Increasing demand for Global Hazelnut Market to grow at a CAGR of 6.76% Over 2017-2021 foods and beverages

Hazelnuts are sweet tree nuts that grow in temperate zones. They are primarily cultivated in Turkey, which produces about 60% of the world's total production. Hazelnuts are rich in protein and have high nutritional value. They have a high amount of dietary fiber that helps reduce cholesterol and the highest amount of proanthocyanidin in the nut family. Hazelnuts are used in products like spreads, chocolate bars, and coffee. They are also used to make hazelnut oil, which is used for medicinal purpose and personal grooming. The key end-users for this market are individual consumers, foodservice establishments, and industries.

The global hazelnut market to grow at a CAGR of 6.76% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global hazelnut market for 2017-2021. To calculate the market size, the report analyzes business dimensions with an eye on individual growth trends and contribution of upcoming market segments.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

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Technavio's report, Global Hazelnut Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Balsu Gida
Chelmer Foods
Kanegrade
Olam International
Oregon Hazelnuts
Other prominent vendors
Aydin Kuruyemi
GEONUTS
Hebo Findik
Pazar Hazelnut Manufacturing & Exporting Company
Poyraz Tarimsal

Market driver
Increasing demand for hazelnut-based foods and beverages.
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Market challenge
Impact of increase in average unit price on consumption.
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Market trend
Untapped market potential of hazelnut oil as infant nutrition product.
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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