In the fourth quarter of 2023, the price of pecans in the United States reached 3950 USD/MT by December. The pecans prices in Germany reached 5486 USD/MT in December 2023.

Graph and download economic data for Producer Price Index by Commodity: Farm Products: Pecans (WPU01190101) from Nov 1967 to Jun 2025 about nuts, agriculture, commodities, PPI, inflation, price index, indexes, price, and USA.

The Pecan Market Report is Segmented by Geography (North America, Europe, Asia-Pacific, South America, Middle East, and Africa). The Report Includes Production Analysis (Volume), Consumption Analysis (Value and Volume), Export Analysis (Value and Volume), Import Analysis (Value and Volume), and Price Trend Analysis. The Market Forecasts are Provided in Terms of Value (USD) and Volume (Metric Tons).

United States - Producer Price Index by Commodity: Farm Products: Pecans was 857.53500 Index 1982=100 in June of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Farm Products: Pecans reached a record high of 956.40000 in November of 2011 and a record low of 52.30000 in December of 1969. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Farm Products: Pecans - last updated from the United States Federal Reserve on July of 2025.

Pecan Market Outlook

The global pecan market is projected to experience significant growth over the coming years, with a market size that was estimated at $1.45 billion in 2023, and it is expected to reach approximately $2.72 billion by 2032, reflecting a compound annual growth rate (CAGR) of 7.2% over the forecast period. This growth can be attributed to several factors, including the increasing consumer awareness regarding the health benefits associated with pecan consumption, the rising popularity of pecans as a gourmet ingredient in culinary applications, and the expanding demand for pecans in various segments such as bakery, snacks, and confectionery products.

The health benefits of pecans are a major driver of market growth. Pecans are rich in essential nutrients such as fiber, vitamins, and minerals, and they are an excellent source of healthy fats. This makes them highly appealing to health-conscious consumers who are increasingly seeking nutritious food options. Additionally, pecans are known to support heart health, aid in weight management, and offer antioxidant properties, which further amplifies their demand. As consumers become more informed about the importance of balanced diets and nutrient-rich foods, the demand for pecans is expected to grow substantially, contributing to the market's positive outlook.

Moreover, the versatility of pecans in culinary applications is driving their popularity across various sectors. Chefs and food manufacturers are incorporating pecans into a wide array of products, from bakery items like cookies and pies to savory dishes and garnishes. This adaptability not only caters to diverse taste preferences but also enhances the overall appeal of food products. The trend of premiumization in the food industry, where consumers are willing to pay higher prices for high-quality ingredients, further boosts the demand for pecans. The culinary sector's embrace of pecans is expected to continue bolstering the market in the coming years.

Additionally, the rise of pecans as a snacking option is significantly influencing market dynamics. With the growing trend of on-the-go snacking and the increasing preference for healthier snack alternatives, pecans are becoming a favored choice among consumers. The availability of roasted and flavored pecans has expanded the variety of options available to snackers, making them an attractive option for both individuals and families. As the global snacking industry continues to evolve, pecans' role as a nutritious and convenient snack option will likely contribute to sustained market growth.

Chestnuts, much like pecans, have been gaining attention for their nutritional benefits and versatility in culinary applications. Known for their sweet, nutty flavor, chestnuts are rich in vitamins, minerals, and antioxidants, making them a popular choice among health-conscious consumers. They are often used in a variety of dishes, from traditional holiday stuffing to modern gourmet recipes, adding a unique texture and flavor profile. The growing interest in plant-based and gluten-free diets has also contributed to the rising popularity of chestnuts, as they serve as a nutritious alternative to grains and other nuts. As consumers continue to explore diverse culinary options, the demand for chestnuts is expected to rise, paralleling the trends observed in the pecan market.

Regionally, the pecan market is witnessing substantial growth, particularly in North America, which remains the largest consumer and producer of pecans globally. The United States, in particular, is a major player, with pecans being a significant part of American cuisine and culture. The Asia Pacific region is also emerging as a key market, driven by increasing consumer interest in Western food products and a growing middle class with disposable income to spend on premium food items. The market in Europe is gaining momentum, particularly in countries where healthy eating trends are prevalent. These regional dynamics are expected to shape the global pecan market landscape over the forecast period.

Product Type Analysis

The pecan market is characterized by a diverse range of product types, each catering to different consumer preferences and culinary applications. Raw pecans represent a significant segment, valued for their natural taste and nutritional benefits. These are often preferred by consumers who enjoy the unadulterated flavor of pecans or those who use them as ingredients in homemade recipes. The demand for raw peca

Pecans Market Outlook

The global pecans market size was valued at approximately USD 2.1 billion in 2023 and is projected to reach USD 3.5 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.8% during the forecast period. This growth is attributed to increasing consumer awareness regarding the health benefits of pecans, which are rich in vitamins, minerals, and antioxidants. The rise in health-conscious consumers and the trend towards healthy snacking are key drivers of this growth. Pecans are not only celebrated for their flavor and versatility in culinary applications but are also recognized for their nutritional profile, making them a popular choice among various demographics.

A significant factor contributing to the growth of the pecans market is the global shift towards healthier dietary practices. As consumers worldwide become more conscious of the impact of their dietary choices on health and wellbeing, there is a marked increase in the demand for nutrient-rich foods. Pecans, being a powerhouse of nutrients such as monounsaturated fats, proteins, and fiber, fit perfectly into this trend. Moreover, the growing body of research highlighting the cardiovascular benefits and the role of pecans in weight management further fuels this demand. Additionally, pecans’ potential in reducing cholesterol levels and providing essential nutrients contributes positively to their market appeal.

The burgeoning food and beverages industry also plays a pivotal role in driving the pecans market. With an increasing number of food manufacturers incorporating pecans into their products, from bakery goods to confectioneries and snacks, the market experiences further expansion. Innovations in product offerings, such as flavored and roasted pecans, cater to a wider range of consumer tastes, thereby enhancing market penetration. The versatility of pecans in both sweet and savory applications makes them an attractive ingredient across diverse culinary landscapes. Furthermore, the rise of gourmet and artisanal food trends, where pecans are often used as premium ingredients, aids in sustaining market growth.

Consumer trends towards sustainability and organic products also influence the pecans market. As environmental awareness grows, consumers are increasingly opting for products that are sustainably sourced and organically produced. This shift opens up new avenues for pecan producers who adopt eco-friendly farming practices to cater to this segment of the market. The premium pricing associated with organic pecans, along with the increasing availability of such options, also contributes to market expansion by appealing to environmentally conscious consumers. Moreover, the adoption of pecans in plant-based diets aligns with the global rise in vegan and vegetarian lifestyles, further boosting market demand.

Regionally, North America dominates the pecans market, owing to the presence of major pecan-producing areas like the United States. The region's established agriculture infrastructure and significant consumer base ensure steady demand. However, the Asia Pacific region is anticipated to witness the highest growth rate during the forecast period. The rising disposable incomes, urbanization, and changing dietary patterns in countries such as China and India bolster the adoption of pecans. Additionally, the increasing popularity of Western dietary habits and a burgeoning middle-class population further enhance market prospects in this region.

Product Type Analysis

The pecans market is categorized into various product types, including raw pecans, roasted pecans, flavored pecans, and others. Raw pecans continue to hold a significant share of the market due to their widespread use in cooking and baking. Known for their purity and unaltered taste, raw pecans are favored by consumers who prefer natural and organic food products. They are often utilized in baking, salads, and as a topping for desserts, providing a rich nutty flavor and a nutritional boost. The demand for raw pecans is particularly strong in regions with high health consciousness, where consumers are increasingly inclined towards minimally processed foods.

Roasted pecans are gaining traction in the market as well, primarily due to their enhanced flavor and crunchy texture. Roasting brings out the natural oils and enhances the taste profile of pecans, making them a popular choice for snacks and as an ingredient in various recipes. The rising demand for roasted pecans can be attributed to their convenience and ready-to-eat nature, which appeals to busy consumers looking for healthy snacking options. Furthermor