Hazelnut Market 2026 Industry Overview, COVID-19 Impact Analysis 2035

Author : vinayak sargar | Published On : 10 Mar 2026

Here are Hazelnut Market insights with company references and numerical values that you can use for market research or report writing.


Hazelnut Market – Key Insights with Company References

1. Recent Developments

  • Ferrero Group expanded its sustainable hazelnut sourcing programs in Turkey to ensure supply traceability and quality.

  • Olam International launched new hazelnut processing facilities in Asia-Pacific to meet increasing demand from confectionery and ingredient manufacturers.

  • Barry Callebaut introduced premium hazelnut-based ingredients for gourmet chocolate manufacturers.

  • Ferrero processes about 100,000 metric tons of hazelnuts annually for Nutella production, making it the world’s largest consumer of hazelnuts.

https://www.fiormarkets.com/report/hazelnut-market-size-by-product-type-raw-hazelnuts-420598.html


2. Drivers

Rising demand from food and confectionery companies

  • Chocolate manufacturers such as Ferrero Group, Nestlé, and Barry Callebaut heavily rely on hazelnuts for premium chocolate and spreads.

  • The global hazelnut market is expected to grow from about USD 10.3 billion in 2025 to USD 24.6 billion by 2035 (CAGR ~9.1%).

  • Around 65% of consumers prefer healthier snacks, boosting demand for nuts and plant-based ingredients.


3. Restraints

Supply concentration and climate risks

  • Turkey produces around two-thirds of the world’s hazelnuts, making supply vulnerable to weather events and pests.

  • Price volatility due to crop shortages can significantly affect large buyers such as Ferrero Group and Cargill.

  • Agricultural production risks (frost, pests, and drought) limit stable raw material supply.


4. Regional Segmentation Analysis

  • Europe holds approximately 45% of global hazelnut consumption, largely due to strong chocolate and confectionery industries.

  • Asia-Pacific is the fastest-growing region with growth rates exceeding 12% annually driven by rising demand for healthy foods.

  • North America accounted for about USD 1.79 billion market value in 2025.

  • Major supply hubs include Turkey, Italy, the United States, Azerbaijan, and Georgia.


5. Emerging Trends

  • Plant-based foods and hazelnut milk alternatives gaining popularity among vegan consumers.

  • Growth of functional foods and clean-label ingredients.

  • Expansion of organic and sustainably sourced hazelnuts.

  • Increasing demand for hazelnut butter, spreads, and protein snacks.


6. Top Use Cases

  1. Chocolate and confectionery products – largest application segment (~63% market share).

  2. Bakery products (cakes, pastries, spreads).

  3. Plant-based beverages (hazelnut milk).

  4. Edible oils and cosmetics (hazelnut oil used in skincare).

  5. Nutraceuticals and dietary supplements due to high vitamin and antioxidant content.

Companies involved in these applications include Ferrero Group, Mondelez International, Barry Callebaut, and Nestlé.


7. Major Challenges

  • Heavy reliance on single-region supply chains (Turkey).

  • Rising production costs and climate change impacts on hazelnut crops.

  • Supply chain disruptions affecting large processors like Olam International and ADM.

  • Price volatility due to fluctuating harvest yields.


8. Attractive Opportunities

  • Growth of premium chocolate products and spreads globally.

  • Expanding plant-based dairy alternatives using hazelnuts.

  • Increasing demand for functional and organic snacks.

  • Development of value-added processed hazelnut ingredients for bakery and confectionery industries.


9. Key Factors of Market Expansion

  • Rising global consumption of chocolate and confectionery products.

  • Increasing adoption of plant-based diets.

  • Strategic sourcing and processing investments by companies such as Ferrero Group (≈19% market share) and Olam International (≈13.5%).

  • Expanding use of hazelnuts in functional foods, cosmetics, and nutraceuticals.


✅ Major Companies in the Hazelnut Market

  • Ferrero Group

  • Olam International

  • Barry Callebaut

  • ADM (Archer Daniels Midland)

  • Balsu Gida

  • Northwest Hazelnut Company

  • American Hazelnut Company


If you want, I can also provide a “Top 10 Hazelnut Market Companies with revenue and market share” for your report.