Pistachio market continues to grow, led by the United States

The United States has established itself as the world’s largest producer, exporter, and consumer of pistachios, driven by expanding acreage and orchard resilience. According to a recent RaboResearch report, the U.S. pistachio industry is poised for a significant increase in supply, making business innovation and health research crucial to maintaining price stability. Adopting economically sustainable practices will continue to ensure positive margins for efficient operators. Over the past two decades, pistachios have consistently offered higher gross yields per acre of production than almonds and walnuts in California. With an average gross yield of $6,400 per acre over the past decade, pistachios have outperformed almonds and walnuts by 20 and 70 percent, respectively. This profitability, coupled with the resilience of pistachio orchards to salinity and drought, has fueled rapid planting growth since 2012. From 2011 to 2023, California’s pistachio planted acreage increased by ...