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Global Almond Ingredients Market: By Type: Whole Almonds, Almond Pieces, Almond Flour, Almond Milk, Others; By Applications: Bakery & Confectionery, Milk Substitutes & Ice Creams, Nut & Seed Butters, RTE Cereals; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments
Global Almond Ingredients Market Outlook
The global almond ingredients market is estimated at USD 9.2 billion in 2020 and is expected to reach USD 16.7 billion by 2026, recording a CAGR of 10.46% from 2021 to 2026.
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Almond is one of the nutritionally rich products as it includes carbohydrates, protein, vitamins, and other minerals. Almond ingredients are almond products, available in various forms, including pieces, flour, milk, and other products. Almond components have positive health characteristics, and a huge number of the population consumes them. For instance, almond milk and the almond ingredient is commonly used by those customers who demonstrate intolerance to lactose. Furthermore, almond ingredients are widely used for applications such as bakery, confectionery, sweets and bars, ice creams, and others.
Properties and Applications
The almond ingredients market can be divided on the basis of segments like type and applications.
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The industry can be broadly categorised on the basis of type into:
- Whole Almonds
- Almond Pieces
- Almond Flour
- Almond Milk
- Others
The industry can be divided on the basis of applications as:
- Bakery and Confectionery
- Milk Substitutes and Ice Creams
- Nut and Seed Butters
- RTE Cereals
- Others
The EMR report looks into the regional almond ingredients markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific regions.
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Market Analysis
The market growth of almond ingredients is ascribed to the increasing snack food industry, the inclusion of health-based ingredients, the rising introduction of almond-based goods, associations, and organizations supporting the sector of almond ingredients, and technological advances allowing raw material trade. The increasing demand for almond creates the demand-supply gap for the products and results in elevated almond prices worldwide. In addition, increasing incidences of almond allergy or customer intolerance are one of the problems faced by the almond ingredients market that needs to be addressed in the forecast period. The global fluctuating almond price is one of the restraining factors that affect the demand for almond products. The rising raw material prices and cases of allergies to plant nuts also function as limitations to the almond ingredients market growth.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global almond ingredients market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Archer Daniels Midland Company (NYSE: ADM)
- Olam International Limited
- Barry Callebaut Group
- Blue Diamond Growers
- John B. Sanfilippo & Son
- Borges Agricultural & Industrial Nuts (Bain)
- Savencia SA
- Kanegrade Limited
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.
Key Questions Answered in the Market Report
- How has the global almond ingredients market performed in the previous years (2016-2020)?
- What is the forecast assessment of the almond ingredients market for 2021-2026?
- What are the major drivers in the historical (2016-2020) and forecast (2021-2026) periods?
- What are the major constraints in the historical (2016-2020) and forecast (2021-2026) periods?
- What are the major demand indicators of the global almond ingredients market?
- What is the degree of competition in the global almond ingredients market?
- What are the major events and developments taking place within the global industry?
*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
1.1 Objectives of the Study
1.2 Key findings of the Study
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.4 Inference Data
3 Executive Summary
3.1 Market Overview
3.2 Market Analysis
4 Global Almond Ingredients Market
4.1 Global Almond Ingredients Historical Market (2016-2020) & Forecast (2021-2026)
4.2 Global Almond Ingredients Market Breakup by Type
4.2.1 Whole Almonds
4.2.2 Almond Pieces
4.2.3 Almond Flour
4.2.4 Almond Milk
4.2.5 Others
4.3 Global Almond Ingredients Market Breakup by Type: Historical Market (2016-2020) & Forecast (2021-2026)
4.3.1 Whole Almonds
4.3.2 Almond Pieces
4.3.3 Almond Flour
4.3.4 Almond Milk
4.3.5 Others
4.4 Global Almond Ingredients Market Breakup by Applications
4.4.1 Bakery & Confectionery
4.4.2 Milk Substitutes & Ice Creams
4.4.3 Nut & Seed Butters
4.4.4 RTE Cereals
4.4.5 Others
4.5 Global Almond Ingredients Market Breakup by Applications: Historical Market (2016-2020) & Forecast (2021-2026)
4.5.1 Bakery & Confectionery
4.5.2 Milk Substitutes & Ice Creams
4.5.3 Nut & Seed Butters
4.5.4 RTE Cereals
4.5.5 Others
4.6 Global Almond Ingredients Market Breakup by Region
4.6.1 North America
4.6.1.1 United States of America
4.6.1.2 Canada
4.6.2 Europe
4.6.2.1 Germany
4.6.2.2 United Kingdom
4.6.2.3 France
4.6.2.4 Italy
4.6.2.5 Others
4.6.3 Asia Pacific
4.6.3.1 China
4.6.3.2 Japan
4.6.3.3 India
4.6.3.4 ASEAN
4.6.3.5 Others
4.6.4 Latin America
4.6.4 Latin America
4.6.4.1 Brazil
4.6.4.2 Argentina
4.6.4.3 Mexico
4.6.4.4 Others
4.6.5 Middle East & Africa
4.6.5.1 Saudi Arabia
4.6.5.2 United Arab Emirates
4.6.5.3 Nigeria
4.6.5.4 South Africa
4.6.5.5 Others
4.7 Global Almond Ingredients Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
4.7.1 North America
4.7.1.1 United States of America
4.7.1.2 Canada
4.7.2 Europe
4.7.2.1 Germany
4.7.2.2 United Kingdom
4.7.2.3 France
4.7.2.4 Italy
4.7.2.5 Others
4.7.3 Asia Pacific
4.7.3.1 China
4.7.3.2 Japan
4.7.3.3 India
4.7.3.4 ASEAN
4.7.3.5 Others
4.7.4 Latin America
4.7.4.1 Brazil
4.7.4.2 Argentina
4.7.4.3 Mexico
4.7.4.4 Others
4.7.5 Middle East & Africa
4.7.5.1 Saudi Arabia
4.7.5.2 United Arab Emirates
4.7.5.3 Nigeria
4.7.5.4 South Africa
4.7.5.5 Others
5 SWOT Analysis
5.1 Overview
5.2 Strengths
5.3 Weaknesses
5.4 Opportunities
5.5 Threats
6 Porter’s Five Forces Analysis
6.1 Overview
6.2 Buyer’s Power
6.3 Supplier’s Power
6.4 New Entrants
6.5 Degree of Rivalry
6.6 Substitutes
7 Key Players & Company Profile Analysis
7.1 Archer Daniels Midland Company, ADM (NYSE)
7.2 Olam International Limited, O32 (SGX)
7.3 Barry Callebaut Group, BARN (SWX)
7.4 Blue Diamond Growers
7.5 John B. Sanfilippo & Son, JBSS (NASDAQ)
7.6 Borges Agricultural & Industrial Nuts (Bain)
7.7 Savencia SA
7.8 Kanegrade Limited
7.9 Others
8 Industry Events and Developments
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