Walnut Market accounted for US$ 6532.0 million in 2020 and is estimated to be US$ 10079.4 million by 2030 and is anticipated to register a CAGR of 4.50%.

Published Date: March 2024

Walnut market is projected to grow from US$ 6532.0 billion in 2020 to US$ 10079.4 million by 2030. The increasing inclination of individuals towards a healthy lifestyle drives the walnut market. Further, the growing demand for eating walnuts globally, owing to their excellent properties such as antioxidant and anti-inflammatory, boosted the walnut market.

The report "Walnut Market, By Category (In Shell and Shelled), By Form (Raw and Processed), By Product Type (Black walnut and English Walnut), By Nature (Organic and Conventional), By End-Use Industry (Household, Industrial, Food Industry, Snacks and Spreads, Sauces and Dressings, Bakery and Confectionary, Desserts, Personal Care and Cosmetics, and Pharmaceuticals), and Region - Global Forecast to 2030". 

Key Market Insights from the report:          

The walnut market accounted for US$ 6532.0 billion in 2020 and is projected to register a moderate CAGR of 4.50% over the forecast period. The market report has been segmented based on category, form, product type, nature, end-use industry, and region.

  • By category the walnut market is categorized into a shell and shelled.
  •  By form, the walnut market is segmented into raw and processed.
  • The walnut market is bifurcated by product type into black walnut and English walnut.
  • By nature, the walnut market is categorized into organic and conventional.
  • By end-use industry, the walnut market is classified into the household, industrial, food industry, snacks and spreads, sauces and dressings, bakery and confectionary, desserts, personal care and cosmetics, and pharmaceuticals.
  • By region, the Asia Pacific walnut market is expected to account for a significant share in terms of revenue in the walnut market over the forecast period. This can be attributed to the rising consumption of walnut due to their health effect in countries such as India and China. The Europe walnut market is expected to account for the fastest-growing rate in terms of revenue in the walnut market over the forecast period.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on "Walnut Market , By Category (In Shell and Shelled), By Form (Raw and Processed), By Product Type (Black walnut and English Walnut), By Nature (Organic and Conventional), By End-Use Industry (Household, Industrial, Food Industry, Snacks and Spreads, Sauces and Dressings, Bakery and Confectionary, Desserts, Personal Care and Cosmetics, and Pharmaceuticals), and By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa)- forecast till 2030"

The prominent player operating in the walnut market include Alpine Pacific Nut Company, Grower Direct Nut Co., Inc., Guerra Nut Shelling Company, Poindexter Nut Company, Andersen and Sons Shelling, Inc, Webster Limited, Haleakala Walnut Shelling Inc., Morada Produce Co LP, Campbell Soup Company, and GoldRiver Orchards, Inc.

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