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The global almond flour market attained a value of USD 1,213.63 million in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 9.2% to reach USD 2,680.83 million by 2032.
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Rapid urbanisation and increasing living standards are enhancing the market growth of almond flour, as people living in urban areas are receptive to new ingredients in their food. Further, growing concern for health and trending diets among the population are leading people to prefer foods that are good for their health, in the short run as well as in the long run, due to which there is a switch towards almond flour, which is good for health. In addition, people are searching for alternatives for the unhealthier versions of food items. Almond flour is a good option, which is preferred by people since it contains all the properties that a person needs, such as low carbs, and various nutritional aspects. The growing demand for almond flour is impacting the global almond flour industry to expand further.
Almond flour is made from pulverised sweet almonds and then processed into various forms depending on its use in the food and beverage industry. Almond flour is available in two types: ultra-fine blanched and fine natural. Vitamin E, vitamin A, vitamin B, minerals, omega fatty acids, protein, and other nutrients are abundant in almond flour.
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The major types of almond flour are:
The market can be broadly categorised on the basis of its applications into:
The market can be broadly categorised on the basis of its end use are:
The market, on basis of distribution channel, is divided into:
The EMR report looks into the regional markets of almond flour in North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
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There is rising demand for almond flour in the bakery and confectionery sector due to its properties like rich in omega, vitamins and other enriching supplements, which makes almond flour highly preferable. Almond flour provides better consistency and offers similar results as compared to wheat flour. Almond flour is healthier and can be used for making cakes, pastries, cookies, and other bakery products. Growing demand for innovative cakes is expected to boost the market growth for almond flour.
The main constraint which is impacting the growth of the almond flour industry to some extent is the price factor, as it is an expensive flour as compared to the other alternatives available in the market.
The report presents a detailed analysis of the following key players in the global almond flour market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Application |
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Breakup by End Use |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global almond flour market attained a value of nearly USD 1,213.63 million.
The market is projected to grow at a CAGR of 9.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 2,680.83 million by 2032.
The major market drivers include the growing interest of individuals in the heathier alternatives of foods, and rising demand from the cosmetic industry, among other factors.
The growing popularity of vegan diets, interest in healthier food supplements, and rising use of almond flour in the confectionery sector, are key trends expected to aid the market growth.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major types of almond flour in the market are blanched and natural.
The different applications of the almond flour in the market are bakery, confectionery, and cosmetics, among others.
The various end uses of almond flour are commercial and household.
The significant distribution channels in the market are offline and online.
The major players in the global almond flour market are Almondco Australia Ltd., Cargill Incorporated, Barney Butter, Blue Diamond Growers, Bob’s Red Mill Natural Foods, and Oleander Bio, SA, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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