GCC Walnut Market Overview 2023-2028
The GCC walnut market is projected to exhibit a growth rate (CAGR) of 5.6% during 2023-2028. The growing consumption to maintain strong and healthy bones, increasing adoption of walnuts to improve hair growth and promote skin elasticity, and wide availability through online and offline distribution channels represent some of the key factors driving the market.
A walnut is an edible seed or nut that is enclosed within a hard shell and typically surrounded by a fleshy or woody husk. It comprises protein, fiber, vitamins, and minerals that contribute to overall wellness. It is a rich source of essential nutrients, such as omega-3 fatty acids, which are crucial for heart health and brain function. It aids in weight management by promoting feelings of fullness and supporting a healthy metabolism. Furthermore, as it helps to combat oxidative stress and decrease the impact of chronic diseases, the demand for walnut is rising in the GCC region.
GCC Walnut Market Trends and Drivers:
At present, the increasing consumer awareness about the nutritional benefits and health advantages associated with walnut consumption represents one of the key factors supporting the growth of the market in the GCC region. Besides this, the growing consumption of plant-based diets among vegans is contributing to the growth of the market. In addition, the growing emergence of e-commerce platforms selling high-quality, sustainably sourced, and organic walnuts is offering a favorable market outlook in the region. Apart from this, the increasing focus on mindful eating among the masses is strengthening the growth of the market. Additionally, the rising utilization of almond oil in various skin and hair care products due to its moisturizing properties is bolstering the growth of the market in the GCC region.
The report segmented the market on the basis of region, type, product, nature, form, and end use.
Type Insights:
- In-shell
- Shelled
Product Insights:
- Persian or English Walnut
- Black Walnut
Nature Insights:
- Organic
- Conventional
Form Insights:
- Raw
- Processed
End Use Insights:
- Household
- Industrial
- Personal Care and Cosmetics
- Others
Country Insights:
- Saudi Arabia
- UAE
- Qatar
- Bahrain
- Kuwait
- Oman
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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