The major growth for walnut oil demand in the market has stemmed from the rapidly expanding aromatherapy sector. Especially observed in developed regions, the growth in the aromatherapy sector accounts largely for the growth of the walnut oil market, since walnut oil is widely used as a carrier oil. The increase in the demand for cosmetic products from the young demographic of developing countries has resulted in a steady growth in the demand for walnut oil, worldwide.
Seattle, WA -- (SBWIRE) -- 11/13/2019 -- Walnut, the single-seeded stone fruit originated in parts of Central Asia and the Mediterranean region. It is known to be packed with omega-3 fats, protein, antioxidants, plant sterols, magnesium, copper, Vitamins A, D, etc. The surface structure of a walnut is similar to that of a brain, which has earned it the name "brain food", also because it is good for boosting brain health. Walnut oil is the oil extracted from walnuts and is used for various purposes. The top producers of this expensive oil are China, Iran, United States of America, Ukraine and India.
There are two types of walnut oil that are commercially available, cold-pressed and refined. Cold-pressed organic walnut oil consists of most of the nutrients that are important for our health and is hence more expensive. The refined oil, on the other hand, is low in essential nutrients and usually used in beauty and art.
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Walnut oil is a total health, beauty and home remedy available in the market. The walnut oil preparation is obtained by solvent extraction method or a cold pressing method. This oil has abundant Omega 3 essential fatty acids making it excellent for skin care use. The mineral content of walnut includes iron, zinc, sodium, selenium, calcium, magnesium and phosphorus. The oil is said to have great emollient properties making skin feel smooth and soft. Other skin benefits such as protection from free radical damage, this is due to its antioxidant properties. Thus, market demand for walnut oil from skin care products is higher. Walnut oil also provides relief from fungal infections like ringworm, athlete's foot. Walnut oil is a quick drying oil, hence is an excellent choice for body massage giving a soothing relaxing feeling and is gentle to use.
Walnut oil finds its use not only in skin care but also as hair oil, wood finishing oil, used for various cooking purposes. Walnut Oil has several other medicinal properties as well such as lowers cholesterol, anti-fungal, anti-inflammatory, anti-oxidant properties and finds various applications in pharmaceutical industry.
Amongst all application segments cosmetics segment is expected to dominant market over the forecast period, owing to the increasing demand from natural oil based skin care and hair care cosmetics. Nutritional supplements product segment is foretasted to grow due to its popularity in weight loss therapy and nourishment by omega-3 fatty acids. Walnut oil blends well with other massage oils, thus, increasing popularity in aromatherapy is another factor driving growth of walnut oil market.
On the basis of regions, the walnut market can be segmented into seven key regions; North America, Latin America, Western and Eastern Europe, Asia Pacific Excluding Japan, Japan and The Middle East and Africa. North America and Asia Pacific grabs the major share of global walnut oil market and expected to grow at a steady rate. Western Europe regional market is expected to grow at a relatively higher growth rate over the forecast period, due to the increased demand driven by awareness among consumers about the health benefits of walnut oil.
Some of the Key Players participating in the global walnut oil market includes La Tourangelle, La Nogalera walnut oil, Proteco, Aromex Industry, Yunnan Guzhiji Nutriment, Shuda Group, Yunnan Huizhiyuan, Shanghai Rongshi, Hebei Sanli etc.
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