The Hazelnut Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The Hazelnut Global Market has shown considerable growth in recent times. The market size is projected to surge from $15.11 billion in 2024 to reach $16.48 billion by 2025, growing at a compound annual growth rate (CAGR) of 9.1%.
The hazelnut market is predicted to increase to a valuation of $23.07 billion by 2029, growing at a compound annual growth rate (CAGR) of 8.8%.
Download Your Free Sample of the 2025 Hazelnut Market Report and Uncover Key Trends Now!The key drivers in the hazelnut market are:
• Rising awareness of sustainable and organic farming practices
• Expansion of e-commerce and online grocery shopping
• Climate change adaptation strategies
• Increasing use of hazelnuts in different products
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
The key trends in the hazelnut market are:
• Advancements in plant-based products are shaping the future of the hazelnut market.
• Innovation and technological advancements in hazelnut processing are emerging trends.
• Sustainable and organic farming practices are increasingly being adopted in the hazelnut industry.
• There is a growing trend in innovations related to hazelnut-based beverages.
Major companies 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.
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