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Walnut Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global walnut market reached a value of US$ 7.53 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 10.24 Billion by 2027, exhibiting a CAGR of 5.10% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

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.

 

 
 

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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, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, product, nature, form and end use.

Breakup by Type:

  • In-shell
  • Shelled
     

Breakup by Product:

 

 
 

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  • 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:

 

 
 

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  • 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Product, Nature, Form, End Use, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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$), 2016-2021
Figure 3: Global: Walnut Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Walnut Market: Breakup by Type (in %), 2021
Figure 5: Global: Walnut Market: Breakup by Product (in %), 2021
Figure 6: Global: Walnut Market: Breakup by Nature (in %), 2021
Figure 7: Global: Walnut Market: Breakup by Form (in %), 2021
Figure 8: Global: Walnut Market: Breakup by End Use (in %), 2021
Figure 9: Global: Walnut Market: Breakup by Region (in %), 2021
Figure 10: Global: Walnut (In-shell) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Walnut (In-shell) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Walnut (Shelled) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Walnut (Shelled) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Walnut (Persian or English Walnut) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Walnut (Persian or English Walnut) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Walnut (Black Walnut) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Walnut (Black Walnut) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Walnut (Organic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Walnut (Organic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Walnut (Conventional) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Walnut (Conventional) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Walnut (Raw) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Walnut (Raw) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Walnut (Processed) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Walnut (Processed) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Walnut (Household) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Walnut (Household) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Walnut (Industrial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Walnut (Industrial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Walnut (Personal Care and Cosmetics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Walnut (Personal Care and Cosmetics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Walnut (Other End Uses) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Walnut (Other End Uses) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: North America: Walnut Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: North America: Walnut Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: United States: Walnut Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: United States: Walnut Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Canada: Walnut Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Canada: Walnut Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Asia-Pacific: Walnut Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Asia-Pacific: Walnut Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: China: Walnut Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: China: Walnut Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Japan: Walnut Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Japan: Walnut Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: India: Walnut Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: India: Walnut Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: South Korea: Walnut Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: South Korea: Walnut Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Australia: Walnut Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Australia: Walnut Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Indonesia: Walnut Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Indonesia: Walnut Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Others: Walnut Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Others: Walnut Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Europe: Walnut Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Europe: Walnut Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Germany: Walnut Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Germany: Walnut Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: France: Walnut Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: France: Walnut Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: United Kingdom: Walnut Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: United Kingdom: Walnut Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Italy: Walnut Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Italy: Walnut Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Spain: Walnut Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Spain: Walnut Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Russia: Walnut Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Russia: Walnut Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Others: Walnut Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Others: Walnut Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Latin America: Walnut Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Latin America: Walnut Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Brazil: Walnut Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Brazil: Walnut Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Mexico: Walnut Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Mexico: Walnut Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Others: Walnut Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Others: Walnut Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Middle East and Africa: Walnut Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Middle East and Africa: Walnut Market: Breakup by Country (in %), 2021
Figure 82: Middle East and Africa: Walnut Market Forecast: Sales Value (in Million US$), 2022-2027
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, 2021 and 2027
Table 2: Global: Walnut Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Walnut Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 4: Global: Walnut Market Forecast: Breakup by Nature (in Million US$), 2022-2027
Table 5: Global: Walnut Market Forecast: Breakup by Form (in Million US$), 2022-2027
Table 6: Global: Walnut Market Forecast: Breakup by End Use (in Million US$), 2022-2027
Table 7: Global: Walnut Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 8: Global: Walnut Market: Competitive Structure
Table 9: Global: Walnut Market: Key Players


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Key Questions Answered in This Report

The global walnut market was valued at US$ 7.53 Billion in 2021.

We expect the global walnut market to exhibit a CAGR of 5.10% during 2022-2027.

 

The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of walnuts.

The rising consumer awareness towards numerous associated health benefits of walnuts, such as improving bone and brain health, preventing cardiovascular disorders and cancer, minimizing the risk of gallbladder disease, is primarily driving the global walnut market.

Based on the type, the global walnut market has been segmented into in-shell and shelled, where in-shell currently holds the majority of the total market share.

Based on the product, the global walnut market can be divided into Persian or English walnut and black walnut. Currently, Persian or English walnut exhibits a clear dominance in the market.

Based on the nature, the global walnut market has been categorized into organic and conventional, where conventional currently accounts for the majority of the global market share.

Based on the form, the global walnut market can be segregated into raw and processed. Currently, raw holds the largest market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.

 

Some of the major players in the global walnut market include 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.

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