What is Walnut Product Market Scope?
In order or surging consumer inclination towards maintaining a healthy lifestyle habit and increasing awareness about the health benefits of walnut has led to an increase in consumption of walnut products globally. Moreover, increasing consumption of convenience food and innovation in packaging, and expanding population willing to pay a premium for a healthy diet might act as a future growth opportunity for the very market.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Archer Daniels Midland (United States), Olam International (Singapore), Hammons (United States), Carriere Family Farms (United States), Barry Callebaut (Belgium), Kanegrade Limited (United Kingdom), Kerry Group (Ireland), Fruisec (France), The Hershey Company (United States) and Mars Incorporated (United States) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Walnut Product market study is being classified by Type (Trachycaryon, Cardiocayon, Rhysocaryon and Juglans), by Application (Food & Beverages, Pharmaceuticals, Personal Care & Cosmetics and Household) and major geographies with country level break-up.
Mergers and acquisitions, expansions, investments, new service launches, and collaborations are among the companies' favoured techniques for exploring the market. Players are expanding and acquiring businesses in new geographies in order to get a competitive edge through synergy. Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Walnut Product market throughout the predicted period.
Archer Daniels Midland (United States), Olam International (Singapore), Hammons (United States), Carriere Family Farms (United States), Barry Callebaut (Belgium), Kanegrade Limited (United Kingdom), Kerry Group (Ireland), Fruisec (France), The Hershey Company (United States) and Mars Incorporated (United States) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Walnut Product market by Type, Application and Region.
On the basis of geography, the market of Walnut Product 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).
Market Influencers and their development strategies
On 3rd Nov 2021, Barry Callebaut, the world’s leading manufacturer of high-quality chocolate and cocoa products, announced the launch of its latest new dairy-free and plant-based solution, Dairy-Free Compounds under its namesake brand.
On 15th February 2022, Kerry Group plc (‘Kerry‘), the global taste and nutrition company announced it has reached an agreement to acquire c. 92 Percent of the issued share capital of c-LEcta GmbH for consideration of 137 million pounds, with management to retain the balance. This follows the acquisition of 100% of the issued share capital of Enmex S.A. de C.V. on 14 December for a consideration of 62 million pounds.
Influencing Market Trend
- Expanding Demand for Healthy Food
- Innovation in Packaging of Walnut Products
Market Drivers
- Increasing Inclination of the Consumers towards Maintaining a Healthy Lifestyle
- Rising Affordability of Middle-Class Population in Developing Nations
- Increasing Usage of Walnut in the Pharmaceutical Industry
Opportunities
- Rising Demand for Convenience Food
- Increasing Per Capita Consumption of Walnuts Globally.
Restraints
- Lack of Vertical Integration in the Manufacturers
Challenges
- High Price of Walnut Products
Key Target Audience
Walnut Product Producers, Walnut Products Distributors/Suppliers, Walnut Product Wholesalers and Other
Customization available in this Study:
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To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.