Chestnut Market 2030 | Berjaya Corp. Berhad Chengde Shenli Food, Chestnut Growers, E. and A. Potamianou, Planet Green Holdings. - Digital Journal

2022-09-10 01:20:25 By : Mr. Lucas J

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Torrance, California, USA -As per MarkWide Research’s latest study, Chestnut Market is forecast to grow by 6.7% between 2022 – 2030.

Chestnut is a type of nut that can be grown worldwide. Chestnuts are a popular food item that has a variety of uses. They can be eaten raw or roasted or even made into food. Chestnuts are also high in antioxidants, which may help to protect against cancer. Chestnuts are also a good source of protein and fiber. It is possible to use chestnuts in recipes to enhance the amount of filling and nutrients they contain.

Furthermore, chestnuts provide an excellent source of vitamin C, an essential nutrient for healthy skin and bones. As far as the enjoyment of chestnuts is concerned, there are many ways in which they can be enjoyed. They can be eaten raw or roasted, and they can also be used in recipes.

Due to their various health benefits, chestnuts have been growing in popularity significantly in recent years. As a result of their high concentration of several nutrients such as vitamin C, B1, B2, and B6, as well as folic acid, manganese, copper, and magnesium, the chestnut market is expected to grow further due to their increased use in confectionery. Many people consume them in the form of boiled, roasted, or dried beans, jam, or flour because they are rich in dietary fiber, which improves digestion. Due to this, the demand for chestnuts is exceptionally high in many countries where the production of these nuts is considerably less, such as Germany, the United States, etc. This has led to a massive increase in exports for these countries. They import chestnuts from countries like China, where there is a lot of production. Thus, making China the leading exporter of chestnuts in the world. In 2016, China exported USD 76,743 thousand worth of chestnuts at a rate of USD 86,224 thousand, and this amount is expected to rise to USD 86,527 thousand in 2019.

Factors driving the chestnut market

The growth of the gluten intolerance market is predicted to be driven by the increase in the global population with gluten intolerance.

It is estimated that the Chestnut market will increase due to the rapid rise of conditions such as gluten intolerance and celiac disease in the global population. Since chestnut flour is gluten-free, it can be used by people who suffer from such conditions with excellent safety. According to estimates, around 1-2% of the global population suffers from celiac disease, and 6% suffer from gluten intolerance. Gluten intolerance affects the Caucasian race more than others, and therefore, North American and European markets are rapidly shifting to gluten-free alternatives such as Chestnuts.

Increasing awareness of the health benefits offered by chestnuts is predicted to lead to an increase in demand for the product.

It is the increased awareness of health benefits that is pushing the market forward. Chestnuts contain a lot of vitamin C, which is why half a cup of raw chestnuts can provide about 35 to 45% of the daily vitamin C requirements. These foods are also packed with antioxidants like gallic acid and ellagic acid, which are known to reduce cardiovascular disease, stroke, and cancer risks. Moreover, chestnuts have a high fiber content that helps balance blood glucose levels and improve digestion. Due to their low glycaemic index of 54 on a scale of 100, chestnut consumption does not cause an immediate rise in blood sugar levels.

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The report includes an analysis of key developments in the chestnut market and inorganic and organic growth strategies. Companies focus on several organic growth strategies, including product launches, approvals and patents, and events and patents. Several inorganic growth strategies have been observed in the market, including acquisitions, partnerships, and collaborations. These activities have allowed market players to expand their business and customer base. With the rising demand for chestnuts in the global market over the next few years, it is anticipated that the market players in the chestnut market will enjoy lucrative growth opportunities in the future.

A SWOT analysis of key companies in the chestnut market is also included in the report and their market strategies. Additionally, the report provides information about the leading companies in the industry, their company profiles, the components and services they offer, financial information for the past three years, and key developments in the past five years for leading industry players.

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Chestnut Market Major Players Covered:

Chestnut Market Geographical Segmentation Includes:

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MarkWide Research has established itself as an innovative and neoteric Market research consulting firm unmatched in terms of adaptability and integrated strategies. We’re determined to find the most profitable market opportunities and provide efficient data for your company to succeed in the market. MarkWide endeavours to provide suitable solutions to complex business issues and facilitates an uncomplicated decision-making process. MarkWide is an aftermath of pure wisdom and experience that was developed and established in 2016

MarkWide Research has more than 500 analysts in a variety of fields. We’ve served over 40% of Fortune 500 companies worldwide and have an extensive network of five thousand clients worldwide. MarkWide Research is adept at creating happy clients who trust our services and trust our work with confidence. We are satisfied with our dazzling client satisfaction rate.

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