PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1793695
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1793695
Global Pecan Market to Reach US$2.3 Billion by 2030
The global market for Pecan estimated at US$1.8 Billion in the year 2024, is expected to reach US$2.3 Billion by 2030, growing at a CAGR of 4.0% over the analysis period 2024-2030. In-Shell Pecan, one of the segments analyzed in the report, is expected to record a 3.3% CAGR and reach US$1.5 Billion by the end of the analysis period. Growth in the Shelled Pecan segment is estimated at 5.5% CAGR over the analysis period.
The U.S. Market is Estimated at US$498.7 Million While China is Forecast to Grow at 7.3% CAGR
The Pecan market in the U.S. is estimated at US$498.7 Million in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$469.0 Million by the year 2030 trailing a CAGR of 7.3% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.7% and 3.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.3% CAGR.
Global Pecan Market - Key Trends & Drivers Summarized
Why Is Pecan Gaining Popularity Among Health-Conscious Consumers?
Pecans are nutrient-rich tree nuts celebrated for their healthy fats, protein, fiber, and antioxidant profile. They are increasingly consumed as snacks, added to bakery items, cereals, granola, and trail mixes. Their natural buttery sweetness makes them a versatile ingredient in both sweet and savory applications. Enhanced by consumer interest in plant-based proteins and heart-healthy foods, pecan consumption continues growing globally.
Improved agronomic practices and cultivation techniques have increased global pecan yields. The United States, Mexico, and South Africa dominate production, focusing on both in-shell and kernel markets. High-quality processing from kernel extraction, sizing, and packaging to flavored and ready-to-eat formats is supporting culinary and retail use. Demand for raw, roasted, flavored, and coated pecan varieties continues to rise in specialty and mainstream grocery channels.
How Are Product Innovations and Flavor Formats Expanding Appeal?
Manufacturers are offering pecans in multiple formats natural, roasted and salted, honey-glazed, candied, spiced, and chocolate-coated to appeal across taste preferences. Value-added offerings include pecan butters, pecan-based milks, keto-friendly protein bars, and baking mixes. These products cater to consumers seeking convenience, indulgence, or nutritional benefits.
Creative inclusion in downstream food categories is notable: pecan-enriched spreads, artisanal granolas, breakfast cereals, and vegan desserts. Health-focused product lines position pecans in clean-label, gluten-free, and plant-based segments. Packaging innovation, including resealable pouches and single-serve cups, supports portability and freshness for on-the-go lifestyles.
Where Is Consumption Growing and Which Sectors Are Driving Demand?
North America remains the leading market for pecans for both domestic use and export. However, Europe, Asia-Pacific, and Middle East show fast-growing demand as awareness rises around nut nutrition and gourmet ingredients. In emerging markets, pecans are gaining traction due to rising middle-class incomes and diversification of snack categories.
Retail continues to be the core distribution channel, with supermarkets, health food stores, and online platforms extending pecan offerings. Foodservice venues coffee shops, bakeries, ice cream parlors-are also incorporating pecans into fall menus and seasonal products. Bakery ingredients, granola bars, and trail mixes are top sectors accommodating pecan inclusion.
Growth in the Pecan market is driven by several factors…
Growth in the pecan market is driven by increasing global demand for healthy snacking and plant-based nutrition, the expansion of flavored and convenience product offerings, and rising output in key producing regions. Advances in processing such as roasting techniques, flavor coating, and butter/milk production are enabling product diversification.
Rising interest from foodservice players in premium nut inclusions, year-round demand for pecans in baked and confectionary products, and higher export opportunities are supporting industry growth. As consumers seek nutrition, taste, and innovation in snack formats, pecan-based products continue gaining shelf space and culinary usage across global markets.
SCOPE OF STUDY:
The report analyzes the Pecan market in terms of units by the following Segments, and Geographic Regions/Countries:
Segments:
Product Type (In-Shell Pecan, Shelled Pecan); Form (Raw / Whole Pecan, Processed Pecan); End-Use (Food End-Use, Dietary Supplements End-Use, Cosmetics & Personal Care End-Use, Retail / Households End-Use); Distribution Channel (B2B Distribution Channel, B2C Distribution Channel)
Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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