Global Almond Ingredients
Market Report
2024
Almond Ingredients market size will be USD 15.5 million in 2024 and will expand at a compound annual growth rate (CAGR) of 9.90% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Almond Ingredients market size will be USD 15.5 million in 2024 and will expand at a compound annual growth rate (CAGR) of 9.90% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Almond Ingredients Market Sales Revenue 2024 | $ 15.5 Million |
Global Almond Ingredients Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9.9% |
Market Split by Type |
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Market Split by Application |
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Market Split by Distribution Channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Almond Ingredients Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The Almond Ingredients Market is a thriving segment of the food industry driven by the versatile applications and nutritional benefits of almonds. Almonds are widely utilized in various forms, including whole almonds, almond flour, almond milk, almond butter, and almond oil, among others, across diverse food and beverage categories. This market is fueled by the surging demand for plant-based and clean-label ingredients, as almonds are naturally gluten-free, non-GMO, and rich in nutrients like protein, fiber, healthy fats, and vitamins. Additionally, almonds offer a distinctive nutty flavor and crunchy texture, enhancing the taste and texture of numerous culinary creations. With the surging consumer awareness of health and wellness, coupled with the rising prevalence of lactose intolerance and dairy-free diets, the almond ingredients market is witnessing significant growth globally.
Rising Consumer Awareness of Health and Wellness to Increase the Demand Globally - The rising consumer awareness of health and wellness acts as a significant driver for the Almond Ingredients Market. Almonds are perceived as a nutritious option due to their high protein, fiber, and healthy fat content. With consumers increasingly seeking natural and wholesome ingredients, almond-based products fulfill these preferences, leading to heightened demand for almond ingredients across various food and beverage categories. Growing Adoption of Plant-based Diets- The growing adoption of plant-based diets drives the market for almond ingredients as they offer a versatile and nutritious alternative in various food and beverage applications.
Fluctuating Global Almond Prices- Fluctuating global almond prices can limit the almond ingredients market by affecting the cost and availability of raw materials, potentially leading to pricing pressures and supply chain disruptions for manufacturers and consumers. Environmental Concerns and Water Usage- Environmental concerns and water usage constraints limit the market due to the significant water footprint of almond cultivation, prompting sustainability considerations and potentially impacting production volumes and pricing.
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In January 2023, Califia Farms, a popular and high-quality brand in the plant-based beverage sector, expanded its acclaimed range of dairy-free offerings by introducing USDA-certified Oatmilk and Almondmilk.
(Source: califiafarms.com/product-categories/plant-milks/)
Top Companies Market Share in Almond Ingredients Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue due to the abundant almond production in California, stringent food safety regulations, and the region's well-established food processing infrastructure. California alone accounts for the majority of global almond production, making North America a primary supplier of almond-based ingredients to domestic and international markets. Additionally, the region's strong consumer demand for health-conscious and plant-based products further drives the growth of the almond ingredients market in North America.
Asia-Pacific stands out as the fastest-growing region in the Almond Ingredients market due to the rising consumer awareness for the health benefits associated with almonds, such as their high nutritional value and heart-healthy properties, which are driving demand. Additionally, the increasing popularity of Western-style diets and the surging food and beverage industry in countries like China and India contribute to market growth. Moreover, the expanding middle-class population and changing dietary preferences towards healthier options further propel the uptake of almond ingredients in the region.
The current report Scope analyzes Almond Ingredients Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Almond Ingredients Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Almond Ingredients Industry growth. Almond Ingredients market has been segmented with the help of its Type, Application Distribution Channel, and others. Almond Ingredients market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Almond Ingredients market.
Type Segment analysis of Almond Ingredients industry helps to understand the different components, trends, and consumer preferences within the industry. The F&B industry encompasses various products, from fresh produce to processed foods, beverages, and others. This diversity allows for creativity and innovation in product development. This chapter offers revenue share analysis of Almond Ingredients market at global as well as regional level. This detailed analysis helps to understand the specific needs of different customers. Moreover, it can help to make key decisions about product development, pricing strategies, and market positioning.
Type of Almond Ingredients analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Almond Ingredients Industry. Request a Free Sample PDF!
According to Cognitive Market Research, bakery & confectionery is the dominating category due to the widespread use of almonds in various products, including cakes, cookies, pastries, chocolates, and candies, where almonds add flavor, texture, and nutritional value. Almond flour and almond meal are commonly used as gluten-free alternatives in baking, catering to the increasing demand for gluten-free products. Furthermore, the natural sweetness and richness of almonds complement the indulgent and decadent nature of many bakery and confectionery items, driving their popularity among consumers seeking premium and flavorful treats.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Research Analyst at Cognitive Market Research
I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.
Nisha Deore is a highly skilled Research Analyst with over three years of experience specializing in the agriculture and food & beverage sectors. Her expertise encompasses secondary research, data mining, competitive analysis, and the development of detailed collateral and PR materials. Known for her meticulous approach, Nisha designs robust research methodologies and delivers actionable insights that support her organization’s commercial and financial objectives.
In her current role, Nisha manages research for both the agriculture and food & beverage categories, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With a deep passion for both sectors and a commitment to continuous professional development, Nisha remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Almond Ingredients Market is witnessing significant growth in the near future.
In 2023, the Whole Almond segment accounted for noticeable share of global Almond Ingredients Market and is projected to experience significant growth in the near future.
The Bakery & Confectionery segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies ADM , Barry Callebaut and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Whole Almond, Almond Pieces, Almond Flour, Almond Paste, Almond Milk, Almond Oil, Others |
Application | Bakery & Confectionery, Milk Substitutes & Ice Creams, RTE Cereals, Sweet & Savory Snacks, Nut & Seed Butters, Others |
Distribution Channel | Hypermarkets/Supermarkets, Convenience Stores, Online Retail, Others |
List of Competitors | ADM, Olam International Limited, Barry Callebaut, Blue Diamond Growers, John B. Sanfilippo & Sons, Borges Agricultural & Industrial Nuts, Savencia SA, The Wonderful Company, Harris Woolf California Almonds, Treehouse California Almonds, Royal Nut Company, Repute Foods Pvt. Ltd, Deep Nuts N Flavors LLP, Shivam Cashew Industry, Modern Ingredients, ConnOils LLC, Valley Harvest Nut Company |
This chapter will help you gain GLOBAL Market Analysis of Almond Ingredients. Further deep in this chapter, you will be able to review Global Almond Ingredients Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Distribution Channel Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Almond Ingredients market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Whole Almond have a significant impact on Almond Ingredients market? |
What are the key factors affecting the Whole Almond and Almond Pieces of Almond Ingredients Market? |
What is the CAGR/Growth Rate of Bakery & Confectionery during the forecast period? |
By type, which segment accounted for largest share of the global Almond Ingredients Market? |
Which region is expected to dominate the global Almond Ingredients Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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