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Walnut Market Report by Type, Product, Nature, Form, End Use, and Region 2024-2032

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    Report

  • 137 Pages
  • April 2024
  • Region: Global
  • IMARC Group
  • ID: 5769293
Description Jump to:
The global walnut market size reached US$ 8.4 Billion in 2023. Looking forward, the market is projected to reach US$ 12.4 Billion by 2032, exhibiting a growth rate (CAGR) of 4.42% during 2023-2032.

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

This report 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 levels from 2024-2032. The 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 2023?
2. What is the expected growth rate of the global walnut market during 2024-2032?
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

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
List of Figures
Figure 1: Global: Walnut Market: Major Drivers and Challenges
Figure 2: Global: Walnut Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Walnut Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Walnut Market: Breakup by Type (in %), 2023
Figure 5: Global: Walnut Market: Breakup by Product (in %), 2023
Figure 6: Global: Walnut Market: Breakup by Nature (in %), 2023
Figure 7: Global: Walnut Market: Breakup by Form (in %), 2023
Figure 8: Global: Walnut Market: Breakup by End Use (in %), 2023
Figure 9: Global: Walnut Market: Breakup by Region (in %), 2023
Figure 10: Global: Walnut (In-shell) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Walnut (In-shell) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Walnut (Shelled) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Walnut (Shelled) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Walnut (Persian or English Walnut) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Walnut (Persian or English Walnut) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Walnut (Black Walnut) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Walnut (Black Walnut) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Walnut (Organic) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Walnut (Organic) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Walnut (Conventional) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Walnut (Conventional) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Walnut (Raw) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Walnut (Raw) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Walnut (Processed) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Walnut (Processed) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: Walnut (Household) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Walnut (Household) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: Walnut (Industrial) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: Walnut (Industrial) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: Global: Walnut (Personal Care and Cosmetics) Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: Global: Walnut (Personal Care and Cosmetics) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Global: Walnut (Other End Uses) Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Global: Walnut (Other End Uses) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: North America: Walnut Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: North America: Walnut Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: United States: Walnut Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: United States: Walnut Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Canada: Walnut Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Canada: Walnut Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Asia-Pacific: Walnut Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Asia-Pacific: Walnut Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: China: Walnut Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: China: Walnut Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: Japan: Walnut Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: Japan: Walnut Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: India: Walnut Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: India: Walnut Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: South Korea: Walnut Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: South Korea: Walnut Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Australia: Walnut Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Australia: Walnut Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: Indonesia: Walnut Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: Indonesia: Walnut Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Others: Walnut Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Others: Walnut Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: Europe: Walnut Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: Europe: Walnut Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: Germany: Walnut Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: Germany: Walnut Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: France: Walnut Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: France: Walnut Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: United Kingdom: Walnut Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: United Kingdom: Walnut Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Italy: Walnut Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: Italy: Walnut Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Spain: Walnut Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Spain: Walnut Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Russia: Walnut Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Russia: Walnut Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Others: Walnut Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: Others: Walnut Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: Latin America: Walnut Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: Latin America: Walnut Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: Brazil: Walnut Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: Brazil: Walnut Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: Mexico: Walnut Market: Sales Value (in Million US$), 2018 & 2023
Figure 77: Mexico: Walnut Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 78: Others: Walnut Market: Sales Value (in Million US$), 2018 & 2023
Figure 79: Others: Walnut Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 80: Middle East and Africa: Walnut Market: Sales Value (in Million US$), 2018 & 2023
Figure 81: Middle East and Africa: Walnut Market: Breakup by Country (in %), 2023
Figure 82: Middle East and Africa: Walnut Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 83: Global: Walnut Industry: SWOT Analysis
Figure 84: Global: Walnut Industry: Value Chain Analysis
Figure 85: Global: Walnut Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Walnut Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Walnut Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Walnut Market Forecast: Breakup by Product (in Million US$), 2024-2032
Table 4: Global: Walnut Market Forecast: Breakup by Nature (in Million US$), 2024-2032
Table 5: Global: Walnut Market Forecast: Breakup by Form (in Million US$), 2024-2032
Table 6: Global: Walnut Market Forecast: Breakup by End Use (in Million US$), 2024-2032
Table 7: Global: Walnut Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 8: Global: Walnut Market: Competitive Structure
Table 9: Global: Walnut Market: Key Players

Companies Mentioned

  • 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
  • Poindexter Nut Company.

Methodology

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Table Information

Report AttributeDetails
No. of Pages137
PublishedApril 2024
Forecast Period2023 - 2032
Estimated Market Value ( USD ) in 2023 $ 8.4 Billion
Forecasted Market Value ( USD ) by 2032 $ 12.4 Billion
Compound Annual Growth Rate4.4%
Regions CoveredGlobal
No. of Companies Mentioned11

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About the Walnut Market

The walnut market is a segment of the larger nuts, seeds and dried fruit industry. Walnuts are a popular snack food and are used in a variety of recipes, from salads to desserts. They are also a source of healthy fats, protein, and fiber. Walnuts are available in a variety of forms, including shelled, unshelled, chopped, and ground. They can be purchased in bulk or in smaller packages. Walnuts are grown in many parts of the world, including the United States, China, India, and Turkey. The United States is the largest producer of walnuts, followed by China and India. Walnuts are also exported to many countries, including the United Kingdom, Canada, and Australia. The walnut market is highly competitive, with many companies offering a variety of products. Some of the major players in the market include Diamond Foods, Blue Diamond Growers, Paramount Farms, and Sun-Maid Growers of California. Other companies in the market include Planters, Wonderful Pistachios, and Sahale Snacks. Show Less Read more

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