Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 8.52 Billion

CAGR (2024-2029)

8.84%

Fastest Growing Segment

Cosmetics & Personal Care

Largest Market

North America

Market Size (2029)

USD 14.12 Billion

Market Overview

Global Hazelnut market was valued at USD 8.52 billion in 2023 and is expected to grow to USD 14.12 billion by 2029 with a CAGR of 8.84% during the forecast period. The global hazelnut market has experienced significant growth in recent years, driven by its increasing demand across various industries, including confectionery, snacks, bakery products, and health foods. Hazelnuts are a key ingredient in popular products such as chocolate, spreads, and pastries, making them integral to the food and beverage sector. The growing consumer preference for natural and healthy ingredients has further boosted the market, as hazelnuts are rich in healthy fats, vitamins, and antioxidants.

Key Market Drivers

Rising Demand in the Confectionery and Snack Industries

One of the most significant factors driving the global hazelnut market is the growing demand for hazelnuts in the confectionery and snack industries. Hazelnuts are a key ingredient in many popular products, particularly chocolates, pralines, and spreads such as Nutella, which has gained worldwide recognition. The smooth texture, nutty flavor, and nutritional benefits of hazelnuts make them highly desirable for manufacturers in these sectors.

As the global middle class expands, especially in emerging markets such as China, India, and Latin America, the demand for indulgent snacks, chocolates, and high-quality desserts has been increasing. Hazelnuts are also used in premium confectionery items, which are growing in popularity due to their association with higher quality and luxury. Moreover, the shift towards healthier, more natural food options has led to an increase in demand for hazelnuts in snack mixes, energy bars, and other on-the-go foods that emphasize wholesome, nutritious ingredients.

The chocolate industry remains one of the largest consumers of hazelnuts. With the increasing global consumption of chocolate and the growing popularity of products that incorporate nuts, hazelnut-based confections are seeing continued growth in both traditional and emerging markets. This surge in demand for hazelnut-flavored products is a key driver for the expansion of the global hazelnut market.

Health Benefits and Nutritional Value of Hazelnuts

Another major driver behind the growth of the global hazelnut market is the increasing consumer awareness of the health benefits associated with hazelnuts. Known for their rich content of healthy fats, fiber, protein, and vitamins, hazelnuts have gained popularity as a superfood among health-conscious consumers.

Hazelnuts are rich in monounsaturated fats, which are beneficial for heart health, and contain significant levels of antioxidants, including vitamin E, which helps protect the body against oxidative stress. In addition, hazelnuts are a good source of essential minerals such as magnesium, calcium, and potassium, which contribute to bone health and proper muscle function. Hazelnuts also contain high amounts of dietary fiber, which supports digestion and weight management.

With the increasing focus on plant-based, clean-label, and functional foods, consumers are turning to hazelnuts as a healthy alternative to more traditional snacks. The growing popularity of plant-based diets and vegan products, which emphasize whole foods, is also driving the demand for hazelnuts, as they are naturally gluten-free, dairy-free, and can be used in various plant-based formulations, such as milk alternatives, protein bars, and dairy-free chocolates.

As consumers become more health-conscious and look for natural, nutrient-dense snacks, the nutritional profile of hazelnuts positions them as a key ingredient in the global market for functional and health-focused food products. This health-driven demand is one of the primary factors supporting the expansion of the hazelnut market.

Increasing Awareness of Sustainability and Traceability

As sustainability and ethical sourcing continue to gain importance among both consumers and businesses, hazelnuts have come under the spotlight for their relatively low environmental impact compared to other nuts, such as almonds or cashews. Hazelnuts are grown in regions where the climate and soil conditions are naturally suited for their cultivation, requiring fewer chemical inputs and water resources, making them an environmentally friendly crop.

The growing awareness of sustainability is pushing both consumers and food companies to opt for products that align with ethical sourcing practices. Many hazelnut producers have adopted certifications such as Fair Trade and organic farming, which appeal to environmentally conscious consumers. Brands that incorporate sustainable sourcing into their products are seeing increased customer loyalty and demand, further driving the global hazelnut market.


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Key Market Challenges

Price Volatility and Supply Chain Instability

The hazelnut market is prone to price volatility, primarily due to the highly concentrated nature of global production and reliance on a few key producers. With Turkey accounting for the majority of global production, fluctuations in supply from this country significantly influence global hazelnut prices. Any disruptions in production—whether due to adverse weather, disease outbreaks, or geopolitical tensions—can lead to supply shortages, causing prices to spike.

Price volatility also affects hazelnut processors and manufacturers who rely on stable prices to manage costs and maintain profitability. For instance, if prices rise sharply due to a supply shortfall, manufacturers may face higher raw material costs, leading to increased production costs. Conversely, when there is an oversupply of hazelnuts, prices can fall, reducing profitability for producers and suppliers.

Furthermore, hazelnut production and supply chains are susceptible to geopolitical risks. For example, trade restrictions, tariffs, or political instability in hazelnut-producing countries can disrupt exports and hinder the flow of hazelnuts to international markets. In 2019, Turkey faced challenges due to trade tensions with the European Union and the U.S., affecting the stability of its hazelnut exports. Supply chain disruptions, combined with price volatility, pose significant challenges for both producers and consumers in the hazelnut market.

To mitigate these risks, companies in the hazelnut industry are exploring ways to diversify their supply chains and source hazelnuts from multiple regions. Some are also working to develop long-term contracts and pricing mechanisms to stabilize costs and protect against market fluctuations. However, these efforts do not fully eliminate the risk of supply chain instability or price volatility, which remain significant challenges.

Pests and Disease Threats

Another challenge facing the global hazelnut market is the increasing threat of pests and diseases that can severely damage hazelnut crops. Hazelnuts are susceptible to a range of pests, such as the hazelnut weevil and the European brown garden snail, as well as diseases like fungal infections and bacterial blight. These pests and diseases can weaken trees, reduce yields, and compromise the quality of the nuts.

In Turkey, where the bulk of the global hazelnut supply is produced, the presence of pests like the hazelnut weevil has led to reduced crop yields in recent years. The weevil larvae feed on hazelnut kernels, rendering the nuts unfit for consumption. Similarly, fungal diseases, such as the hazelnut rust disease, can impact tree health and reduce the quality of the harvested nuts.

The increasing prevalence of pests and diseases has led to greater reliance on pesticides and other chemical treatments, raising concerns about environmental sustainability and food safety. However, the use of chemicals can also lead to resistance among pests, exacerbating the problem in the long term. Moreover, the growing demand for organic hazelnuts—driven by consumer preferences for clean-label products—poses a challenge, as organic farming practices restrict the use of certain pesticides and chemical treatments.

Key Market Trends

Technological Advancements and Innovation in Hazelnut Processing

Advancements in technology are playing a crucial role in driving innovation within the hazelnut industry. These innovations are helping to improve the efficiency of production, reduce costs, and enhance product quality. In particular, technological advancements in processing have allowed manufacturers to develop a broader range of hazelnut-based products, catering to various consumer preferences.

One key area of innovation is in the processing of hazelnuts to create products with extended shelf life, such as hazelnut-based pastes, butters, and spreads. New processing techniques that preserve the nuts’ flavor and nutritional content, while reducing the use of preservatives, have allowed manufacturers to meet the growing consumer demand for fresh, natural ingredients. For instance, advancements in cold pressing technology have enabled the production of hazelnut oils that retain more of the nuts' natural antioxidants and nutrients.

Automation and mechanization in hazelnut harvesting and processing are also gaining traction. The use of automated equipment to sort, roast, and shell hazelnuts improves operational efficiency and reduces labor costs. Additionally, technology is being employed to monitor crop health and environmental conditions, helping farmers respond more effectively to weather changes and pests, ultimately improving yields and quality.

Innovation in product development is another major trend, as manufacturers experiment with new ways to incorporate hazelnuts into both traditional and new product categories. From hazelnut milk to hazelnut-flavored protein bars and energy drinks, the versatility of hazelnuts is being leveraged to create products that cater to the growing demand for healthier, plant-based, and allergen-free foods.

Rising Demand in Emerging Markets

Emerging markets, particularly in Asia-Pacific, Latin America, and the Middle East, are becoming increasingly important for the global hazelnut market. As disposable incomes rise and lifestyles shift towards more Westernized dietary habits, these regions are experiencing growing demand for products that contain hazelnuts, such as chocolates, snacks, and baked goods.

In particular, countries in the Asia-Pacific region, including China and India, have seen significant growth in hazelnut consumption, driven by the expanding middle class and the increasing popularity of Western confectionery brands. With the rapid growth of e-commerce platforms and modern retail channels, consumers in these regions now have better access to hazelnut-based products, further fueling market growth.

Similarly, in Latin America and the Middle East, hazelnuts are gaining popularity in both traditional foods and as ingredients in Western-style snacks and desserts. As consumer preferences shift toward healthier and more premium food options, hazelnuts are being increasingly used in these regions to create higher-value food products, including organic and gluten-free options.

To cater to this rising demand, hazelnut producers are focusing on expanding their export markets and enhancing their supply chains to reach these emerging regions. As hazelnut consumption continues to grow in these areas, it is expected that demand will drive further investment in production and infrastructure.

Segmental Insights

Application Insights

The Food & Beverage segment is the dominating segment in the global hazelnut market, driven by the increasing use of hazelnuts in confectionery, snacks, and bakery products. Hazelnuts are widely used in chocolate spreads, nut butters, energy bars, and beverages due to their rich flavor and nutritional benefits. The growing consumer preference for healthy, plant-based, and organic ingredients has further propelled the demand for hazelnuts in this sector. Additionally, hazelnuts are gaining popularity in premium and clean-label products, as consumers seek natural, wholesome ingredients. This trend solidifies the Food & Beverage segment's dominance in the global hazelnut market.

 

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Regional Insights

North America is the dominating region in the global hazelnut market, driven by strong demand from the United States and Canada. The region's growing consumer preference for healthy, plant-based, and organic products has significantly boosted the use of hazelnuts in various industries, including confectionery, snacks, and plant-based alternatives. The increasing popularity of hazelnut-based spreads, nut butters, and dairy-free products has further fueled market growth. Additionally, the rise of clean-label products and growing awareness of the health benefits of hazelnuts has solidified North America’s position as the leading market for hazelnut consumption and production.

Recent Developments

  • In Sep 2024, Ferrero has launched a new plant-based version of its iconic Nutella spread. This innovation responds to growing demand for plant-based alternatives and caters to consumers looking for dairy-free options. The new Nutella variant maintains the classic flavor, offering a creamy texture and taste, while being made with sustainable ingredients.

  • In Feb 2024, Chosen Foods has launched a new chocolate hazelnut spread made with 100% pure avocado oil. This innovative product provides a healthier alternative to traditional spreads, offering rich flavor while being free from palm oil. It caters to consumers seeking nutritious, plant-based options without sacrificing taste.

Key Market Players

  • Gürsoy A.Ş. 
  • Ferrero International S.A.
  • Olam Group Limited
  • Holmquist Hazelnut Orchards, LLC
  • Durak Findik Sanayi VE Ticaret A.S.
  • Azerstar LLC
  • American Hazelnut Company
  • NW Hazelnut Company
  • Barry Callebaut AG
  • Chelmer Foods Limited

 

By Product Type

 

By Application

 

By Region

  • Whole Hazelnut
  • Hazelnut Oil
  • Hazelnut Flour
  • Hazelnut Paste
  • Others
  • Food & Beverage
  • Cosmetics & Personal Care
  • Pharmaceuticals
  • Others
  • North America
  • Asia Pacific
  • Europe
  • South America

Middle East & Africa

 

Report Scope:

In this report, the Global Hazelnut Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  •   Hazelnut Market, By Product Type:

o   Whole Hazelnut

o   Hazelnut Oil

o   Hazelnut Flour

o   Hazelnut Paste

o   Others

  • Hazelnut Market, By Application:

o   Food & Beverage

o   Cosmetics & Personal Care

o   Pharmaceuticals

o   Others

  • Hazelnut Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Asia-Pacific

§  China

§  Japan

§  India

§  Australia

§  South Korea

§  Indonesia

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   South America

§  Argentina

§  Colombia

§  Brazil

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Hazelnut Market.

Available Customizations:

Global Hazelnut Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Hazelnut Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary      

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Voice of Customers

4.1.  Brand Awareness

4.2.  Factor Influencing Purchase Decision

5.    Global Hazelnut Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Product Type Market Share Analysis (Whole Hazelnut, Hazelnut Oil, Hazelnut Flour, Hazelnut Paste, Others)

5.2.2.    By Application Market Share Analysis (Food & Beverage, Cosmetics & Personal Care, Pharmaceuticals, Others)

5.2.3.    By Regional Market Share Analysis

5.2.3.1.        North America Market Share Analysis

5.2.3.2.        Europe Market Share Analysis

5.2.3.3.        Asia Pacific Market Share Analysis

5.2.3.4.        Middle East & Africa Market Share Analysis

5.2.3.5.        South America Market Share Analysis

5.2.4.    By Top 5 Companies Market Share Analysis, Others (2023)

5.3.  Global Hazelnut Market Mapping & Opportunity Assessment

5.3.1.    By Product Type Market Mapping & Opportunity Assessment

5.3.2.    By Application Market Mapping & Opportunity Assessment

5.3.3.    By Regional Market Mapping & Opportunity Assessment

6.    North America Hazelnut Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Product Type Market Share Analysis

6.2.2.    By Application Market Share Analysis

6.2.3.    By Country Market Share Analysis

6.3.  North America: Country Analysis

6.3.1.    United States Hazelnut Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Product Type Market Share Analysis

6.3.1.2.2.           By Application Market Share Analysis

6.3.2.    Canada Hazelnut Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Product Type Market Share Analysis

6.3.2.2.2.           By Application Market Share Analysis

6.3.3.    Mexico Hazelnut Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Product Type Market Share Analysis

6.3.3.2.2.           By Application Market Share Analysis

7.    Asia Pacific Hazelnut Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Product Type Market Share Analysis

7.2.2.    By Application Market Share Analysis

7.2.3.    By Country Market Share Analysis

7.3.  Asia Pacific: Country Analysis

7.3.1.    China Hazelnut Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Product Type Market Share Analysis

7.3.1.2.2.           By Application Market Share Analysis

7.3.2.    Japan Hazelnut Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Product Type Market Share Analysis

7.3.2.2.2.           By Application Market Share Analysis

7.3.3.    India Hazelnut Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Product Type Market Share Analysis

7.3.3.2.2.           By Application Market Share Analysis

7.3.4.    Australia Hazelnut Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Product Type Market Share Analysis

7.3.4.2.2.           By Application Market Share Analysis

7.3.5.    South Korea Hazelnut Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Product Type Market Share Analysis

7.3.5.2.2.           By Application Market Share Analysis

7.3.6.    Indonesia Hazelnut Market Outlook

7.3.6.1.        Market Size & Forecast

7.3.6.1.1.           By Value

7.3.6.2.        Market Share & Forecast

7.3.6.2.1.           By Product Type Market Share Analysis

7.3.6.2.2.           By Application Market Share Analysis

8.    Europe Hazelnut Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Product Type Market Share Analysis

8.2.2.    By Application Market Share Analysis

8.2.3.    By Country Market Share Analysis

8.3.  Europe: Country Analysis

8.3.1.    France Hazelnut Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Product Type Market Share Analysis

8.3.1.2.2.           By Application Market Share Analysis

8.3.2.    United Kingdom Hazelnut Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Product Type Market Share Analysis

8.3.2.2.2.           By Application Market Share Analysis

8.3.3.    Italy Hazelnut Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Product Type Market Share Analysis

8.3.3.2.2.           By Application Market Share Analysis

8.3.4.    Germany Hazelnut Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Product Type Market Share Analysis

8.3.4.2.2.           By Application Market Share Analysis

8.3.5.    Spain Hazelnut Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Product Type Market Share Analysis

8.3.5.2.2.           By Application Market Share Analysis

9.    South America Hazelnut Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Product Type Market Share Analysis

9.2.2.    By Application Market Share Analysis

9.2.3.    By Country Market Share Analysis

9.3.  South America: Country Analysis

9.3.1.    Argentina Hazelnut Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Product Type Market Share Analysis

9.3.1.2.2.           By Application Market Share Analysis

9.3.2.    Colombia Hazelnut Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Product Type Market Share Analysis

9.3.2.2.2.           By Application Market Share Analysis

9.3.3.    Brazil Hazelnut Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Product Type Market Share Analysis

9.3.3.2.2.           By Application Market Share Analysis

10. Middle East & Africa Hazelnut Market Outlook

10.1.            Market Size & Forecast

10.1.1. By Value

10.2.            Market Share & Forecast

10.2.1. By Product Type Market Share Analysis

10.2.2. By Application Market Share Analysis

10.2.3. By Country Market Share Analysis

10.3.            Middle East & Africa: Country Analysis

10.3.1. South Africa Hazelnut Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Product Type Market Share Analysis

10.3.1.2.2.         By Application Market Share Analysis

10.3.2. Saudi Arabia Hazelnut Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Product Type Market Share Analysis

10.3.2.2.2.         By Application Market Share Analysis

10.3.3. UAE Hazelnut Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Product Type Market Share Analysis

10.3.3.2.2.         By Application Market Share Analysis

10.3.4. Turkey Hazelnut Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Value

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Product Type Market Share Analysis

10.3.4.2.2.         By Application Market Share Analysis

11. Market Dynamics

11.1.            Drivers

11.2.            Challenges

12. Impact of COVID-19 on Global Hazelnut Market

12.1.            Impact Assessment Model   

12.1.1. Key Segments Impacted

12.1.2. Key Region Impacted

12.1.3. Key Countries Impacted

13. Market Trends & Developments

14. Competitive Landscape

14.1.            Company Profiles

14.1.1. Gürsoy A.Ş. 

14.1.1.1.     Company Details

14.1.1.2.     Products

14.1.1.3.     Financials (As Per Availability)

14.1.1.4.     Key Market Focus & Geographical Presence

14.1.1.5.     Recent Developments

14.1.1.6.     Key Management Personnel

14.1.2. Ferrero International S.A.

14.1.2.1.     Company Details

14.1.2.2.     Products

14.1.2.3.     Financials (As Per Availability)

14.1.2.4.     Key Market Focus & Geographical Presence

14.1.2.5.     Recent Developments

14.1.2.6.     Key Management Personnel

14.1.3. Olam Group Limited

14.1.3.1.     Company Details

14.1.3.2.     Products

14.1.3.3.     Financials (As Per Availability)

14.1.3.4.     Key Market Focus & Geographical Presence

14.1.3.5.     Recent Developments

14.1.3.6.     Key Management Personnel

14.1.4. Holmquist Hazelnut Orchards, LLC

14.1.4.1.     Company Details

14.1.4.2.     Products

14.1.4.3.     Financials (As Per Availability)

14.1.4.4.     Key Market Focus & Geographical Presence

14.1.4.5.     Recent Developments

14.1.4.6.     Key Management Personnel

14.1.5. Durak Findik Sanayi VE Ticaret A.S.

14.1.5.1.     Company Details

14.1.5.2.     Products

14.1.5.3.     Financials (As Per Availability)

14.1.5.4.     Key Market Focus & Geographical Presence

14.1.5.5.     Recent Developments

14.1.5.6.     Key Management Personnel

14.1.6. Azerstar LLC

14.1.6.1.     Company Details

14.1.6.2.     Products

14.1.6.3.     Financials (As Per Availability)

14.1.6.4.     Key Market Focus & Geographical Presence

14.1.6.5.     Recent Developments

14.1.6.6.     Key Management Personnel

14.1.7. American Hazelnut Company

14.1.7.1.     Company Details

14.1.7.2.     Products

14.1.7.3.     Financials (As Per Availability)

14.1.7.4.     Key Market Focus & Geographical Presence

14.1.7.5.     Recent Developments

14.1.7.6.     Key Management Personnel

14.1.8. NW Hazelnut Company

14.1.8.1.     Company Details

14.1.8.2.     Products

14.1.8.3.     Financials (As Per Availability)

14.1.8.4.     Key Market Focus & Geographical Presence

14.1.8.5.     Recent Developments

14.1.8.6.     Key Management Personnel

14.1.9. Barry Callebaut AG

14.1.9.1.     Company Details

14.1.9.2.     Products

14.1.9.3.     Financials (As Per Availability)

14.1.9.4.     Key Market Focus & Geographical Presence

14.1.9.5.     Recent Developments

14.1.9.6.     Key Management Personnel

14.1.10.              Chelmer Foods Limited

14.1.10.1.  Company Details

14.1.10.2.  Products

14.1.10.3.  Financials (As Per Availability)

14.1.10.4.  Key Market Focus & Geographical Presence

14.1.10.5.  Recent Developments

14.1.10.6.  Key Management Personnel

15. Strategic Recommendations/Action Plan

15.1.            Key Focus Areas

15.2.            Target By Product Type

15.3.            Target By Application

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Hazelnut Market was estimated to be USD 8.52 billion in 2023.

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The major drivers for the global hazelnut market include increasing demand for healthy, plant-based products, growing consumption in confectionery and snacks, rising awareness of health benefits, and expanding vegan and dairy-free product categories.

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Major trends in the global hazelnut market include the rise of health-conscious and functional foods, sustainable farming practices, technological innovations in processing, and growing demand in emerging markets.

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Major challenges in the global hazelnut market include climate change impacting yields, supply chain disruptions, price volatility, and competition from other nuts, along with rising production costs and labor shortages.

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Parvati Sharma

Account Manager BD
Press Release

Hazelnut Market Grow with a CAGR of 8.84% through 2029

Nov, 2024

The global hazelnut market is driven by increasing demand in confectionery, snacks, and bakery industries, growing production, and emerging markets contribute to market growth and innovation