The "Hazelnut Market Size and Share Analysis - Growth Trends and Forecast Report 2025-2033" report has been added to ResearchAndMarkets.com's offering.
Hazelnut Market is expected to reach US$ 19.15 billion in 2033 from US$ 8.98 billion in 2024, with a CAGR of 8.78% from 2025 to 2033.
Nutrient-dense hazelnuts are prized for their flavor and adaptability. They are good for skin, heart health, and general well-being since they are rich in vitamins, antioxidants, and healthy fats. Hazelnuts are frequently used in confections, baking, and snacking. They can also be found in chocolates, spreads, and plant-based milk substitutes. They originated in Europe and Asia and are currently grown in many parts of the world, with Turkey being the biggest producer. Hazelnuts are becoming more and more popular because of their many culinary uses and health advantages.
The market is expanding steadily due to the product's growing nutritional value and health benefits, rising demand for products made from hazelnuts, the growing acceptance of plant-based diets, growing consumer awareness of sustainable agriculture, and rising interest in plant-based protein sources.
With robust demand in Europe, North America, and Asia, the hazelnut industry exhibits regional variety. While plant-based and high-end items are becoming more popular in North America, confections and snacks are the main focus in Europe. Asia is increasing quickly as a result of growing culinary applications and health-conscious consumer demands.
A number of reasons are driving the expansion of the hazelnut market. Demand is rising as a result of growing consumer knowledge of hazelnuts' many health advantages, such as its high antioxidant, fiber, and healthy fat content. The market is expanding as a result of the rising demand for plant-based goods, especially milk and spreads made from hazelnuts. Growth is further aided by the growing usage of hazelnuts in baked goods, snacks, and confections. Consumer interest is further increased by the growth of high-end and organic products. Additionally, growing Asian markets and more uses in the food and beverage sectors are major factors propelling the growth of the worldwide hazelnut market.
Growth Drivers for the Hazelnut Market
Raising Knowledge about Sustainable Agriculture
The demand for hazelnuts sourced sustainably is being driven by growing knowledge of sustainability challenges in agriculture, which is also affecting consumer tastes and market dynamics. Throughout the supply chain, from farm to fork, sustainable agriculture techniques seek to reduce environmental impact, conserve natural resources, and foster social responsibility. Sustainable production methods are essential for reducing environmental degradation and protecting natural habitats since hazelnut growing is frequently linked to areas with delicate ecosystems and biodiversity.
Agroforestry techniques, organic farming methods, water conservation strategies, and biodiversity preservation are all examples of sustainable hazelnut farming practices. The demand for goods made in an environmentally and socially responsible manner is rising as consumers become more aware of the effects that their dietary choices have on the environment and society. Because of this, consumers who value ethical and environmentally friendly products are becoming more interested in hazelnuts that are sourced sustainably.
Increased Adoption of Plant-Based Diets
6.4% of UK adults are planning to follow a vegan diet in 2025, an estimated 3.4 million people, including 2.1% who are currently vegan. The demand for hazelnuts and other plant-based foods is rising due to the increasing popularity of plant-based diets, which is fueling the hazelnut market's expansion. Due to its alleged health and environmental advantages, plant-based diets - which prioritize whole grains, fruits, vegetables, nuts, and seeds while reducing or excluding animal products - have been increasingly popular in recent years.
Because they include vital elements including protein, fiber, healthy fats, vitamins, and minerals, hazelnuts are a great addition to plant-based diets. They are especially tempting to people who follow vegetarian, vegan, or flexitarian diets because they provide a healthy and filling substitute for animal-based protein sources. Hazelnuts are prized for their culinary diversity and capacity to enhance plant-based recipes with flavor, texture, and richness, in addition to their nutritional advantages. They can be used in sweet pleasures like vegan sweets and dairy-free ice creams, as well as savory dishes like salads, stir-fries, and grain bowls.
Increasing Nutritional Value and Health Benefits
The market for hazelnuts is mostly driven by the nutrient-dense and health-promoting qualities of these nuts. Essential vitamins, minerals, and antioxidants like copper, manganese, and vitamin E are abundant in these nuts. Additionally, they include heart-healthy fats like monounsaturated and polyunsaturated fats. Hazelnuts are also a good source of dietary fiber, which facilitates satiety and aids in digestion.
Health-conscious customers' desire for items made with hazelnuts has surged as a result of improved knowledge about the nutritional benefits of hazelnuts. According to studies, eating hazelnuts can help lower cholesterol, lower the risk of heart disease, and enhance general health. To meet this demand, producers are creating cutting-edge hazelnut-based snacks, spreads, and drinks.
Challenges in the Hazelnut Market
Supply chain disruption
In the hazelnut market, supply chain reliance poses a significant problem because of the concentration of production in particular areas. Because any disruption - whether brought on by labor disputes, natural catastrophes, or political unrest - can impact global supply, this dependency presents vulnerabilities. Unpredictable availability and price volatility may result from such disruptions. The industry's capacity to promptly adjust to shifting circumstances is also hampered by the lack of sourcing diversification, leaving the market vulnerable to outside influences that could impede steady supply.
Supply Chain Issues
Unpredictable elements including weather, crop yields, and supply-demand mismatches are the main causes of price volatility, which pose a serious problem for the hazelnut market. Both producers and consumers experience instability as a result of these swings, which makes long-term planning challenging. Inconsistent pricing can have an impact on farmers' profitability and investment choices, while manufacturers struggle with cost control. In addition to discouraging possible investors, volatile prices can cause supply chain interruptions, which makes it more difficult to maintain consistent levels of production and pricing.
Company Analysis: Overview, Key Persons, Recent Development & Strategies, Financial Insights
- Archer Daniels Midland Company
- Olam International
- Arslanturk S.A.
- Holmquist Hazelnut Orchards, LLC
- DurakFindik
- DeveHerbes
- Azerstar LLC
- American Hazelnut Company
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 110 |
| Forecast Period | 2024 - 2033 |
| Estimated Market Value (USD) in 2024 | $8.98 Billion |
| Forecasted Market Value (USD) by 2033 | $19.15 Billion |
| Compound Annual Growth Rate | 8.7% |
| Regions Covered | Global |
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. Hazelnut Market
6. Market Share Analysis
6.1 By Product
6.2 By Application
6.3 By Country
7. Product
7.1 Whole Hazelnut
7.2 Hazelnut Paste
7.3 Hazelnut Oil
7.4 Others
8. Application
8.1 Food & Beverage
8.2 Cosmetics & Personal Care
8.3 Pharmaceuticals
8.4 Others
9. Countries
9.1 North America
9.1.1 United States
9.1.2 Canada
9.2 Europe
9.2.1 France
9.2.2 Germany
9.2.3 Italy
9.2.4 Spain
9.2.5 United Kingdom
9.2.6 Belgium
9.2.7 Netherlands
9.2.8 Turkey
9.3 Asia Pacific
9.3.1 China
9.3.2 Japan
9.3.3 India
9.3.4 South Korea
9.3.5 Thailand
9.3.6 Malaysia
9.3.7 Indonesia
9.3.8 Australia
9.3.9 New Zealand
9.4 Latin America
9.4.1 Brazil
9.4.2 Mexico
9.4.3 Argentina
9.5 Middle East & Africa
9.5.1 Saudi Arabia
9.5.2 UAE
9.5.3 South Africa
10. Porter's Five Forces Analysis
10.1 Bargaining Power of Buyers
10.2 Bargaining Power of Suppliers
10.3 Degree of Rivalry
10.4 Threat of New Entrants
10.5 Threat of Substitutes
11. SWOT Analysis
11.1 Strength
11.2 Weakness
11.3 Opportunity
11.4 Threat
12. Key Players Analysis
For more information about this report visit https://www.researchandmarkets.com/r/txxzuw
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