Market Size of Pistachio Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 4.70 Billion |
| Market Size (2029) | USD 5.85 Billion |
| CAGR (2024 - 2029) | 4.47 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
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Pistachio Market Analysis
The Pistachio Market size is estimated at USD 4.70 billion in 2024, and is expected to reach USD 5.85 billion by 2029, growing at a CAGR of 4.47% during the forecast period (2024-2029).
COVID-19 had a direct and unfavorable impact on the pistachio market, globally. Global lockdown to curb and contain the pandemic adversely affected the distribution channels. Value addition activities were affected due to disrupted distribution channels, which lowered the availability of end-products of pistachio in the market.
Pistachios consist of antioxidants rich in fiber as they help reduce cholesterol levels, keep the sugar controlled, and reduce the risk of diseases like cancer. Pistachios are mostly consumed among Type 2 diabetes patients. The fertile soil, hot and dry climate, and moderately cold winters offer the ideal growing conditions for the pistachios in North America. Accordingly, the United States, Turkey, and Iran hold 95% of crop production worldwide.
Turkey and Greece are the significant pistachio exporters to the US market despite the considerable production to meet the domestic demand. In contrast, China, Germany, and Spain are the major importers of pistachio from the United States, with Turkey and China being the major exporters and importers, respectively.
Pistachio Industry Segmentation
Pistachios are one of the most versatile and distinctive varieties of nuts, with a unique flavor and color. They are edible seeds that contain healthy fats, protein, fiber, and antioxidants. The pistachio market is segmented by geography (North America, Europe, Asia-Pacific, and Africa). The report covers the extensive study of production, consumption, trade, and price trend analysis of the in-shell pistachio market, in addition to the value chain analysis.
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Pistachio Market Size Summary
The pistachio market is experiencing steady growth, with projections indicating continued expansion in the coming years. The market's growth is largely driven by the health benefits of pistachios, including their high antioxidant and fiber content, which help reduce cholesterol levels, control blood sugar, and decrease the risk of diseases like cancer. The market has been negatively affected by the COVID-19 pandemic, with global lockdowns disrupting distribution channels and reducing the availability of end-products. Despite these challenges, the market is expected to recover and continue to grow. North America dominates the pistachio market, thanks to its fertile soil, hot and dry climate, and moderately cold winters, which offer ideal growing conditions. The region is a leading producer and exporter of pistachios, with the United States, Turkey, and Iran accounting for the majority of global production. The market is also influenced by changing consumer lifestyles and an increasing demand for healthy, convenient snacks. As a result, many food producers are developing pistachio-flavored products to cater to this growing demand. This trend, coupled with increasing disposable income among consumers, is expected to drive the global pistachio market.
Explore MorePistachio Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Value Chain Analysis
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2. MARKET SEGMENTATION
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2.1 Geography
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2.1.1 North America
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2.1.1.1 United States
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2.1.1.1.1 Production Analysis
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2.1.1.1.2 Consumption Analysis (Value and Volume)
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2.1.1.1.3 Import Analysis (Value and Volume)
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2.1.1.1.4 Export Analysis (Value and Volume)
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2.1.1.1.5 Price Trend Analysis
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2.1.2 Europe
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2.1.2.1 Greece
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2.1.2.1.1 Production Analysis
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2.1.2.1.2 Consumption Analysis (Value and Volume)
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2.1.2.1.3 Import Analysis (Value and Volume)
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2.1.2.1.4 Export Analysis (Value and Volume)
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2.1.2.1.5 Price Trend Analysis
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2.1.2.2 Spain
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2.1.2.2.1 Production Analysis
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2.1.2.2.2 Consumption Analysis (Value and Volume)
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2.1.2.2.3 Import Analysis (Value and Volume)
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2.1.2.2.4 Export Analysis (Value and Volume)
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2.1.2.2.5 Price Trend Analysis
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2.1.2.3 Italy
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2.1.2.3.1 Production Analysis
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2.1.2.3.2 Consumption Analysis (Value and Volume)
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2.1.2.3.3 Import Analysis (Value and Volume)
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2.1.2.3.4 Export Analysis (Value and Volume)
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2.1.2.3.5 Price Trend Analysis
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2.1.2.4 Germany
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2.1.2.4.1 Production Analysis
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2.1.2.4.2 Consumption Analysis (Value and Volume)
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2.1.2.4.3 Import Analysis (Value and Volume)
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2.1.2.4.4 Export Analysis (Value and Volume)
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2.1.2.4.5 Price Trend Analysis
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2.1.2.5 Netherlands
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2.1.2.5.1 Production Analysis
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2.1.2.5.2 Consumption Analysis (Value and Volume)
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2.1.2.5.3 Import Analysis (Value and Volume)
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2.1.2.5.4 Export Analysis (Value and Volume)
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2.1.2.5.5 Price Trend Analysis
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2.1.3 Asia-Pacific
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2.1.3.1 Iran
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2.1.3.1.1 Production Analysis
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2.1.3.1.2 Consumption Analysis (Value and Volume)
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2.1.3.1.3 Import Analysis (Value and Volume)
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2.1.3.1.4 Export Analysis (Value and Volume)
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2.1.3.1.5 Price Trend Analysis
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2.1.3.2 Turkey
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2.1.3.2.1 Production Analysis
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2.1.3.2.2 Consumption Analysis (Value and Volume)
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2.1.3.2.3 Import Analysis (Value and Volume)
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2.1.3.2.4 Export Analysis(Value and Volume)
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2.1.3.2.5 Price Trend Analysis
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2.1.3.3 China
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2.1.3.3.1 Production Analysis
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2.1.3.3.2 Consumption Analysis (Value and Volume)
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2.1.3.3.3 Import Analysis (Value and Volume)
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2.1.3.3.4 Export Analysis(Value and Volume)
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2.1.3.3.5 Price Trend Analysis
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2.1.3.4 Syria
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2.1.3.4.1 Production Analysis
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2.1.3.4.2 Consumption Analysis (Value and Volume)
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2.1.3.4.3 Import Analysis (Value and Volume)
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2.1.3.4.4 Export Analysis (Value and Volume)
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2.1.3.4.5 Price Trend Analysis
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2.1.4 Middle East & Africa
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2.1.4.1 Madagascar
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2.1.4.1.1 Production Analysis
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2.1.4.1.2 Consumption Analysis (Value and Volume)
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2.1.4.1.3 Import Analysis (Value and Volume)
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2.1.4.1.4 Export Analysis (Value and Volume)
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2.1.4.1.5 Price Trend Analysis
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2.1.4.2 Saudi Arabia
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2.1.4.2.1 Production Analysis
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2.1.4.2.2 Consumption Analysis (Value and Volume)
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2.1.4.2.3 Import Analysis (Value and Volume)
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2.1.4.2.4 Export Analysis (Value and Volume)
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2.1.4.2.5 Price Trend Analysis
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2.1.4.3 Israel
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2.1.4.3.1 Production Analysis
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2.1.4.3.2 Consumption Analysis (Value and Volume)
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2.1.4.3.3 Import Analysis (Value and Volume)
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2.1.4.3.4 Export Analysis (Value and Volume)
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2.1.4.3.5 Price Trend Analysis
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2.1.4.4 United Arab Emirates
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2.1.4.4.1 Production Analysis
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2.1.4.4.2 Consumption Analysis (Value and Volume)
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2.1.4.4.3 Import Analysis (Value and Volume)
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2.1.4.4.4 Export Analysis (Value and Volume)
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2.1.4.4.5 Price Trend Analysis
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Pistachio Market Size FAQs
How big is the Pistachio Market?
The Pistachio Market size is expected to reach USD 4.70 billion in 2024 and grow at a CAGR of 4.47% to reach USD 5.85 billion by 2029.
What is the current Pistachio Market size?
In 2024, the Pistachio Market size is expected to reach USD 4.70 billion.
