HAZELNUT MARKET TO REACH US$ 19.15 BILLION BY 2033, GROWING AT A CAGR OF 8.78% – RENUB RESEARCH

Hazelnut Market to Reach US$ 19.15 Billion by 2033, Growing at a CAGR of 8.78% – Renub Research

Hazelnut Market to Reach US$ 19.15 Billion by 2033, Growing at a CAGR of 8.78% – Renub Research

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Surging Demand for Hazelnut-Based Products and Healthy Snacking to Fuel Global Hazelnut Market Growth

According to Renub Research, the Global Hazelnut Market is projected to expand from US$ 8.98 Billion in 2024 to approximately US$ 19.15 Billion by 2033, growing at a CAGR of 8.78% during the forecast period 2025 to 2033. This remarkable growth is driven by rising consumer awareness of health and nutrition, increasing use of hazelnuts in confectionery and dairy products, and strong demand for plant-based and natural food ingredients.

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Growing Health Awareness Driving Hazelnut Consumption

The global food industry is undergoing a major transformation, fueled by a shift in consumer preferences toward healthier and functional food choices. Hazelnuts, rich in monounsaturated fats, fiber, vitamins E and B, magnesium, and antioxidants, are increasingly recognized as a superfood for heart health, weight management, and brain function.

As consumers prioritize nutritional value and clean-label ingredients, hazelnuts have gained widespread attention not only in traditional products but also in emerging sectors like organic snacks, plant-based beverages, and nut butters.

Confectionery and Dairy Industries Lead Hazelnut Integration

One of the most significant applications of hazelnuts is in the confectionery industry, where it is used extensively in chocolates, pralines, spreads (like Nutella), and snack bars. Leading global confectionery brands have long relied on hazelnuts for flavor, texture, and health appeal.

Additionally, the dairy industry has witnessed increased usage of hazelnut-based formulations in yogurts, ice creams, and milk alternatives. Hazelnut milk, in particular, is seeing rapid adoption as a dairy-free, lactose-free alternative that caters to both vegan and lactose-intolerant consumers.

Rising Popularity of Plant-Based and Natural Food Products

The global shift toward plant-based diets and natural ingredients is fueling the inclusion of hazelnuts in several product categories. From energy bars and granola mixes to baked goods and protein powders, hazelnuts offer a nutrient-dense, clean-label ingredient that fits perfectly with wellness-focused food innovations.

In this context, hazelnuts are increasingly featured in:

  • Organic nut butters

  • Gluten-free snacks

  • Vegan chocolate and desserts

  • Keto and paleo-friendly formulations

As consumers scrutinize ingredient labels, the use of non-GMO, preservative-free hazelnut ingredients adds substantial value to brands competing in the health-conscious segment.

Product Type Insights: Kernel Hazelnuts Dominate the Market

The hazelnut market can be segmented by product type into:

  • Kernel Hazelnuts

  • Processed Hazelnuts (Roasted, Blanched, Sliced, Chopped, Powdered, Paste)

Among these, kernel hazelnuts continue to dominate due to their versatility and wide usage in direct consumption, roasting, or further processing. However, processed hazelnut products, especially hazelnut paste and powder, are witnessing higher growth rates due to increasing adoption by bakeries, cafes, and packaged food manufacturers.

The convenience, shelf-life, and consistency offered by processed forms make them ideal for large-scale industrial usage across food and beverage applications.

Application Analysis: Food & Beverage Segment Leads Usage

The major application segments of hazelnuts include:

  • Confectionery

  • Bakery

  • Dairy Products

  • Snacks & Cereals

  • Personal Care and Cosmetics

  • Others (including pharmaceuticals)

Confectionery:

Hazelnuts remain a core ingredient in premium chocolates, nougats, and spreads. Consumer affinity for premium and gourmet chocolates ensures the continued dominance of this segment.

Snacks & Cereals:

The surge in on-the-go healthy snacking has boosted the demand for hazelnuts in trail mixes, snack bars, granola, and roasted nuts, especially in Western markets.

Personal Care:

Beyond food, hazelnut oil is gaining popularity in the cosmetics industry due to its emollient properties, making it a valuable component in skin creams, hair serums, and massage oils.

Regional Insights: Europe Holds Largest Share, Asia-Pacific Fastest Growing

Europe:

Europe is the largest consumer and producer of hazelnuts, led by countries like Turkey, Italy, France, and Germany. Turkey accounts for nearly 70% of global hazelnut production, primarily in the Black Sea region, and is a key exporter to the European Union. The widespread use of hazelnuts in European confectionery and bakery products sustains regional dominance.

North America:

In North America, increasing demand for healthy snacks, nut-based spreads, and plant-based dairy alternatives is driving hazelnut consumption. The U.S. market is also witnessing growth in hazelnut oil usage within the personal care and cosmetic industries.

Asia-Pacific:

Asia-Pacific is the fastest-growing market, especially in countries like China, Japan, South Korea, and India, where consumer spending on premium chocolates and health foods is rising. The growing influence of Western diets and increased health consciousness are creating lucrative opportunities for hazelnut-based products.

E-commerce and Modern Retail Channels Expand Hazelnut Reach

The availability of hazelnut products through e-commerce, health food stores, and modern supermarkets has made it easier for consumers to explore and adopt these products. Online platforms provide a wider product variety, easy price comparisons, and direct-to-consumer nut and snack brands that offer transparency in sourcing and processing.

Subscription-based models and wellness kits are further integrating hazelnut products into consumers’ everyday diets.

Challenges: Price Volatility and Supply Chain Constraints

Despite the robust growth outlook, the hazelnut market faces several challenges:

  • Price volatility due to climate change impacts in key producing regions (especially Turkey)

  • Supply chain disruptions stemming from geopolitical tensions or pandemics

  • Quality control and certification standards required for exports in stringent markets like the EU and U.S.

Producers and suppliers are increasingly investing in sustainable farming practices, blockchain-based traceability, and diversification of supply sources to mitigate these risks.

Competitive Landscape: Innovation, Quality, and Sustainability Are Key

The global hazelnut market is moderately consolidated with several regional and international players competing on:

  • Quality of product

  • Traceability and certifications (organic, fair trade, non-GMO)

  • Product innovation in value-added formats

Key players include:

  • Ferrero Group

  • Balsu Gida

  • Olam International

  • American Hazelnut Company

  • Aydin Kuruyemiş

  • Northwest Hazelnut Company

  • Agrifood Processing Inc.

  • Aydin Group

These companies are increasingly focusing on vertical integration, sustainability practices, and strategic partnerships with confectionery and dairy manufacturers.

Future Outlook: From Premium Snacks to Skincare Staples

With growing consumer interest in natural, nutritious, and plant-based products, hazelnuts are well-positioned to expand into new segments. Future growth will be supported by:

  • Expanded application in beverages, such as hazelnut lattes and nut-based smoothies

  • Rising popularity of clean beauty products utilizing hazelnut oil

  • Continued R&D in functional foods and dietary supplements

As global health trends persist, hazelnuts are set to become a cornerstone of wellness-oriented product portfolios in the years ahead.

About Renub Research

Renub Research is a Market Research and Consulting Company with more than 15 years of experience, especially in international Business-to-Business Research, Surveys, and Consulting. We provide a wide range of business research solutions that help companies make better business decisions. We partner with clients across all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

Our wide clientele includes key players in Healthcare, Travel & Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemicals, Logistics & Automotive, Consumer Goods & Retail, Building & Construction, and Agriculture. Our core team comprises experienced professionals with graduate, postgraduate, and Ph.D. qualifications in Finance, Marketing, Human Resources, Bio-Technology, Medicine, Information Technology, Environmental Science, and more.

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