Ferrero, ADM and Olam International are Dominating the Global Hazelnuts Market in 2019

Global Hazelnuts Market is expected to grow with the CAGR of 8.3% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

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Global hazelnuts market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in global Hazelnuts market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, in October 2019, Olam International acquired Hughson Nut which is a leading manufacturer of almond processor, after this acquisition company expanded their almond ingredients capacity.  

Ferrero is dominating player in global hazelnuts market. The other key players existing in the market includes Arslantürk Tarım Ürünleri, Poyraz Poyraz, Fındık Entegre San. Tic. A.Ş., URAK FINDIK, ADM, Olam International, BALSU, Kanegrade Ltd., GPR , Northwest Hazelnut Company, 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.

Hazelnut MarketFerrero 

Ferrero, headquartered in Turkey was founded in 1946. The company is engaged in outgrowing development hazelnut industry on a worldwide scale. The company has various brand categories such as ferrero hazelnut company, ferrero food service and ferrero travel market, out of which ferrero hazelnut company is the market focused brand category.

  • In July 2014, Ferrero acquired of Oltan Group, which is leading operator globally in the processing, marketing and procurement of hazelnuts. 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 globally. 

The company has presence across the globe in North America, South America, Europe, Asia-Pacific, Middle East and Africa.  

ADM

ADM is headquartered in Illinois, U.S., was founded in 1902. The company is engaged in commercializing of human and animal nutrition across the world. The company has multiple business segments such as Ag services and oilseeds, carbohydrate solutions, nutrition and others, among which nutrition is the market focused business segment. The company offers product categories which are food & beverage, animal nutrition, industrials, fuel, farmer services, financial services and logistics out of which food & beverage is the market focused category.

  • In February 2015, ADM announced that they have acquired California processing facility of tree nut and seed processing assets from California Gold Almonds, this acquisition has helped the company in growing its business in the U.S. region.

The company has wide global presence across North America, South America, Europe, Middle East and Africa, Asia-Pacific and generates revenue from subsidiaries such as ADM (Shanghai) Management Co. LTD (China), ADM (Thailand) Ltd (Thailand), ADM Agriculture Limited (U.K.), ADM Agri-Industries Company (Canada) and ADM Agro Iberica S. L. U.  (Spain). 

Olam International 

Olam International is headquartered in Côte d’Ivoire, West Africa and was founded in year 1989. The company is engaged in manufacturing and commercializing of wide range of Olam Food Ingredients across the world. The company operates in food category and non-food category business segments out of which food category is market focused segment. The company offers wide range of product categories such as olam food ingredients and olam global agri, in which olam food ingredients is market focused category.   

  • In November 2011, Olam International acquired Progida Group and expanded their business of hazelnuts. After this acquisition, the company has enhanced their product portfolio in the market.

The company has wide global presence across the world in North America South America, Europe, Middle East and Africa and Asia-Pacific with its various subsidiaries such as Olam Ghana Limited (Ghana), Olam South Africa (Proprietary) Limited (South Africa), Olam Agricola Ltda (Brazil), LLC Outspan International (Russia) and Olam Orchards Australia Pty Ltd (Australia), among others.