |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

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.

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

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

In-shelled pistachio market accounted for the highest market share, owing to their use as snacks. Increasing demand for in-shelled pistachios blended with flavors and seasonings accounted for largest segment among the distribution channel, supermarkets, and hypermarkets.

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.

Pistachios market in Europe is significantly growing, owing to demand for pistachio as flavoring agent in bakery and confectionary products. Also, increasing demand for healthy snacking is further driving the growth of the market. According to Global Agricultural Trade System (GATS), the total sale of pistachios in Europe was US$ 426 million in 2015.

Latin America, Middle East, and Africa has lucrative demand for pistachios from food processing and snacks industry. Also, increasing consumer awareness on health benefits of pistachio is further driving the growth of pistachio market in this region. Iran is the largest producer and exporter of pistachio and accounts for more than 50% of the global pistachio production.

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.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

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.

Smiley face

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.
Smiley face

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

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
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

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:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • 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:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

Choose License Type

"How Can I Help You" ?

Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.

[email protected]

Key Benefits

  • Custom Research Solution

    Talk to our research consultant to design an exclusive report as per your research needs.

  • Customer Fulfilment

    We aim to fulfil client's research demands with tailored research solutions.

  • Quick Turnaround Time Reports

    We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

  • 360-degree Approach

    We cover each industry from supply and demand side with an aim to provide a most holistic research study.

  • Assured Quality

    We strive to provide most accurate and reliable research findings in our research reports.