2025-2034 Walnuts Market Evolution: Disruptions, Innovations, and Untapped Opportunities

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What Is the Expected CAGR for the Walnuts Market Through 2025?
Over the past few years, there has been a robust growth in the size of the walnuts market. It is forecasted to expand from a valuation of $7.66 billion in 2024 to around $8.15 billion in 2025, with a compound annual growth rate (CAGR) of 6.3%. Factors contributing to this growth during the historic phase include growing consumer consciousness of health and sustainability issues, the rising preference for plant-based protein sources, broadening of the walnut market. There has also been a shift in dietary patterns and higher levels of globalization.

What's the Projected Size of the Global Walnuts Market by 2029?
Anticipated robust expansion is foreseen in the walnuts market in the upcoming years. With a compound annual growth rate (CAGR) of 5.7%, it is predicted to reach a valuation of $10.18 billion by 2029. The potential growth in this sector during this projection phase can be credited to factors such as expected economic acceleration in developing countries, the enlargement of e-commerce frameworks, alterations in trade pacts and regulations, alongside an intensified focus on sustainability and ethically responsible sourcing methods. Key trends predicted for this forecast period incorporate inventive product offerings, sustainable methods in walnut harvesting, the adoption of restorative farming practices, health and wellness trends, along with diversifying product catalogs.

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Top Growth Drivers in the Walnuts Industry: What's Accelerating the Market?
The growing consciousness regarding healthful living is anticipated to drive the walnuts market. Healthful living involves practices and rituals focused on endorsing physical, psychological, and emotional health. The boost in cognizance concerning healthful living is attributed to increased access to data, escalated apprehensions regarding chronic ailments, and enhanced emphasis on preemptive health care tactics. Walnuts, laden with omega-3 fats and antioxidants, foster cardiac health and palliate inflammation, hence making them a healthful element of comprehensive diets and plant-centered lifestyles. For instance, in May 2022, based on an internet-based poll involving 1,005 Americans aged between 18 and 80 carried out by the US-based non-profit organization, the International Food Information Council, 52% of respondents adhered to a particular diet or eating regimen, an increase from 39% in 2021. Furthermore, the prevalent diets or eating routines include eating clean (16%), mindful consumption (14%), counting calories (13%), and plant-centered consumption (12%). Thus, the escalating consciousness around healthful living fuels the walnuts market's expansion.

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What Are the Key Trends Driving Walnuts Market Growth?
Significant market players in the walnuts industry are concentrating their efforts on creating walnut-based protein supplements like Black Walnut Protein Powder, in an effort to cater to the growing demand for healthy and environmentally-friendly food options. The Black Walnut Protein Powder is a top-notch supplement manufactured from black walnuts that are wild-grown, sustainably harvested, and processed from North American native trees. For example, in January 2023, Surthrival Ltd., a company based in the USA that provides food substances aimed at regeneration, introduced the Black Walnut Protein Powder, which is a protein powder derived from wild foraged plants. The Black Walnut Protein Powder is created via a carbon dioxide extraction method, thereby ensuring its absolute purity and superior quality by preventing contact with pesticides, herbicides, or fertilizers.

What Are the Main Segments in the Walnuts Market?
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 Top Companies are Driving Growth in the Walnuts Market?
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 Will Dominate the Walnuts Market Through 2029?
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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