Global Hazelnut Market Outlook
Revenue, 2024
$8.0B
Forecast, 2034
$20.4B
CAGR, 2025 - 2034
9.8%
The Hazelnut industry revenue is expected to be around $8.8 billion in 2025 and expected to showcase growth with 9.8% CAGR between 2025 and 2034. Bridging confectionery, oil coffee and spreads, its adaptability creates an ingredient that spans across different cultures, cuisines and regions serving as a widely used commodity. The evident change in consumer choice, towards health conscious diets highlights the increasing popularity of Hazelnuts enrichening its presence in all aspects of the culinary world.
Hazelnuts are packed with a wealth of vitamins and essential nutrients like fiber and healthy fats that appeal to the growing health consumer base looking for nutritious options in line with current industry preferences, for plant based diets and superfoods.
Market Key Insights
- The Hazelnut market is projected to grow from $8.0 billion in 2024 to $20.4 billion in 2034. This represents a CAGR of 9.8%, reflecting rising demand across Food Uses, Agricultural Uses and Cosmetics Uses.
- Balsu Gida, Chelmer Foods, Kanegrade Limited are among the leading players in this market, shaping its competitive landscape.
- Turkey and Italy are the top markets within the Hazelnut market and are expected to observe the growth CAGR of 7.2% to 10.3% between 2024 and 2030.
- Emerging markets including Brazil, India and South Africa are expected to observe highest growth with CAGR ranging between 9.4% to 12.3%.
- Transition like Shift towards Organic Hazelnuts is expected to add $643 million to the Hazelnut market growth by 2030.
- The Hazelnut market is set to add $12.4 billion between 2024 and 2034, with manufacturer targeting Cosmetic use & undefined Usage projected to gain a larger market share.
- With Increasing demand in the confectionery industry, and Growing health awareness, Hazelnut market to expand 155% between 2024 and 2034.
Opportunities in the Hazelnut
Harness the vitamin E and antioxidant properties found in hazelnuts to create skincare products that align with the increasing demand, for natural and ingestible beauty solutions.
Growth Opportunities in Europe and North America
Europe holds a position in the global hazelnut market with Turkey leading the way as the primary player in this sector. They supply around 70% of the worlds hazelnuts making them a key player in the industry. The competition is mostly concentrated among large scale farmers and exporters based in Turkey. Newcomers may find it challenging to enter the market due to existing distribution networks and trade partnerships. Europe's favorable weather conditions provide opportunities, for growth in this sector.
In North America the hazelnut market is seeing consistent growth with the US and specifically Oregon playing a leading role in production. Competition is moderate at present. Is steadily intensifying as artisanal hazelnut product makers enter the scene. There are numerous opportunities to explore as consumer interest, in hazelnut based food and beverage items continues to rise.
Market Dynamics and Supply Chain
01
Driver: Increasing Demand in the Confectionery Industry, and Technological Advancements in Processing
The worldwide hazelnut market is also experiencing growth due to a rise in popularity within the confectionery sector. Hazelnuts are also commonly incorporated into treats such as sweets, chocolates, baked goods and other gourmet items worldwide. The distinct flavor and texture contributed by hazelnuts have also positioned them as a component, in these goods resultantly driving up their demand significantly. Advancements and progress, in the processing of hazelnuts have also improved the production methods to be more efficient and budget friendly. These technological upgrades have also enhanced the sorting, cleansement and roasting procedures leading to quality and quantity of hazelnuts produced.
The growing awareness of health among consumers is also leading to a rise in the popularity of food options such as hazelnuts that are also rich in essential vitamins and minerals as well as healthy fats known for their various health advantages. This trend, towards dietary selections has also emerged as a key factor driving the hazelnut markets growth.
02
Restraint: Climate Sensitivity
Growing hazelnuts successfully can be tricky due to their needs when it comes to weather conditions for cultivation. They thrive in moderate winters and warm summers but are sensitive to frost during flowering season. The changing climate presents a challenge, for hazelnut farmers as it brings about unpredictable weather patterns and drastic temperature fluctuations that can result in reduced yields and increased prices.
03
Opportunity: Hazelnut in Non-Dairy Alternatives and Hazelnut Derived Biofuel
The growing interest among consumers in plant based products has sparked a surge in the use of hazelnuts for producing dairy alternatives specifically in the beverage sector—opening up exciting possibilities due to its flavorful profile and health advantages suitable for non dairy milk varieties as well, as cheese and cream alternatives.
In the field of energy production hazelnut shells represent a yet unexplored asset. By utilizing them for production we can capitalizeon the increasing demand, for eco friendly and lasting energy alternatives. Additionally this project has the potential to greatly diminish wastage in the hazelnut sector.
04
Challenge: High Production Costs
Farming hazelnuts can be quite costly as it involves investing an amount in planting and caring for hazelnut trees over time while also accounting for expenses such as labor costs and various inputs, like water supply and fertilizers that accumulate significantly throughout the process.
Supply Chain Landscape
1
Cultivation & Harvesting
Balsu GidaOregon HazelnutsTrabzon Hazelnut
2
Processing & Packaging
FerreroOlam InternationalTadm Franchise
3
Distribution & Wholesale
Chiltern FoodsBatory FoodsGrsoy Group
4
End-use Applications & Industries
Mondelez InternationalMars CorporationsThe Hershey Company
1
Cultivation & Harvesting
Balsu GidaOregon HazelnutsTrabzon Hazelnut
2
Processing & Packaging
FerreroOlam InternationalTadm Franchise
3
Distribution & Wholesale
Chiltern FoodsBatory FoodsGrsoy Group
4
End-use Applications & Industries
Mondelez InternationalMars CorporationsThe Hershey Company
Use Cases of Hazelnut in Food Uses & Agricultural Uses
Food Uses : Hazelnut is an ingredient in the food industry because of its delicious and diverse taste profile that can be found in desserts and chocolates to add crunchiness and a special nutty flavor sensation. Companies like Ferrero and Nestle are known for including hazelnuts, in their products to satisfy consumer preferences for yet healthy treats.
Cosmetics Uses : Hazelnut has become popular in the beauty industry because of its nourishing properties well. Hazelnut oil is recognized for its richness in vitamin E and its light texture that doesnt leave a greasy feel on the skin and hair. It is extensively utilized in skincare and haircare items to help moisturize the skin and improve its elasticity while also enhancing hair vitality. This makes it a desirable ingredient for companies such, as LOreal and Estee Lauder who include it in their product lines.
Agricultural Uses : Hazelnut shells that are typically thrown away are now being utilized in applications.
Recent Developments
Lately the hazelnut market has seen impacts from changing weather patterns and shifts in consumer tastes towards healthier snack choices. The market experts have noticed a noteworthy shift. More customers are leaning towards plant based and food items. This shift is noticeable across consumer groups and is expected to have a significant influence, on the hazelnut market in the near future.
December 2024 : A new range of hazelnut items has been introduced by Snyders Lance Inc with the goal of catering to the increasing demand for hazelnut infused snacks, among consumers.
October 2024 : Mondelez International has upped their commitment to promoting hazelnut farming methods in response to the rising consumer interest, in ethically produced food items.
July 2024 : The Ferrero Group has teamed up with a Turkish hazelnut provider to improve its sourcing abilities and safeguard its supply chain.
Impact of Industry Transitions on the Hazelnut Market
As a core segment of the Packaged & Processed F&B industry,
the Hazelnut market develops in line with broader industry shifts.
Over recent years, transitions such as Shift towards Organic Hazelnuts and Digital Marketing Strategies Boosting Hazelnut Sales have redefined priorities
across the Packaged & Processed F&B sector,
influencing how the Hazelnut market evolves in terms of demand, applications and competitive dynamics.
These transitions highlight the structural changes shaping long-term growth opportunities.
01
Shift towards Organic Hazelnuts
There has been a change in the hazelnut industry with more farmers moving towards organic farming methods due to the rising interest in health and well being among consumers and the worries about synthetic chemicals in food products driving up the demand, for organic hazelnuts which can fetch higher prices in the market and distinguish themselves from conventional hazelnuts.
02
Digital Marketing Strategies Boosting Hazelnut Sales
In a shift within the industry sector almond manufacturers and sellers are using digital promotional techniques to enhance market presence and broaden their consumer reach. The emergence of advertising approaches like content advertising and search engine optimization social media promotions and collaborations, with influencers has empowered almond enterprises to connect with broader audiences and increase their sales.