Global Pine Nuts Market
The GMI Research expects that the Pine Nuts Market will notice an augmentation in demand over the forecast period. This is mainly due to their potential to complement the taste of other foods, rapid urbanization, expanding purchasing power of individuals, and their health advantages and usages of nuts.
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Introduction of the Pine Nuts Market
Pine nuts refer to the edible seeds acquired from pine trees. These nuts impart various medicinal and nutritional properties like help in blood circulation and decreasing cholesterol levels. Moreover, they are the most expensive nuts in the market, owing to the huge time and effort required to grow and harvest the seeds from their protective surroundings.
Key Players of Market:
- Bardakci Group
- Bedemco Inc
- Freeworld Trading Ltd.
- John B. Sanfilippo & Son Inc.
- RM Curtis and Co.
- Red River Foods
- PineFlavour
- Voicevale Ltd
- Diamond Foods
- Kenko Trading Co. Ltd.
Pine Nuts Market Dynamics
Pine nuts contain an ample amount of nutrients, such as carbohydrates, magnesium, protein, antioxidants, and vitamins, as well as they have the ability to enhance the taste of different food items. Besides the application of pine nuts in the food sector, oil extricated from them is used in beauty and cosmetic products, which thereby promotes the growth of the global pine nuts market. In addition, the aggravating preference of consumers towards wholesome, nutritional, and organic dried food, accompanied with the increasing recognition and drift towards the consumption of a healthy lifestyle, will boost the pine nuts market opportunities. Furthermore, the accelerating disposable income across the emerging nations has raised the disbursement of dried fruits, nuts, and other products that impart additional health benefits. Thus, all this together will pave the way for market growth.
Nature Segment Drivers
Based on nature, organic is contemplated to witness a faster growth mainly due to the augmenting tendency and choice towards this natural food and beverages. Also, the global pine nuts market analysis, growing recognition of a healthy lifestyle among individuals has persuaded producers to emphasize authentication for natural food products. For example, several companies have introduced pine nuts powder, oil, and raw nuts under the certified norms of EU and USDA, thus propelling the market growth.
Form Segment Drivers
Based on the form, the pine nuts market is segregated into powder, raw & processed, and oil. Amongst all these, oil is predicted to witness significant demand during the forecast period. This is because of its usage as a preservative in the food industry, as well as the growing awareness about its beneficial health and therapeutic properties. Apart from this, the major ingredient used in it is arginine amino acid, which supports cardiovascular health and helps to prevent cholesterol which is another factor driving the pine nuts market size.
Pine Nuts Market Segmentation:
Segmentation by Nature
- Organic
- Conventional
Segmentation by Form
- Raw & Processed
- Powder
- Oil
Segmentation by End Use
- Food & Beverage
- Cosmetics & Personal Care
- Retail/ Household
- Others
Segmentation by Region:
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- North America
- United States of America
- Canada
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- UAE
- Brazil
- South Africa
- Saudi Arabia
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