MarkNtel Advisors – Leading Market Research Company found Global Chestnut Market is expected to reach 3.3% CAGR Growth By 2030.
This report provides a comprehensive analysis of the Global Chestnut Market, with a focus on market size, segmentation, key players, geographical analysis, and growth in the coming years. The expert team of analysts invested considerable time and effort in collecting and analyzing the latest market data, producing a comprehensive and current report that provides valuable insights for decision-makers, including business owners and analysts.
Comprehensive Analysis of the Chestnut Market
Base Year: 2023
Forecast Years: 2024-2030
Historical Years: 2019-2022
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Scope of the Chestnut Market Report:
The Global Chestnut Market size is valued at around USD 3.5 billion in 2024 and is estimated to grow at a CAGR of around 3.3% during the forecast period, i.e., 2024-30. With extensive and various uses of chestnuts with the variety of nutrients available, these are increasingly preferred by individuals all across the world. The food and beverages industry is widely using chestnuts in one or the other form. Different types and forms of chestnut are used like chestnut flour is used in pasta, sauce, cookies, cakes, breads, and other breakfast cereals, chestnut puree also has different uses from pastries to gateaux. Increasing use of chestnuts in various forms like roasted, heated, and cooked have their own distinct and impactful uses which are driving the size & volume of the chestnut industry worldwide.
Which prominent factor is expected to drive the Chestnut Market during 2024-30?
Increasing Use of Chestnuts in Bakery & Confectionery Driving Market Growth – Various health and nutritional benefits, and for the enhanced taste chestnuts are used in different forms heated, cooked, or roasted to fulfill different needs & requirements. Dried and fresh both types of chestnuts are consumed by individuals, either by making chestnut flour or by making chestnut puree. Chestnut is a smooth-shelled nut that is usually roasted and ground into flour, and used in puddings, custard, biscuits, and breakfast cereals. Other areas where chestnut flour is used include cakes, bread, pasta, and sauces.
Along with it, the chestnut puree is used for flavoring baked goods like cake, muffins, cookie batters, and bread puddings. It is also used as a filling for pastries and toppings and can be blended into smoothies, and custards. The variety of uses of chestnuts in different ways in the bakery and confectionery industry is continuously driving the demand for chestnuts across the globe.
What are the different Segment Available in the Chestnut Market?
By Type
- Sweet Chestnut- Market Size & Forecast 2019-2030, (Thousand Tons)
- American Chestnut- Market Size & Forecast 2019-2030, (Thousand Tons)
- Chinese Chestnut- Market Size & Forecast 2019-2030, (Thousand Tons)
- Castanea Chestnut- Market Size & Forecast 2019-2030, (Thousand Tons)
- Dwarf Chestnut- Market Size & Forecast 2019-2030, (Thousand Tons)
By End Users
- Residential- Market Size & Forecast 2019-2030, (Thousand Tons)
- Hospitality- Market Size & Forecast 2019-2030, (Thousand Tons)
- Food Processing- Market Size & Forecast 2019-2030, (Thousand Tons)
By Distribution Chanel
- Offline
- Supermarket & Hypermarket
- Convenience Store
- Chestnut Specialty Stores
- Online
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific.
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Leading Chestnut companies operating in the Market
- 1. The Washington Chestnut Company
- 2. Potash Farm
- 3. Poulis S.A.
- 4. Route 9 Cooperative
- 5. Chestnut Hill Outdoors
- 6. The Galician Naiciña Company
- 7. Shuuwa Industrial Co., Ltd
- 8. Qinhuangdao Yanshan Chestnut Co., Ltd.
- 9. Harrison’s California Chestnuts
- 10. Pomar das Castanhas
- 11. Valley Chestnuts
- 12. Chestnut Charlie’s Organic Nuts
- 13. Warnell Schools of Forestry & Natural Resources
- 14. Others.
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