November 22nd, 2022
The Hazelnut Market was estimated at USD 6.72 Billion in 2021, and is projected to reach USD 8.49 Billion by 2028, growing at a CAGR of 3.4% over the analysis period.
The corylusavellana species known as hazelnut also goes by the names filbert nut and cobnut. Hazelnuts are rich in vitamins B, E, and K and have a high nutritional value. Hazelnut is a suitable ingredient for vegetarian recipes because it also provides minerals, healthy fats, and proteins in addition to these vitamins. Both the salt content and the cholesterol content are minimal. It has a number of health advantages, including treating celiac disease naturally and lowering LDL (bad) cholesterol while raising HDL (good) cholesterol. Hazelnut consumption is regarded as one of the natural treatments for treating a number of human health conditions, including celiac disease. can also be used to promote weight loss.
Due to these qualities, it is a versatile component with numerous uses in a variety of sectors. Hazelnut, for instance, is used extensively in both culinary and beverage applications and comes in powdered, whitened, sliced, pureed, and chopped forms.
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The Major Players in The Global Hazelnut Market:
Balsu Gida (Turkey)
Chelmer Foods (North Essex)
Kane grade (U.K)
Olam International (Singapore)
Oregon Hazelnuts (U.S.)
Aydin Kuruyemis (Istanbul)
Poyraz Tarimsal (Istanbul)
Barry Callebaut AG (Switzerland)
Gursoy Tarimsal Urunler Gida (Turkey)
Fruits of Turkey (Turkey)
BATA Food (Turkey)
Durak Findik (Turkey), and other major players.
Market has segmented the Global Hazelnut Market on the basis of type, application, and region:
Hazelnut-based Foods & Beverages
By Regional Outlook (Revenue, USD Billion, 2022 – 2028)
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
South America (Brazil, Argentina, Rest of South America)
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Covid-19 Impact and Recovery Analysis on Industry:
The COVID-19 pandemic had a strong impact on numerous agriculture and food industries. However, due to the sudden emergence of the virus, the population all around the world began to opt for healthy and safe food products, which boosted the development of the hazelnut market in the post covid era. Further, with the impact of COVID-19, there has been an inclination toward fruits, nuts, etc., which increased the sales of hazelnut products. The Hazelnut market is quickly reaching its pre-COVID levels and a steady growth rate is forecasted in the upcoming years, fuelled by the economic revival in the developing nations. However, unprecedented things due to more virus waves are expected to slow the production.
Reasons to purchase the report:
Visualize the composition of the Global Hazelnut Market products in terms of Product and application highlighting the critical commercial assets and players.
Identify commercial opportunities in the Global Hazelnut Market by analyzing trends and co-development deals.
PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
Table of Content:
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Application
3.3 By Distribution Channel
To be continued…….
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