What is the global market size of Hazelnut Market ?

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.

Which region accounted for the largest share in Hazelnut Market ?

How is Hazelnut Market Performing in North America?

Top Hazelnut Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Hazelnut Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Hazelnut industry players.

Hazelnut Market Competitive Landscape

As per market strategies, a notable startup in the hazelnut market focuses on providing high-quality, sustainably sourced hazelnuts directly to consumers. This company emphasizes organic farming practices and offers a variety of products, including whole hazelnuts, hazelnut paste, and hazelnut-based snacks. With a strong commitment to environmental sustainability, the startup has gained attention for its eco-friendly production methods and commitment to traceability.

HazelNuts Direct (Founded 2018): This startup focuses on providing high-quality, sustainably sourced hazelnuts directly to consumers. HazelNuts Direct is committed to promoting organic farming practices and offers a range of products, including whole hazelnuts, hazelnut paste, and hazelnut-based snacks. They aim to cater to the growing demand for healthy, natural ingredients and are exploring new distribution models, such as e-commerce platforms, to reach a global audience.

NutriHazel (Founded 2019): NutriHazel specializes in producing innovative hazelnut-based products targeting the health and wellness sector. They focus on developing hazelnut protein powders, snack bars, and plant-based beverages enriched with hazelnut ingredients. NutriHazel is particularly active in markets that are seeing a rise in demand for plant-based and functional foods. With a focus on nutritional benefits, the startup aims to carve out a niche within the growing trend of functional foods and natural alternatives to traditional protein sources.

Top Player’s Company Profile

Zimmer Biomet

Enovis

Paragon 28

Stryker

Artelon

LimaCorporate

Smith+Nephew

DePuy Synthes (Johnson & Johnson)

Orthofix

Globus Medical

Medtronic

B. Braun Melsungen AG

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FAQs

Global Hazelnut Market size was valued at USD 9.27 Billion in 2024 and is poised to grow from USD 10.12 Billion in 2025 to USD 20.31 Billion by 2033, growing at a CAGR of 9.1% during the forecast period (2026–2033).

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. 'Olam International ', 'Arslanturk S.A. ', 'Karimex Nuts ', 'Holmquist Hazelnut Orchards, LLC ', 'DurakFindik ', 'DeveHerbes ', 'Azerstar LLC ', 'American Hazelnut Company ', 'Hazelz New Zealand ', 'Northwest Hazelnut Company ', 'Ferrero ', 'ADM ', 'BALSU ', 'Poyraz Poyraz ', 'Kanegrade Ltd. ', 'GPR ', 'Nuts L ', 'Boxon food ', 'Fruits of Turkey ', 'BATA FOOD'

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.

As per regional forecast, the North America hazelnut market is growing due to the increasing demand for hazelnuts in food products such as chocolate, confectionery, and snacks. The U.S. is a major consumer of hazelnuts, especially for chocolate manufacturing, and the rise in health-conscious eating habits is driving demand for plant-based products, including hazelnut-based alternatives. Canada also shows a similar trend, with a growing appetite for hazelnut-based spreads and snacks. The presence of established chocolate manufacturers and expanding vegan and organic food trends are also contributing factors.

Top Hazelnut Companies

Hazelnut Market Competitive Landscape

FAQs

What is the global market size of Hazelnut Market?

Who are the key vendors in the Hazelnut Market?

What is the key driver of Hazelnut Market?

What is the key market trend for Hazelnut Market?

Which region accounted for the largest share in Hazelnut Market?

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