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).
Report ID: Rn924209421 Published Date: March, 2025 Updated Date: April, 2025

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.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Category
    2. Market Snapshot, By Form
    3. Market Snapshot, By Product Type
    4. Market Snapshot, By Nature
    5. Market Snapshot, By End-Use Industry
    6. Market Snapshot, By Region
  4. Global Walnut Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers:
        1. Growing consumer awareness of the health benefits of walnuts, such as improved heart health and brain function.
        2. Increasing demand for plant-based and natural foods, with walnuts being a popular ingredient in vegan and vegetarian diets.
        3. Rising consumption of walnuts in the food industry, including bakery, snacks, and confectionery products.
      2. Restraints:
        1. High production costs, particularly for organic walnuts, which can limit price competitiveness.
        2. Sensitivity to climate conditions, making walnut crops vulnerable to weather fluctuations and affecting supply.
        3. Limited shelf life of walnuts, particularly in their raw form, which can lead to quality degradation and waste.
      3. Opportunities:
        1. Expanding use of walnut oil and extracts in personal care and cosmetic products, leveraging their anti-aging and moisturizing properties.
        2. Increasing demand for organic walnuts, driven by consumer preferences for clean-label and sustainably sourced products.
        3. Emerging markets in Asia Pacific and Latin America present untapped growth potential due to rising incomes and changing dietary habits.
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Walnut Market, By Category, 2021 - 2031 (USD Million)
      1. In shell
      2. Shelled
    2. Global Walnut Market, By Form, 2021 - 2025+ (USD Million)
      1. Raw
      2. Processed
    3. Global Walnut Market, By Product Type, 2021 - 2031 (USD Million)
      1. Black Walnuts
      2. English Walnuts
    4. Global Walnut Market, By Nature, 2021- 2031(USD Million)
      1. Organic
      2. Conventional
    5. Global Walnut Market, By End-Use Industry, 2021 - 2031 (USD Million)
      1. Household
      2. Industrial
      3. Food Industry
      4. Snacks and Spreads
      5. Sauces and Dressings
      6. Bakery and Confectionary
      7. Desserts
      8. Personal Care and Cosmetics
      9. Pharmaceuticals
    6. Global Walnut Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. AGROMILLORA CATALANA SA
      2. Alpine Pacific Nut Company
      3. Borges India Private Limited
      4. California Walnut Company
      5. Crain Walnut Shelling, Inc.
      6. Empire Nut Company, LLC
      7. Grower Direct Nut Co. Inc
      8. Guerra Nut Shelling Co Inc
      9. Kashmir Walnut Group
      10. Morada Produce Company L.P
      11. Poindexter Nut Company
  7. Analyst Views
  8. Future Outlook of the Market