Press release
Comprehensive Walnuts Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034
"What market dynamics are playing a key role in accelerating the growth of the walnuts market?The growth of the walnuts market is anticipated to be propelled by increasing knowledge about living a wholesome lifestyle. This refers to the lifestyle choices and behaviors focused on fostering physical, mental, and emotional health. The heightened understanding of living healthily arises from wider access to information, mounting worries regarding chronic illnesses, and an amplified focus on measures of preventive healthcare. Walnuts, replete with omega-3 fatty acids and antioxidants, are conducive to heart health and lowering inflammation, thereby making them a nutritious supplement to balanced diets and vegetative living standards. For example, a digital survey conducted in May 2022 by the US-based non-profit, the International Food Information Council, involving 1,005 American respondents aged 18 to 80, revealed that 52% adhered to a specific diet or eating regimen, a rise from the 39% in 2021. Additionally, clean eating (16%), mindful eating (14%), calorie counting (13%), and plant-based eating (12%) are the predominant diets or eating habits. Hence, the increasing realization about leading a healthy lifestyle acts as a catalyst for the expansion of the walnuts market.
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How will the growth rate of the walnuts market shape industry trends by 2034?
In the past few years, the walnuts market has seen a robust increase in its size. The market value is forecasted to rise from $7.66 billion in 2024 to $8.13 billion in 2025, with a compound annual growth rate (CAGR) of 6.0%. The substantial growth during the historic time frame is due to rising consumer knowledge about health and sustainability, the growing demand for plant-based protein, the expansion of the walnut market, shifts in dietary patterns, and heightened globalization.
The market size for walnuts is predicted to experience substantial expansion in the coming years. It is projected to escalate to a worth of $10.13 billion in 2029, with a compound annual growth rate (CAGR) of 5.7%. Several factors contribute to the growth forecasted for this period, such as prospective economic growth in developing markets, the surge of e-commerce platforms, modifications in trade pacts and laws, and a growing focus on sustainable and ethically sourced practices. The forecast period is also anticipated to witness certain trends like innovation in products, sustainability in the process of walnut harvesting, the adoption of restorative agricultural practices, trends in health and wellness, and the broadening of product portfolios.
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What trends are poised to drive the future success of the walnuts market?
A growing trend among leading businesses in the walnut industry is the creation of walnut-focused protein supplements like the Black Walnut Protein Powder, in response to the climbing demand for healthy and sustainable food alternatives. The Black Walnut Protein Powder is a high-grade supplement made from wild-grown, sustainably sourced and processed black walnuts native to North America. For example, Surthrival Ltd., an American company that supplies regenerative food substances, introduced the Black Walnut Protein Powder, a plant-based protein powder harvested from the wild, in January 2023. This product is created through a carbon dioxide extraction method which guarantees its purity and quality by steering clear of any contact with pesticides, herbicides, or fertilizers.
Which primary segments of the walnuts market are driving growth and industry transformations?
The walnuts market covered in this report is segmented -
1) By Product: Black Walnuts, English Walnuts
2) By Nature: Organic, Conventional
3) By Category: In Shell Walnuts, Shelled Walnuts
4) By End-User: Household, Industrial, Food Industry, Personal Care And Cosmetics, Pharmaceuticals
Subsegments:
1) By Black Walnuts: Whole Black Walnuts, Shelled Black Walnuts, Black Walnut Kernels
2) By English Walnuts: Whole English Walnuts, Shelled English Walnuts, Walnut Halves, Chopped English Walnuts
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Asia-Pacific was the largest region in the walnuts market in 2024. The regions covered in the walnuts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the walnuts market landscape?
Major companies operating in the walnuts market report are Olam Group; John B. Sanfilippo And Son Inc.; Borges International Group; Sierra Cascade Nut Company; Mariani Nut Company Inc.; Webster Limited; Poindexter Nut Company; Grower Direct Nut Co. Inc.; Morada Produce Co LP; Crain Walnut Shelling Inc.; Alpine Pacific Nut Company; Andersen and Sons Shelling Inc.; Mid Valley Nut Co Inc.; Agromillora Group; Sacramento Valley Walnut Growers LLC; Guerra Nut Shelling Company; Kashmir Walnut Group; Empire Nut Company LLC; Stewart And Jasper Orchards; Valley Harvest Nut Company; GoldRiver Orchards Inc.; Montna Farms
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What Is Covered In The Walnuts Global Market Report?
•Market Size Forecast: Examine the walnuts market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the walnuts market for a structured understanding.
•Key Players Overview: Analyze major players in the walnuts market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the walnuts market.
•Segment Contributions: Evaluate how different segments drive overall growth in the walnuts market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the walnuts market.
•Industry Challenges: Identify potential risks and obstacles affecting the walnuts market.
•Competitive Landscape: Review strategic developments in the walnuts market, including expansions, agreements, and new product launches.
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