Recipe Pecan Market (2021 to 2027) – Growth, Trends, COVID-19 Impact, and Forecasts

Recipe Pecan Market was valued at US$ 2.2 Bn. in 2021. The Global Recipe Pecan Market size is estimated to grow at a CAGR of 6.8 % over the forecast period.

Recipe Pecan Market Overview:

The pecan is a nut from a species of hickory trees native to Northern Mexico. It is a nutrition powerhouse loaded with vitamins and minerals. The high monounsaturated oil results in pecan’s distinct flavor and texture, making it the fattiest among all the nuts. It goes well in savory and sweet dishes, most famously pecan pie. The United States exports up to 80% of the world’s pecan. It is a great source of monounsaturated fatty acids, a type of fat that may benefit heart health. Pecan adds crunch and flavor to my recipes like maple syrup, bourbon, chocolate, and even sweet potato. The report explores the Recipe pecan market's segments (Type, Interferometer Type, Application, End-User, and Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). This market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2017 to 2020. The report investigates the recipe pecan market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the recipe pecan market's contemporary competitive scenario. Recipe Pecan Market To know about the Research Methodology :- Request Free Sample Report The COVID-19 pandemic left the economy negatively affected around the world. It has affected food industries and brought a food service industry near stop. Due to the lockdown implemented across the globe, it was projected that it will affect the global pecan supply and put a halt to the movement of inventory because people are staying at their homes there were no gatherings. But pecan’s digital marketing strategy aligned well with consumers to keep pecans top of mind resulting in an increase in demand for the recipe pecan market during the pandemic. 2021 is considered as a base year to forecast the market from 2022 to 2027. 2021’s market size is estimated on real numbers and outputs of the key players and major players across the globe. The past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analysis, especially with the impact of lockdown by region.

Recipe Pecan Market Dynamics:

The increasing number of health-conscious customers is driving the growth of the global pecan market. The rising demand for plant-based food products is influencing the sales of the recipe pecan market across the globe. Pecan products are trending in the market because they have many health benefits such as they contain anti-inflammatory properties which help in reducing heart disease. Due to their nutty flavor, taste, and availability in multiple varieties, they are widely consumed as a snack in various countries across the globe. The retailers should emphasize the healthy, delicious ingredient all four seasons they are working on recipes and usage of pecans which is not seasonal.

Recipe Pecan Market Trends:

Domestic shipments are the driver behind the growth representing an increase of 42.5% over last year. The domestic shipment of the pecan industry has grown from approximately 142 million pounds to 315 million pounds in the year 2021. Post pandemic peoples are more concerned about their immunity pecan is important for immunity as it provides mineral zinc, which is crucial for immune cell development and function.

Recipe Pecan Market Segment Analysis:

Based on Type, the Recipe Pecan Market is segmented into In-shell Pecan and Shelled Pecan. In-shell segment dominates the market and will remain the same during the forecast period. Because they can be kept in a cool and dry place for around 6-12 months without losing any freshness and flavor and they can be placed in an airtight container and kept in the freezer for up to 2 years. Shelled pecans are available all year round but in-shelled are available only in autumn.Recipe Pecan MarketBased on the Application, the Recipe Pecan Market is segmented into Directly eat, Confectionery and Bakery. The Bakery segment dominates the market and will remain the same during the forecast period because pecan-based products such as pecan muffins, pecan biscuits, and many other pecan-based bakery products are becoming popular as a part of a healthy diet.

Recipe Pecan Market Regional Insights:

The North American region held the largest market share accounting for 30% in 2021. The rising pecan consumption because consumers are focusing on the nutrition factor is expected to drive the pecan market in this region. Mexico is the leading exporter of pecans accounting for 62% of all the exports. It mainly exports to the US and some European countries The Asia Pacific region is expected to witness significant growth during the forecast period. The demand for pecans is increasing at a higher rate which led the producers in the country to boost their production and expand the pecan market. The objective of the report is to present a comprehensive analysis of the global Recipe Pecan Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Recipe Pecan Market dynamic, and structure by analyzing the market segments and projecting the Recipe Pecan Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Recipe Pecan Market make the report investor’s guide.

Recipe Pecan Market Scope: Inquiry Before Buying

Recipe Pecan Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2027
Historical Data: 2017 to 2021 Market Size in 2021: US$ 2.2 Bn.
Forecast Period 2022 to 2027 CAGR: 6.8% Market Size in 2027: US$ 3.5 Bn.
Segments Covered: by Type • In-shelled • Shelled
by Application • Directly eat • Confectionery • Bakery

Recipe Pecan Market by Region

• North America • Europe • Asia Pacific • The Middle East and Africa • South America

Recipe Pecan Market Key Players:

• John B. Sanfilippo & Son • Navarro Pecan Company • Green Valley • ADM • San Saba • Lamar Pecan Co. • Hudson Pecan Co. • National Pecan Co. • Oliver Pecan Co. • Whaley Pecan Company • South Georgia Pecan Company • La Nogalera Group • Sun City Nut Company • MACO Frequently asked questions 1. What are the key factors driving the recipe pecan market? Ans- Increasing consumer awareness regarding their health benefits and rising demand for plant-based products are the major factor driving the growth of the market. 2. How much will be the global pecan market worth in 2027? Ans- Global pecan market valued at US$3.5 bn during the forecast period. 3. What segments are covered in the global recipe pecan market? Ans- The market is segmented into type, application, and geography.
1. Global Recipe Pecan Market Size: Research Methodology 2. Global Recipe Pecan Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global ### Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Recipe Pecan Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12. COVID-19 Impact 4. Global Recipe Pecan Market Size Segmentation 4.1. Global Recipe Pecan Market Size, by Type (2021-2027) • In-shelled • Shelled 4.2. Global Recipe Pecan Market Size, by Application (2021-2027) • Directly eat • Confectionery • Bakery 5. North America Recipe Pecan Market (2021-2027) 5.1. North America Recipe Pecan Market Size, by Type (2021-2027) • In-shelled • Shelled 5.2. North America Recipe Pecan Market Size by application (2021-2027) • Directly eat • Confectionery • Bakery 5.3. North America Recipe Pecan Market, by Country (2021-2027) • United States • Canada • Mexico 6. European Recipe Pecan Market (2021-2027) 6.1. European Recipe Pecan Market, by Type (2021-2027) 6.2. European Recipe Pecan Market, by application (2021-2027) 6.3. European Recipe Pecan Market, by Country (2021-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Recipe Pecan ### Market (2021-2027) 7.1. Asia Pacific Recipe Pecan Market, by Type (2021-2027) 7.2. Asia Pacific Recipe Pecan Market, by application (2021-2027) 7.3. Asia Pacific Recipe Pecan Market, by Country (2021-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Recipe Pecan Market (2021-2027) 8.1. Middle East and Africa Recipe Pecan Market, by Type (2021-2027) 8.2. Middle East and Africa Recipe Pecan Market, by applcation(2021-2027) 8.3. Middle East and Africa Recipe Pecan Market, by Country (2021-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Recipe Pecan Market (2021-2027) 9.1. South America Recipe Pecan Market, by type (2021-2027) 9.2. South America Recipe Pecan Market, by application (2021-2027) 9.3. South America Recipe Pecan Market, by Country (2021-2027) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1.1. John B. Sanfilippo & Son 10.1.2. Company Overview 10.1.3. Financial Overview 10.1.4. Global Presence 10.1.5. Capacity Portfolio 10.1.6. Business Strategy 10.1.7. Recent Developments 10.2. Navarro Pecan Company 10.3. Green Valley 10.4. ADM 10.5. San Saba 10.6. Lamar Pecan Co. 10.7. Hudson Pecan Co. 10.8. National Pecan Co. 10.9. Oliver Pecan Co. 10.10. Whaley Pecan Company 10.11. South Georgia Pecan Company 10.12. La Nogalera Group 10.13. Sun City Nut Company 10.14. MACO

About This Report

Report ID 147428
Category Food & Beverages
Published Date May 2022
Updated Date
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