Global Walnut Market 2024-2028
The walnut market is forecasted to grow by USD 2777.2 mn during 2023-2028, accelerating at a CAGR of 5.97% during the forecast period. The report on the walnut market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising popularity of vegan Snacks among millennials, rising awareness about health benefits of walnuts, and rising demand for convenience foods.
Technavio's walnut market is segmented as below:
By Distribution Channel
By Type
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the increase in use of walnut oil in cosmetics industry as one of the prime reasons driving the walnut market growth during the next few years. Also, increasing focus on organic and sustainable walnut production and expanding walnut market in emerging economies will lead to sizable demand in the market.
The report on the walnut market covers the following areas:
- Walnut market sizing
- Walnut market forecast
- Walnut market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading walnut market vendors that include AGROMILLORA CATALANA SAU, Alpine Pacific Nut Co., Andersen and Sons Shelling Inc., Borges International Group SLU, California Walnuts, Campbell Soup Co., Crain Walnut Shelling LP, Empire Nut Co. LLC, GoldRiver Orchards Inc., Grower Direct Nut Co., Guerra Nut Shelling Co., Haleakala Walnut Shelling Inc., KASHMIR WALNUT GROUP, Mariani Nut Co., Mid Valley Nut Co., Morada Produce Co., Plantabul Ltd., Poindexter Nut Co., Royal Saffron Co., and Stahmann webster. Also, the walnut market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.