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Walnut Market Report by Type (In-shell, Shelled), Product (Persian or English Walnut, Black Walnut), Nature (Organic, Conventional), Form (Raw, Processed), End Use (Household, Industrial, Personal Care and Cosmetics, and Others), and Region 2024-2032

April 2024 | 137 pages | ID: W4A0EE343C24EN
IMARC Group

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The global walnut market size reached US$ 8.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 12.4 Billion by 2032, exhibiting a growth rate (CAGR) of 4.4% during 2024-2032.

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:
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 levels from 2024-2032. 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 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?
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 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

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


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