Europe Almond Protein Market Size, Share & Trends Analysis Report By Type (Conventional, and Organic), By End Use, By Country and Growth Forecast, 2024 - 2031

Europe Almond Protein Market Size, Share & Trends Analysis Report By Type (Conventional, and Organic), By End Use, By Country and Growth Forecast, 2024 - 2031

The Europe Almond Protein Market would witness market growth of 13.9% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 14,727.5 Tonnes, showcasing a growth of 13.1% (2020-2023).

Organic Almond Protein refers to protein derived from almonds that are cultivated without the use of synthetic pesticides, fertilizers, or genetically modified organisms (GMOs). This type of protein is produced using environmentally sustainable farming practices that prioritize soil health, water conservation, and the reduction of chemical inputs. Organic almond protein is often preferred by consumers seeking natural, clean-label products, particularly those following health-conscious, vegan, or eco-friendly lifestyles. Thus, the Organic segment in Germany market consumed 1,350.47 Tonnes in 2023.

The Germany market dominated the Europe Almond Protein Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $636.1 million by 2031. The UK market is exhibiting a CAGR of 12.9% during (2024 - 2031). Additionally, The France market would experience a CAGR of 15% during (2024 - 2031).

With the rise of veganism and the growing trend toward dairy and meat alternatives, this protein has emerged as a prime ingredient in products such as dairy-free milk, protein bars, smoothies, and snacks. Almond milk, one of the most well-known plant-based beverages, often contains this protein as a key component, helping to boost the product’s protein content while maintaining its dairy-free status. This protein is also used in plant-based cheeses, yogurts, and ice creams, catering to the expanding market of dairy-free and lactose-intolerant consumers.

One of the primary reasons almond proteins is gaining traction is its potential use in sports nutrition and supplements. This protein is rich in essential amino acids, making it a suitable alternative to whey and other animal-based proteins for muscle recovery, strength building, and overall athletic performance. Protein powders, shakes, and energy bars enriched with this protein cater to athletes and fitness enthusiasts looking for high-quality, plant-based protein options.

In Poland, the cosmetics industry achieved nearly €4 billion in value in 2020, making it the fifth-largest cosmetics market in the European Union. The sector’s exports accounted for approximately 1.6% of Poland’s total goods exports in 2021. The increasing demand for natural, plant-based ingredients in beauty and skincare products is driving the incorporation of this protein into cosmetics. The growth of Italy’s retail food and consumer food service sectors and Poland’s expanding cosmetics industry present significant opportunities for this market. These industries increasingly embrace healthier and plant-based alternatives. In Italy, retail food sales reached $170.4 billion in 2022, a 2.1% increase from the previous year, with growth observed across various retail channels, including discount stores, supermarkets, and small local grocers. Hence, the rising cosmetics sector and increasing food retail industry are driving the market's growth.

Based on Type, the market is segmented into Conventional, and Organic. Based on End Use, the market is segmented into B2B (Food & Beverages, Cosmetics & Personal Care, and Supplements), and B2C. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

• Blue Diamond Growers
• Archer Daniels Midland Company
• Nut Butter Concepts LLC
• Sabinsa Corporation (Sami-Sabinsa Group Ltd.)
• BASF SE
• Nestle S.A. (Orgain Inc.)
• Mars, Inc.
• The Hershey Company

Europe Almond Protein Market Report Segmentation

By Type (Volume, Tonnes, USD Billion, 2020-2031)

• Conventional
• Organic

By End Use (Volume, Tonnes, USD Billion, 2020-2031)

• B2B
• Food & Beverages
• Cosmetics & Personal Care
• Supplements
• B2C

By Country (Volume, Tonnes, USD Billion, 2020-2031)

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe