Walnuts Market Analysis: Key Insights on Growth Rates, Trends, and Major Opportunities
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What fueled the previous growth in the walnuts market?
The walnuts market has shown strong growth, expanding from $7.66 billion in 2024 to $8.13 billion in 2025 at a CAGR of 6.0%. Historical growth drivers include rising consumer awareness about health and sustainability, growing demand for plant-based protein, market expansion, shifting dietary preferences, and increasing globalization.
What will be the walnuts market size in the future?
The walnuts market is projected to expand steadily, reaching $10.13 billion by 2029 with a CAGR of 5.7%. Market growth will be driven by emerging market economic growth, e-commerce expansion, changing trade regulations, and sustainable sourcing emphasis. Key trends include innovative walnut-based products, sustainable harvesting, regenerative agriculture adoption, health-conscious consumer trends, and expanding product portfolios.
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What main drivers are fueling expansion in the walnuts market?
The growing understanding of the importance of health and wellness is predicted to boost the walnuts market. Healthy living, which involves habits and actions that enhance physical, mental, and emotional health, is becoming more common due to better access to information, heightened fears surrounding chronic illnesses, and an emphasis on preventative health strategies. Walnuts, packed with omega-3 fatty acids and antioxidants, offer numerous health benefits including supporting heart health and reducing inflammation, making them an excellent choice for balanced and plant-based diets. For instance, a 2022 online survey conducted by the International Food Information Council, a non-profit organization based in the U.S., revealed that out of 1,005 Americans aged 18 to 80, 52% were adhering to a specific diet or eating pattern, a rise from 39% in 2021. Clean eating (16%), mindful eating (14%), calorie counting (13%), and plant-based eating (12%) emerged as the most followed diets or eating patterns. As a result, the growing consciousness about healthy living contributes to the expansion of the walnuts market.
What key areas define the segmentation of the global 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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Who are the dominant players expanding their reach 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
How are evolving market trends shaping walnuts Strategies?
Prominent businesses in the walnuts market, like Surthrival Ltd., are diverting their resources towards the creation of walnut-inspired protein supplements; an example being Black Walnut Protein Powder. This initiative is an answer to the rising requirement for food options that are not just healthy, but also sustainable. Black Walnut Protein Powder is a superior supplement sourced and crafted from black walnuts that are wild-grown, responsibly gathered, and processed, originating from North America’s native trees. Surthrival Ltd., a US firm that supplies regenerative food materials, unveiled this wild-foraged plant-based protein powder in January 2023. The product, Black Walnut Protein Powder, undergoes a carbon dioxide extraction process to confirm its purity and high standard by eliminating any contact with pesticides, herbicides, or fertilizers.
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Which regions are emerging as leaders 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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