Chestnut Market Overview
The Chestnut is anticipated to
grow significantly from 2025 to 2035, driven by driven by increasing consumer
demand for nutritious and versatile food products. By 2025, the market is
projected to reach a value of around USD 4.25 Billion. Looking ahead to 2035,
it is expected to expand further to about USD 5.46 Billion. This represents an
annual growth rate of 3.1% over the ten-year period.
The Global Chestnut Market
industry analysis refers to the production, processing, distribution, and consumption
of chestnuts (Castanea species) across different regions worldwide. This market
is influenced by factors such as climatic conditions, agricultural practices,
dietary trends, and consumer preferences for natural and nutritious food
products. The Asia-Pacific region, particularly China, dominates the global
chestnut market in both production and consumption, while Europe (Italy, Spain,
France, Portugal, and Greece) plays a significant role in high-quality chestnut
exports. The market is driven by rising demand for gluten-free and plant-based
foods, increasing health consciousness, and culinary applications. However,
challenges like climate change impacts and supply chain disruptions affect its
growth.
The chestnut market revenue is
expected to continue its growth trajectory, supported by the increasing
popularity of plant-based diets and the demand for gluten-free products.
However, producers must address challenges such as climate change impacts and
supply chain disruptions to sustain this growth. Extreme weather conditions
have adversely affected chestnut production in certain regions. For instance,
Greece experienced a significant decline in its chestnut harvest in 2024 due to
severe drought and heat, with production dropping by approximately 50% compared
to the average of the past five years.
Chestnut Market Drivers and Opportunities
Growing Demand for Healthy and Functional Foods is anticipated
to lift the Chestnut market during the forecast period
The global chestnut market is
experiencing notable growth, primarily driven by increasing consumer demand for
healthy and nutritional foods. This trend is reflected in the market's
expansion from approximately USD 4.28 billion in 2025 to a projected USD 5.46
billion by 2035, with a compound annual growth rate (CAGR) of 3.1% during the
said period. Chestnuts are distinguished from other nuts by their unique
nutritional composition. They are low in fat and high in carbohydrates, making
them a favorable option for health-conscious consumers. Additionally, chestnuts
are gluten-free, rich in dietary fiber, and contain essential vitamins and
minerals such as vitamin C, potassium, and magnesium. This nutritional profile
aligns with the growing consumer preference for foods that support heart
health, digestive wellness, and overall well-being. Chestnuts' versatility
allows their incorporation into various culinary applications, from traditional
dishes to modern recipes. Their unique flavor and texture have led to increased
usage in the food processing industry, including bakery and confectionery
products, thereby broadening their appeal across different cuisines.
Rising Popularity of Plant-Based and Vegan Diets is a
vital driver for influencing the growth of the global Chestnut market
The rising popularity of
plant-based and vegan diets is significantly influencing the global chestnut
market. As consumers increasingly seek nutritious and sustainable food options,
chestnuts have emerged as a favored choice due to their rich nutrient profile
and versatility in plant-based applications. Chestnuts serve as a natural
alternative for plant-based consumers seeking nutrient-dense and sustainable
food sources. Chestnut flour is gaining traction as a gluten-free alternative
in baking and food processing. The rise of flexitarian diets, where individuals
primarily consume plant-based foods while occasionally incorporating animal
products, has broadened the appeal of plant-based foods. This trend has led to
increased consumption of chestnut-based products among a wider audience.
Chestnut flour is gaining popularity as a gluten-free alternative in baking and
cooking, catering to consumers with gluten sensitivities and those seeking
diverse plant-based options. The versatility of chestnuts allows their incorporation
into various plant-based dishes, including snacks, desserts, and meatsubstitutes, enhancing their appeal among vegan and vegetarian consumers.
Increased Agricultural Production and Technological
Advancements are poised to create significant opportunities in the global
chestnut market
China stands as the world's
leading chestnut producer, with an annual output of approximately 1.7 million
tonnes. In 2023, China's chestnut exports experienced a 10.1% increase, rising
from US$291.5 million in 2022 to US$320.9 million. In Europe, countries like
Spain and Portugal have also seen growth in chestnut production. Portugal, for
instance, experienced minor growth in chestnut exports in 2023, contributing to
the region's supply. Advancements in genetic research have led to the
development of disease-resistant chestnut varieties. In the United States,
researchers at the State University of New York have engineered the
blight-resistant American chestnut, known as Darling58, aiming to restore this
once-prevalent species. Additionally, the Food and Agriculture Organization
(FAO) launched the "One Country, One Priority Product" program in
December 2023, focusing on enhancing sustainable chestnut production in
Albania's northern Tropoja region. This initiative emphasizes the integration
of modern agricultural techniques to boost yield and quality. The combination
of increased production and technological innovation is expected to meet the
rising global demand for chestnuts, particularly in regions where they are a
dietary staple. The expansion of e-commerce platforms further facilitates
market access, enabling producers to reach a broader consumer base.
Chestnut Market Scope
Report
Attributes |
Description |
Market Size in 2025 |
USD 4.28 Billion |
Market
Forecast in 2035 |
USD 5.46
Billion |
CAGR % 2025-2035 |
3.1% |
Base
Year |
2024 |
Historic Data |
2020-2024 |
Forecast
Period |
2025-2035 |
Report USP
|
Production, Consumption, company
share, company heatmap, company production capacity, growth factors and more |
Segments
Covered |
|
Regional Scope |
|
Country
Scope |
|
Chestnut Market Report Segmentation Analysis
The Global Chestnut Market industry
analysis is segmented into by Product Type, by Form, by End-use, By Distribution
Channel and by Region.
By Product Type, the Chestnut market
is segmented into American Chestnut, Chinese Chestnut, European Chestnut and
Japanese Chestnut. Chinese Chestnut dominates the global market, holding
approximately 38% of the market share. The prominence of the Chinese Chestnut
is largely due to China's substantial production capacity, which significantly
influences global supply.
On the basis of Form, the market
is bifurcated into Fresh Chestnuts and Processed Chestnuts. The preference for
fresh chestnuts is particularly strong in regions where traditional culinary
practices involve their use, such as in various Asian and European cuisines.
The high market share of fresh chestnuts is also influenced by cultural factors
and seasonal consumption patterns, especially during festivals and holidays.
Based on End-use, the Chestnut
market is segmented into Food & Beverages, Animal Feed, Pharmaceutical
& Nutraceuticals and Cosmetics & Personal Care. The prominence of the
Food & Beverages sector is attributed to the versatile use of chestnuts in
various culinary applications. Chestnuts are incorporated into a wide range of
products, including baked goods, confectioneries, and traditional dishes across
different cultures. Their nutritional benefits, such as being rich in vitamins,
minerals, and antioxidants, further enhance their appeal in health-conscious
consumer markets.
In terms of Distribution Channel,
the Chestnut market is segmented into Supermarkets/Hypermarkets, Convenience
Stores, Specialty Stores, Online Retail and Others. Supermarkets and
hypermarkets are large retail outlets are significant distributors of
chestnuts, offering consumers the convenience of purchasing fresh and processed
chestnut products alongside other groceries. Their extensive reach and variety
attract a broad customer base, making them a crucial channel in urban and
suburban areas.
The following segments are part of an in-depth analysis of the global Chestnut market:
Market
Segments |
|
By Product Type |
|
By Form |
|
By End-use |
|
By Distribution
Channel |
|
Chestnut Market Share Analysis by Region
The Asia Pacific region leads the
global chestnut market, accounting for around 48% of the market share. This
dominance is largely due to China's substantial contribution, producing over
80% of the world's chestnuts. The region's favorable climate, long-standing
culinary traditions, and strong domestic demand further bolster its leading
position. The dominance of the Asia-Pacific region is attributed to its
favorable climate for chestnut cultivation, high production volumes, strong
domestic demand, and increasing exports to global markets. Europe holds a
substantial portion of the chestnut market, driven by high consumption rates in
countries such as Italy, France, and Spain. The region's rich culinary
traditions incorporate chestnuts into various dishes, especially during festive
seasons. However, recent climatic challenges have impacted production. For
instance, Greece experienced a projected 50% decline in chestnut
harvests in 2024 due to extreme drought and heat, highlighting the
vulnerability of European production to climate change. However, in North
America, the chestnut market is relatively smaller. The region has seen a
resurgence in chestnut cultivation, particularly in the United States, where
efforts are underway to restore the American chestnut tree. The United States
and Canada have seen a resurgence in chestnut cultivation, with efforts to
restore native species and meet the growing demand for healthy, plant-based
foods. Consumer interest in healthy and alternative food sources contributes to
a gradual increase in demand.
Chestnut Market Players Density Analysis
The chestnut market report is
highly fragmented, with numerous players contributing to its growth. Prominent
companies in the industry include, Chengde Shenli Food Co., Qingdao Hongshan
Food Co., Ltd., Weihai Chestnut Co., Ltd., Arimex and La Compagnie des Bois.
Companies are expanding their product portfolios to include chestnut-based
flours, snacks, and confectioneries, catering to the growing demand for
gluten-free and health-oriented products.
Global Chestnut
Market Recent Developments News:
Chestnut Market's Expansion in the Hudson Valley: In December 2024,
Chestnut Market, a family-owned convenience-store chain, acquired three
convenience stores located in Tarrytown, Newburgh, and Carmel, New York. This
strategic acquisition aims to enhance Chestnut Market's presence in the Hudson
Valley region, aligning with its mission to serve more communities.
Collaboration with LottoShield: In October 2024, Chestnut Market has collaborated with LottoShield to implement a lottery management solution across its 75 locations in New York, New Jersey, and Connecticut. This partnership aims to reduce lottery-related shortages and provide deeper insights into sales and ordering patterns, thereby optimizing store performance.
The Global Chestnut Market is
dominated by a few large companies, such as
·
Chengde Shenli Food Co. Ltd.
·
Chestnut Growers Inc.
·
ConAgra Foods Inc.
·
Shandong Zhifeng Foodstuffs Co., Ltd.
·
SupHerb Farms
·
Royal Nut Company
·
Route 9 Cooperative
·
Roland Foods, LLC.
·
Voyou (M'Lord)
·
Swapna Flour Mills Limited
·
Others
1.    Â
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 (2025 - 2035)
1.2.2. Global Chestnut Market Revenue
Share (%) and Growth Rate (Y-o-Y) from 2021 - 2035
1.3.   Market Segmentation
1.3.1. Product Type of Global Chestnut
Market
1.3.2. Form of Global Chestnut Market
1.3.3. End-use of Global Chestnut
Market
1.3.4. Distribution Channel of Global Chestnut
Market
1.3.5. Region of Global Chestnut Market
2.    Â
Executive Summary
2.1.   Demand Side Trends
2.2.   Key Market Trends
2.3.   Market Demand (US$ Bn) Analysis
2021 – 2024 and Forecast, 2025 – 2035
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.    Â
Global Chestnut Market Estimates & Historical Trend Analysis (2021 - 2024)
4.    Â
Global Chestnut Market Estimates & Forecast Trend Analysis, by
Product Type
4.1.   Global Chestnut Market Revenue
(US$ Bn) Estimates and Forecasts, by Product Type, 2021 - 2035
4.1.1. American Chestnut
4.1.2. Chinese Chestnut
4.1.3. European Chestnut
4.1.4. Japanese Chestnut
5.    Â
Global Chestnut Market Estimates & Forecast Trend Analysis, by
Form
5.1.   Global Chestnut Market Revenue
(US$ Bn) Estimates and Forecasts, by Form, 2021 - 2035
5.1.1. Fresh Chestnuts
5.1.2. Processed Chestnuts
6.    Â
Global Chestnut Market Estimates & Forecast Trend Analysis, by
End-use
6.1.   Global Chestnut Market Revenue
(US$ Bn) Estimates and Forecasts, by End-use, 2021 - 2035
6.1.1.Food
& Beverages
6.1.2.Animal
Feed
6.1.3.Pharmaceutical
& Nutraceuticals
6.1.4.Cosmetics
& Personal Care
7.    Â
Global Chestnut Market Estimates & Forecast Trend Analysis, by
Distribution Channel
7.1.   Global Chestnut Market Revenue
(US$ Bn) Estimates and Forecasts, by Distribution Channel, 2021 - 2035
7.1.1.Supermarkets/Hypermarkets
7.1.2.Convenience
Stores
7.1.3.Specialty
Stores
7.1.4.Online
Retail
7.1.5.Others
8.    Â
Global Chestnut Market Estimates & Forecast Trend Analysis,
by Region
8.1.   Global Chestnut Market Revenue
(US$ Bn) Estimates and Forecasts, by Region, 2021 - 2035
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.    Â
North
America Chestnut Market: Estimates & Forecast Trend Analysis
9.1.  Â
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) (2021 - 2035)
9.1.2.1.  By Product Type
9.1.2.2.  By Form
9.1.2.3.  By End-use
9.1.2.4.  By Distribution
Channel
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) (2021 - 2035)
10.1.2.1.   By Product Type
10.1.2.2.   By Form
10.1.2.3.   By End-use
10.1.2.4.   By Distribution
Channel
10.1.2.5.   By Country
10.1.2.5.1.Â
Germany
10.1.2.5.2.Â
Italy
10.1.2.5.3.Â
U.K.
10.1.2.5.4.Â
France
10.1.2.5.5.Â
Spain
10.1.2.5.6.Â
Benelux
10.1.2.5.7.Â
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) (2021 - 2035)
11.1.2.1.   By Product Type
11.1.2.2.   By Form
11.1.2.3.   By End-use
11.1.2.4.   By Distribution
Channel
11.1.2.5.   By Country
11.1.2.5.1.Â
Russia
11.1.2.5.2.Â
Hungary
11.1.2.5.3.Â
Poland
11.1.2.5.4.Â
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) (2021 - 2035)
12.1.2.1.   By Product Type
12.1.2.2.   By Form
12.1.2.3.   By End-use
12.1.2.4.   By Distribution
Channel
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) (2021 - 2035)
13.1.2.1.   By Product Type
13.1.2.2.   By Form
13.1.2.3.   By End-use
13.1.2.4.   By Distribution
Channel
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) (2021 - 2035)
14.1.2.1.   By Product Type
14.1.2.2.   By Form
14.1.2.3.   By End-use
14.1.2.4.   By Distribution
Channel
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.     Chengde Shenli Food
Co. Ltd.
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 belowÂ
17.2.     Chestnut Growers
Inc.
17.3.     ConAgra Foods Inc.
17.4.     Shandong Zhifeng Foodstuffs
Co., Ltd.
17.5.     SupHerb Farms
17.6.     Royal Nut Company
17.7.     Route 9 Cooperative
17.8.     Roland Foods, LLC.
17.9.     Voyou (M'Lord)
17.10. Swapna Flour Mills
Limited
17.11. 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
We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.
Market Research Process
We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
Chestnut Market was valued at USD 4.28 Billion in 2025.
Chestnut Market size will increase at approximate CAGR of 3.1% during the forecasted period.
Major companies operating within the market are Chengde Shenli Food Co. Ltd., Chestnut Growers Inc., ConAgra Foods Inc., Shandong Zhifeng Foodstuffs Co., Ltd., SupHerb Farms, Royal Nut Company, Route 9 Cooperative and others.
Asia Pacific dominates the market with an active share of 48%.
Only Three Thousand Four Hundred Ninety Nine US dollar
Only Four Thousand Four Hundred Ninety Nine US dollar
Only Five Thousand Four Hundred Ninety Nine US dollar