The global market value of production is one of the indicators of entering the market of any product. For hazelnut dark chocolate product, this market follows its own mechanisms and its rules depend on various things. In 2018, the total amount of hazelnuts consumed in the world was valued at US$0.52 billion, representing a compound annual growth rate (CAGR) of 10.1% for the period of analysis (2019-2024).
The production of hazelnuts is dominated by Turkey, which is expected to have a share of 67.1 percent of the world market, while its consumption share is predicted to be 52.3 percent. Due to the rising demand for hazelnuts from the chocolate industries of Europe, Europe is predicted to achieve the highest CAGR of 7.6 percent during the projection period. This is expected to be the region that consumes the most hazelnuts. It is anticipated that the market would expand over the period of forecasting due to the rising demand from customers and the numerous positive effects on health. The fact that eating hazelnuts can reduce levels of LDL cholesterol (the "bad" cholesterol) while simultaneously raising levels of HDL cholesterol (the "good" cholesterol) is driving up demand for hazelnuts. The majority of baked goods in Australia, such cakes, muffins, chocolate dishes, praline, or pastries, call for the use of hazelnuts as an ingredient. It was announced in May 2018 that Buhler, the largest provider of nut processing technology in the world, had expanded into the market for natural hazelnuts. This expansion occurred in conjunction with the Turkish launch of Buhler's innovative combination of sorting technologies, which ultimately led to natural hazelnut processing systems.
Hazelnut brand and production factories
High Demand in the hazelnut Chocolate Industry
High demand in economic affairs is one of the pillars of economic affairs, and this is also true in the hazelnut white chocolate industry. Chocolate producers are re-introducing their hallmark goods with product lines that feature hazelnuts. This trend is emerging as an innovation in taste in the worldwide confectionery industry. In 2018, Lindt introduced onto the market in the United Kingdom a chocolate spread that is comprised of forty percent hazelnut. Even though the spread was first introduced in the United Kingdom, there is a good chance that it will be made accessible in other nations in Europe. It is anticipated that the M&M'S Hazelnut Spread Chocolate Candies will be sold in stores throughout the globe in April 2019, and the candies will include a center made of hazelnut spread that is wrapped in delectable milk chocolate. There have been heists of Nutella, there is now a Globe Nutella Day, and there are even Nutella bars popping up all across the United States. Nutella has become a gastronomic craze all over the world. The ever-increasing popularity of Nutella has resulted in a rise in the demand for hazelnut from sectors that cater to the ever-increasing demand of consumers all over the world. Chocolatiers are also re-launching their goods during festive seasons, with a blend of traditional and western styles. In general, premium nuts are being included into chocolates, which is raising the demand for hazelnuts in the market located in Asia and the Pacific.
Italy - The Largest Hazelnut Consuming Country in the World
It is known that Italy is the largest hazelnut powder consumer in the world. The consumption of hazelnuts in Italy reached USD 42,3278 thousand in 2018, representing a compound annual growth rate (CAGR) of 10% during the time of the prediction. In 2018, the total amount of hazelnuts consumed in Italy was 157,726 metric tons, and it is anticipated that over the course of the projected year, it would record a compound annual growth rate (CAGR) of 8%. According to the findings of the study, the nation's output meets 89.7 percent of the domestic demand currently existing inside the country. The nation is reliant on imports in order to meet the remaining portion of the demand for its goods. Italy, which is one of the nations that produces hazelnuts, is one of the top five countries in the world in terms of its consumption of hazel nuts, with a per capita consumption of 0.520-kilogram kernel per person. Additionally, Piedmont is one of the most important hazelnut-producing regions in Italy, accounting for 15% of the country's total output. This area is comprised of a number of additional distinct subregions, each of which has a production level of around 20,000 metric tons.
Some of the most important indigenous cultivars in Italy include the Tonda di Giffoni in the region of Latium, the Tonda Rossa in the region of Campania, and the Tonda Gentile delle Langhe in the region of Piemonte, and the Santa Maria de Jesu in the region of Sicily.
Hazelnut import and export company
Hazelnut production
The world's largest hazelnut production is in Turkey. Turkey's soil and temperature are ideal for cultivating this nut, which is actually a drupe. Hazelnuts may be consumed either raw or roasted, and because of their intense sweetness, they go well with chocolate and other sweets. The Turkish government values the hazelnut crop, which is why it is known as "green gold" there. Hazelnuts were originally grown in Turkey around the year 2838 BC. At the time, it was believed that hazelnuts could be grown in Anatolia. where hazelnut and walnut trees first spread around the world, as well as the origin of hazelnut cultivation. It migrated to Greece, Italy, and other nations. More hazelnuts are produced in the villages of Separd, Tamel, Yazen, Narne, and... in Ashkurt Ramsar in Iran, and they are more readily available commercially in Turkey, Italy, Greece, Georgia, the southern region of the Spanish state of Catalonia, Kent County in England, as well as in the state of Washington and the United States. Turkey is the biggest grower of this fruit in the world, producing 75% of the hazelnuts consumed worldwide. The major producer of hazelnuts in Iran is Ashkorat Rahim Abad Rudsar, which is often referred to as the country's hazelnut capital. The globe produces 700,000 tons, with Catalonia serving as the primary cultural region and Spain coming in third. Spain is a hazelnut exporting nation at its core. However, owing to irregularities, it has been done from Turkey for the previous few years. It has recently been viewed as a form of competition against investment. It was believed to have reached 420.000 tons in 2000/01, as opposed to Spain's exports of 14,000 tons. The primary destinations are France, Austria, Germany, Switzerland, Czechoslovakia, and Denmark. It is also fairly prevalent.
The area under hazelnut cultivation
Here we refer to the areas under hazelnut cultivation. According to the data provided by the World Agriculture and Food Organization, the total amount of land dedicated to hazelnut production around the globe in 1997 was 461340 hectares. This represents an increase of approximately one percent in comparison to the previous year's total. In this time frame, the amount of cultivated land reached its lowest point in 1992 with 424,782 hectares, and it reached its maximum point in 1995 with 463,119 hectares. The total amount of land used for growing hazelnuts across the world was 452,403 hectares in the year that the study began (the base year), and it increased to 461,340 hectares that year, representing a growth of 2%. Turkey, which has a total of 327,000 hectares of land devoted to hazelnut cultivation, is now in first place among all of the nations of the globe. This gives Turkey a share of 71 percent of the total area devoted to hazelnut cultivation in the world. After that, the countries of Italy (with 69 thousand), Spain (with 29 thousand), and the United States of America (with 11 thousand) take the second, third, and fourth spots, respectively. Iran comes in fifth place in terms of the total area that is dedicated to the cultivation of hazelnuts around the world, with 9660 hectares of land that is dedicated to the cultivation of hazelnuts. This represents 1.2 percent of all the land that is dedicated to the cultivation of hazelnuts around the world.
Hazelnut marketing board
In 1949, those involved in the cultivation and processing of hazelnuts came together to form the Hazelnut Marketing Board (HMB). It is paid by a per-ton fee that is levied on the handlers and is administered by the Federal Hazelnut Marketing Order 982. The HMB serves four different purposes, which are as follows: First, it sets quality standards for the industry; all product going into a channel of trade must be inspected. In addition, every product that is imported into the United States must be up to U.S. requirements. Second, it is the primary source of data for the United States hazelnut industry. Thirdly, it offers financial support for the research, teaching, and marketing activities that are geared toward the promotion of hazelnuts. The fourth benefit is that it gives operators the ability to apply volume control when the board believes that doing so is in the industry's best interest. Four handlers, five growers from a variety of geographical locations, and one member from the general public make up the membership. The Hazelnut Marketing Board is looking for people from a variety of different life experiences to fill up its committees. Their goal is to maintain the democratic nature of the system by nominating candidates from a variety of geographic locations. Additionally, they want to ensure that all growers and handlers have an equal opportunity to participate, regardless of factors like as ethnicity, gender, or physical ability. The tenure of office for board members are for two years.
2022 marketing board election
The Hazelnut Marketing Board (HMB) organizes elections for grower board members every even-numbered year, at 2022. If you would like to join the Hazelnut Marketing Board and are a grower, an official, or an employee of a grower, kindly send your application together with the 10 signatures from growers in your area. A grower may only sign one application in favor of a candidate. The Hazelnut Marketing Board is composed of five grower representatives (one from each district), a public member, four handlers (the three largest plus one at-large handler), and an alternate for each seat. One to three times a year, the board convenes. All matters addressed by USDA Marketing Order 982 must be handled by members. Voting for the candidate from their region will be open to all producers who have harvested hazelnuts in the previous two years. The posts will be formally recognized by the USDA in June. The USDA promotes variety and regularly tracks any changes in diversity following each election. The leadership of the industry wants to make sure that all farmers have the chance to serve if they so want. The results of the Hazelnut Marketing Board's annual Subjective Yield Survey point to a favorable crop in 2022. The poll predicts a harvest of about 59,000 tons, which would be a record production for hazelnut producers in Oregon. The Hazelnut Marketing Board is adamant that the Subjective Yield Survey is not a precise science but rather merely an estimate. The yearly survey's findings should be taken as an estimate rather than a promise. The Subjective Yield Survey was given to hazelnut growers in the middle of July. According on how hazelnut trees were doing at the time of the study, producers were asked to forecast what the expected harvest will be. 800 survey cards were distributed to nut producers, and 204 of them were returned and eligible for the study.
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