Walnut Oil Market Size

The global walnut oil market size was valued at $1.04 billion in 2024 and is projected to reach $1.56 billion by 2030, growing at a CAGR of 7.0% during the forecast period.

Walnut Oil Market Overview

Walnut oil is a natural oil extracted from the nuts of the walnut tree, typically using cold-pressing techniques to preserve its nutritional and health benefits. It is known for its rich, nutty flavor and is often used in culinary applications such as salad dressings, marinades, and as a finishing oil for various dishes to enhance their taste. Walnut oil is prized for its high content of omega-3 fatty acids, antioxidants, and vitamins, particularly vitamins E, which contribute to its numerous health benefits, including supporting heart health, reducing inflammation, and promoting brain function. Additionally, walnut oil is used in skincare and cosmetic products due to its moisturizing properties and ability to improve skin health and appearance. It is also valued in traditional medicine for its potential benefits in improving digestion and managing conditions like arthritis.

Walnut Oil Market Dynamics

• The walnut oil market is expected to witness significant growth in the future due to increasing consumer awareness about the health benefits of walnut oil, growing demand for natural and organic food ingredients, and expansion of the culinary industry and gourmet cooking trends..

• Additionally, the rising disposable incomes and changing dietary preferences towards healthier oils, research and development in nutraceutical applications of walnut oil, and increasing use of walnut oil in personal care and cosmetic products are the prominent factors driving the growth of the walnut oil market.

• However, the fluctuating prices of walnuts impacting production costs, limited walnut oil production compared to other vegetable oils, and challenges in maintaining quality standards and shelf life are restraining the market growth.

• On the contrary, the expansion into emerging markets with growing health consciousness, development of flavored and infused walnut oils for culinary applications, and collaboration with food manufacturers and chefs for product innovation are creating opportunities for market growth.

By Application, the Aromatherapy & Pharmaceuticals Segment is anticipated to Exhibit Significant Growth Rate in the Walnut Oil Market

The aromatherapy & pharmaceuticals segment is expected to grow at a high growth rate in the walnut oil market during the forecast period owing to its numerous therapeutic properties and health benefits. In aromatherapy, walnut oil is prized for its soothing and moisturizing qualities, making it an excellent carrier oil for essential oils. Its light texture and ability to absorb quickly into the skin enhance its effectiveness in massage therapies and other aromatherapy applications. Additionally, walnut oil is rich in omega-3 fatty acids, antioxidants, and vitamins, which contribute to its anti-inflammatory and anti-aging properties, making it valuable in skincare formulations within the pharmaceutical sector. The growing consumer preference for natural and organic products drives the inclusion of walnut oil in various topical and ingestible pharmaceutical products aimed at promoting heart health, reducing inflammation, and supporting overall wellness. Furthermore, ongoing research and development in the pharmaceutical industry continue to uncover new health benefits and applications of walnut oil, fueling its demand. The combination of its versatile therapeutic uses and the increasing shift towards natural health solutions positions walnut oil as a highly sought-after ingredient in the aromatherapy and pharmaceuticals market.

By Geography, North America Constitutes Immense Share with the Walnut Oil Market

North America holds a prominent share of the walnut oil market during the forecast period due to region's consumer preferences and industry trends. The increasing adoption of walnut oil in the cosmetic industry is a major driver, as consumers are progressively seeking natural and organic ingredients for skincare and haircare products. The health and wellness trend is also contributing to this demand, with walnut oil being recognized for its nutritional benefits, such as high levels of omega-3 fatty acids and antioxidants, which appeal to health-conscious consumers. Additionally, the culinary use of walnut oil is growing, particularly among gourmet chefs and home cooks who value its rich flavor and nutritional profile. The presence of major market players in the U.S. and Canada further supports the market, as these companies are able to invest in marketing and product development, enhancing consumer awareness and availability. Furthermore, rising disposable incomes and a willingness to spend on premium products drive demand, solidifying North America as a leading market for walnut oil.

Key Target Audience:

• Food Manufacturers

• Culinary Industry 

• Health-Conscious Consumers

• Nutraceutical Companies

• Cosmetic and Personal Care Product Manufacturers

List of the Key Players Profiled in the Report Includes: 

• Locavor 

• La Tourangelle 

• Roland Foods LLC 

• Aromex Industry 

• Best Natures Cosmetic 

• Bio Planete 

• Biopurus . C.O. 

• Byodo Naturkost GmbH 

• Clearspring L 

• Hain Celestial 

• Higher Nature Limited 

• Nature Stuff Limited

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Type: 

• Expeller-Pressed Walnut Oil

• Cold-Pressed Walnut Oil

Market by, Distribution Channel:

• Online Retail

• Specialty Stores

• Supermarkets/Hypermarkets

Market by, Grade:

• Cosmetic Grade

• Food Grade

• Pharma Grade

Market by, Application: 

• Aromatherapy & Pharmaceuticals

• Cosmetics & Personal Care

• Food & Beverages 

• Nutritional Supplements

• Other Applications

Market by, Geography:

The walnut oil market report also analyzes the major geographic regions and countries of the market. The regions and countries covered in the study include:

• North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis

• Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis

• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis

• South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis

• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis

Scope of the Report:

The report oGlobal Walnut Oil Market: Industry Analysis, Opportunities and Forecast up to 2030o by Diligence Insights provides a detailed analysis of the present market and future outlook with market estimates and forecasts for all specified segments, encompassing both global and regional perspectives as outlined within the research framework. The study includes historical market data for the years 2022, 2023 and offers revenue estimations for 2024, and project forecasts spanning from 2025 to 2030. It places significant emphasis on the examination of market trends, key industry participants, supply chain developments, technological advancements, pivotal milestones, and prospective strategies. Comprehensive market assessments are carried out across major geographic regions, including North America, Europe, Asia Pacific, South America, and Middle East & Africa. As such, this report constitutes a valuable resource for current industry stakeholders, newcomers to the field, and potential investors.

The study offers an in-depth market analysis, drawing insights from industry experts across the value chain. A special focus has been made on 25 countries, including the United States, Canada, Mexico, the United Kingdom, Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, and South Africa, among others. The market data has been meticulously collected through extensive primary interviews and comprehensive secondary research. Market size determination is rooted in the revenue generated from sales across all the specified segments and sub-segments as defined within the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

The report offers insights into the following aspects:

• Analysis of major market trends, factors driving, restraining, threatening, and providing opportunities for the market.

• Analysis of the market structure by identifying various segments and sub-segments of the market.

• Understand the revenue forecast of the market for North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

• Analysis of opportunities by identification of high-growth segments/revenue pockets in the market.

• Understand major player profiles in the market and analyze their business strategies.

• Understand competitive developments such as joint ventures, alliances, mergers and acquisitions, and new product launches in the market.