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North America Hazelnut Market Size, Share, Trends, Analysis: By Form: Raw, Processed, Oil; By Application: Food and Beverage, Pharmaceuticals, Cosmetics and Personal Care, Others; By Distribution Channel: Offline, Online; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
North America Hazelnut Market Outlook
The North America hazelnut market size was approximately USD 1.97 billion in 2023. The market is assessed to grow at a CAGR of 7.6% between 2024 and 2032, reaching a value of USD 3.82 billion by 2032.
Key Trends in the Market
Hazelnut, alternatively called filbert, is obtained from the Corylus tree and is a highly nutritious source of Vitamin B, C and E. It is rich in antioxidants and healthy fats which prevents early ageing, cell damage, and heart disease, and lowers cholesterol levels. It also contains essential micronutrients like magnesium, phosphorus, and potassium which catalyses the rate of metabolism and tissue repair in the human body.
- The development of EFB (Eastern Filbert Blight fungus) resistant plants is expected to favour the growth of hybrid hazelnuts on a commercial scale in eastern and northern USA. Prior to this development, the cultivation of hazelnuts suffered adversely in the USA because of cankering and death of young plants by EFB. This will help lower such instances and boost production, aiding the North America hazelnut market growth.
- Hazelnut crops possibly are the future crops of the world because of the myriad of environmental benefits they provide. They can grow on less water, store high amounts of carbon, and control soil erosion in hilly/sloping regions. They require relatively less maintenance than major North American crops and can tolerate short term droughts as well. This is expected to favour the North America hazelnut market demand.
- The production of hazelnuts for obtaining biofuels is one of the key North America hazelnut market trends. Based on the US government estimates, 125 gallons/acre of oil can be derived from hazelnut cultivation in Oregon. This is expected to popularise the cultivation of hazelnut crops as the shift to sustainable energy resources becomes widespread.
Market Segmentation
Based on form, the market is segmented into raw, processed, and oil. The North America hazelnut market segmentation, based on application, includes food and beverage, pharmaceuticals, and cosmetics and personal care, among others. By distribution channel, the market is categorised into offline and online.
On the basis of country, the market can be divided into the United States of America and Canada.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the North America hazelnut market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- Olam Group Limited
- Ferrero International S.A
- American Hazelnut Company
- George Packing Company
- Northwest Hazelnut Company
- Wilco/Valley Agronomics LLC
- Ken & June’s Hazelnuts
- CZ Holding A.S.
- KAYALAR Hazelnut
- Others
Market Share by Application
As per the North America hazelnut market analysis, the cosmetics and personal care industry is expected to make an increasing use of hazelnuts for manufacturing lotions, skin creams, and body oils. Hazelnuts’ natural properties helps in moisturising the skin and protecting it from the harmful rays of the sun. It also reduces wrinkles and fine lines near the eyes and forehead which enables people to look younger. It is helpful in treating acne and boosts the production of collagen which strengthens skin elasticity.
The food and beverage industry is expected to remain one of the leading end-users of hazelnuts for manufacturing sandwich spreads and other items. Restaurants and households are expected to increase the use of hazelnuts in their daily salads owing to its healthy properties.
Market Share by Distribution Channel
Online channels are expected to account for a significant North America hazelnut market share due to increasing smartphone penetration and internet accessibility in Canada and the United States. Multiple brands assure timely delivery of natural hazelnuts and high-quality hazelnuts products for consumption. This alternative is more suitable for people who prefer not to visit physical stores for shopping, as online channels provide better discount offers and variety of brands. Their popularity is especially high among the GenZ and millennials who prioritise convenience and ease of shopping online. The increasing safety of online payments and the option of money refunding is also boosting the adoption of online channels.
Competitive Landscape
Olam Group Limited was founded in 1989 and is headquartered in Singapore. It is one of the world’s leading food and agri-business companies which operates in 60+ countries. It is organised into three business divisions which includes ofi(providing food and beverage ingredients), Olam Agri (leading food, feed, and fibre market), and Remaining Business of Olam Group(providing shared services to other two divisions, among others).
American Hazelnut Company was founded in November 2014 and is headquartered in Kickapoo Culinary Center in Gays Mills, Wisconsin. It purchases in-shell hazelnuts from its network of 24 farmers and converts them into whole kernels, cold presses unfiltered oil, and food packets in its processing facilities. It has also partnered with Upper Midwest Hazelnut Development Initiative to build a sustainable hazelnut industry in Midwest USA.
KAYALAR Hazelnut was founded in 1987 and is headquartered in Turkey. It is engaged in growing, processing, and exporting hazelnuts globally. It is popular for producing Giresun hazelnuts which have been granted PDO (Protected Designation of Origin) status by the European Commission. Besides, its wide product range includes chopped hazelnuts, piccolo hazelnuts, and roasted hazelnuts, among others.
Other players in the North American hazelnut market include Ferrero International S.A, George Packing Company, Northwest Hazelnut Company, Wilco/Valley Agronomics LLC, Ken & June’s Hazelnuts, and CZ Holding A.S., among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Form |
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| Breakup by Application |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Hazelnut Market Overview
8.1 Key Industry Highlights
8.2 Global Hazelnut Historical Market (2018-2023)
8.3 Global Hazelnut Market Forecast (2024-2032)
8.4 Global Hazelnut Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 North America Hazelnut Market Overview
9.1 Key Industry Highlights
9.2 North America Hazelnut Historical Market (2018-2023)
9.3 North America Hazelnut Market Forecast (2024-2032)
10 North America Hazelnut Market by Form
10.1 Raw
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Processed
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Oil
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
11 North America Hazelnut Market by Application
11.1 Food and Beverage
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Pharmaceuticals
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Cosmetics and Personal Care
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Others
12 North America Hazelnut Market by Distribution Channel
12.1 Offline
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Online
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 North America Hazelnut Market by Country
13.1 United States of America
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Canada
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators of Demand
14.4 Key Indicators of Price
15 Trade Data Analysis (HS Code-080221, 080222)
15.1 Major Importing Countries
15.1.1 By Volume
15.1.2 By Value
15.2 Major Exporting Countries
15.2.1 By Volume
15.2.2 By Value
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Olam Group Limited
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Ferrero International S.A.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 American Hazelnut Company
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 George Packing Company
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Northwest Hazelnut Company
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Wilco/Valley Agronomics LLC
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Ken & June’s Hazelnuts
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 CZ Holding A.S.
17.2.8.1 Company Overview
17.2.8.2 Product Portfolio
17.2.8.3 Demographic Reach and Achievements
17.2.8.4 Certifications
17.2.9 KAYALAR Hazelnut
17.2.9.1 Company Overview
17.2.9.2 Product Portfolio
17.2.9.3 Demographic Reach and Achievements
17.2.9.4 Certifications
17.2.10 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Hazelnut Market: Key Industry Highlights, 2018 and 2032
2. North America Hazelnut Market: Key Industry Highlights, 2018 and 2032
3. North America Hazelnut Historical Market: Breakup by Form (USD Billion), 2018-2023
4. North America Hazelnut Market Forecast: Breakup by Form (USD Billion), 2024-2032
5. North America Hazelnut Historical Market: Breakup by Application (USD Billion), 2018-2023
6. North America Hazelnut Market Forecast: Breakup by Application (USD Billion), 2024-2032
7. North America Hazelnut Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
8. North America Hazelnut Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
9. North America Hazelnut Historical Market: Breakup by Country (USD Billion), 2018-2023
10. North America Hazelnut Market Forecast: Breakup by Country (USD Billion), 2024-2032
11. Major Importing Countries by Volume
12. Major Exporting Countries by Volume
13. Major Importing Countries by Value
14. Major Exporting Countries by Value
15. North America Hazelnut Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 1.97 billion.
The market is estimated to grow at a CAGR of 7.6% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 3.82 billion by 2032.
The market is being driven by the growing impact of climate change on countries like USA an Canada, and the increasing incidence of heart diseases among people.
The key trends aiding the market expansion include development of EFB resistant plants, climate change, and the crop’s potential as a biofuel.
The major forms of hazelnuts includes raw, processed, and oil.
The major applications of hazelnuts include food and beverage, pharmaceuticals, and cosmetics and personal care, among others.
The major players in the market are Olam Group Limited, Ferrero International S.A, American Hazelnut Company, George Packing Company, Northwest Hazelnut Company, Wilco/Valley Agronomics LLC, Ken & June’s Hazelnuts, CZ Holding A.S., and KAYALAR Hazelnut, among others.
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