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MARKET OVERVIEW

1.1 Definition and presentation

The pistachio is a dry fruit produced by the pistachio tree, a shrub of Mediterranean climate. It takes the form of a greenish, sweet-tasting seed, housed in a shell that opens when ripe.

There are two main uses for the pistachio. It is consumed :

salted and/or grilled as an aperitif
sweetened, in pastry where it can be crushed, crushed, transformed into cream or flavouring

The world market for pistachios is dynamic. The global pistachio market was valued at USD 3,907.07 million in 2021 and is expected to reach USD 5,282.52 million by 2029, registering a CAGR of 3.7% during the forecast period of 2022-2029.

Consumed worldwide and very popular in the West, it originated in Iran. It is still widely cultivated there, but North America and especially the United States are the undisputed leaders in global pistachio production. In fact, it is hyper-polarized, with these two countries producing 70% (25% for Iran and 45% for the United States).

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