Potential
applications in food supplements and drug industries have created opportunities
accelerated growth in the global pistachio
market. As per recent researches, the phytochemical composition
of pistachio hulls with a blend of anacardic acid homologues have remarkable
anti-oxidant and anti-inflammatory properties. This fuels prospects for the
increasing use of pistachio hulls in nutraceuticals. In a recent study,
Transparency Market Research (TMR) has analyzed in detail various factors
contributing the market’s expansion. The report also provides market
intelligence for consumers as well as companies operating in the global
pistachio market. It includes a detailed chapter presenting insights into the
prevailing competitive landscape in the global pistachio market.
For the
purpose of the study, it profiles companies such as Setton Pistachio of Terra
Bella, Inc., The Pistachio Co Food Trading LLC., Germack Pistachio Company,
Rasha Pistachio Co., Sierra Nut House, Wonderful Pistachios & Almond
Company LLC, Houston Pecan Company, Bates Nut Farm, Meridian Growers LLC, and
Whistler Foods. In the last few years, the global pistachio market a spurt of
promotional strategies, as key players took to gaining edge over the prevailing
competition. Rivalry among market players is more intense at regional level,
especially in higher pistachio producing countries such as the U.S. Vendors
mostly fight it out on the basis of price and quality to emerge as the leading
players in the global pistachio market.
Some of the
more established companies with a widespread reach are looking to further
expand their business. For this purpose they are shifting their focus on
regions with untapped potential. Such strategies adopted on part of the
companies are likely to have a positive influence on the overall pistachio
market. However, being a mature market, the global pistachio market is forecast
to exhibit growth at positive pace through 2026.
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Pistachios
Have Rich Nutrient Content, which Fuels their Demand Globally
Pistachios
are rich in fiber and contains antioxidants, it helps in reducing cholesterol
levels, and also controls sugar. These properties are much sought-after, which
has fuelled the pistachio consumption significantly among type 2 diabetes
patients. In addition to these, pistachios also have high vitamin b^ content,
with increases immunity levels. The rising knowledge of benefits that can be
obtained from the consumption of pistachio has in turn enabled the market to
gain traction worldwide. The rising number of health conscious consumers will
therefore bode well for the global pistachio market. According to TMR, the
global pistachio sales is expected to reach nearly US$5000 bn by the end of
2025. The demand for pistachio is further expected to increase as an increasing
number of consumers discern pistachios as guilt free and rich source of
nutrients.
More Trending Reports
Rising Use in Diverse Food Products
to Boost Growth Prospects
As per
recent studies, pistachios are increasingly used in diverse food products such
as desserts for its unique taste and subtle essence. Furthermore, they are used
in bakery products such as cookies, cakes, and biscuits. In addition to this,
they have found application in food joints, restaurants, and processing
industries. With an increasing number of food manufacturers innovating pistachio
flavored products in a bid to capitalize on their growing popularity, the
demand for pistachios is expected to rise steadily between 2017 and 2026.
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