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Global Industry Analysts Predicts The World Walnut Market To Reach $7.7 Billion By 2026

SAN FRANCISCO, Sept. 17, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc.

SAN FRANCISCO, Sept. 17, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled  "Walnut - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE Edition: 6;  Released: April 2021 Executive Pool: 469 Companies: 132 - Players covered include Alpine Pacific Nut Co.; Andersen & Sons Shelling Inc.; Borges India Private Limited; California Walnut Company, Inc.; Crain Walnut Shelling Inc.; Empire Nut Company, LLC; GoldRiver Orchards, Inc.; Grimo Nut Nursery; Grower Direct Nut Co., Inc.; Guerra Nut Shelling Company; Haleakala Walnut Shelling Inc.; Kashmir Walnut Group; Mariani Nut Company; Mid Valley Nut; Morada Produce Company L.P.; Pepinoix; Plantabul Ltd.; Poindexter Nut Company; Sacramento Valley Walnut Growers LLC.; Snyder's-Lance, Inc.; Webster Ltd. and Others. Coverage: All major geographies and key segments Segments: Category (Inshell, Shelled); End-Use (Household, Industrial); Form (Raw, Processed); Product Type (Black Walnuts, English Walnuts) Geographies: World; United States; Canada; Japan; China; Europe ( France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific ( Australia; India; South Korea; and Rest of Asia-Pacific); Latin America ( Argentina; Brazil; Mexico; and Rest of Latin America); Middle East ( Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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ABSTRACT-

Global Walnut Market to Reach $7.7 Billion by 2026Amid the COVID-19 crisis, the global market for Walnut estimated at US$6.5 Billion in the year 2020, is projected to reach a revised size of US$7.7 Billion by 2026, growing at a CAGR of 2.6% over the analysis period. Black Walnuts, one of the segments analyzed in the report, is projected to record a 2.1% CAGR and reach US$522 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the English Walnuts segment is readjusted to a revised 2.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.8 Billion in 2021, While China is Forecast to Reach $1.5 Billion by 2026The Walnut market in the U.S. is estimated at US$1.8 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2026 trailing a CAGR of 4.9% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.7% and 2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.2% CAGR. More

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About Global Industry Analysts, Inc. & StrategyR™Global Industry Analysts, Inc., ( www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

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