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Walnut Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Publisher IMARC Services Pvt. Ltd.
Published Mar 18, 2023
Length 147 Pages
SKU # IMRC17854643

Description

Walnut Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The global walnut market size reached US$ 8.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 10.7 Billion by 2028, exhibiting a growth rate (CAGR) of 4.9% during 2023-2028.

Walnuts refer to large, round, and wrinkled edible seeds that belong to any of the deciduous trees of the Juglandaceae family. They are a good source of healthy omega-3 fats, antioxidants, and essential nutrients, such as fibers, proteins, carbohydrates, calcium, iron, sodium, phosphorous, and manganese. Walnuts help improve bone and brain health, prevent cardiovascular disorders and cancer, minimize the risk of gallbladder disease, reduce cholesterol levels, and aid in weight management. Due to these health benefits, walnuts are widely consumed as nuts and used in bakery products and to make walnut oil, an expensive culinary oil extensively utilized in salad dressings.

Walnut Market Trends:
As walnuts offer numerous skin, hair, and health benefits, the escalating demand for healthy and nutritious food products represents the primary factor driving the market growth. Besides this, the rising consumption of walnuts as an ingredient in the food processing industry to manufacture nut butter, confectionery, chocolates, and bakery products is another major growth-inducing factor. Additionally, there has been a significant shift toward a healthy lifestyle due to the high prevalence of chronic diseases, such as obesity, diabetes, and cardiovascular diseases (CVDs). This, in confluence with the growing awareness regarding the high nutritional content and health benefits of walnuts among the masses, is catalyzing the product demand. Furthermore, the widespread adoption of walnuts in the cosmetics and personal care industry and the increasing product usage in traditional sweets, savory items, and other ready-to-eat (RTE) meals are propelling the market growth. Other factors, including the rising demand for convenience foods, inflating consumer expenditure capacities, and the emerging trend of healthy snacking, are also creating a positive market outlook.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global walnut market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, product, nature, form and end use.

Breakup by Type:

In-shell
Shelled

Breakup by Product:

Persian or English Walnut
Black Walnut

Breakup by Nature:

Organic
Conventional

Breakup by Form:

Raw
Processed

Breakup by End Use:

Household
Industrial
Personal Care and Cosmetics
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Agromillora Group, Alpine Pacific Nut Company, Andersen and Sons Shelling Inc., Crain Walnut Shelling Inc, Empire Nut Company LLC, GoldRiver Orchards Inc., Grower Direct Nut Co. Inc., Guerra Nut Shelling Co Inc, Haleakala Walnut Shelling Inc., Kashmir Walnut Group and Poindexter Nut Company.

Key Questions Answered in This Report

1. What was the size of the global walnut market in 2022?
2. What is the expected growth rate of the global walnut market during 2023-2028?
3. What has been the impact of COVID-19 on the global walnut market?
4. What are the key factors driving the global walnut market?
5. What is the breakup of the global walnut market based on the type?
6. What is the breakup of the global walnut market based on the product?
7. What is the breakup of the global walnut market based on nature?
8. What is the breakup of the global walnut market based on the form?
9. What are the key regions in the global walnut market?
10. Who are the key players/companies in the global walnut market?

Table of Contents

147 Pages
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Walnut Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 In-shell
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Shelled
  6.2.1 Market Trends
  6.2.2 Market Forecast
7 Market Breakup by Product
7.1 Persian or English Walnut
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Black Walnut
  7.2.1 Market Trends
  7.2.2 Market Forecast
8 Market Breakup by Nature
8.1 Organic
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Conventional
  8.2.1 Market Trends
  8.2.2 Market Forecast
9 Market Breakup by Form
9.1 Raw
  9.1.1 Market Trends
  9.1.2 Market Forecast
9.2 Processed
  9.2.1 Market Trends
  9.2.2 Market Forecast
10  Market Breakup by End Use
10.1 Household
  10.1.1 Market Trends
  10.1.2 Market Forecast
10.2 Industrial
  10.2.1 Market Trends
  10.2.2 Market Forecast
10.3 Personal Care and Cosmetics
  10.3.1 Market Trends
  10.3.2 Market Forecast
10.4 Others
  10.4.1 Market Trends
  10.4.2 Market Forecast
11  Market Breakup by Region
11.1 North America
  11.1.1 United States
   11.1.1.1 Market Trends
   11.1.1.2 Market Forecast
  11.1.2 Canada
   11.1.2.1 Market Trends
   11.1.2.2 Market Forecast
11.2 Asia-Pacific
  11.2.1 China
   11.2.1.1 Market Trends
   11.2.1.2 Market Forecast
  11.2.2 Japan
   11.2.2.1 Market Trends
   11.2.2.2 Market Forecast
  11.2.3 India
   11.2.3.1 Market Trends
   11.2.3.2 Market Forecast
  11.2.4 South Korea
   11.2.4.1 Market Trends
   11.2.4.2 Market Forecast
  11.2.5 Australia
   11.2.5.1 Market Trends
   11.2.5.2 Market Forecast
  11.2.6 Indonesia
   11.2.6.1 Market Trends
   11.2.6.2 Market Forecast
  11.2.7 Others
   11.2.7.1 Market Trends
   11.2.7.2 Market Forecast
11.3 Europe
  11.3.1 Germany
   11.3.1.1 Market Trends
   11.3.1.2 Market Forecast
  11.3.2 France
   11.3.2.1 Market Trends
   11.3.2.2 Market Forecast
  11.3.3 United Kingdom
   11.3.3.1 Market Trends
   11.3.3.2 Market Forecast
  11.3.4 Italy
   11.3.4.1 Market Trends
   11.3.4.2 Market Forecast
  11.3.5 Spain
   11.3.5.1 Market Trends
   11.3.5.2 Market Forecast
  11.3.6 Russia
   11.3.6.1 Market Trends
   11.3.6.2 Market Forecast
  11.3.7 Others
   11.3.7.1 Market Trends
   11.3.7.2 Market Forecast
11.4 Latin America
  11.4.1 Brazil
   11.4.1.1 Market Trends
   11.4.1.2 Market Forecast
  11.4.2 Mexico
   11.4.2.1 Market Trends
   11.4.2.2 Market Forecast
  11.4.3 Others
   11.4.3.1 Market Trends
   11.4.3.2 Market Forecast
11.5 Middle East and Africa
  11.5.1 Market Trends
  11.5.2 Market Breakup by Country
  11.5.3 Market Forecast
12  SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13  Value Chain Analysis
14  Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15  Price Analysis
16  Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
  16.3.1 Agromillora Group
   16.3.1.1 Company Overview
   16.3.1.2 Product Portfolio
  16.3.2 Alpine Pacific Nut Company
   16.3.2.1 Company Overview
   16.3.2.2 Product Portfolio
  16.3.3 Andersen and Sons Shelling Inc.
   16.3.3.1 Company Overview
   16.3.3.2 Product Portfolio
  16.3.4 Crain Walnut Shelling Inc
   16.3.4.1 Company Overview
   16.3.4.2 Product Portfolio
  16.3.5 Empire Nut Company LLC
   16.3.5.1 Company Overview
   16.3.5.2 Product Portfolio
  16.3.6 GoldRiver Orchards Inc.
   16.3.6.1 Company Overview
   16.3.6.2 Product Portfolio
  16.3.7 Grower Direct Nut Co. Inc.
   16.3.7.1 Company Overview
   16.3.7.2 Product Portfolio
  16.3.8 Guerra Nut Shelling Co Inc
   16.3.8.1 Company Overview
   16.3.8.2 Product Portfolio
  16.3.9 Haleakala Walnut Shelling Inc.
   16.3.9.1 Company Overview
   16.3.9.2 Product Portfolio
  16.3.10 Kashmir Walnut Group
   16.3.10.1 Company Overview
   16.3.10.2 Product Portfolio
  16.3.11 Poindexter Nut Company
   16.3.11.1 Company Overview
   16.3.11.2 Product Portfolio

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