Press release
Hazelnut Market is anticipated to grow by 5.9% value CAGR during 2023-2033
Hazelnut Market
The Hazelnut market is the segment of the global nut industry that focuses on the production, processing, and distribution of hazelnuts, also known as filberts. Hazelnuts are highly versatile nuts used in various applications, including confectionery, bakery products, spreads, and as a standalone snack. The market's growth is driven by increasing consumer awareness of the health benefits of hazelnuts and their use in a wide range of food products.
Market Size and Growth:
The global Hazelnut market was valued at US$ 7,670.3 Million in 2023. It is expected to grow at a CAGR of 5.9% from 2023 to 2033, reaching a projected value of US$ 13,112.9 Million by the end of the forecast period. The market's growth is mainly attributed to rising demand from the food and beverage industry and an increase in consumer preference for healthy and natural ingredients.
To remain 'ahead' of your competitors, request for a samples@ https://www.persistencemarketresearch.com/samples/14005
Market Segmentations:
By Form:
• Whole Hazelnuts
• Sliced Hazelnuts
• Diced Hazelnuts
• Paste/Powder
By End-Use:
• Confectionery and Bakery
• Snacks and Bars
• Spreads (e.g., Nutella)
• Beverages
• Others
By Distribution Channel:
• Supermarkets and Hypermarkets
• Specialty Stores
• Online Retail
• Others
Regional Analysis:
The Hazelnut market is concentrated in regions with significant hazelnut cultivation and processing activities. Key regions analyzed in the report include:
• Turkey (the largest producer and exporter of hazelnuts globally)
• Italy
• United States (Oregon is a major hazelnut-producing region)
• Spain
• Georgia
• Azerbaijan
Request for customization here @ https://www.persistencemarketresearch.com/request-customization/14005
Key Players:
The Hazelnut market is dominated by several key players involved in cultivation, processing, and distribution. Major players in the market include:
• Olam International
• Balsu Gida
• Ferrero Group
• Cargill, Inc.
• Kanegrade Ltd.
• Barry Callebaut Group
• Oliva Il Nocciolo Srl
• Oregon Hazelnut Industry Office (OHIO)
• Agri Nuts
• Aydin Kuruyemiş
Market Drivers:
• Growing awareness of hazelnuts' health benefits, including their high content of healthy fats, vitamins, and minerals.
• Increasing use of hazelnuts in the food and beverage industry for their unique flavor and texture.
• Rising demand for natural and plant-based ingredients in food products.
• Expanding popularity of hazelnut-based spreads and products in emerging markets.
Challenges:
• Hazelnut production is susceptible to weather conditions and climate change, leading to supply fluctuations.
• High susceptibility to pests and diseases affecting hazelnut crops.
• Price volatility due to fluctuations in global supply and demand.
Trends:
• Increasing adoption of hazelnut-based products in the vegan and plant-based food industry.
• Introduction of innovative hazelnut-based snacks and confectionery products.
• Sustainable and organic hazelnut farming practices to meet the demand for eco-friendly products.
Contact Sales for Further Assistance in Purchasing This Report@ https://www.persistencemarketresearch.com/checkout/14005
Future Projections:
The Hazelnut market is expected to witness steady growth in the coming years. Factors such as the increasing popularity of hazelnut-based spreads, rising demand for healthier snacks, and the growing use of hazelnuts in the confectionery and bakery industries will contribute to market expansion. Additionally, the adoption of sustainable farming practices and the development of new hazelnut varieties with improved disease resistance will further drive market growth.
Explore the Latest Trend: Dive into the Exclusive "PMR" Article -
• Bouillon Stock Cubes Market News - https://www.persistencemarketresearch.com/market-research/bouillon-stock-cubes-market.asp
• Tomato Puree Market Research - https://www.persistencemarketresearch.com/market-research/tomato-puree-market.asp
Contact Us:
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Website - https://www.persistencemarketresearch.com
About Us:
Persistence Market Research is a U.S. based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Hazelnut Market is anticipated to grow by 5.9% value CAGR during 2023-2033 here
News-ID: 3191006 • Views: …
More Releases from Persistence Market Research
Europe Calf Milk Replacer Market to Reach US$1,657.2 Mn by 2032 | Driven by Risi …
The Europe calf milk replacer market is poised for significant growth over the coming years. The market size is projected to reach US$1,018.6 million in 2025 and is anticipated to expand to US$1,657.2 million by 2032, registering a robust compound annual growth rate (CAGR) of 7.2% during the forecast period from 2025 to 2032. The growth trajectory is driven by the increasing awareness among dairy farmers regarding the nutritional requirements…
Croscarmellose Sodium Market to Reach $487 Mn by 2032, Driven by Rising Pharma D …
The global croscarmellose sodium market is projected to witness significant expansion over the forecast period, reflecting the growing adoption of pharmaceutical excipients across diverse applications. Valued at approximately US$ 288.7 million in 2025, the market is expected to reach US$ 487.0 million by 2032, registering a compound annual growth rate (CAGR) of 7.8% from 2025 to 2032. This growth trajectory is driven primarily by increasing demand for orally disintegrating tablets…
Europe Egg Replacement Ingredients Market to Reach $1,711.1 Mn by 2032, Driven b …
The Europe egg replacement ingredients market is witnessing significant expansion, driven by the increasing adoption of plant-based diets and rising consumer awareness regarding health and wellness. The market size is projected to reach US$ 952.2 million in 2025 and is expected to surge to US$ 1,711.1 million by 2032, registering a robust CAGR of 8.7% over the forecast period from 2025 to 2032. The growing demand for clean-label products, vegan…
Kraft Paper Market to Reach US$ 25.0 Billion by 2032: Growth Driven by Rising De …
The global Kraft Paper market is undergoing significant expansion, driven by the accelerating shift toward eco-friendly packaging materials and the rising global awareness surrounding sustainability. As industries worldwide transition from plastic-based packaging to biodegradable alternatives, kraft paper has emerged as one of the most sought-after materials due to its strength, recyclability, and versatility.
According to the latest study by Persistence Market Research, the global Kraft Paper market size is projected to…
More Releases for Hazelnut
Emerging Trends Influencing The Growth Of The Hazelnut Market: Hazelnut Product …
The Hazelnut Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
How Big Is the Hazelnut Market Size Expected to Be by 2034?
The hazelnut market size has grown strongly in recent years. It will grow from $15.11 billion in 2024 to $16.48 billion in 2025 at…
Evolving Market Trends In The Hazelnut Oil Industry: Innovative Lip Oil Factory …
The Hazelnut Oil Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Hazelnut Oil Market Size During the Forecast Period?
The hazelnut oil market size has grown strongly in recent years. It will grow from $10.57 billion in 2024 to $11.57 billion in…
Key Influencer in the Hazelnut Oil Market 2025: Growth Of Organic Cosmetics Driv …
What combination of drivers is leading to accelerated growth in the hazelnut oil market?
The hazelnut oil market's expansion is projected to be fueled by a surge in the demand for organic cosmetics. Defined as beauty and personal care products made from certified organic natural ingredients, organic cosmetics shun the use of synthetic chemicals, pesticides, and genetically modified organisms (GMOs), adhering to strict organic regulations. The desire for organic cosmetics is…
Top Factor Driving Hazelnut Market Growth in 2025: The Impact Of Growing Plant-B …
How Are the key drivers contributing to the expansion of the hazelnut market?
The upward trend in plant-based diets is anticipated to fuel the expansion of the hazelnut market. A plant-based diet, which comprises largely of plant-sourced foods like fruits, vegetables, grains, legumes, nuts, and seeds has been gaining traction. This surge in popularity is due to factors like increased health-awareness, climate change apprehensions, animal welfare considerations, and an expansive range…
Prominent Hazelnut Oil Market Trend for 2025: Innovative Lip Oil Factory Customi …
What Are the Projected Growth and Market Size Trends for the Hazelnut Oil Market?
The market for hazelnut oil has experienced robust growth in the past few years. The market size is projected to rise from $10.57 billion in 2024 to $11.57 billion in 2025, showcasing a Compound Annual Growth Rate (CAGR) of 9.4%. The historic period growth is accredited to an increase in consumer health awareness, an amplified call for…
Prominent Hazelnut Oil Market Trend for 2025: Innovative Lip Oil Factory Customi …
What Are the Projected Growth and Market Size Trends for the Hazelnut Oil Market?
The market for hazelnut oil has experienced robust growth in the past few years. The market size is projected to rise from $10.57 billion in 2024 to $11.57 billion in 2025, showcasing a Compound Annual Growth Rate (CAGR) of 9.4%. The historic period growth is accredited to an increase in consumer health awareness, an amplified call for…
