Global Hazelnut Market is Rising Exponentially at Rate of 8.3% During the Anticipated Period

The Hazelnut Market is expected to rise at annual rate 8.3% in the forecast period of 2020 to 2027 due to the increasing demand for hazelnut infused confectionaries.

  • On the other hand, concerns regarding the allergies associated with hazelnut is expected to obstruct the hazelnut market growth in the above mentioned forecast period. Global gap between demand and supply in hazelnut production is projected to challenge the hazelnut market.

Hazelnut Market Scenario

According to Data Bridge Market Research, the market for hazelnut is accelerating because of the increasing usages of kit due to increase in demand for hazelnuts in wide industrial applications and rise in popularity of hazelnut as it is known to curb down LDL (bad) cholesterol and increased HDL (good) cholesterol. Additionally, the growing use of the product in desserts such as cakes, muffins, chocolate dishes, praline and pastries and increased awareness about health and nutrition positively affect the hazelnut market. Furthermore, product innovations extend profitable opportunities to the hazelnut market players.

Now the question is which are the other regions that hazelnut market is targeting? Data Bridge Market Research has estimated a large growth in Europe due to the wide consumption of hazelnut in the conventional segment in the region.   

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Hazelnut Market Scope

The hazelnut market is segmented on the basis of countries into the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

  • All country based analysis of the hazelnut market is further analyzed based on maximum granularity into further segmentation. The hazelnut market on the basis of form has been segmented into whole/in-shell hazelnut, natural hazelnut, diced hazelnut, paste hazelnut, blanched hazelnut, roasted hazelnut, sliced hazelnut, hazelnut oil, hazelnut meal and others. On the basis of category, the global hazelnut market is segmented into organic and conventional. On the basis of shape, the global hazelnut market is segmented into round kernels, almond kernels, pointed kernels and others. On the basis of origin, the global hazelnut market is segmented into akcakoca, levant, giresun and others. On the basis of packaging, the global hazelnut market is segmented into vacuum & cartons box, bags, pouches, plastic or metal drums and others. On the basis of application, the global hazelnut market is segmented into industrial, food service industry and household/retail. On the basis of distribution channel, the global hazelnut market is segmented into direct and indirect.
  • Hazelnuts refer to sweet tree nuts which are generally grown in temperate zones. Hazelnuts are known to be rich in protein and have high nutritional value. They possess high amount of dietary fiber that assists in reducing cholesterol. Hazelnuts are utilized in products such as spreads, chocolate bars and coffee. They are also used in production of hazelnut oil which is used for medicinal purpose and personal grooming.

To know more about the study

Key Pointers Covered in the Hazelnut Market Industry Trends and Forecast to 2027

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market Installed Base
  • Market by Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Cost of Care Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the Report

  • Arslantürk Tarım Ürünleri
  • Poyraz Poyraz, Fındık Entegre San. Tic. A.Ş.
  • Ferrero
  • ADM
  • Olam International
  • Kanegrade Ltd.
  • GPR
  • Northwest Hazelnut Company
  • Nuts L
  • Gürsoy Tarımsal Ürünler Gıda San
  • Boxon food
  • Karin Gida
  • Fruits of Turkey
  • Aydın Kuruyemiş Sanayii ve Ticaret A.Ş.
  • Özgün Gıda Sanayi ve Ticaret Limited  şirketi

Above are the key players covered in the report, to know about more and exhaustive list of hazelnut companies’, contact us

Research Methodology of Hazelnut Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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