Global Almond Ingredients Market Report and Forecast 2024-2032

Global Almond Ingredients Market Report and Forecast 2024-2032


Market Outlook

According to the report by Expert Market Research (EMR), the global almond ingredients market is projected to grow at a CAGR of 10.46% between 2024 and 2032. Aided by the escalating trend towards health-conscious eating habits and the manifold applications of almond-based ingredients in a multitude of sectors, the market is expected to grow significantly by 2032.

Almonds, the edible seeds of the Prunus dulcis tree, have long been esteemed for their versatile culinary applications and substantial nutritional benefits. Predominantly, almond ingredients are incorporated into various food items, spanning from dairy alternatives, snacks, and confectioneries to bakery products. These components are lauded not just for their rich texture and distinctive flavour but also for their myriad health advantages, including promoting heart health, managing weight, and providing essential nutrients. Beyond the realm of food, almond ingredients find their niche in skincare and personal care products due to their nourishing properties.

One of the pivotal drivers fostering the global almond ingredients market growth is the burgeoning inclination towards healthier dietary choices. The recognition of almonds as a heart-healthy snack, replete with monounsaturated fats, antioxidants, and vitamins, has significantly escalated their consumption. Coupled with this is the increasing awareness about the detrimental effects of processed and junk foods, which has further steered consumers towards natural and nutrient-dense almond products.

Additionally, the global dietary landscape is witnessing a pronounced shift towards plant-based and dairy-free diets, bolstered by the rising tide of veganism and lactose intolerance. This transition has heightened the demand for almond-based alternatives such as almond milk, almond butter, and almond-based yoghurts, leading to a significant almond ingredients market expansion. Their creamy consistency and rich taste make them a sought-after choice for consumers desiring dairy alternatives without compromising on flavour or texture.

The cosmetic and personal care sector, too, underscores the importance of almond ingredients. Due to their high vitamin E content and skin-hydrating attributes, almonds have become an indispensable ingredient in moisturisers, face packs, and other skincare formulations. Their anti-inflammatory properties further accentuate their suitability for sensitive skin types, thereby widening their consumer base. This factor is further boosting the almond ingredients market demand.

Nevertheless, the applications of almond ingredients aren't restricted to edibles and cosmetics alone. The trend of using natural and sustainable ingredients in various industrial sectors has been gaining momentum, with almonds marking their presence in the production of eco-friendly inks, dyes, and even as natural fillers in certain manufacturing processes.

Market Segmentation

The market can be divided based on type, application, and region.

Market Breakup by Type
  • Whole Almonds
  • Almond Pieces
  • Almond Flour
  • Almond Milk
  • Others
Market Breakup by Application
  • Bakery and Confectionery
  • Milk Substitutes and Ice Creams
  • Nut and Seed Butters
  • RTE Cereals
  • Others
Market Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global almond ingredients market. Some of the major players explored in the report by Expert Market Research are as follows:
  • Olam International Limited
  • Barry Callebaut Group
  • Blue Diamond Growers
  • Kind LLC
  • Archer Daniels Midland Company (NYSE: ADM)
  • John B. Sanfilippo & Son, Inc.
  • Borges Agricultural & Industrial Nuts, S.A.
  • Almondco Australia Ltd
  • Others
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*We at Expert Market Research always strive to provide you with 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 Opportunities and Challenges in the Market
8 Global Almond Ingredients Market Analysis
8.1 Key Industry Highlights
8.2 Global Almond Ingredients Historical Market (2018-2023)
8.3 Global Almond Ingredients Market Forecast (2024-2032)
8.4 Global Almond Ingredients Market by Type
8.4.1 Whole Almonds
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Almond Pieces
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Almond Flour
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Almond Milk
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Others
8.5 Global Almond Ingredients Market by Application
8.5.1 Bakery and Confectionery
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Milk Substitutes and Ice Creams
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Nut and Seed Butters
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 RTE Cereals
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Others
8.6 Global Almond Ingredients Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Almond Ingredients 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 Ingredients 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 Ingredients 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
11.5.2 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Almond Ingredients 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 Ingredients 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 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Olam International Limited
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Barry Callebaut Group
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Blue Diamond Growers
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Kind LLC
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Archer Daniels Midland Company (NYSE: ADM)
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 John B. Sanfilippo & Son, Inc.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Borges Agricultural & Industrial Nuts, S.A.
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Almondco Australia Ltd
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.8 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Almond Ingredients Market: Key Industry Highlights, 2018 and 2032
2. Global Almond Ingredients Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Almond Ingredients Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Almond Ingredients Historical Market: Breakup by Application (USD Billion), 2018-2023
5. Global Almond Ingredients Market Forecast: Breakup by Application (USD Billion), 2024-2032
6. Global Almond Ingredients Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Almond Ingredients Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America Almond Ingredients Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Almond Ingredients Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Almond Ingredients Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Almond Ingredients Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Almond Ingredients Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Almond Ingredients Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America Almond Ingredients Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America Almond Ingredients Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa Almond Ingredients Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa Almond Ingredients Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Global Almond Ingredients Market Structure

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