Market Overview:
The global pine nuts market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for pine nuts from the pharmaceuticals, pastries and baked goods, and pine nut oil applications. Additionally, the growing demand for healthy snacks is also propelling the growth of the global pine nuts market. However, factors such as high price volatility and lack of awareness about benefits associated with consumption of pine nuts may restrain market growth during the forecast period. On basis of type, Siberian Pine accounted for majority share in 2017 and is projected to maintain its dominance during forecast period due to its high nutritional value coupled with wide distribution network across key regions. On basis of application, pastries & baked goods segment dominated global pine nuts market in terms of revenue in 2017 and is anticipated to maintain its lead throughout forecast period owing to rising trend among consumers towards consuming healthy snacks coupled with increasing disposable income levels across developed economies such as U.S.
Product Definition:
Pine nuts are the edible seeds of pine trees. They are a good source of protein, fiber, and minerals. Pine nuts can be eaten raw or roasted and are used in a variety of dishes including pesto, salads, and desserts.
Siberian Pine:
Siberian pine is a variety of pine tree native to the forests of Russia and Canada. It has needles like other members of the genus Pinus, but these needles are longer, thinner and hairier. The bark is smooth compared to other pinewoods.
The wood from this tree is very hard and strong; it was traditionally used in shipbuilding as well as for making tools, furniture etc., because of its high durability factor.
Korean Pine:
Korean pine is a variety of pine tree that is native to the Korean Peninsula. It has been cultivated in Korea and Japan for thousands of years. The wood from this pine tree can be used to make furniture, musical instruments, and it also has many other uses in traditional Chinese medicine as an ingredient for herbal tea or as a remedy for cough syrup.
Application Insights:
The others segment dominated the global pine nuts market, accounting for over 45% share of the overall revenue in 2017. The segment includes products such as soap and cosmetics. Increasing demand for cosmetic products from countries such as China and India is expected to drive growth over the forecast period.
Pine nut oil is one of the most popular applications across various regions owing to its high nutritional profile coupled with low cost making it a preferred cooking oil around the world. It has a high concentration of vitamin B6 which helps maintain skin and hair health along with lowering cholesterol levels making it suitable for use in various food preparations including salad dressings and sauces where taste is an important factor influencing consumer choice.
Regional Analysis:
North America pine nuts market is majorly driven by the U.S., which accounted for over 80% of the total revenue share in 2017. The region is expected to dominate the industry on account of high consumer disposable income, coupled with a strong preference for pine nut-based products among consumers from Canada and Mexico.
Asia Pacific pine nuts market was valued at USD X million in 2017 and is anticipated to witness significant growth over the forecast period owing to increasing consumption of these products in China and India due to their rich nutritional content as well as cultural significance among consumers from these countries.
Europe held a substantial share in Pine Nut Market on account of large production bases located mainly in Italy (28%) and Turkey (26%).
Growth Factors:
- Increasing demand for healthy snacks: The global pine nuts market is expected to benefit from the increasing demand for healthy snacks. This is because pine nuts are a good source of protein, fiber, and antioxidants.
- Rising awareness about the health benefits of pine nuts: There has been a rise in the awareness about the health benefits of consuming pine nuts among consumers in recent years. This is likely to boost demand for pine nuts in the coming years.
- Growing popularity of Mediterranean cuisine: The popularity of Mediterranean cuisine is rising across the world, and this is benefiting the global pine nut market as well. Pine nut-based dishes are popular in this cuisine style, which is driving demand for these nuts globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Pine Nuts Market Research Report
By Type
Siberian Pine, Korean Pine, Italian Stone Pine, Chilgoza Pine, Singleleaf Pinyon
By Application
Pharmaceuticals, Pastries and Baked Goods, Pine Nut Oil, Others
By Companies
Dashi International, Prime, Sabra Dipping, Badia Spices, Diamond Foods, Hunchun HongSongBao, John B. Sanfilippo & Son, Mariani Nut, NationalRaisin, Peyman, Dashi International
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Pine Nuts Market Report Segments:
The global Pine Nuts market is segmented on the basis of:
Types
Siberian Pine, Korean Pine, Italian Stone Pine, Chilgoza Pine, Singleleaf Pinyon
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceuticals, Pastries and Baked Goods, Pine Nut Oil, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dashi International
- Prime
- Sabra Dipping
- Badia Spices
- Diamond Foods
- Hunchun HongSongBao
- John B. Sanfilippo & Son
- Mariani Nut
- NationalRaisin
- Peyman
- Dashi International
Highlights of The Pine Nuts Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Siberian Pine
- Korean Pine
- Italian Stone Pine
- Chilgoza Pine
- Singleleaf Pinyon
- By Application:
- Pharmaceuticals
- Pastries and Baked Goods
- Pine Nut Oil
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Pine Nuts Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Pine nuts are the edible seeds of a pine tree. They are high in protein and fiber, and have a rich flavor.
Some of the major companies in the pine nuts market are Dashi International, Prime, Sabra Dipping, Badia Spices, Diamond Foods, Hunchun HongSongBao, John B. Sanfilippo & Son, Mariani Nut, NationalRaisin, Peyman, Dashi International.
The pine nuts market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pine Nuts Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Pine Nuts Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Pine Nuts Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Pine Nuts Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Pine Nuts Market Size & Forecast, 2020-2028 4.5.1 Pine Nuts Market Size and Y-o-Y Growth 4.5.2 Pine Nuts Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Siberian Pine
5.2.2 Korean Pine
5.2.3 Italian Stone Pine
5.2.4 Chilgoza Pine
5.2.5 Singleleaf Pinyon
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pharmaceuticals
6.2.2 Pastries and Baked Goods
6.2.3 Pine Nut Oil
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pine Nuts Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Pine Nuts Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Siberian Pine
9.6.2 Korean Pine
9.6.3 Italian Stone Pine
9.6.4 Chilgoza Pine
9.6.5 Singleleaf Pinyon
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pharmaceuticals
9.10.2 Pastries and Baked Goods
9.10.3 Pine Nut Oil
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Siberian Pine
10.6.2 Korean Pine
10.6.3 Italian Stone Pine
10.6.4 Chilgoza Pine
10.6.5 Singleleaf Pinyon
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pharmaceuticals
10.10.2 Pastries and Baked Goods
10.10.3 Pine Nut Oil
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Siberian Pine
11.6.2 Korean Pine
11.6.3 Italian Stone Pine
11.6.4 Chilgoza Pine
11.6.5 Singleleaf Pinyon
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pharmaceuticals
11.10.2 Pastries and Baked Goods
11.10.3 Pine Nut Oil
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Siberian Pine
12.6.2 Korean Pine
12.6.3 Italian Stone Pine
12.6.4 Chilgoza Pine
12.6.5 Singleleaf Pinyon
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pharmaceuticals
12.10.2 Pastries and Baked Goods
12.10.3 Pine Nut Oil
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Siberian Pine
13.6.2 Korean Pine
13.6.3 Italian Stone Pine
13.6.4 Chilgoza Pine
13.6.5 Singleleaf Pinyon
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pharmaceuticals
13.10.2 Pastries and Baked Goods
13.10.3 Pine Nut Oil
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Pine Nuts Market: Competitive Dashboard
14.2 Global Pine Nuts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dashi International
14.3.2 Prime
14.3.3 Sabra Dipping
14.3.4 Badia Spices
14.3.5 Diamond Foods
14.3.6 Hunchun HongSongBao
14.3.7 John B. Sanfilippo & Son
14.3.8 Mariani Nut
14.3.9 NationalRaisin
14.3.10 Peyman
14.3.11 Dashi International