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

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:

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