Almond Ingredient Market - Industry Analysis, Market Size, Share, Trends, Growth And Forecast 2021 - 2026

Report Code: FBR 85371 Report Format: PDF + Excel (Delivery in 48 Hrs)

Almond Ingredient Market Overview

Almond Ingredient Market size is forecast to reach $13.47 billion by 2026, growing at a CAGR of 9.75% during the forecast period 2021-2026. Almonds are categorized as dry fruit which belongs to the prunus family. Almonds are a rich source of vitamin Magnesium and potassium which reduces the bad cholesterol level and helps in proper mixing of oxygen and nutrients with blood. The increasing health-conscious consumers are demanding convenience snacking products with high nutritional value which is driving the market for almonds in various applications. The shifting consumer trend towards vegan diet is also driving the launch of almond-based products by the manufacturers is set to further enhance the overall market demand for the Functional Mushroom Market during the forecast period 2021-2026.

Almond Ingredient Market Report Coverage

The report: “Almond Ingredient Market Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Almond Ingredient   Market.
By Source- Whole Almond, Almond Pieces, Almond Flour, Almond Milk and Others
By Application- Snack Bars, Bakery, Confectionery, Milk Substitutes, Sweet and Savory Snacks and Others. 
By Geography-North America, Europe, Asia Pacific (APAC) and Rest of the World (Row).

Key Takeaways

  • Europe dominated the Almond Ingredient Market in 2020 owing to the rising obese and increasing demand for healthy snacking. 
  • Increasing health issues such as obesity and shifting consumers towards healthy snacking options with high nutritional content is increasing the demand for almond-based products which is likely to aid in the market growth of the Almond Ingredient Market.
  • Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Almond Ingredient Market. 
  • Fluctuating cost of raw material for almond and changes in tariff policies results in variation in demand needs which is poised to create hurdles for the Almond Ingredient Market.

Almond Ingredient Market Segment Analysis - By Source

By Source, the Almond Ingredient   Market is segmented into Whole Almond, Almond Pieces, Almond Flour, Almond Milk and Others. The Whole Almond held the largest share in the Almond Ingredient Market in 2020 and is estimated to grow at a CAGR of 10.35% during the forecast period 2021-2026. Almonds are becoming necessity product owing to its health benefits and the applications of almond in food products is increasing. Almond after processing is used in two different forms such as natural (with brown skin) and blanched (without outer skin). Blanched almonds are widely used for garnishing purpose while the natural almond are used in sweet and savoury snacks, as component in dietary bars and other confectionery applications. Owing to increasing geriatric population and obesity problems the consumers have increased the demand for nutritional products which has increased the demand for almonds majorly in the developed nations. Whole Almonds is set to be the highest growing segment and is estimated to register the highest CAGR during the forecast period 2021-2026.

Almond Ingredient Market Segment Analysis - By Application

By Application, the Almond Ingredient Market is segmented into Snack Bars, Bakery, Confectionery, Milk Substitutes, Sweet and Savory Snacks and Others. Snack Bars held the largest share in the Almond Ingredient Market in 2020. Almonds bars are in high demand in the developed countries owing to increasing health consciousness. Also, the demand for convenience snacking options has increased the consumption for almond bars. As almonds provide crunchiness and nutty taste to the snack bar segment, they are widely used in health-based bars. The Snack Bars is set to be the highest growing segment and is estimated to register the highest CAGR during the forecast period 2021-2026.

Almond Ingredient Market Segment Analysis - By Geography

Based on Geography, Almond Ingredient Market is segmented into North America, Europe, Asia-Pacific, and Rest of World. Europe is anticipated to dominate the market with a region share 33.19% in 2020 owing to the rising geriatric population and obesity problems the demand for nutritional food have increased. This is driving the market for almond ingredients as they reduce the bad cholesterol level and are high source of nutrition. Also increased demand for convenience snacking among the consumers have also increased the application of almonds which will further anticipate the growth of the market for the forecast period 2021-2026. 
Asia-Pacific is estimated to grow at a higher CAGR during the forecast period 2021-2026 owing to rising health concern and increasing purchasing power in the emerging markets.

Almond Ingredient Market Drivers

Rising health concern is increasing the demand for almond-based products.

The rising obese and geriatric population is driving the market Almond Ingredient Markets for the forecast period 2021-2026. As almonds are known to prevent bad cholesterol and provide great source of vitamin and minerals to the body is increasing their demand for consumption. Also, to prevent diseases among the geriatric population the adoption of healthy eating including almond-based products have increased in the developed nations. Thus, increasing the growth of the Almond Ingredient Market during the forecast period 2021-2026.

Increasing consumption towards plant-based convenience food products

As consumers are shifting towards vegan consumption the demand for nutritional food applications have increased. Owing to the awareness about the health benefits from almond their applications have increased as snacking products such as health bars. Also, almond provides crunchiness to the food application owing to which they are highly demanded in confectionery and bakery products. Moreover, manufacturers are also launching variety of almond-based products which is also increasing their demand. Thus, increasing the growth of the Almond Ingredient Market during the forecast period 2021-2026.

Almond Ingredient Market Challenges

Fluctuating costs of raw materials

Some of the factors that are set to impede the growth of the Almond Ingredient Market are variation in production of almonds which fluctuates its pricing leading to rise or fall. And changes in government tariff policies results into change in the demand needs for almonds is restraining the Almond Ingredient Market to grow during the forecast period 2021-2026.

Almond Ingredient Market Industry Outlook 

Product Launches, Merger & Acquisition, joint ventures, and R&D activities are key strategies adopted by the players in Almond Ingredient Market. Almond Ingredient Market top 10 companies are Dohler GmBH, ConnOils LLC, Valley Harvest Nuts, Royal Nut Company, The Wonderful Company, Olam International Limited, Barry Callebaut,Blue Diamond Growers, Savencia SA, Kanegrade Limited.

Almond Ingredient Market Developments:

  • Oct 2019: Olam International announced its acquisition of Hughson Nut Inc. California based almond ingredient processor and manufacturer and real estate assets from APB Partners of worth $54million. The acquisition will help Olam International in expansion of its almond ingredient capacity and by leveraging the manufacturing capabilities of Hughson Nut will further help in targeting new customer base in food segment, manufacturing, and e-commerce.

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1. Almond Ingredient Market Overview
    1.1 Definitions and Scope
2. Almond Ingredient Market  - Executive Summary
    2.1 Market Revenue and Key Trends by Company
    2.2 Key trends by Source
    2.3 Key trends by Application
    2.4 Key trends by Geography
3. Almond Ingredient Market –Comparative Analysis
    3.1 Product Benchmarking - Key companies
    3.2 Financials Analysis - Key Companies
    3.3 Market Share Analysis- Key Companies
    3.4 Patent Analysis 
    3.5 Pricing Analysis
4. Almond Ingredient Market- Startup companies Scenario Premium Premium  
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Application Analysis
        4.1.4 Venture Capital and Funding Scenario
5. Almond Ingredient Market – Industry Market Entry Scenario Premium Premium  
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Almond Ingredient Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters Five Force Model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes 
7. Almond Ingredient Market -Strategic analysis
    7.1 Value chain analysis 
    7.2 Opportunities analysis
    7.3 Market life cycle
8. Almond Ingredient Market – By Source (Market Size –$Million/$Billion)
    8.1 Whole Almond
    8.2 Almond Pieces
    8.3 Almond Flour
    8.4 Almond Milk
    8.5 Others
9. Almond Ingredient Market – By Application (Market Size –$Million/$Billion)
    9.1 Snack Bars
    9.2 Bakery
    9.3 Confectionary
    9.4 Milk Substitutes
    9.5 Sweet and Savory
    9.6 Others
10. Almond Ingredient Market -  By Geography (Market Size -$Million/$Billion)
    10.1 North America
        10.1.1 U.S.
        10.1.2 Canada
        10.1.3 Mexico
    10.2 Europe
        10.2.1 U.K.
        10.2.2 Germany
        10.2.3 France
        10.2.4 Italy
        10.2.5 Spain
        10.2.6 Rest of Europe
    10.3  Asia-Pacific
        10.3.1 China
        10.3.2 Japan
        10.3.3 South Korea
        10.3.4 India
        10.3.5 Australia & New Zealand
        10.3.6 Rest of APAC
    10.4 Rest of the World
        10.4.1 Middle East
        10.4.2 Africa
        10.4.3 South America
11. Almond Ingredient   Market - Entropy
12. Almond Ingredient   Market  – Industry/Segment Competition Landscape      Premium  
    12.1 Market Share Analysis
        12.1.1 Global Market Share – Key Companies
        12.1.2 Market Share by Region – Key companies
        12.1.3 Market Share by Country- Key companies
        12.1.4 Best Practices for Companies
13. Almond Ingredient   Market – Key Company List by Country Premium  Premium
14. Almond Ingredient   Market Company Analysis
    14.1 Company Revenue, Products, M&A, Developments
    14.2 Dohler Gmbh
    14.3 ConnOils LLC
    14.4 Valley Harvest Nut
    14.5 Royal Nut Company
    14.6 The Wonderful Company
    14.7 Olam International Limited
    14.8 Barry Callebaut
    14.9 Blue Diamond Growers
    14.10 Savencia SA
    14.11 Kanegrade Limited
 *Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global Almond Ingredients Market, By Type Market 2019-2024 ($M)
1.1 Whole Almonds Market 2019-2024 ($M) - Global Industry Research
1.1.1 Rise in Trend of Consuming Healthier Food to Drive the Market Market 2019-2024 ($M)
1.2 Almond Pieces Market 2019-2024 ($M) - Global Industry Research
1.2.1 Presence of Wide Range Almond Pieces for Various Applications Market 2019-2024 ($M)
1.3 Almond Flour Market 2019-2024 ($M) - Global Industry Research
1.3.1 The Demand for Gluten-Free Food Products to Drive the Market Market 2019-2024 ($M)
1.4 Almond Paste Market 2019-2024 ($M) - Global Industry Research
1.4.1 Application in Marzipan and Almond Milk to Drive the Market Market 2019-2024 ($M)
1.5 Almond Milk Market 2019-2024 ($M) - Global Industry Research
1.5.1 Rise in Cases of Lactose Intolerance and Milk Allergies to Drive the Market for Almond Milk Market 2019-2024 ($M)
1.5.2 Almond Oil and Extracts to Contribute to the Market Market 2019-2024 ($M)
2.Global Almond Ingredients Market, By Type Market 2019-2024 (Volume/Units)
2.1 Whole Almonds Market 2019-2024 (Volume/Units) - Global Industry Research
2.1.1 Rise in Trend of Consuming Healthier Food to Drive the Market Market 2019-2024 (Volume/Units)
2.2 Almond Pieces Market 2019-2024 (Volume/Units) - Global Industry Research
2.2.1 Presence of Wide Range Almond Pieces for Various Applications Market 2019-2024 (Volume/Units)
2.3 Almond Flour Market 2019-2024 (Volume/Units) - Global Industry Research
2.3.1 The Demand for Gluten-Free Food Products to Drive the Market Market 2019-2024 (Volume/Units)
2.4 Almond Paste Market 2019-2024 (Volume/Units) - Global Industry Research
2.4.1 Application in Marzipan and Almond Milk to Drive the Market Market 2019-2024 (Volume/Units)
2.5 Almond Milk Market 2019-2024 (Volume/Units) - Global Industry Research
2.5.1 Rise in Cases of Lactose Intolerance and Milk Allergies to Drive the Market for Almond Milk Market 2019-2024 (Volume/Units)
2.5.2 Almond Oil and Extracts to Contribute to the Market Market 2019-2024 (Volume/Units)
3.North America Almond Ingredients Market, By Type Market 2019-2024 ($M)
3.1 Whole Almonds Market 2019-2024 ($M) - Regional Industry Research
3.1.1 Rise in Trend of Consuming Healthier Food to Drive the Market Market 2019-2024 ($M)
3.2 Almond Pieces Market 2019-2024 ($M) - Regional Industry Research
3.2.1 Presence of Wide Range Almond Pieces for Various Applications Market 2019-2024 ($M)
3.3 Almond Flour Market 2019-2024 ($M) - Regional Industry Research
3.3.1 The Demand for Gluten-Free Food Products to Drive the Market Market 2019-2024 ($M)
3.4 Almond Paste Market 2019-2024 ($M) - Regional Industry Research
3.4.1 Application in Marzipan and Almond Milk to Drive the Market Market 2019-2024 ($M)
3.5 Almond Milk Market 2019-2024 ($M) - Regional Industry Research
3.5.1 Rise in Cases of Lactose Intolerance and Milk Allergies to Drive the Market for Almond Milk Market 2019-2024 ($M)
3.5.2 Almond Oil and Extracts to Contribute to the Market Market 2019-2024 ($M)
4.South America Almond Ingredients Market, By Type Market 2019-2024 ($M)
4.1 Whole Almonds Market 2019-2024 ($M) - Regional Industry Research
4.1.1 Rise in Trend of Consuming Healthier Food to Drive the Market Market 2019-2024 ($M)
4.2 Almond Pieces Market 2019-2024 ($M) - Regional Industry Research
4.2.1 Presence of Wide Range Almond Pieces for Various Applications Market 2019-2024 ($M)
4.3 Almond Flour Market 2019-2024 ($M) - Regional Industry Research
4.3.1 The Demand for Gluten-Free Food Products to Drive the Market Market 2019-2024 ($M)
4.4 Almond Paste Market 2019-2024 ($M) - Regional Industry Research
4.4.1 Application in Marzipan and Almond Milk to Drive the Market Market 2019-2024 ($M)
4.5 Almond Milk Market 2019-2024 ($M) - Regional Industry Research
4.5.1 Rise in Cases of Lactose Intolerance and Milk Allergies to Drive the Market for Almond Milk Market 2019-2024 ($M)
4.5.2 Almond Oil and Extracts to Contribute to the Market Market 2019-2024 ($M)
5.Europe Almond Ingredients Market, By Type Market 2019-2024 ($M)
5.1 Whole Almonds Market 2019-2024 ($M) - Regional Industry Research
5.1.1 Rise in Trend of Consuming Healthier Food to Drive the Market Market 2019-2024 ($M)
5.2 Almond Pieces Market 2019-2024 ($M) - Regional Industry Research
5.2.1 Presence of Wide Range Almond Pieces for Various Applications Market 2019-2024 ($M)
5.3 Almond Flour Market 2019-2024 ($M) - Regional Industry Research
5.3.1 The Demand for Gluten-Free Food Products to Drive the Market Market 2019-2024 ($M)
5.4 Almond Paste Market 2019-2024 ($M) - Regional Industry Research
5.4.1 Application in Marzipan and Almond Milk to Drive the Market Market 2019-2024 ($M)
5.5 Almond Milk Market 2019-2024 ($M) - Regional Industry Research
5.5.1 Rise in Cases of Lactose Intolerance and Milk Allergies to Drive the Market for Almond Milk Market 2019-2024 ($M)
5.5.2 Almond Oil and Extracts to Contribute to the Market Market 2019-2024 ($M)
6.APAC Almond Ingredients Market, By Type Market 2019-2024 ($M)
6.1 Whole Almonds Market 2019-2024 ($M) - Regional Industry Research
6.1.1 Rise in Trend of Consuming Healthier Food to Drive the Market Market 2019-2024 ($M)
6.2 Almond Pieces Market 2019-2024 ($M) - Regional Industry Research
6.2.1 Presence of Wide Range Almond Pieces for Various Applications Market 2019-2024 ($M)
6.3 Almond Flour Market 2019-2024 ($M) - Regional Industry Research
6.3.1 The Demand for Gluten-Free Food Products to Drive the Market Market 2019-2024 ($M)
6.4 Almond Paste Market 2019-2024 ($M) - Regional Industry Research
6.4.1 Application in Marzipan and Almond Milk to Drive the Market Market 2019-2024 ($M)
6.5 Almond Milk Market 2019-2024 ($M) - Regional Industry Research
6.5.1 Rise in Cases of Lactose Intolerance and Milk Allergies to Drive the Market for Almond Milk Market 2019-2024 ($M)
6.5.2 Almond Oil and Extracts to Contribute to the Market Market 2019-2024 ($M)
7.MENA Almond Ingredients Market, By Type Market 2019-2024 ($M)
7.1 Whole Almonds Market 2019-2024 ($M) - Regional Industry Research
7.1.1 Rise in Trend of Consuming Healthier Food to Drive the Market Market 2019-2024 ($M)
7.2 Almond Pieces Market 2019-2024 ($M) - Regional Industry Research
7.2.1 Presence of Wide Range Almond Pieces for Various Applications Market 2019-2024 ($M)
7.3 Almond Flour Market 2019-2024 ($M) - Regional Industry Research
7.3.1 The Demand for Gluten-Free Food Products to Drive the Market Market 2019-2024 ($M)
7.4 Almond Paste Market 2019-2024 ($M) - Regional Industry Research
7.4.1 Application in Marzipan and Almond Milk to Drive the Market Market 2019-2024 ($M)
7.5 Almond Milk Market 2019-2024 ($M) - Regional Industry Research
7.5.1 Rise in Cases of Lactose Intolerance and Milk Allergies to Drive the Market for Almond Milk Market 2019-2024 ($M)
7.5.2 Almond Oil and Extracts to Contribute to the Market Market 2019-2024 ($M)

LIST OF FIGURES

1.US Almond Ingredients Market Revenue, 2019-2024 ($M)
2.Canada Almond Ingredients Market Revenue, 2019-2024 ($M)
3.Mexico Almond Ingredients Market Revenue, 2019-2024 ($M)
4.Brazil Almond Ingredients Market Revenue, 2019-2024 ($M)
5.Argentina Almond Ingredients Market Revenue, 2019-2024 ($M)
6.Peru Almond Ingredients Market Revenue, 2019-2024 ($M)
7.Colombia Almond Ingredients Market Revenue, 2019-2024 ($M)
8.Chile Almond Ingredients Market Revenue, 2019-2024 ($M)
9.Rest of South America Almond Ingredients Market Revenue, 2019-2024 ($M)
10.UK Almond Ingredients Market Revenue, 2019-2024 ($M)
11.Germany Almond Ingredients Market Revenue, 2019-2024 ($M)
12.France Almond Ingredients Market Revenue, 2019-2024 ($M)
13.Italy Almond Ingredients Market Revenue, 2019-2024 ($M)
14.Spain Almond Ingredients Market Revenue, 2019-2024 ($M)
15.Rest of Europe Almond Ingredients Market Revenue, 2019-2024 ($M)
16.China Almond Ingredients Market Revenue, 2019-2024 ($M)
17.India Almond Ingredients Market Revenue, 2019-2024 ($M)
18.Japan Almond Ingredients Market Revenue, 2019-2024 ($M)
19.South Korea Almond Ingredients Market Revenue, 2019-2024 ($M)
20.South Africa Almond Ingredients Market Revenue, 2019-2024 ($M)
21.North America Almond Ingredients By Application
22.South America Almond Ingredients By Application
23.Europe Almond Ingredients By Application
24.APAC Almond Ingredients By Application
25.MENA Almond Ingredients By Application
26.Archer Daniels Midland Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Olam International Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Barry Callebaut Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Blue Diamond Growers, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.John B. Sanfilippo & Son, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Borges Agricultural & Industrial Nuts, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Savencia SA, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Kanegrade Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.The Wonderful Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Harris Woolf California Almonds, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Treehouse California Almonds, Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.Royal Nut Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
38.Dhler GmbH, Sales /Revenue, 2015-2018 ($Mn/$Bn)