Global Pine Nuts Market Analysis with COVID-19 Recovery Plan and Strategies for the Consumer Staples Industry | Technavio
The pine nuts market research report examines the key questions around the implications of COVID-19 and provides a recovery analysis and outlook for the market in focus. The market has witnessed a positive impact due to the COVID-19 situation. The research analysts at Technavio expects the pine nuts market to grow by USD 332.23 million during the forecast period, accelerating at a CAGR of almost 8%.
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Pine Nuts Market Segmentation Analysis by Product
Siberian pine nuts
Korean pine nuts
Chilgoza pine nuts
Singleleaf pinyon nuts
Italian stone pine nuts
Siberian pine nuts accounted for the largest pine nuts market share. Siberian pine nuts are primarily preferred by consumers due to its attributes that aid in weight loss, lowering of cholesterol levels, and in preventing cancer and premature aging of cells. Additionally, these nuts also protect the body against infections and viruses. This report provides an accurate prediction of the contribution of all the segments to the growth of the pine nuts market size.
Pine Nuts Market Regional analysis
The report covers regional analysis for APAC (India, China, Japan, and South Korea), Europe (Germany, France, UK, Italy), North America (US, Canada, Mexico), South America (Brazil, Argentina, Columbia), and MEA ( UAE, Saudi Arabia, Iran).
56% of the growth will originate from the APAC region.
Favorable weather conditions in the major pine nut-producing areas will significantly drive pine nuts market growth in this region over the forecast period.
China and India are the key markets for pine nuts in APAC.
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Pine nuts market is expected to be driven by the multiple health benefits associated with pine nuts. Urbanization has helped change the lifestyle and dietary habits of people across the world. Thus, there has been an exponential increase in the consumption of natural food products. Hence, healthy eating has increased the demand for pine nuts as they are unprocessed and contain vitamins, fibers, and naturally occurring minerals. Pine nuts help in reducing weight. They have antioxidant properties and high vitamin E content, which helps in improving skin texture. Pine nuts are gluten-free, which renders them suitable for people with celiac disease. The fiber content of pine nuts also helps in preventing heart attacks.
Increase in Demand for Pine Nuts as a Flavoring Agent will be a Key Market Trend
The players in the pine nuts market are introducing new flavors to attract customers. They are being used in chocolates, trail mixes, toppings for salads, and pasta dishes. Pine nuts are also used in many different ways in sweets, salads, cakes, pralines, and many savory dishes. Thus, the increasing demand for pine nuts as a flavoring agent is a key trend in the market.
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Pine Nuts Market 2020-2024 : Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist pine nuts market growth during the next five years
Estimation of the pine nuts market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the pine nuts market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of pine nuts market vendors
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Siberian pine nuts - Market size and forecast 2019-2024
Korean pine nuts - Market size and forecast 2019-2024
Chilgoza pine nuts - Market size and forecast 2019-2024
Singleleaf pinyon nuts - Market size and forecast 2019-2024
Italian stone pine nuts - Market size and forecast 2019-2024
Market opportunity by Product
Market Segmentation by Distribution channel
Market segments
Comparison by Distribution channel
Offline - Market size and forecast 2019-2024
Online - Market size and forecast 2019-2024
Market opportunity by Distribution channel
Customer landscape
Customer landscape
Geographic Landscape
Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
North America - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Pine Nuts Market drivers
Pine Nuts Market challenges
Pine Nuts Market trends
Vendor Landscape
Overview
Vendor landscape
Landscape disruption
Vendor Analysis
Vendors covered
Market positioning of vendors
BARDAKCIGROUP
Bedemco Inc.
Diamond Foods LLC
Freeworld Trading Ltd.
John B. Sanfilippo & Son Inc.
Kenko Trading Co. Ltd.
PINEFLAVOR Lda
Red River Foods Inc.
RM Curtis and Co. Ltd.
Voicevale Ltd.
Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
About Technavio
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