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Global Almond Flour Market: By Type: Natural, Blanched; By Application: Bakery, Confectionery, Cosmetics, Others; By End Use: Commercial, Household; By Distribution Channel: Online, Offline; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Almond Flour Market Outlook

The global almond flour market attained a value of USD 932 million in 2020. The market is further expected to grow in the forecast period of 2021-2026 at a CAGR of 9.2% to reach USD 1581 million by 2026.

 

Global Almond Flour Market

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Increasing Standard of Living Expected to Aid the Growth of Almond Flour Industry

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: Definition and Segmentation

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.

 

Global Almond Flour Market By Application

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The major types of almond flour are:

  • Natural
  • Blanched

The market can be broadly categorised on the basis of its applications into:

  • Bakery
  • Confectionery 
  • Cosmetics
  • Others

The market can be broadly categorised on the basis of its end use are:

  • Household
  • Commercial

The market, on basis of distribution channel, is divided into:

  • Offline
  • Online

The EMR report looks into the regional markets of almond flour in North America, Europe, Asia Pacific, Latin America, Middle East and Africa.

 

Global Almond Flour Market By Region

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Rising Demand for Blanched Almond Flour from Confectionery and Bakery Sector to Boost the Market Growth

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.

 

Key Industry Players in the Global Almond Flour 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:

  • Almondco Australia Ltd.
  • Cargill Incorporated
  • Barney Butter
  • Blue Diamond Growers
  • Bob’s Red Mill Natural Foods
  • Oleander Bio, SA
  • Others

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.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Almond Flour Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Almond Flour Historical Market (2016-2020) 
    8.3    Global Almond Flour Market Forecast (2021-2026)
    8.4    Global Almond Flour Market by Type
        8.4.1    Natural
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Blanched
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
    8.5    Global Almond Flour Market by Application
        8.5.1    Bakery
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Confectionery
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Cosmetics
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
        8.5.4    Others
    8.6    Global Almond Flour Market by End Use
        8.6.1    Commercial
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Household
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
    8.7    Global Almond Flour Market by Distribution Channel
        8.7.1    Online
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2016-2020)
            8.7.1.3    Forecast Trend (2021-2026)
        8.7.2    Offline
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2016-2020)
            8.7.2.3    Forecast Trend (2021-2026)
    8.8    Global Almond Flour Market by Region
        8.8.1    Market Share
            8.8.1.1    North America
            8.8.1.2    Europe
            8.8.1.3    Asia Pacific
            8.8.1.4    Latin America
            8.8.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

    12.1    North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.2    Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.3    Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.4    Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.5    Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
13    Competitive Landscape
    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    Almondco Australia Ltd.
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    Cargill Incorporated
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    Barney Butter
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    Blue Diamond Growers
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    Bob’s Red Mill Natural Foods
            13.2.5.1    Company Overview
            13.2.5.2    Product Portfolio
            13.2.5.3    Demographic Reach and Achievements
            13.2.5.4    Certifications
        13.2.6    Oleander Bio, SA
            13.2.6.1    Company Overview
            13.2.6.2    Product Portfolio
            13.2.6.3    Demographic Reach and Achievements
            13.2.6.4    Certifications
        13.2.7    Others
14    Industry Events and Developments

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment

 

List of Figures and Tables

1.    Global Almond Flour Market: Key Industry Highlights, 2016 and 2026
2.    Global Almond Flour Historical Market: Breakup by Source (USD Million), 2016-2020
3.    Global Almond Flour Market Forecast: Breakup by Source (USD Million), 2021-2026
4.    Global Almond Flour Historical Market: Breakup by Product Type (USD Million), 2016-2020
5.    Global Almond Flour Market Forecast: Breakup by Product Type (USD Million), 2021-2026
6.    Global Almond Flour Historical Market: Breakup by Distribution Channel (USD Million), 2016-2020
7.    Global Almond Flour Market Forecast: Breakup by Distribution Channel (USD Million), 2021-2026
8.    Global Almond Flour Historical Market: Breakup by Application (USD Million), 2016-2020
9.    Global Almond Flour Market Forecast: Breakup by Application (USD Million), 2021-2026
10.    Global Almond Flour Historical Market: Breakup by Region (USD Million), 2016-2020
11.    Global Almond Flour Market Forecast: Breakup by Region (USD Million), 2021-2026
12.    North America Almond Flour Historical Market: Breakup by Country (USD Million), 2016-2020
13.    North America Almond Flour Market Forecast: Breakup by Country (USD Million), 2021-2026
14.    Europe Almond Flour Historical Market: Breakup by Country (USD Million), 2016-2020
15.    Europe Almond Flour Market Forecast: Breakup by Country (USD Million), 2021-2026
16.    Asia Pacific Almond Flour Historical Market: Breakup by Country (USD Million), 2016-2020
17.    Asia Pacific Almond Flour Market Forecast: Breakup by Country (USD Million), 2021-2026
18.    Latin America Almond Flour Historical Market: Breakup by Country (USD Million), 2016-2020
19.    Latin America Almond Flour Market Forecast: Breakup by Country (USD Million), 2021-2026
20.    Middle East and Africa Almond Flour Historical Market: Breakup by Country (USD Million), 2016-2020
21.    Middle East and Africa Almond Flour Market Forecast: Breakup by Country (USD Million), 2021-2026
22.    North America Historical Price Trends and Forecast 2016-2026
23.    Europe Historical Price Trends and Forecast 2016-2026
24.    Asia Pacific Historical Price Trends and Forecast 2016-2026
25.    Latin America Historical Price Trends and Forecast 2016-2026
26.    Middle East and Africa Historical Price Trends and Forecast 2016-2026
27.    Global Almond Flour Market Structure

Key Questions Answered in the Report

In 2020, the global almond flour market attained a value of nearly USD 932 million.

The market is projected to grow at a CAGR of 9.2% between 2021 and 2026.

The market is estimated to witness a healthy growth in the forecast period of 2021-2026 to reach USD 1581 million by 2026.

The major industry drivers include the growing interest of individuals in the heathier alternatives of foods, and rising demand from the cosmetic industry, among other factors.

The recent and mostly followed trend of vegan diets and a hunt for better and healthier food supplements, along with the rising use of almond flour in the confectionery sector, is expected to aid the market growth.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major types of almond flour in the industry are blanched and natural.

The different applications of the almond flour in the industry 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 industry are Almondco Australia Ltd., Cargill Incorporated, Barney Butter, Blue Diamond Growers, Bob’s Red Mill Natural Foods, and Oleander Bio, SA, among others.

Analyst Review

The global almond flour market attained a value of about USD 932 million in 2020, driven by the rising prevalence of health among the population. Aided by the growing demand for the blanched form of almond flour in bakery, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 9.2%. The market is projected to reach about USD 1581 million by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the almond flour industry can be segmented into blanched and natural. By application, the industry is divided into bakery, confectionery, and cosmetics, among others. On the basis of end uses, the industry is categorised into commercial and household. On the basis of distribution channels, the industry is divided into online and offline. The major regional markets for almond flour are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Almondco Australia Ltd., Cargill Incorporated, Barney Butter, Blue Diamond Growers, Bob’s Red Mill Natural Foods, and Oleander Bio, SA, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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