Almond Ingredients Market by Type (Whole Almonds, Almond Pieces, Almond Flour, Almond Paste, and Almond Milk), Application (Snacks, Bars, Bakery, Confectionery, Milk Substitutes & Ice Creams, Nut & Seed Butters, RTE Cereals), Region – Global Forecast to 2025

2020-11-19
Price :
Published : Nov-2020
No. of Pages : 222
Inquire before Buying request discount

“The almond ingredients market is projected to grow at a CAGR of 10.5% during the forecast period.”

According to MarketsandMarkets, the global almond ingredients market size is estimated to be valued at USD 10.2 billion in 2020. It is projected to reach USD 16.9 billion by 2025, recording a CAGR of 10.5% in terms of value. Numerous nutritional benefits offered by almond and almond ingredients, a rapid increase in almond-based product launches by key players in the food & beverage market, growing inclination of consumers toward plant-based and gluten-free products, and associations and organizations promoting the nut ingredient industry are the key factors projected to drive the growth of the almond ingredients market during the forecast period.However, the growth of the almond ingredients market is inhibited by factors, such as unstable prices of raw materials and growing incidences of almond allergy among consumers.

“By type, the almond pieces segment is projected to grow at the highest CAGR during the forecast period.”

Almond pieces or chopped almonds intensify the flavor of food products, to which it is added. Almond pieces are available in various forms, such as halves, slices/flakes, and diced/chopped. Almond pieces help in adding crunch, texture, and nutrition to the products and are increasingly used in the preparation of health-based snack foods.The market for almond pieces is projected to witness a rapid growth across regions due to the development of the food processing industry and high consumption among the population. However, the market continues to witness significant growth in developed countries, such as the US and Germany, due to the high awareness pertaining to health-based foods products and an increase in the food processing sectors.

“By application, the bars segment is estimated to account for the fastest growth rate.”

The majority of consumers are inclining toward the bar category as a convenience health befitting food product. The bars segment has experienced a significant amount of growth in the past few years. Moreover, consumers consider almonds as the most desired ingredient, as almonds make a bar crunchier in texture and provide numerous nutrients, and improves taste.

Almonds contain the highest amount of protein than other tree nuts. Almond contains various nutrients, including vitamin E, fiber, calcium, riboflavin, and niacin. They are also a leading source of magnesium. Almonds provide a fuller for a longer feeling to consumers. Owing to these factors, almonds are considered the best ingredient for bars and constantly experiencing growth.

“The Asia Pacific region is projected to grow at the highest CAGR during the forecast period.”

The almond ingredients industry in the Asia Pacific region is growing due to the change in the lifestyle of customers and the increase in disposable income. According to the World Bank, it is the fastest-growing economy in the world. The market in this region is witnessing a dramatic transformation regarding diet diversification, rapid urbanization, and liberal trade policies in the food sector. Furthermore, a rise in consumer awareness about health issues, an increase in inclination of consumers toward health-benefiting food products, a surge in income and purchasing power, and rapid growth of the middle-class population are the major factors offering growth opportunities for almond ingredient manufacturers in the market in the region.

The almond ingredients market is segmented region-wise, with a detailed analysis of each region. These regions include Asia Pacific, North America, Europe, Latin America,and RoW (the Middle East and Africa).

Break-up of Primaries

  • By Value Chain: Supply-Side – 15% and Demand Side – 85%
  • By Designation: C Level- 34%,Managers–44%, and Executives–22%
  • By Region: Asia Pacific – 10%, North America-60%,Europe – 18%,Latin America – 8%,and Middle East & Africa- 4%

Leading players profiled in this report include the following:

  • ADM (US)
  • Olam International Limited (Singapore)
  • Barry Callebaut (Switzerland)
  • Blue Diamond Growers (US)
  • John B. Sanfilippo & Son (US)
  • Kanegrade (UK)
  • Borges Agricultural & Industrial Nuts (Netherlands)
  • Savencia SA (France)
  • The Wonderful Company (US)
  • Harris Woolf California Almonds (US)
  • Treehouse California Almonds (US)
  • Döhler GmbH (Germany)
  • Royal Nut Company (Australia)
  • Repute Foods Pvt. Ltd (India)
  • Deep Nuts N Flavors LLP (India)
  • Shivam Cashew Industry (India)
  • Modern Ingredients (India)
  • ConnOils LLC (Wisconsin)
  • Valley Harvest Nut Company (US)
  • ETChem (Jiangsu)

Research Coverage

This report segments the almond ingredients market on the basis of type, application, and region. In terms of insights, this research report focuses on various levels of analyses—competitive landscape,pricing insights, end-use analysis, and company profiles—which together comprise and discuss the basic views on the emerging & high-growth segments of the almond ingredients market, high-growth regions, countries, industry trends, drivers, restraints, opportunities, and challenges.

Reasons to buy this report

  • To get a comprehensive overview of the almond ingredients market
  • To gain wide-ranging information about the top players in this industry, their product portfolio details, and the key strategies adopted by them
  • To gain insights about the major countries/regions in which the almond ingredients market is flourishings
Filed in: Food & Beverage
Publisher : marketsandmarkets
More Reports
Title Price Buy Now

Bone & Joint Health Supplements Market by Type (Vitamin D, Vitamin K, Calcium, Collagen, Omega 3-Fatty Acid, Glucosamine-Chondroitin), Distribution Channels, Form (Tablets, Capsules, Liquid, Powder), Target Consumers and Region – Global Forecast to 2027

The global bone & joint health supplements market is estimated to be valued at USD 11.7 billion in 2022. It is projected to reach USD17.6 billion by 2027, recording a CAGR of 8.5% during the forecast period. Rising incomes have prompted households to increase their budgets and spend more on health and nutrition in addition to necessities such as food. Nutrition bars, in addition to protein supplements, are gaining popularity, particularly in urban areas. According to experts, food/sport supplements are becoming more popular, particularly vegetarians, increasingly feel the need to meet their protein requirements in order to stay healthy. “North America is projected to witness the growth of 7.9% during the forecast period.” The bone & joint health supplements market in Nort......
 $4950

Irrigation Automation Market by System (Automatic, Semi-automatic), Component (Controllers, Valves, Sprinklers, Sensors, Other components), Irrigation Type (Sprinkler, Drip, Surface), Automation Type, End-Use and Region – Global Forecast to 2027

The global market for irrigation automation is estimated at USD 4.2 Billion in 2022; it is projected to grow at a CAGR of 17.2% to reach USD 9.2 Billion by 2027.Key opportunities that promote the growth of this market include the presence of large-sized farms, which makes the adoption of irrigation automation ideal. The automatic irrigation system is growing at a high CAGR in the global irrigation automation market during the forecast period Automatic irrigation automation systems require no human intervention, which is why it is widely being adopted among the educated farmers. Automatic systems have a central controller that allows the growers to adjust when, where, and how much water is to be applied. Most controllers have a percentage adjust control so that it is simpler to adjust......
 $4950

Non-Meat Ingredients Market by Ingredient (Binders, Extenders, Fillers, Coloring & Flavoring Agents, Salts & Preservatives), Type (Beef, Pork, Mutton, Poultry), Product, source (plant, chemical, animal) & Region – Forecast to 2027

The global non-meat ingredients market is estimated to be valued at USD 36.6 billion in 2021. It is projected to reach USD 46.7 billion by 2027, recording a CAGR of 4.2% during the forecast period. The ease of use and hassle-free preparation offered by meat products processed with non-meat ingredients has added to their growing popularity and demand. To cater to the ever-increasing demand for processed meat products, processing plants are adopting various ways to increase production. One such method is the use of non-meat ingredients during meat processing. Meat processing plants are recognizing the importance of non-meat ingredients and their effects on end products. Non-meat ingredients such as binders, fillers, extenders, coloring agents, texturing agents, flavoring agents, preservative......
 $4950

Seaweed Protein Market by Source (Red Seaweed, Green Seaweed & Brown Seaweed), Extraction Process (Conventional Method & Current Method), Mode of Application (Food, Animal Feed & Additives, Personal Care & Cosmetics) & Region – Global Forecast to 2027

The market for Seaweed protein is estimated at USD 585 million in 2022; it is projected to grow at a CAGR of 14.1% to reach USD 1131 million by 2027. Increasing consumer health awareness and rising vegan population across regions are factors that have encouraged people to shift to alternate plant based protein such as seaweed protein. Consumers have become increasingly aware and conscious of their dietary habits. Lifestyle changes, along with a better understanding of fitness and health, have encouraged people to consume natural products. Increasing health awareness has also led consumers to shift to seaweed protein based products that are specific to their requirements. Consumers have become increasingly inclined toward a healthy lifestyle and nutrition rich natural food. With changing pr......
 $4950

Juice Concentrates Market by Type (Fruit, and Vegetable), Application (Beverages, Soups & Sauces, Dairy, and Bakery & Confectionery), Ingredient (Single-, and Multi-Fruit and Vegetable), Form, and Region – Global Forecast to 2027

The global juice concentrates market is estimated to be valued at USD 73.7 billion in 2022. It is projected to reach USD 93.7 billion by 2027, recording a CAGR of 4.9% during the forecast period. The beverage sector within the application has witnessed a revolutionary shift toward a healthier profile, the demand for innovation within the product portfolio followed an increasing trend. The changing dietary preferences of the people have led to a significant rise in the consumption of nutritional foods and juices, which in turn is expected to increase the demand for juice concentrates in the market. Therefore, manufacturers of fruit juice concentrates around the world are becoming innovative, market-driven, and cost-efficient. The market is witnessing strong demand for consistently high qual......
 $4950

Specialty Food Ingredients Market by Type (Acidulant, Colors, Flavors, Enzymes, Emulsifiers, F&B Starter Culture, Preservatives, Functional Food Ingredients, Specialty Starches, Sugar Substitutes), Distribution Channel – Global Forecast to 2027

The global specialty food ingredients market is estimated to be valued at USD 148.2 billion in 2022. It is projected to reach USD 196.2 billion by 2027, recording a CAGR of 5.8% during the forecast period. Specialty food ingredients have technological and/or functional benefits and are essential in providing today's consumers with a wide range of tasty, safe, healthy, affordable, qualitative, and sustainably produced food. They form a key segment in the European food industry that is used in many consumer foods and have consequently become part of our daily life. Several developments have been made over the past few decades in the field of specialty food ingredients. The global demand for specialty food ingredients is on the rise in the food & beverage and health supplement industri......
 $4950

Fruit & Vegetable Ingredients Market by Category (Fruits and Vegetables), Nature (Organic, Conventional), Type (Concentrates, Pastes & Purees, NFC Juices, and Pieces & Powders), Application, and Region – Global Forecast to 2027

The fruit & vegetable ingredients market is estimated to be valued at USD 207.8 billion in 2021. It is projected to reach USD 280.9 billion by 2027, recording a CAGR of 5.2% during the forecast period. The global fruit & vegetable ingredients market can be defined as those fruit and vegetable products which are processed naturally or chemically to withstand the flavor and taste to be used in various applications—is witnessing significant growth due to the increasing awareness about the natural ingredients and cost-effectiveness offered by them, along with the enhanced functionalities they provide in comparison to native ingredients. Fruit & vegetable ingredients are a processed or semi-processed form of raw fruit & vegetables, which are transformed into concentrates, past......
 $4950

3D Food Printing Market by Vertical (Government, Commercial, and Residential), Technique (Extrusion Based Printing, Selective Laser Sintering, Binder Jetting and Inkjet Printing), Ingredient and Geography – Global Forecast to 2027

“The 3D food printing market is projected to grow at a CAGR of 57.3%.” According to MarketsandMarkets, the 3D Food Printing market is estimated to account for nearly USD 201 million in 2022 and is projected to grow at a CAGR of 57.3%, to reach nearly USD 1,941 million by 2027. The 3D food printing market is mainly impacted by innovations, as manufacturers are always introducing new processing techniques to produce complex food products of different shapes and sizes, thereby focusing on catering to the increasing demand of customized food products and changing consumer behavior. “Asia pacific: fastest growing segment of 3D food printing market, by region” The 3D food printing market in the Asia Pacific is projected to witness the fastest growth between 2022 and 2027. Asia P......
 $4950

HMO Market by Type (2’ Fl, 3’ Fl, 3’ Sl, 6’ Sl), Application (Infant Formula, Functional Food & Beverages, Food Supplement), Concentration (Acidic, Neutral) & Region (North America, Europe, APAC, South America, RoW) – Global Forecast to 2027

The global market for HMO market is estimated to be valued at USD 199 million in 2022. It is projected to reach USD556 million by 2027, recording a CAGR of 22.7% during the forecast period. Human milk oligosaccharides (HMOs) are part of the functional ingredients of breast milk. They are the third most abundant component of milk after lactose and lipids. HMOs act as prebiotics; they support beneficial bacteria growth and have anti-pathogenic effects. Recent studies show that HMOs can boost infant health and reduce disease risk. HMOs are the main nutrients that benefit infants’ growth and are abundantly present in human milk. Currently, HMOs have been synthesized artificially in infant milk formulations to benefit infants who cannot be fed with breast milk, support their growth, and provi......
 $4950

Food Grade Lubricants Market by base oil [Synthetic Oil, Mineral Oil, Bio-based], Application (Food, Beverages, Pharmaceuticals & Cosmetics), and Region (North America, Europe, Asia Pacific, MEA, South America) – Global Forecasts to 2027

“Increasing demand for bio-based food grade lubricants is expected to drive the food grade lubricants market.” The food grade lubricants market is estimated to grow to USD 495 million by 2027 from USD 352 million in 2022, at a CAGR of 7.0%.There are many environmental issues related to synthetic and mineral oil-based food grade lubricants. The healthcare and food-processing industries demand a need for food grade lubricants that are less toxic and biodegradable. Research aimed at enhancing the performance of current bio-based lubricants will be key to meeting this need because of its numerous advantages over synthetic and mineral oils such as high boiling point means less emissions, high biodegradability, high lubricity, high shear stability, high tool life, high viscosity index, lo......
 $4950
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy