NEW YORK, June 29, 2021 /PRNewswire/ —
Technavio has been monitoring the pine nuts market, operating under the consumer staples industry. The latest report on the pine nuts market 2020-2024 estimates it to register an incremental growth of USD 332.23 million, at a CAGR of almost 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. 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., and Voicevale Ltd. are among some of the major market participants.
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The growing awareness of the several health benefits of pine nuts has been instrumental in driving the growth of the market. Health-conscious consumers across the globe are focusing on opting for nutrient-rich alternatives such as pine nuts to be added to their diets now more than ever before. Furthermore, pine nuts are unprocessed, contain vitamins, fibers, and naturally occurring minerals, They also have antioxidant properties and rich vitamin E content, which, further aids in effective weight loss and skin texture improvement. These advantages are definitely expected to aid the pine nuts market share to rise in the forthcoming years. However, fluctuating supply of pine nuts might hamper the market growth.
Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Pine Nuts Market 2020-2024: Segmentation Analysis
Pine nuts market is segmented as below:
Based on geographic segmentation, Over 56% of the market’s growth originated from APAC during the forecast period with China being the key market in the region. In addition, the Siberian pine nuts will lead the market growth during the forecast period. This report provides an accurate prediction of the contribution of all the other segments to the growth of the pine nuts market size.
- Siberian Pine Nuts
- Korean Pine Nuts
- Chilgoza Pine Nuts
- Singleleaf Pinyon Nuts
- Italian Stone Pine Nuts
- North America
- South America
Pine Nuts Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The pine nuts market report covers the following areas:
- Pine Nuts Market Size
- Pine Nuts Market Trends
- Pine Nuts Market Industry Analysis
This study identifies demand for pine nuts as a flavoring agent as one of the prime trends anticipated to drive the pine nuts market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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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
Related Reports on Consumer Staples Include:
Tree Nuts Market by Product and Geography – Forecast and Analysis 2021-2025
Chestnuts Market by Type and Geography – Forecast and Analysis 2020-2024
Table of Contents:
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- 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
- 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
- Market drivers
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- 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.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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