| REPORT ATTRIBUTE |
DETAILS |
| Historical Period |
2020-2023 |
| Base Year |
2024 |
| Forecast Period |
2025-2032 |
| Walnut Oil Market Size 2024 |
USD 445 million |
| Walnut Oil Market, CAGR |
5% |
| Walnut Oil Market Size 2032 |
USD 657.46 million |
Market Overview:
Walnut Oil Market size was valued at USD 445 million in 2024 and is anticipated to reach USD 657.46 million by 2032, at a CAGR of 5% during the forecast period (2024-2032).
Several factors are fueling the growth of the walnut oil market. Rising awareness of the health benefits associated with walnut oil—such as its high omega-3 fatty acid content, antioxidant properties, and cardiovascular support—has significantly increased its consumption in cooking, skincare, and dietary supplements. Additionally, the clean-label movement and growing demand for organic personal care products have further accelerated the adoption of cold-pressed walnut oil in cosmetic formulations. The food and beverage industry is also embracing walnut oil due to its distinct flavor and nutritional value, while manufacturers continue to introduce innovative packaging and organic variants to enhance market appeal. Furthermore, the increasing preference for plant-based oils is reinforcing long-term market prospects. The rise of e-commerce platforms and health-focused product marketing has also expanded consumer access to premium walnut oil brands. Moreover, scientific endorsements and clinical studies highlighting walnut oil’s nutritional efficacy have further solidified its position in both health and wellness markets.
Regionally, North America dominates the walnut oil market, driven by a well-established health and wellness industry and widespread use of natural oils in food preparation and cosmetics. Europe follows closely, supported by rising demand for organic and artisanal products, particularly in countries like Germany, France, and Italy. Meanwhile, the Asia-Pacific region is emerging as a promising market, with growing health awareness, increasing disposable incomes, and expanding retail distribution channels in China, India, and Japan contributing to regional market growth. Government initiatives promoting healthier lifestyles and clean-label food products are further encouraging regional consumption. In addition, the increasing popularity of traditional and herbal wellness practices in Asian countries is fostering the integration of walnut oil in local health regimens.
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Market Insights:
- The walnut oil market was valued at USD 445 million in 2024 and is projected to reach USD 657.46 million by 2032, growing at a CAGR of 5% during the forecast period (2024–2032).
- Increasing awareness of the health benefits of walnut oil, such as its rich omega-3 content and antioxidant properties, is driving its use in cooking, skincare, and dietary supplements.
- The growing popularity of cold-pressed and organic walnut oils is supported by clean-label trends and consumer demand for minimally processed, nutrient-rich products.
- Cosmetic and personal care industries are adopting walnut oil for its moisturizing and anti-aging benefits, especially in natural skincare and haircare formulations.
- The culinary segment is expanding as consumers and chefs embrace walnut oil for its unique flavor, aligning with plant-based and Mediterranean diet trends.
- Online retail and improved distribution networks are increasing accessibility, enabling wider consumer reach and stronger brand visibility in both developed and emerging markets.
- North America leads the global walnut oil market, followed by Europe, while Asia-Pacific is emerging as the fastest-growing region due to rising health awareness and urbanization.
Market Drivers:
Rising Consumer Health Awareness:
The growing focus on health and wellness among global consumers is a primary driver of the walnut oil market. Walnut oil is rich in omega-3 fatty acids, antioxidants, and essential nutrients that support heart health, improve brain function, and reduce inflammation. As consumers increasingly seek natural alternatives to synthetic health supplements, walnut oil is gaining popularity as a functional food ingredient. The demand for clean-label and nutrient-dense products is also pushing consumers to opt for cold-pressed walnut oil, which retains more beneficial compounds due to minimal processing. This shift in dietary preferences continues to stimulate demand in both developed and developing markets.
Expansion in Cosmetic and Personal Care Industry:
The cosmetic industry’s growing emphasis on organic and natural formulations has significantly influenced the uptake of walnut oil. For instance, Novëm, a skincare brand, features walnut oil in its exfoliating and hydrating masks, highlighting its role in providing intense hydration, preserving skin elasticity, and reducing the appearance of fine lines and wrinkles. Known for its emollient and anti-aging properties, walnut oil is being widely incorporated into skincare, haircare, and aromatherapy products. Its ability to moisturize the skin, promote elasticity, and reduce signs of aging makes it highly attractive to manufacturers of premium cosmetic products. The clean beauty trend, especially prevalent in Western markets, has accelerated the adoption of plant-based oils like walnut oil. Additionally, the demand for chemical-free ingredients is encouraging innovation in formulations, further boosting the market’s growth.
Growth in Culinary Applications:
The culinary use of walnut oil is expanding as consumers seek gourmet and health-focused cooking oils. Walnut oil offers a unique nutty flavor and is used in salad dressings, marinades, and low-heat cooking. For instance, Borges, a well-known brand specializing in premium oils, has launched walnut oil as part of its gourmet range, promoting its nutritional value and culinary appeal among chefs and home cooks alike. Its nutritional value and culinary appeal make it a preferred choice among chefs and home cooks alike. With the increasing popularity of plant-based and Mediterranean diets, walnut oil is being promoted as a premium cooking oil alternative. Furthermore, the rising influence of food bloggers and culinary influencers is helping to expand awareness and adoption across various demographics.
Rising Availability and Market Accessibility:
Improved distribution channels and the rise of e-commerce have made walnut oil more accessible to a broader consumer base. Manufacturers are leveraging online platforms to reach health-conscious consumers with premium and organic walnut oil variants. Additionally, strategic collaborations between producers and retailers are enhancing product visibility in both online and offline markets. The growing availability of cold-pressed and certified organic walnut oil in supermarkets and health stores supports higher market penetration, especially in urban areas.
Market Trends:
Growing Demand for Cold-Pressed and Organic Variants:
Consumers are increasingly opting for cold-pressed and organic walnut oil due to its perceived health benefits and superior quality. Cold-pressed walnut oil retains a higher concentration of nutrients, antioxidants, and essential fatty acids compared to refined alternatives. This aligns with the broader clean-label trend, where consumers prefer minimally processed and chemical-free products. The demand for certified organic walnut oil is particularly high among health-conscious buyers and those seeking plant-based wellness solutions. Manufacturers are responding by expanding their portfolios with USDA-certified and non-GMO product lines to attract a premium customer base.
Integration into Nutraceutical and Supplement Products:
Walnut oil is gaining traction in the nutraceutical industry due to its rich composition of omega-3 fatty acids, vitamins, and antioxidants. For instance, a study published in Clinical Nutrition demonstrated that walnut oil supplementation in adults led to improvements in cognitive function and reductions in oxidative stress, highlighting its promise as a nutraceutical for neurological health and conditions such as Alzheimer’s disease. It is being increasingly incorporated into dietary supplements and wellness capsules aimed at improving cardiovascular health, cognitive function, and skin nourishment. This trend is supported by clinical research and growing consumer awareness of holistic health practices. The use of walnut oil in combination with other natural ingredients in functional foods and supplements is also expanding, driven by demand for natural remedies that offer preventative health benefits.
Rising Popularity in Gourmet and Plant-Based Cuisine:
The culinary appeal of walnut oil is growing, especially among consumers experimenting with gourmet and plant-based diets. For instance, La Tourangelle’s California Slow-Roasted Walnut Oil is featured by chefs and home cooks for its bold, aromatic flavor in salad dressings, baking, and finishing dishes, with recipe ideas such as Walnut Oil Brownies and Walnut Chicken Salad on Sourdough Toast. Chefs and food enthusiasts value its nutty aroma and rich flavor, which enhances salad dressings, pasta, and baked goods. Walnut oil is also being featured in plant-forward recipes, aligning with the global shift toward sustainable eating. Foodservice providers and specialty food brands are increasingly promoting walnut oil as a premium cooking oil alternative. This trend is particularly strong in regions with high awareness of artisanal and health-conscious food products.
Expansion through Digital and Direct-to-Consumer Channels:
Digital retail and direct-to-consumer (DTC) channels are reshaping how walnut oil reaches end users. Online platforms provide better accessibility, especially for premium and niche variants that may not be widely available in physical stores. Brands are leveraging social media marketing, influencer endorsements, and e-commerce platforms to build visibility and customer loyalty. The convenience of online shopping combined with rising digital literacy is contributing to strong sales growth, particularly in urban and health-focused consumer segments.
Market Challenges Analysis:
High Production Costs and Limited Raw Material Availability:
One of the primary challenges facing the walnut oil market is the high cost associated with production and raw material procurement. Walnut cultivation requires specific climatic conditions, long maturation periods, and significant agricultural input, all of which contribute to limited supply and fluctuating prices. The process of extracting oil, especially cold-pressed variants, is resource-intensive and yields relatively low quantities compared to other vegetable oils. This results in higher retail prices, which can restrict widespread adoption, particularly in price-sensitive markets. For instance, Clearspring in the UK produces organic walnut oil using a gentle cold-pressing technique from Moldovan walnuts, emphasizing quality and nutritional value to appeal to health-conscious consumers. Additionally, seasonal variability and supply chain disruptions can affect the consistent availability of quality walnuts, further constraining market growth. These factors make it difficult for small-scale producers to compete in the global market without substantial investment in resources and technology.
Lack of Consumer Awareness and Market Penetration Barriers:
Despite its health and culinary benefits, walnut oil remains underutilized in many regions due to limited consumer awareness. In several emerging markets, the preference still leans heavily toward more affordable and familiar cooking oils, such as sunflower or soybean oil. This lack of familiarity hinders walnut oil’s entry into mainstream food and personal care segments. Furthermore, inadequate marketing efforts and insufficient retail presence in rural and semi-urban areas limit product visibility. The absence of strong educational campaigns and health claims supported by regulatory bodies also prevents broader acceptance. Addressing these awareness gaps through targeted promotion and partnerships with health influencers could play a pivotal role in expanding the consumer base.
Market Opportunities:
The walnut oil market presents significant growth opportunities driven by the increasing global shift toward health-conscious and sustainable lifestyles. As consumers become more aware of the benefits of plant-based diets and functional foods, walnut oil is well-positioned to meet this demand due to its rich nutritional profile. Its high content of omega-3 fatty acids, antioxidants, and essential vitamins makes it a valuable addition to daily health routines. This growing preference for clean-label and natural ingredients offers producers an opportunity to expand into the wellness and nutraceutical sectors with value-added formulations such as fortified oils and dietary supplements. Moreover, the rising demand for premium edible oils in gourmet and specialty cooking provides a platform for walnut oil to gain traction among chefs, foodservice providers, and health-conscious home cooks.
Another promising opportunity lies in the cosmetic and personal care industry, where walnut oil’s moisturizing and anti-aging properties are increasingly recognized. The shift toward organic and chemical-free beauty products has opened new avenues for walnut oil as a base ingredient in skincare and haircare formulations. Manufacturers can leverage this trend by developing innovative product lines featuring walnut oil, targeting consumers looking for sustainable and natural alternatives. Additionally, expanding into emerging markets in Asia-Pacific, Latin America, and the Middle East—where disposable incomes are rising and awareness of holistic health is growing—offers untapped potential for market penetration. Strategic partnerships, online retail expansion, and focused marketing campaigns can help brands position walnut oil as a versatile, premium solution across multiple consumer segments.
Market Segmentation Analysis:
By Grade
The walnut oil market is segmented into food grade and cosmetic grade. Food grade walnut oil holds the larger share, driven by its extensive use in cooking, salad dressings, and nutritional applications. Its rich flavor and high nutritional value make it a preferred choice for health-conscious consumers. Cosmetic grade walnut oil is gaining traction in skincare and haircare products due to its moisturizing and anti-aging properties, aligning with the rising demand for natural and chemical-free personal care formulations.
By Application
In terms of application, the market spans culinary, cosmetics and personal care, and pharmaceuticals. Culinary applications dominate the market due to the widespread use of walnut oil in gourmet cooking and health-oriented diets. The cosmetics and personal care segment is expanding rapidly as brands increasingly incorporate walnut oil into natural formulations. Pharmaceutical applications, while smaller, are growing steadily with the rising interest in natural remedies and functional health products.
By Distribution Channel
The distribution channel segment includes supermarkets and hypermarkets, specialty stores, online retail, and others. Supermarkets and specialty stores continue to be key channels due to their wide reach and consumer trust. However, online retail is the fastest-growing channel, offering convenience and access to a broader range of premium and organic walnut oil products. Brands are leveraging e-commerce to target health-conscious consumers with direct-to-consumer offerings and tailored marketing strategies, enhancing overall market penetration.
Segmentations:
By Grade
- Food Grade
- Cosmetic Grade
By Application
- Culinary
- Cosmetics and Personal Care
- Pharmaceuticals
- Nutraceuticals
By Distribution Channel
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Retail
- Convenience Stores
- Direct-to-Consumer
By Region
- North America
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- South-east Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of the Middle East and Africa
Regional Analysis:
North America
North America holds the largest share of the global walnut oil market, contributing 37% of the total revenue. This dominance is attributed to a well-developed health and wellness industry, strong consumer inclination toward natural and nutrient-rich products, and widespread awareness of walnut oil’s health benefits. The United States and Canada are key contributors, where plant-based diets and clean-label preferences are increasingly influencing purchasing decisions. Cold-pressed and organic walnut oils are particularly popular, driven by their perceived quality and minimal processing. Additionally, a robust distribution network, coupled with the rapid expansion of e-commerce, ensures easy availability and wider reach of walnut oil products across the region. The presence of leading walnut oil producers and ongoing product innovations further strengthen North America’s position in the global market.
Europe
Europe accounts for 31% of the global walnut oil market, making it the second-largest regional segment. The market in Europe is fueled by rising demand for organic, sustainable, and artisanal food and cosmetic products. Countries like Germany, France, and Italy are at the forefront of this trend, with consumers actively seeking natural alternatives in their daily consumption. Walnut oil is widely used in gourmet cooking and increasingly favored in the beauty industry for its anti-aging and skin-nourishing properties. The region’s strict regulatory standards on food and cosmetic ingredients also support the use of high-quality, certified organic oils, further driving product adoption among health-conscious consumers. Increased participation in global health and wellness expos and clean beauty movements has helped raise consumer awareness and drive market engagement.
Asia-Pacific
Asia-Pacific holds a 22% share of the global walnut oil market and is the fastest-growing regional segment. The region’s growth is driven by rising disposable incomes, increasing urbanization, and growing health awareness in countries such as China, India, and Japan. Consumers are becoming more receptive to Western health and wellness trends, leading to greater demand for premium edible oils like walnut oil. In addition to culinary applications, the personal care industry is leveraging walnut oil for natural skin and hair care solutions. Government-backed health initiatives and the rapid growth of online retail platforms are expected to continue fueling market expansion across the Asia-Pacific region. The increasing presence of international brands and the rise of local organic product manufacturers are also enhancing regional competitiveness.
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Key Player Analysis:
- VedaOils
- AOS Products Pvt. Ltd.
- SVA Organics
- Plenty Foods
- Ji’An ZhongXiang Natural Plants Co.,Ltd.
- AG Industries
- O&3 Limited
- ROLAND FOODS
- KUNHUA BIOLOGICAL TECHNOLOGY CO., LTD
- Chinaplantoil Co., Ltd.
Competitive Analysis:
The walnut oil market features a moderately fragmented competitive landscape, with both global and regional players striving to expand their presence through product innovation, quality enhancement, and distribution efficiency. Leading companies such as La Tourangelle, Caloy Company, Roland Foods, and Borges Agricultural & Industrial Nuts emphasize premium quality, cold-pressed variants, and organic certifications to attract health-conscious consumers. Meanwhile, firms like AOS Products, VedaOils, and SVA Organics are expanding their foothold through e-commerce platforms and private label collaborations. Manufacturers are increasingly focusing on sustainability, transparent sourcing, and clean-label formulations to differentiate their offerings. Partnerships with retailers, aggressive online marketing, and entry into emerging markets further support competitive positioning. The growing demand for plant-based wellness and gourmet products continues to fuel innovation, pushing companies to diversify product lines and cater to evolving consumer preferences. As competition intensifies, strategic investments in branding, certifications, and international distribution remain crucial for market leadership.
Recent Developments:
- In December 2024, VedaOils introduced a new walnut oil product focused on skin health benefits, including anti-aging and improved skin tone.
- In May 2024, the California Walnut Commission (CWC) supported the USDA’s initiative to expand nut and seed options in school meals. The USDA’s Food and Nutrition Service (FNS) officially approved walnuts as a full meat/meat alternate in Child Nutrition Programs, driving increased demand for walnut-based products and reinforcing their importance in global markets.
Market Concentration & Characteristics:
The walnut oil market exhibits moderate concentration, characterized by the presence of a mix of established multinational players and emerging regional producers. While a few key companies dominate premium product segments through strong branding, organic certifications, and global distribution networks, smaller players remain competitive by offering localized, artisanal, and cost-effective alternatives. The market is driven by characteristics such as high product differentiation, low switching costs, and increasing consumer demand for clean-label and health-focused oils. Cold-pressed and organic variants command a growing share, reflecting a shift toward minimally processed, nutrient-rich products. Seasonal availability of raw materials, coupled with high production costs, contributes to supply variability and influences pricing dynamics. The rise of e-commerce and direct-to-consumer models is reshaping distribution patterns, allowing niche brands to scale quickly and reach targeted demographics. Overall, the walnut oil market is defined by innovation, evolving consumer preferences, and increasing focus on quality, transparency, and sustainability.
Report Coverage:
The research report offers an in-depth analysis based on Grade, Application, Distribution Channel and Region. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.
Future Outlook:
- Consumer demand for natural, nutrient-rich oils is expected to drive sustained growth in the walnut oil market.
- The cosmetics and personal care industry is projected to increase its use of walnut oil due to its moisturizing and anti-aging properties.
- Culinary applications are anticipated to expand, with walnut oil being favored for its unique flavor and health benefits.
- Online retail channels are likely to gain prominence, offering consumers convenient access to a variety of walnut oil products.
- Emerging markets in Asia-Pacific and Latin America are expected to experience increased walnut oil consumption due to rising health awareness.
- Product innovation, including flavored and fortified walnut oils, is anticipated to attract a broader consumer base.
- Sustainability and ethical sourcing practices are projected to become more significant, influencing consumer purchasing decisions.
- Collaborations between walnut oil producers and foodservice providers may enhance product visibility and adoption.
- Educational campaigns highlighting the health benefits of walnut oil are likely to boost consumer awareness and demand.
- Advancements in extraction and processing technologies are expected to improve product quality and shelf life, supporting market growth.
