Chestnuts Market Size and Share

Chestnuts Market (2025 - 2030)
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Chestnuts Market Analysis by Mordor Intelligence

The chestnuts market size reached USD 4.1 billion in 2025 and is forecast to advance to USD 5.0 billion by 2030, translating into a 4.0% compound annual growth rate (CAGR). Robust momentum stems from growing consumer preference for low-fat, gluten-free alternatives, sustained government support for agroforestry, and rising investments in post-harvest technology that stretch shelf life from weeks to months. Asia-Pacific retained leadership with 71.2% of global revenue in 2024, largely because China supplies about four-fifths of the world's output. Fresh in-shell chestnuts accounted for 57.2% of all sales, but chestnut flour is surging on the back of gluten-free bakery demand. Competition is fragmented yet tightening as processors vertically integrate to secure certified organic supply and capture higher price points, while improved mechanization lowers field losses to 6-8% and carbon-credit payouts of USD 50-200 per acre strengthen orchard economics.

Key Report Takeaways

  • By geography, Asia-Pacific commanded 71.2% revenue in 2024, and North America is forecast to post the highest 7.84% CAGR from 2025-2030.

Geography Analysis

Asia-Pacific accounted for 71.2% of revenue in 2024, anchored by China’s 1.8 million metric tons harvest, which equates to 77% of the world supply. The region’s processors enjoy scale and cost advantages, but profit margins remain slender amid intense domestic competition. Europe sits in a premium niche; Spain ranks second globally with up to 59,907 metric tons, largely from Galicia, Castilla-León, and Central provinces[3]Source: International Society for Horticultural Science, “World Chestnut Production Statistics,” ishs.org. Consequently, the chestnuts commodity market is observing a northward shift in optimal orcharding zones.

North America contributes less than 1% of global volume but offers the steepest growth, posting a projected 7.84% CAGR to 2030. USDA agroforestry incentives worth USD 36 million and farmers’ drive to displace USD 60 million in annual imports underwrite rapid orchard expansion. Michigan, Virginia, and Pennsylvania lead plantings, while Canada deliberates stricter phytosanitary norms that could catalyze local supply. Carbon credit income further sweetens returns, helping growers justify the 5-7-year establishment lag.

South America, led by Brazil’s temperate zones, is emerging as a viable supplier for regional gluten-free food markets. In contrast, the Middle East and Africa remain niche, with Morocco as the only sizeable producer. As climate models project declining chill hours across the Mediterranean, investors eye northern France, the United Kingdom, and the Pacific Northwest of the United States as future hotspots, implying that the geographic map of the chestnuts commodity market will continue to evolve.

Chestnuts Market
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Recent Industry Developments

  • February 2025: Heavy rain and floods hit a wide variety of crops, particularly in Europe, the Middle East, and Sub-Saharan Africa, including chestnut producers.
  • December 2024: WCN Global Growers highlighted chestnuts as a pioneer crop for Western U.S. orchards, citing California and Oregon suitability.
  • September 2024: Reforest'Action launched a USD 2.87 million initiative to regenerate 37,500 chestnut trees across 25 hectares in Greece’s Kastanologos grove.
  • May 2024: Climate Asset Management bought a 1,900-hectare Iberian nut-orchard portfolio spanning walnuts and pistachios, signaling institutional appetite for tree-nut assets.

Table of Contents for Chestnuts Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising health-driven demand for low-fat, gluten-free nuts
    • 4.2.2 Expanding culinary and confectionery applications
    • 4.2.3 Government agro-forestry subsidies
    • 4.2.4 Carbon-credit revenue from chestnut orchards
    • 4.2.5 Surge in organic / pesticide-free nut demand
    • 4.2.6 Cold-chain and CA storage cuts post-harvest losses
  • 4.3 Market Restraints
    • 4.3.1 High labor and harvesting cost for prickly burr removal
    • 4.3.2 Very short fresh-market shelf-life without chilling
    • 4.3.3 Climate-linked chill-hour deficit in Southern Europe
    • 4.3.4 Increasing phytosanitary barriers
  • 4.4 Value/Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 PESTLE Analysis

5. Market Size and Growth Forecasts (Value and Volume)

  • 5.1 By Geography (Production Analysis (Volume), Consumption Analysis (Volume and Value), Import Analysis (Volume and Value), Export Analysis (Volume and Value), and Price Trend Analysis)
    • 5.1.1 North America
    • 5.1.1.1 United States
    • 5.1.1.2 Canada
    • 5.1.2 South America
    • 5.1.2.1 Brazil
    • 5.1.3 Europe
    • 5.1.3.1 Spain
    • 5.1.3.2 Italy
    • 5.1.3.3 France
    • 5.1.3.4 Germany
    • 5.1.4 Asia-Pacific
    • 5.1.4.1 China
    • 5.1.4.2 Thailand
    • 5.1.4.3 Korea
    • 5.1.4.4 Japan
    • 5.1.5 Middle East
    • 5.1.5.1 Morocco
    • 5.1.6 Africa
    • 5.1.6.1 South Africa

6. Competitive Landscape

  • 6.1 List of Stakeholders
    • 6.1.1 Qinhuangdao Yanshan Chestnut Co., Ltd.
    • 6.1.2 Royal Nut Company Pty Ltd.
    • 6.1.3 Empire Chestnut Company (Route 9 Cooperative)
    • 6.1.4 Roland Foods LLC
    • 6.1.5 Euro Castanea Co-op
    • 6.1.6 Chestnut Growers of America, Inc.
    • 6.1.7 Chestnut Processing Cooperative Galicia
    • 6.1.8 HISAYA  Kyoto Chestnuts (Kingvista Co., Ltd. )
    • 6.1.9 Sabaton SA
    • 6.1.10 Garden in The Forest Pty Ltd.
    • 6.1.11 Dandong Dongying Chestnut Food Co., Ltd.
    • 6.1.12 Tangshan Changli Foodstuff Co., Ltd.

7. Market Opportunities and Future Outlook

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Research Methodology Framework and Report Scope

Market Definitions and Key Coverage

Our study defines the global chestnuts market as all cultivated Castanea nuts sold in fresh, dried, or lightly processed (shelled or vacuum-packed) form through retail, food-service, and industrial ingredient channels. Volume data combine orchard output and cross-border shipments that are then monetized using country-level average selling prices expressed in U.S. dollars.

Scope exclusion: Non-food derivatives such as tannin extracts, timber, and landscaping seedlings are outside this coverage.

Segmentation Overview

  • By Geography (Production Analysis (Volume), Consumption Analysis (Volume and Value), Import Analysis (Volume and Value), Export Analysis (Volume and Value), and Price Trend Analysis)
    • North America
      • United States
      • Canada
    • South America
      • Brazil
    • Europe
      • Spain
      • Italy
      • France
      • Germany
    • Asia-Pacific
      • China
      • Thailand
      • Korea
      • Japan
    • Middle East
      • Morocco
    • Africa
      • South Africa

Detailed Research Methodology and Data Validation

Primary Research

Mordor analysts interviewed orchard owners, processors, importers, and specialty retailers across Asia-Pacific, Europe, and North America. Conversations verified average farm yields, post-harvest loss rates, consignee-level prices, and the rising demand for gluten-free chestnut flour, allowing us to refine elasticity and substitution assumptions.

Desk Research

We began by mapping production and trade through FAO FAOSTAT, UN Comtrade, and Eurostat crop files, and then layered orchard acreage, yield, and subsidy disclosures from agriculture ministries in China, Italy, Turkey, and the United States. Climate anomaly records from NOAA flagged potential yield shocks, while weekly wholesale bulletins and customs declarations provided price curves. Insights from the International Nut and Dried Fruit Council, peer-reviewed agronomy papers, and company disclosures gathered via Dow Jones Factiva enriched context. Select paid assets such as D&B Hoovers for processor revenue splits and Volza for shipment-level checks added depth. These sources are illustrative; many additional documents supported data validation and research clarification.

Market-Sizing & Forecasting

A top-down reconstruction starts with national production plus net imports, and spoilage together with on-farm self-consumption factors are deducted to isolate marketable supply. Select bottom-up markers, processor throughput samples, and average selling price multiplied by sampled shipment volumes then cross-check totals. Key variables modeled include bearing-hectare expansion, average orchard yield, wholesale reference prices, per-capita nut intake, climatic chill-hour trends, and tariff changes. Five-year projections rely on multivariate regression blended with scenario analysis so temperature anomalies and income growth can modulate the baseline CAGR.

Data Validation & Update Cycle

Outputs pass three analyst reviews, where statistical outliers trigger re-contact with data providers. We refresh every twelve months, with ad hoc updates when pests, policy shifts, or bumper harvests materially alter the baseline, and a final sense check runs immediately before publication.

Why Mordor's Chestnuts Baseline Commands Reliability

Published estimates often diverge because firms vary scope, price conversion logic, and refresh timing. By anchoring value to commercially traded volumes and by annualizing orchard-level data, our figure remains comparable across regions.

Key gap drivers include whether self-consumed harvests are counted, the breadth of processed formats, and the way average prices are built. Some providers apply one Asian FOB price worldwide or stop at formal trade flows. Others exclude vacuum-packed product now dominant in Europe. Our disciplined variable set and yearly refresh narrow these gaps.

Benchmark comparison

Market Size Anonymized source Primary gap driver
USD 4.10 Bn (2025) Mordor Intelligence -
USD 4.34 Bn (2024) Sector Research Firm A Counts only formal trade and applies a single global average price
USD 3.50 Bn (2024) Global Consultancy B Surveys limited countries and omits post-harvest losses plus vacuum-packed sales
USD 3.60 Bn (2023) Regional Consultancy C Converts volume to value using one ASP and excludes dried nut segment

Taken together, the comparison shows that narrow scope definitions or static pricing can push numbers up or down. Mordor's annually refreshed, variable-rich model delivers a balanced, transparent baseline that decision-makers can trust.

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Key Questions Answered in the Report

What is the current size of the chestnuts commodity market?

The chestnuts commodity market size reached USD 4.1 billion in 2025 and is projected to climb to USD 5.0 billion by 2030 at a 4.0% CAGR.

Which region holds the biggest share of global chestnut revenue?

Asia-Pacific leads with 71.2% of chestnuts commodity market share, the overwhelming production capacity.

How are carbon credits influencing chestnut orchard economics?

Mature orchards sequester 2.5-4.0 metric tons of CO₂ per acre annually, generating USD 50-200 per acre in carbon-credit revenue that shortens payback periods for new plantings.

What are the main challenges facing chestnut growers in Europe?

Warm winters reduce required chill hours, cutting yields by up to 60% in southern zones, while tightening phytosanitary rules add USD 0.15-0.25 per pound to export costs.

How does mechanization impact harvesting costs?

Commercial harvesters can cut manual labor requirements by 60-70% and lower nut losses to 6-8%, but equipment costs of USD 150,000-250,000 limit uptake among small farms.

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