Latin America Hazelnut Market Size & Outlook, 2024-2030
The hazelnut market in Latin America is expected to reach a projected revenue of US$ 340.9 million by 2030. A compound annual growth rate of 8.4% is expected of Latin America hazelnut market from 2025 to 2030.
Revenue, 2024 (US$M)
$210.0
Forecast, 2030 (US$M)
$340.9
CAGR, 2025 - 2030
8.4%
Report Coverage
Latin America
Related Markets
Latin America hazelnut market highlights
- The Latin America hazelnut market generated a revenue of USD 210.0 million in 2024.
- The market is expected to grow at a CAGR of 8.4% from 2025 to 2030.
- In terms of segment, whole hazelnut was the largest revenue generating product in 2024.
- Whole Hazelnut is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 210.0 million |
| Market revenue in 2030 | USD 340.9 million |
| Growth rate | 8.4% (CAGR from 2024 to 2030) |
| Largest segment | Whole hazelnut |
| Fastest growing segment | Whole Hazelnut |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Whole Hazelnut, Hazelnut Paste, Hazelnut Oil |
Other key industry trends
- In terms of revenue, Latin America region accounted for 2.2% of the global hazelnut market in 2024.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,908.9 million by 2030.
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HazelNut Market Scope
Hazelnut market segmentation & scope
HazelNut Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Archer Daniels Midland Company | View profile | 1001-5000 | Chicago, Illinois, United States, North America | http://www.adm.com |
| Kanegrade | View profile | 101-250 | London, England, United Kingdom, Europe | http://www.kanegrade.com |
| Ferrero | View profile | 10001+ | Luxembourg, Luxembourg, Luxembourg, Europe | https://www.ferrero.com |
| OLAM International | View profile | 10001+ | Pudong, Shandong, China, Asia | http://olamgroup.com/ |
Latin America hazelnut market size, by country, 2018-2030 (US$M)
Latin America HazelNut Market Outlook Share, 2024 & 2030 (US$M)
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