Pistachio is an edible kernel or nut belonging to Central Asia and the Middle East region. It is extensively grown in areas like Turkey, Iran, and the United States. The nut is closed in a hard shell and is beige in colour with a pale-green kernel inside.
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The nuts have a rich, creamy, buttery and nutty flavour and a crunchy texture which makes them popular among consumers that use them for cooking and baking and also consume them as a snack. These nuts have great nutritional content with nutrients like protein, fibre, healthy fats, and various vitamins and minerals.
Key Details About the Pistachio Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Pistachio price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Pistachio Price Trends, including India Pistachio price, USA Pistachio price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Pistachio Price Trend:
Pistachio is an edible nut that is widely consumed in many forms, which is the leading driver boosting its demand. In addition to culinary applications, its shell, along with other agricultural waste, can be used to make biofuels like ethanol via biomass conversion. The hulls, the outer layer of the nut’s shell, are used for feeding livestock, which furthers the industry’s development. Pistachios and their oil are used for treating inflammation reduction and heart health improvement in the form of medicinal and nutritional supplements, which creates opportunities for the product in the personal care market segment. Also, it is employed in the skincare and cosmetic sector for making products like creams, lotions and soaps due to their hydrating and skin-nourishing properties.
Key Players:
- Blue Diamand Growers
- Wonderful Pistachios & Almonds LLC
- Olam International
- Archer Daniels Midland Company (ADM)
- Frito-Lay North America, Inc.
News & Recent Development
- 4 May 2023- California will see a larger pistachio crop this year, and harvest began in August-end. The 2023 crop witnessed a great boom in the season at the start of April due to ideal weather conditions.
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