Global Walnut Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

“Global Walnut Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global walnut market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global walnut market report has been segmented on the basis of category, form, product type, nature, end use industry, and region.

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Introduction:

Walnut is a health nut which is produced from the tree of the genus Juglans (Family Juglandaceae), particularly the Persian or English walnut, Juglans regia. Walnut is used in making of nut pickle or after ripening for its nutmeat. Walnut is used for food after processing as this nut is nutrient-dense with proteins and essential fatty-acids.

Market Dynamics:

Increasing inclination of the consumers towards maintaining a healthy lifestyle has led to an increase in consumption of healthy food products and food ingredients is the major factor expected to drive growth of the global walnut market. In addition, increasing per capita consumption of walnuts coupled with rising demand for convenience food, innovation in packaging, and expanding population willing to pay a premium for healthy fruits are some other factors expected to drive growth of the global walnut market. Furthermore, growing demand from cosmetic industry is expected to drive revenue growth of market. However, lack of vertical integration in the manufacturers is major factor expected to restraint growth of the global walnut market. In addition, high cost of these walnuts, which is expected to hamper growth of the walnut market.

Trends:

Major manufacturers are focusing on collaborating with local players in order to form strong retailer chain and effective distribution channel is a major trend observed in the global walnut market, currently.

Regional Analysis:

Asia Pacific market is estimated to account for highest revenue share in the global walnut market over the forecast period, owing to increase in the per capita consumption of walnuts in countries in the region. North America market is expected to account for the second-highest revenue share in the global walnut market, due to awareness among consumers regarding the health benefits of edible nuts, including walnuts in the countries in the region. The market in Europe is projected to register fastest growth rate in terms of revenue due to increasing walnut demand and usage in various industrial sectors like food, pharmaceuticals, personal care and cosmetics in the countries in the region. Moreover, the markets in Latin America and Middle East & Africa are expected to register moderate growth rate over the forecast period. Revenue from the market in Middle East & Africa is projected to register a CAGR of X.X% in the global walnut market over the forecast period.

Global walnut market segmentation:

By category:

• In shell
• Shelled

By form:

• Raw
• Processed

By product type:

• Black Walnuts
• English Walnuts

By nature:

• Organic
• Conventional

By End-use Industry:

• Household
• Industrial
• Food Industry
• Snacks and Spreads
• Sauces and Dressings
• Bakery and Confectionary
• Desserts
• Personal Care and Cosmetics
• Pharmaceuticals

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa