Pecan Market

Pecan Market

Global Market Study on Pecans: Increasing Demand for Pecan Nuts to be Observed in the Near Future

  • XPLREP2357

  • April, 2018

  • 254 Pages

  • Food

Rising Awareness Among Consumers Regarding Health Benefits of Pecans Ensure Substantial Growth

The global pecans market is projected to progress at a healthy pace during the forecast period, according to a new market study by XploreMR. The growth of the market is predominantly attributed to evolving consumer preferences and growing demand for healthy and nutritious nuts. Moreover, rising awareness among consumers regarding health benefits possessed by pecan nuts is transmuting into revenue opportunities as a result of increasing awareness.

Being a source of 14 types of vitamins and minerals, pecan nuts are gaining traction among health-conscious consumers as a part of their regular diets. Furthermore, consumption of pecans in production of a wide range of snacks is also expected to boost the demand. The aforementioned factors will continue to drive the global pecans market on a positive growth trajectory through the forecast period.

Strong Nutritional Composition Ensures Adoption in Bakery and Snacks Food Products

Pecans Market: Industry Outlook

This report is based on the analysis done by considering the demand and supply trends of pecan in global market. It includes the scope of application for pecans and the growth of related industries. On a broader level, this comprehensive research report shows that, the food and beverage industry in North America is colossal and comprises and number of players in largely fragmented and multi-tiered supply chains. The industry is stringently regulated and players often have to adapt to a landscape that changes quite frequently.

The primary demand drivers in North America are witnessing fast-paced evolution, as dietary habits receive emphasis, especially among consumers who scour every label to read the ingredients. Although mergers and acquisitions have been a staple in the food and beverage industry, uncertainties in political climate in Europe and America lead to a slowdown in 2016. As there is more clarity on the U.S. Presidential election and Brexit, the pace of mergers and acquisitions is likely to pick up.

The evolving tastes and preferences of consumers are not lost on manufacturers, as offerings have been broadened to accommodate organic and natural food products. Many established players are focusing in acquiring smaller companies which have the expertise and reputation of being pros in specific organic and natural domains.

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Global Market Study on Pecans: Increasing Demand for Pecan Nuts to be Observed in the Near Future
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