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Global Almond Flour Market Size, Share, Growth, Forecast: By Type: Natural, Blanched; By Application: Bakery, Confectionery, Cosmetics, Others; By End Use: Commercial, Household; By Distribution Channel: Online, Offline; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Global Almond Flour Market Outlook
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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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.
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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.
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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.
Key Highlights of the Report
| 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. |
*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.
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 Opportunities and Challenges in the Market
8 Global Almond Flour Market Analysis
8.1 Key Industry Highlights
8.2 Global Almond Flour Historical Market (2018-2023)
8.3 Global Almond Flour Market Forecast (2024-2032)
8.4 Global Almond Flour Market by Type
8.4.1 Natural
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Blanched
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Almond Flour Market by Application
8.5.1 Bakery
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Confectionery
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Cosmetics
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Almond Flour Market by End Use
8.6.1 Commercial
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Household
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Almond Flour Market by Distribution Channel
8.7.1 Online
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Offline
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.8 Global Almond Flour Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Almond Flour Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Almond Flour Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Almond Flour Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Almond Flour Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Almond Flour Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
16.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Almondco Australia Ltd.
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Cargill Incorporated
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Barney Butter
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Blue Diamond Growers
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Bob’s Red Mill Natural Foods
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Oleander Bio, SA
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.3.7 Others
18 Key Trends and Developments in the Market
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 Key Figures and Tables
1. Global Almond Flour Market: Key Industry Highlights, 2018 and 2032
2. Global Almond Flour Historical Market: Breakup by Source (USD Million), 2018-2023
3. Global Almond Flour Market Forecast: Breakup by Source (USD Million), 2024-2032
4. Global Almond Flour Historical Market: Breakup by Product Type (USD Million), 2018-2023
5. Global Almond Flour Market Forecast: Breakup by Product Type (USD Million), 2024-2032
6. Global Almond Flour Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
7. Global Almond Flour Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
8. Global Almond Flour Historical Market: Breakup by Application (USD Million), 2018-2023
9. Global Almond Flour Market Forecast: Breakup by Application (USD Million), 2024-2032
10. Global Almond Flour Historical Market: Breakup by Region (USD Million), 2018-2023
11. Global Almond Flour Market Forecast: Breakup by Region (USD Million), 2024-2032
12. North America Almond Flour Historical Market: Breakup by Country (USD Million), 2018-2023
13. North America Almond Flour Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Europe Almond Flour Historical Market: Breakup by Country (USD Million), 2018-2023
15. Europe Almond Flour Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Asia Pacific Almond Flour Historical Market: Breakup by Country (USD Million), 2018-2023
17. Asia Pacific Almond Flour Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Latin America Almond Flour Historical Market: Breakup by Country (USD Million), 2018-2023
19. Latin America Almond Flour Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Middle East and Africa Almond Flour Historical Market: Breakup by Country (USD Million), 2018-2023
21. Middle East and Africa Almond Flour Market Forecast: Breakup by Country (USD Million), 2024-2032
22. North America Historical Price Trends and Forecast 2018-2028
23. Europe Historical Price Trends and Forecast 2018-2028
24. Asia Pacific Historical Price Trends and Forecast 2018-2028
25. Latin America Historical Price Trends and Forecast 2018-2028
26. Middle East and Africa Historical Price Trends and Forecast 2018-2028
27. Global Almond Flour Market Structure
Key Questions Answered in the Report
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.
Analyst Review
The global almond flour market attained a value of about USD 1,213.63 million in 2023, 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 2024-2032, growing at a CAGR of 9.2%. The market is projected to reach about USD 2,680.83 million by 2032.
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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