The India walnut market is projected to exhibit a growth rate (CAGR) of 6.30% during 2023-2028. The growing awareness of health and wellness among Indian consumers, the expanding use of walnut oil in India's thriving cosmetics industry, and the rising shift towards sustainable and eco-friendly consumption represent some of the key factors driving the market.
Walnut is a nutrient-rich nut known for its flavorful taste and health-promoting characteristics. It originates from the tree of the genus Juglans, which belongs to the family Juglandaceae. The tree produces a hard-shelled nut enveloped within a green husk: the walnut. This nut is recognized globally for its high nutritional value, with a rich profile of proteins, healthy fats, fiber, vitamins, and minerals. Additionally, it is a key ingredient in various culinary dishes and is also consumed in its raw form as a healthy snack. Its oil, obtained by pressing walnuts, is widely used for cooking, cosmetics, and medicinal purposes. Moreover, the wood of the walnut tree has an esteemed place in furniture manufacturing due to its superior quality and rich, dark color. From a business standpoint, the walnut represents a high-value commodity that integrates several sectors, including food and beverage, cosmetics, healthcare, and woodworking industries.
India Walnut Market Trends:
In recent years, the India walnut market has seen significant growth, fueled by the escalating awareness of health and wellness among Indian consumers. This is leading to a rise in the consumption of nutritious food products, including walnuts. These nuts, rich in antioxidants and omega-3 fats, align perfectly with the growing demand for functional foods that promote health and prevent diseases. Along with this, the culinary versatility of walnuts, used in a variety of Indian dishes, from sweets to savory, further enhances their popularity. Another major driver is the expanding use of walnut oil in India's thriving cosmetics industry. With its hydrating and anti-aging properties, walnut oil is gaining prominence in skincare and haircare products, bolstering the walnut market growth. The expanding woodworking industry also contributes to the market's expansion, as Indian walnut wood is highly prized for furniture making due to its durability and aesthetic appeal. Apart from this, organic and sustainably sourced walnuts are increasingly favored among the masses, matching the global shift towards sustainable and eco-friendly consumption. Several manufacturers are shifting towards organic farming practices and obtaining the necessary certifications to meet this demand, offering a competitive edge in the market. Moreover, advancements in walnut processing technologies and improvements in the supply chain, driven by digitalization and infrastructure development, are contributing to the market. This, coupled with the rising penetration of online retail, the widespread preference for purchasing grocery items online, and easy availability of walnut on online grocery platforms with quick delivery options is creating a positive market outlook.
India Walnut Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the India walnut market report, along with forecasts at the country level for 2023-2028. Our report has categorized the market based on type, product, nature, form, and end use.
The report has provided a detailed breakup and analysis of the market based on the type. This includes in-shell and shelled.
- Persian or English Walnut
- Black Walnut
A detailed breakup and analysis of the market based on the product have also been provided in the report. This includes Persian or English walnut and black walnut.
The report has provided a detailed breakup and analysis of the market based on the nature. This includes organic and conventional.
A detailed breakup and analysis of the market based on the form has also been provided in the report. This includes raw and processed.
End Use Insights:
- Personal Care and Cosmetics
The report has provided a detailed breakup and analysis of the market based on the end use. This includes household, industrial, personal care and cosmetics, and others.
- South India
- North India
- West & Central India
- East India
The report has also provided a comprehensive analysis of all the major regional markets, which include South India, North India, West & Central India, and East India.
The report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
India Walnut Market Report Coverage:
|Base Year of the Analysis
| Historical Period
|Scope of the Report
||Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- End Use
||Persian or English Walnut, Black Walnut
|End Uses Covered
||Household, Industrial, Personal Care and Cosmetics, Others
||South India, North India, West & Central India, East India
||10% Free Customization
|Report Price and Purchase Option
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|Post-Sale Analyst Support
||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
Key Questions Answered in This Report:
- How has the India walnut market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the India walnut market?
- What is the breakup of the India walnut market on the basis of type?
- What is the breakup of the India walnut market on the basis of product?
- What is the breakup of the India walnut market on the basis of nature?
- What is the breakup of the India walnut market on the basis of form?
- What is the breakup of the India walnut market on the basis of end use?
- What are the various stages in the value chain of the India walnut market?
- What are the key driving factors and challenges in the India walnut market?
- What is the structure of the India walnut market and who are the key players?
- What is the degree of competition in the India walnut market?
Key Benefits for Stakeholders:
- IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India walnut market from 2017-2028.
- The research study provides the latest information on the market drivers, challenges, and opportunities in the India walnut market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India walnut industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.