Australia Pistachio Market Report and Forecast 2024-2032

Australia Pistachio Market Outlook

The Australia pistachio market size reached USD 99.64 million in 2023. The market is expected to grow at a CAGR of 4.98% between 2024 and 2032, reaching almost USD 155.83 million by 2032.

Key Takeaways:

• The Australian Nut Industry Council reports that the annual consumption of pistachios in Australia stands at 4,200 tonnes in-shell, showing a consistent growth rate of 9% annually (compounded) since the year 2000.

• It is projected that by 2024, the pistachio production area will expand to 2,000 hectares, yielding a crop of 4,500 tonnes in-shell, thus boosting the Australia pistachio market growth.

• In 2021, the collective pistachio production area was 1,900 hectares. On average, Australia yields around 3,000 tonnes of pistachios in-shell per year (based on a two-year average).

The unflavoured variety dominates the Australia pistachio market share due to its diverse range of flavours like honey-roasted, chilli-lime, garlic, barbecue, and others. This assortment attracts consumers seeking varied taste sensations

Flavoured pistachios provide an extensive range of flavours such as honey-roasted, chilli-lime, and garlic, catering to a variety of tastes. These additions intensify the nut's inherent taste, creating distinctive snacking opportunities and versatile recipe options, attracting individuals seeking unique flavours.

Unflavoured pistachios emphasize the inherent nutritional advantages, offering versatility in culinary dishes. Rich in protein, fibre, and vitamins, they present a low-sodium, heart-healthy, nutrient-dense option for those who appreciate the original taste of pistachios.

According to the Australian Nut Industry Council for the past 22 years, the Pistachio Growers' Association Inc has spearheaded the creation and management of various research initiatives, which have been supported by industry funding and matching contributions from the Australian government through hort innovation.

Market Segmentation

Australia Pistachio Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

• Unflavoured

• Flavoured

Market Breakup by Product

• Splits

• Powder

• Crushed

• Shelled

Market Breakup by End Use

• Dairy Products

• Bakery and Confectionery

• Snacks

• Breakfast Cereals

• Flavoured Drink

Market Breakup by Distribution Channel

• Supermarkets and Hypermarkets

• Convenience Stores

• Online Channels

• Others

Market Breakup by Region

• New South Wales

• Victoria

• Queensland

• Australian Capital Territory

• Western Australia

• Others

The Australia pistachio market key players are Nut Producers Australia Pty Ltd., Carboor Farms Pty Ltd., HongTai Food Company Pty. Ltd., CMV Group, and Natural Moreish Pty Ltd. among others.

Key Highlights of the Report