The Global Hazelnut Market size is expected to grow from USD 6.95 billion in 2022 to USD 9.08 billion by 2030, at a CAGR of 3.4% during the forecast period (2023-2030).
Hazelnuts are the nuts obtained from the hazel tree and can be found whole, raw, ground, sliced, or roasted. Hazelnuts are used primarily as a snack or added to baked goods. According to the International Nut and Dried Fruit Council, Hazelnut production has shown a rise in growth of 21% in 2021 and is estimated to increase between 1% to 5% in the upcoming years. Hazelnuts add taste and flavor to the chocolate truffles and are ground into flour for biscuits, and cakes. Furthermore, when compared to peanut butter, Chocolate-hazelnut spreads are majorly used, and numerous versions of this spread are available in supermarkets.
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Who are the key players in the Hazelnut Market?
Balsu Gida (Turkey),Chelmer Foods (North Essex),Kane grade (U.K),Olam International (Singapore),Oregon Hazelnuts (U.S.),Aydin Kuruyemis (Istanbul),GEONUTS (Georgia),Poyraz Tarimsal (Istanbul),Barry Callebaut AG (Switzerland),Arslantürk (Turkey),Karimex (Brazil),Gursoy Tarimsal Urunler Gida (Turkey),Fruits of Turkey (Turkey),BATA Food (Turkey),Durak Findik (Turkey), and other major players.
Studying the complete Hazelnut Market ecosystem, our study elaborates the interdependencies and functions of various market stakeholders. Through extensive segmentation analysis and comprehensive geographical coverage, we facilitate a profound comprehension of regional trends. Furthermore, we carefully analyse external factors that impact market dynamics. A key aspect of our report is the comprehensive company profiles and competitive analysis. This provides invaluable insights into market players' market role, overview, operating business segments, products, and financial performance. By evaluating crucial metrics like production volume, sales volume, and sales margin, we offer a comprehensive understanding of their market position.
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Segmentation of Hazelnut Market:
· Processed Hazelnuts
· Unprocessed Hazelnuts
By Application
· Hazelnut-based Foods & Beverages
· Hazelnut Oil
· Pharmaceutical
· Cosmetics
By Distribution Channel
· Online
· Offline
Region and Country level Analysis:
§ North America (U.S., Canada, Mexico)
§ Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
§ Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
§ Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
§ Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
§ South America (Brazil, Argentina, Rest of SA)
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The latest research on the Hazelnut Market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Hazelnut Market industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Hazelnut Market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
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