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Upsurge in health concerns among consumers related to obesity, early aging and hair loss issues are some of key reasons spurring the growth of walnut milk market. Owing to it contain vitamin B7 which is used as a supplement in order to prevent the hair loss and helps in minimizing cholesterol level in order to control fatness as it is a lactose free component. Other health benefits include as it improves mental health by providing essential fatty acids (omega 3) and fats, controls high blood pressure and symptoms of arthritis problem. The product contains amino acid tryptophan which helps in development of enteric nervous system which supports to better digestion function are some major factors will uplift the product market demand during forecast period.
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North America holds the largest market share of walnut milk owing to largest consumer of the product and the U.S. is the major exporter of walnut. Fuel Cell Market size worth $25.5bn by 2024 Low Power Wide Area Network
Application of Weight Management walnut milk Market: • Increasing demand in personal care industry is likely to fuel the walnut milk market in upcoming years. • As the product is used in wrinkle free creams which is highly demanded in European nations due to the large presence of ageing population in this region. High usage of the product for the prevention of heart disease as it contains the antioxidant and it minimizes the diabetes risk. • It also slows down the aging rate among humans and contains melatonin which prevent the insomnia disorder. These all are the significant factors for product market growth.
Competitive Market Share of walnut milk Market: • The prominent leaders in walnut milk market includes Elmhurst Harvest, Yili Group, Chengde Lulu, Panpan Food, Sanyuan Group and China Mengniu • Dairy Company Limited. Some other key players include WhiteWave Foods, Mengniu, • Wahaha Products and Diamond foods. For an instance, In March 2010, Diamond foods closed its acquisition of kettle foods groups as under the agreement the company acquired the all operational units of kettle foods.
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