Global Walnut Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Category;
In shell and Shelled.By Form;
Raw and Processed.By Product Type;
Black Walnuts and English Walnuts.By Nature;
Organic and Conventional.By End-Use Industry;
Household, Industrial, Food Industry, Snacks and Spreads, Sauces and Dressings, Bakery and Confectionary, Desserts, Personal Care and Cosmetics, and Pharmaceuticals.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Walnut Market (USD Million), 2021 - 2031
In the year 2024, the Global Walnut Market was valued at USD 8,486.87 million. The size of this market is expected to increase to USD 11,708.20 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.7%.
The global walnut market is segmented into two primary categories: in-shell and shelled walnuts. In-shell walnuts, often preferred for their freshness and natural appeal, are widely consumed during festive seasons and used as gifts in many cultures. Their unprocessed nature provides a longer shelf life and is valued by consumers seeking minimally handled products. This category also appeals to those who enjoy the process of cracking open the shell as part of the eating experience.
Shelled walnuts, on the other hand, cater to convenience-driven consumers and the food processing industry. These walnuts are pre-processed and ready to use, making them a popular choice for households and commercial food manufacturers. They are extensively used in baking, confectionery, and cooking, as well as in the production of health-focused snacks and meal kits. The growing demand for on-the-go snacks and ready-to-eat products has significantly boosted the consumption of shelled walnuts.
The demand for both in-shell and shelled walnuts is influenced by regional preferences, cultural practices, and end-use applications. In-shell walnuts are more prominent in traditional markets and regions with high festive demand, while shelled walnuts dominate in urban areas and among health-conscious consumers. Both categories benefit from increasing awareness of the nutritional benefits of walnuts, with their unique applications ensuring steady demand across various segments.
Global Walnut Market Recent Developments
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In June 2023, The California Walnut Board entered into a partnership with leading U.K.-based brand Whitworths to install a free-standing display unit in 780 Tesco stores for 12 weeks featuring California walnuts on the top 2 shelves in 200g packs.
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In January 2022, Indian Ministry of Science and Technology announced tabling of a walnut cracking machine along with a walnut peeler, sorter, and washer for streamlining production of walnut, thereby reducing the trouble caused to people who are involved in processing of walnut. Walnut is produced in Jammu & Kashmir, Ladakh, Arunachal Pradesh, Sikkim, Uttarakhand, and Himachal Pradesh in India.
Segment Analysis
The global walnut market is divided into several categories that reflect the diverse consumer preferences and applications of walnuts. In-shell and shelled walnuts are the two primary forms available, with in-shell walnuts being favored for their freshness and longer shelf life. They appeal to consumers who prefer a more natural product and enjoy the process of cracking open the shell. Shelled walnuts, on the other hand, are more convenient and widely used in commercial applications, such as in packaged snacks, bakery items, and processed foods. These two categories cater to different needs, with shelled walnuts being more popular for ease of use in the food industry.
Further segmentation is seen in the walnut market with the distinction between raw and processed forms. Raw walnuts are often sought after by health-conscious consumers, as they are considered unaltered and retain their full nutritional value. Processed walnuts, which include roasted, salted, or flavored varieties, cater to the growing demand for tasty, ready-to-eat products. These processed options are particularly popular in the snack industry and among consumers seeking convenience. Additionally, the market is divided by product type into black walnuts and English walnuts. Black walnuts have a strong, earthy flavor and are typically used in niche, gourmet applications, while English walnuts, being milder and easier to shell, dominate the mainstream market and are used widely in both household and industrial food products.
The walnut market also sees segmentation by nature, with organic walnuts attracting consumers who prioritize sustainability and clean-label products, while conventional walnuts make up the bulk of the market due to their affordability and availability. End-use industries for walnuts are diverse, spanning from household consumption to industrial and food sector applications. Walnuts are commonly used in snacks and spreads, sauces and dressings, bakery and confectionery products, and desserts, with their healthy fat and nutrient profile making them a key ingredient in many recipes. Beyond food, walnuts are also utilized in personal care and cosmetics, where walnut oil is valued for its moisturizing properties, and in pharmaceuticals, where walnut extracts are incorporated into supplements for their health benefits. This wide range of applications reflects the increasing demand for walnuts across multiple industries and geographic regions.
Global Walnut Segment Analysis
In this report, the Global Walnut Market has been segmented by Category, Form, Product Type, Nature, End-Use Industry and Geography.
Global Walnut Market, Segmentation by Category
The Global Walnut Market has been segmented by Category into In shell and Shelled.
The global walnut market is segmented into two primary categories: in-shell and shelled walnuts. In-shell walnuts, often preferred for their freshness and natural appeal, are widely consumed during festive seasons and used as gifts in many cultures. Their unprocessed nature provides a longer shelf life and is valued by consumers seeking minimally handled products. This category also appeals to those who enjoy the process of cracking open the shell as part of the eating experience.
Shelled walnuts, on the other hand, cater to convenience-driven consumers and the food processing industry. These walnuts are pre-processed and ready to use, making them a popular choice for households and commercial food manufacturers. They are extensively used in baking, confectionery, and cooking, as well as in the production of health-focused snacks and meal kits. The growing demand for on-the-go snacks and ready-to-eat products has significantly boosted the consumption of shelled walnuts.
The demand for both in-shell and shelled walnuts is influenced by regional preferences, cultural practices, and end-use applications. In-shell walnuts are more prominent in traditional markets and regions with high festive demand, while shelled walnuts dominate in urban areas and among health-conscious consumers. Both categories benefit from increasing awareness of the nutritional benefits of walnuts, with their unique applications ensuring steady demand across various segments.
Global Walnut Market, Segmentation by Form
The Global Walnut Market has been segmented by Form into Raw and Processed.
The global walnut market can also be segmented by form into raw and processed walnuts. Raw walnuts are primarily consumed in their natural state, preserving their original flavor and nutritional value. This form is highly popular among health-conscious consumers who prefer unaltered, whole foods. Raw walnuts are often used as snacks or incorporated into homemade recipes, salads, and health mixes, offering versatility and ease of use.
Processed walnuts encompass a variety of products, including roasted, salted, flavored, and coated options. These products cater to consumers seeking enhanced taste and convenience, making them particularly popular in urban and fast-paced environments. Processed walnuts are also a key ingredient in a range of packaged foods, including granola bars, baked goods, and confectioneries, as well as in gourmet and artisanal products. The growing trend of premium and flavored nut products has further driven the demand for processed walnuts.
Both raw and processed walnuts play significant roles in meeting diverse consumer preferences and market demands. While raw walnuts appeal to individuals focused on health and wellness, processed walnuts address the needs of those prioritizing taste and convenience. The increasing awareness of walnuts' nutritional benefits and their incorporation into various culinary applications continue to drive growth in both segments.
Global Walnut Market, Segmentation by Product Type
The Global Walnut Market has been segmented by Product Type into Black Walnuts and English Walnuts.
The walnut market is segmented by product type into black walnuts and English walnuts, each offering distinct characteristics and applications. Black walnuts are known for their robust, earthy flavor and are often favored in specialty culinary applications. They are a rich source of protein and essential fatty acids, making them an appealing choice for health-focused consumers. Black walnuts are primarily harvested in the wild, contributing to their unique flavor profile and positioning as a premium product in niche markets.
English walnuts, also referred to as Persian walnuts, are the most commonly consumed type globally. They are prized for their mild, buttery flavor and are widely used in various food applications, including baking, confectionery, and snacking. English walnuts are easier to shell compared to black walnuts, which enhances their appeal for both direct consumption and industrial use. Their high omega-3 fatty acid content and versatile culinary uses have made them a staple in health-conscious diets.
The demand for black and English walnuts varies based on regional preferences, culinary traditions, and end-use industries. While black walnuts cater to a niche market with a focus on gourmet and artisanal products, English walnuts dominate the mainstream market due to their widespread availability and versatility. Both types are supported by increasing consumer awareness of walnuts' nutritional benefits, ensuring steady demand in their respective segments.
Global Walnut Market, Segmentation by Nature
The Global Walnut Market has been segmented by Nature into Organic and Conventional.
The walnut market is categorized by nature into organic and conventional segments, each catering to different consumer needs and preferences. Organic walnuts are grown without the use of synthetic fertilizers, pesticides, or genetically modified organisms (GMOs). This segment appeals to environmentally conscious consumers and those seeking clean-label products. Organic walnuts are often associated with higher nutritional value and sustainability, making them popular in premium and health-focused markets.
Conventional walnuts, on the other hand, are produced using traditional agricultural methods that may involve chemical inputs to maximize yield and manage pests. This segment dominates the global market due to its cost-effectiveness and higher availability. Conventional walnuts are widely used in commercial food processing, including the production of snacks, baked goods, and other walnut-based products, owing to their affordability and consistent supply.
Both organic and conventional walnuts play vital roles in meeting diverse consumer demands. The organic segment is witnessing significant growth, driven by the rising trend of organic food consumption and the increasing emphasis on sustainable farming practices. Meanwhile, the conventional segment continues to thrive due to its ability to meet large-scale industrial and retail requirements. The coexistence of these segments reflects the evolving dynamics of the global walnut market, influenced by factors such as price sensitivity, health consciousness, and environmental awareness.
Global Walnut Market, Segmentation by End-Use Industry
The Global Walnut Market has been segmented by End-Use Industry into Household, Industrial, Food Industry, Snacks and Spreads, Sauces and Dressings, Bakery and Confectionary, Desserts, Personal Care and Cosmetics and Pharmaceuticals.
The walnut market is segmented by end-use industry into diverse categories, reflecting the versatility of this nutritious nut. In the household segment, walnuts are widely consumed as snacks, incorporated into homemade dishes, or used as toppings for salads and desserts. Their rich nutrient profile, including omega-3 fatty acids and antioxidants, has made them a staple in health-conscious households, particularly for raw and roasted varieties.
In the industrial and food sectors, walnuts find extensive application in snacks and spreads, sauces and dressings, and bakery and confectionery products. The growing demand for premium and healthy snacks has driven innovation in walnut-based products such as granola bars, nut butters, and flavored coatings. In the bakery and confectionery industry, walnuts are valued for their texture and flavor, enhancing products like cakes, cookies, chocolates, and pastries. Similarly, sauces and dressings infused with walnuts cater to gourmet and health-focused consumer segments.
Walnuts also play a significant role in non-food industries such as personal care, cosmetics, and pharmaceuticals. Walnut oil, rich in essential fatty acids and antioxidants, is used in skincare and haircare products for its moisturizing and anti-aging properties. In the pharmaceutical industry, walnut extracts are utilized in supplements and nutraceuticals for their potential health benefits, including heart health and cognitive function. This wide array of applications across industries underscores the growing importance of walnuts in both food and non-food markets globally.
Global Walnut Market, Segmentation by Geography
In this report, the Global Walnut Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Walnut Market Share (%), by Geographical Region, 2024
The global walnut market is analyzed by geography, encompassing North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America, over the timeline of 2020 to 2030. North America, led by the United States, dominates the market due to its substantial walnut production and export capabilities. The region's strong focus on health and wellness has driven the demand for walnuts in households and the food industry. Innovations in walnut-based products and a growing preference for plant-based diets further contribute to the market's growth in this region.
Europe represents a significant market for walnuts, with increasing consumption driven by health-conscious consumers and the popularity of Mediterranean diets. The region's robust bakery and confectionery industry, combined with a rising demand for organic and sustainably sourced walnuts, has strengthened its position in the global market. Countries such as Germany, France, and the United Kingdom are key contributors, showcasing steady growth during the forecast period.
Asia Pacific is emerging as a rapidly growing market for walnuts, fueled by increasing disposable incomes, expanding middle-class populations, and rising awareness of health benefits. China, as one of the largest producers and consumers of walnuts, plays a pivotal role in this region. Meanwhile, the Middle East and Africa and Latin America are experiencing steady growth, driven by expanding food industries and the integration of walnuts into traditional cuisines and modern diets. The period from 2020 to 2030 is expected to see continued growth across these regions, supported by evolving consumer preferences and advancements in walnut processing and distribution.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Walnut Market. These factors include; Market Drivers, Restraints and Opportunities.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Growing consumer awareness of the health benefits of walnuts, such as improved heart health and brain function.
- Increasing demand for plant-based and natural foods, with walnuts being a popular ingredient in vegan and vegetarian diets.
- Rising consumption of walnuts in the food industry, including bakery, snacks, and confectionery products. -
The limited shelf life of walnuts, especially in their raw form, presents a significant challenge in the global walnut market. Raw walnuts are highly perishable due to their high oil content, which can cause them to turn rancid if not stored properly. The nuts are particularly sensitive to temperature, humidity, and exposure to air, leading to degradation in quality over time. As a result, both consumers and manufacturers need to take extra care when storing and handling raw walnuts to maintain their freshness and nutritional value.
This issue of limited shelf life contributes to waste, particularly in retail environments and bulk purchasing. Retailers often face challenges in managing inventory and ensuring that walnuts remain fresh for the duration of their shelf life. Consumers may also encounter walnuts that have lost their flavor and nutritional quality due to improper storage or prolonged exposure to unfavorable conditions. This not only affects product satisfaction but also leads to unnecessary waste, as consumers discard walnuts that have become stale or rancid.
To address this challenge, walnut producers and distributors are increasingly investing in innovative packaging and preservation methods. Techniques such as vacuum sealing, modified atmosphere packaging, and refrigeration have been introduced to extend the shelf life of walnuts and maintain their freshness. Additionally, the growing demand for processed walnut products, such as roasted and flavored varieties, helps mitigate this issue by reducing the likelihood of spoilage associated with raw nuts. These advancements are key to ensuring that walnuts can reach the consumer in optimal condition, minimizing waste and enhancing the overall consumer experience.
Restraints:
- High production costs, particularly for organic walnuts, which can limit price competitiveness.
- Sensitivity to climate conditions, making walnut crops vulnerable to weather fluctuations and affecting supply.
- Limited shelf life of walnuts, particularly in their raw form, which can lead to quality degradation and waste.
Opportunities:
- Expanding use of walnut oil and extracts in personal care and cosmetic products, leveraging their anti-aging and moisturizing properties.
- Increasing demand for organic walnuts, driven by consumer preferences for clean-label and sustainably sourced products.
- Emerging markets in Asia Pacific and Latin America present untapped growth potential due to rising incomes and changing dietary habits. -
The global walnut market is divided into several categories that reflect the diverse consumer preferences and applications of walnuts. In-shell and shelled walnuts are the two primary forms available, with in-shell walnuts being favored for their freshness and longer shelf life. They appeal to consumers who prefer a more natural product and enjoy the process of cracking open the shell. Shelled walnuts, on the other hand, are more convenient and widely used in commercial applications, such as in packaged snacks, bakery items, and processed foods. These two categories cater to different needs, with shelled walnuts being more popular for ease of use in the food industry.
Further segmentation is seen in the walnut market with the distinction between raw and processed forms. Raw walnuts are often sought after by health-conscious consumers, as they are considered unaltered and retain their full nutritional value. Processed walnuts, which include roasted, salted, or flavored varieties, cater to the growing demand for tasty, ready-to-eat products. These processed options are particularly popular in the snack industry and among consumers seeking convenience. Additionally, the market is divided by product type into black walnuts and English walnuts. Black walnuts have a strong, earthy flavor and are typically used in niche, gourmet applications, while English walnuts, being milder and easier to shell, dominate the mainstream market and are used widely in both household and industrial food products.
The walnut market also sees segmentation by nature, with organic walnuts attracting consumers who prioritize sustainability and clean-label products, while conventional walnuts make up the bulk of the market due to their affordability and availability. End-use industries for walnuts are diverse, spanning from household consumption to industrial and food sector applications. Walnuts are commonly used in snacks and spreads, sauces and dressings, bakery and confectionery products, and desserts, with their healthy fat and nutrient profile making them a key ingredient in many recipes. Beyond food, walnuts are also utilized in personal care and cosmetics, where walnut oil is valued for its moisturizing properties, and in pharmaceuticals, where walnut extracts are incorporated into supplements for their health benefits. This wide range of applications reflects the increasing demand for walnuts across multiple industries and geographic regions.
Competitive Landscape Analysis
Key players in Global Walnut Market include,
- AGROMILLORA CATALANA SA
- Alpine Pacific Nut Company
- Borges India Private Limited
- California Walnut Company
- Crain Walnut Shelling, Inc.
- Empire Nut Company, LLC
- Grower Direct Nut Co. Inc
- Guerra Nut Shelling Co Inc
- Kashmir Walnut Group
- Morada Produce Company L.P
- Poindexter Nut Company
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Category
- Market Snapshot, By Form
- Market Snapshot, By Product Type
- Market Snapshot, By Nature
- Market Snapshot, By End-Use Industry
- Market Snapshot, By Region
- Global Walnut Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers:
- Growing consumer awareness of the health benefits of walnuts, such as improved heart health and brain function.
- Increasing demand for plant-based and natural foods, with walnuts being a popular ingredient in vegan and vegetarian diets.
- Rising consumption of walnuts in the food industry, including bakery, snacks, and confectionery products.
- Restraints:
- High production costs, particularly for organic walnuts, which can limit price competitiveness.
- Sensitivity to climate conditions, making walnut crops vulnerable to weather fluctuations and affecting supply.
- Limited shelf life of walnuts, particularly in their raw form, which can lead to quality degradation and waste.
- Opportunities:
- Expanding use of walnut oil and extracts in personal care and cosmetic products, leveraging their anti-aging and moisturizing properties.
- Increasing demand for organic walnuts, driven by consumer preferences for clean-label and sustainably sourced products.
- Emerging markets in Asia Pacific and Latin America present untapped growth potential due to rising incomes and changing dietary habits.
- Drivers:
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Walnut Market, By Category, 2021 - 2031 (USD Million)
- In shell
- Shelled
- Global Walnut Market, By Form, 2021 - 2025+ (USD Million)
- Raw
- Processed
- Global Walnut Market, By Product Type, 2021 - 2031 (USD Million)
- Black Walnuts
- English Walnuts
- Global Walnut Market, By Nature, 2021- 2031(USD Million)
- Organic
- Conventional
- Global Walnut Market, By End-Use Industry, 2021 - 2031 (USD Million)
- Household
- Industrial
- Food Industry
- Snacks and Spreads
- Sauces and Dressings
- Bakery and Confectionary
- Desserts
- Personal Care and Cosmetics
- Pharmaceuticals
- Global Walnut Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Walnut Market, By Category, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- AGROMILLORA CATALANA SA
- Alpine Pacific Nut Company
- Borges India Private Limited
- California Walnut Company
- Crain Walnut Shelling, Inc.
- Empire Nut Company, LLC
- Grower Direct Nut Co. Inc
- Guerra Nut Shelling Co Inc
- Kashmir Walnut Group
- Morada Produce Company L.P
- Poindexter Nut Company
- Company Profiles
- Analyst Views
- Future Outlook of the Market