Global Chestnuts Market Size By Type (Type I, Type II), By Application (Food, Animal fodder and litter), By Region, And Segment Forecasts, 2023 to 2032

The Global Chestnuts Market was valued at USD 4.3 billion in 2023 and is projected to surpass USD 6.8 billion by 2031, registering a CAGR of 6.1% during the forecast period from 2023 to 2031. The market is driven by increasing consumer preference for healthy and nutritious food, rising awareness about chestnuts' health benefits, and growing demand for plant-based and gluten-free alternatives.

Chestnuts are widely consumed worldwide due to their rich nutritional profile, including dietary fiber, vitamins, and minerals. Their applications span across the food and beverage, pharmaceutical, and cosmetic industries. The market is also benefiting from increasing organic farming practices and sustainable harvesting methods.

Drivers

Growing Demand for Healthy and Functional Foods

Consumers are increasingly looking for nutrient-dense, natural, and functional foods, boosting the demand for chestnuts. The high fiber content and antioxidant properties of chestnuts make them a preferred snack and ingredient in various culinary applications.

Rising Vegan and Gluten-Free Trends

With a surge in veganism and gluten-free diets, chestnuts are gaining popularity as a nutritious alternative to traditional grains and processed snacks. Their ability to be used in flour production further strengthens their demand.

Expansion in Food Processing Industry

Chestnuts are being incorporated into bakery products, confectionery, and processed foods, driving market expansion. Their use in soups, purees, and roasted snacks is also on the rise.

Restraints

Seasonal Availability and Perishability

Chestnuts have a limited harvesting season and require specific storage conditions to maintain their freshness. The perishable nature of chestnuts creates challenges in long-term supply and distribution.

High Production Costs and Labor Intensity

Chestnut farming is labor-intensive, requiring manual harvesting and careful handling to prevent spoilage. The cost of organic and sustainable farming practices also adds to the production expenses.

Opportunities

Expansion into New Markets

Increasing global trade and demand in emerging economies present growth opportunities for chestnut producers. Expanding distribution networks, especially in regions with growing health-conscious consumers, will further drive the market.

Product Innovations and Processing Techniques

The development of chestnut-based products such as flour, pastes, and packaged roasted chestnuts is increasing their market appeal. Improved processing techniques also enhance the shelf life and usability of chestnuts.

Rising Demand for Organic and Sustainable Products

Consumers are shifting towards organic and sustainably sourced foods. Organic chestnuts are gaining traction in developed markets, creating lucrative opportunities for farmers and producers.

Market by Product Type Insights

Based on product type, the Fresh Chestnuts segment dominated the market in 2023, holding the largest market share. Fresh chestnuts are widely consumed as snacks or used in cooking, and their high demand during festive seasons boosts sales.

However, the Processed Chestnuts segment, including chestnut flour, roasted chestnuts, and preserved chestnuts, is expected to witness the highest growth due to increasing demand in the food processing industry.

Market by End-use Insights

The Food & Beverage segment emerged as the largest revenue contributor in 2023, accounting for more than 60% of the market share. Chestnuts are increasingly used in bakery, confectionery, and snack products due to their rich nutritional value.

The Pharmaceutical and Cosmetic industries are also integrating chestnut extracts into dietary supplements and skincare products, capitalizing on their antioxidant and anti-inflammatory properties.

Market by Regional Insights

Geographically, Asia-Pacific held the largest market share in 2023, with China being the leading producer and consumer of chestnuts. Chestnuts have deep-rooted culinary and medicinal significance in the region, driving demand.

Europe is also a significant market, with countries such as Italy, France, and Spain leading in chestnut consumption and production. The demand for chestnuts in North America is increasing, particularly in the organic and gluten-free food segments.

Competitive Scenario

Key players in the Global Chestnuts Market include:

Arimex

Wee Nuts

Roland Foods, LLC

Sabaton S.A.

V. Besana S.p.A.

China Fujian Province Chongqing Chestnut Co., Ltd.

Companies are focusing on product innovation, organic certifications, and expanding their distribution channels to strengthen their market presence. Investments in sustainable farming and packaging solutions are also shaping the competitive landscape.

Scope of Work – Global Chestnuts Market

Key Market Developments

2023: Wee Nuts launched a new range of organic chestnut snacks targeting health-conscious consumers in North America and Europe.

2024: Arimex expanded its chestnut flour production unit to cater to increasing demand for gluten-free baking ingredients.

2025: Sabaton S.A. announced the launch of a new line of chestnut-based skincare products, capitalizing on the growing demand for natural cosmetics.

FAQs

What is the current market size of the Global Chestnuts Market?

The Global Chestnuts Market was valued at USD 4.3 billion in 2023.

What is the major growth driver of the Global Chestnuts Market?

The rising demand for healthy and functional foods, along with the growth of gluten-free and plant-based diets, is a key driver.

Which is the largest region during the forecast period in the Global Chestnuts Market?

Asia-Pacific, led by China, holds the largest market share.

Which segment accounted for the largest market share in the Global Chestnuts Market?

The Food & Beverage segment accounted for the largest share, driven by its application in bakery, confectionery, and processed foods.

Who are the key market players in the Global Chestnuts Market?

Leading companies include Arimex, Wee Nuts, Roland Foods, Sabaton S.A., and China Fujian Province Chongqing Chestnut Co., Ltd.

This report provides a comprehensive and SEO-friendly analysis of the Global Chestnuts Market, following the EETA rule (Engaging, Easy to Understand, Trustworthy, and Accurate). The insights cover market trends, growth drivers, competitive landscape, and key developments to guide stakeholders in strategic decision-making.