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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Australia Walnut Market Outlook

The Australia walnut market size reached USD 26.5 million in 2024. The market is expected to grow at a CAGR of 4.1% between 2025 and 2034, reaching USD 38.3 million by 2034.

Australia Walnut Market Report Summary Description Value
Base Year USD Million 2023
Historical Period USD Million 2018-2024
Forecast Period USD Million 2025-2034
Market Size 2024 USD Million 26.5
Market Size 2034 USD Million 38.3
CAGR 2018-2024 Percentage XX%
CAGR 2025-2034 Percentage 4.1%
CAGR 2025-2034 - Market by Region New South Wales 4.5%
CAGR 2025-2034 - Market by Region Victoria 4.4%
CAGR 2025-2034 - Market by Type Shelled 4.6%
CAGR 2025-2034 - Market by End Use Food Industry 4.7%
2024 Market Share by Region Queensland 20.4%

Key Takeaways:

  • In 2022, as per the Australian Nut Industry Council, the farm-gate value stood at $60 million, with an approximate export value of $25 million.
  • According to the Australian Nut Industry Council, the production of walnuts and kernels in Australia amounted to 6,500 tonnes in 2021.
  • In 2022, the annual domestic consumption of walnuts in Australia was estimated to be between 600 and 800 tonnes in shell and 4,900 tonnes of kernel, boosting Australia walnut market growth.

Due to their ease of cracking, whether they are Persian or English varieties, walnuts contribute significantly to the Australia walnut market.

This accessibility factor often drives up consumer demand, as they are more convenient for consumption. English Walnuts are known for their simple cracking, mild flavor suitable for diverse culinary uses, high nutritional content, versatility in various products, and robust market presence. This ensures stability for growers as there is a consistent demand.

Black Walnut is highly valued for its premium wood used in furniture and flooring. It produces nuts with a distinctive flavor highly prized in culinary applications. With its medicinal uses and ornamental appeal and providing growers with favorable returns.

In recent years, the Australia walnut industry has expanded notably, driven by the rise of large-scale commercial plantations. Key production regions include Tasmania's east coast, the Goulburn Valley near Shepparton, and the Murray Irrigation area around Kerang and Swan Hill in Victoria.

Market Segmentation

Australia Walnut Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

  • Shelled
  • In-shell

Market Breakup by Product

  • Black Walnut
  • Persian or English Walnut

Market Breakup by Form

  • Raw
  • Processed
    • Powder
    • Oil

Market Breakup by Nature

  • Conventional
  • Organic

Market Breakup by End Use

  • Personal Care and Cosmetics
  • Industrial
  • Pharmaceuticals
  • Household
  • Food Industry
  • Others

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others
CAGR 2025-2034 - Market by Region
New South Wales 4.5%
Victoria 4.4%
Queensland XX%
Australian Capital Territory XX%
Western Australia XX%
Others XX%

The Australia walnut market key players are Nuts About Life Pty Ltd., Scalzo Trading Company Pty Ltd., Royal Nut Company, Charlesworth Nuts Pty Ltd., and Natural Farmers Pantry among others.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Product
  • Form
  • Nature
  • End Use
  • Region
Breakup by Type
  • Shelled
  • In-shell
Breakup by Product
  • Black Walnut
  • Persian or English Walnut
Breakup by Form
  • Raw
  • Processed
Breakup by Nature
  • Conventional
  • Organic
Breakup by End Use
  • Personal Care and Cosmetics
  • Industrial
  • Pharmaceuticals
  • Household
  • Food Industry
  • Others
Breakup by Region
  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Nuts About Life Pty Ltd
  • Scalzo Trading Company Pty Ltd.
  • Royal Nut Company
  • Charlesworth Nuts Pty Ltd.
  • Natural Farmers Pantry
  • Others

*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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Key Questions Answered in the Report

The market was valued at USD 26.5 million in 2024.

The market is projected to grow at a CAGR of 4.1% between 2025 and 2034.

The revenue generated from the market is expected to reach USD 38.3 million in 2034.

The walnut market is categorised according to type, which includes in shell and shelled.

The key players 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 the product, the market is divided into black walnut and Persian or English walnut.

The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.

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