Pecans Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The global pecan market is analyzed in terms of the geographical consumption trends in more than 8 demographics. The countries analyzed in the scope of the study include the United States, Mexico, Canada, Netherlands, France, China, Australia Israel, Brazil, Argentina, and South Africa among others.

Market Snapshot

pecan
Study Period: 2016 - 2026
Base Year: 2020
Fastest Growing Market: North America
Largest Market: North America
CAGR: 5.2 %

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Market Overview

The global pecan production was termed at 124,000 metric tons in 2018. The United States and Mexico together accounted for more than 93% of the overall production in the world while the rest is encompassed by countries like South Africa, and Australia among others. Moreover, the United States was not only a mere contributor to the pecan supply but also one of the major consumers of pecan in the world. For instance, in the year 2019, the country consumed nearly 65,842 metric tons of pecan, contributing to more than half of the global pecan supply for the same year. The increasing per capita spending on vegan foods, coupled with the rising nutritional awareness among various consumer groups is driving the market for pecan across the global demographics.

Scope of the Report

Pecan is defined as an edible nut which is also termed as Carya illinoinensis, is native to the warmer parts of the United States and Mexico. For the purpose of the study both shelled and in-shell nuts have been considered for evaluating the consumption patterns of pecan across the global demographics.

Geography
United States
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis(Volume and Value)
Export Market Analysis(Volume and Value)
Price Trend Analysis
Canada
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis(Volume and Value)
Export Market Analysis(Volume and Value)
Price Trend Analysis
Mexico
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis(Volume and Value)
Export Market Analysis(Volume and Value)
Price Trend Analysis
Germany
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis(Volume and Value)
Export Market Analysis(Volume and Value)
Price Trend Analysis
Netherlands
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis(Volume and Value)
Export Market Analysis(Volume and Value)
Price Trend Analysis
United Kingdom
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis(Volume and Value)
Export Market Analysis(Volume and Value)
Price Trend Analysis
France
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis(Volume and Value)
Export Market Analysis(Volume and Value)
Price Trend Analysis
Isarel
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis(Volume and Value)
Export Market Analysis(Volume and Value)
Price Trend Analysis
China
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis(Volume and Value)
Export Market Analysis(Volume and Value)
Price Trend Analysis
Australia
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis(Volume and Value)
Export Market Analysis(Volume and Value)
Price Trend Analysis
Brazil
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis(Volume and Value)
Export Market Analysis(Volume and Value)
Price Trend Analysis
Argentina
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis(Volume and Value)
Export Market Analysis(Volume and Value)
Price Trend Analysis
South Africa
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis(Volume and Value)
Export Market Analysis(Volume and Value)
Price Trend Analysis

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Key Market Trends

Increasing Pecan Supply to Drive the Consumption Trend

The pecan is usually referred to as a tree nut which is native to the North American region. As per the National Agricultural Statistics Service (NASS), the global pecan production peaked at 147,222 metric tons in 2019, which significantly increased with the United States' contribution to the global pecan production. For instance, in the year 2018, the production of pecan in the United States was peaked at 99,450 metric tons, which significantly increased to 119,250 metric tons by 2019. Thus, the increasing production in the United States market, which structurally attributes to nearly 80% of the global pecan production had enhanced the availability of pecan nuts in the world. Moreover, as per the data released by the United States Department of Agriculture, shelled pecan stocks in the United States market has grown significantly by 27% in the cold storages from 2018 to 2019. Thus, the aforementioned reasons could reveal the potential consumption trend of pecan over the forecast period.

Pecan Market: Production in metric ton, Global, 2016-2019

United States Dominates the Global Pecans Market

The United States is one of the largest consumers of pecan in the world, peaking at 65,842 metric tons in 2019. Also, as per the consumption statistics released by the United States Department of Agriculture, the per capita consumption of pecan settled at 0.2 kg per person per year in 2018. Despite the higher consumption trend, the production of pecan in the country was also termed high and peaked at 119,250 metric tons in 2019. Furthermore, the increasing awareness of the nutrient composition of the pecan, especially for its high dietary fibers, and several other nutrients such as manganese, phosphorous, and thiamin is spiking up the demand from various consumer groups, especially the vegan consumers. Also, relatively higher stocks of shelled pecans in the United States cold storage shelves are likely to further translate into demand in the years to come.

Pecan Market: Market Size, by Region, Global, 2019

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions & Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Value Chain Analysis

  5. 5. MARKET SEGMENTATION

    1. 5.1 Geography

      1. 5.1.1 United States

        1. 5.1.1.1 Production Analysis

        2. 5.1.1.2 Consumption Analysis and Market Value

        3. 5.1.1.3 Import Market Analysis(Volume and Value)

        4. 5.1.1.4 Export Market Analysis(Volume and Value)

        5. 5.1.1.5 Price Trend Analysis

      2. 5.1.2 Canada

        1. 5.1.2.1 Production Analysis

        2. 5.1.2.2 Consumption Analysis and Market Value

        3. 5.1.2.3 Import Market Analysis(Volume and Value)

        4. 5.1.2.4 Export Market Analysis(Volume and Value)

        5. 5.1.2.5 Price Trend Analysis

      3. 5.1.3 Mexico

        1. 5.1.3.1 Production Analysis

        2. 5.1.3.2 Consumption Analysis and Market Value

        3. 5.1.3.3 Import Market Analysis(Volume and Value)

        4. 5.1.3.4 Export Market Analysis(Volume and Value)

        5. 5.1.3.5 Price Trend Analysis

      4. 5.1.4 Germany

        1. 5.1.4.1 Production Analysis

        2. 5.1.4.2 Consumption Analysis and Market Value

        3. 5.1.4.3 Import Market Analysis(Volume and Value)

        4. 5.1.4.4 Export Market Analysis(Volume and Value)

        5. 5.1.4.5 Price Trend Analysis

      5. 5.1.5 Netherlands

        1. 5.1.5.1 Production Analysis

        2. 5.1.5.2 Consumption Analysis and Market Value

        3. 5.1.5.3 Import Market Analysis(Volume and Value)

        4. 5.1.5.4 Export Market Analysis(Volume and Value)

        5. 5.1.5.5 Price Trend Analysis

      6. 5.1.6 United Kingdom

        1. 5.1.6.1 Production Analysis

        2. 5.1.6.2 Consumption Analysis and Market Value

        3. 5.1.6.3 Import Market Analysis(Volume and Value)

        4. 5.1.6.4 Export Market Analysis(Volume and Value)

        5. 5.1.6.5 Price Trend Analysis

      7. 5.1.7 France

        1. 5.1.7.1 Production Analysis

        2. 5.1.7.2 Consumption Analysis and Market Value

        3. 5.1.7.3 Import Market Analysis(Volume and Value)

        4. 5.1.7.4 Export Market Analysis(Volume and Value)

        5. 5.1.7.5 Price Trend Analysis

      8. 5.1.8 Isarel

        1. 5.1.8.1 Production Analysis

        2. 5.1.8.2 Consumption Analysis and Market Value

        3. 5.1.8.3 Import Market Analysis(Volume and Value)

        4. 5.1.8.4 Export Market Analysis(Volume and Value)

        5. 5.1.8.5 Price Trend Analysis

      9. 5.1.9 China

        1. 5.1.9.1 Production Analysis

        2. 5.1.9.2 Consumption Analysis and Market Value

        3. 5.1.9.3 Import Market Analysis(Volume and Value)

        4. 5.1.9.4 Export Market Analysis(Volume and Value)

        5. 5.1.9.5 Price Trend Analysis

      10. 5.1.10 Australia

        1. 5.1.10.1 Production Analysis

        2. 5.1.10.2 Consumption Analysis and Market Value

        3. 5.1.10.3 Import Market Analysis(Volume and Value)

        4. 5.1.10.4 Export Market Analysis(Volume and Value)

        5. 5.1.10.5 Price Trend Analysis

      11. 5.1.11 Brazil

        1. 5.1.11.1 Production Analysis

        2. 5.1.11.2 Consumption Analysis and Market Value

        3. 5.1.11.3 Import Market Analysis(Volume and Value)

        4. 5.1.11.4 Export Market Analysis(Volume and Value)

        5. 5.1.11.5 Price Trend Analysis

      12. 5.1.12 Argentina

        1. 5.1.12.1 Production Analysis

        2. 5.1.12.2 Consumption Analysis and Market Value

        3. 5.1.12.3 Import Market Analysis(Volume and Value)

        4. 5.1.12.4 Export Market Analysis(Volume and Value)

        5. 5.1.12.5 Price Trend Analysis

      13. 5.1.13 South Africa

        1. 5.1.13.1 Production Analysis

        2. 5.1.13.2 Consumption Analysis and Market Value

        3. 5.1.13.3 Import Market Analysis(Volume and Value)

        4. 5.1.13.4 Export Market Analysis(Volume and Value)

        5. 5.1.13.5 Price Trend Analysis

  6. 6. MARKET OPPORTUNITIES AND FUTURE TRENDS

  7. 7. IMPACT OF COVID-19

**Subject to Availability

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Frequently Asked Questions

The Pecan Market market is studied from 2016 - 2026.

The Pecan Market is growing at a CAGR of 5.2% over the next 5 years.

North America is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

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