The global Hazelnut market was valued at US$ 428 million in 2022 and is projected to reach US$ 721 million by 2029, at a CAGR of 7.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Hazelnut market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Hazelnut market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Hazelnut market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Hazelnuts are sweet tree nuts that grow in temperate zones. They are primarily cultivated in Turkey, which produces about 60% of the world's total production. Hazelnuts are rich in protein and have high nutritional value. They have a high amount of dietary fiber that helps reduce cholesterol and the highest amount of proanthocyanidin in the nut family. Hazelnuts are used in products like spreads, chocolate bars, and coffee.
This report aims to provide a comprehensive presentation of the global market for Hazelnut, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hazelnut. This report contains market size and forecasts of Hazelnut in global, including the following market information:
- Global Hazelnut Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global Hazelnut Market Sales, 2018-2023, 2024-2032, (K MT)
- Global top five Hazelnut companies in 2022 (%)
The increased awareness about health and nutrition as one of the primary growth factors for this market. Due to the presence of manganese, vitamin E, and thiamine, hazelnuts help improve brain function and reduce the chances of any degenerative disease. It also helps to control cholesterol and cardiovascular diseases. The consumption of hazelnuts is also good for muscles, bones, and skin as hazelnuts are rich in vitamins, folate, protein, and antioxidants. Antioxidants aid in fighting terminal diseases such as cancer and diabetes; whereas, folate is beneficial in preventing neural defects in babies. Hazelnuts are also beneficial for the health-conscious and calorie conscious generation and are recommended by dieticians and nutritionist.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Hazelnut manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Hazelnut Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Hazelnut Market Segment Percentages, by Type, 2022 (%)
- Processed Hazelnut
- Unprocessed Hazelnut
Global Hazelnut Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Hazelnut Market Segment Percentages, by Application, 2022 (%)
- Hazelnut-Based Foods
- Hazelnut-Based Beverages
- Hazelnut Oil
Global Hazelnut Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Hazelnut Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Hazelnut revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Hazelnut revenues share in global market, 2022 (%)
- Key companies Hazelnut sales in global market, 2018-2023 (Estimated), (K MT)
- Key companies Hazelnut sales share in global market, 2022 (%)
key players include:
- Balsu Gida
- Chelmer Foods
- Kanegrade
- Olam International
- Oregon Hazelnuts
- Aydin Kuruyemi
- GEONUTS
- Pazar Hazelnut Manufacturing & Exporting Company
- Poyraz Tarimsal
- Outline of Major Chapters:
Chapter 1: Introduces the definition of Hazelnut, market overview.
Chapter 2: Global Hazelnut market size in revenue and volume.
Chapter 3: Detailed analysis of Hazelnut manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Hazelnut in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Hazelnut capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
