Hazelnut nutritious nuts are packed with healthy fats, vitamins, and minerals, providing various health benefits. They support heart health, lower cholesterol, aid in weight management, and offer antioxidant properties. Hazelnuts are also a source of dietary fiber, promoting digestive health. Their delightful taste, culinary adaptability, and nutritional value make them a popular choice for both indulgent treats and wholesome meals.
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Data Bridge Market Research analyses that the Europe Hazelnut Market is registering a CAGR of 9.1% during the forecast period of 2022 to 2029. Hazelnuts' distinct flavor and adaptability make them popular among consumers, leading to rising demand in industries like confectionery, bakery, and snacks. They are sought-after ingredients for their taste and versatility in creating a wide range of delicious and appealing products.
Key Findings of the Study
Expanding applications is expected to drive the market's growth rate
Hazelnuts' market appeal extends beyond traditional food products to include a diverse range of applications. Their use in beverages, such as hazelnut-flavored coffee or liqueurs, enhances flavor profiles. Hazelnut spreads, like Nutella, have become popular worldwide. Additionally, hazelnut oil and extracts are used in cosmetics and personal care products for their moisturizing and antioxidant properties. This versatility and presence in various industries contribute to hazelnuts' widespread market demand and appeal.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014-2019)
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Segments Covered
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Form (Whole/In-Shell Hazelnut, Natural Hazelnut, Diced Hazelnut, Paste Hazelnut, Blanched Hazelnut, Roasted Hazelnut, Sliced Hazelnut, Hazelnut Oil, Hazelnut Meal and Others), Category (Conventional, Organic), Shape (Round Kernels, Almond Kernels, Pointed Kernels, and Others), Origin (Akcakoca, Levant, Giresun), Packaging (Vacuum and Cartons Box, Bags, pouches, Plastic Or Metal Drums), Application (Industrial, Food Service Industry, Household/Retail), Distribution Channel (Direct, Indirect)
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Countries Covered
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Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe
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Market Players Covered
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Arslantürk Tarim Ürünleri (U.S.), Poyraz Poyraz (U.S.), Findik Entegre San. Tic. A.S. (U.S.), URAK FINDIK Ferrero (U.S.), ADM (U.S.), and Olam International (U.S.) are headquartered in the U.S. BALSU (U.K.), Kanegrade Ltd. (U.K.), GPR (U.K.), Nuts L (U.K.), Boxon food (U.K.), and Karin Gida (U.K.) are based in the UK. Gürsoy Tarimsal Ürünler Gida San (U.S.), Fruits of Turkey (U.S.), BATA FOOD (U.S.), Aydin Kuruyemis Sanayii ve Ticaret A.S. (U.S.), Özgün Gida Sanayi ve Ticaret Limited sirketi (U.S.), and "AZERSTAR" LLC (U.S.)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework
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Segment Analysis:
The Europe hazelnut market is segmented on the basis of form, category, shape, origin, packaging, and application and distribution channel.
- On the basis of form, the Europe hazelnut market is segmented into whole/in-shell hazelnut, natural hazelnut, diced hazelnut, paste hazelnut, blanched hazelnut, roasted hazelnut, sliced hazelnut, hazelnut oil, hazelnut meal.
- On the basis of category, the Europe hazelnut market has been segmented into conventional and organic.
- On the basis of shape, the Europe hazelnut market has been segmented into round kernels, almond kernels, pointed kernels, and others.
- On the basis of origin, the Europe hazelnut market has been segmented into akcakoca, levant, giresun.
- On the basis of packaging, the Europe hazelnut market has been segmented into vacuum and cartons box, bags, pouches, plastic or metal drums.
- On the basis of application, the Europe hazelnut market has been segmented into to industrial, food service industry, household/retail.
- On the basis of end user, the Europe hazelnut market has been segmented into direct, and indirect.
Major Players
Data Bridge Market Research recognizes the following companies as the major Europe hazelnut market players in Europe hazelnut market are Arslantürk Tarim Ürünleri (U.S.), Poyraz Poyraz (U.S.), Findik Entegre San. Tic. A.S. (U.S.), URAK FINDIK Ferrero (U.S.), ADM (U.S.), and Olam International (U.S.) are headquartered in the U.S. BALSU (U.K.), Kanegrade Ltd. (U.K.), GPR (U.K.), Nuts L (U.K.)
Market Developments
- In February 2022, ADM has successfully finalized its acquisition of Comhan, a prominent South African flavor distributor. The company recognizes the importance of investing in flavor creation assets worldwide to expand production and supply chains, facilitating the delivery of distinctive and preferred flavors to local consumers. This strategic acquisition enhances ADM's product portfolio, strengthening its ability to offer a diverse range of high-quality flavors to its customers.
- In July 2020, DURAK FINDIK recently installed five new Laser Sorters, bringing their total count to 28, the highest in Turkey's hazelnut sector. This significant upgrade has bolstered the company's market credibility, showcasing their commitment to advanced technology and quality assurance. With the expanded capacity and improved sorting capabilities, DURAK FINDIK is better positioned to meet customer demands and maintain its leadership in the hazelnut industry.
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