Hazelnut Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

The global hazelnut market is experiencing remarkable growth, with worldwide sales valued at US$ 7.92 billion in 2024. It is anticipated that the market will continue its expansion, reaching an estimated US$ 12.8 billion by the end of 2031, driven by a projected growth during 2024-2031. The market's growth is attributed to increasing consumer demand for healthy ingredients and significant investments in hazelnut production. Several key trends are shaping the hazelnut market.

Key Trends in the Market for Hazelnut

Hazelnut Usage in Broader Application Areas: Traditionally consumed as a snack in the U.S., hazelnuts are now finding their way into various industries, including cosmetics and pharmacy. Companies like La Tourangelle and Henry Lamotte Oils GmbH are introducing hazelnut oil product lines, promoting the benefits of hazelnut oil in cosmetics. Global beverage industry giant Davide Campari-Milano S.p.A. has re-launched Frangelico, a hazelnut-incorporated herb-flavored liqueur, which has gained popularity in Canada.

Confectioners Demand Hazelnut for Healthy Products: Developing countries such as India and China have a rich tradition of incorporating nuts into their dishes. As consumers in these countries relate nuts to health and wellness, chocolate manufacturers are introducing hazelnut-incorporated signature product lines. This innovation is enhancing the taste of confectionery products and catering to a wider range of consumers.

Acceptance of Chocolates and Modern Confectioneries in Festivals: India and China, with their rich cultural heritage of nut consumption, are increasingly embracing ready-to-eat foods and packaged meals due to rising disposable incomes and westernization of eating habits. Hazelnuts have traditionally been a star ingredient in festive dishes, especially sweets. Chocolatiers are capitalizing on this trend by re-launching products during festive seasons, incorporating luxury nuts into chocolates.

Alternative Products Used Preferentially Due to Lower Price Points: Hazelnut production requires specific climatic conditions, limiting its availability compared to other nuts like almonds, pecans, cashews, walnuts, and pistachios. Almonds, cashews, and pistachios have larger production volumes than hazelnuts. Hazelnuts are perceived more as a flavor nut and a luxury food rather than a dietary necessity. Many confectioners have experimented by replacing hazelnuts with other nuts in their bestsellers without a significant impact on their business.

Country-wise Insights

Sales of Hazelnuts in the European Market: Europe and North America dominate the global hazelnut market, with Europe being the leading consumer in 2024 due to rising demand from the chocolate and bakery industry.
Consumption Growth Rate of Hazelnuts in East Asia: East Asia is expected to witness high growth during the forecast period, driven by increased hazelnut imports and shifting consumer preferences for cosmetic products containing natural ingredients, as well as beverages with hazelnut flavor.

Competitive Analysis

Companies in the hazelnut market are expanding their product portfolios to target specific consumer segments by introducing various products featuring hazelnuts as a key ingredient. Suppliers are establishing long-term contracts with hazelnut producers to mitigate end-product costs and reduce margin pressures throughout the value chain.

Collaborative joint ventures between hazelnut producers and end-users are expected to enhance the product development process and ensure long-term success for all participants in the value chain. Leading confectionery players are entering the hazelnut manufacturing market to secure a stable supply of hazelnuts for their signature products and expand their retail offerings.

Key Companies Profiled

Olam International
Ferrero International S.A.
Barry Callebaut AG
Kanegrade Limited
Arslanturk
Karimex
Oregon Hazelnuts
Durak Findik
Geonuts Limited
Gursoy Tarimsal Urunler Gida Sanayii Ve Ticaret A.S.

Hazelnut Industry Research by Category

By Form:

Raw
Processed
Oil

By Application:

Food and Beverage

Confectionery

Bakery

Frozen Desserts

Coffee

Liquors

Others

Cosmetics & Personal Care
Retail/Household

By Distribution Channel:

Business to Business
Business to Consumer

Hypermarket/Supermarket

Specialty Stores

Online Retails

By Region:

North America
Latin America
Europe
South Asia & Pacific
East Asia
Middle East & Africa

1. Executive Summary

1.1. Global Hazelnut Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global Hazelnut Market Outlook, 2018 - 2031

3.1. Global Hazelnut Market Outlook, by Form, Value (US$ Bn) and Volume, 2018 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Raw
  - 3.1.1.2. Processed
  - 3.1.1.3. Oil
3.2. Global Hazelnut Market Outlook, by Application, Value (US$ Bn) and Volume, 2018 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. Food and Beverage
    - 3.2.1.1.1. Confectionery
    - 3.2.1.1.2. Bakery
    - 3.2.1.1.3. Frozen Desserts
    - 3.2.1.1.4. Coffee
    - 3.2.1.1.5. Liquors
    - 3.2.1.1.6. Others
  - 3.2.1.2. Cosmetics & Personal Care
  - 3.2.1.3. Retail/Household
3.3. Global Hazelnut Market Outlook, by Distribution Channel, Value (US$ Bn) and Volume, 2018 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. Business to Business
  - 3.3.1.2. Business to Consumer
    - 3.3.1.2.1. Hypermarket/Supermarket
    - 3.3.1.2.2. Specialty Stores
    - 3.3.1.2.3. Online Retails
3.4. Global Hazelnut Market Outlook, by Region, Value (US$ Bn) and Volume, 2018 - 2031
- 3.4.1. Key Highlights
  - 3.4.1.1. North America
  - 3.4.1.2. Europe
  - 3.4.1.3. Asia Pacific
  - 3.4.1.4. Latin America
  - 3.4.1.5. Middle East & Africa

4. North America Hazelnut Market Outlook, 2018 - 2031

4.1. North America Hazelnut Market Outlook, by Form, Value (US$ Bn) and Volume, 2018 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Raw
  - 4.1.1.2. Processed
  - 4.1.1.3. Oil
4.2. North America Hazelnut Market Outlook, by Application, Value (US$ Bn) and Volume, 2018 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Food and Beverage
    - 4.2.1.1.1. Confectionery
    - 4.2.1.1.2. Bakery
    - 4.2.1.1.3. Frozen Desserts
    - 4.2.1.1.4. Coffee
    - 4.2.1.1.5. Liquors
    - 4.2.1.1.6. Others
  - 4.2.1.2. Cosmetics & Personal Care
  - 4.2.1.3. Retail/Household
4.3. North America Hazelnut Market Outlook, by Distribution Channel, Value (US$ Bn) and Volume, 2018 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. Business to Business
  - 4.3.1.2. Business to Consumer
    - 4.3.1.2.1. Hypermarket/Supermarket
    - 4.3.1.2.2. Specialty Stores
    - 4.3.1.2.3. Online Retails
- 4.3.2. BPS Analysis/Market Attractiveness Analysis
4.4. North America Hazelnut Market Outlook, by Country, Value (US$ Bn) and Volume, 2018 - 2031
- 4.4.1. Key Highlights
  - 4.4.1.1. U.S. Hazelnut Market by Form, Value (US$ Bn) and Volume, 2018 - 2031
  - 4.4.1.2. U.S. Hazelnut Market by Application, Value (US$ Bn) and Volume, 2018 - 2031
  - 4.4.1.3. U.S. Hazelnut Market by Distribution Channel, Value (US$ Bn) and Volume, 2018 - 2031
  - 4.4.1.4. Canada Hazelnut Market by Form, Value (US$ Bn) and Volume, 2018 - 2031
  - 4.4.1.5. Canada Hazelnut Market by Application, Value (US$ Bn) and Volume, 2018 - 2031
  - 4.4.1.6. Canada Hazelnut Market by Distribution Channel, Value (US$ Bn) and Volume, 2018 - 2031
- 4.4.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Hazelnut Market Outlook, 2018 - 2031

5.1. Europe Hazelnut Market Outlook, by Form, Value (US$ Bn) and Volume, 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Raw
  - 5.1.1.2. Processed
  - 5.1.1.3. Oil
5.2. Europe Hazelnut Market Outlook, by Application, Value (US$ Bn) and Volume, 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Food and Beverage
    - 5.2.1.1.1. Confectionery
    - 5.2.1.1.2. Bakery
    - 5.2.1.1.3. Frozen Desserts
    - 5.2.1.1.4. Coffee
    - 5.2.1.1.5. Liquors
    - 5.2.1.1.6. Others
  - 5.2.1.2. Cosmetics & Personal Care
  - 5.2.1.3. Retail/Household
5.3. Europe Hazelnut Market Outlook, by Distribution Channel, Value (US$ Bn) and Volume, 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Business to Business
  - 5.3.1.2. Business to Consumer
    - 5.3.1.2.1. Hypermarket/Supermarket
    - 5.3.1.2.2. Specialty Stores
    - 5.3.1.2.3. Online Retails
- 5.3.2. BPS Analysis/Market Attractiveness Analysis
5.4. Europe Hazelnut Market Outlook, by Country, Value (US$ Bn) and Volume, 2018 - 2031
- 5.4.1. Key Highlights
  - 5.4.1.1. Germany Hazelnut Market by Form, Value (US$ Bn) and Volume, 2018 - 2031
  - 5.4.1.2. Germany Hazelnut Market by Application, Value (US$ Bn) and Volume, 2018 - 2031
  - 5.4.1.3. Germany Hazelnut Market by Distribution Channel, Value (US$ Bn) and Volume, 2018 - 2031
  - 5.4.1.4. U.K. Hazelnut Market by Form, Value (US$ Bn) and Volume, 2018 - 2031
  - 5.4.1.5. U.K. Hazelnut Market by Application, Value (US$ Bn) and Volume, 2018 - 2031
  - 5.4.1.6. U.K. Hazelnut Market by Distribution Channel, Value (US$ Bn) and Volume, 2018 - 2031
  - 5.4.1.7. France Hazelnut Market by Form, Value (US$ Bn) and Volume, 2018 - 2031
  - 5.4.1.8. France Hazelnut Market by Application, Value (US$ Bn) and Volume, 2018 - 2031
  - 5.4.1.9. France Hazelnut Market by Distribution Channel, Value (US$ Bn) and Volume, 2018 - 2031
  - 5.4.1.10. Italy Hazelnut Market by Form, Value (US$ Bn) and Volume, 2018 - 2031
  - 5.4.1.11. Italy Hazelnut Market by Application, Value (US$ Bn) and Volume, 2018 - 2031
  - 5.4.1.12. Italy Hazelnut Market by Distribution Channel, Value (US$ Bn) and Volume, 2018 - 2031
  - 5.4.1.13. Turkey Hazelnut Market by Form, Value (US$ Bn) and Volume, 2018 - 2031
  - 5.4.1.14. Turkey Hazelnut Market by Application, Value (US$ Bn) and Volume, 2018 - 2031
  - 5.4.1.15. Turkey Hazelnut Market by Distribution Channel, Value (US$ Bn) and Volume, 2018 - 2031
  - 5.4.1.16. Russia Hazelnut Market by Form, Value (US$ Bn) and Volume, 2018 - 2031
  - 5.4.1.17. Russia Hazelnut Market by Application, Value (US$ Bn) and Volume, 2018 - 2031
  - 5.4.1.18. Russia Hazelnut Market by Distribution Channel, Value (US$ Bn) and Volume, 2018 - 2031
  - 5.4.1.19. Rest of Europe Hazelnut Market by Form, Value (US$ Bn) and Volume, 2018 - 2031
  - 5.4.1.20. Rest of Europe Hazelnut Market by Application, Value (US$ Bn) and Volume, 2018 - 2031
  - 5.4.1.21. Rest of Europe Hazelnut Market by Distribution Channel, Value (US$ Bn) and Volume, 2018 - 2031
- 5.4.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Hazelnut Market Outlook, 2018 - 2031

6.1. Asia Pacific Hazelnut Market Outlook, by Form, Value (US$ Bn) and Volume, 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Raw
  - 6.1.1.2. Processed
  - 6.1.1.3. Oil
6.2. Asia Pacific Hazelnut Market Outlook, by Application, Value (US$ Bn) and Volume, 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Food and Beverage
    - 6.2.1.1.1. Confectionery
    - 6.2.1.1.2. Bakery
    - 6.2.1.1.3. Frozen Desserts
    - 6.2.1.1.4. Coffee
    - 6.2.1.1.5. Liquors
    - 6.2.1.1.6. Others
  - 6.2.1.2. Cosmetics & Personal Care
  - 6.2.1.3. Retail/Household
6.3. Asia Pacific Hazelnut Market Outlook, by Distribution Channel, Value (US$ Bn) and Volume, 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. Business to Business
  - 6.3.1.2. Business to Consumer
    - 6.3.1.2.1. Hypermarket/Supermarket
    - 6.3.1.2.2. Specialty Stores
    - 6.3.1.2.3. Online Retails
- 6.3.2. BPS Analysis/Market Attractiveness Analysis
6.4. Asia Pacific Hazelnut Market Outlook, by Country, Value (US$ Bn) and Volume, 2018 - 2031
- 6.4.1. Key Highlights
  - 6.4.1.1. China Hazelnut Market by Form, Value (US$ Bn) and Volume, 2018 - 2031
  - 6.4.1.2. China Hazelnut Market by Application, Value (US$ Bn) and Volume, 2018 - 2031
  - 6.4.1.3. China Hazelnut Market by Distribution Channel, Value (US$ Bn) and Volume, 2018 - 2031
  - 6.4.1.4. Japan Hazelnut Market by Form, Value (US$ Bn) and Volume, 2018 - 2031
  - 6.4.1.5. Japan Hazelnut Market by Application, Value (US$ Bn) and Volume, 2018 - 2031
  - 6.4.1.6. Japan Hazelnut Market by Distribution Channel, Value (US$ Bn) and Volume, 2018 - 2031
  - 6.4.1.7. South Korea Hazelnut Market by Form, Value (US$ Bn) and Volume, 2018 - 2031
  - 6.4.1.8. South Korea Hazelnut Market by Application, Value (US$ Bn) and Volume, 2018 - 2031
  - 6.4.1.9. South Korea Hazelnut Market by Distribution Channel, Value (US$ Bn) and Volume, 2018 - 2031
  - 6.4.1.10. India Hazelnut Market by Form, Value (US$ Bn) and Volume, 2018 - 2031
  - 6.4.1.11. India Hazelnut Market by Application, Value (US$ Bn) and Volume, 2018 - 2031
  - 6.4.1.12. India Hazelnut Market by Distribution Channel, Value (US$ Bn) and Volume, 2018 - 2031
  - 6.4.1.13. Southeast Asia Hazelnut Market by Form, Value (US$ Bn) and Volume, 2018 - 2031
  - 6.4.1.14. Southeast Asia Hazelnut Market by Application, Value (US$ Bn) and Volume, 2018 - 2031
  - 6.4.1.15. Southeast Asia Hazelnut Market by Distribution Channel, Value (US$ Bn) and Volume, 2018 - 2031
  - 6.4.1.16. Rest of Asia Pacific Hazelnut Market by Form, Value (US$ Bn) and Volume, 2018 - 2031
  - 6.4.1.17. Rest of Asia Pacific Hazelnut Market by Application, Value (US$ Bn) and Volume, 2018 - 2031
  - 6.4.1.18. Rest of Asia Pacific Hazelnut Market by Distribution Channel, Value (US$ Bn) and Volume, 2018 - 2031
- 6.4.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Hazelnut Market Outlook, 2018 - 2031

7.1. Latin America Hazelnut Market Outlook, by Form, Value (US$ Bn) and Volume, 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Raw
  - 7.1.1.2. Processed
  - 7.1.1.3. Oil
7.2. Latin America Hazelnut Market Outlook, by Application, Value (US$ Bn) and Volume, 2018 - 2031
7.3. Latin America Hazelnut Market Outlook, by Distribution Channel, Value (US$ Bn) and Volume, 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Business to Business
  - 7.3.1.2. Business to Consumer
    - 7.3.1.2.1. Hypermarket/Supermarket
    - 7.3.1.2.2. Specialty Stores
    - 7.3.1.2.3. Online Retails
- 7.3.2. BPS Analysis/Market Attractiveness Analysis
7.4. Latin America Hazelnut Market Outlook, by Country, Value (US$ Bn) and Volume, 2018 - 2031
- 7.4.1. Key Highlights
  - 7.4.1.1. Brazil Hazelnut Market by Form, Value (US$ Bn) and Volume, 2018 - 2031
  - 7.4.1.2. Brazil Hazelnut Market by Application, Value (US$ Bn) and Volume, 2018 - 2031
  - 7.4.1.3. Brazil Hazelnut Market by Distribution Channel, Value (US$ Bn) and Volume, 2018 - 2031
  - 7.4.1.4. Mexico Hazelnut Market by Form, Value (US$ Bn) and Volume, 2018 - 2031
  - 7.4.1.5. Mexico Hazelnut Market by Application, Value (US$ Bn) and Volume, 2018 - 2031
  - 7.4.1.6. Mexico Hazelnut Market by Distribution Channel, Value (US$ Bn) and Volume, 2018 - 2031
  - 7.4.1.7. Argentina Hazelnut Market by Form, Value (US$ Bn) and Volume, 2018 - 2031
  - 7.4.1.8. Argentina Hazelnut Market by Application, Value (US$ Bn) and Volume, 2018 - 2031
  - 7.4.1.9. Argentina Hazelnut Market by Distribution Channel, Value (US$ Bn) and Volume, 2018 - 2031
  - 7.4.1.10. Rest of Latin America Hazelnut Market by Form, Value (US$ Bn) and Volume, 2018 - 2031
  - 7.4.1.11. Rest of Latin America Hazelnut Market by Application, Value (US$ Bn) and Volume, 2018 - 2031
  - 7.4.1.12. Rest of Latin America Hazelnut Market by Distribution Channel, Value (US$ Bn) and Volume, 2018 - 2031
- 7.4.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Hazelnut Market Outlook, 2018 - 2031

8.1. Middle East & Africa Hazelnut Market Outlook, by Form, Value (US$ Bn) and Volume, 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Raw
  - 8.1.1.2. Processed
  - 8.1.1.3. Oil
8.2. Middle East & Africa Hazelnut Market Outlook, by Application, Value (US$ Bn) and Volume, 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Food and Beverage
    - 8.2.1.1.1. Confectionery
    - 8.2.1.1.2. Bakery
    - 8.2.1.1.3. Frozen Desserts
    - 8.2.1.1.4. Coffee
    - 8.2.1.1.5. Liquors
    - 8.2.1.1.6. Others
  - 8.2.1.2. Cosmetics & Personal Care
  - 8.2.1.3. Retail/Household
8.3. Middle East & Africa Hazelnut Market Outlook, by Distribution Channel, Value (US$ Bn) and Volume, 2018 - 2031
- 8.3.2. BPS Analysis/Market Attractiveness Analysis
8.4. Middle East & Africa Hazelnut Market Outlook, by Country, Value (US$ Bn) and Volume, 2018 - 2031
- 8.4.1. Key Highlights
  - 8.4.1.1. GCC Hazelnut Market by Form, Value (US$ Bn) and Volume, 2018 - 2031
  - 8.4.1.2. GCC Hazelnut Market by Application, Value (US$ Bn) and Volume, 2018 - 2031
  - 8.4.1.3. GCC Hazelnut Market by Distribution Channel, Value (US$ Bn) and Volume, 2018 - 2031
  - 8.4.1.4. South Africa Hazelnut Market by Form, Value (US$ Bn) and Volume, 2018 - 2031
  - 8.4.1.5. South Africa Hazelnut Market by Application, Value (US$ Bn) and Volume, 2018 - 2031
  - 8.4.1.6. South Africa Hazelnut Market by Distribution Channel, Value (US$ Bn) and Volume, 2018 - 2031
  - 8.4.1.7. Egypt Hazelnut Market by Form, Value (US$ Bn) and Volume, 2018 - 2031
  - 8.4.1.8. Egypt Hazelnut Market by Application, Value (US$ Bn) and Volume, 2018 - 2031
  - 8.4.1.9. Egypt Hazelnut Market by Distribution Channel, Value (US$ Bn) and Volume, 2018 - 2031
  - 8.4.1.10. Nigeria Hazelnut Market by Form, Value (US$ Bn) and Volume, 2018 - 2031
  - 8.4.1.11. Nigeria Hazelnut Market by Application, Value (US$ Bn) and Volume, 2018 - 2031
  - 8.4.1.12. Nigeria Hazelnut Market by Distribution Channel, Value (US$ Bn) and Volume, 2018 - 2031
  - 8.4.1.13. Rest of Middle East & Africa Hazelnut Market by Form, Value (US$ Bn) and Volume, 2018 - 2031
  - 8.4.1.14. Rest of Middle East & Africa Hazelnut Market by Application, Value (US$ Bn) and Volume, 2018 - 2031
  - 8.4.1.15. Rest of Middle East & Africa Hazelnut Market by Distribution Channel, Value (US$ Bn) and Volume, 2018 - 2031
- 8.4.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. By Distribution Channel vs by Application Heat map
9.2. Manufacturer vs by Application Heatmap
9.3. Company Market Share Analysis, 2023
9.4. Competitive Dashboard
9.5. Company Profiles
- 9.5.1. Olam International
  - 9.5.1.1. Company Overview
  - 9.5.1.2. Product Portfolio
  - 9.5.1.3. Financial Overview
  - 9.5.1.4. Business Strategies and Development
- 9.5.2. Ferrero International S.A.
  - 9.5.2.1. Company Overview
  - 9.5.2.2. Product Portfolio
  - 9.5.2.3. Financial Overview
- 9.5.3. Barry Callebaut AG
  - 9.5.3.1. Company Overview
  - 9.5.3.2. Product Portfolio
  - 9.5.3.3. Financial Overview
  - 9.5.3.4. Business Strategies and Development
- 9.5.4. Kanegrade Limited
  - 9.5.4.1. Company Overview
  - 9.5.4.2. Product Portfolio
  - 9.5.4.3. Financial Overview
  - 9.5.4.4. Business Strategies and Development
- 9.5.5. Arslanturk
  - 9.5.5.1. Company Overview
  - 9.5.5.2. Product Portfolio
  - 9.5.5.3. Financial Overview
  - 9.5.5.4. Business Strategies and Development
- 9.5.6. Karimex
  - 9.5.6.1. Company Overview
  - 9.5.6.2. Product Portfolio
  - 9.5.6.3. Financial Overview
  - 9.5.6.4. Business Strategies and Development
- 9.5.7. Oregon Hazelnuts
  - 9.5.7.1. Company Overview
  - 9.5.7.2. Product Portfolio
  - 9.5.7.3. Financial Overview
  - 9.5.7.4. Business Strategies and Development
- 9.5.8. Durak Findik
  - 9.5.8.1. Company Overview
  - 9.5.8.2. Product Portfolio
  - 9.5.8.3. Financial Overview
  - 9.5.8.4. Business Strategies and Development
- 9.5.9. Geonuts Limited
  - 9.5.9.1. Company Overview
  - 9.5.9.2. Product Portfolio
  - 9.5.9.3. Financial Overview
  - 9.5.9.4. Business Strategies and Development

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations