Hazelnut Market Share, Size, Industry Growth Rate, Development Status and Regional Trends Forecast to 2019-2024

Hazelnut

The “Hazelnut Market” report 2019 delivers up-to-date information about market changes and prospective threats, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. Moreover, it focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

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Market Overview:

  • The global hazelnut consumption was valued at USD 0.52 billion in 2018, registering a CAGR of 10.1% during the forecast period (2019-2024). Turkey dominates the hazelnut production, with an estimated share of 67.1%, and a consumption share of 52.3%, globally. In terms of consumption, Europe is expected to register the highest CAGR of 7.6% during the forecast period, due to the increasing demand for hazelnuts from the chocolate industries of Europe. With increasing demand from consumers and high health benefits, the market is expected to grow over the forecast period. Hazelnut is a rich dietary source of protein, unsaturated fatty acids, and linoleic acid. It contains a higher concentration of alpha-tocopherol (vitamin E) than any other nut. Research studies show that consuming hazelnuts can lower LDL (bad) cholesterol and increase HDL (good) cholesterol, which is increasing the sales of hazelnut. In Australia, hazelnuts are mostly used in desserts, such as cakes, muffins, chocolate dishes, praline, or pastries. Bühler, the world’s largest provider of nut processing technology, had announced that it expanded into the natural hazelnut market in May 2018, with the Turkish launch of its innovative combination of sorting technologies ,leading to natural hazelnut processing systems.

    Top Key Players of Hazelnut Market Are:

  • Player 1
  • player 2
  • player 3
  • Reasons to buy:

    • In-depth analysis of the market on the global and regional level.
    • Major changes in market dynamics and competitive landscape.
    • Segmentation on the basis of type, application, geography and others.
    • Historical and future market research in terms of size, share, growth, volume & sales.
    • Major changes and assessment in market dynamics & developments.
    • Industry size & share analysis with industry growth and trends.
    • Emerging key segments and regions
    • Key business strategies by major market players and their key methods.
    • The research report covers size, share, trends and growth analysis of the Hazelnut Market on the global and regional level.

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    Scope of the Report:

  • The hazelnut is derived from the species of the genus Corylus. Hazelnuts are sold unshelled, as whole, diced, sliced, or ground kernels, as a paste, or as oil. For the purpose of this report, hazelnuts in shell have been considered for the analysis of production, consumption, and trade.

    Hazelnut market covers the outlook for overall market status, size and share. The report provides complete coverage on major industry drivers, restraints, and their impact on market growth during the forecast period. Hazelnut market report also presents the market competition landscape and a corresponding detailed analysis of the major vendor in the market. 

    Key Market Trends:

    High Demand in the Chocolate Industry

    Chocolate manufacturers are re-introducing their signature products with hazelnut-incorporated product lines, which are coming out as an innovation in taste in the global confectionery market. Lindt recently launched a chocolate spread made with 40% hazelnut in the UK market, in 2018. The spread is likely to be available in other European countries, even though its launch happened in the United Kingdom. M&M’S Hazelnut Spread Chocolate Candies feature a hazelnut spread center covered in delicious milk chocolate, and it is expected to be available across the aworld in April 2019. Nutella has become a food phenomenon around the world, with Nutella heists, a fan-led World Nutella Day, and Nutella bars opening across the United States. The escalating popularity of Nutella has led to an increased demand for hazelnut from the industries catering to the growing global consumer demand. Chocolatiers are also re-launching their products during festive seasons, with a fusion of traditional and western styles, generally with luxury nuts incorporated into chocolates, which is boosting the demand for hazelnuts in the Asia-Pacific market.

    Italy – The Largest Hazelnut Consuming Country in the World

    The hazelnut consumption in Italy was at USD 42,3278 thousand in 2018, registering a CAGR of 10.0%, during the forecast period. The volume of hazelnut consumption in Italy was at 157,726 metric ton in 2018, and it is expected to register a CAGR of 8.0% during the forecast period. As per the analysis, 89.7% of the domestic demand within the country is being satiated through production. In order to satiate the rest of the demand, the country is depending on the imports. Among the hazelnut-producing countries, Italy is one of the top five hazel nut consuming countries in the world, with the per capita consumption of 0.520 kilogram kernel per person. Piemonte is also one of the major hazelnut producing areas, accounting for 15% of the total Italian production. This region consists of other different sub-regions in which the production is around 20,000 metric ton. Tonda di Giffoni in Latium, Tonda Rossa in Campania, Tonda Gentile delle Langhe in Piemonte, and Santa Maria de Jesu in Sicily are some of the major native cultivars in Italy.

    Hazelnut Market Report contents include:

    – Analysis of the Hazelnut market including revenues, future growth, market outlook

    – Historical data and forecast

    – Regional analysis including growth estimates

    – Analyzes the end user markets including growth estimates.

    – Profiles on Hazelnut including products, sales/revenues, and market position

    – Market structure, market drivers and restraints.

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    Detailed TOC of Hazelnut Market Report Are:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Drivers
    4.2 Restraints
    4.3 Value Chain Analysis
    4.3.1 Value Chain Overview
    4.3.2 Price Mark-ups in the Value Chain
    4.3.3 Major Stakeholders in the Value Chain

    5 MARKET SEGMENTATION BY GEOGRAPHY (PRODUCTION, CONSUMPTION, IMPORTS, AND EXPORTS)
    5.1 Geography
    5.1.1 North America
    5.1.1.1 United States
    5.1.1.2 Canada
    5.1.1.3 Mexico
    5.1.1.4 Rest of North America
    5.1.2 South America
    5.1.2.1 Brazil
    5.1.2.2 Argentina
    5.1.2.3 Chile
    5.1.2.4 Rest of South America
    5.1.3 Europe
    5.1.3.1 Germany
    5.1.3.2 Italy
    5.1.3.3 France
    5.1.3.4 Switzerland
    5.1.3.5 Russian Federation
    5.1.3.6 Belgium
    5.1.3.7 Netherlands
    5.1.3.8 Spain
    5.1.3.9 Rest of Europe
    5.1.4 Asia-Pacific
    5.1.4.1 Azerbaijan
    5.1.4.2 China
    5.1.4.3 Georgia
    5.1.4.4 Rest of Asia-Pacific
    5.1.5 Middle East & Africa
    5.1.5.1 Turkey
    5.1.5.2 Iran
    5.1.5.3 Egypt
    5.1.5.4 Tunisia
    5.1.5.5 Cameroon
    5.1.5.6 Rest of Middle East & Africa

    6 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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