Chestnut Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Chestnuts are the edible nuts of the Castanea genus of plants and shrubs. They have a delectable, slightly sweet flavor and are quite versatile. They may be used in a number of recipes, including stuffing, salads, soups, bakery products, breakfast cereals, snacks, beverages, and more. Chestnuts come in a variety of shapes and sizes, yet they all have similar characteristics. The American chestnut, Chinese chestnut, Japanese or Korean chestnut, and European chestnut are the most prevalent kinds.

MARKET SCOPE

The "Global Chestnut Market Analysis to 2031" is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of the chestnut market with detailed market segmentation by product type, category, application, and geography. The report provides key statistics on the market status of the leading chestnut market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   On the basis of type, the market is segmented into American chestnut, Chinese chestnut, European chestnut, and Japanese chestnut.
  
•   On the basis of category, the market is segmented into organic and conventional.
  
•   On the basis of application, the market is segmented into bakery and confectionery, breakfast cereals, sweet and savoury snacks, beverages, and others.
  

MARKET DYNAMICS
Drivers:

•   Rising demand for chestnut as a key ingredient in various food products such as bakery and confectionery products, breakfast cereals, sweet and savoury snacks, beverages, among others is the factor primarily driving the market growth
  
•   Chestnuts are not only tasty, but also they are also high in nutrients that have been linked to a variety of health advantages. Improved heart health, intestinal health, blood sugar management, and more are among them. Thus, rising importance of health benefits of chestnuts amongst the people is also driving the utilization of chestnuts in various food products which is propelling the market growth
  
•   Moreover, rising health-consciousness amongst the people is further expected to drive the demand for chestnuts over the forecast period.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The chestnut market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the chestnut market in these regions.

IMPACT OF COVID-19 ON CHESTNUT MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products.

Chestnut Market Report Analysis

Chestnut Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• Blue Diamond Growers
• Diamond Foods, LLC
• Farm Breeze International LLC.
• GNC Global Nut Company AG
• John B. Sanfilippo and Son, Inc.
• Mariani Nut Co.
• Olam International
• Select Harvests Ltd
• Waterford Nut Company

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Type

• American Chestnut
• Chinese Chestnut
• European Chestnut
• Japanese Chestnut

By Category

• Organic
• Conventional

By Application

• Bakery and Confectionery
• Breakfast Cereals
• Sweet and Savory Snacks
• Beverages

MARKET PLAYERS

The report covers key developments in the chestnut market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from chestnut market are anticipated to lucrative growth opportunities in the future with the rising demand for chestnut in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the chestnut market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Blue Diamond Growers
  
•   Diamond Foods, LLC
  
•   Farm Breeze International LLC.
  
•   GNC Global Nut Company AG
  
•   John B. Sanfilippo and Son, Inc.
  
•   Mariani Nut Co.
  
•   Olam International
  
•   Select Harvests Ltd
  
•   Waterford Nut Company
  
•   Roland Foods LLC
  
•   SupHerb Farms
  
•   M'Lord Excellent
  
•   Swapna Flour Mills Limited
  
•   ConAgra Foods Inc.
  
•   JFC International Inc.
  
•   Windmill Organics Ltd.
  
•   Treeborn
  
•   ADM
  
•   Royal Nut Company
  
•   Bakery Bills Ltd.
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Chestnut Market Report Scope