The most important market for these nuts is the snack industry. The bakery, breakfast cereal and confectionery industries use domestic and imported hazelnuts. Companies in these sectors usually convert shelled hazelnuts into pasta to be used as an ingredient. The global hazelnut market has experienced significant growth and is expected to experience a similar trend in the coming years.
Hazelnut is also known as Filbert's nut or coconut, which belongs to the species Corylusavellana. Different forms of hazelnuts are sold on the market, such as hazelnut oil, hazelnut paste and hazelnut flour. Many types of hazelnuts are sold on the market; for example, the chopped hazelnut is a small nut with a thick shell and is very adaptable in nature. It has a high resistance to EFB disease.
American hazelnuts adapt well to the climate of the United States and are high-quality nuts. The European hazelnut, also known as Corylusavellana, is a species native to Western Asia and Europe. When ripe, the nut pops out of the shell about seven to eight months after pollination. The seed kernel is edible, often used raw or fried, or cooked to make pasta.
The seed has a thin, dark brown surface that is usually removed before cooking. Market forces in Turkey have caused prices to fall, while shipping restrictions in China have meant a smaller market for Oregon producers. Consequently, for those who now invest in the cultivation of hazelnuts, it is important to pay attention, first of all, to the hazelnut markets of these countries, together with China, the United Arab Emirates and today's major importers of these nuts. It is also worth taking a closer look at the new sales markets, for example, China and the United Arab Emirates, which are actively increasing hazelnut imports, although the volumes of these imports are still negligible.
In addition, the hazelnut market analysis report includes information on upcoming trends and challenges that will influence market growth.