Base Year
Historical Year
Forecast Year
Value in AUD million
2024-2032
Australia Walnut Market Outlook
*this image is indicative*
Based on form, raw-form walnuts lead the Australia walnut market as healthy snack options due to their nutrient-dense and portable properties. They are rich sources of nutrients, including antioxidants, omega-3 fatty acids, and proteins. Moreover, their versatile nature enhances the texture and taste of dishes, making them suitable for various culinary uses. Raw-form walnuts promote heart health by reducing the risk of potential heart disorders. Processed walnuts have a longer shelf life due to the processing methods used, which typically involve roasting and blanching. Food manufacturers are creating new processed walnut products like walnut butter, nut mixes, and bakery goods. According to DPI, in 2021-2022, 9,322 tonnes of walnuts were produced in New South Wales.
The development of the walnut market in Australia is propelled by the increasing demand for plant-based protein-rich foods, driving walnut consumption. Moreover, to cater to various consumer preferences, the development of different walnut-based products such as walnut butter and honey-roasted walnuts is increasing. Furthermore, to promote sustainability, there is a growing implementation of environmentally friendly farming practices, including reducing water consumption and maintaining soil health. The consumption of walnuts is rising due to the various health benefits they provide, including heart and brain health benefits.
Australia Walnut Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Product
Market Breakup by Form
Market Breakup by Nature
Market Breakup by End Use
Market Breakup by Region
The food industry holds a major share in Australia's walnut market by integrating walnuts into diverse products, benefiting from their nutritional value and versatility. Consumer demand for health-conscious foods and culinary innovation further enhances their market presence.
The growth of the walnut market is fuelled by sustainable farming practices, rising demand for plant-based proteins, nutritional innovation, health benefits, and the diversification of walnut products.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market was valued at AUD 39.19 million in 2023.
The market is projected to grow at a CAGR of 5.60% between 2024 and 2032.
The revenue generated from the walnut market is expected to reach AUD 64.00 million in 2032.
Based on the type, the walnut market is bifurcated into shelled and in-shell.
Key players in the walnut industry are Nuts About Life Pty Ltd., Scalzo Trading Company Pty Ltd., Royal Nut Company, Charlesworth Nuts Pty Ltd., and Natural Farmers Pantry, among others.
Based on product, the walnut market is divided into black walnut and Persian or english walnut.
The different forms of walnut include raw and processed.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| Report Features | Details |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Source |
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| Breakup by Extraction |
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| Breakup by Application |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Trade Data Analysis |
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| Price Analysis: |
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| Competitive Landscape |
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| Companies Covered |
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