Turkish Hazelnut in a Nutshell
Did you know that gold can be planted? Well, that is possible in turkey as it is famous for growing hazelnuts due to its favorable climate. The Turkish hazelnut is called "The Green Gold" because of its great economic importance for the country as Turkey cultivates and processes most of the world's hazelnuts, thus it has a market share between 70 and 80% of the worldwide hazelnut production, and exports hazelnuts to more than 122 countries around the world. As a matter of fact, if you are looking for a successful project in Turkey that requires little capital, you can consider Investing in Turkish hazelnuts.
Why You Should Invest in Turkish Hazelnut?
There are plenty of reasons that push a businessman or a businesswoman to invest in one of the agricultural products in Turkey , and the same applies to hazelnuts which is considered one of the most exported products to the world from Turkey. Here are some of the reasons to invest in Turkish hazelnuts industry
High Demand in the Chocolate Industry
Think about your favorite chocolate. The childlike sense of wonder sneaks up on you when you take the first bite and the rich, buttery flavor of hazelnuts floods your mouth going straight to your heart driving it to burst with happiness, not only because of its delicious taste but also because it lowers cholesterol levels in the blood, moreover did you know that the best and most famous chocolate brands contain no small measure of hazelnuts? The escalating popularity of chocolate led to an increased demand for hazelnut from the industries catering to the growing global consumer demand, and the first thing to remember here is that Turkish hazelnut is rated as the best kind of hazelnut in the world, as can be seen when investing in Turkish hazelnuts, you will not be limited to the local market, but you will take part in the global one too.
Various Hazelnut Investment
In addition to the delicious taste of hazelnut, which is used in many food industries, investing in Turkish hazelnut can take other forms, for example, the nut oil extracted from hazelnuts, not only used for cooking purposes as edible oil, but also can be used as a skincare product, and it contains 65% of a non-drying oil used in the manufacture of cosmetics, paints, medicines, and aromatherapy, not to mention that materials used in tanning leather are extracted from the scales of hazelnut trees, the casings of their fruits and the leaves, moreover the wood of hazelnut trees are also used to make distinctive furniture tools, as the hazelnut wood is characterized by its flexibility and ease of use during the manufacturing process.
Availability of Manpower in Seasonal Hazelnut Harvesting
Hazelnut in Turkey is harvested in approximately four weeks, starting in August of each year. With such a short period of time and a large amount of land to be covered, many workers travel from all over the region to help with the harvest and this makes it easier for Turkish farmers to work during the harvest season.
Potential Challenges When Investing in Turkish Hazelnut:
It’s important to be as informed as possible of any hidden risks you may encounter when investing in Turkish hazelnut, for instance hazelnut is a very hardy plant, however the trees are vulnerable during the flowering period in early and late winter and temperatures below -10 C can infect crops with what is known as "Cold Injury" that will damage the fruit set, on the other hand crop damage usually is minimal if there is only a brief cold spell.
Hazelnut Regions in Turkey
Among all regions in Turkey "the nuttiest" of all is the Black Sea coastal region, which has the most suitable climate feature in terms of hazelnut growing in Turkey. Black Sea coastal region includes Ordu, Giresun, Trabzon, Rize and Artvin provinces. Ordu is the home of hazelnut trees and Trabzon is currently one of the most important provinces producing hazelnuts in Turkey, in addition to other provinces like Düzce, Sakarya, Zongldak, Sinop, Kigali, and Samsun.
To conclude, it is profitable to invest in any food industry that has a market demand, but it is always advised to study the project and start with a feasibility study before taking any risks. Investing in Turkish hazelnut is one of the businesses that an investor can consider in Turkey, "The Land of Hazelnut".