PUBLISHER: KBV Research | PRODUCT CODE: 1353496
PUBLISHER: KBV Research | PRODUCT CODE: 1353496
The Europe Shelled Pistachio Market would witness market growth of 6.1% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 2,797.0 tonnes, showcasing a growth of 2.9% (2019-2022).
Shelled pistachios are pistachios stripped of their outer, firm shell. The pistachio fruit has a naturally occurring firm exterior, and the interior greenish-yellow kernel is available for consumption after the shell is removed. Pistachios are a rich source of protein, antioxidants, fiber, and essential vitamins and minerals like phosphorus, potassium, vitamin B6, and thiamine. Their health benefits, such as helping to lower bad cholesterol, providing a source of healthy fats, and aiding in weight management, are significant drivers for increased consumption.
Pistachios with their shells removed are more popular as a food among consumers. Shelled pistachios are crucial in many processed food products, including nibbles and processed foods. Their appeal stems from their exquisite flavour profile, including nuttiness, sweetness traces, and a buttery, velvety essence. This unique flavour has enchanted refreshment manufacturers, becoming a critical factor in the market's booming growth trajectory.
With consumers becoming more health-conscious, nuts like pistachios have gained prominence for their nutritional benefits. Pistachios are a source of protein, fiber, and essential vitamins and minerals, increasing their consumption.
Both internal consumption patterns and external trade dynamics shape the Europe-shelled pistachio market. European consumers have shown a growing inclination towards healthy eating, which has driven the demand for nuts, including pistachios. They're consumed both as snacks and as ingredients in various dishes. Mediterranean countries, like Italy, Greece, and Spain, have traditionally incorporated nuts, including pistachios, into their diets and cuisines. The diverse population, including a significant segment from South Asian and Middle Eastern backgrounds, has influenced the consumption patterns. Value-added products, like pistachio-flavoured desserts, drinks, and baked goods, are popular. Therefore, the increasing consumption of pistachios in the region will propel the growth of the market in the coming years.
The Germany market dominated the Europe Shelled Pistachio Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $180.7 Million by 2030. The UK market is anticipated to grow at a CAGR of 5.2% during (2023 - 2030). Additionally, The France market would witness a CAGR of 6.8% during (2023 - 2030).
Based on Type, the market is segmented into Processed, and Raw. Based on Sales Channel, the market is segmented into Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, Online Retails, and Others. Based on Nature, the market is segmented into Conventional, and Organic. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Wonderful Company LLC, Fiddyment Farms, Inc., Bella Viva, Orchards Inc., Braga Organic Farms, AydIn Kuruyemis Sanayii ve Ticaret A.S, RM Curtis and Co Ltd., Olam Group Limited (Temasek Capital), Primex International Trading Corporation, HORIZON Nut Company, LLC, and Nichols Farms
Market Segments covered in the Report:
By Type (Volume, Tonnes, USD Million, 2019-2030)
By Sales Channel (Volume, Tonnes, USD Million, 2019-2030)
By Nature (Volume, Tonnes, USD Million, 2019-2030)
By Country (Volume, Tonnes, USD Million, 2019-2030)
Companies Profiled
Unique Offerings from KBV Research
List of Figures