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.
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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 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.
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.
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