A pecan, like the fruit of all other members of the hickory genus, is not truly a nut, but is technically a drupe, a fruit with a single stone or pit, surrounded by a husk. The husks are produced from the exocarp tissue of the flower, while the part known as the nut develops from the endocarp and contains the seed.
The pecan (Carya illinoinensis) is a species of hickory native to the southern United States and northern Mexico in the region of the Mississippi River. The tree is cultivated for its seed in the southern United States, primarily in Georgia, New Mexico, Texas, and Mexico, which produces nearly half of the world total. The seed is an edible nut used as a snack and in various recipes, such as praline candy and pecan pie.
According to the new market research report “Raw Pecans - Global Market Insights and Sales Trends 2024”, published by QYResearch, the global Raw Pecans market size is projected to reach USD 6.05 billion by 2029, at a CAGR of 5.4% during the forecast period.
- Global Raw Pecans MarketSize(US$ Million), 2018-2029
Source: QYResearch, "Raw Pecans - Global Market Insights and Sales Trends 2024”
- Global Raw Pecans Top24Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)
Source: QYResearch, "Raw Pecans - Global Market Insights and Sales Trends 2024”
The global key manufacturers of Raw Pecans include Carter Pecan, Navarro Pecan Company, MACO, John B. Sanfilippo & Son, South Georgia Pecan Company, Sun City Nut Company, Archer Daniels Midland, National Pecan, Durham-Ellis Pecan, Lane Southern Orchards, etc. In 2021, the global top 10 players had a share approximately 30.0% in terms of revenue.
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