The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The Business Research Company’s Recipe Pecan Global Market Report 2024 offers crucial insights into the recipe pecan market help businesses analyse and build stronger strategies.

Market Growth Overview

• 2023 Market Size: $2.08 billion
• 2024 Market Size: $2.23 billion
• CAGR (2023-2024): 7.5%
• Growth drivers:
  • Growth in the food and beverage industry
  • Health and nutrition awareness
  • Regional and cultural preferences
  • Marketing and promotion efforts
  • Availability and harvesting practices

Future Market Projections

Exponential Growth Expected

• 2028 Market Size: $2.92 billion
• CAGR (2024-2028): 6.9%
• Growth drivers:
  • Demand for healthy snacks
  • Gourmet and specialty cuisine
  • Shift towards plant-based diets
  • Culinary influencers and celebrity endorsements
• Major trends:
  • Diversification in culinary usage
  • Popularity of plant-based ingredients
  • Innovation in recipe development
  • Culinary fusion and experimentation
  • Health-conscious consumer choices

Read The Full Recipe Pecan Market Report Here:
https://www.thebusinessresearchcompany.com/report/recipe-pecan-global-market-report

Recipe Pecan Market Amidst Soaring Demand for Plant-Based Products

Rising Demand for Plant-Based Products

• Increasing consumer awareness of plant-based products
• Pecans as a healthy, plant-based option
  • Good source of calcium, magnesium, potassium
• Example from Plant Based Foods Association (PBFA)
  • Plant-based retail sales in the US increased by 6.2% in 2021
  • Overall plant-based market value: $7.4 billion
  • Increase in plant-based product purchases from 61% (2020) to 62% (2021)

Key Players in the Recipe Pecan Market

Major Companies

• Archer Daniels Midland Company
• Green Valley Pecan Company
• Hudson Pecan Company Inc.
• John B. Sanfilippo & Son Inc.
• Maco Pecan SA de CV
• National Pecan Company
• Navarro Pecan Company
• Oliver Pecan Company Inc.
• San Saba Pecan LP
• South Georgia Pecan Company
• Sun City Nut Company Inc.
• Whaley Pecan Company Inc.
• Atwell Pecan Company

Elevating the Recipe Pecan Market with Innovative Plant-Based Delicacies

New Generation Plant-Based Coffee Creamers

• Companies developing new-generation products
• Example: THIS PKN (US-based dairy-free brand)
  • Launched pecan milk-based coffee creamers
  • Flavors: Original and 100-calorie chocolate
  • Rich, buttery flavor reminiscent of pecan pie and pralines
  • Contains Omega-3 fatty acids, antioxidants, calcium, zinc, vitamins A, B, and E
  • Versatile usage: coffee, espresso, cereal, oats

National Pecan Company Acquired New Aces Pecan Company

Strategic Acquisition

• National Pecan Company (US-based agro-company)
  • Acquired New Aces Pecan Company in October 2021
  • Acquisition includes high-efficiency processing facility
  • Supports National Pecan Company’s expansion plans
• New Aces Pecan Company
  • US-based producer and processor of pecans

Market Segmentation and Regional Insights

Market Segments

• By Type:
  • In-shelled
  • Shelled
• By Application:
  • Directly Eat
  • Confectionery
  • Bakery
• By Distribution Channel:
  • Online
  • Offline

Regional Dynamics

• Largest Market: North America (2023)
• Fastest Growing Region: North America (forecast period)

The recipe pecan market is set to thrive, driven by increasing health awareness, the rise of plant-based diets, and innovative culinary uses. With significant market players and strategic acquisitions, the future of pecans in gourmet and healthy snacks looks promising, particularly in North America.

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The Recipe Pecan Global Market Report 2024  provides a comprehensive outlook of the recipe pecan market for the historic years (2010 – 2021) and ten years forecast (2023 – 2032). The recipe pecan market forecast offers a thorough analysis on recipe pecan market size, recipe pecan market share, prominent players and their strategies.

The Table Of Content For The Recipe Pecan Market Include:
1. Recipe Pecan Market Executive Summary
2. Recipe Pecan Market Segments
3. Recipe Pecan Market Size And Recipe Pecan Market Growth Rate
4. Key Recipe Pecan Market Trends
5. Major Recipe Pecan Market Drivers
……
25. Key Mergers And Acquisitions In The Recipe Pecan Market
26. Top Recipe Pecan Companies
27. Recipe Pecan Market Opportunities And Strategies
28. Recipe Pecan Market, Conclusions And Recommendations
29. Appendix

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