Chestnuts Market Size (2024 - 2029)

The global chestnut market is experiencing growth driven by its unique nutritional profile, which distinguishes it from other nuts due to its low fat and high starch content. This nutritional advantage is contributing to an increasing demand worldwide. Asia, particularly China and Korea, dominates production and consumption, with China producing flavorful and disease-resistant varieties. The use of chestnut flour in baked goods is also expanding, further boosting the market's scale and export potential.

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Market Size of Chestnuts Industry

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Chestnuts Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
CAGR 3.10 %
Fastest Growing Market Europe
Largest Market Asia Pacific

Major Players

Chestnuts Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Chestnuts Market Analysis

The global chestnut market is estimated to register a CAGR of 3.1% during the forecast period.

  • The chestnut is the most useful tree in the world and has a nutritional composition that sets them apart from all other nuts. Chestnuts are very low in fat and higher in starch than other nuts, making them less caloric. The rich nutritional content is increasing the demand for chestnuts globally and will drive the growth of the market in the coming years. There are 4 major species - American Chestnut (Castanea dentata), European Chestnut (C. sativa), Chinese Chestnut (C. mollissima), and Japanese Chestnut (C. crenata) and 9 less important species of the genus Castanea in the world.
  • Asia is the largest producer and consumer of chestnuts in the world. China and Korea are the largest producers of chestnuts in the region. The Chinese chestnut has a flavorful nut and is resistant to chestnut blight so, Korea grows Chinese-Japanese cultivars in order to resist those diseases. Japan is also a major consumer of chestnuts, however, Japanese nuts do not have nearly as good a flavor as Chinese nuts, although being large.
  • The application of chestnut flour in baked products is also growing, which in turn is driving the production and export market for chestnuts across the world. According to the Food and Agriculture Organization, China, Bolivia, Greece, Italy, Portugal are the significant chestnut producers in the world.

Chestnuts Industry Segmentation

Chestnuts are a glossy hard brown edible nut that develops within a bristly case and may be roasted and eaten. The Global Chestnut Market is Segmented Based on Geography (United States, Germany, Turkey, France, Italy, Switzerland, Thailand, Korea, China, and Bolivia). The Report Covers the Extensive Study of Production(Volume), Consumption(Value and Volume), Trade (Value and Volume), and Price Trend Analysis of the Chestnut Market. The report offers market estimation and forecasts in both value (USD million) and volume (Metric ton) for the above-mentioned segments.

Geography
United States
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Value and Volume)
Export Market Analysis (Value and Volume)
Price Trend Analysis
Germany
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Value and Volume)
Export Market Analysis (Value and Volume)
Price Trend Analysis
Turkey
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Value and Volume)
Export Market Analysis (Value and Volume)
Price Trend Analysis
France
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Value and Volume)
Export Market Analysis (Value and Volume)
Price Trend Analysis
Italy
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Value and Volume)
Export Market Analysis (Value and Volume)
Price Trend Analysis
Switzerland
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Value and Volume)
Export Market Analysis (Value and Volume)
Price Trend Analysis
Thailand
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Value and Volume)
Export Market Analysis (Value and Volume)
Price Trend Analysis
Korea
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Value and Volume)
Export Market Analysis (Value and Volume)
Price Trend Analysis
China
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Value and Volume)
Export Market Analysis (Value and Volume)
Bolivia
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Value and Volume)
Export Market Analysis (Value and Volume)
Price Trend Analysis
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Chestnuts Market Size Summary

The global chestnut market is poised for steady growth, driven by its unique nutritional profile and increasing demand worldwide. Chestnuts are distinguished by their low fat and high starch content, making them a lower-calorie nut option. This nutritional advantage is fueling their popularity and market expansion. The market is characterized by the presence of four major species: American, European, Chinese, and Japanese chestnuts, with Asia being the largest producer and consumer region. China and Korea lead in production, with China also being a significant exporter due to its abundant supply. The growing application of chestnut flour in baked goods further propels the market, as it serves as a gluten-free alternative, appealing to health-conscious consumers.

The chestnut market is experiencing a surge in demand, attributed to its health benefits and versatile culinary applications. Chestnuts are rich in essential nutrients, including vitamins and minerals, and are promoted as part of a heart-healthy diet. This has led to increased use in confectionery and other food products, boosting market growth. Countries with lower production levels, such as Germany and the United States, rely on imports from leading producers like China, creating substantial export opportunities. Initiatives in China to expand chestnut orchards and projects in the United States to establish nut-growing centers are expected to enhance production capabilities and market value. These developments, along with strategic investments in sustainable practices, are set to further advance the chestnut industry over the forecast period.

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Chestnuts Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Value Chain Analysis

  2. 2. MARKET SEGMENTATION

    1. 2.1 Geography

      1. 2.1.1 United States

        1. 2.1.1.1 Production Analysis

        2. 2.1.1.2 Consumption Analysis and Market Value

        3. 2.1.1.3 Import Market Analysis (Value and Volume)

        4. 2.1.1.4 Export Market Analysis (Value and Volume)

        5. 2.1.1.5 Price Trend Analysis

      2. 2.1.2 Germany

        1. 2.1.2.1 Production Analysis

        2. 2.1.2.2 Consumption Analysis and Market Value

        3. 2.1.2.3 Import Market Analysis (Value and Volume)

        4. 2.1.2.4 Export Market Analysis (Value and Volume)

        5. 2.1.2.5 Price Trend Analysis

      3. 2.1.3 Turkey

        1. 2.1.3.1 Production Analysis

        2. 2.1.3.2 Consumption Analysis and Market Value

        3. 2.1.3.3 Import Market Analysis (Value and Volume)

        4. 2.1.3.4 Export Market Analysis (Value and Volume)

        5. 2.1.3.5 Price Trend Analysis

      4. 2.1.4 France

        1. 2.1.4.1 Production Analysis

        2. 2.1.4.2 Consumption Analysis and Market Value

        3. 2.1.4.3 Import Market Analysis (Value and Volume)

        4. 2.1.4.4 Export Market Analysis (Value and Volume)

        5. 2.1.4.5 Price Trend Analysis

      5. 2.1.5 Italy

        1. 2.1.5.1 Production Analysis

        2. 2.1.5.2 Consumption Analysis and Market Value

        3. 2.1.5.3 Import Market Analysis (Value and Volume)

        4. 2.1.5.4 Export Market Analysis (Value and Volume)

        5. 2.1.5.5 Price Trend Analysis

      6. 2.1.6 Switzerland

        1. 2.1.6.1 Production Analysis

        2. 2.1.6.2 Consumption Analysis and Market Value

        3. 2.1.6.3 Import Market Analysis (Value and Volume)

        4. 2.1.6.4 Export Market Analysis (Value and Volume)

        5. 2.1.6.5 Price Trend Analysis

      7. 2.1.7 Thailand

        1. 2.1.7.1 Production Analysis

        2. 2.1.7.2 Consumption Analysis and Market Value

        3. 2.1.7.3 Import Market Analysis (Value and Volume)

        4. 2.1.7.4 Export Market Analysis (Value and Volume)

        5. 2.1.7.5 Price Trend Analysis

      8. 2.1.8 Korea

        1. 2.1.8.1 Production Analysis

        2. 2.1.8.2 Consumption Analysis and Market Value

        3. 2.1.8.3 Import Market Analysis (Value and Volume)

        4. 2.1.8.4 Export Market Analysis (Value and Volume)

        5. 2.1.8.5 Price Trend Analysis

      9. 2.1.9 China

        1. 2.1.9.1 Production Analysis

        2. 2.1.9.2 Consumption Analysis and Market Value

        3. 2.1.9.3 Import Market Analysis (Value and Volume)

        4. 2.1.9.4 Export Market Analysis (Value and Volume)

      10. 2.1.10 Bolivia

        1. 2.1.10.1 Production Analysis

        2. 2.1.10.2 Consumption Analysis and Market Value

        3. 2.1.10.3 Import Market Analysis (Value and Volume)

        4. 2.1.10.4 Export Market Analysis (Value and Volume)

        5. 2.1.10.5 Price Trend Analysis

Chestnuts Market Size FAQs

The Chestnuts Market is projected to register a CAGR of 3.10% during the forecast period (2024-2029)

Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029).

Chestnuts Market Report Snapshots

Chestnuts Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)