Market Outlook

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.

Want to know the obstructions to your company’s growth in future? Request a brochure here

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
  • Nutraceuticals
  • 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.

Looking for exclusive market insights from business experts? Request a Custom Report here.

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.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the 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.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.


Hazelnut Skin Powder Market

Pre Book