Hazelnut Market Size Expected to Reach 13.7 Billion by 2032

The global hazelnut market is experiencing robust growth, buoyed by rising consumer demand across multiple sectors ranging from chocolate and confectionery to plant-based dairy alternatives and personal care. Valued at approximately US$ 8.8 billion in 2025, the hazelnut market is forecasted to expand to US$ 13.7 billion by 2032, reflecting a healthy compound annual growth rate (CAGR) of 6.5% between 2025 and 2032. This impressive growth is underpinned by diverse factors such as the surge in plant-based product consumption, increasing consumer preference for clean-label and organic ingredients, and the expanding footprint of hazelnuts in cosmetics and personal care products.