Ferrero, BALSU and ADM are dominating the Europe Hazelnut Market in 2021

 

Europe Hazelnut Market is said to grow with the CAGR of 9.1% in the forecast period of 2022 to 2029. The years considered for study are as mentioned below.

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Europe hazelnut market is a highly fragmented market, which includes number of key players as well as local players. The market has witnessed increased strategic developments owing to a favourable market scenario.

  • In February 2022, ADM, announced that it has completed its acquisition of Comhan, a leading South African flavour distributor. ADM believe it is critical to invest in flavour creation assets globally to extend production and supply chains, making it easier to get unique and consumer-preferred flavours to local customers. This acquisition helps to improve the product portfolio of the company.

Ferrero is the dominating player in Europe FTTH GPON Market. The other key players existing in the market includes Arslantürk Tarım Ürünleri, Poyraz Poyraz, Fındık Entegre San. Tic. A.Ş., URAK FINDIK Ferrero, ADM, Olam International, BALSU, Kanegrade Ltd., GPR , Nuts L, Gürsoy Tarımsal Ürünler Gıda San, Boxon food, Karin Gida, Fruits of Turkey, BATA FOOD, Aydın Kuruyemiş Sanayii ve Ticaret A.Ş., Özgün Gıda Sanayi ve Ticaret Limited şirketi, and "AZERSTAR" LLC among others.   

Ferrero

Ferrero is headquartered in Turkey and was founded in 1946. The company is engaged in outgrowing development hazelnut industry on a worldwide scale. The company offers wide range of products categories such as Ferrero Hazelnut Company, Ferrero Food Service, and Ferrero Travel Market in which Ferrero Hazelnut Company is the market focused category.

  • In July 2014, Ferrero announced an acquisition of Oltan Group, which is leading operator Europe ly in the processing, marketing and procurement of hazelnuts. The company has also invested in hazelnut sector in Turkey. This acquisition has helped the company’s social responsibility engagement on sustainable agricultural practices. After this acquisition, the company has enhanced its credibility in the market.

The company has a wide presence across Europe, Asia-Pacific, Americas, Middle East and Africa.

BALSU  

BALSU is headquartered in Sakarya, Turkey and was founded in 1978. The company engaged in providing premium, natural and processed hazelnuts to across the world. The company offers wide range of products categories such as Natural Hazelnut Kernel, Roasted Hazelnut Kernel, Blanched Hazelnut Kernel, Diced Hazelnut, Hazelnut Paste, Hazelnut Meal which also the market focused category.

The company has wide global presence across North Americas, Asia-Pacific, and Europe

Europe Hazelnut Market

ADM

ADM is headquartered in Illinois, U.S. and was founded in 1902. The company engaged in commercializing of human and animal nutrition across the world. The company offers wide range of products categories such as Food & Beverage Solutions, Animal Nutrition, Industrials, Fuel, Farmer Services, Financial Services, and Logistics in which Food & Beverage Solutions is the market focused category.

  • In February 2022, ADM, announced that it has completed its acquisition of Comhan, a leading South African flavour distributor. ADM believe it is critical to invest in flavor creation assets globally to extend production and supply chains, making it easier to get unique and consumer-preferred flavors to local customers. This acquisition helps to improve the product portfolio of the company.

The company has wide global presence across Americas, Asia-Pacific, Middle East and Africa and Europe with its various subsidiaries such as ADM (Shanghai) Management Co. LTD (China), ADM (Thailand) Ltd (Thailand), ADM Agriculture Limited (U.K.), ADM Agri-Industries Company (Canada), ADM Agro Iberica S. L. U. (Spain) among others.