Market Estimation & Definition
The Hazelnut Industry was valued at USD 11.88 billion in 2024 and is projected to reach approximately USD 23.15 billion by 2032, expanding at a CAGR of 8.7% during the forecast period 2025-2032. Hazelnuts, also referred to as filberts, are highly valued for their rich nutritional profile, comprising healthy fats, protein, fiber, and essential micronutrients such as Vitamin E and magnesium. Their versatility across the food and beverage, cosmetics, and pharmaceutical industries has cemented hazelnuts as a key commodity in global trade.
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Hazelnut Market Report Scope:
The Hazelnut market is segmented based on Type, Form, Application, Distribution Channel, and Region. The growth amongst these segments will help our clients to analyze the industries and provide the users with a valuable market overview and market insights to make strategic decisions for identifying core market applications. The research study provides an in-depth analysis of the market and contains meaningful insights, facts, historical data, and statistically supported and industry-validated market statistics. It also includes estimates based on an appropriate set of assumptions and methodologies.
Our research analyst has used bottom-up approaches to estimate the Hazelnut market size. Major Key Players in the Hazelnut market are identified through secondary research and their market revenues are determined through primary and secondary research. Secondary research involved a study of the top manufacturers' annual and financial reports, while primary research was done through interviews with company key persons and industry professionals such as experienced front-line staff, CEOs, and marketing executives. The study gives insight into the growth dynamics of the Hazelnut market in regions such as the Middle East and Africa, Asia Pacific, Europe, North America, and Latin America.
Ferrero is the leading key player in the global Hazelnut technology market. 25% of the world's supply of hazelnuts goes into making FERRERO products which makes them the largest user of hazelnuts in the world. They are providing Hazelnuts for hotels. They are continuously strategizing on mergers & acquisitions for the expansion of their market share and growth opportunities during the forecast period.
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Segmentation Analysis
The hazelnut market is segmented across various categories:
by Type
Whole Hazelnut
Hazelnut Paste
Hazelnut Flour
Hazelnut Oil
by Form
Roasted
Unroasted
by Application
Personal Care & Cosmetics
Pharmaceutical Industry
Food & Beverages
Others
by Distribution Channel
Online
Offline
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Key Players are
Asia Pacific
1. Karimex Nuts Pvt Ltd (India)
2. Hazelz New Zealand Ltd (New Zealand)
North America
1. American Hazelnut Company (United States)
2. Holmquist Hazelnut Orchards, LLC (United States)
3. Northwest Hazelnut Company (United States)
4. The Hazelnut Company Division, Ferrero (United States)
5. Archer Daniels Midland Company (United States)
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