A recent report published by Infinium Global Research on walnut oil market provides an in-depth analysis of segments and sub-segments in the global as well as the regional walnut oil market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional walnut oil market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global walnut oil market. According to the report, the global walnut oil market is projected to grow at a CAGR of 5.3% over the forecast period of 2019-2025.
Walnut oil is an excellent supplement for health and beauty. It is obtained by solvent extraction method or a cold-pressing method. The walnut oil is enriched with Omega 3 essential fatty acids which excellent for skincare use. The mineral constituents of the oil contain iron, zinc, sodium, selenium, calcium, magnesium and phosphorus that gives great emollient properties helps to make skin feel smooth and soft. Owing to the health benefits walnut oil consumption has increased with a significant rate all over the globe.
The rising demand in the cosmetics and personal care sector for walnut oil is one of the major factor driving the growth of the market. Owing to the presence of large nutritional constituents walnut oil is getting heavily adopted in the skincare sector. Furthermore, the growing use of walnut oil as a nutritional supplement is also contributing to the growth of the market. Walnut oil is enriched with omega-3, omega-9, and omega-6 fatty acids that have great nutritional importance. On the other hand, the high processing cost of walnut oil is the major restraint for the market growth. This results in the higher price of walnut oil and gives preference to the other oils in the customer purchase list. However, increased awareness about the health benefits of walnut oil will provide better market growth opportunities over the forecast period.
Based on the region, the walnut oil market is categorized into North America, Europe, Asia Pacific, and RoW. North America is predicted to dominate the global walnut oil market in the forecast period. Growing awareness about the benefits of walnut oil and large consumer pool is contributing to the growth of the market in this region. While the Asia Pacific is the major market for walnut oil, presence of largest walnut oil-producing countries such as China and heavy consumption of this product in the various sector within the region is the major factor for the growth of the market. Europe regional market is projected to grow at a relatively higher growth rate over the forecast period, due to the growing awareness among consumers about the health benefits of walnut oil.
The report on global walnut oil market covers segments such as nature, and end-user. On the basis of nature, the sub-markets include organic, and conventional. On the basis of end-user, the sub-markets include food & beverages, cosmetics & personal care, aromatherapy, pharmaceuticals, and other applications.
The report provides profiles of the companies in the market such as La Tourangelle, La Nogalera walnut oil, Proteco, Aromex Industry, Yunnan Guzhiji Nutriment, Shuda Group, Yunnan Huizhiyuan, Shanghai Rongshi, and Other Companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of walnut oil market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.