Hazelnut, also known as cobnut or filber nuts, is best known for its use in food and beverage industry, health and personal care industry, cosmetics industry, and nutraceuticals industry because it is rich in proteins, is a good source of antioxidants, can lower down LDL Cholesterol and it is also a skin conditioning agent. However, these days, research and development is going on and hazelnut skin powder has drawn attention of many manufacturers. Hazelnut skin powder is derived from Hazelnut skin by high shear homogenization. It is anticipated to be a useful product as Hazelnut skin is rich in dietary fibers and is therefore used in nutraceuticals, is rich in proteins, is also a good source of antioxidants, is used as functional foods ingredient and as a natural colorant. Hazelnut skin powder is at the R&D stage till now and research is still going on. It has a vast opportunity to grow and is anticipated to bring in fruitful innovations and products in the market that will be high in nutritional value, comparatively cheaper than the conventional hazelnut products, will be gluten-free, provide health benefits, prevent various diseases and will be helpful in enhancing the appearance of dry and damaged skin. Various benefits that hazelnut skin has, is anticipated to drive Hazelnut skin powder market.
Industrialization and Healthcare Awareness: Potential Drivers for Hazelnut Skin Powder Market
As people are getting more health conscious these days, Hazelnut skin powder market could be escalated as hazelnut skin is rich in dietary fibers and antioxidants, So, Hazelnut skin powder could be used in dietary supplements and functional foods. Functional foods and processed foods are also in trend nowadays as they provide various health benefits and have a long shelf life. This could serve as one of the drivers for hazelnut skin powder market. Hazelnut is native to U.S., and Europe also holds the majority of Hazelnut plantations. As health care awareness in Europe and U.S.A is increasing, it is expected to fuel Hazelnut skin powder market. In addition to this, Food Industry is well established in the U.S.A and companies are introducing reforms and innovative products to the public. This can further serve as a driver for hazelnut skin powder market. Hazelnut skin powder market has a tremendous potential to prosper due the properties that Hazelnut’s skin possess.
Hazelnut’s production first started in Asia and it serves as one of the major producers of Hazelnut in the world. As food industry is proliferating in Asia Pacific region, and bakery and confectionary products are also in a high demand, hazelnut skin powder could find its use as Hazelnuts are enormously used in processed foods, functional foods and bakery products.
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Hazelnut Skin Powder Market: Segmentation
Hazelnut skin powder market can be segmented on the basis of types of Hazelnut and end use.
On the basis of types, hazelnut skin powder market can be segmented as:
- Corylus Avellana Racemosa Lam
- Corylus Avellana Glandulosa Lin
- Corylus Avellana Máxima Lam
On the basis of end use, hazelnut skin powder market can be segmented as
- Food and Beverage Industry
- Personal Care and Cosmetics
Hazelnut Skin Powder Market: Key Players
Since hazelnut skin powder is at R&D stage till now, no companies are engaged in its manufacturing. But, as the research on hazelnut skin powder progresses, it is anticipated that the demand for hazelnut skin powder market will escalate.
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Opportunities for Market Participants:
Hazelnut skin powder has a vast potential to grow, Firstly, because hazelnut skin is rich in antioxidants and dietary fibers and secondly because of the rising health awareness and growing food industry. But, Hazelnut skin is a by-product of Hazelnut and it is not as widely processed and used as Hazelnuts. Key players and manufacturers should recognize this as an opportunity and consider the advantages and benefits that hazelnut skin offers and introduce products say hazelnut skin powder that will benefit both the market and the public.
The hazelnut skin power market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the emulsified shortenings market, including but not limited to: regional markets, packaging, and distribution channel.
The study is a source of reliable data on:
- Hazelnut skin powder market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The hazelnut skin powder market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases).
The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the emulsified shortenings market report projects the attractiveness of each major segment over the forecast period.
Highlights of the Emulsified Shortenings market report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in hazelnut skin powder market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of hazelnut skin powder market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the hazelnut skin powder market
- Recommendations to companies for strengthening their foothold in the emulsified shortenings market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.