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Walnut Market

ID: MRFR/Agri/40073-HCR
200 Pages
Snehal Singh
October 2025

Walnut Market Research Report: By Product Type (Raw Walnuts, Chopped Walnuts, Walnut Oil, Walnut Flour), By Distribution Channel (Online Retail, Supermarkets, Convenience Stores, Specialty Stores), By End Use (Food Industry, Cosmetics Industry, Pharmaceuticals), By Form (Whole, Halved, Ground) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035

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Walnut Market Summary

As per MRFR analysis, the Walnut Market Size was estimated at 8.79 USD Billion in 2024. The Walnut industry is projected to grow from 9.54 USD Billion in 2025 to 19.49 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 7.47 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The walnut market is experiencing robust growth driven by health trends and sustainability initiatives.

  • Health consciousness among consumers is propelling demand for walnuts, particularly in North America, the largest market.
  • The Asia-Pacific region is emerging as the fastest-growing market, driven by increasing awareness of the health benefits of walnuts.
  • E-commerce expansion is reshaping the retail landscape, with online sales becoming the fastest-growing segment for walnut distribution.
  • Sustainability and ethical sourcing are major market drivers, influencing both the food industry and cosmetics segment.

Market Size & Forecast

2024 Market Size 8.79 (USD Billion)
2035 Market Size 19.49 (USD Billion)
CAGR (2025 - 2035) 7.47%

Major Players

California Walnut Commission (US), Sunkist Growers (US), Diamond Foods (US), Olam International (SG), Select Harvests (AU), Blue Diamond Growers (US), Kraft Heinz (US), Bergin Fruit and Nut Company (US)

Walnut Market Trends

The Walnut Market is currently experiencing a dynamic phase characterized by evolving consumer preferences and increasing health consciousness. As individuals become more aware of the nutritional benefits associated with walnuts, demand appears to be on the rise. This trend is likely driven by the growing inclination towards plant-based diets and the incorporation of nuts as a staple in various culinary applications. Furthermore, the versatility of walnuts in both sweet and savory dishes enhances their appeal, potentially leading to broader market penetration across diverse demographics. In addition to changing dietary habits, the Walnut Market is influenced by sustainability considerations. Consumers are increasingly seeking products that align with environmentally friendly practices. This shift may encourage producers to adopt more sustainable farming methods, thereby enhancing the overall market appeal. Moreover, the expansion of e-commerce platforms facilitates greater accessibility to walnut products, allowing consumers to explore a wider range of offerings. As the market continues to evolve, it seems poised for growth, driven by both health trends and sustainability initiatives.

Health Consciousness

The rising awareness of health benefits associated with walnuts is driving demand. Consumers are increasingly incorporating walnuts into their diets due to their nutritional value, which includes healthy fats, protein, and essential vitamins.

Sustainability Focus

There is a growing emphasis on sustainable farming practices within the Walnut Market. Consumers are favoring products that are produced with environmentally friendly methods, prompting producers to adapt their practices accordingly.

E-commerce Expansion

The proliferation of online shopping platforms is enhancing accessibility to walnut products. This trend allows consumers to explore a diverse range of walnut offerings, potentially increasing overall market reach.

Market Segment Insights

By Application: Food Industry (Largest) vs. Cosmetics (Fastest-Growing)

In the Walnut Market, the application segment is prominently led by the Food Industry, which encompasses a wide range of uses, including snacks, baking, and cooking ingredients. Within this segment, walnuts are sought after for their nutritional benefits and versatility, resulting in a significant market share. Following the food sector, cosmetics emerge as an exciting player in the Walnut Market, capturing a smaller yet growing share, largely due to the increasing popularity of natural and organic beauty products that incorporate nut-derived oils and extracts.

Food Industry: Dominant vs. Cosmetics: Emerging

The Food Industry remains the dominant application segment within the Walnut Market, leveraging walnuts' health benefits and as a natural ingredient in a variety of food products. Rich in omega-3 fatty acids, antioxidants, and essential nutrients, walnuts appeal to health-conscious consumers. Conversely, the Cosmetics sector is rapidly emerging as a key player, driven by rising consumer preference for natural and organic ingredients. This trend has led to increased incorporation of walnut oil and extracts in skincare and haircare products, appealing to those seeking eco-friendly and health-conscious beauty solutions. The adoption of walnuts in these products highlights a significant shift in consumer behavior towards holistic wellness.

By End Use: Retail (Largest) vs. Online Sales (Fastest-Growing)

The walnut market is characterized by a diverse distribution of end use segments. Retail stands out as the largest segment, dominating the market due to widespread consumer accessibility and demand for walnuts in grocery stores and supermarkets. The popularity of walnuts in retail settings can be attributed to their health benefits, versatility in various culinary applications, and increasing consumer awareness about nutrition. Other segments such as food service and industrial follow but have comparatively smaller shares, showcasing the varied landscape of walnut consumption.

Retail (Dominant) vs. Online Sales (Emerging)

The retail segment of the walnut market is firmly established as the dominant force, driven by significant consumer demand for both raw and processed walnuts. This segment thrives on the convenience of brick-and-mortar stores that cater to everyday shoppers. Meanwhile, online sales represent the emerging segment that is experiencing rapid growth, particularly under the influence of changing shopping habits and increased digital engagement. Consumers are increasingly turning to online platforms for their purchases due to convenience, better access to a wide range of products, and competitive pricing. This trend indicates a pivotal shift in how walnuts are marketed and sold, highlighting the importance of e-commerce strategies in reaching contemporary consumers.

By Product Type: Raw Walnuts (Largest) vs. Walnut Oil (Fastest-Growing)

In the Walnut Market, the distribution of market share among product types reveals that Raw Walnuts dominate significantly, being the preferred choice for consumers due to their versatility and health benefits. Shelled Walnuts follow, capturing a considerable portion of the market as well, while Walnut Flour, Walnut Butter, and Walnut Oil also maintain their presence but with less market share. This positioning indicates a well-established preference for whole nuts over processed forms. Looking into growth trends, Walnut Oil is recognized as the fastest-growing segment due to increasing consumer awareness regarding healthy fats and culinary applications. The surge in demand for organic and specialty foods has also propelled Walnut Flour and Walnut Butter into the spotlight, showcasing a trend toward health-conscious consumption. Ultimately, the overall growth in the market reflects a broader shift towards plant-based and nutritious dietary options among consumers.

Raw Walnuts (Dominant) vs. Walnut Flour (Emerging)

Raw Walnuts are the dominant segment in the Walnut Market, renowned for their nutritional richness and versatility in various culinary applications. They appeal to health-conscious consumers and are widely used in snacks, salads, and baking. The robust preference for Raw Walnuts stems from their whole food status, retaining all nutrients without any processing. On the other hand, Walnut Flour serves as an emerging segment, gaining traction due to the rise in gluten-free and alternative flours. It caters to a niche yet growing consumer base looking for healthier baking options and is increasingly incorporated into recipes for its unique flavor and health benefits. Together, these segments illustrate the diversity and adaptability of walnut products in meeting changing consumer demands.

By Distribution Channel: Supermarkets (Largest) vs. E-commerce (Fastest-Growing)

In the Walnut Market, distribution channels play a pivotal role in shaping consumer access and purchasing behavior. Supermarkets dominate this segment, capturing a significant portion of market share due to their extensive reach and established customer base. They provide an ideal shopping environment for consumers, offering a variety of walnuts and related products under one roof. Specialty stores and wholesale also contribute to the distribution but play secondary roles compared to supermarkets and the rapidly emerging e-commerce channel.

Supermarkets: Dominant vs. E-commerce: Emerging

Supermarkets are the dominant distribution channel in the Walnut Market, thanks to their ability to offer a wide array of walnut products and their strategic locations in urban areas. They provide consumers with convenience and the opportunity to explore different varieties, aiding in impulse purchases. On the other hand, e-commerce has emerged as a fast-growing segment, driven by the increasing trend of online shopping and consumer preferences for home delivery. This channel appeals particularly to tech-savvy consumers seeking convenience, variety, and competitive pricing. The growing demand for specialty walnuts and organic options sold online is propelling e-commerce growth, making it a vital player in the walnut distribution landscape.

By Form: Whole (Largest) vs. Chopped (Fastest-Growing)

In the Walnut Market, the 'Form' segment showcases a diverse range of products, among which Whole walnuts command the largest market share. They are favored for their versatility in both culinary and snacking applications, appealing to health-conscious consumers seeking natural options. Chopped walnuts, often utilized in baking and cooking, have emerged as the fastest-growing segment. Their convenience and ability to enhance flavors make them increasingly popular in a variety of dishes, driving their rapid adoption in the market. The growth of the Form segment is attributed to changing consumer preferences towards healthier eating habits and plant-based diets. Whole walnuts are recognized for their rich nutritional profile, including healthy fats and protein, which fortify their position. Conversely, the growing trend of convenience foods has propelled the demand for chopped walnuts, which cater to consumers looking for quick and easy meal solutions without compromising on health benefits. Roasted and flavored variants are also contributing to the market growth, as they meet the rising demand for ready-to-eat snack options.

Whole: Dominant vs. Chopped: Emerging

Whole walnuts represent a dominant force in the Walnut Market due to their versatility and widespread use. Often consumed raw or used in various culinary applications, they appeal to a broad consumer base, including health-conscious shoppers. The nutrient-rich profile of whole walnuts, which includes essential fatty acids and antioxidants, positions them favorably among consumers looking for wholesome snack options. On the other hand, chopped walnuts are emerging rapidly, driven by the demands of convenience-oriented consumers. Their quick preparation and enhanced flavor profile contribute to their appeal as an ideal ingredient for salads, baked goods, and savory dishes. This segment's growth aligns with trends favoring ease of use in meal preparation, thus capturing the interest of both home cooks and food service providers.

Get more detailed insights about Walnut Market

Regional Insights

North America : Market Leader in Walnuts

North America, particularly the US, leads the walnut market with a share of 4.5 million metric tons in 2024. The region benefits from favorable climatic conditions, advanced agricultural practices, and a strong consumer demand for healthy snacks. Regulatory support from organizations like the California Walnut Commission further boosts production and export capabilities, driving growth in both domestic and international markets. The US is the primary contributor, with California being the largest producer. Key players such as Blue Diamond Growers and Diamond Foods dominate the landscape, ensuring high-quality products. The competitive environment is characterized by innovation in processing and packaging, catering to health-conscious consumers. The presence of established brands and a robust supply chain enhances market stability and growth potential.

Europe : Emerging Walnut Market

Europe's walnut market is evolving, with a size of 2.5 million metric tons in 2024. The increasing awareness of health benefits associated with walnuts, such as heart health and cognitive function, drives demand. Regulatory frameworks promoting sustainable agriculture and food safety standards are also pivotal in shaping market dynamics, encouraging local production and imports from regions like North America. Leading countries include Turkey, France, and Spain, which are significant producers and consumers of walnuts. The competitive landscape features both local growers and international players like Olam International. The market is characterized by a growing trend towards organic and sustainably sourced products, aligning with consumer preferences for healthier options. This shift is supported by initiatives from the European Commission to promote healthy eating habits.

Asia-Pacific : Growing Demand for Nuts

The Asia-Pacific walnut market, valued at 1.8 million metric tons in 2024, is witnessing rapid growth driven by increasing health awareness and rising disposable incomes. Countries like China and India are experiencing a surge in walnut consumption, particularly in urban areas where health trends are gaining traction. Regulatory support for agricultural innovation and food safety is also enhancing market growth, making walnuts more accessible to consumers. China stands out as a leading market, with significant imports from North America and local production. The competitive landscape includes both domestic producers and international brands, such as Select Harvests. The market is characterized by a growing interest in premium and organic walnut products, catering to the evolving preferences of health-conscious consumers. This trend is expected to continue as awareness of the nutritional benefits of walnuts spreads across the region.

Middle East and Africa : Untapped Walnut Potential

The Middle East and Africa walnut market, with a size of 0.99 million metric tons in 2024, is still in its nascent stages but shows promising growth potential. Factors such as increasing health awareness and a shift towards healthier snacking options are driving demand. Regulatory initiatives aimed at improving agricultural practices and food safety standards are also contributing to market development, encouraging local production and imports. Countries like South Africa and Turkey are key players in the region, with growing interest in walnut cultivation. The competitive landscape is characterized by a mix of local producers and international brands. As consumer preferences shift towards healthier options, the market is likely to see increased investment and innovation, paving the way for future growth in walnut consumption.

Key Players and Competitive Insights

The Walnut Market is currently characterized by a dynamic competitive landscape, driven by increasing consumer demand for healthy snacks and the growing popularity of plant-based diets. Key players such as the California Walnut Commission (US), Blue Diamond Growers (US), and Olam International (SG) are strategically positioned to leverage these trends. The California Walnut Commission (US) focuses on promoting the health benefits of walnuts through extensive marketing campaigns, while Blue Diamond Growers (US) emphasizes innovation in product offerings, including flavored and value-added walnut products. Olam International (SG) is expanding its global footprint through strategic partnerships and acquisitions, enhancing its supply chain capabilities and market reach. Collectively, these strategies contribute to a competitive environment that is increasingly focused on health, innovation, and global expansion.

In terms of business tactics, companies are increasingly localizing manufacturing and optimizing supply chains to enhance efficiency and reduce costs. The Walnut Market appears moderately fragmented, with a mix of large players and smaller niche companies. The collective influence of these key players shapes market dynamics, as they compete not only on product quality but also on sustainability practices and consumer engagement strategies.

In November 2025, Olam International (SG) announced a partnership with a leading health food brand to co-develop a new line of walnut-based snacks. This strategic move is likely to enhance Olam's product portfolio and cater to the growing demand for healthy snack options. By aligning with a reputable brand, Olam may strengthen its market position and appeal to health-conscious consumers, thereby driving sales growth.

In October 2025, Blue Diamond Growers (US) launched a new marketing campaign aimed at promoting the versatility of walnuts in various culinary applications. This initiative underscores the company's commitment to innovation and consumer education, potentially increasing walnut consumption across diverse demographics. By highlighting the adaptability of walnuts in cooking and baking, Blue Diamond Growers may effectively expand its market share and reinforce its brand presence.

In September 2025, the California Walnut Commission (US) initiated a sustainability program aimed at reducing water usage in walnut farming. This program reflects a growing trend towards sustainable agricultural practices and may enhance the commission's reputation among environmentally conscious consumers. By prioritizing sustainability, the California Walnut Commission could differentiate itself in a competitive market increasingly focused on eco-friendly practices.

As of December 2025, current competitive trends in the Walnut Market include a strong emphasis on digitalization, sustainability, and the integration of AI technologies in production and marketing strategies. Strategic alliances are becoming increasingly important, as companies seek to enhance their capabilities and market reach. The competitive landscape is shifting from traditional price-based competition to a focus on innovation, technology, and supply chain reliability. This evolution suggests that companies that prioritize these aspects are likely to achieve a competitive edge in the future.

Key Companies in the Walnut Market market include

Future Outlook

Walnut Market Future Outlook

The Walnut Market is projected to grow at a 7.47% CAGR from 2024 to 2035, driven by increasing health awareness, demand for plant-based products, and innovative processing technologies.

New opportunities lie in:

  • Expansion into emerging markets with tailored product offerings.
  • Development of value-added walnut products for health-conscious consumers.
  • Investment in sustainable farming practices to enhance brand reputation.

By 2035, the Walnut Market is expected to achieve robust growth, solidifying its position as a key player in the global food industry.

Market Segmentation

Walnut Market Form Outlook

  • Whole
  • Chopped
  • Ground
  • Roasted
  • Flavored

Walnut Market End Use Outlook

  • Retail
  • Food Service
  • Industrial
  • Export
  • Online Sales

Walnut Market Application Outlook

  • Food Industry
  • Cosmetics
  • Pharmaceuticals
  • Animal Feed
  • Beverages

Walnut Market Product Type Outlook

  • Raw Walnuts
  • Shelled Walnuts
  • Walnut Oil
  • Walnut Flour
  • Walnut Butter

Walnut Market Distribution Channel Outlook

  • Supermarkets
  • Specialty Stores
  • E-commerce
  • Wholesale
  • Direct Sales

Report Scope

MARKET SIZE 20248.79(USD Billion)
MARKET SIZE 20259.54(USD Billion)
MARKET SIZE 203519.49(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)7.47% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledCalifornia Walnut Commission (US), Sunkist Growers (US), Diamond Foods (US), Olam International (SG), Select Harvests (AU), Blue Diamond Growers (US), Kraft Heinz (US), Bergin Fruit and Nut Company (US)
Segments CoveredApplication, End Use, Product Type, Distribution Channel, Form
Key Market OpportunitiesGrowing demand for organic walnuts driven by health-conscious consumer preferences and sustainable farming practices.
Key Market DynamicsRising consumer demand for healthy snacks drives innovation and competition in the walnut market.
Countries CoveredNorth America, Europe, APAC, South America, MEA

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FAQs

What is the projected market value of the Global Walnut Market in 2024?

The Global Walnut Market is expected to be valued at 11.16 billion USD in 2024.

What is the expected market size for raw walnuts in 2035?

Raw walnuts are projected to be valued at 6.0 billion USD in 2035.

What is the expected compound annual growth rate (CAGR) of the Global Walnut Market from 2025 to 2035?

The Global Walnut Market is anticipated to have a CAGR of 2.73% from 2025 to 2035.

Which region is expected to have the largest market value in 2024?

North America is expected to have the largest market value at 3.2 billion USD in 2024.

What market value is expected for chopped walnuts in 2035?

Chopped walnuts are anticipated to reach a market value of 3.5 billion USD in 2035.

What are some of the major players in the Global Walnut Market?

Key players in the Global Walnut Market include companies such as Blue Diamond Growers, California Walnuts, and Diamond Foods.

What is the expected market size for walnut oil in 2024?

The market size for walnut oil is expected to be valued at 2.0 billion USD in 2024.

How much is the market for walnuts in the MEA region expected to grow by 2035?

In the MEA region, the walnut market is projected to increase to 1.7 billion USD by 2035.

What is the expected market value of walnut flour in 2035?

Walnut flour is expected to reach a market value of 3.0 billion USD in 2035.

Which region is anticipated to see significant growth from 2024 to 2035?

The APAC region is expected to grow significantly, reaching a market value of 4.0 billion USD by 2035.

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