Global Walnut Oil Market, By Application (Nutritional Supplements, Cosmetic Products, Aromatherapy and Others, Distribution Channel (Online Retail, Supermarkets/Hypermarkets and Specialty Stores), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Walnut Oil Market
Global walnut oil market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 1.28 billion by 2027 growing at a CAGR of 5.75% in the above-mentioned forecast period.
Walnut oil is one of the edible oils that can be obtained from seed seeds by cold pressing or solvent extraction. Walnut oil is a good source of omega-3 fatty acids, which are excellent for skin care. This oil is also used for to make or process hair oil, wood finishing oil, and for various cooking purposes. It has a nutty taste, making it good base oil for massage or aromatherapy. Additionally, it is used as a cosmetic ingredient in various skin care products due to its anti-oxidant properties.
The most common nut oil species is Juglans regia, also known as English walnut or walnut. Walnut oil has all the health, beauty and housing available in the market. Walnut oil preparation is accomplished by solvent extraction method or cold-pressure method. This oil is rich in omega-3 essential fatty acids, which is excellent for skin care use. Minerals in walnuts include iron, zinc, sodium, selenium, calcium, magnesium and phosphorus. Oil has properties that soften the skin. Other skin benefits, such as protection from free radical damage, are due to its antioxidant properties. Therefore, the market demand for walnut oil from skincare products is high. Walnut oil also eliminates fungal infections such as ringworm and athlete's foot. Walnut oil is quick dryer oil, so it is an excellent choice for body massage, giving it a comfortable soothing feel and is gentle to use.
The growing demand for walnut oil in the personal care and cosmetics sector is another factor driving the growth of the global walnut market over the next ten years. The walnut oil industry has a wide variety of applications in the industry, such as cholesterol, and its properties are expected to increase in the global market due to its anti-oxidant properties. In addition, the increased emphasis on nut-based products in individuals, lifestyle changes and high cost efficiency are other factors that are expected to contribute to the global market's revenue growth in the coming years.
However, the high cost of the product and the lack of raw materials are major factors that will hinder global market growth over the forecast period.
This walnut oil market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research walnut oil market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Walnut Oil Market Scope and Market Size
Walnut oil market is segmented on the basis of application and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of application, the walnut oil market is segmented into Nutritional Supplements, Cosmetic Products, Aromatherapy and Others. Others are further segmented into wood finish and paint thinners).
- On the basis of distribution channel, the walnut oil market is segmented into online retail, supermarkets/hypermarkets and specialty stores.
Global Walnut Oil Market Country Level Analysis
Walnut oil market is analyses and market size, volume information is provided by country, application and distribution channel as referenced above.
The countries covered in the walnut oil market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA)
North America dominates the walnut oil market in the forecast period 2020 to 2027 owing to increasing adoption of walnut oil in cosmetic industry and presence of major operating player in the U.S. and Canada.
The country section of the walnut oil market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Walnut Oil Market Share Analysis
Walnut oil market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to walnut oil market.
The major players covered in the walnut oil market report are La Tourangelle , La Nogalera walnut oil, Proteco , Aromex Industry , Yunnan Guzhiji Nutriment , Shuda Group , Yunnan Huizhiyuan , Shanghai Rongshi, Hebei Sanli among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
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