Global Market Study on Hazelnut: Food End Use Industry Segment Anticipated to Dominate the Global Market in Terms of Value and Volume over the Forecast Period


  • Published On : Feb-2017 |
  • Pages : 192 Pages |
  • Format :

Persistence Market Research analyzes the global hazelnut market in a new publication titled “Hazelnut Market: Global Industry Analysis and Forecast, 2016–2026”. This study provides data for 2015 along with a forecast for the period 2016–2026. The main objective of the report is to identify dynamics in the market and provide recent updates and insights affecting various segments of the global hazelnut market. To provide better understanding of the market, the report also includes an analysis of drivers, restraints, and trends across various regions, which influence the current market scenario and future status of the global hazelnut market over the forecast period.

Report Description

To understand consumption patterns and to assess opportunities likely to emerge in the global hazelnut market, the report is divided into four sections namely, by part, by form, by application, and by region. The report analyzes the global hazelnut market in terms of market volume (Metric Tons) and market value (US$ Mn). The report also includes Persistence Market Research’s analysis of drivers and restraints witnessed in the market. Key trends observed across the global hazelnut value chain are also included in the report. The report highlights existing opportunities in the global hazelnut market to equip readers with crystal-clear, decision-making insights.

Market Segmentation

By Hazelnut Parts

  • Kernel / Seed
  • Shell / Case

By Hazelnut Forms

  • Raw Hazelnut
  • Processed Hazelnut
  • Hazelnut Oil

By Hazelnut Applications

  • Food
    • Confectionary
    • Bakery
    • Others
  • Beverages
    • Liquor
    • Coffee
    • Others (Mocktails, etc.)
  • Cosmetics
  • Pharmaceutical

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan (APEJ)
  • Middle East & Africa (MEA)
  • Japan

The report covers an in-depth analysis of all components of the value chain in the global hazelnut market. In the final section of the report on the global hazelnut market, a competitive landscape is included to provide a dashboard view of global hazelnut manufacturers, retailers, and distributors. The report also contains company profiles of some of the key players operating in the global hazelnut market.

Research Methodology

To deduce the global hazelnut market size, the report considers various aspects based on secondary research. Furthermore, key data points such as region-wise and segment-wise split, and qualitative inputs from primary respondents have been incorporated to arrive at appropriate market estimates. The forecast presented in the report assesses total revenue generated and expected revenue contribution of the global hazelnut market. The report begins with sizing the base year in terms of value and volume. This forms the basis for forecasting how the global hazelnut market is anticipated to take shape in the near future. Given the characteristics of the market, Persistence Market Research triangulates the data via different analysis based on the supply side, demand side, and other key dynamics of the global hazelnut market. To develop the market forecast, Persistence Market Research has conducted a factor analysis to understand the impact of various forces/factors on the target market. The report not only provides forecasts in terms of CAGR but also analyzes the global hazelnut market on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities.

Another key feature of this report is an analysis of the global hazelnut market and the corresponding revenue forecast in terms of absolute dollar opportunity. This is usually overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective in the global hazelnut market. Further, to understand key segments in terms of their growth and performance in the global hazelnut market, Persistence Market Research has developed a market attractiveness index to help providers identify existing market opportunities in the global hazelnut market.

The global hazelnut market was valued at nearly US$ 7,000 Mn in 2015 and is anticipated to reach a market value of nearly US$ 13,000 Mn by 2026 end. In terms of value, the global hazelnut market is expected to witness a compound annual growth rate of 5.9% between 2016 and 2026.

Global Hazelnut Market Forecast by End Use Industry

Beverage industry segment is anticipated to gain 50 BPS by 2026 as compared to 2016

The Food industry segment was estimated to account for the largest market share of 89% in 2016 and is expected to register a CAGR of 5.2% from 2016 to 2026 in terms of value. The Beverage industry segment is anticipated to witness Y-o-Y growth rates ranging from 4.3% to 6.7% during 2016–2026 – the highest among all segments.

The Food industry segment is projected to register a moderate value CAGR over the forecast period

Increased usage of hazelnut – especially in confectionary and bakery products – is expected to drive segmental growth over the forecast period. Many countries are growing a variety of hazelnuts and are also introducing hybrid hazelnuts in the market. These factors are also expected to drive revenue growth of the Food industry segment over forecast period.

In terms of value, Beverage industry segment is expected to register a significantly high CAGR over the forecast period

Increased usage of hazelnut, especially in flavored milk and coffee products, is expected to drive segment growth over the forecast period. Demand for hazelnut in the Beverages industry segment is anticipated to account for 9.8% value share at the end of 2026.

In terms of value, Pharmaceutical industry segment is expected to register a relatively higher CAGR over the forecast period

Increased usage of hazelnut, especially in massage oils and skin ointments, is expected to drive segment growth over the forecast period. Demand for hazelnut in the Pharmaceutical segment is anticipated to account for 5.3% value share at the end of 2026.

In terms of value, Cosmetics industry segment is expected to register moderate growth during the forecast period

The Cosmetics industry segment was estimated to account for 4.1% value share of the global hazelnut market in 2016. Increased usage of hazelnut, especially in skin and hair care products, is expected to drive segment growth over the forecast period. Demand for hazelnut in the Cosmetics industry segment is projected to account for 4.0% value share at the end of 2026.

hazelnut market

Analyst Viewpoint

Companies are concentrating on mergers and acquisitions to strengthen their position in the Western Europe hazelnut market

As Italy is the second largest producer of hazelnut, key players in the confectionary industry are entering the market for hazelnut manufacturing, which benefits them in two ways. Firstly, there is no shortage of hazelnut for their signature products and secondly, business expansion by retailing hazelnut also works in their favor. In 2012, Barry Callebaut acquired premium quality nut manufacturing company La Morella Nuts, based in Barcelona, Spain with an effort to move into the nuts business. In 2015, the world’s biggest hazelnut buyer company Ferrero acquired Serbian agricultural company Aleksa Santic.

Company Profiles

  • Durak Findik
  • Olam International
  • Ferrero International S.A.
  • Barry Callebaut AG
  • Gursoy Tarimsal Urunler Gida Sanayii Ve Ticaret A.S.
  • Kanegrade Limited
  • Arslantürk
  • Karimex
  • Oregon Hazelnuts
  • Geonuts Limited
  • Others
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