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What are the factors that drive hazelnut demand?

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Price Trend
Sep 15, 2021
Edited By
Jinwoo Cheon
Sep 15, 2021
Edited By
Jinwoo Cheon
One of the factors that increased the demand for hazelnut is its wide applications in food establishments and industries. The growth in the chocolate and confectionery industries in which nuts are used as raw materials also drives hazelnut demand.

The key end-users of the hazelnut market are individual consumers, food service establishments, and industries. Wide applications of hazelnuts have increased the demand for hazelnuts in the market, but bad weather conditions have affected the production of the hazelnuts in past few years. Shortage of hazelnuts has increased the price and affordability issues among the end-users. The increase in demand for candlenut is inseparable from the growth in the chocolate and confectionery industries because most of the nuts are used as raw materials for this industry.


Source:

Global Hazelnut Market 2017-2021: Impact of Increase in Average Unit Price on Consumption - Research and Markets

Mid-Term Impact of Climate Change on Hazelnut Yield

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