Due to high demand and the value of market research for the success of different sectors, Walnut Ingredients Market report has been prepared by covering many work areas. This is a professional and a complete report focusing on primary and secondary drivers, market share, competitor analysis, leading segments and geographical analysis. This Walnut Ingredients Market report lets you know that how the market is going to perform in the forecast years by giving you information about market definition, classifications, applications, and engagements. Few of the features such as objectivity have been kept at the centre while obtaining the best result via this Walnut Ingredients Market report for Food and beverage industry.
Global walnut ingredients market is growing at a steady CAGR of 4.3 % during the forecast period of 2019 to 2026 due to rising population ready to pay for healthy food.
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Market Definition: Global Walnut Ingredients Market
Walnuts are derived from walnut tree. Walnuts comprise excellent fats, including monounsaturated and polyunsaturated fats (PUFAs), but are also a precious vegetarian source of vital omega-3 fatty acid. In addition, they contain iron, selenium, calcium, zinc, vitamin E and some vitamins B. They are also used to create walnut oil — a costly gastronomic oil often used in salad dressings. There is a number of health advantages associated with walnuts. They were correlated with decreased danger of cardiovascular disease and cancer and enhanced brain function.
- Increased consumption of healthy food is expected to propel the market growth
- Growing demand for convenience food helps to boost the market
- Innovation of packaging is driving the growth of the market
- Rising population ready to pay for healthy food is spurring the market growth
- Lack of vertical integration from manufacturers is hampering the market growth
- Severe competition from manufacturers downsizes the market growth
- Fluctuation in price of walnut is likely to hinder the market growth
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Segmentation: Global Walnut Ingredients Market
By Product Type
- Black Walnuts
- English Walnuts
By End Use
- Food Industry
- Snacks and Spreads
- Sauces and Dressings
- Bakery and Confectionary
- Personal Care and Cosmetics
- Food Industry
Key Developments in the Market:
- In March 2019, Blue Diamond Growers has launched Almonds & Fruit. Almonds & Fruit elevates the snacking category with California-grown almonds perfectly combined with premium dried fruit and wealthy seasonings. This launch helps the company to extend their portfolio
- In August 2017, Nestlé launched Walnut. This new line product is launched to cater broader range of customers from various segments. This development helps the company to attract new customers and increase revenue
Global walnut ingredients market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of walnut ingredients market for Global, Europe, North America, Asia-Pacific and South America.
Major Market Competitors/Players
Few of the major competitors currently working in the global walnut ingredients market are Archer Daniels Midland Company, Barry Callebaut, Olam International, Blue Diamond Growers, Kanegrade Ltd, Mariani Nut Company, Bergin Fruit and Nut Company, Fruisec, LBNUTS AG, Royal Nut Company, Terri Lynn, H.B.S. Foods Ltd., Poindexter Nut Company, Kashmir Walnut Group, GoldRiver Orchards, Inc., Borges India Private Limited, California Walnut Company, Pepinoix, Sacramento Valley Walnut Growers LLC among others.
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