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Global Almond Ingredients Market: By Type: Whole Almonds, Almond Pieces, Almond Flour, Almond Milk, Others; By Applications: Bakery and Confectionery, Milk Substitutes and Ice Creams, Nut and Seed Butters, RTE Cereals; Regional Analysis; Historical Market and Forecast (2017-2027); 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.

 

Global Almond Ingredients Market

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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.

 

Global Almond Ingredients Market By Type

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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.

 

Global Almond Ingredients Market By Region

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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, Inc.
  • Borges Agricultural & Industrial Nuts, S.A.
  • Kanegrade Ltd
  • Almondco Australia Ltd
  • 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.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Applications, Region
Breakup by Type Whole Almonds, Almond Pieces, Almond Flour, Almond Milk, Others
Breakup by Applications Bakery & Confectionery, Milk Substitutes & Ice Creams, Nut & Seed Butters, RTE Cereals, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered 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., Almondco Australia Ltd, Others
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.

 

*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 Ingredients Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Almond Ingredients Historical Market (2017-2021) 
    8.3    Global Almond Ingredients Market Forecast (2022-2027)
    8.4    Global Almond Ingredients Market by Type
        8.4.1    Whole Almonds  
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Almond Pieces
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Almond Flour 
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
        8.4.4    Almond Milk   
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2017-2021)
            8.4.4.3    Forecast Trend (2022-2027)
        8.4.5    Others
    8.5    Global Almond Ingredients Market by Application
        8.5.1    Bakery and Confectionery   
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Milk Substitutes and Ice Creams 
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Nut and Seed Butters  
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    RTE Cereals   
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2017-2021)
            8.5.4.3    Forecast Trend (2022-2027)
        8.5.5    Others
    8.6    Global Almond Ingredients Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        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 (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        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    Spain
            9.2.3.6    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        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 (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        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 (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        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    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Olam International Limited
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Barry Callebaut Group
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Blue Diamond Growers
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Kanegrade Ltd
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Archer Daniels Midland Company (NYSE: ADM)
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    John B. Sanfilippo & Son, Inc.
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Borges Agricultural & Industrial Nuts, S.A.
            12.2.7.1    Company Overview
            12.2.7.2    Product Portfolio
            12.2.7.3    Demographic Reach and Achievements
            12.2.7.4    Certifications
        12.2.8    Almondco Australia Ltd
            12.2.8.1    Company Overview
            12.2.8.2    Product Portfolio
            12.2.8.3    Demographic Reach and Achievements
            12.2.8.4    Certifications
        12.2.9    Others
13    Industry Events and Developments


List of Key Figures and Tables

1.    Global Almond Ingredients Market: Key Industry Highlights, 2017 and 2027
2.    Global Almond Ingredients Historical Market: Breakup by Type (USD Billion), 2017-2021
3.    Global Almond Ingredients Market Forecast: Breakup by Type (USD Billion), 2022-2027
4.    Global Almond Ingredients Historical Market: Breakup by Application (USD Billion), 2017-2021
5.    Global Almond Ingredients Market Forecast: Breakup by Application (USD Billion), 2022-2027
6.    Global Almond Ingredients Historical Market: Breakup by Region (USD Billion), 2017-2021
7.    Global Almond Ingredients Market Forecast: Breakup by Region (USD Billion), 2022-2027
8.    North America Almond Ingredients Historical Market: Breakup by Country (USD Billion), 2017-2021
9.    North America Almond Ingredients Market Forecast: Breakup by Country (USD Billion), 2022-2027
10.    Europe Almond Ingredients Historical Market: Breakup by Country (USD Billion), 2017-2021
11.    Europe Almond Ingredients Market Forecast: Breakup by Country (USD Billion), 2022-2027
12.    Asia Pacific Almond Ingredients Historical Market: Breakup by Country (USD Billion), 2017-2021
13.    Asia Pacific Almond Ingredients Market Forecast: Breakup by Country (USD Billion), 2022-2027
14.    Latin America Almond Ingredients Historical Market: Breakup by Country (USD Billion), 2017-2021
15.    Latin America Almond Ingredients Market Forecast: Breakup by Country (USD Billion), 2022-2027
16.    Middle East and Africa Almond Ingredients Historical Market: Breakup by Country (USD Billion), 2017-2021
17.    Middle East and Africa Almond Ingredients Market Forecast: Breakup by Country (USD Billion), 2022-2027
18.    Global Almond Ingredients Market Structure

Key Questions Answered in the Report

In 2020, the global almond ingredients market attained a value of nearly USD 9.2 billion.

The market is projected to grow at a CAGR of 10.46% between 2021 and 2026.

The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach almost USD 16.7 billion by 2026.

The major drivers of the market include the growing snack food industry and the rising demand for lactose free food.

Increasing inclusion of health-based ingredients in food is the key industry trend propelling the growth of the market.

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

The leading types of almond ingredients in the industry are whole almonds, almond pieces, almond flour, and almond milk, among others.

The significant application segments in the market are bakery and confectionery, milk substitutes and ice creams, nut and seed butters, and RTE cereals, among others.

The major players in the industry 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.

Analyst Review

The global almond ingredients market attained a value of USD 9.2 billion in 2020, driven by the growing snack food industry. Aided by the increasing inclusion of health-based ingredients in food, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 10.46%. The market is projected to reach USD 16.7 billion by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the almond ingredients industry can be segmented into whole almonds, almond pieces, almond flour, almond milk, and others. On the basis of application, the almond ingredients market is divided into bakery and confectionery, milk substitutes and ice creams, nut and seed butters, RTE cereals, and others. The major regional markets for almond ingredients are North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific. The key players in the above market include 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.

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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