Hazelnut Market Size Projected to Reach $16.8 billion by 2034 | 6.5%

According to Straits Research, the global hazelnut market size was valued at $9.5 billion in 2025 and is projected to reach $10.2 billion in 2026 and $16.8 billion by 2034, growing at a CAGR of 6.50% during the forecast period 2026–2034.

Straits Research, a leading market research organization, announced the release of the report titled “Hazelnut Acid Market Size and Outlook —Forecasts till 2034”. The report provides an in-depth analysis of the market size, trends, opportunities, and market mechanism. The report also covers a regional analysis of several market factors.

The hazelnut market is segmented based on type, application, and region. Some of the insights provided in the report are highlighted below:

• The shelled hazelnut segment is projected to grow at a CAGR of 6.50% during the forecast period.
• Asia Pacific is expected to lead the market with an inclination toward Western-style food consumption, increasing disposable income, and expanding retail channels.
• Consumers worldwide are increasingly seeking healthy, plant-based, and nutrient-rich snacks, which drives demand for hazelnut-based spreads, bars and dairy alternatives.
• The US is expected to North America market, as it is one of the major hazelnut producers, has an established consumer base, and a robust history of hazelnut research.

Straits Research adopts a rigorous 360° research approach that integrates both primary and secondary research methodologies. The report data is triangulated with a mix of market indicators, macroeconomic outlook, industry sources, and strategic briefings.

The report is designed to enable decision makers, such as CXOs, policymakers, investors, startups, and other related stakeholders, to understand the current and future scenario of the market.

Market Segments

1. By Product
   1. Shelled Hazelnut
   2. Hazelnut Paste
2. By Form
   1. Raw Hazelnut
   2. Roasted Hazelnut
3. By End Use Industry
   1. Confectionery Industry
   2. Dairy Alternative Industry
4. By Region
   1. Europe
   2. Asia Pacific
   3. North America
   4. Middle East & Africa
   5. Latin America