The General Situation of The Pistachios Market in The World

Pistachios-market-itrade

Pistachios

As of knowledge cutoff date (September 2021), the global pistachio market was experiencing growth due to increasing demand from consumers for healthy snacks and the rising popularity of plant-based diets. Additionally, the largest producers of pistachios are Iran, the United States, and Turkey, with other significant producers including Syria, China, and Greece.

However, the market has also faced challenges such as climate change, which has led to droughts and lower yields in some regions, as well as increasing competition from other nut varieties such as almonds and cashews. In addition, the COVID-19 pandemic has disrupted supply chains and caused a decrease in demand in some markets.

 

Global Pistachios Market – Industry Trends and Forecast to 2029

Global pistachios 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.

Global-pistachios-market-itrade
Global-Pistachio-Market-iTrade

 

Despite these challenges, the market for pistachios is expected to continue to grow in the coming years. Furthermore, with increasing demand from Asia and the Middle East, and it will be created opportunities for new product development and innovation in the food industry.

For read more:

For discovering certain information about saffron, refer to our article:Pistachios: popular food – Some Nut Facts About Pistachios”.

For information on the use of pistachios in popular recipes, refer to our article:Pistachios in Famous Recipes – In what recipes is used?

For tips on storing pistachios under the optimal conditions, refer to our article:Pistachios: what are the best conditions for storing it?

For information on the nutritional value of 100 grams of pistachios, refer to our article:Nutritional value of pistachios per 100 grams

For valuable insights into pistachio production, types, and prices, refer to our article:Useful Things About Pistachios: Production, Types And Price

To access a wealth of valuable information about pistachios and more, be sure to visit our magazine.

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