About Walnut
The walnuts are considered the healthiest food worldwide, as it is a rich source of energy which contains many beneficial nutrients, vitamin, minerals, antioxidants and various other essential nutrition for the wellbeing. There are various processes involve in extracting the edible part (kernel) including harvesting, drying, hulling and shelling. The walnuts are used widely in snacks, bakery products, seasoning, sauces, and other eateries to enhance the flavor and give a healthy side to the food or beverages. Its application along with food is increasing worldwide, like in cosmetics and medicines.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Archer Daniels Midland Company (United States), Omega Walnut, Inc. (United States), Olam International (Singapore), California Walnuts and Walnut Processing (United States), Pearl Crop, Inc. (United States), Mid Valley Nut (United States), Hammons Products Company (United States), Chico Nut Company (United States) and Wholesome Nut Company (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Walnut market by Type (English [or Persian] and Black and White [or Butternut]), Application (Food, Snacks, Bakery Products, Beverage and Other) and Region.
On the basis of geography, the market of Walnut has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Nature, the sub-segment i.e. Organic will boost the Walnut market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Raw Walnut will boost the Walnut market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use Industry, the sub-segment i.e. Pharmaceutical Industry will boost the Walnut market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channels, the sub-segment i.e. Grocery Stores will boost the Walnut market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Number of Application of Walnut in Pharmaceutical and Cosmetic Products
Market Growth Drivers:
Rising health and Fitness Consciousness Among People Worldwide and Change in Lifestyle and Purchasing Power of Middle-Class Population
Challenges:
Seasonal Availability of Walnuts Might be the Hindrance for Market
Restraints:
Price Fluctuations in Walnut Products and Allergies Associated with Consumption of Walnuts
Opportunities:
Surging Demand for Walnut from Developing Economies and Growing Ecommerce Market is will Boost the Demand for Walnut
On 3rd February 2020, The California Walnuts announced that launch of "The Power 3", the campaign to its scale to educate consumers about how eating walnuts is a way to boost overall health. The program will run in nine countries including the USA, Germany, India, Japan, South Korea, Spain, Turkey, the United Kingdom, and the United Arab Emirates. Central to the campaign is a global landing page featuring content that will show how consumers share the love of walnuts around the world.
Key Target Audience
Walnut Providers, Walnut Product Manufacturers, Walnut International Traders, Suppliers and Distributors, Research and Development Institutes, Potential Investors, Upstream and Downstream Buyers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.