Hazelnut Market: By End User, Commercial, Outdoor, Regional Analysis and Forecast 2023-2029
The Hazelnut Market was estimated at USD 6.72 Billion in 2021, and is projected to reach USD 8.49 Billion by 2028, growing at a CAGR of 3.4% over the analysis period.
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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The global Hazelnut Market report provides comprehensive market information, including classifications, definitions, and market analysis. This also helps with the awareness of various item specifics, the manufacturing cycle, the supply chain, and the cost structure. Along these lines, the understanding of the project’s structural squares and key drivers of development is enhanced. To estimate the market size, boundaries such as import and fare, rules in various nations, inflation, legal and political variables, financial elements, and other minor aspects inside organizations have been broken down. The research examines the competitive landscape as well as the most current positions of major rivals in the Hazelnut industry.
Leading Key Players Covered 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.
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Segmentation of Hazelnut Market: –
- Processed Hazelnuts
- Unprocessed Hazelnuts
- Hazelnut-based Foods & Beverages
- Hazelnut Oil
By Distribution Channel
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of SA)
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Key Chapter Will Be Provided in The Report
- Patent Analysis
- Regulatory Framework
- Technology Roadmap
- BCG Matrix
- Heat Map Analysis
- Price Trend Analysis
- Investment Analysis
- Company Profiling and Competitive Positioning
- Industry Value Chain Analysis
- Market Dynamics and Factors
- Porter’s Five Forces Analysis
- Pestle Analysis
- SWOT Analysis
Market Analysis and Insights: Global Hazelnut Market
The market for Hazelnut is divided into regions, countries, companies, types, applications, and sales channels. Players, stakeholders, and other market participants in the global Hazelnut Market will get an advantage by utilising the study as a valuable resource. For the years 2022-2028, the segmentation study focuses on sales, revenue, and forecasts by region, nation, firm, type, application, and sales channels.
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