Hazelnut is one of the most widely used products in the nut industry. Because of its flavor and advantages, the hazelnut industry has one of the largest growth in the hazelnut industry. Hazelnut is widely used in food, beverage, oil and cosmetics industries.
Crushed, crushed, ground, powder and white comes. Various pastries, cooked foods, frozen desserts, salads, and dinners served as condiments.
Since it contains raw materials for skin care, it is also used to manufacture a wide range of beauty products including lotion, massage oil, cream, facial oils, and soap.
According to Pol-e Bazaar data research, the value of “hazelnut” market, valued at $14,944.61 million in 2021, is expected to reach $29,343.76 million in an investment market, 8.8% between 2022 and 2029.
Expert analysis, import/export analysis, pricing analysis, product consumption analysis, copyright analysis, and consumer behavior are all included in market research.
The corilosomalana, also known as hazelnut, is also known as hazelnut and hemp. Hazelnut is rich in vitamins B, E and K and has high nutritional value.
Hazelnut is a suitable ingredient for vegetarian recipes because in addition to vitamins, they also contain minerals, healthy fat and protein.
Salt and cholesterol levels are minimal. This method has many health benefits, including the natural treatment of celiac disease and reducing LDL cholesterol (bad) while increasing HDL cholesterol (good).
The hazelnut market is expected to have 10% as expected from the expected period (2022-2027).
As a result of COVID-19, people tend to eat a nutritious diet containing fruits, nuts, and other foods. Most healthy eating habits include nuts, which are fat and have high energy density.
Linoleic acid, unsaturated fatty acids and protein are found in large quantities by hazelnut. Compared to other nuts, the alpha-tocopherols ratio is higher.
Hazelnut consumption may also help control inflammatory and immune responses. As a result, hazelnut demand is expected to increase in the future.
According to studies, eating hazelnut can decrease LDL cholesterol (bad) and increase HDL cholesterol (good), which increases demand. Hazelnut is a common ingredient in confectionery, including cakes, cookies, perallions, chocolate foods, and baked goods.
Many companies are entering the market with creative products and responding to the growing demand for the product.
In May 2018, Buhler, the world’s largest nut processing equipment supplier, introduced a new combination of sorting technologies that led to natural hazelnut processing systems in Turkey and an entry into the natural hazelnut market.
Turkey has around 65% of the world’s production of hazelnut. Due to the growing demand for hazelnut in the chocolate industry, Europe is expected to show the highest CAGR of 7.6% during the forecast period.
The market is expected to expand during the anticipated period in light of increased consumer demand and substantial health benefits.
Hazelnut Industry
Some of the factors driving the growth of industry during the forecast period, increased demand for hazelnut products due to its pleasant flavors, growing demand for different hazelnut essential products, consumer growth as a priority for organic products, and increased the use of hazelnut extract in various products.
Applications such as pharmaceuticals, food and drinks, and medicinal use of hazelnut beans.
The emerging alcoholic beverage and food sector (SPIRITS) is of particular importance due to its ability to enhance the taste and value of food products.
In addition, it combines low-calorie content with a wide range of antioxidants, which increases the demand for a healthy-aware population.
Increase in profitable opportunities is enhanced by introducing new food and beverage companies, increased demand for organic malt compounds and extracts, and acceptance of natural flavor growth.
But the use of artificial goods on a particular threshold and established regulations that threaten the interests of workers will hinder the expansion of the market.
In addition, the increase in the market has also been hindered by changes in commodity prices, shortages of supply, and a decline in agricultural technology.
Effect of COVID-19 on hazelnut production
Global market demand for products made with natural materials such as COVID-19 has increased dramatically. In this regard, the hazelnut market is a significant improvement across the world, especially in the consumption of functional foods and drinks.
It also needs a lot of work, especially during harvest and post-harvest periods.
For that, they rely on seasonal workers, many of whom are expatriates. These workers have been affected by COVID-19. For example, if their temporary residence conditions are not met by high standards of health and social distancing, they could face serious health risks.
New Development
In July 2021, Italian food company Fausi will launch a series of organic hazelnuts and cocoa beans made of a mixture of peas, cocoa and hazelnut. Saory Orange Hazellot and Crunchi Halelot are introduced after the original Coa Haselefout.
“Noxiolta Creanchi”, a new hazelnut that airs on the Italian company Rigoni di Sayago, will begin production in April 2021. This is an organic hazelnut that is dispersed by 22% nuts, made of roasted hazelnut kernels.
To track the hazelnut value chain, Ferreiro worked with Sourcmap in January 2021. By using the Sourcmap platform, Ferrero will be able to provide key information on social and agricultural actions, evaluating the value chain with data science, and improving productivity.
Hazelnut comes from species of Corylus. Hazelnut is sold without skin, complete, divided, cut or with ground. The market is geographically segmented.
Therefore, this report is aimed at analyzing the production, consumption, import, export and trend of prices in hazelnut markets around the world.
The report provides market value and a value forecasting (in thousands of US dollars) and volume (in metric tons).
Demand for chocolate industry strong
Sweet trading has seen the innovation in chocolate taste, while chocolate makers introduce their products with a wide range of hazelnut-mixed products. Like peanut butter, chocolate butter is becoming more and more popular.
That amount of food is currently sold in most of the chain of grocery stores, thanks to the growth in the number of companies that started producing their own copies.
The world’s leading chocolate producer Linette introduced a 40% spread of hazelnut to the British market in 2018.
While the song is being released in the UK, it is expected to be available in other European countries. Similarly, hazelnut-spreading chocolate containing a beautiful milk chocolate shell with hazelnut-spreading kernel is introduced.
Hazelnut is a key element of some of Foro’s brands, such as Nutella, Ferrero Rocher, and Kinder Bueno. 25% of the world’s nuts are used to produce Ferrero products.
With the Nutella attacks, Nutella World Day, and the opening of Nutella Bars in the United States, Nutella has become a global mania for food.
The increasing demand for hazelnut from industry in serving increasing global consumer demand is the result of the growing popularity of Notella.
Demand for hazelnut is increasing as chocolate makers restart their products for the holiday season, a mix of traditional and western styles, usually with luxury nuts embedded in chocolate.
