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Walnut Market – Latest Advancement And Industry Analysis
Walnuts are round, one-seeded drupes of the walnut tree. They ripen from September to November in the Northern Hemisphere. The brown, wrinkled shell of the walnut is surrounded by bark. Commercially available walnut shells usually have two segments (but three- or four-segment shells can also occur). During cooking, the skin becomes brittle and the crust becomes hard. The shell surrounds the core or pulp, which is usually divided into two halves separated by a membranous septum. The kernels of the seeds (usually available as shelled walnuts) are surrounded by a brown seed coat that contains antioxidants.
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Description
Walnut Market Synopsis
Walnut Market Size Was Valued at USD 9.97 Billion in 2024, and is Projected to Reach USD 25.50 Billion by 2032, Growing at a CAGR of 13% From 2025-2032.
The walnut market is one of the markets where products that are involved in the production of walnuts as well as the trading of walnuts are sold; walnuts are nuts that are part of the tree family known as Juglandaceae; and are widely used as food & beverages, in the manufacture of pharmaceuticals, personal care & cosmetics, and in manufacturing of household products. The market primarily includes two types: the black ones and the English ones because they are believed to taste differently, contain other nutrients, and can be used differently. Market for walnut products is still young, because the market for such healthy products is still evolving.the tree family Juglandaceae; and are widely used in the food & beverages, pharmaceuticals, personal care & cosmetics, and in household products. The market primarily includes two types: black walnuts and English walnuts which are both known to have different flavors, nutrients, and uses.
Market for walnut products is still evolving due to development in market for healthy consumption of such products. In enhance to this, antioxidants, omega 3 fatty acids and other essential nutrients are shed with the walnuts making them a most popular nut for the health conscious customers. Increasing consumer demand for nuts as in-shell snacks, use of nuts as an ingredient in various food and bakery items including confectionery and dairy products defines the market. This search for energy-yielding meals, chemically rich diet and superfoods has further lengthened the world’s demand for walnuts especially in food manufacturing as producers note the new trend of preference to better health consciousness. In addition to this, the growing application of walnuts in cosmetic and personal care products due to multiple skin benefits also hold the growth opportunity for the market.• Currently, this market competition is relatively intense, but the main manufacturers are gradually enhancing independent innovation investment, constantly developing and enhancing product differentiation and expanding the supply chain to grasp development opportunities.t primarily includes two types: black walnuts and English walnuts which are both known to have different flavors, nutrients, and uses.
Walnut Market Trend Analysis
Walnut Market Growth Drivers- Growing Demand for Plant-Based Diets
Introduction of plant based diets have greatly impacted the walnut market by placing walnuts as a staple product in vegan and vegetarian diets. Due to the growing preference for plant proteins among consumers walnut has become part of consumer’s diet more than it was before in a bid to do away with animal meats and products. Walnuts are utilized in plant-based meat analogs, dairy-free margarines, and in vegan deserts, and they complement perfectly well the requirements of a new category of conscious customers.
This trend is further supported more aggressively by the expansion of plant food products in conventional grocery stores, which makes nuts more popular among communities. This opportunity is being exploited to the letter because manufacturers are introducing new and unique walnut products that adapt to modern consumer’s dietary needs and wants in terms of health, nutrition, and sustainability. Therefore, to be entitled to the status within the new concept of foods identified with constructing tissues, walnuts’ consumption should grow together with the shift to plant-based diets.
Walnut Market Opportunities- Expansion in the Personal Care & Cosmetics Sector
A very rich prospect for walnuts is in personal care and cosmetics as this region is on the rise in its confectionery consumption. It can be used in cosmetics for the face and hair, entrusted to the care of which help to strengthen the skin and hair, and make them more beautiful and healthy – walnuts are rich in antioxidants, vitamin E, and essential fatty acids. Out of all the walnut’s by-products, the oil is quickly rising to fame due to hydrating and anti-aging effects, whilst enhancing skin’s tone and elasticity.
In light of the above trends of more demand for natural and organic beauty products in the market, walnuts provide a natural ingredient to the cosmetics industry. Business entities are eyeing opportunities in the possibility of exploiting walnut-based ingredients to come up with unique formulations that withstand clean beauty markets. This opportunity is likely to enhance the market for as brands seize the chance within the versatile functional values of walnuts to meet the increasing global concern of green and organic beauty products.
Walnut Market Segment Analysis:
Walnut Market Segmented based on Product Type , Nature ,Category,End User and Form.
By Product Type, Black walnut segment is expected to dominate the market during the forecast period
The walnut market is majorly divided based on black walnut and English/walnut. Black walnuts are characterized by their sharp rich taste and are mainly used in high-end products, and special delicacies. English walnut is more popular than other types being grown commercially and used in food preparation due to their bland taste and ability to be used in many recipes. English walnuts are preferred more as ready-to-consume products because of the optimized shell thickness, easy cracking and better taste appealing to the wider market.
Although black walnut has a limited market in the food industry especially in the Walnuts of Distinction market, English walnut today remains dominant in terms of production and consumption. Currently, attempts are being made to upgrade black walnut farming by better techniques in agriculture and planned breeding, which may again bring the ratio of these two product types to proper percent in future.
By Application , Food & beverages segment held the largest share in 2024
The global segmentations based on end use of walnut reveal the versatile uses of the nut. In bakery products, snacks, salads and dairy alternatives, walnuts are mostly used as ingredients in the food and beverages sector due to their nutritional benefits. The pharmaceutical industry uses walnuts for healthy supplements in diet as it has beneficial effects on heart and brain.
This segment has also incorporated walnuts and particularly the walnut oil due to the benefits that it has on skins as wells as hair. Furthermore, walnuts are now finding application in house hold uses including natural cleaners/polishes that contain walnut oil because of its naturally mild but effective cleaning capability. This wide application across these sectors gives market ample opportunities to grow and widen the application of this technology.
Walnut Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
North of America has taken a large portion of the global walnut share because of the increased production of walnuts in the United States, especially in California where most of the English walnut production occurs. The region has high levels of production with consistent technological practices in farming, efficient processing systems with an elaborate distribution channel, domestic and export market. In addition, North America have expanded the consumption of walnuts owing to the health consciousness trend whereby consumers are adding nuts to their diets.
Furthermore, the North American market dominates the global market because of constant advertising campaigns making walnuts the healthy nut to support consumer preference. Its existing guidelines involving the regulation of quality also create confidence in the safety and quality of the walnuts from this region hence making it competitive in the global market.
Active Key Players in the Walnut Market
California Walnut Commission (USA)
Hammons Products Company (USA)
Olam International (Singapore)
Borges Agricultural & Industrial Nuts (Spain)
Diamond Foods, Inc. (USA)
Royal Saffron Company (India)
Kashmir Walnut Group (India)
Meridian Foods (UK)
Poindexter Nut Company (USA)
Empire Nut Company (USA)
Others Active Players
Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter’s Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Walnut Market by Prodcut Type (2018-2032)
4.1 Walnut Market Snapshot and Growth Engine
4.2 Market Overview
4.3 Black walnuts
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
4.3.3 Key Market Trends, Growth Factors, and Opportunities
4.3.4 Geographic Segmentation Analysis
4.4 English walnuts
Chapter 5: Walnut Market by Nature (2018-2032)
5.1 Walnut Market Snapshot and Growth Engine
5.2 Market Overview
5.3 Organic
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
5.3.3 Key Market Trends, Growth Factors, and Opportunities
5.3.4 Geographic Segmentation Analysis
5.4 Conventional
Chapter 6: Walnut Market by Category (2018-2032)
6.1 Walnut Market Snapshot and Growth Engine
6.2 Market Overview
6.3 In Shell Walnuts
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
6.3.3 Key Market Trends, Growth Factors, and Opportunities
6.3.4 Geographic Segmentation Analysis
6.4 Shelled Walnuts
Chapter 7: Walnut Market by End Use (2018-2032)
7.1 Walnut Market Snapshot and Growth Engine
7.2 Market Overview
7.3 Food & beverages
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
7.3.3 Key Market Trends, Growth Factors, and Opportunities
7.3.4 Geographic Segmentation Analysis
7.4 Pharmaceuticals
7.5 Personal Care & Cosmetics
7.6 Household
Chapter 8: Walnut Market by Form (2018-2032)
8.1 Walnut Market Snapshot and Growth Engine
8.2 Market Overview
8.3 Raw
8.3.1 Introduction and Market Overview
8.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
8.3.3 Key Market Trends, Growth Factors, and Opportunities
8.3.4 Geographic Segmentation Analysis
8.4 Processed
Chapter 9: Company Profiles and Competitive Analysis
9.1 Competitive Landscape
9.1.1 Competitive Benchmarking
9.1.2 Walnut Market Share by Manufacturer (2024)
9.1.3 Industry BCG Matrix
9.1.4 Heat Map Analysis
9.1.5 Mergers and Acquisitions
9.2 CALIFORNIA WALNUT COMMISSION (USA)
9.2.1 Company Overview
9.2.2 Key Executives
9.2.3 Company Snapshot
9.2.4 Role of the Company in the Market
9.2.5 Sustainability and Social Responsibility
9.2.6 Operating Business Segments
9.2.7 Product Portfolio
9.2.8 Business Performance
9.2.9 Key Strategic Moves and Recent Developments
9.2.10 SWOT Analysis
9.3 HAMMONS PRODUCTS COMPANY (USA)
9.4 OLAM INTERNATIONAL (SINGAPORE)
9.5 BORGES AGRICULTURAL & INDUSTRIAL NUTS (SPAIN)
9.6 DIAMOND FOODS INC. (USA)
9.7 ROYAL SAFFRON COMPANY (INDIA)
9.8 KASHMIR WALNUT GROUP (INDIA)
9.9 MERIDIAN FOODS (UK)
9.10 POINDEXTER NUT COMPANY (USA)
9.11 EMPIRE NUT COMPANY (USA)
9.12 OTHERS KEY PLAYER
Chapter 10: Global Walnut Market By Region
10.1 Overview
10.2. North America Walnut Market
10.2.1 Key Market Trends, Growth Factors and Opportunities
10.2.2 Top Key Companies
10.2.3 Historic and Forecasted Market Size by Segments
10.2.4 Historic and Forecasted Market Size by Prodcut Type
10.2.4.1 Black walnuts
10.2.4.2 English walnuts
10.2.5 Historic and Forecasted Market Size by Nature
10.2.5.1 Organic
10.2.5.2 Conventional
10.2.6 Historic and Forecasted Market Size by Category
10.2.6.1 In Shell Walnuts
10.2.6.2 Shelled Walnuts
10.2.7 Historic and Forecasted Market Size by End Use
10.2.7.1 Food & beverages
10.2.7.2 Pharmaceuticals
10.2.7.3 Personal Care & Cosmetics
10.2.7.4 Household
10.2.8 Historic and Forecasted Market Size by Form
10.2.8.1 Raw
10.2.8.2 Processed
10.2.9 Historic and Forecast Market Size by Country
10.2.9.1 US
10.2.9.2 Canada
10.2.9.3 Mexico
10.3. Eastern Europe Walnut Market
10.3.1 Key Market Trends, Growth Factors and Opportunities
10.3.2 Top Key Companies
10.3.3 Historic and Forecasted Market Size by Segments
10.3.4 Historic and Forecasted Market Size by Prodcut Type
10.3.4.1 Black walnuts
10.3.4.2 English walnuts
10.3.5 Historic and Forecasted Market Size by Nature
10.3.5.1 Organic
10.3.5.2 Conventional
10.3.6 Historic and Forecasted Market Size by Category
10.3.6.1 In Shell Walnuts
10.3.6.2 Shelled Walnuts
10.3.7 Historic and Forecasted Market Size by End Use
10.3.7.1 Food & beverages
10.3.7.2 Pharmaceuticals
10.3.7.3 Personal Care & Cosmetics
10.3.7.4 Household
10.3.8 Historic and Forecasted Market Size by Form
10.3.8.1 Raw
10.3.8.2 Processed
10.3.9 Historic and Forecast Market Size by Country
10.3.9.1 Russia
10.3.9.2 Bulgaria
10.3.9.3 The Czech Republic
10.3.9.4 Hungary
10.3.9.5 Poland
10.3.9.6 Romania
10.3.9.7 Rest of Eastern Europe
10.4. Western Europe Walnut Market
10.4.1 Key Market Trends, Growth Factors and Opportunities
10.4.2 Top Key Companies
10.4.3 Historic and Forecasted Market Size by Segments
10.4.4 Historic and Forecasted Market Size by Prodcut Type
10.4.4.1 Black walnuts
10.4.4.2 English walnuts
10.4.5 Historic and Forecasted Market Size by Nature
10.4.5.1 Organic
10.4.5.2 Conventional
10.4.6 Historic and Forecasted Market Size by Category
10.4.6.1 In Shell Walnuts
10.4.6.2 Shelled Walnuts
10.4.7 Historic and Forecasted Market Size by End Use
10.4.7.1 Food & beverages
10.4.7.2 Pharmaceuticals
10.4.7.3 Personal Care & Cosmetics
10.4.7.4 Household
10.4.8 Historic and Forecasted Market Size by Form
10.4.8.1 Raw
10.4.8.2 Processed
10.4.9 Historic and Forecast Market Size by Country
10.4.9.1 Germany
10.4.9.2 UK
10.4.9.3 France
10.4.9.4 The Netherlands
10.4.9.5 Italy
10.4.9.6 Spain
10.4.9.7 Rest of Western Europe
10.5. Asia Pacific Walnut Market
10.5.1 Key Market Trends, Growth Factors and Opportunities
10.5.2 Top Key Companies
10.5.3 Historic and Forecasted Market Size by Segments
10.5.4 Historic and Forecasted Market Size by Prodcut Type
10.5.4.1 Black walnuts
10.5.4.2 English walnuts
10.5.5 Historic and Forecasted Market Size by Nature
10.5.5.1 Organic
10.5.5.2 Conventional
10.5.6 Historic and Forecasted Market Size by Category
10.5.6.1 In Shell Walnuts
10.5.6.2 Shelled Walnuts
10.5.7 Historic and Forecasted Market Size by End Use
10.5.7.1 Food & beverages
10.5.7.2 Pharmaceuticals
10.5.7.3 Personal Care & Cosmetics
10.5.7.4 Household
10.5.8 Historic and Forecasted Market Size by Form
10.5.8.1 Raw
10.5.8.2 Processed
10.5.9 Historic and Forecast Market Size by Country
10.5.9.1 China
10.5.9.2 India
10.5.9.3 Japan
10.5.9.4 South Korea
10.5.9.5 Malaysia
10.5.9.6 Thailand
10.5.9.7 Vietnam
10.5.9.8 The Philippines
10.5.9.9 Australia
10.5.9.10 New Zealand
10.5.9.11 Rest of APAC
10.6. Middle East & Africa Walnut Market
10.6.1 Key Market Trends, Growth Factors and Opportunities
10.6.2 Top Key Companies
10.6.3 Historic and Forecasted Market Size by Segments
10.6.4 Historic and Forecasted Market Size by Prodcut Type
10.6.4.1 Black walnuts
10.6.4.2 English walnuts
10.6.5 Historic and Forecasted Market Size by Nature
10.6.5.1 Organic
10.6.5.2 Conventional
10.6.6 Historic and Forecasted Market Size by Category
10.6.6.1 In Shell Walnuts
10.6.6.2 Shelled Walnuts
10.6.7 Historic and Forecasted Market Size by End Use
10.6.7.1 Food & beverages
10.6.7.2 Pharmaceuticals
10.6.7.3 Personal Care & Cosmetics
10.6.7.4 Household
10.6.8 Historic and Forecasted Market Size by Form
10.6.8.1 Raw
10.6.8.2 Processed
10.6.9 Historic and Forecast Market Size by Country
10.6.9.1 Turkiye
10.6.9.2 Bahrain
10.6.9.3 Kuwait
10.6.9.4 Saudi Arabia
10.6.9.5 Qatar
10.6.9.6 UAE
10.6.9.7 Israel
10.6.9.8 South Africa
10.7. South America Walnut Market
10.7.1 Key Market Trends, Growth Factors and Opportunities
10.7.2 Top Key Companies
10.7.3 Historic and Forecasted Market Size by Segments
10.7.4 Historic and Forecasted Market Size by Prodcut Type
10.7.4.1 Black walnuts
10.7.4.2 English walnuts
10.7.5 Historic and Forecasted Market Size by Nature
10.7.5.1 Organic
10.7.5.2 Conventional
10.7.6 Historic and Forecasted Market Size by Category
10.7.6.1 In Shell Walnuts
10.7.6.2 Shelled Walnuts
10.7.7 Historic and Forecasted Market Size by End Use
10.7.7.1 Food & beverages
10.7.7.2 Pharmaceuticals
10.7.7.3 Personal Care & Cosmetics
10.7.7.4 Household
10.7.8 Historic and Forecasted Market Size by Form
10.7.8.1 Raw
10.7.8.2 Processed
10.7.9 Historic and Forecast Market Size by Country
10.7.9.1 Brazil
10.7.9.2 Argentina
10.7.9.3 Rest of SA
Chapter 11 Analyst Viewpoint and Conclusion
11.1 Recommendations and Concluding Analysis
11.2 Potential Market Strategies
Chapter 12 Research Methodology
12.1 Research Process
12.2 Primary Research
12.3 Secondary Research
Q1: What would be the forecast period in the Walnut Market research report?
A1: The forecast period in the Walnut Market research report is 2025-2032.
Q2: Who are the key players in the Walnut Market?
A2: California Walnut Commission (USA),Hammons Products Company (USA),Olam International (Singapore),Borges Agricultural & Industrial Nuts (Spain),Diamond Foods, Inc. (USA),Royal Saffron Company (India),Kashmir Walnut Group (India),and Other Active Players.
Q3: What are the segments of the Walnut Market?
A3: The Walnut Market is segmented into Product Type, By Form, Category, End-User, and Regions) By Product Type (Black Walnut, English Walnut), By Form (Raw, Processed), By Category (Shelled, In-Shell), by End- User (Household, Industrial, Food Industry, Snacks and Spreads, Sauces and Dressings, Bakery And Confectionary, Desserts, Personal Care And Cosmetics, And Pharmaceuticals) and by region. By region, it is analyzed across • North America (U.S., Canada, Mexico) • Eastern Europe (Russia, Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe) • Western Europe (Germany, UK, France, The Netherlands, Italy, Spain, Rest of Western Europe) • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC) • Middle East & Africa (Türkiye, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa) • South America (Brazil, Argentina, Rest of SA)
Q4: What is the Walnut Market?
A4: The walnut market is one that deals with the production of, and trading in walnuts, which are a nut that belongs to the tree family Juglandaceae; and are widely used in the food & beverages, pharmaceuticals, personal care & cosmetics, and in household products. The market primarily includes two types: black walnuts and English walnuts which are both known to have different flavors, nutrients, and uses.
Q5: How big is the Walnut Market?
A5: Walnut Market Size Was Valued at USD 9.97 Billion in 2024, and is Projected to Reach USD 25.50 Billion by 2032, Growing at a CAGR of 13% From 2025-2032.
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