The global market size of Hazelnut is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2025 with a CAGR of XX% from 2019 to 2025.
Overview:
The hazelnut is a type of nut that comes from the Corylus tree. It also is known as cobnut or filbert nut according to species. It is mostly cultivated in the U.S., Italy, Turkey, and Spain. Hazelnut is a rich dietary source of protein, unsaturated fatty acids, and linoleic acid. Hazelnuts are packed with nutrients, including minerals, vitamins, healthy fats, and antioxidant compounds. They may also help regulate blood pressure, decrease blood fat levels, reduce inflammation, and improve blood sugar levels. The global hazelnut market focuses on six regions namely North America, South America, Asia Pacific, Europe, Middle East, and Africa.
Drivers:
Rising demand for hazelnuts in wide industrial applications, especially from the chocolate industry, is expected to propel growth of the global hazelnut market over the forecast period. For instance, in May 2019, M&M launched Hazelnut Spread Chocolate Candies in the global market. Increased awareness about health and nutritional benefits of consumption of hazelnuts is also expected to fuel the market growth. Moreover, increasing demand for nut ingredient-based food products, especially from the aging population, is expected to drive growth of the global hazelnut market.
Restraint:
Rising costs of raw material and allergies associated with hazelnut are expected to impede growth of the global hazelnut market during the forecast period. Moreover, the high availability of hazelnut substitutes is also expected to impede the market growth.
Regional Insights:
Europe is expected to register robust growth in the global hazelnut market due to increasing demand for hazelnuts from the chocolate industry in this region. For instance, in 2018, Lindt launched a chocolate spread made with 40% hazelnut in the UK market.
Asia Pacific is also expected to witness significant growth in the global hazelnut market due to high consumption of conventional and organic hazelnuts, especially in China.
Competitive Section:
Kay players involved in the global hazelnut market are Balsu Gida, Chelmer Foods, Olam International, Kanegrade, Oregon Hazelnuts, Ferrero, and Aydin Kuruyemi.
Key players are focusing on mergers and acquisitions to increase market presence. For instance, in October 2019, Olam International acquired Hughson Nut to expand its almond ingredients capacity.
In August 2018, Ferrero Group acquired Nestle’s US confectionery business, with more than 20 of its brands such as Butterfinger, SweeTarts, BabyRuth, Crunch, and more.
Global Hazelnut Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Hazelnut industry.
The key insights of the report:
1.The report provides key statistics on the market status of the Hazelnut manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2019-2025 market development trends of Hazelnut industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of Hazelnut Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of Hazelnut as well as some small players. At least 10 companies are included:
* Balsu Gida
* Chelmer Foods
* Kanegrade
* Olam International
* Oregon Hazelnuts
* Aydin Kuruyemi
For complete companies list, please ask for sample pages.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share
For product type segment, this report listed main product type of Hazelnut market
* Processed Hazelnut
* Unprocessed Hazelnut
For end use/application segment, this report focuses on the status and outlook for key applications. End users are also listed.
* Hazelnut-Based Foods
* Hazelnut-Based Beverages
* Hazelnut Oil
For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.
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