Almond Ingredients Market Size:
The almond ingredients market is estimated to grow at a CAGR of 5.40% to attain US$11,943.714 million in 2030 from US$9,180.857 million in 2025.
The almond ingredient includes products like whole almonds, almond pieces, almond flour, almond paste, almond milk, almond oil, almond extract, almond flavors, and other ingredients. They are used for multiple purposes, including making snacks in bakeries and confectionaries. They are also used in cosmetic industries. Dairy products made with almond milk are popular amongst the vegan population. Almonds also have a high nutritional value, which is the key factor driving the demand for almond ingredients. It is good for maintaining the heart rate and keeping blood pressure low. Additionally, almonds are good for Alzheimer's patients as they have vitamin E. Further, a rising plant-based population has contributed to the market’s expansion.
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Almond Ingredients Market Overview & Scope
The almond ingredients market is segmented by:
- Type: By type, the almond ingredients market is categorized into whole almonds, almond pieces, almond flour, almond paste, almond milk, almond oil, almond extract, and others. The whole almond category is growing significantly.
- Application: By application, the market is divided into bakery & confectionery, dairy (milk substitute & ice creams and nut & seed butter), snacks & cereals, cosmetics, and others. The snacks and cereals category is estimated to grow notably.
- Region: The North American region is estimated to attain a greater market share during the forecasted timeline. The increasing demand for healthy food products, especially in countries like the USA and Canada, is rising significantly. Similarly, the growing demand for plant-based food products is also propelling the regional market expansion.
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Top Trends Shaping the Almond Ingredients Market
- Increasing demand for gluten-free food products
The increasing global demand for gluten-free food products is among the key factors propelling the global almond ingredient market expansion. With the rising demand for gluten-free products, especially in snacks and baked goods, the demand for almond-based ingredients is estimated to grow.
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Almond Ingredients Market Growth Drivers vs. Challenges
Opportunities:
- Growing vegan population: Companies are incentivized to produce plant-based food items with the rising vegan population. This includes making almond milk and subproducts like cheese, butter, ice cream, and yogurt. Veganism is a lifestyle that excludes the use of animal products, notably in the diet, and is related to a philosophy that opposes the position of animals as commodities. Vegans are those who adhere to this concept and eat a plant-based diet. Almond milk is a close substitute for animal milk.
- Demand for higher nutritional value: Almonds are highly nutritious; they have a high amount of fiber, protein, magnesium, healthy fats, and vitamin E, amongst others. They are also high in antioxidants and low in calories. They also serve as small on-the-go snacks. It has also been proven that consuming peanuts, walnuts, and almonds significantly reduces the risk of breast cancer by two to three times. Almonds are also good for heart patients as they have vitamin E and low overall cholesterol levels.
Challenges:
- Increasing risk of allergies: Almonds can trigger allergies in some people, causing swelling of the tongue, lip, and mouth, scratchy throat, or even itchy mouth. The allergic reaction is caused by a protein found in almonds called amandine. A severe reaction might cause nausea, vomiting, shortness of breath, hives, impaired voice, low blood pressure, and confusion, amongst other symptoms. Almonds can also cause cyanide poisoning.
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Almond Ingredients Market Regional Analysis
- Asia Pacific: The Asia Pacific region is estimated to grow significantly during the forecasted timeline. The increasing consumer preferences towards healthy food products is the major factor boosting this regional market growth. Similarly, the rising demand for gluten-free products is also estimated to propel the market expansion.
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Almond Ingredients Market Competitive Landscape
The market is fragmented, with many notable players, including Barry Callebaut Group, Blue Diamond Growers, Borges Agricultural And Industrial Nuts, Olam International, ADM, Wonderful Company LLC, Treehouse California Almonds, Harris Woolf California Almonds, John B Sanfilippo & Son Inc., Royal Nut Company, Döhler GmbH, and Bardakci Group, among others.
- Product Collaboration: In October 2024, Oppy, in partnership with Blue Diamond Growers, launched a fresh almond products range. The company offers multiple products and solutions, including Whole Natural almonds, Toasted Almonds & Cherries, and Sea Salt Almonds & Blueberries, among others.
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Almond Ingredients Market Scope:
| Report Metric |
Details |
| Study Period |
2021 to 2031 |
| Historical Data |
2021 to 2024 |
| Base Year |
2025 |
| Forecast Period |
2026 – 2031 |
| Report Metric |
Details |
| Almond Ingredients Market Size in 2025 |
US$9,180.857 million |
| Almond Ingredients Market Size in 2030 |
US$11,943.714 million |
| Growth Rate |
CAGR of 5.40% |
| Study Period |
2020 to 2030 |
| Historical Data |
2020 to 2023 |
| Base Year |
2024 |
| Forecast Period |
2025 – 2030 |
| Forecast Unit (Value) |
USD Million |
| Segmentation |
- Type
- Application
- Geography
|
| Geographical Segmentation |
North America, South America, Europe, Middle East and Africa, Asia Pacific |
| List of Major Companies in the Almond Ingredients Market |
|
| Customization Scope |
Free report customization with purchase |
Almond Ingredients Market Segmentation:
- By Type
- Whole Almond
- Almond Pieces
- Almond Flour
- Almond Paste
- Almond Milk
- Almond Oil
- Almond extract
- Others
- By Application
- Bakery and Confectionery
- Dairy (milk substitute & ice creams and nut & seed butters)
- Snacks and Cereals
- Cosmetics
- Others
- By Region
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
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