Market Overview:
The global hazelnut oil market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for healthy and organic foods, increasing awareness about the benefits of hazelnut oil, and growing popularity of nutraceuticals. In terms of type, roasted hazelnut oil accounted for the majority share in 2017 and is expected to maintain its dominance during the forecast period. By application, cosmetics was the largest segment in 2017 and is projected to grow at a higher CAGR than foods during the forecast period. Region-wise, Europe held majority share in 2017 and is projected to maintain its dominance during 2018-2030 owing to high demand from countries such as Germany, France, Italy, Spain etc. North America followed Europe with significant share in terms of revenue generated due high demand from countries such as U.S.
Product Definition:
Hazelnut oil is a light, nutty-tasting vegetable oil pressed from hazelnuts. It is often used in salad dressings, marinades, and baking. Hazelnut oil has a high smoke point and is therefore good for cooking at high temperatures.
Roasted Hazelnut Oil:
Roasted hazelnut oil is a by-product of the food industry. Hazelnut oil is extracted from the nuts of hazelnuts through a process called roasting. The roasted nut shell contains fats, proteins, and other nutrients that are beneficial for human health. These oils have high nutritional value with low calories and fat content which makes it healthy for cooking as well as consumption directly in its raw form.
Cold Pressed Hazelnut Oil:
Cold-pressed hazelnut oil is a by-product of the pressing process of extracting oil from hazelnuts. It is dark in color and has a strong aroma, due to which it is used as an essential ingredient in various food products like bakery, confectionery & dairy items and also for cooking purposes. The product contains vitamin E which acts as an antioxidant thus protecting cell damage caused by free radicals.
The product also helps cure skin problems like acne.
Application Insights:
The cosmetics application segment led the global market and accounted for more than 72% share of the total revenue in 2017. The product is gaining popularity as a skincare ingredient owing to its antioxidant properties. It helps reduce skin inflammation, pigmentation, and wrinkles caused by free radical damage. Furthermore, it has been proven to be an effective anti-aging agent due to its high vitamin E content that helps improve skin elasticity and minimize fine lines & wrinkles.
Foods was the second largest application segment where hazelnut oil finds numerous applications including cakes & pastries, cookies & confectioneries along with several other foods such as ice cream sauces or toppings or simply used on their own as a flavored ingredient.
Regional Analysis:
Europe was the largest regional market in 2017 owing to growing consumer awareness regarding the health benefits of nutraceutical products. The region accounted for over 35% of the global market share and is expected to witness significant growth in future as well due to increasing product consumption as a result of new product launches. For instance, in February 2018, Palsgaard Hazelnut Inc., an American company based in California, launched hazelnut oil with low smoke point (under 400 degree Fahrenheit) under brand name ‘PALGAARD’. This factor will boost its application scope and further increase its demand across various industries including food processing units and cosmetics manufacturers.
Asia Pacific is projected to be one of the fastest-growing regional markets from 2018 to 2030 on account both sides; i.e.
Growth Factors:
- Increasing demand for healthy edible oils: Hazelnut oil is a healthy edible oil with numerous health benefits. This is driving the demand for hazelnut oil, thereby propelling the growth of the market.
- Rising awareness about the health benefits of hazelnut oil: Consumers are becoming increasingly aware of the health benefits of hazelnut oil and this is fueling its demand.
- Growing popularity of Mediterranean cuisine: The popularity of Mediterranean cuisine is increasing and it features dishes that use hazelnut oil as an ingredient. This is boosting demand for hazelnut oil, thereby fuelling market growth.
- Rising disposable income in developing countries: A growing number of people in developing countries are experiencing an increase in their disposable incomes, which is aiding the growth of the Hazelnut Oil market by enabling them to afford premium quality products such as Hazelnut Oil . 5) Technological advancements: Advancements in technology are helping to improve production processes and reduce wastage, thus propelling market growth
Scope Of The Report
Report Attributes
Report Details
Report Title
Hazelnut Oil Market Research Report
By Type
Roasted Hazelnut Oil, Cold Pressed Hazelnut Oil
By Application
Cosmetics, Foods, Others
By Companies
La Tourangelle, Edens Garden, LorAnn Oils, Nutiva, A L'Olivier, Maille, Base Formula, NHR Organic Oils, Mountain Rose, bioplanete
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Hazelnut Oil Market Report Segments:
The global Hazelnut Oil market is segmented on the basis of:
Types
Roasted Hazelnut Oil, Cold Pressed Hazelnut Oil
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cosmetics, Foods, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- La Tourangelle
- Edens Garden
- LorAnn Oils
- Nutiva
- A L'Olivier
- Maille
- Base Formula
- NHR Organic Oils
- Mountain Rose
- bioplanete
Highlights of The Hazelnut Oil Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Roasted Hazelnut Oil
- Cold Pressed Hazelnut Oil
- By Application:
- Cosmetics
- Foods
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hazelnut Oil Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hazelnut oil is a type of vegetable oil that is extracted from the nuts of hazel trees. It has a nutty, earthy flavor and can be used in cooking or as a skin care product.
Some of the key players operating in the hazelnut oil market are La Tourangelle, Edens Garden, LorAnn Oils, Nutiva, A L'Olivier, Maille, Base Formula, NHR Organic Oils, Mountain Rose, bioplanete.
The hazelnut oil market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hazelnut Oil Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hazelnut Oil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hazelnut Oil Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hazelnut Oil Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hazelnut Oil Market Size & Forecast, 2020-2028
4.5.1 Hazelnut Oil Market Size and Y-o-Y Growth
4.5.2 Hazelnut Oil Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Roasted Hazelnut Oil
5.2.2 Cold Pressed Hazelnut Oil
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Cosmetics
6.2.2 Foods
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hazelnut Oil Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hazelnut Oil Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Roasted Hazelnut Oil
9.6.2 Cold Pressed Hazelnut Oil
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Cosmetics
9.10.2 Foods
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Roasted Hazelnut Oil
10.6.2 Cold Pressed Hazelnut Oil
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Cosmetics
10.10.2 Foods
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Roasted Hazelnut Oil
11.6.2 Cold Pressed Hazelnut Oil
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Cosmetics
11.10.2 Foods
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Roasted Hazelnut Oil
12.6.2 Cold Pressed Hazelnut Oil
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Cosmetics
12.10.2 Foods
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Roasted Hazelnut Oil
13.6.2 Cold Pressed Hazelnut Oil
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Cosmetics
13.10.2 Foods
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hazelnut Oil Market: Competitive Dashboard
14.2 Global Hazelnut Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 La Tourangelle
14.3.2 Edens Garden
14.3.3 LorAnn Oils
14.3.4 Nutiva
14.3.5 A L'Olivier
14.3.6 Maille
14.3.7 Base Formula
14.3.8 NHR Organic Oils
14.3.9 Mountain Rose
14.3.10 bioplanete
