Walnut Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Walnut Market Report is Segmented by Geography (North America, South America, Europe, Asia-Pacific, and Middle-East and Africa). The Report Provides the Production Analysis (Volume), Consumption Analysis (Value and Volume), Export Analysis (Value and Volume), Import Analysis (Value and Volume), and Price Trend Analysis. The Report Also Offers the Market Size and Forecasts in Terms of Value in (USD) and Volume in (Metric Tons) for the Above-Mentioned Segments.

Walnut Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Market Snapshot

Walnut Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Market Size (2025) USD 9.26 Billion
Market Size (2030) USD 11.77 Billion
CAGR (2025 - 2030) 4.90 %
Fastest Growing Market Asia-Pacific
Largest Market Asia-Pacific

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Walnut Market Analysis

The Walnut Market size is estimated at USD 9.26 billion in 2025, and is expected to reach USD 11.77 billion by 2030, at a CAGR of 4.9% during the forecast period (2025-2030).

  • The walnut market is experiencing steady growth, driven by increasing demand for healthy and nutritious food products, particularly due to walnuts’ high omega-3 content and recognized health benefits. Walnuts are primarily consumed as a snack, used in the food processing industry (confectionery, bakery, and dairy), and valued for their oil. The global production of walnuts is concentrated in a few key regions, with China, the United States, and Chile leading the market.
  • China stands as the largest producer, accounting for over half of the global walnut production with the production of 1.4 million metric tons in 2023 according to the United States Department of Agriculture. The country’s extensive walnut cultivation is supported by favorable climate conditions and governmental incentives to boost nut production. The United States, particularly California, is another major player, contributing around 30% of global walnut production annually, according to the Dried Fruit Association of California. The United States walnut industry benefits from well-established infrastructure, advanced agricultural practices, and substantial research efforts to improve yield and resistance to diseases. Chile is another major country concerning walnut production and accounted for 198 million metric tons in 2023. However, it is often constrained by older farming techniques and political issues affecting exports.
  • On the consumption side, walnuts are popular in North America, Europe, and parts of Asia-Pacific. The United States and China are not only major producers but also significant consumers. In China, walnuts are a common snack and ingredient in traditional dishes, driving domestic consumption which was 398.4 thousand metric tons in 2021 according to the International Nut & Dried Fruit Council-Statistical Yearbook, 2023. The walnut oil industry is also growing, driven by demand from the cosmetics and skincare sectors, which use walnut oil for its moisturizing and anti-aging properties. Additionally, walnut meal, a byproduct of oil extraction, is gaining popularity in the food industry as a protein-rich ingredient. Therefore, the walnut market is expected to grow, driven by rising consumer interest in healthy eating and increased demand from the food processing, cosmetics, and health food industries.

Walnut Market News

  • June 2024: Chilean walnut producer Quelen Fruit surpassed European Category 1 quality standards using TOMRA Food technology. The Merquén plant, a part of Quelen Fruit Holding, features a TOMRA Food processing line capable of handling various fruits, including walnuts. The 10,000-square-meter facility has an annual processing capacity of 6,000 metric tons of in-shell walnuts and 3,000 metric tons of shelled walnuts.
  • October 2022: In the United States, the Federal Crop Insurance Corporation (FCIC) has updated its walnut crop insurance regulations by eliminating the minimum acreage insurability requirement. This adjustment will bring walnut crop insurance in line with the insurability standards for other tree nut insurance policies.
  • January 2022: The Indian Ministry of Science and Technology has introduced innovations in walnut processing, such as a walnut cracking machine, along with a peeler, washer, and sorter. These advancements aim to streamline walnut production and alleviate the labor-intensive nature of walnut processing, a specialized occupation mainly found in the Union Territories of Jammu and Kashmir and Ladakh, as well as parts of Himachal Pradesh, Uttarakhand, Sikkim, and Arunachal Pradesh.

Walnut Market Report - Table of Contents

1. INTRODUCTION

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

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Government Support for Walnut Cultivation
    • 4.2.2 Higher Demand for Certified and Premium Walnuts in Emerging Markets
    • 4.2.3 Rising Demand for Plant-based Protein
  • 4.3 Market Restraints
    • 4.3.1 Water-Intensive Crop
    • 4.3.2 High Labor Costs and Harvesting Challenges
  • 4.4 Value Chain Analysis

5. MARKET SEGMENTATION

  • 5.1 Geography (Production Analysis by Volume, Consumption Analysis by Value and Volume, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis)
    • 5.1.1 North America
    • 5.1.1.1 United States
    • 5.1.1.2 Mexico
    • 5.1.2 Europe
    • 5.1.2.1 France
    • 5.1.2.2 Ukraine
    • 5.1.2.3 Germany
    • 5.1.2.4 Italy
    • 5.1.2.5 Spain
    • 5.1.2.6 Netherlands
    • 5.1.2.7 Moldova
    • 5.1.3 Asia-Pacific
    • 5.1.3.1 Japan
    • 5.1.3.2 China
    • 5.1.3.3 South Korea
    • 5.1.3.4 Australia
    • 5.1.3.5 India
    • 5.1.3.6 Turkey
    • 5.1.4 South America
    • 5.1.4.1 Chile
    • 5.1.4.2 Brazil
    • 5.1.4.3 Peru
    • 5.1.5 Middle East and Africa
    • 5.1.5.1 Iran
    • 5.1.5.2 Turkey
    • 5.1.5.3 Egypt

6. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Walnut Industry Segmentation

Walnuts are round, single-seeded stone fruits that grow from walnut trees. The walnut market is segmented by geography (North America, South America, Europe, Asia-Pacific, and Middle-East and Africa). The report provides the production analysis (volume), consumption analysis (value and volume), export analysis (value and volume), import analysis (value and volume), and price trend analysis. The report also offers the market size and forecasts in terms of value in USD and volume in metric tons for the above-mentioned segments.

Geography (Production Analysis by Volume, Consumption Analysis by Value and Volume, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis) North America United States
Mexico
Europe France
Ukraine
Germany
Italy
Spain
Netherlands
Moldova
Asia-Pacific Japan
China
South Korea
Australia
India
Turkey
South America Chile
Brazil
Peru
Middle East and Africa Iran
Turkey
Egypt
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Walnut Market Research FAQs

How big is the Walnut Market?

The Walnut Market size is expected to reach USD 9.26 billion in 2025 and grow at a CAGR of 4.90% to reach USD 11.77 billion by 2030.

What is the current Walnut Market size?

In 2025, the Walnut Market size is expected to reach USD 9.26 billion.

Which is the fastest growing region in Walnut Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Walnut Market?

In 2025, the Asia-Pacific accounts for the largest market share in Walnut Market.

What years does this Walnut Market cover, and what was the market size in 2024?

In 2024, the Walnut Market size was estimated at USD 8.81 billion. The report covers the Walnut Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Walnut Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Walnut Industry Report

Statistics for the 2025 Walnut market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Walnut analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Walnut Market Report Snapshots