Rising pistachio prices redirected 10% of demand to peanuts and walnuts
Pistachio prices reached their highest level in eight years amid the conflict between the US and Iran.
Pistachios have a unique flavor profile, making them almost irreplaceable in retail. However, in the food industry (confectionery, ice cream), rotation is possible. Due to rising pistachio prices, a shift of approximately 10% in consumer demand toward coated peanuts and walnuts, as a more affordable source of healthy fats, is expected in 2025.
Almonds remain the most popular pistachio substitute. Cashews, for which demand remains stable, and pumpkin seeds are also a possible alternative in the food industry.
Read also
Romania plans to restrict unscheduled freight train access to Constanta port
Global blueberry market faces tighter supplies and rising prices
China’s used cooking oil exports surge 55%, with Europe becoming the largest...
Kazakh flaxseed prices surge in Europe amid transit restrictions
Global food inflation intensifies amid declining grain shipments and rising logist...
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon