Hazelnut Shell Market Size, Share & Growth | Forecast [2031]
Hazelnut Shell Market Size, Share & Growth | Forecast [2031]
Segments - Global Hazelnut Shell Powders Market By Applications (Bio gas, Agriculture, Food & Feed Ingredient, Construction, and Others), Packaging (Vacuum Box, Bags, Pouches, and Others), Distribution Channel (Online and Offline), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 - 2031
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| Report ID :MC-3857
| 4.3 Rating
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| 195 Pages
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Report Description
Global Hazelnut Shell Powders Market Outlook 2031:
The global Hazelnut Shell Powders market size was valued at USD 2.43 Billion in 2022 and is expected to reach USD 5.28 Billion by 2031 projected to expand at a CAGR of 9% during the forecast period, 2023 – 2031. Rising demand of hazelnut shell powders for renewable energy sources is expected to fuel the market in the coming years.
Hazelnuts are one of the most popular nuts, but their production generates a lot of waste, particularly shells, which may be upcycled into much more valuable items. Recent research has discovered that hazelnut shell hemicellulose is notably high in chemicals that are probable precursors of xylooligosaccharides (XOS) and arabino-xylooligosaccharides ((A)XOS), previously defined as emerging prebiotics with significant health benefits.
Hazelnut Shell Powders Market Trends, Drivers, Restraints, and Opportunities:
- Increasing uses in biogas generation as alternative energy sources is expected to boost the market during the forecast period.
- Growing application in automotive industry in developing shell based brake pads is estimated to propel the market in the coming years.
- Lack of awareness and high cost involved in hazelnut extraction is one of the restraining factors hindering the market growth in the coming years.
- Rising adoption of hazelnut shell powders as fillers for manufacturing epoxy-based composites is anticipated to create a lucrative market opportunity during the forecast period.
- Increasing adoption of bio-additives for building materials as an alternative to non-natural materials offer the advantage of being recyclable, safe and environment friendly is estimated to offer a good market opportunity in the coming years.
Scope of Hazelnut Shell Powders Market report:
The report on the global hazelnut shell powders market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
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Attributes |
Details |
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Report Title |
Hazelnut Shell Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
By Applications (Bio gas, Agriculture, Food & Feed Ingredient, Construction, and Others), Packaging (Vacuum Box, Bags, Pouches, and Others), Distribution Channel (Online and Offline) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
PoyrazPoyraz, F?nd?kEntegre San. Tic. A.?., URAK FINDIK Ferrero, ADM, Olam International, BALSU, Kanegrade Ltd., GPR , Northwest Hazelnut Company, Nuts L, GürsoyTar?msalÜrünler G?da San, Boxon food, Karin Gida, Fruits of Turkey, BATA FOOD, Ayd?n Kuruyemi?SanayiiveTicaret A.?., and Özgün G?da SanayiveTicaret Limitet. |
Hazelnut Shell Powders Market Segment Insights:
The bio gas segment to grow during the anticipated period
In terms of applications, the global hazelnut shell powders market is segmented into bio gas, agriculture, food & feed ingredient, construction, and others. The bio gas segment is expected to grow at a rapid pace during the anticipated period. Hazelnut shells are produced in vast quantities during the processing of hazelnuts.
It is currently employed as a source of energy. The world's natural energy resources have been unable to meet rising energy demands in recent years. Renewable energy is becoming increasingly important in Turkey and around the world. Biogas energy is one of the renewable energy sources.
The biogas potential of Giresun, often known as a coastal city, has been calculated experimentally using two different organic wastes. Hazelnut shells (HS) and hazelnut wastes are included in the computation (HW)
The vacuum box segment estimated to grow in the near future
Based on packaging, the global hazelnut shell powders market is categorized as vacuum box, bags, pouches, and others. The vacuum box segment is estimated to grow in the near future due to its several advantages such as increased product life, reduced weight loss due to evaporation management, contamination prevention, color preservation, and superior eating properties due to the longer ageing time available in vacuum bags.
Hazelnut shell powders benefit from vacuum packaging since it extends their shelf life. Vacuum packaging can keep the product fresh for up to 3-5 times longer than regular storage. It limits the growth cycle and expansion of aerobic bacteria, mold, and fungus by removing oxygen from the environment.
The online segment is likely hold a substantial market share in the coming years
On the basis of distribution channels, the global hazelnut shell powders market is divided into online and offline. The online segment is likely hold a substantial market share in the coming years.
Emergence of e-commerce website is become easier to the manufacturer to reach its customer more effectively and efficiently. Furthermore, the efficient supply chain management makes hazelnut shell powders available every part of the regions for further use.
Middle East & Africa dominates the global market
In terms of regions, the global hazelnut shell powders market is split into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Middle East & Africa is expected to dominate the global market due to large production of hazelnut in the region. Various companies are joining the market with innovative items in response to the increased demand for the commodity.
Bühler, the world's largest producer of nut processing technology, stated in 2018 that it had entered the natural hazelnut market with the debut of its breakthrough mix of sorting technologies, which led to natural hazelnut processing systems, in Turkey.
Segments
By Application
- Bio gas
- Agriculture
- Food & Feed Ingredient
- Construction
- Others
By Packaging
- Vacuum Box
- Bags
- Pouches
- Others
By Distribution Channel
- Online
- Offline
By Regions
- North America
- Europe
- Latin America
- Asia Pacific
- Middle East & Africa
By Key Players
- PoyrazPoyraz
- FındıkEntegre San. Tic. A.Ş
- URAK FINDIK Ferrero
- ADM
- Olam International
- BALSU
- Kanegrade Ltd
- GPR
- Northwest Hazelnut Company
- Nuts L
- GürsoyTarımsalÜrünler Gıda San
- Boxon food
- Karin Gida
- Fruits of Turkey
- BATA FOOD
- Aydın KuruyemişSanayiiveTicaret A.Ş
- Özgün Gıda SanayiveTicaret Limitet.
Competitive Landscape
Key players in the global hazelnut shell powders market include PoyrazPoyraz, FındıkEntegre San. Tic. A.Ş., URAK FINDIK Ferrero, ADM, Olam International, BALSU, Kanegrade Ltd., GPR , Northwest Hazelnut Company, Nuts L, GürsoyTarımsalÜrünler Gıda San, Boxon food, Karin Gida, Fruits of Turkey, BATA FOOD, Aydın KuruyemişSanayiiveTicaret A.Ş., and Özgün Gıda SanayiveTicaret Limitet. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Hazelnut Shell Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hazelnut Shell Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hazelnut Shell Market - Supply Chain
4.5. Global Hazelnut Shell Market Forecast
4.5.1. Hazelnut Shell Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hazelnut Shell Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Hazelnut Shell Market Absolute $ Opportunity
5. Global Hazelnut Shell Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Hazelnut Shell Market Size and Volume Forecast by Applications
5.3.1. Bio gas
5.3.2. Agriculture
5.3.3. Food & Feed Ingredient
5.3.4. Construction
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Hazelnut Shell Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Hazelnut Shell Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Hazelnut Shell Demand Share Forecast, 2019-2026
7. North America Hazelnut Shell Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Hazelnut Shell Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Hazelnut Shell Market Size and Volume Forecast by Applications
7.4.1. Bio gas
7.4.2. Agriculture
7.4.3. Food & Feed Ingredient
7.4.4. Construction
7.4.5. Others
7.5. Basis Point Share (BPS) Analysis by Applications
7.6. Y-o-Y Growth Projections by Applications
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Hazelnut Shell Demand Share Forecast, 2019-2026
8. Latin America Hazelnut Shell Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Hazelnut Shell Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Hazelnut Shell Market Size and Volume Forecast by Applications
8.4.1. Bio gas
8.4.2. Agriculture
8.4.3. Food & Feed Ingredient
8.4.4. Construction
8.4.5. Others
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Hazelnut Shell Demand Share Forecast, 2019-2026
9. Europe Hazelnut Shell Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Hazelnut Shell Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Hazelnut Shell Market Size and Volume Forecast by Applications
9.4.1. Bio gas
9.4.2. Agriculture
9.4.3. Food & Feed Ingredient
9.4.4. Construction
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Hazelnut Shell Demand Share Forecast, 2019-2026
10. Asia Pacific Hazelnut Shell Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Hazelnut Shell Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Hazelnut Shell Market Size and Volume Forecast by Applications
10.4.1. Bio gas
10.4.2. Agriculture
10.4.3. Food & Feed Ingredient
10.4.4. Construction
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Hazelnut Shell Demand Share Forecast, 2019-2026
11. Middle East & Africa Hazelnut Shell Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Hazelnut Shell Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Hazelnut Shell Market Size and Volume Forecast by Applications
11.4.1. Bio gas
11.4.2. Agriculture
11.4.3. Food & Feed Ingredient
11.4.4. Construction
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Hazelnut Shell Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Hazelnut Shell Market: Market Share Analysis
12.2. Hazelnut Shell Distributors and Customers
12.3. Hazelnut Shell Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. PoyrazPoyraz
12.4.2. FındıkEntegre San. Tic. A.Ş
12.4.3. URAK FINDIK Ferrero
12.4.4. ADM
12.4.5. Olam International
12.4.6. BALSU
12.4.7. Kanegrade Ltd
12.4.8. GPR
12.4.9. Northwest Hazelnut Company
12.4.10. Nuts L
12.4.11. GürsoyTarımsalÜrünler Gıda San
12.4.12. Boxon food
12.4.13. Karin Gida
12.4.14. Fruits of Turkey
12.4.15. BATA FOOD
12.4.16. Aydın KuruyemişSanayiiveTicaret A.Ş
12.4.17. Özgün Gıda SanayiveTicaret Limitet.
Methodology
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