Tridge summary
The global hazelnut market is projected to remain stable and not overcrowded for the next 10-15 years, potentially extending until 2050. This is due to steady demand and production, making hazelnuts a reliable crop for agricultural expansion. Hazelnuts have the advantage of being widely used in confectionery products and can be sold quickly at a relatively stable world price range of $2-3.5.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The global hazelnut market is not overcrowded and will be guaranteed to remain so for another 10-15 years, and given the growth of the global population, this period may extend until 2050. This is stated in the material of the magazine "Gardening in Ukrainian". Accordingly, the price of hazelnuts will remain stable, as will its production. Therefore, for example, an unlimited amount of products can be grown for processing. "The advantage of hazelnuts is that they are widely used in confectionery products, and even for a horticultural enterprise, a small production of sweets can become a business expansion," said Yevhen Leiter, chief agronomist of the hazelnut garden of Hals Agro Corporation. - ...
Source: Agrotimes
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