The Infinium Global Research analyzes the Pistachio Market over the period of 2018 to 2024. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global pistachio market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of pistachio. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the pistachio market during the period. The global pistachio market is projected to grow at a CAGR of 3.21% over the forecast period of 2018-2024.
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Pistachios are seeds of the Pistacia vera tree. They contains several essential nutrients such as carbohydrates, amino acids, protein, fats and dietary fiber. They are rich in minerals such as sodium, copper, iron, calcium, potassium, phosphorus and potassium. Additionally, they also provide essential vitamins such as vitamins A, K, B6, C, E, K as well as betaine, choline, riboflavin and thiamine. Pistachio is good source of antioxidant and prevents cell damages as well as reduces the risk of diseases like cancer. They have several benefits such as capability of boosting the immune system, improve body metabolism, gives relief from constipation, beneficial for digestion and reduces the risk of heart attacks.
Biscuits, Cookies, Cakes, Pastries and Ice-Cream is the Major Factor Driving the Pistachio Market Growth
Rising consumption of pistachio as a snacks and rise in usages of pistachio as a flavoring agent in bakery products such as biscuits, cookies, cakes, pastries, and ice-cream is the major factor driving the Pistachio market growth. Increasing prevalence of cardiovascular disease, cancer, multiple sclerosis (MS), and erectile dysfunction occurs over the globe owing to the unhealthy food. This in turn, people are concentrating more on the healthy food, which is preventing health issues related to these diseases. Growing preference related to healthy food as Pistachio among the people is supporting factor driving the growth of the pistachio market.
However, the high cost of Pistachio compared to the other nuts is hampering the growth of the global pistachio market. Going further, increasing the application of pistachio in food confectionery and bakery items creates growth opportunities for leading players in the pistachio market during the forecast period.
Asia Pacific Region is the Leading Contributor in the Global Pistachio Market
On the basis of region, the Asia pacific region is the leading contributor in the global pistachio market. Consumers are becoming more health-conscious which is demanding for nutritious food is the major factor boosting the market in this region. The growing food and services industry in India is also propelling the growth of this market. North America is expected to be the second-largest market for Pistachio Market owing to the rising demand of pistachio as snacks. United States is generally the second-leading producer and exporter of pistachios. In Europe, pistachio is widely used as a flavoring agent in a bakery product such as pastries, cookies, and biscuits.
The report on the global pistachio market covers segments such as, product type, distribution channel and end-user. On the basis of product type the global pistachio market is categorized into in-shelled and shelled. On the basis of distribution channel the global pistachio market is categorized into modern trade, convenience stores, and online sales. On the basis of end-user the global pistachio market is categorized into bakery & confectionery, dairy products, snacks, breakfast cereals, and flavored drink.
Major Key Players Mentioned in this Premium Report
The report provides profiles of the companies in the global pistachio market such as Houston Pecan Company, Meridian Growers LLC, The Pistachio Co Food Trading LLC., Setton Pistachio of Terra Bella, Inc., Germack Pistachio Company, Wonderful Pistachios & Almond Company LLC,, Rasha Pistachio Co., Bates Nut Farm, Sierra Nut House and Whistler Foods.
Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/food-beverage/global-pistachio-market
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global pistachio market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of pistachio market.
Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the pistachio market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. This report will help manufacturers, suppliers and distributors of the pistachio market to understand the present and future trends in this market and formulate their strategies accordingly.