Global Almond Ingredients Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Type;

Whole almonds, Almond pieces, Almond paste, Almond flour, and Almond milk.

By Application;

Snacks & Bars, Milk Substitutes & Ice-creams, Bakery & Confectionery, Nut & Seed Butters, and RTE Cereals.

By Distribution Channel;

Hypermarkets/Supermarkets, Convenience Stores, Online Retail, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn980886453 Published Date: October, 2024 Updated Date: November, 2024

Introduction

Global Almond Ingredients Market (USD Million), 2020 - 2030

In the year 2023, the Global Almond Ingredients Market was valued at USD 11,782.26 million. The size of this market is expected to increase to USD 21,263.31 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 8.8%.

The global almond ingredients market is projected to experience significant growth, with an estimated compound annual growth rate (CAGR) of 10.35% during the forecast period from 2020 to 2025. Almond ingredients are valued for their rich nutritional profile, offering essential minerals and nutrients that contribute to their versatility and health benefits across various food applications. Consumers increasingly prioritize healthy lifestyles and seek out health-conscious foods, driving the demand for almond ingredients globally. These ingredients are incorporated into diverse food products, providing numerous nutritional advantages such as vitamins, proteins, carbohydrates, fibers, fats, and minerals.

The growing trend towards plant-based diets is creating additional opportunities for various almond ingredients, including almond milk, paste, and others. As consumers become more conscious of the environmental and health impacts of their food choices, the popularity of plant-based foods continues to rise. Almond-based alternatives serve as viable substitutes for traditional dairy and meat products, catering to the preferences of individuals seeking plant-derived sources of nutrition. This trend is expected to further propel the demand for almond ingredients in the food industry.

The global almond ingredients market is driven by the increasing consumer demand for nutritious and health-conscious food options. Almond ingredients offer a range of nutritional benefits and are versatile additions to various food products. With the rising adoption of plant-based diets and the growing awareness of the health benefits associated with almonds, the market for almond ingredients is poised for significant growth in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. Global Almond Ingredients Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers:
        1. Rising Vegan and Plant-Based Trends
        2. Preference for Gluten-Free and Allergen-Free Products
        3. Increasing Health Consciousness
      2. Restraints:
        1. Limited Availability of Organic Almonds
        2. Allergen Labeling Requirements
        3. Competition from Alternative Ingredients
      3. Opportunities:
        1. Increasing Demand for Natural and Nutritious Ingredients
        2. Rising Preference for Plant-Based and Vegan Products
        3. Innovations in Almond Ingredient Applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Almond Ingredients Market, By Type , 2022 - 2032 (USD Million)
      1. Whole almonds
      2. Almond pieces
      3. Almond paste
      4. Almond flour
      5. Almond milk
    2. Global Almond Ingredients Market, By Application, 2022 - 2032 (USD Million)
      1. Snacks & Bars
      2. Milk Substitutes & Ice-creams
      3. Bakery & Confectionery
      4. Nut & Seed Butters
      5. RTE Cereals
    3. Global Almond Ingredients Market, By Distribution Channel, 2022 - 2032 (USD Million)
      1. Hypermarkets/Supermarkets
      2. Convenience Stores
      3. Online Retail
      4. Others
    4. Global Almond Ingredients Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Archer Daniels Midland Company
      2. Blue Diamond Growers
      3. John B. Sanfilippo & Son
      4. Borges Agricultural & Industrial Nuts SA
      5. Royal Nut Company
  7. Analyst Views
  8. Future Outlook of the Market