Global Almond Kernels Market 2024-2028
The almond kernels market is forecasted to grow by USD 3982.3 mn during 2023-2028, accelerating at a CAGR of 8.09% during the forecast period. The report on the almond kernels 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 almond kernels, growing consumption of almond-based Snacks and food, and growth of private-label brands.
Technavio's almond kernels market is segmented as below:
By Distribution Channel
By Application
- Food and beverage industry
- Cosmetics and personal care industry
- Bakery and confectionery industry
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the rising trend of online distribution platform as one of the prime reasons driving the almond kernels market growth during the next few years. Also, expansion and promotion of nut ingredients and increasing preference for vegan and gluten-free diets will lead to sizable demand in the market.
The report on the almond kernels market covers the following areas:
- Almond kernels market sizing
- Almond kernels market forecast
- Almond kernels 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 kernels market vendors that include Almond Board of California, Bapu Farming Co. Inc., Belehris Estates, Blue Diamond Growers, Chico Nut Co., Harris Family Enterprises, Hilltop Ranch Inc., Hormel Foods Corp., Olam Group Ltd., Orchard Valley, Retaj Agro Farms, RPAC LLC, Select Harvests Ltd., South Valley Farms, Sran Family Orchards, Steward and Jasper Orchards, The Wonderful Co. LLC, Treehouse California Almonds LLC, Valley Harvest Nut Co., and Western Nut Co. Inc.. Also, the almond kernels 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.