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)
1. 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.
2. 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.
3. 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
4. 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)
5. 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
6. 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
7. 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 [email protected].
8. Can the report be customized?
Yes. Renub Research offers 20% free customization and 1-year analyst support post-purchase.
