Chestnut Market Share, Size and Future Projections 2024-2030FY

Chestnut Market

The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Chestnut Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.

Chestnut Industry Analytical Overview (2024-2030): Drivers, Opportunities, Challenges, and Trends,

According to the latest report, 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.  The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2024 to 2030.

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What is Included in Chestnut Market Segmentation?

The report has segmented the market into the following categories:

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

The largest share of the Global Chestnut Market in the Distribution Channel type was taken up by Offline channels, and it is estimated that this trend will go on during the forecast period as well. The consumers in the offline channels can check the quality of the product by themselves, and that satisfies them and serves the larger part of the consumers of low-income or developing countries where offline distribution is easy compared to online.

By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

 

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Key Factor Driver Chestnut Industry Growth by 2030

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.

Who are the Key Players Operating in the Chestnut Industry?

The top companies of the Chestnut market ruling the industry are:

  • The Washington Chestnut Company
  • Potash Farm
  • Poulis S.A.
  • Route 9 Cooperative
  • Chestnut Hill Outdoors
  • The Galician Naiciña Company
  • Shuuwa Industrial Co., Ltd
  • Qinhuangdao Yanshan Chestnut Co., Ltd.
  • Harrison’s California Chestnuts
  • Pomar das Castanhas
  • Valley Chestnuts
  • Chestnut Charlie’s Organic Nuts
  • Warnell Schools of Forestry & Natural Resources

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FAQs (Frequently Ask Questions)

  1. What are the industry’s overall statistics or estimates including CARG and USD Value of the forecasting years?
  2. What are the trends influencing the current scenario of the Chestnut Market?
  3. What are the key factors that would propel and hinder the industry?
  4. Which geographical area dominates the Chestnut industry?
  5. Which is the Leading segment in the market?

About US:

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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