Chestnut Market Size – By Species (European Chestnut, American Chestnut, Chinese Chestnut, Japanese Chestnut and Hybrid Varieties), By Form (Fresh Chestnuts, Frozen Chestnuts, Dried Chestnuts, Roasted Chestnuts, and Others), By Application (Food and Beverage, Cosmetic and Others), By Distribution Channel (Direct Sales, Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, Online Retail and Foodservice) & Region – Global Forecasts 2024 - 2034.
- PUBLISHED ON
- 2024-09-24
- NO OF PAGES
- 320
- CATEGORY
- Food & Beverages
Market Overview
The Chestnut market is predicted to develop at a compound annual growth rate (CAGR) of 3.3% from 2024 to 2034, when it is projected to reach USD 5,376.43 Million in 2034, based on an average growth pattern. The market is estimated to reach a value of USD 3,824.27 Million in 2024.
SOURCE: We Market Research
The global
chestnut market refers to the production, trade, and consumption of chestnuts
(Castanea spp.) across different regions of the world. Chestnuts are a type of
nut that belong to the genus Castanea, and they are grown primarily for their
edible seeds. The market encompasses the entire supply chain, from chestnut
cultivation and harvesting to processing, distribution, and consumption.
The global
chestnut market has seen significant growth in recent years, driven by
increasing consumer awareness about the health benefits of chestnuts and
growing demand in various industries like food, cosmetics, and pharmaceuticals.
The global chestnut market is poised for steady growth, with increasing demand
across both developed and emerging markets, driven by consumer preferences for
healthy, sustainable, and plant-based foods.
Market Scope
|
Report Attributes |
Description |
|
Market Size in 2024 |
USD 3,824.27 Million |
|
Market
Forecast in 2034 |
USD 5,376.43 Million |
|
CAGR % 2024-2034 |
3.3% |
|
Base
Year |
2023 |
|
Historic Data |
2016-2022 |
|
Forecast
Period |
2024-2034 |
|
Report USP
|
Production,
Consumption, company share, company heatmap, company production capacity,
growth factors and more |
|
Segments
Covered |
By Species,
By Form, By Distribution Channel, By Application and By Region |
|
Regional Scope |
North America,
Europe, APAC, South America and Middle East and Africa |
|
Country
Scope |
U.S.; Canada;
U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia;
China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico;
Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Chestnut Industry:
Dynamics & Restrains
Market opportunity:
We Market
Research: Chestnut Dashboard
Our marketing platform offers a comprehensive dashboard that provides clients with valuable insights into market trends over the years. Included below is a sample image of our dashboard, and specific PDF logins will be furnished to grant access to this insightful tool.
Chestnut Segmentation
Market- By Species Analysis
By Species, the Chestnut
market is categories into European Chestnut, American Chestnut, Chinese
Chestnut, Japanese Chestnut and Hybrid Varieties. Chinese Chestnut segments dominate
the market with the largest share, accounting for over 77% of the market in
2023. Chinese chestnut is the most widely produced and consumed chestnut
species globally. It is known for its high yield, adaptability to various
climates, and relatively lower cost of production. The large share of the
market is driven by China's dominance in both production and consumption.
The
following segments are part of an in-depth analysis of the global Chestnut
market:
|
Market Segments |
|
|
By
Species |
·
European Chestnut ·
American Chestnut ·
Chinese Chestnut ·
Japanese Chestnut ·
Hybrid Varieties |
|
By Form |
·
Fresh Chestnuts ·
Frozen Chestnuts ·
Dried Chestnuts ·
Roasted Chestnuts ·
Others |
|
By Application |
·
Food and Beverage ·
Cosmetic ·
Others |
|
By Distribution
Channel |
·
Direct Sales ·
Supermarkets/Hypermarkets ·
Specialty Stores ·
Convenience Stores ·
Online Retail ·
Foodservice |
Chestnut Industry: Regional Analysis
Asia Pacific Market Forecast
Asia Pacific
dominates the global Chestnut market, accounting for around 63% of the market
share in 2023. Asia-Pacific is the dominant region in the global chestnut
market. China is the world's largest producer and consumer of chestnuts,
accounting for over 70% of global production. South Korea and Japan also have
significant chestnut consumption, with chestnuts being integral to traditional
cuisine and seasonal dishes.
North America Market Statistics
North America
has a smaller share of the global chestnut market compared to Asia-Pacific and
Europe. However, there is increasing interest in chestnuts due to their health
benefits and versatility. The U.S. is the main consumer in the region, with
growing demand for chestnut-based products and snacks.
Europe Market Forecasts
Europe is a
major market for chestnuts, particularly in Mediterranean countries where
chestnuts are used in a variety of traditional dishes and desserts. Italy,
Portugal, and Spain are key producers, and the demand for chestnuts is strong
during the holiday season. The region also has a growing interest in organic
and specialty chestnut products.
Middle East & Africa Market Statistics
The MEA region has a minor share in the global chestnut market. Turkey, which straddles both Europe and Asia, is a significant producer and exporter of chestnuts. The market in the rest of the MEA region is relatively small, but there is potential for growth as consumer awareness of chestnuts increases.
Key Market Players
The Chestnut Market is dominated by a few large
companies, such as
·
Olam International
·
Fiorini International
·
Castanea
·
Groupe Cazals
·
KDC/One
·
Chestnut Hill Farms
·
Marrone Bio Innovations
·
Dole Food Company
·
Other
1.
Global
Chestnut Market Introduction and Market Overview
1.1. Objectives of the Study
1.2. Global Chestnut Market Scope and
Market Estimation
1.2.1. Global Chestnut Overall Market
Size (US$ Bn), Market CAGR (%), Market forecast (2024 - 2034)
1.2.2. Global Chestnut Market Revenue
Share (%) and Growth Rate (Y-o-Y) from 2019 - 2034
1.3. Market Segmentation
1.3.1. Species of Global Chestnut
Market
1.3.2. Form of Global Chestnut Market
1.3.3. Application of Global Chestnut
Market
1.3.4. Distribution Channel of Global Chestnut
Market
1.3.5. Region of Global Chestnut Market
2.
Executive Summary
2.1. Demand Side Trends
2.2. Key Market Trends
2.3. Market Demand (US$ Bn) Analysis
2019 – 2023 and Forecast, 2024 – 2034
2.4. Demand and Opportunity
Assessment
2.5. Demand Supply Scenario
2.6. Market Dynamics
2.6.1. Drivers
2.6.2. Limitations
2.6.3. Opportunities
2.6.4. Impact Analysis of Drivers and
Restraints
2.7. Pricing Trends Analysis
2.8. Overview of Technology Developments
2.9. Porter’s Five Forces Analysis
2.9.1. Bargaining Power of Suppliers
2.9.2. Bargaining Power of Buyers
2.9.3. Threat of Substitutes
2.9.4. Threat of New Entrants
2.9.5. Competitive Rivalry
2.10. PEST Analysis
2.10.1. Political Factors
2.10.2. Economic Factors
2.10.3. Social Factors
2.10.4. Technology Factors
2.11. Value Chain / Ecosystem Analysis
2.12. Key Regulation
3.
Global Chestnut Market Estimates & Historical Trend Analysis (2019 - 2023)
4.
Global Chestnut Market Estimates & Forecast Trend Analysis, by
Species
4.1. Global Chestnut Market Revenue
(US$ Bn) Estimates and Forecasts, by Species, 2019 - 2034
4.1.1. European Chestnut
4.1.2. American Chestnut
4.1.3. Chinese Chestnut
4.1.4. Japanese Chestnut
4.1.5. Hybrid Varieties
5.
Global Chestnut Market Estimates & Forecast Trend Analysis, by
Form
5.1. Global Chestnut Market Revenue
(US$ Bn) Estimates and Forecasts, by Form, 2019 - 2034
5.1.1. Fresh Chestnuts
5.1.2. Frozen Chestnuts
5.1.3. Dried Chestnuts
5.1.4. Roasted Chestnuts
5.1.5. Others
6.
Global Chestnut Market Estimates & Forecast Trend Analysis, by
Application
6.1. Global Chestnut Market Revenue
(US$ Bn) Estimates and Forecasts, by Application, 2019 - 2034
6.1.1. Food and Beverage
6.1.2. Cosmetic
6.1.3. Others
7.
Global Chestnut Market Estimates & Forecast Trend Analysis, by
Distribution Channel
7.1. Global Chestnut Market Revenue
(US$ Bn) Estimates and Forecasts, by Distribution Channel, 2019 - 2034
7.1.1.Direct
Sales
7.1.2.Supermarkets/Hypermarkets
7.1.3.Specialty
Stores
7.1.4.Convenience
Stores
7.1.5.Online
Retail
7.1.6. Foodservice
8.
Global Chestnut Market Estimates & Forecast Trend Analysis,
by Region
8.1. Global Chestnut Market Revenue
(US$ Bn) Estimates and Forecasts, by Region, 2019 - 2034
8.1.1. North America
8.1.2. Eastern Europe
8.1.3. Western Europe
8.1.4. Asia Pacific
8.1.5. Middle East & Africa
8.1.6. Latin America
9.
North
America Chestnut Market: Estimates & Forecast Trend Analysis
9.1.
North
America Chestnut Market Assessments & Key Findings
9.1.1. North America Chestnut Market
Introduction
9.1.2. North America Chestnut Market
Size Estimates and Forecast (US$ Billion) (2019 - 2034)
9.1.2.1. By Species
9.1.2.2. By Form
9.1.2.3. By Distribution
Channel
9.1.2.4. By Application
9.1.2.5. By Country
9.1.2.5.1. The U.S.
9.1.2.5.2. Canada
9.1.2.5.3. Mexico
10. Western Europe Chestnut
Market: Estimates & Forecast Trend
Analysis
10.1. Western Europe Chestnut Market
Assessments & Key Findings
10.1.1. Western Europe Chestnut Market
Introduction
10.1.2. Western Europe Chestnut Market
Size Estimates and Forecast (US$ Billion) (2019 - 2034)
10.1.2.1. By Species
10.1.2.2. By Form
10.1.2.3. By Distribution
Channel
10.1.2.4. By Application
10.1.2.5. By Country
10.1.2.5.1.
Germany
10.1.2.5.2.
Italy
10.1.2.5.3.
U.K.
10.1.2.5.4.
France
10.1.2.5.5.
Spain
10.1.2.5.6.
Benelux
10.1.2.5.7.
Nordics
10.1.2.5.8. Rest
of W. Europe
11. Eastern Europe Chestnut
Market: Estimates & Forecast Trend
Analysis
11.1. Eastern Europe Chestnut Market
Assessments & Key Findings
11.1.1. Eastern Europe Chestnut Market
Introduction
11.1.2. Eastern Europe Chestnut Market
Size Estimates and Forecast (US$ Billion) (2019 - 2034)
11.1.2.1. By Species
11.1.2.2. By Form
11.1.2.3. By Distribution
Channel
11.1.2.4. By Application
11.1.2.5. By Country
11.1.2.5.1.
Russia
11.1.2.5.2.
Hungary
11.1.2.5.3.
Poland
11.1.2.5.4.
Balkan & Baltics
11.1.2.5.5. Rest of E. Europe
12. Asia Pacific Chestnut
Market: Estimates & Forecast Trend
Analysis
12.1. Asia Pacific Market Assessments
& Key Findings
12.1.1. Asia Pacific Chestnut Market
Introduction
12.1.2. Asia Pacific Chestnut Market
Size Estimates and Forecast (US$ Billion) (2019 - 2034)
12.1.2.1. By Species
12.1.2.2. By Form
12.1.2.3. By Distribution
Channel
12.1.2.4. By Application
12.1.2.5. By Country
12.1.2.5.1. China
12.1.2.5.2. Japan
12.1.2.5.3. India
12.1.2.5.4. Australia & New Zealand
12.1.2.5.5. South Korea
12.1.2.5.6. ASEAN
12.1.2.5.7. Rest of Asia Pacific
13. Middle East & Africa Chestnut
Market: Estimates & Forecast Trend
Analysis
13.1. Middle East & Africa Market
Assessments & Key Findings
13.1.1. Middle
East & Africa Chestnut
Market Introduction
13.1.2. Middle
East & Africa Chestnut
Market Size Estimates and Forecast (US$ Billion) (2019 - 2034)
13.1.2.1. By Species
13.1.2.2. By Form
13.1.2.3. By Distribution
Channel
13.1.2.4. By Application
13.1.2.5. By Country
13.1.2.5.1. UAE
13.1.2.5.2. Saudi
Arabia
13.1.2.5.3. Turkey
13.1.2.5.4. South
Africa
13.1.2.5.5. Rest of
MEA
14. Latin America
Chestnut Market: Estimates &
Forecast Trend Analysis
14.1. Latin America Market Assessments
& Key Findings
14.1.1. Latin America Chestnut Market
Introduction
14.1.2. Latin America Chestnut Market
Size Estimates and Forecast (US$ Billion) (2019 - 2034)
14.1.2.1. By Species
14.1.2.2. By Form
14.1.2.3. By Distribution
Channel
14.1.2.4. By Application
14.1.2.5. By Country
14.1.2.5.1. Brazil
14.1.2.5.2. Argentina
14.1.2.5.3. Colombia
14.1.2.5.4. Rest of
LATAM
15. Country Wise Market:
Introduction
16. Competition Landscape
16.1. Global Chestnut Market Product
Mapping
16.2. Global Chestnut Market
Concentration Analysis, by Leading Players / Innovators / Emerging Players /
New Entrants
16.3. Global Chestnut Market Tier
Structure Analysis
16.4. Global Chestnut Market
Concentration & Company Market Shares (%) Analysis, 2023
17. Company Profiles
17.1.
Olam International
17.1.1. Company Overview & Key Stats
17.1.2. Financial Performance & KPIs
17.1.3. Product Portfolio
17.1.4. SWOT Analysis
17.1.5. Business Strategy & Recent
Developments
* Similar details would be provided
for all the players mentioned below
17.2. Fiorini
International
17.3. Castanea
17.4. Groupe Cazals
17.5. KDC/One
17.6. Chestnut Hill Farms
17.7. Marrone Bio
Innovations
17.8. Dole Food Company
17.9. Others
18. Research
Methodology
18.1. External Transportations /
Databases
18.2. Internal Proprietary Database
18.3. Primary Research
18.4. Secondary Research
18.5. Assumptions
18.6. Limitations
18.7. Report FAQs
19. Research Findings & Conclusion
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Frequently Asked Questions
What is the market size of Chestnut Market in 2024?
Chestnut Market was valued at USD 3,824.27 Million in 2024.
What is the growth rate for the Chestnut Market?
Chestnut Market size will increase at approximate CAGR of 3.3% during the forecasted period.
Which are the top companies operating within the market?
Major companies operating within the market are Olam International, Fiorini International, Castanea, Groupe Cazals, KDC/One, Chestnut Hill Farms, Marrone Bio Innovations, Dole Food Company and others.
Which region dominates the Chestnut Market?
Asia Pacific dominates the market with an active share of 63%.
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