Almond Flour Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Almond Flour Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028


The global almond flour market size reached US$ 1.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.8 Billion by 2028, exhibiting a growth rate (CAGR) of 7.99% during 2022-2028.

Almond flour is obtained from blanched almonds that are grounded and sieved into fine flour. It provides essential nutrients, such as vitamin E, calories, fat, carbohydrates, dietary fiber, manganese, magnesium, copper, and phosphorus. It assists in reducing low-density lipoprotein (LDL) cholesterol; lowering the risk of diseases like cancer, diabetes, stroke, and Alzheimer’s disease; and improving heart and digestive health. As compared to wheat and coconut flour, it has lesser carbohydrate content and does not contain gluten-forming proteins. As a result, it is extensively utilized as an alternative to breadcrumbs to coat meats like fish, chicken, and beef.

Almond Flour Market Trends:
Presently, there is a considerable change in consumer preferences on account of inflating per capita income and improving standards of living across the globe. This, in confluence with the rising awareness among individuals about the health benefits of consuming almond flour-based products, represents one of the key factors bolstering the growth of the market. Besides this, there is a significant increase in the prevalence of the celiac disease that causes diarrhea, bloating, gas, anemia, and growth issues. This has resulted in the growing adoption of a gluten-free diet around the world due to its health benefits, such as easing digestive symptoms, reducing chronic inflammation, boosting energy, and promoting weight loss, which is contributing to market growth. Moreover, almond flour is widely used as a key ingredient in the food and beverage (F&B) industry worldwide for the preparation of bakery products like cakes, cookies, bread, and pastries. This, coupled with the expanding product employment in the cosmetics industry for the formulation of various skincare products, such as lotion and cream, is creating a favorable market outlook.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global almond flour market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, application, distribution channel and end use.

Breakup by Type:

Natural Almond Flour
Blanched Almond Flour

Breakup by Application:

Bakery
Confectionery
Cosmetics
Others

Breakup by Distribution Channel:

Online
Offline

Breakup by End Use:

Commercial
Household

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Anthony's Goods (Associated British Foods plc), Barney Butter, Blue Diamond Growers, Bob's Red Mill Natural Foods, Goindiaorganic, Honest to Goodness, King Arthur Baking Company Inc., McKenzie’s Foods, NOW Foods, Olam International, Oleander Bio SA, Rolling Hills Nut Company, Shiloh Farms, Treehouse Almonds and WellBees.

Key Questions Answered in This Report:
How has the global almond flour market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global almond flour market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the application?
What is the breakup of the market based on the distribution channel?
What is the breakup of the market based on the end use?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global almond flour market and who are the key players?
What is the degree of competition in the industry?


1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Almond Flour Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Natural Almond Flour
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Blanched Almond Flour
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Application
7.1 Bakery
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Confectionery
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Cosmetics
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Distribution Channel
8.1 Online
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Offline
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by End Use
9.1 Commercial
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Household
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Anthony's Goods (Associated British Foods plc)
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 Barney Butter
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Blue Diamond Growers
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 Bob's Red Mill Natural Foods
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 Goindiaorganic
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 Honest to Goodness
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 King Arthur Baking Company Inc.
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 McKenzie’s Foods
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 NOW Foods
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 Olam International
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.11 Oleander Bio SA
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.12 Rolling Hills Nut Company
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.13 Shiloh Farms
15.3.13.1 Company Overview
15.3.13.2 Product Portfolio
15.3.14 Treehouse Almonds
15.3.14.1 Company Overview
15.3.14.2 Product Portfolio
15.3.15 WellBees
15.3.15.1 Company Overview
15.3.15.2 Product Portfolio

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