Steady Expansion Forecast for Walnuts Market, Projected to Reach $10.13 Billion by 2029

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Walnuts Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The expansion of the walnuts market size has been significant in the past few years. It is projected to ascend from $7.66 billion in 2024 to $8.13 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.0%. The factors contributing to this growth in the previous times include heightened awareness among consumers about wellbeing and sustainability, growing fondness for plant-based protein, broadening of the walnut market, shifts in eating habits, and intensified globalization.

Walnuts Market Size Forecast: What's the Projected Valuation by 2029?
The market for walnuts is slated to witness robust expansion in the upcoming years, estimated to reach a colossal $10.13 billion by the year 2029, with a compound annual growth rate (CAGR) of 5.7%. The strong growth during the predicted period can be credited to factors such as the anticipated advancement of economies in developing countries, development in online commerce frameworks, modifications in trade policies and legislation, and a heightened focus on sustainable and ethically responsible sourcing tactics. Key trends set to define the forecast period are the emergence of inventive products, sustainable methods of walnut cultivation, the rise in regenerative farming practices, a surge in health and wellness trends, and broadening product ranges.

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What Are the Drivers Transforming the Walnuts Market?
The growing consciousness towards healthy ways of living is anticipated to boost the walnuts market in the future. A wholesome lifestyle implies a method of existence that integrates certain habits and practices designed to uphold physical, mental, and emotional health. This heightened consciousness about healthy lifestyles stems from enhanced access to knowledge, escalated concerns about persistent illnesses, and an increased focus on preventative healthcare steps. Walnuts, boasting a rich content of omega-3 fatty acids and antioxidants, are known to foster cardiac health and diminish inflammation, making them a sound supplement to balanced nutrition and plant-focused lifestyles. For instance, an online survey conducted in May 2022 by the International Food Information Council, a non-profit organization in the US, found that out of 1,005 Americans aged 18 to 80, 52% adhered to a specific diet or eating regimen, which saw an increase from 39% in 2021. Moreover, the most prevalent diets or eating habits included clean eating (16%), mindful eating (14%), calorie counting (13%), and plant-based eating (12%). Therefore, the augmented consciousness surrounding healthy lifestyles is encouraging the growth of the walnuts market.

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What Long-Term Trends Will Define the Future of the Walnuts Market?
In the walnuts market, key players are shifting their emphasis towards the production of walnut-based protein additions like Black Walnut Protein Powder to cater to the growing consumer preference for healthful and eco-friendly food options. The Black Walnut Protein Powder, an upscale supplement, is derived from black walnuts that are naturally grown, sustainably collected, and processed from the indigenous trees of North America. For example, in January 2023, Surthrival Ltd., a US enterprise offering regenerative food products, introduced the Black Walnut Protein Powder, a plant-based protein powder collected from the wild. A carbon dioxide extraction technique is applied during the production of Black Walnut Protein Powder avoiding contamination from pesticides, herbicides, or fertilizers, ensuring its purity and top quality.

Which Segments in the Walnuts Market Offer the Most Profit Potential?
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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Which Firms Dominate the Walnuts Market by Market Share and Revenue in 2025?
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

Which Regions Offer the Highest Growth Potential in the Walnuts Market?
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.

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