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.
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