GCC Walnut Market

Market Overview:

The GCC walnut market size is projected to exhibit a growth rate (CAGR) of 5% during 2024-2032. The growing consumption to maintain strong and healthy bones, increasing adoption of walnuts to improve hair growth and promote skin elasticity, and wide availability through online and offline distribution channels represent some of the key factors driving the market.

Walnut is a popular nut that is derived from the walnut tree, known as Juglans regia, which is native to the temperate regions of the world. It is a hard and shell-like husk from the outside and has an edible kernel or seed inside with a rich flavor. It is a rich source of omega-3 fatty acids, antioxidants, vitamins, and minerals. It is widely available in various forms, such as whole, chopped, or ground, and is a popular ingredient in a wide range of cuisines. It reduces inflammation and may lower the risk of heart disease by improving cholesterol levels and promoting healthy blood vessels. It assists in enhancing cognitive function, improving memory, and supporting the brain development of individuals. It aids in combating oxidative stress, neutralizing free radicals, and protecting cells from damage. Besides this, it is beneficial in weight management by keeping a feeling of fullness. As it helps in supporting healthy digestion and enhancing the immune function of individuals, the demand for walnut is rising in the GCC region. 

GCC Walnut Market Trends:

At present, the increasing demand for walnuts among health-conscious consumers represents one of the major factors influencing the market positively in the GCC region. Moreover, the rising consumption of walnuts, as they benefit in reducing the risk of various chronic diseases, such as diabetes, cardiovascular diseases, and cancer, among individuals is strengthening the growth of the market in the region. Apart from this, the growing demand for walnuts due to the increasing consumer focus on healthy food products that offer essential nutrients to the body is offering a positive market outlook. Additionally, the rising utilization of walnuts in several food dishes, such as salads, desserts, and baked goods, is offering lucrative growth opportunities to industry investors in the GCC region. In line with this, the increasing adoption of walnuts to improve hair growth and promote skin elasticity is impelling the growth of the market. Besides this, there is a rise in the demand for high-quality walnuts among the masses. This, coupled with the increasing adoption of walnuts, as they alleviate inflammation-related conditions and improve joint health, is contributing to the growth of the market in the GCC region. In addition, the wide availability of walnuts through various distribution channels, such as supermarkets, hypermarkets, and convenience and online stores, in the region is bolstering the growth of the market. Furthermore, the increasing consumption of walnuts to maintain strong and healthy bones among individuals is supporting the growth of the market in the GCC region.    

GCC Walnut Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the GCC walnut market report, along with forecasts at the regional and country levels for 2024-2032. Our report has categorized the market based on type, product, nature, form, and end use.

Type Insights:

• In-shell
• Shelled
   

The report has provided a detailed breakup and analysis of the market based on the type. This includes in-shell and shelled.

Product Insights:

• Persian or English Walnut
• Black Walnut
   

A detailed breakup and analysis of the market based on the product has also been provided in the report. This includes Persian or English walnut and black walnut.

Nature Insights:

• Organic
• Conventional
   

A detailed breakup and analysis of the market based on the nature has also been provided in the report. This includes organic and conventional.

Form Insights:

• Raw
• Processed
   

A detailed breakup and analysis of the market based on the form has also been provided in the report. This includes raw and processed.

End Use Insights:

• Household
• Industrial
• Personal Care and Cosmetics
• Others
   

A detailed breakup and analysis of the market based on the end use has also been provided in the report. This includes household, industrial, personal care and cosmetics, and others.

Country Insights:

• Saudi Arabia
• UAE
• Qatar
• Bahrain
• Kuwait
• Oman
   

The report has also provided a comprehensive analysis of all the major regional markets, which include Saudi Arabia, the UAE, Qatar, Bahrain, Kuwait, and Oman.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

GCC Walnut Market Report Coverage:

Key Questions Answered in This Report:

• How has the GCC walnut market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the GCC walnut market?
• What is the breakup of the GCC walnut market on the basis of type?
• What is the breakup of the GCC walnut market on the basis of product?
• What is the breakup of the GCC walnut market on the basis of nature?
• What is the breakup of the GCC walnut market on the basis of form?
• What is the breakup of the GCC walnut market on the basis of end use?
• What are the various stages in the value chain of the GCC walnut market?
• What are the key driving factors and challenges in the GCC walnut market?
• What is the structure of the GCC walnut market and who are the key players?
• What is the degree of competition in the GCC walnut market?

Key Benefits for Stakeholders:

• IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the GCC walnut market from 2018-2032.
• The research study provides the latest information on the market drivers, challenges, and opportunities in the GCC walnut market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the GCC walnut industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.