MarketResearchNest.com adds “Global Walnut Oil Market 2017-2021” new report to its research database. The report spread across 67 pages with table and figures in it.
Research analysts forecast the global walnut oil market to grow at a CAGR of 4.69% during the period 2017-2021.
About Walnut Oil
Walnut oil is an edible specialty oil. It has multiple domestic and industrial uses. Cold pressing and expeller pressing processes are used to manufacture walnut oil. The demand for walnuts is rising globally as they are a rich source of protein and essential fatty acids. Growing awareness about the health benefits of walnuts (like reduction in metabolic syndrome, treatment of type 2 diabetes, anti-cancer benefits, cardiovascular benefits, and others) is increasing their demand. Picked walnuts are often consumed in the roasted or raw forms, as part of a mix like muesli and even as an ingredient in dishes. In addition to this, walnuts are often used for non-food applications like medicines, inks and dyes, and others. In India, consumers have started gifting an assortment of nuts (like walnuts) on auspicious occasions (like Diwali and Christmas) instead of traditional sweets due to the increase in awareness about diseases like diabetes.
Covered in this report
The report covers the present scenario and the growth prospects of the global walnut oil market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.
Browse full table of contents and data tables at https://www.marketresearchnest.com/global-walnut-oil-market-2017-2021.html
The market is divided into the following segments based on geography:
Technavio’s report, Global Walnut Oil Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global Walnut Oil Market 2017-2021
Technavio recognizes the following companies as the key players in the global walnut oil market: Huilerie Artisanale J. LEBLANC et fils, La Tourangelle, and Roland Foods
Other Prominent Vendors in the market are: Aromex Industry, Beauty Aura, Best Natures Cosmetic, BIO PLANÈTE, BIOPURUS, Byodo, Caloy, Chelsea Classical Studio Fine Art Materials, Clearspring, CORKY’S NUTS, Dr. Adorable, Hain Celestial, Higher Nature, JBX (Bio Island), Ol’Vita, Potash Farm, Prano Flax (India), Proteco, Raw Living, Sun & Seed, Swanson Health Products, and Vitamin King.
Commenting on the report, an analyst from Research team said: “The latest trend gaining momentum in the market is Increasing demand for organic cold-pressed walnut oil. With the growing awareness about the negative effects of synthetic products on human health and the environment, most consumers have now started looking for organic products. This scenario can be seen across the board and applies to the oil segment as well. Organic food products are perceived to be healthy and are gaining traction in the market as consumers are now more concerned about the origin and quality of the ingredients in food products.”
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According to the report, one of the major drivers for this market is increase in number of spas. With increasingly hectic lifestyles, people are looking for ways to reduce their stress levels. Many people have started visiting spas for relaxation and a feeling of wellbeing. Thus, the number of spas is increasing, especially in developed countries. For instance, the number of spas in the US was more than 20,000 in 2015, and it is expected to increase during the forecast period. Many of the premium spas use healthy oils like walnut oil for massages as this oil helps in reducing the signs of aging, predominantly wrinkles
Further, the report states that the shelf life of walnut oil is a challenge for the global walnut oil market. Walnut oil has a short shelf life of around 6-12 months. Consumers often hesitate to buy this oil as it can be used only for adding a nutty flavor to the cuisines. Many vendors have now started offering small-sized walnut oil packages to attract consumers looking for small quantities of walnut oil that can be consumed within 6-12 months.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key questions answered in this report: What will the market size be in 2021 and what will the growth rate be; What are the key market trends; What is driving this market; What are the challenges to market growth; Who are the key vendors in this market space; What are the market opportunities and threats faced by the key vendors; What are the strengths and weaknesses of the key vendors;
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Mr. Jeet Jain