Pili nuts are also known as canarium ovatum which are primarily grown in the Bicol region southern part of Luzon islands. Pili consists of antioxidants and is rich in vitamin E. The nuts are loaded with the nutrients like potassium, calcium, and magnesium content. The Southeast Asian countries commercially export pili nuts, these nuts are produced on only one farm in the Philippines which exports as well as grows the pili nuts. Pili nuts are used in pharmaceuticals, cosmetics, cooking products, and other applications.
This growth is primarily driven by Growing Demand for the Superfoods Products Among Health Conscious People and Need for Antioxidants and Essential Nutrients in Food Products.
Globally, a noticeable market trend is evident Pili Nuts Extracts are Increasingly used in Cosmetics Applications because of their Skin Benefits. Major Vendors, such as PhilAgrivest (Philippines), MikeLiz Integrated Farm (Philippines), Azymus Tropical Foodworks International Inc. (Philippines), Subic Superfoods Inc. (Philippines), Raw & Wild Ltd (United Kingdom), Pili Hunters (United States), Laird Superfood, Inc. (United States) and Lavva (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 17th September 2020, Lavva launches new plant-based milk made with pili nuts. The full line of alternative dairy products will include Unsweetened Plant Milk, Chocolate Plant Milk, and Unsweetened Plant Creamer. They are made with organic coconut water, filtered water, and pili nuts. Each 8-ounce serving contains 3 grams of protein and 11 grams of fat.
On 6th October 2020, Laird Superfood, creator of assorted plant-based superfood products, is venturing into the snack food category for the first time with the introduction of Pili Nuts. Known for its highly popular coffee creamers, hydration products, beverage enhancing supplements, roasted and instant coffees, teas, and hot chocolate, Laird Superfood is debuting this rich, buttery and nourishing snack in three delicious flavors – Himalayan salt, matcha, and cacao.
"According to UK Food Standards Agency (FSA), The food is the nut/kernel found within the fruit of the pili nut tree (Canarium ovatum). It and is primarily grown in the Philippines and exported to a number of countries. The suggested uses of the nut would be eaten as such or roasted. Wider uses are consistent with tree nuts and include pralines, ice cream, etc. Food uses are also suggested for the oil from the nut."
- Growing Demand for the Superfoods Products Among Health Conscious People
- Need for Antioxidants and Essential Nutrients in Food Products
- Pili Nuts Extracts are Increasingly used in Cosmetics Applications because of their Skin Benefits
- Regulatory Standard and Guidelines Associated with the Import & Export of Pili Nuts
Growing E-commerce Availability Pili Nuts Products and Potential in the Marketing & Promotion of Pili Nuts
High-Cost Availability of Pili Nuts Since it has Limited Availability
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Pili Nuts Study Sheds Light on
The Pili Nuts Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Pili Nuts industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Pili Nuts industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Pili Nuts Market?
The Pili Nuts market is expected to see a CAGR of % during projected year 2021 to 2027.
2. Who are the top performing companies in Pili Nuts Market?
Top performing companies in the Global Pili Nuts market are PhilAgrivest (Philippines), MikeLiz Integrated Farm (Philippines), Azymus Tropical Foodworks International Inc. (Philippines), Subic Superfoods Inc. (Philippines), Raw & Wild Ltd (United Kingdom), Pili Hunters (United States), Laird Superfood, Inc. (United States) and Lavva (United States), to name a few.
3. Which region dominated the worldwide market for Pili Nuts in 2021?
is dominating the Pili Nuts Market.