Global Walnut Oil Market 2017-2021

Overview of the global walnut oil market

This market research analysis identifies the large number of benefits associated with walnut oil as one of the primary growth factors for the walnut oil market. Consumers increasingly prefer walnut oil due to their several nutritional benefits such as dietary source of essential fatty acids and antioxidants and reduced risk of cardiovascular diseases. Additionally, walnut oil also boosts blood vessel functioning and reduces belly fat. Moreover, the oil also beneficial to hair and skin as it prevents hair loss and dandruff, promotes hair growth, and treats several skin diseases. Technavio’s market research analysts estimate that this market will grow steadily at a CAGR of around 5% by 2021.

The increasing demand for artisanal oils is identified as one of the key trends behind the growth of the walnut oil market. Consumers are increasingly demanding artisanal oils as these products are made using traditional methods or are handcrafted. The demand for traditional products and handcrafted goods is steadily increasing among the consumers. Artisanal products are increasingly gaining preference with the consumers and are regarded as authentic and of high-quality. The artisanal oils are produced in small batches. The rising demand for artisanal oils is encouraging several culinary oil manufacturers to produce artisanal oils to cater to customer demands.

Competitive landscape and key vendors

The walnut oil market is fragmented due to the presence of several international and regional vendors competing based on factors such as price, quality, innovation, packaging, reputation, marketing channels, and distribution. The market is intensely competitive due to the rapid technological changes and changing consumer preferences. Factors such as changing consumer spending pattern, consumer tastes, regional and local economic conditions, and changing demographic trends will affect the performance of the vendors in this marketspace.

The leading vendors in the market are -

• Huilerie Artisanale J. LEBLANC et fils
• La Tourangelle
• Roland Foods

The other prominent vendors in the market are Aromex Industry, Beauty Aura, Best Natures Cosmetic, BIO PLANÈTE, BIOPURUS, Byodo, Caloy, Chelsea Classical Studio Fine Art Materials, Clearspring, CORKY'S NUTS, Dr. Adorable, Hain Celestial, Higher Nature, JBX (Bio Island), Ol'Vita, Potash Farm, Prano Flax (India), Proteco, Raw Living, Sun & Seed, Swanson Health Products, and Vitamin King.

Segmentation by manufacturing process and analysis of the walnut oil market

• Cold-pressed walnut oil
• Expeller-pressed walnut oil

The cold-pressed walnut oil is increasingly preferred by the consumers for cooking and skin care applications. The cold-pressed process is regulated by a temperature-controlled setting that prevents heat exposure from changing the flavor, aroma, and nutritional value of the oil.

Segmentation by end user and analysis of the walnut oil market

• Industrial end user
• Retail end user

The industrial usage of walnut oil is steadily increasing in several industrial applications such as art, cosmetics, wood finish applications, food contact finishing applications, and power generation applications. According to this market research analysis, this sector will be the major end user to the walnut oil market.

Key questions answered in the report include

• What will the global walnut oil market size and growth rate be in 2021?
• What are the key factors driving the global walnut oil market?
• What are the key market trends impacting the growth of the global walnut oil market?
• What are the challenges to market growth?
• Who are the key vendors in the global walnut oil market?
• What are the market opportunities and threats faced by the vendors in the global walnut oil market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global walnut oil market?

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