Global Chestnut Market Expected to Reach USD 5.0 Billion by 2033 - IMARC Group

Global Chestnut Market Statistics, Outlook and Regional Analysis 2025-2033

The global chestnut market size was valued at USD 3.8 Billion in 2024, and it is expected to reach USD 5.0 Billion by 2033, exhibiting a growth rate (CAGR) of 3.1% from 2025 to 2033.

The chestnut market is experiencing significant growth mainly driven by the rise in consumer demand for nutritious and versatile food products. Chestnuts are valued for their health benefits including being rich in vitamins, antioxidants, and fibre which cater to the rising preference for functional foods. The surge in vegan and gluten free diets has also propelled the demand as chestnuts are a natural source of gluten free flour and plant-based nutrition. Expanding applications in bakery products, snacks, and confectionery further contribute to the market growth. The rising awareness about sustainable agricultural practices has encouraged chestnut cultivation due to its low environmental impact thereby enhancing its appeal in eco-conscious markets. For instance, in December 2023, the FAO launched “One Country, One Priority Product” program in Albania to enhance sustainable chestnut production in northern Tropoja. Mainly focused on economic growth and community empowerment. The project aims to strengthen chestnut value chains while addressing environmental challenges and promoting local consumption through festivals and cultural initiatives.

The rising global interest in traditional and ethnic cuisines is further boosting the popularity of chestnuts mainly in Asian and European markets where they hold cultural significance. Innovations in chestnut processing such as ready to eat packaging and long shelf-life products are also making them more accessible to consumers across the world. Ecommerce platforms are playing a significant role enabling a wider market reach for chestnut based products. According to industry reports, global ecommerce is projected to be worth USD 6.3 trillion by 2024. The rising adoption of organic and non-GMO labeling is attracting health-conscious consumers. With the increasing urbanization chestnut snacks and convenience foods are becoming popular aligning with the growing demand for on-the-go nutritious options. These trends indicate robust growth prospects for chestnut market across the world.

Global Chestnut Market Statistics, By Region

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific accounted for the largest market share due to its favorable climate for cultivation, high production volumes, strong domestic demand, established distribution networks and increasing exports to global markets.

Asia-Pacific Chestnut Market Trends:

Key trends in Asia Pacific chestnut market include a rising consumer preference for healthy and the natural snacks boosting the demand for chestnut products. There is also a growing focus on organic and sustainable cultivation practices which reflects environmental awareness. Technological advancements in farming and processing are enhancing yield and quality of chestnuts across the region. The expansion of ecommerce channels is making chestnuts more accessible to a broader audience. Growing export opportunities and incorporation of chestnuts into diverse culinary applications further drive its market growth in the region. For instance, in August 2024, Mister Donut launched its first-ever chestnut donuts alongside its popular sweet potato varieties in Japan. The chain introduced the Kuri-do series with chestnut-flavored options and sweet potato donuts.

North America Chestnut Market Trends:

In the North American region, chestnut market is witnessing significant growth mainly due to the rising consumer preference for healthy, vegan and gluten free foods. Rising interest in chestnut based snacks, flour and ready to eat products is further driving the demand. Organic and sustainably sourced chestnut are gaining significant popularity supported by growing awareness of environmental sustainability. Ecommerce channels further enhance accessibility thereby fueling market expansion across the region.

Europe Chestnut Market Trends:

The European chestnut market is witnessing significant growth through rising demand for organic and sustainably sourced products mainly driven by health-conscious consumers. Traditional uses in seasonal dishes and festive cuisines remain strong while innovations in chestnut based snacks and flour cater to modern dietary trends like gluten free and vegan diets. Expanding ecommerce platforms across the region further support the market access and distribution.

Latin America Chestnut Market Trends:

In Latin America, chestnut market is witnessing significant growth mainly driven by the rising awareness of its nutritional benefits and rising demand for vegan and gluten free foods. The expansion of sustainable farming practices and organic certifications is appealing to eco conscious consumers. The growing popularity of traditional chestnut based recipes and exports to global markets are propelling the region’s chestnut trade.

Middle East and Africa Chestnut Market Trends:

The market is witnessing significant growth mainly driven by the rising consumer awareness of health focused diets and incorporation of chestnuts in traditional cuisines. Increase in imports mainly from Europe and Asia are meeting the demand while the growth of modern retail and ecommerce platforms is enhancing the chestnuts accessibility. Organic and sustainably sourced chestnut products are gaining significant popularity among health-conscious consumers across the region.

Top Companies Leading in the Chestnut Industry

Some of the leading chestnut market companies include Chengde Shenli Food Co. Ltd., Chestnut Growers Inc., Qinhuangdao Yanshan Chestnut Food Co. Ltd., Roland Foods LLC, Royal Nut Company, Shandong Maria Food Co. Ltd, Shandong Zhifeng Foodstuffs Co. Ltd, V. Besana Spa, among many others. In April 2024, Japanese confectionery company Shinkinedo launched its chestnut-based hair care line Chetna in 14 countries via Amazon. The products made from upcycled chestnut skin rich in polyphenols aim to promote sustainable beauty.

Global Chestnut Market Segmentation Coverage

• On the basis of the species type, the market has been categorized into American chestnut, Chinese chestnut, European chestnut, and Japanese chestnut, wherein Chinese chestnut represent the leading segment. The Chinese chestnut dominates the chestnut market owing to its widespread cultivation, high yield and adaptability to diverse climates. Known for its sweet flavor and versatile applications it is extensively used in snacks, confectionery and traditional cuisines.
• Based on the distribution, the market is segregated into food and beverage industry, food service, retail and others. The food and beverage industry drives significant demand for chestnuts leveraging their nutritional value and versatility. The food service sector incorporates chestnuts in diverse dishes including soups, desserts and traditional recipes appealing to health-conscious diners. Retail distribution caters to growing consumer demand for convenient chestnut products such as pre-packaged and ready-to-eat options.

Browse IMARC Related Reports on Chestnut Market:

• United States Chestnut Market Report