Top Factor Driving Hazelnut Market Growth in 2025: The Impact Of Growing Plant-Based Diets On The Hazelnut Market

How Are the key drivers contributing to the expansion of the hazelnut market?
The upward trend in plant-based diets is anticipated to fuel the expansion of the hazelnut market. A plant-based diet, which comprises largely of plant-sourced foods like fruits, vegetables, grains, legumes, nuts, and seeds has been gaining traction. This surge in popularity is due to factors like increased health-awareness, climate change apprehensions, animal welfare considerations, and an expansive range of plant-based products. Hazelnuts, packed with antioxidants, healthy fats, and important nutrients, could help reduce oxidative stress and inflammation, thereby contributing to brain health, particularly in Parkinson's patients. For instance, the Plant Based Foods Association (PBFA), a US-based body, reported in April 2023 that plant-based foods experienced a sales growth of 6.6% in 2022, a jump from 5.9% in 2021. Moreover, plant-based food consumption rose from 66% to 70% of the U.S. population in one year. Consequently, the rising trend in plant-based diets is propelling the hazelnut market's growth.

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What growth opportunities are expected to drive the hazelnut market's CAGR through 2034?
The hazelnut market has seen significant growth in the past, with an expected increase from $15.11 billion in 2024 to $16.48 billion in 2025, experiencing a compound annual growth rate (CAGR) of 9.1%. This historic growth is primarily due to the growing focus on health, the surge in the snack food industry, the expansion of hazelnut farming, the rising demand for hazelnuts, and the shift in consumer eating habits towards plant-based diets.

The hazelnut industry is projected to experience significant growth in the upcoming years, expanding to a value of $23.07 billion in 2029 with a compound annual growth rate (CAGR) of 8.8%. Factors contributing to the growth during the prediction period include the increasing recognition of sustainable and organic farming methods, e-commerce growth, strategies to adapt to climate change, the rise in online grocery shopping, and an enhanced usage of hazelnuts. The forecast period is expected to see developments in plant-based products, improvements in hazelnut processing technology, progress in sustainable and organic farming measures, and creative inventions in beverages derived from hazelnuts.

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What are the emerging trends shaping the future of the hazelnut market?
Leading businesses in the hazelnut market are focusing on the production of innovative products such as snacks and spreads. Their aim is to boost flavour profiles, enhance nutritional benefits, and meet the growing consumer demand for healthier and eco-friendly options. Snacks and spreads, designed for quick and easy consumption, are created with the objective of adding flavour to other food items. For example, in October 2023, a US gourmet snack firm named Otto's Nuts, unveiled a new range of Turkish coffee and cocoa-coated hazelnut snacks, and innovative spreads. The range contains various flavours, blending the scrumptious taste of hazelnuts with popular beverages, which appeals to consumers looking for unique flavour experiences. These products are designed to offer an ideal mix of sweetness and crunchiness, while showcasing the health benefits of hazelnuts, which are high in healthy fats, fibre, and protein.

Which growth-oriented segments of the hazelnut market are leading the industry's development?
The hazelnutmarket covered in this report is segmented -

1) By Type: Whole Hazelnut, Hazelnut Oil, Hazelnut Flour, Hazelnut Paste, Other Types
2) By Form: Roasted, Unroasted
3) By Distribution Channel: Online, Offline
4) By Application: Personal Care And Cosmetics, Pharmaceutical Industry, Food And Beverages, Other Applications

Subsegments:
1) By Whole Hazelnut: Raw Whole Hazelnuts, Roasted Whole Hazelnuts, Blanched Whole Hazelnuts
2) By Hazelnut Oil: Cold-Pressed Hazelnut Oil, Refined Hazelnut Oil, Unrefined Hazelnut Oil
3) By Hazelnut Flour: Blanched Hazelnut Flour, Unblanched Hazelnut Flour, Organic Hazelnut Flour
4) By Hazelnut Paste: Sweetened Hazelnut Paste, Unsweetened Hazelnut Paste, Organic Hazelnut Paste
5) By Other Types: Hazelnut Butter, Hazelnut Milk, Hazelnut Spread

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What regions are leading the charge in the hazelnut market?
Europe was the largest region in the hazelnut market in 2024 and it is expected to be the fastest-growing region in the forecast period. The regions covered in the hazelnut market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What companies are at the forefront of innovation in the hazelnut market?
Major companies operating in the hazelnut market are Cargill Inc., Nestlé S.A., Ferrero International S.A., Barry Callebaut AG, J.M. Smucker Company, McCormick and Co. Inc., Hain Celestial Group Inc., Diamond Foods LLC, Nutiva Inc., Tropicana Products Inc., Weber Flavors, GEONUTS, Amedei Toscana, Chelmer Foods Ltd., Baker's Choice, Azerstar LLC, Northwest Hazelnut Company, Hazelnut Growers of Oregon Inc., Hazelz New Zealand, Apex Flavors Inc., Pascha Chocolate, Arslanturk S.A., Boxon Food, BATA FOOD Inc.

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What Is Covered In The Hazelnut Global Market Report?

•Market Size Forecast: Examine the hazelnut market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the hazelnut market for a structured understanding.
•Key Players Overview: Analyze major players in the hazelnut market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the hazelnut market.
•Segment Contributions: Evaluate how different segments drive overall growth in the hazelnut market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the hazelnut market.
•Industry Challenges: Identify potential risks and obstacles affecting the hazelnut market.
•Competitive Landscape: Review strategic developments in the hazelnut market, including expansions, agreements, and new product launches.

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