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Research analysis on the global pistachio market identifies the health advantages of pistachios as one of the major factors that will have a positive impact on the market's growth. Pistachios contain high nutritional value and many essential nutrients such as proteins and vitamins. It is also rich in fiber content and lowers the level of bad cholesterol resulting in a healthy heart. Moreover, the consumption of pistachios is also beneficial for individuals with type 2 diabetes due to the presence of antioxidants that help to control the level of sugar in the blood. Moreover, the vitamin B6 in pistachios helps in increasing the immunity levels. Additionally, the low saturated fat and high unsaturated fats content also result in the preference of pistachios over other nuts. Technavio's market research analysts predict that the pistachio industry will grow at a CAGR of more than 5% by 2021.
In terms of geographic regions, EMEA will be the major revenue contributor to the pistachio market throughout the forecast period. The usage of pistachio to offer distinguished flavor to bakery products such as pastries, cakes, biscuits, and cookies and its wide usage in food preparations in the middle-eastern countries, will drive the demand for pistachios in this region.
The key vendors in the pistachio market are following various promotional strategies to increase the sales of their products. The consumers are becoming more health conscious and are concerned about the ingredients present in foods they consume. Regional level competition is observed in the pistachio-producing countries like the US that consists of a number of vendors. The level of competition will intensify in the pistachio market during the next few years due to the focus of the vendors in the pistachio industry towards expanding their operations in various markets across the globe.
The leading vendors in the market are ?
The other prominent vendors in the market are Hellas Farms, Keenan Farms, Fresh Nuts, Pistachio Provenance, KraftFoods, Ready Roast Nut Company, and Specialty Food Association that are aggressively competing to increase their market share.
During 2016, hypermarkets and supermarkets accounted for the maximum sales of pistachios. These stores display all varieties and brands of pistachio and offer different options for the customers to choose from. This allows customers to coose from a wide range of products based on the price and their need.
According to this market research analysis and forecast, the in-shell pistachio market segment will account for the maximum shares of the pistachio market until 2021. This is mainly due to the extensive use of in-shell pistachio as snacks, usually in the roasted form and the introduction of pistachios blended with various seasonings and flavors.
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end use
PART 07: Market segmentation by distribution channels
PART 08: Market segmentation by product
PART 09: Geographical segmentation
PART 10: Key leading countries
PART 11: s Decision framework
PART 12: Drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Key vendor analysis
PART 16: Appendix
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