Report Description Report Description and Highlights

Global Walnut Market Research Report 2023-2028:

The global walnut market size reached US$ 8.0 Billion in 2022. It is projected to reach a value of US$ 10.7 Billion by 2028, CAGR of 4.9% during 2023-2028.

Walnuts are round, large, and edible seeds belonging to the deciduous trees of the Juglandaceae family. They have a tough shell and are rich in omega-3 fats, antioxidants and essential nutrients such as carbohydrates, calcium, fibers, proteins, iron, sodium, phosphorous, and manganese. They also provide numerous health benefits, such as improving brain and bone health, preventing gallbladder diseases, lowering cholesterol levels, minimizing the risk of cardiovascular diseases and cancer, and helping with weight management. Owing to these benefits, walnuts are widely utilized in personal care, household, cosmetics, and industrial applications across the globe.

Global Walnut Market Trends and Drivers:

The market is primarily driven by the escalating demand for healthy and nutritious food products and the growing awareness regarding the nutritional content and skin, hair, and health benefits of walnuts. In addition, the increasing use of walnut as an ingredient in confectionery, chocolates, nut butter, and bakery products in the food and beverage (F&B) industry is contributing to the market growth.