Almond Ingredients Market: By Type (Whole Almonds, Almond Pieces, Almond Paste, Almond Milk, Almond Flour and Others), By Application (Bakery & Confectionery, Milk Substitutes & Ice Creams, Nut & Seed Butters, RTE Cereals, Snacks & Bars and Others) and Geography

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Almond Ingredients Market size was valued at USD 9.25 billion in 2023 and is poised to grow at a significant CAGR of 9.8% from 2024-2030. Some of the key factors influencing the market growth include growing demand for plant-based proteins & beverages, nutritional benefits offered by almond ingredients, increase in acceptance of almonds in snacks & processed food, growing preference for online shopping, technological advancement in the field of biotechnology & food processing and rapid increase in almond-based new product launches by key players. However, volatile prices of raw materials and food safety issues are the major factors hindering market growth.  

Owing to their many uses, almond components are highly sought. These days, almonds are frequently utilized in cereals, baked goods, and snacks. Owing to their many health benefits, almond ingredients are growing in popularity among consumers. Due to almond's excellent flavor and taste satisfaction, manufacturers are encouraged to use almond components in their products. Commercial almond ingredients can be found in drinks, yogurt, baked items without gluten, and spreads.

Almond Ingredients Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

9.8%

Largest Market

Europe

Fastest Growing Market

Asia Pacific
Almond Ingredients Market Dynamics

Almonds are the eatable seeds of Prunus dulcis, more usually termed as the almond tree. They are extremely nutritious and rich in fats, vitamins, healthy antioxidants, and minerals. Almonds are rich in nutrients like poly-unsaturated fatty acids (PUFAs), mono-unsaturated fatty acids (MUFAs), and dietary fibers. They are also a fantastic source of antioxidants. These antioxidants tend to build up in cell membranes in body, protecting cells from oxidative damage. They are among the world’s best sources of vitamin E. For Instance, According to Nutrition Journal found that Americans in 2017, especially children replaced snack foods with almonds and saw a major increase in consumption of nutrients.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Almond Ingredients Market Segmentation

By Type
  • Whole Almonds
  • Almond Pieces
  • Almond Paste
  • Almond Milk
  • Almond Flour
  • Others
By Application
  • Bakery & Confectionery
  • Milk Substitutes & Ice Creams
  • Nut & Seed Butters
  • RTE Cereals
  • Snacks & Bars
  • Others
By Geography

North America

  • USA
  • Canada

Europe

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

Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America

Middle East and Africa (MEA)

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

Frequently Asked Questions

The almond ingredients market size was valued at USD 9.25 billion in 2023

The almond ingredients market forecast period will be 2024-2030

The almond ingredients market key players Archer Daniels Midland Company (US), Olam International Limited (Singapore), Barry Callebaut Group (Switzerland), Blue Diamond Growers (US), John B. Sanfilippo & Son (US), Borges Agricultural & Industrial Nuts (Spain), Savencia SA (France), Kanegrade Limited (UK), The Wonderful Company (US), Harris Woolf California Almonds (US), Treehouse California Almond (US), Royal Nut Company (Australia), Dohler GmbH (Germany)

1.Executive Summary
2.Global Almond Ingredients Market Introduction 
2.1.Global Almond Ingredients Market  - Taxonomy
2.2.Global Almond Ingredients Market  - Definitions
2.2.1.Type 
2.2.2.Application
2.2.3.Region
3.Global Almond Ingredients Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Almond Ingredients Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Almond Ingredients Market  By Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Whole Almonds
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Almond Pieces
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Almond Paste
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Almond Milk
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Almond Flour
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
5.6. Others
5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.6.3. Market Opportunity Analysis 
6.Global Almond Ingredients Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Bakery & Confectionery
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Milk Substitutes & Ice Creams
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Nut & Seed Butters
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. RTE Cereals
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Snacks & Bars
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
6.6. Others
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.6.3. Market Opportunity Analysis 
7.Global Almond Ingredients Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific (APAC)
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.North America Almond Ingredients Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Type  Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Whole Almonds
8.1.2.Almond Pieces
8.1.3.Almond Paste
8.1.4.Almond Milk
8.1.5.Almond Flour
8.1.6.Others
8.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Bakery & Confectionery
8.2.2.Milk Substitutes & Ice Creams
8.2.3.Nut & Seed Butters
8.2.4.RTE Cereals
8.2.5.Snacks & Bars
8.2.6.Others
8.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9.Europe Almond Ingredients Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Whole Almonds
9.1.2.Almond Pieces
9.1.3.Almond Paste
9.1.4.Almond Milk
9.1.5.Almond Flour
9.1.6.Others
9.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Bakery & Confectionery
9.2.2.Milk Substitutes & Ice Creams
9.2.3.Nut & Seed Butters
9.2.4.RTE Cereals
9.2.5.Snacks & Bars
9.2.6.Others
9.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
10.Asia Pacific (APAC) Almond Ingredients Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Whole Almonds
10.1.2.Almond Pieces
10.1.3.Almond Paste
10.1.4.Almond Milk
10.1.5.Almond Flour
10.1.6.Others
10.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Bakery & Confectionery
10.2.2.Milk Substitutes & Ice Creams
10.2.3.Nut & Seed Butters
10.2.4.RTE Cereals
10.2.5.Snacks & Bars
10.2.6.Others
10.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11.Middle East and Africa (MEA) Almond Ingredients Market 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Whole Almonds
11.1.2.Almond Pieces
11.1.3.Almond Paste
11.1.4.Almond Milk
11.1.5.Almond Flour
11.1.6.Others
11.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Bakery & Confectionery
11.2.2.Milk Substitutes & Ice Creams
11.2.3.Nut & Seed Butters
11.2.4.RTE Cereals
11.2.5.Snacks & Bars
11.2.6.Others
11.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12.Latin America Almond Ingredients Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Whole Almonds
12.1.2.Almond Pieces
12.1.3.Almond Paste
12.1.4.Almond Milk
12.1.5.Almond Flour
12.1.6.Others
12.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Bakery & Confectionery
12.2.2.Milk Substitutes & Ice Creams
12.2.3.Nut & Seed Butters
12.2.4.RTE Cereals
12.2.5.Snacks & Bars
12.2.6.Others
12.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.Archer Daniels Midland Company (US)
13.2.2.Olam International Limited (Singapore)
13.2.3.Barry Callebaut Group (Switzerland)
13.2.4.Blue Diamond Growers (US)
13.2.5.John B. Sanfilippo & Son (US)
13.2.6.Borges Agricultural & Industrial Nuts (Spain)
13.2.7.Savencia SA (France)
13.2.8.Kanegrade Limited(UK)
13.2.9.The Wonderful Company (US)
13.2.10.Harris Woolf California Almonds (US)
13.2.11.Treehouse California Almond (US)
13.2.12.Royal Nut Company (Australia)
14. Research Methodology 
15. Appendix and Abbreviations 
  • Archer Daniels Midland Company (US)
  • Olam International Limited (Singapore)
  • Barry Callebaut Group (Switzerland)
  • Blue Diamond Growers (US)
  • John B. Sanfilippo & Son (US)
  • Borges Agricultural & Industrial Nuts (Spain)
  • Savencia SA (France)
  • Kanegrade Limited(UK)
  • The Wonderful Company (US)
  • Harris Woolf California Almonds (US)
  • Treehouse California Almond (US)
  • Royal Nut Company (Australia)
  • Dohler GmbH (Germany)

Adjacent Markets