Global Hazelnut Market to Reach US$ 19.15 Billion by 2033, Driven by Health Trends and Rising Demand in Confectionery and Food Industries – Renub Research
Renub Research announces the release of its latest study “Hazelnut Market Size, Share, Forecast 2025-2033”, highlighting robust growth in the global hazelnut industry. Valued at US$ 8.98 billion in 2024, the market is expected to nearly double to US$ 19.15 billion by 2033, growing at a CAGR of 8.78%.
This growth is powered by the rising consumer inclination toward health-conscious snacking, nut-based products, and plant-based diets. Hazelnuts, celebrated for their rich taste and nutritional benefits – including healthy fats, fiber, antioxidants, and essential minerals – are now widely integrated into food and beverage products, from premium chocolates and plant-based milk to gourmet spreads and snack bars.
Market Drivers:
Surging demand for nut-based and functional foods
Expanding applications in the food & beverage, cosmetics, and pharmaceutical sectors
Growing popularity of vegan and organic diets
Increased innovation in snack and confectionery segments
Regional Highlights:
North America: Dominated by the U.S., the region is witnessing increased applications in chocolates, snacks, and dairy alternatives.
Europe: Key players like Germany, Italy, and France fuel demand with a strong confectionery sector. Ferrero’s investment in vegan hazelnut products is a game-changer.
Asia-Pacific: China leads growth with rising health awareness and demand for premium Western-style snacks.
Middle East & Africa: The UAE and Saudi Arabia are driving premium product consumption and high-quality imports.
Top Companies Profiled:
Archer Daniels Midland Company
Olam International
Arslanturk S.A.
Holmquist Hazelnut Orchards
American Hazelnut Company, among others.
Segment Analysis:
By Product: Whole, Paste, Oil, Others
By Application: Food & Beverage, Cosmetics & Personal Care, Pharmaceuticals, Others
By Region: 25 countries across North America, Europe, Asia Pacific, Latin America, and MEA
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❓ Frequently Asked Questions (FAQs)
- How big is the Hazelnut Market?
The global hazelnut market size was valued at US$ 8.98 billion in 2024 and is projected to reach US$ 19.15 billion by 2033. - What is the growth rate of the Hazelnut Market?
The market is expected to grow at a CAGR of 8.78% from 2025 to 2033. - What factors are driving the Hazelnut Market growth?
Rising demand for nut-based and functional food products
Health and wellness trends promoting nutrient-dense snacks
Increased adoption in confectionery, bakery, and dairy alternatives
Expanding vegan and plant-based consumer base
- Which regions are leading the global Hazelnut Market?
Europe (Germany, Italy, France)
North America (United States, Canada)
Asia-Pacific (China, India, Japan)
Middle East & Africa (UAE, Saudi Arabia)
- What are the key segments covered in the Hazelnut Market report?
By Product: Whole Hazelnut, Hazelnut Paste, Hazelnut Oil, Others
By Application: Food & Beverage, Cosmetics & Personal Care, Pharmaceuticals, Others
By Geography: 25+ countries
- Who are the leading players in the Hazelnut Market?
Archer Daniels Midland Company
Olam International
Arslanturk S.A.
Holmquist Hazelnut Orchards
American Hazelnut Company
DurakFindik, DeveHerbes, Azerstar LLC
- How can I access the full report?
The report is available in PDF and Excel formats. You can also request editable versions in PPT/Word upon request at info@renub.com. - Can the report be customized?
Yes. Renub Research offers 20% free customization and 1-year analyst support post-purchase.
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