Global Almond Ingredients Market 2024-2028
Global Almond Ingredients Market 2024-2028
The almond ingredients market is forecasted to grow by USD 7194.6 mn during 2023-2028, accelerating at a CAGR of 10.03% during the forecast period. The report on the almond ingredients market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing awareness about health benefits of almonds, growth of private-label brands, and growing consumption of almond-based snacks and food.
Technavio's almond ingredients market is segmented as below:
- By Type
- Whole almond
- Almond pieces
- Almond flour
- Almond milk
- Others
- By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the online distribution platform as one of the prime reasons driving the almond ingredients market growth during the next few years. Also, increasing preference for vegan and gluten-free diets and expansion and promotion of nut ingredient will lead to sizable demand in the market.
The report on the almond ingredients market covers the following areas:
- Almond ingredients market sizing
- Almond ingredients market forecast
- Almond ingredients market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading almond ingredients market vendors that include Barry Callebaut AG, Blue Diamond Growers, Borges International Group SLU, Chocoladefabriken Lindt and Sprungli AG, ConnOils LLC, Dohler GmbH, ETChem, Harris Woolf California Almonds, Kanegrade Ltd., Max River Pty Ltd., Modern Ingredients, Olam Group Ltd., Royal Nut Co., Sanitarium Health Food Co., Savencia SA, The Hershey Co., The J.M Smucker Co., The Wonderful Co. LLC, Treehouse California Almonds LLC, and Valley Harvest Nut Co.. Also, the almond ingredients market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.