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Chestnuts Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The report covers the extensive study of production, consumption, trade, and price trend analysis of cashew market, in addition to the value chain analysis. The global chestnut market is segmented based on geography.

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Market Snapshot

chestnuts market
Study Period: 2016 - 2026
Base Year: 2020
Fastest Growing Market: Europe
Largest Market: Asia Pacific
CAGR: 3.1 %

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Market Overview

The global chestnuts market is estimated to register a CAGR of 3.1% during the forecast period (2020-2025). Chestnuts have a nutritional composition that sets them apart from all other nuts. Chestnuts are very low in fat and higher in starch than other nuts, making them less caloric. The rich nutritional content is increasing the demand for chestnuts globally. The increased use of chestnuts in confectionery, along with their health benefits, is anticipated to boost the chestnuts market's growth further. The application of chestnut flour in baked products is also growing, which in turn is driving the production and export market for chestnuts across the world. According to the Food and Agriculture Organization, China, Bolivia, Greece, Italy, Portugal are the significant chestnut producers in the world. Asia-Pacific dominates the market, where China is the leading producer and exporters of the chestnuts. According to ITC Trade, in 2019, China accounted for 26.8% of the total share of export.

Scope of the Report

The study analyzes the global scenario of the chestnuts market. The report covers production, consumption, trade, and price trend analyses of chestnuts at a macro-level, in addition to the value chain and price trend analysis.

Geography
United States
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Value and Volume)
Export Market Analysis (Value and Volume)
Price Trend Analysis
Germany
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Value and Volume)
Export Market Analysis (Value and Volume)
Price Trend Analysis
Turkey
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Value and Volume)
Export Market Analysis (Value and Volume)
Price Trend Analysis
France
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Value and Volume)
Export Market Analysis (Value and Volume)
Price Trend Analysis
Italy
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Value and Volume)
Export Market Analysis (Value and Volume)
Price Trend Analysis
Switzerland
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Value and Volume)
Export Market Analysis (Value and Volume)
Price Trend Analysis
Thailand
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Value and Volume)
Export Market Analysis (Value and Volume)
Price Trend Analysis
Korea
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Value and Volume)
Export Market Analysis (Value and Volume)
Price Trend Analysis
China
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Value and Volume)
Export Market Analysis (Value and Volume)
Bolivia
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Value and Volume)
Export Market Analysis (Value and Volume)
Price Trend Analysis

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Key Market Trends

Increasing Demand Due to the Nutritional Benefits

The demand for chestnuts is increasing significantly due to their various health benefits. The increased use of chestnuts in confectionery as they are an excellent source of several nutrients such as vitamin C, B1, B2, and B6; folic acid; manganese; copper; and magnesium, are anticipated to further boost the growth of the chestnuts market. They are consumed in the form of boiled, roasted, and dried or in the way of jam or flour as they are rich in dietary fiber, which improves the digestion process. Due to these benefits, the demand for chestnuts is high in many countries where production is considerably less like Germany, the United States, etc. and creates a massive opportunity for export. These countries import from countries like China, where the production is very high. Thus, making China a leading exporter of the chestnuts. According to ITC Trade, China exported USD 76,743 thousand worth of chestnuts in 2016, and the export increased to USD 86,224 thousand in 2019.

Global Chestnuts Market

Asia- Pacific Dominates the Market

According to FAO, Countries such as China, Korea, and Japan are the leading producers; in 2018, China dominates with a production quantity of 1.9 million tons in this region, followed by the Republic of Korea with 53384 metric tons of production. The export market is growing at a significant pace due to the growing demand for chestnuts across the globe. China dominates the chestnuts export market. According to ITC Trade, in 2019, China accounted for the 26.8% share of the total export across the world, with the export revenue of 86,224 thousand USD. Major export destinations for Chinese chestnuts are Thailand, Viet Nam, Taiwan, and Japan. Accordingly, Thailand is the major importer accounting for revenue of 15,076 thousand USD with an import quantity of 39,610 tons in 2019.

Global Chestnuts Market

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions & Market definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Introduction to Market Drivers and Restraints

    3. 4.3 Market Drivers

    4. 4.4 Market Restraints

    5. 4.5 Value Chain Analysis

  5. 5. MARKET SEGMENTATION

    1. 5.1 Geography

      1. 5.1.1 United States

        1. 5.1.1.1 Production Analysis

        2. 5.1.1.2 Consumption Analysis and Market Value

        3. 5.1.1.3 Import Market Analysis (Value and Volume)

        4. 5.1.1.4 Export Market Analysis (Value and Volume)

        5. 5.1.1.5 Price Trend Analysis

      2. 5.1.2 Germany

        1. 5.1.2.1 Production Analysis

        2. 5.1.2.2 Consumption Analysis and Market Value

        3. 5.1.2.3 Import Market Analysis (Value and Volume)

        4. 5.1.2.4 Export Market Analysis (Value and Volume)

        5. 5.1.2.5 Price Trend Analysis

      3. 5.1.3 Turkey

        1. 5.1.3.1 Production Analysis

        2. 5.1.3.2 Consumption Analysis and Market Value

        3. 5.1.3.3 Import Market Analysis (Value and Volume)

        4. 5.1.3.4 Export Market Analysis (Value and Volume)

        5. 5.1.3.5 Price Trend Analysis

      4. 5.1.4 France

        1. 5.1.4.1 Production Analysis

        2. 5.1.4.2 Consumption Analysis and Market Value

        3. 5.1.4.3 Import Market Analysis (Value and Volume)

        4. 5.1.4.4 Export Market Analysis (Value and Volume)

        5. 5.1.4.5 Price Trend Analysis

      5. 5.1.5 Italy

        1. 5.1.5.1 Production Analysis

        2. 5.1.5.2 Consumption Analysis and Market Value

        3. 5.1.5.3 Import Market Analysis (Value and Volume)

        4. 5.1.5.4 Export Market Analysis (Value and Volume)

        5. 5.1.5.5 Price Trend Analysis

      6. 5.1.6 Switzerland

        1. 5.1.6.1 Production Analysis

        2. 5.1.6.2 Consumption Analysis and Market Value

        3. 5.1.6.3 Import Market Analysis (Value and Volume)

        4. 5.1.6.4 Export Market Analysis (Value and Volume)

        5. 5.1.6.5 Price Trend Analysis

      7. 5.1.7 Thailand

        1. 5.1.7.1 Production Analysis

        2. 5.1.7.2 Consumption Analysis and Market Value

        3. 5.1.7.3 Import Market Analysis (Value and Volume)

        4. 5.1.7.4 Export Market Analysis (Value and Volume)

        5. 5.1.7.5 Price Trend Analysis

      8. 5.1.8 Korea

        1. 5.1.8.1 Production Analysis

        2. 5.1.8.2 Consumption Analysis and Market Value

        3. 5.1.8.3 Import Market Analysis (Value and Volume)

        4. 5.1.8.4 Export Market Analysis (Value and Volume)

        5. 5.1.8.5 Price Trend Analysis

      9. 5.1.9 China

        1. 5.1.9.1 Production Analysis

        2. 5.1.9.2 Consumption Analysis and Market Value

        3. 5.1.9.3 Import Market Analysis (Value and Volume)

        4. 5.1.9.4 Export Market Analysis (Value and Volume)

      10. 5.1.10 Bolivia

        1. 5.1.10.1 Production Analysis

        2. 5.1.10.2 Consumption Analysis and Market Value

        3. 5.1.10.3 Import Market Analysis (Value and Volume)

        4. 5.1.10.4 Export Market Analysis (Value and Volume)

        5. 5.1.10.5 Price Trend Analysis

  6. 6. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Frequently Asked Questions

The Chestnuts Market market is studied from 2016 - 2026.

The Chestnuts Market is growing at a CAGR of 3.1% over the next 5 years.

Europe is growing at the highest CAGR over 2021- 2026.

Asia Pacific holds highest share in 2020.

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