Almond Ingredients Market Share, Demand, Growth Drivers, Challenges, Future Strategies and Competitive Analysis 2034
Almond Ingredients Market Growth, Size, Trends Analysis- By Type, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: Mar-2025 | Report ID: FOOD2546 | Pages: 1 - 247 | Formats*: |
| Category : Food & Beverages | |||
Almond Ingredients Market Introduction and Overview
According to SPER Market Research, the Global Almond Ingredients Market is estimated to reach USD 42.4 billion by 2034 with a CAGR of 10.76%.
The report includes an in-depth analysis of the Global Almond Ingredients Market, including market size and trends, product mix, Applications, and supplier analysis.
The rising demand for nutritional and health-focused products is a key factor in the growing popularity of almond-based items. As the obese and aging populations in developed countries, like the United States, Germany, and the United Kingdom, seek food products containing nut ingredients, particularly almonds, consumer preferences are shifting towards healthier eating habits to prevent various diseases. Factors such as heightened health awareness, the increasing prevalence of chronic conditions, and changing lifestyles are driving the demand for healthier food choices. Almonds, known for their nutritional benefits, have emerged as a preferred alternative to traditional ingredients. The growing recognition of almonds' health-promoting properties, including their rich content of vitamins, antioxidants, and minerals, is further fueling market growth.
By Type: The bars segment is anticipated to witness the fastest growth in the almond ingredients market during the forecast period. This category has gained significant popularity as consumers increasingly opt for bars as convenient, health-oriented snacks. In recent years, the bars segment has seen considerable expansion, with a notable rise in snack and cereal bar introductions. The potential for innovation in this category remains high, as a large portion of adults regularly consume bars, with breakfast and granola bars being particularly popular. Additionally, almonds are highly favored as an ingredient in bars, as they enhance texture, provide essential nutrients, and improve the overall taste, making them a top choice for consumers seeking both flavor and health benefits.
By Application: The whole almonds segment is expected to hold the largest share in the almond ingredients market throughout the forecast period. Whole almonds have accounted for a significant portion of the global market in recent years, both in blanched and natural forms. Blanched whole almonds are commonly used in confectionery, bakery applications, and as garnishes for desserts, while natural whole almonds find a wide range of uses, including in snacks, confectionery, and bakery products. Natural whole almonds are often consumed as snacks, either flavored or roasted. Both natural and blanched whole almonds are also used in the production of chocolates, either embedded or enrobed. In some regions, whole almonds are even given as gifts during special occasions. The growth of this market has been driven by the rise in global economic standards and an increasing consumer preference for healthier food choices.
By Regional Insights: The Asia Pacific region is expected to experience the highest growth rate during the forecast period. The almond ingredients market in this region is expanding due to changes in consumer lifestyles and rising disposable incomes. As the fastest-growing economy globally, the Asia Pacific market is undergoing significant shifts, including greater diet diversification, rapid urbanization, and the implementation of more liberal trade policies in the food industry. Additionally, growing consumer awareness of health issues, an increasing preference for health-focused food products, higher incomes and purchasing power, and the rapid expansion of the middle class are all key factors contributing to growth opportunities for almond ingredient manufacturers in this region.
Market Competitive Landscape
The market is moderately consolidated. Some of the market key players are ADM, Barry Callebaut, Blue Diamond Growers, Borges Agricultural & Industrial Nuts, ConnOils LLC, Deep Nuts N Flavors LLP, Döhler GmbH, ETChem, Harris Woolf California Almonds, John B. Sanfilippo & Son, Kanegrade, Modern Ingredients, Olam International Limited, Repute Foods Pvt. Ltd, Royal Nut Company, and others.
Recent Developments:
- In January 2023, Califia Farms, a well-known and premium brand in the plant-based beverage industry, expanded its popular lineup of dairy-free products with the launch of USDA-certified Organic Oatmilk and Almondmilk.
- In September 2020, Harris Woolf Almonds introduced two products that provide exceptional value to manufacturers and formulators: a GMO-free roasted almond protein powder with an unparalleled taste, and an unprocessed almond oil made from 100% food-grade almonds, fully traceable back to the farmer.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Type, By Application. |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa. |
| Companies Covered | ADM, Barry Callebaut, Blue Diamond Growers, Borges Agricultural & Industrial Nuts, ConnOils LLC, Deep Nuts N Flavors LLP, Döhler GmbH, ETChem, Harris Woolf California Almonds, John B. Sanfilippo & Son, Kanegrade, Modern Ingredients, Olam International Limited, Repute Foods Pvt. Ltd, Royal Nut Company, and others. |
Key Topics Covered in the Report
- Global Almond Ingredients Market Size (FY’2021-FY’2034)
- Overview of Global Almond Ingredients Market
- Segmentation of Global Almond Ingredients Market By Type (Whole Almonds, Almond Pieces, Almond Flour, Almond Milk, Other types, Sablages, Almond oil, Crocants, Flavor extracts)
- Segmentation of Global Almond Ingredients Market By Application (Snacks, Bars, Bakery, Confectionery, Milk substitutes & ice creams, Nut & Seed butters, RTE Cereals, Other applications, Salads, Sauces, Artisan foods, Food services, Other processed foods, Cosmetic applications)
- Statistical Snap of Global Almond Ingredients Market
- Expansion Analysis of Global Almond Ingredients Market
- Problems and Obstacles in Global Almond Ingredients Market
- Competitive Landscape in the Global Almond Ingredients Market
- Details on Current Investment in Global Almond Ingredients Market
- Competitive Analysis of Global Almond Ingredients Market
- Prominent Players in the Global Almond Ingredients Market
- SWOT Analysis of Global Almond Ingredients Market
- Global Almond Ingredients Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPERs internal database2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Almond Ingredients Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Almond Ingredients Market
7. Global Almond Ingredients Market, By Type, (USD Million) 2021-2034
7.1. Whole Almonds7.2. Almond Pieces7.3. Almond Flour7.4. Almond Milk7.5. Other types7.6. Sablages7.7. Almond oil7.8. Crocants7.9. Flavor extracts
8. Global Almond Ingredients Market, By Application, (USD Million) 2021-2034
8.1. Snacks8.2. Bars8.3. Bakery8.4. Confectionery8.5. Milk substitutes & ice creams8.6. Nut & Seed butters8.7. RTE Cereals8.8. Other applications8.9. Salads8.10. Sauces8.11. Artisan foods8.12. Food services8.13. Other processed foods8.14. Cosmetic applications
9. Global Almond Ingredients Market, (USD Million) 2021-2034
9.1. Global Almond Ingredients Market Size and Market Share
10. Global Almond Ingredients Market, By Region, 2021-2034 (USD Million)
10.1. Asia-Pacific
10.1.1. Australia10.1.2. China10.1.3. India10.1.4. Japan10.1.5. South Korea10.1.6. Rest of Asia-Pacific
10.2. Europe
10.2.1. France10.2.2. Germany10.2.3. Italy10.2.4. Spain10.2.5. United Kingdom10.2.6. Rest of Europe
10.3. Middle East and Africa
10.3.1. Kingdom of Saudi Arabia10.3.2. United Arab Emirates10.3.3. Qatar10.3.4. South Africa10.3.5. Egypt10.3.6. Morocco10.3.7. Nigeria10.3.8. Rest of Middle-East and Africa
10.4. North America
10.4.1. Canada10.4.2. Mexico10.4.3. United States
10.5. Latin America
10.5.1. Argentina10.5.2. Brazil10.5.3. Rest of Latin America
11. Company Profile
11.1. ADM
11.1.1. Company details11.1.2. Financial outlook11.1.3. Product summary11.1.4. Recent developments
11.2. Barry Callebaut
11.2.1. Company details11.2.2. Financial outlook11.2.3. Product summary11.2.4. Recent developments
11.3. Blue Diamond Growers
11.3.1. Company details11.3.2. Financial outlook11.3.3. Product summary11.3.4. Recent developments
11.4. Borges Agricultural & Industrial Nuts
11.4.1. Company details11.4.2. Financial outlook11.4.3. Product summary11.4.4. Recent developments
11.5. ConnOils LLC
11.5.1. Company details11.5.2. Financial outlook11.5.3. Product summary11.5.4. Recent developments
11.6. Deep Nuts N Flavors LLP
11.6.1. Company details11.6.2. Financial outlook11.6.3. Product summary11.6.4. Recent developments
11.7. Dohler GmbH
11.7.1. Company details11.7.2. Financial outlook11.7.3. Product summary11.7.4. Recent developments
11.8. ETChem
11.8.1. Company details11.8.2. Financial outlook11.8.3. Product summary11.8.4. Recent developments
11.9. Harris Woolf California Almonds
11.9.1. Company details11.9.2. Financial outlook11.9.3. Product summary11.9.4. Recent developments
11.10. John B. Sanfilippo & Son
11.10.1. Company details11.10.2. Financial outlook11.10.3. Product summary11.10.4. Recent developments
11.11. Kanegrade
11.11.1. Company details11.11.2. Financial outlook11.11.3. Product summary11.11.4. Recent developments
11.12. Modern Ingredients
11.12.1. Company details11.12.2. Financial outlook11.12.3. Product summary11.12.4. Recent developments
11.13. Olam International Limited
11.13.1. Company details11.13.2. Financial outlook11.13.3. Product summary11.13.4. Recent developments
11.14. Repute Foods Pvt. Ltd
11.14.1. Company details11.14.2. Financial outlook11.14.3. Product summary11.14.4. Recent developments
11.15. Royal Nut Company
11.15.1. Company details11.15.2. Financial outlook11.15.3. Product summary11.15.4. Recent developments
11.16. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Almond Ingredients Market is projected to reach USD 42.4 billion by 2034, growing at a CAGR of 10.76% during the forecast period.
Almond Ingredients Market grew in Market size from 2025. The Market is expected to reach USD 42.4 billion by 2034, at a CAGR of 10.76% during the forecast period.
Almond Ingredients Market CAGR of 10.76% during the forecast period.
You can get the sample pages by clicking the link - Click Here
Almond Ingredients Market size is USD 42.4 billion from 2025 to 2034.
Almond Ingredients Market is covered By Product, By Function, By Application, By End-User.
The North America is anticipated to have the highest Market share in the Almond Ingredients Market.
The key players in the Market include Companies Covered ADM, Barry Callebaut, Blue Diamond Growers, Borges Agricultural & Industrial Nuts, ConnOils LLC, Deep Nuts N Flavors LLP, Döhler GmbH, ETChem, Harris Woolf California Almonds, John B. Sanfilippo & Son, Kanegrade, Modern Ingredients, Olam International Limited, Repute Foods Pvt. Ltd, Royal Nut Company, and others.
The rising demand for nutritional and health-focused products is a key factor in the growing popularity of almond-based items. As the obese and aging populations in developed countries, like the United States, Germany, and the United Kingdom, seek food products containing nut ingredients, particularly almonds, consumer preferences are shifting towards healthier eating habits to prevent various diseases.
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