Market Overview:
The global almond powder market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for almond powder from various applications such as household, foodservice, industrial and cosmetic applications. Blanched almond powder is projected to be the fastest-growing type segment during the forecast period owing to its high demand from foodservice and industrial applications. North America is expected to dominate the global almond powder market in terms of revenue share followed by Europe and Asia Pacific during the forecast period.
Product Definition:
Almond powder is a type of flour made from ground almonds. It has a nutty flavor and is often used in baking. Almond powder can also be used to thicken sauces or as a coating for meats or fish.
Blanched Almond Powder:
Blanched almond powder is a fine white powder made from blanched almonds. It has high usage in food & beverage industry as an ingredient for manufacturing various confectionery products such as chocolates, sweets, biscuits and bakery items. Blanched almond powder also finds application in personal care products such as face wash gels and creams due to its skin nourishing properties.
Natural Almond Powder:
Natural almond powder is a fine, dry powder made from almonds. It has several uses in food & beverage industry and also finds application as an additive for other products. Natural almond powder is used to enhance the taste of various beverages such as milk, soy milk, and water by adding sweetness without any additional sugar content. The product can be used in bakery items such as cookies & biscuits to provide fats & oils content along with sweeteners like powdered sugar or honey.
Application Insights:
The global almond powder market has been segmented on the basis of application into household, food service, industrial and cosmetics. The food service industry was the largest consumer of almond powder in 2017. Growing demand for healthy snacks among consumers, particularly millennials is expected to drive the segment growth over the forecast period.
Household application accounted for a significant share in 2017 owing to increasing use of natural skin care products along with deodorants and face creams that are made using natural ingredients only. Almond oil is being widely used as an ingredient in personal care products such as soap bars due to its antibacterial properties and ability to moisturize skin without causing any irritation or allergic reaction like other plant oils do. This trend is expected to grow over the forecast period thus driving product demand from 2018-2030 onward.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. Increasing product demand as a result of growing consumer awareness regarding health and nutrition, along with rising almond butter applications in food processing, is anticipated to drive growth over the next eight years.
Asia Pacific is projected to be one of the fastest-growing regional markets from 2018 to 2030 owing to increasing product consumption as an ingredient in bakery items and confectionery goods due to growing income levels among consumers, especially urban ones living alone or with their partners in cities such as Delhi NCR (National Capital Region) and Mumbai (Bombay). These factors are likely contribute significantly toward increased demand for natural almond powder over the coming years.
Growth Factors:
- Increasing demand for healthy snacks: The global almond powder market is expected to benefit from the increasing demand for healthy snacks. This is because almond powder is a good source of protein, fiber, and vitamins that help in weight loss and improve overall health.
- Rising awareness about the health benefits of almonds: There has been a rise in the awareness about the health benefits of almonds in recent years. This has led to an increase in the demand for almond powder as a dietary supplement and ingredient in food products.
- Growing popularity of plant-based diets: The popularity of plant-based diets is another factor that is expected to drive growth in the global almond powder market during the forecast period. Almond powder can be used as an ingredient in vegan and vegetarian dishes, which helps boost their nutritional value.
Scope Of The Report
Report Attributes
Report Details
Report Title
Almond Powder Market Research Report
By Type
Blanched Almond Powder, Natural Almond Powder
By Application
Household, Foodservice, Industrial, Cosmetic
By Companies
Rolling Hills Nut Company, Alldrin Brothers, Treehouse California Almonds, Oleander Bio, Austrade, Cannan Palestine, Shiloh Farms, Anthony's Goods, Hodgson Mill, King Arthur Flour Company, Rolling Hills Nut Company, Bob's Red Mill, Blue Diamond Growers, Almondco Australia, Borges Agricultural & Industrial Nuts
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
123
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Almond Powder Market Report Segments:
The global Almond Powder market is segmented on the basis of:
Types
Blanched Almond Powder, Natural Almond Powder
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Foodservice, Industrial, Cosmetic
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Rolling Hills Nut Company
- Alldrin Brothers
- Treehouse California Almonds
- Oleander Bio
- Austrade
- Cannan Palestine
- Shiloh Farms
- Anthony's Goods
- Hodgson Mill
- King Arthur Flour Company
- Rolling Hills Nut Company
- Bob's Red Mill
- Blue Diamond Growers
- Almondco Australia
- Borges Agricultural & Industrial Nuts
Highlights of The Almond Powder Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Blanched Almond Powder
- Natural Almond Powder
- By Application:
- Household
- Foodservice
- Industrial
- Cosmetic
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Almond Powder Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Almond powder is a finely ground almond that can be used in baking, as a substitute for flour, or as an ingredient in smoothies and other healthy drinks.
Some of the major companies in the almond powder market are Rolling Hills Nut Company, Alldrin Brothers, Treehouse California Almonds, Oleander Bio, Austrade, Cannan Palestine, Shiloh Farms, Anthony's Goods, Hodgson Mill, King Arthur Flour Company, Rolling Hills Nut Company, Bob's Red Mill, Blue Diamond Growers, Almondco Australia, Borges Agricultural & Industrial Nuts.
The almond powder market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Almond Powder Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Almond Powder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Almond Powder Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Almond Powder Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Almond Powder Market Size & Forecast, 2020-2028
4.5.1 Almond Powder Market Size and Y-o-Y Growth
4.5.2 Almond Powder Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Blanched Almond Powder
5.2.2 Natural Almond Powder
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Household
6.2.2 Foodservice
6.2.3 Industrial
6.2.4 Cosmetic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Almond Powder Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Almond Powder Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Blanched Almond Powder
9.6.2 Natural Almond Powder
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Household
9.10.2 Foodservice
9.10.3 Industrial
9.10.4 Cosmetic
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Blanched Almond Powder
10.6.2 Natural Almond Powder
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Household
10.10.2 Foodservice
10.10.3 Industrial
10.10.4 Cosmetic
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Blanched Almond Powder
11.6.2 Natural Almond Powder
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Household
11.10.2 Foodservice
11.10.3 Industrial
11.10.4 Cosmetic
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Blanched Almond Powder
12.6.2 Natural Almond Powder
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Household
12.10.2 Foodservice
12.10.3 Industrial
12.10.4 Cosmetic
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Blanched Almond Powder
13.6.2 Natural Almond Powder
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Household
13.10.2 Foodservice
13.10.3 Industrial
13.10.4 Cosmetic
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Almond Powder Market: Competitive Dashboard
14.2 Global Almond Powder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Rolling Hills Nut Company
14.3.2 Alldrin Brothers
14.3.3 Treehouse California Almonds
14.3.4 Oleander Bio
14.3.5 Austrade
14.3.6 Cannan Palestine
14.3.7 Shiloh Farms
14.3.8 Anthony's Goods
14.3.9 Hodgson Mill
14.3.10 King Arthur Flour Company
14.3.11 Rolling Hills Nut Company
14.3.12 Bob's Red Mill
14.3.13 Blue Diamond Growers
14.3.14 Almondco Australia
14.3.15 Borges Agricultural & Industrial Nuts
