Press Release
Press Release
The global almond ingredients market is being driven by the growing health consciousness among the consumers. Almonds are a source of vitamin E, magnesium, and high-quality proteins. The key contributor to the almond ingredients market growth is the increasing demand for healthy snacking options such as snack bars as several cereal-based and granola snack bars manufacturers incorporate almond-based ingredients in their products to provide consumers with a healthier snack bar alternatives. The rise in demand for plant-based protein and beverages and natural and low sugar ingredients are other factors propelling the market growth.
The market is also expected to be driven by the rising M&A activities in the industry and expansions of capacities being undertaken by key players in the industry. In 2016, Barry Callebaut Group acquired the assets of American Almond Products Co., Inc to expand their product portfolio of specialty/nut-based products and strengthen their market position in adjacent ingredients products. With almond ingredients being increasingly incorporated into confectionery items, such acquisitions by the key players in the industry had influenced the market positively. More recently, Almondco Australia Ltd announced that it is expanding its facility at Riverland, including its almond processing segment. The facility is expected to double in size by 2026. Such planned expansions are expected to significantly add to the market growth in the forecast period.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The major players in the global almond ingredients market are Olam International Limited, Barry Callebaut Group, Blue Diamond Growers, Kanegrade Ltd, Archer Daniels Midland Company (NYSE: ADM), John B. Sanfilippo & Son, Inc., Borges Agricultural & Industrial Nuts, S.A., and Almondco Australia Ltd, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.