Stay updated with breaking news from Frangelico colada. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Hazelnut Market Sales Revenue to Significantly Increase in the Next Few Years – KSU ksusentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ksusentinel.com Daily Mail and Mail on Sunday newspapers.
Sales of Hazelnut Market to be Significantly Influenced by Rising Consumer Adoption -Persistence Market Research atulpmrMay 13, 2021 4 Global hazelnut market has experienced significant growth over the recent past, which will continue at a promising pace in the following years. The approximately US$ 6 Bn market for hazelnut is set to exhibit a healthy 5% CAGR during 2019 – 2029. As indicated by a new research study of Persistence Market Research (PMR), over 80% of hazelnut consumption is accounted by the confectionary sector that uses it as a base or side ingredient. Bakery and confectionery collectively accounted for over 80% of hazelnut consumption in 2018. Confectioners in particular have been extensively using hazelnut in chocolates, candies, cookies, cakes, and pastries, which would be a strong factor upholding hazelnut consumption at a global level. Retail industry is projected for a solid growth outlook, and traditional conf ....