Hazelnut
oil market Introduction:
Hazelnut
oil is extracted from hazelnuts also known as Cobnut or fiber nut.
Hazelnut oil is pale yellow, and it is a carrier oil used for
diluting essential oils. Hazelnut oil has the nutty taste, and it is
slightly sweet in nature which makes it useful for flavoring baked
goods and some sauces. Hazelnut oil works great as a marinade. It can
be added to mildly flavored oils and used as a base for decorating
salads. It is use in cosmetics and personal care items which is
expected to increase its demand in the near future. Hazelnut oil is
expensive, and it is usually found in epicure shops, although some
supermarkets may have a supply.
Request
to view Sample Report:
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=30578
Hazelnut
oil market Segmentation:
Hazelnut
oil market can be segmented on the basis of types, end users and
sales channel.
On
the basis of type global hazelnut oil market is segmented into
Roasted hazelnut oil, and Cold pressed hazelnut oil. Cold-pressed
hazelnut oil does not harm the flavor or the nutrition of the oil.
Hazelnut oil can be refined, which means the roasted hazelnuts are
hard-pressed twice with the second extraction completed through a
chemical refining followed by filtering the oil. Hazelnut oil
extracted from roasted hazelnut has less flavor and low nutrient
value.
On
the basis of end-user hazelnut oil market can be segmented into
personal care and cosmetics, food, pharmacy, industrial and others.
Personal care and cosmetics segment is further sub segmented as skin
care, and hair care. Among all the end-use segment personal care and
cosmetic segment is expected to have a major market share in terms of
value. Increasing usage of hazel nut oil as a natural ingredient in
various cosmetics and personal care product is expected to support
the segment growth during the forecast period.
Global
hazelnut oil market is further segmented on the basis of sales
channel, which includes direct and indirect sales channel. Indirect
sales channel is further sub-segmented as modern trade, pharmacy
stores, specialty stores and e-retailers. Among all these sub-segment
e-retailers is expected to represent substantial growth in the global
hazelnut oil market. Increasing internet penetration coupled with
rising consumer influence towards online purchase is expected to
support the e-retailers growth during the forecast period.
Buy
this Report at:
https://www.transparencymarketresearch.com/checkout.php?rep_id=30578<ype=S
Hazelnut
oil market Regional Outlook:
Globally,
Middle East Africa is one of the largest producer of hazelnut.
However, in terms of hazelnut oil consumption Western Europe is
expected to represent major market share followed by North America.
Increasing demand of personal care products containing natural oil is
expected to support the market across North America region. In
addition hazelnut oil market in Asia Pacific is expected to represent
favorable growth in terms of value over the forecast period.
Hazelnut
oil market Drivers and Restraints
Hazelnut
oil is used in skin nourishment known as aromatherapy which is
supporting the market growth. Its nutty taste and sweet aroma helps
in flavoring baked goods and decorating salads. Use of hazelnut in
the preparation of soaps, lotions, creams, oils and health care
products is expected to increase the growth of hazelnut oil market
efficiently. Use of hazelnut oil for polishing silverware and copper
is further expected to drive the market growth. However, hazelnut oil
quite expensive due to less availability of raw material. Moreover,
the shelf life of oil is about a year if stored away from exposure to
direct sunlight. Thus these factors are collectively expected to
restrain hazelnut oil market over the forecast period.
Hazelnut
oil market Key Players:
Some
of the key players of hazelnut oil market are Edens Garden, Perles de
Gascogne, A L’Olivier, Base Formula, La Tourangelle, Corilanga, NHR
Organic Oils, Maille, Mountain Rose, and LorAnn Oils.
No comments:
Post a Comment