Chestnut Market will Showcase Neutral Impact during 2020-2024|The Health Benefits of Chestnuts to Boost the Market Growth
Technavio has been monitoring the chestnut market and it is poised to grow by $ 1.65 bn during 2020-2024, progressing at a CAGR of almost 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Chestnuts Market 2020-2024 (Graphic: Business Wire)
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Berjaya Corp. Berhad, Chengde Shenli Food Co. Ltd., Chestnut Growers Inc., E. & A. Potamianou Inc., Planet Green Holdings Corp., Qinhuangdao Yanshan Chestnut Co. Ltd., SAMRIOGLU Group of Companies, Shandong Maria Food Co. Ltd., Shandong Zhifeng Foodstuffs Co. Ltd., and V. Besana Spa. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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The health benefits of chestnuts has been instrumental in driving the growth of the market.
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