Hazelnut Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Hazelnuts are rich in fats, protein, vitamins, and minerals. Hazelnuts also provide high amounts of antioxidants. High antioxidants level protect the human body from oxidative stress, which can damage cell structure and promote aging, cancer, and heart disease. Also, hazelnuts are used as a major ingredient in confectionery to make praline. It is also used in combination with chocolate for chocolate truffles and products such as Nutella, Frangelico liqueur, and cadbury chocolate bars. Hazelnut oil produced from hazelnuts is used as a cooking oil.

MARKET DYNAMICS

The hazelnut market has witnessed significant growth owing to factors such as rising awareness of the health benefits offered by hazelnut and increasing health consciousness among the consumers. Moreover, a significant shift of consumers towards healthy food habits provides huge market opportunities for the key players in the market. However, fluctuation in the cultivation and prices of hazelnut is projected to hamper the overall growth of the hazelnut market.

MARKET SCOPE

The "Global Hazelnut Market Analysis to 2031” is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the hazelnut market with detailed market segmentation by form, application, distribution channel and geography. The global hazelnut market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading hazelnut market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global hazelnut market is segmented on the basis of form, application and distribution channel. On the basis of form, the hazelnut market is segmented into raw and processed. Based on application the market is segmented into food and beverage, pharmaceutical, and cosmetics and personal care. The food and beverage segment is further divided into confectionary, baker, frozen desserts, coffee, liquors, and others. On the basis of distribution channel, the hazelnut market is segmented into business to business and business to consumer. The business to consumer segment is further segmented into supermarket/hypermarket, specialty store, online retail, and others

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global hazelnut market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The hazelnut market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the hazelnut market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the hazelnut market in these regions.

MARKET PLAYERS

The reports cover key developments in the hazelnut market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from hazelnut market are anticipated to lucrative growth opportunities in the future with the rising demand for hazelnut in the global market. Below mentioned is the list of few companies engaged in the hazelnut market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the hazelnut market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   ARSLANTURK
  
•   Ayd-n Kuruyemi- Sanayii ve Ticaret A.-.
  
•   AZERSTAR LLC
  
•   Balsu Gida
  
•   Barry Callebaut
  
•   Chelmer Foods
  
•   DURAK FINDIK
  
•   Northwest Hazelnut Company
  
•   Olam International
  
•   Oregon Hazelnuts
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Hazelnut Report Scope