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sales of hazelnut milk By 2032, hazelnut milk sales are expected to reach $195.2 million, expanding at a consistent 10% yearly rate. This milk, made from the Corylus plant, comes in a variety of forms—hazelnuts in their whole, sliced, chunked, or powdered forms.

A number of factors, such as consumer health consciousness, lactose intolerance or problems with dairy digestion, a preference for plant-based diets, and emerging research and development to find newer product portfolios that offer additional nutritional benefits, can be attributed to the growing popularity of non-dairy milk product substitutes.

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Growing concerns about weight management, a focus on weight loss and maintenance, heart disease, anemia, cancer, and allergies to dairy-based products, aiding in the treatment of iron deficiency anemia, and the importance of blood sugar spike control are some of the factors that have contributed to market enforcement.

Key Takeaways from Market Study

Italy is the world’s second-largest producer and consumer of hazelnuts. An estimated 90% of the hazelnuts produced in the country are sold to processing companies, with the remaining 10% consumed fresh.
The U.S. is expected to grow at a CAGR of 7.7% from 2020 to 2032, owing to a strong consumer preference for non-dairy or cereal products.
“The growing reach and promotion of plant-based or cereal alternatives to traditional dairy products, particularly beverages, but also cultured products such as ice cream, yogurt, creamers, frozen desserts, and cheese, has fueled hazelnut milk market demand,” says a lead analyst at Future Market Insights.

Who is Winning?

The Hazelnut Milk Market industry provides numerous opportunities for small manufacturers and startups to develop cost-effective solutions for the production of Hazelnut Milk products. The demand from automobile manufacturers is constantly increasing, which may encourage several startups to

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Future Market Insights, in its new offering, provides an unbiased analysis of hazelnut milk presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

Hazelnut Milk Market by Category

By Form, Hazelnut Milk Market is Segmented as:

Powder
Liquid
By Sales Channel, Hazelnut Milk Market is Segmented as:

Supermarket
Hypermarket
Online Retails
Others
By End-User, Hazelnut Milk Market is Segmented as:

Food & Beverages
Nutraceuticals & Baby Food
Personal Care
Pharmaceuticals
Others