Top Hazelnut Companies

Global Hazelnut Market size was valued at USD 8.65 Billion in 2023 and is poised to grow from USD 9.42 Billion in 2024 to USD 18.63 Billion by 2032, growing at a CAGR of 8.9% in the forecast period (2025-2032). The global hazelnut market is experiencing strong growth, which is driven by increasing consumer awareness of health benefits and increasing demand for plant-based and nutritious food products. Important nutrients such as hazelnuts, vitamin E, healthy fats and antioxidants quickly include in different food applications, including bakery and dairy products. The popularity of plant-based diets and the growing trend of healthy snacking has continued the consumption of hazelnut-basedproducts. The market experiences the regular growth of the product's increasing health benefits and nutritional value, increasing the demand for hazel-based products, increases the awareness of permanent agriculture and increases consumer interest in plant-based protein sources. In the food service sector, hazelnuts are commonly used in both sweet and savory dishes, adding depth of flavor and visual appeal to menus.

In 2024, the competitive landscape of the global hazelnut industry is marked by significant activity, with key players striving to capitalize on rising demand across various sectors, particularly food and beverage. Companies are focused on enhancing their product offerings, expanding distribution networks, and ensuring sustainability in production practices. Leading players are adopting strategic collaborations, mergers, and acquisitions to broaden their market share and diversify their product portfolios. The increasing demand for hazelnuts, especially in premium chocolate and health-conscious food products, is fueling innovation in processing and packaging techniques. 'Zimmer Biomet', 'Enovis', 'Paragon 28', 'Stryker', 'Artelon', 'LimaCorporate', 'Smith+Nephew', 'DePuy Synthes (Johnson & Johnson)', 'Orthofix', 'Globus Medical', 'Medtronic', 'B. Braun Melsungen AG'

The increasing global elderly population is one of the primary drivers of the fracture fixation products market. With age, bones become more fragile, and the prevalence of osteoporosis and related fractures rises. This demographic shift has significantly boosted the demand for internal and external fixation products to treat hip, spine, and wrist fractures common among seniors. Developed regions like North America and Europe are especially seeing a spike in procedures aimed at elderly fracture repair.

Growing Preference for Bio-Absorbable Fixators: There is a growing trend toward using bio-absorbable fixators that naturally dissolve in the body over time. This eliminates the need for a second surgery to remove the hardware, reducing both patient risk and healthcare costs. These fixators are especially popular in pediatric and small bone fractures and are expected to gain further traction as materials improve.

How is Hazelnut Market Performing in North America?