Europe Hazelnut Market, By Form (Whole/In-Shell Hazelnut, Natural Hazelnut, Diced Hazelnut, Paste Hazelnut, Blanched Hazelnut, Roasted Hazelnut, Sliced Hazelnut, Hazelnut Oil, Hazelnut Meal and Others), Category (Conventional, Organic), Shape (Round Kernels, Almond Kernels, Pointed Kernels and Others), Origin (Akcakoca, Levant, Giresun), Packaging (Vacuum & Cartons Box, Bags, Pouches, Plastic Or Metal Drums), Application (Industrial, Food Service Industry, Household/Retail), Distribution Channel (Direct, Indirect) - Industry trends and forecast to 2029.
Market Analysis and Insights
Hazelnut have higher demand among the consumer for healthy ingredients, hazelnuts are providing better and smarter eating solutions which can deliver various type of health benefits. Hazelnuts are used as an additive in various food & beverages in order to enhance its taste. Hazelnut can also be used in a calorie-controlled diet, balanced diets as these nuts provide health benefits including the supports persons for healthy bowel movements.
Hazelnut is a rich dietary source of protein, linoleic acid, and unsaturated fatty acids. It also contains a higher concentration of alpha-tocopherol (Vitamin E) compared to other nuts. Hazelnuts are primarily cultivated in Turkey. Rising demand for hazelnuts in wide industrial applications, growing demand from consumers due to health benefits, increasing demand for hazelnut infused confectionaries, and increasing the production of hazelnut across the world are the major drivers which propelled the demand of the market during the forecast period. However, rising costs of raw materials and allergies associated with hazelnut are expected to restrain the market growth during the forecasted period.
Data Bridge Market Research analyses that the Hazelnut market will grow at a CAGR of 9.1% during the forecast period of 2022 to 2029.
2022 to 2029
Revenue in USD Million, Pricing in USD
Form (Whole/In-Shell Hazelnut, Natural Hazelnut, Diced Hazelnut, Paste Hazelnut, Blanched Hazelnut, Roasted Hazelnut, Sliced Hazelnut, Hazelnut Oil, Hazelnut Meal and Others), Category (Conventional, Organic), Shape (Round Kernels, Almond Kernels, Pointed Kernels and Others), Origin (Akcakoca, Levant, Giresun), Packaging (Vacuum & Cartons Box, Bags, Pouches, Plastic Or Metal Drums), Application (Industrial, Food Service Industry, Household/Retail), Distribution Channel (Direct, Indirect)
Germany, Italy, France, Switzerland, Russia, Spain, U.K., Belgium, Netherlands, Poland, Turkey, Sweden, Denmark and Rest of Europe
Market Players Covered
Arslantürk Tarim Ürünleri, Poyraz Poyraz, Findik Entegre San. Tic. A.S., URAK FINDIK Ferrero, ADM, Olam International, BALSU, Kanegrade Ltd., GPR , Nuts L, Gürsoy Tarimsal Ürünler Gida San, Boxon food, Karin Gida, Fruits of Turkey, BATA FOOD, Aydin Kuruyemis Sanayii ve Ticaret A.S., Özgün Gida Sanayi ve Ticaret Limited sirketi, and "AZERSTAR" LLC
Hazelnut is the nut of the hazel that is derived from the species of the genus corylus, mainly from the nuts of the species Corylusavellana. Hazelnut is a type of nut that can be consumed as a snack and also with numerous health benefits such as it is good for heart, helps in reducing the risk of cancer, and aid in muscle, skin, bone, joint and digestive health. It is comprised of the various types of benefits due to which it can be used in wide industrial applications such as food & beverage, pharmaceuticals and cosmetics which utilizes these products in the making of chocolates and bakery items including cake, pastries & pies, cookies & biscuits, additives in drug, creams, lotions and others. In food & beverage industry it is also used for making alcoholic beverages, juices and ready-to drinks products.
In personal care & cosmetics, hazelnut is used for preparing natural hair care and skin care products. Hazelnut is also beneficial for controlling the level of diabetes and cholesterol in the consumers.
Hazelnut Market Dynamics
- Increasing the production of hazelnut across the world
Hazelnut has a high consumption share with 35% in hard-shelled fruits around the world. It is often featured into meal or chocolate truffles and used as flour in cakes, breads and cookies. Turkey is a major hazelnut producer.
Turkey produces about 75% of total world hazelnuts production. Hazelnuts have been economically grown in temperate maritime climate provided by the Black Sea. Most orchards are on shallow and slopes and soils. The productions of hazelnuts are cultivated in many countries across the world, the many countries are engaged in producing hazelnut in international trade scale, due to which increasing the production of hazelnut across the world propelled the demand of the market in forecast period.
- Growing demand from consumers and high health benefits
Hazelnut has a high consumption among the consumers, it is a widely used in food industry especially for the chocolate making. Hazelnut has higher demand among the consumer because it is a better and smarter eating solution which can fit specific needs and lifestyle of consumers, also consumption of hazelnut help in the various types of health benefits.
Hazelnut is type of tasty snack and is a great addition to various dishes. It also provides several health benefits as it can be used for a calorie-controlled diet, also it supports healthy bowel movements, reducing weight gain, protecting against cell damage, and these are the reasons for increased demand for hazelnut among the consumers.
- Increasing demand for hazelnuts in wide industrial applications
Hazelnuts are used in wide range of industrial applications including food and beverages, pharmaceuticals and personal care & cosmetics industries. Hazelnuts are commonly used in the food industry, particularly in making pastries and chocolate which are inclusive of products such as nutella, Cadbury chocolate bars and Frangelico liqueur.
It is estimated that the worldwide production of hazelnuts each year is 600,000 tons, which is commonly used in the cosmetic and food industry because hazelnuts are rich in nutrients and also it has high content of protein, minerals, fats and vitamins, due to this increasing demand for hazelnuts in wide industrial applications boosting the market growth.
Increased awareness about health and nutrition
Hazelnuts is used in wide range of industrial applications also it is very useful in every field of life because it is an organic natural nut which used to maintain good heath, also used in preparing herbal cosmetic care product but the cost of raw material is too expensive which hampering the demand of the market.
The cost of hazelnuts raw material depends on the quality. Good quality of natural blanched hazelnut is too expensive as compared to the low quality of hazelnut. The cost of 5 kg raw hazelnut is around USD 85 which is expected to increase more significantly after processing. The cost of the raw hazelnut is varying from according to their quality.
- Allergies associated with hazelnut
Hazelnut allergy is a common type of allergy which may cause food allergy symptoms that range from mild to severe. Hazelnut allergy symptoms include abdominal pain, cramps, nausea and vomiting, diarrhoea and difficulty swallowing among other which obstructs the demand of hazelnut in the market.
COVID-19 Impact on Hazelnut Market
COVID-19 created a major impact on the hazelnut market as almost every country has opted for the shutdown for every production facility except the ones dealing in producing the essential goods. The government has taken some strict actions such as the shutdown of production and sale of non-essential goods, blocked international trade, and many more to prevent the spread of COVID-19. The only business which is dealing in this pandemic situation is the essential services that are allowed to open and run the processes.
The growth of the hazelnut market is increase in growth of logistics through airways and water ways and rapid growth in the e-commerce sector across the world. However, factors such as concerns related to inventory management in logistics are restraining the market growth. The shutdown of production facilities during the pandemic situation has had a significant impact on the market.
Manufacturers are making various strategic decisions to bounce back post-COVID-19. The players are conducting multiple research and development activities to improve the technology involved in the hazelnut market. With this, the companies will bring advanced and accurate controllers to the market. In addition, the use of advance technologies by government authorities in sea freight logistics, air freight logistics, overland logistics and contract logistics has led to the growth of import and exports of hazelnuts in the market.
- 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.
- In July 2020, additional 5 new Laser Sorters have been installed at the DURAK FINDIK, so that company reached 28 laser sorters in total, which is the highest in the hazelnut sector of Turkey. After this development, the company has enhanced their credibility in the market.
Europe Hazelnut Market Scope
Hazelnut market is segmented based on form, category, shape, origin, packaging, and application and distribution channel. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
- Whole/In-Shell Hazelnut
- Natural Hazelnut
- Diced Hazelnut
- Paste Hazelnut
- Blanched Hazelnut
- Roasted Hazelnut
- Sliced Hazelnut
- Hazelnut Oil
- Hazelnut Meal
On the basis of form, the Europe hazelnut market is segmented into whole/in-shell hazelnut, natural hazelnut, diced hazelnut, paste hazelnut, blanched hazelnut, roasted hazelnut, sliced hazelnut, hazelnut oil, hazelnut meal.
On the basis of category, the Europe hazelnut market has been segmented into conventional and organic.
- Round Kernels
- Almond Kernels
- Pointed Kernels
On the basis of shape, the Europe hazelnut market has been segmented into round kernels, almond kernels, pointed kernels, and others.
On the basis of origin, the Europe hazelnut market has been segmented into akcakoca, levant, giresun.
- Vacuum & Cartons Box
- Bags, Pouches
- Plastic Or Metal Drums
On the basis of packaging, the Europe hazelnut market has been segmented into vacuum & cartons box, bags, pouches, plastic or metal drums.
- Food Service Industry
On the basis of application, the Europe hazelnut market has been segmented into to industrial, food service industry, household/retail.
On the basis of end user, the Europe hazelnut market has been segmented into direct, and indirect.
Europe Hazelnut Market
The Hazelnut Market is analysed, and market size insights and trends are provided by the form, category, shape, origin, packaging, application and distribution channel as referenced above.
The country section of the Hazelnut Market report also provides individual market impacting factors and changes in regulations in the market domestically that impact the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the significant pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands and the impact of sales channels are considered while providing forecast analysis of the country data.
Competitive Landscape and Hazelnut Market Share Analysis
The Hazelnut Market competitive landscape provides details of the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, solution launch, product width and breadth, application dominance. The above data points are only related to the companies' focus on the Hazelnut Market.
Some of the major players operating in the Europe Hazelnut Market are Arslantürk Tarim Ürünleri, Poyraz Poyraz, Findik Entegre San. Tic. A.S., URAK FINDIK Ferrero, ADM, Olam International, BALSU, Kanegrade Ltd., GPR , Nuts L, Gürsoy Tarimsal Ürünler Gida San, Boxon food, Karin Gida, Fruits of Turkey, BATA FOOD, Aydin Kuruyemis Sanayii ve Ticaret A.S., Özgün Gida Sanayi ve Ticaret Limited sirketi, and "AZERSTAR" LLC among others.