Press release
Prominent Hazelnut Oil Market Trend for 2025: Innovative Lip Oil Factory Customization Service Revolutionizes Hazelnut Oil Market
What Are the Projected Growth and Market Size Trends for the Hazelnut Oil Market?The market for hazelnut oil has experienced robust growth in the past few years. The market size is projected to rise from $10.57 billion in 2024 to $11.57 billion in 2025, showcasing a Compound Annual Growth Rate (CAGR) of 9.4%. The historic period growth is accredited to an increase in consumer health awareness, an amplified call for natural ingredients, the boom in the cosmetics sector, e-commerce platform expansion, and escalated demand in burgeoning markets.
Expectations are high for a significant expansion of the hazelnut oil market in the near future, with its worth anticipated to reach $16.5 billion by 2029, showing a compound annual growth rate (CAGR) of 9.3%. The projected growth within this period can be traced to collaborations between farmers and manufacturers, rising consciousness about cardiovascular health, wider use of pharmaceuticals, a growing global embrace of diverse food cultures, and the increasing appeal of the Mediterranean diet. Going forward, key trends that could shape the market outlook are the introduction of new products, advancements in technology, focus on health and wellbeing, expansion of the global market, and innovative practices in the food industry.
What Is Driving the Growth Trajectory of the Hazelnut Oil Market?
The surge in demand for organic cosmetics is projected to stimulate the expansion of the hazelnut oil market. Organic cosmetics are personal care and beauty products made with certified organic, natural ingredients, excluding synthetic chemicals, pesticides, or genetically modified organisms (GMOs). They must also adhere to specific organic standards. This rising demand can be attributed to increased consumer awareness about the health and environmental advantages of natural ingredients, a growing preference for sustainable and chemical-free products, and rising anxiety about the detrimental effects of synthetic chemicals in traditional skincare products. Hazelnut oil contributes moisturizing effects to organic cosmetics, improves skin elasticity, and offers natural astringent properties to regulate oil production. For example, according to the Soil Association, a UK-based charity focused on agriculture's environmental impact, the overall UK organic beauty and wellness market value escalated to £147.6 million ($191.88 million) in 2022, up from £138.2 million ($186.57 million) in the previous year. Therefore, the demand for organic cosmetics is bolstering the hazelnut oil market's growth. Increased health consciousness is also having a substantial affect on hazelnut oil demand. The escalation in demand for dietary supplements is also predicted to boost the hazelnut oil market. Dietary supplements are products that complement the diet by providing essential nutrients, vitamins, minerals, botanicals, and other health-promoting compounds. The awareness of health and wellness encourages people to use dietary supplements to enhance health and prevent disease. The growth of online shopping also contributes to these products' accessibility, making research and purchasing easier. Hazelnut oil is utilized in dietary supplements due to its healthy fatty acid composition, high antioxidant content, and potential heart health, skin hydration, and overall wellness benefits. For example, based on a survey of 3,192 adults conducted by the Council for Responsible Nutrition, a US-based dietary supplement* and functional food industry trade association, approximately 74% of U.S. adults use dietary supplements. Confidence in sports nutrition supplement quality increased five percentage points to 66% compared to 2022, while confidence in the weight management category rose four percentage points to 56% within the same period. Hence, the growing demand for dietary supplements is propelling the expansion of the hazelnut oil market.
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Which Leading Companies Are Shaping the Growth of the Hazelnut Oil Market?
Major companies operating in the hazelnut oil market are Gursoy A.S., Roland Foods LLC, Mountain Rose Herbs Inc., La Tourangelle Inc., Jedwards International Inc., LorAnn Oils LLC, Edens Garden Inc., Base Formula Limited, Georgian Hazelnut Corporation LLC, Bioplanete GmbH, Caloy Company Inc., NHR Organic Oils LLC, Arslanturk Agricultural Products, Poyraz Hazelnut Integrated Industry and Trade Inc., Gustav Heess, SULU ORGANICS LLC, Boxon Food AB, Aromex Industry Inc., DeveHerbes, Botanical Formulations Inc., A L'Olivier
What Are the Major Trends Shaping the Hazelnut Oil Market?
Key players in the hazelnut oil industry are advancing their strategies with personalized beauty solutions like customization services to enrich the consumer experience. Such services, tailored in the cosmetic sector, empower consumers to create individualized beauty items, notably bespoke lip oils, selecting from an array of pigments and formulae to suit their specific tastes and needs. For example, Clarins, a French skincare and cosmetics firm, unveiled a novel customization service called Lip Oil Factory in May 2024. The service facilitates customers to design their shades of Lip Comfort Oil through a dedicated machine, providing seven pigment choices. They can create one of the 64 potential combinations by opting for distinct proportions of at least two pigments in the Lip Comfort Oil recipe. The formula contains 93% natural ingredients, with a combination of rosehip, organic jojoba, and hazelnut oils, enhancing skin nourishment and reinforcing its natural defense against external threats.
What Are the Key Segments of the Hazelnut Oil Market?
The hazelnut oilmarket covered in this report is segmented -
1) By Product Type: Cold-Pressed Hazelnut Oil, Refined Hazelnut Oil, Unrefined Or Virgin Hazelnut Oil, Flavored Hazelnut Oil, Other Product Types
2) By Distribution Channel: Supermarkets And Hypermarkets, Specialty Stores, Online Retail, Foodservice And Hospitality, Other Distribution Channel
3) By Application: Culinary, Cosmetics And Skincare, Aromatherapy, Nutraceuticals, Other Applications
Subsegments:
1) By Cold-Pressed Hazelnut Oil: Organic Cold-Pressed Hazelnut Oil, Conventional Cold-Pressed Hazelnut Oil
2) By Refined Hazelnut Oil: Lightly Refined Hazelnut Oil, Highly Refined Hazelnut Oil
3) By Unrefined Or Virgin Hazelnut Oil: Organic Virgin Hazelnut Oil, Conventional Virgin Hazelnut Oil
4) By Flavored Hazelnut Oil: Garlic-Flavored Hazelnut Oil, Herb-Flavored Hazelnut Oil, Spicy Hazelnut Oil
5) By Other Product Types: Hazelnut Oil Blends, Specialty Hazelnut Oils, Fractionated Hazelnut Oil
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Which Region Dominates the Hazelnut Oil Market?
Europe was the largest region in the hazelnut oil market in 2024. The regions covered in the hazelnut oil market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Hazelnut Oil Global Market Report?
- Market Size Analysis: Analyze the Hazelnut Oil Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Hazelnut Oil Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Hazelnut Oil Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Hazelnut Oil Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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