Global Almond Products Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, And Growth Forecast To 2028

                                          
Global Almond Products Market 2021: By form (Liquid, Oil, Milk, Raw nuts, Powdered), By application (Beverages, Snacks, Bakery and Confectionary, Personal Care, Cosmetics, Pharmaceutical)

Global Almond Products Market report, is a recent report generated by the research team at Trusted Business Insights. The global almond products market report has been segmented on form, application, and region. For production of this report, a thorough and exhaustive study was conducted of the global market in order to ascertain every aspect in the target market and enable a confident presentation of all findings.Request Covid - 19 Impact

Overview

Almond is a versatile nut that offers various health benefits to consumers. Almonds are considered an essential requirement in a persons diet owing to nutritional benefits. Almonds contain vitamin E, and nuts are very low in cholesterol and sodium, are a good source of iron, riboflavin, zinc, magnesium, and manganese. Almonds are used for producing various almond-based products, including shakes, chocolates, yogurts, almond oil, almond cream, almond butter, flour, biscuits, hair care, skin care, and cosmetics products, and more.

Dynamics

Increasing demand for natural based products in cosmetics and personal care products is projected to support growth of the global almond products market in the near future. Increasing demand for almonds in for bakery and confectionary products in developed and developing countries is another factor projected to drive growth of the global almond products market. In addition, growing consumer awareness regarding nutritional and medical benefits related, rapidly increasing applications in nutritional and pharmaceutical sectors, and growing food & beverages sector are among other factors projected to drive growth in terms of revenue in the target market.

However, high cost of almond products and availability of alternate products in the market are among some of the key factor expected to act as restraints to growth of the target market to a certain extent.

Segment Analysis

By Form:

Among the form segments, the powdered segment is projected to account for major revenue share in the near future. Increasing use of almond powder in various industries such as pharmaceuticals, cosmetics, and food and beverage is estimated to drive growth of this segment.

By application:

Among the application segments, the beverage segment is projected to account for significantly higher revenue share contribution in the target market. Increasing demand for medicines with natural ingredients among consumers in developing economies is projected to drive growth of this segment.

Region Analysis

The North America almond products market is projected to register major revenue share in the global market in the coming years. Increasing adoption of almonds and related products in pharmaceuticals and cosmetics industries, owing to growing consumer awareness regarding advantages of almond is a factor fueling growth of the global almond products market in the North

America region.

The Europe market is projected to account for significant revenue share in the target market. Presence of major dairy farms, higher spending power, and increasing consumption of dairy products in France, Germany, and the UK are among some of the key factors projected to drive growth of the market in the Europe region. The market in Asia Pacific is expected to account for significant growth rate, owing to increasing population, growing awareness about almond-based products, and rising expanding food & beverage industry. In addition, rapid urbanization, and rising demand for almond products from emerging economies such as China and India are factor projected to drive growth of the global market in the Asia Pacific region.

Snacks®, TM/® are the brands covered in this Almond Products report.

Below are the active patents related to Almond Products Market.

Patent Number: EP2476317A1

Almond drinks and methods for their production

Abstract

The present invention relates to bland tasting almond drinks characterized in that they have a low benzaldehyde concentration and a low pyrazines concentration. The invention also provides methods for obtaining them. In particular, the invention provides methods comprising subjecting almonds to a dry heat treatment, followed by a dry grinding step to obtain an almond paste, and finally dispersing the almond paste in an aqueous medium to obtain an almond drink.

Type: Grant

Filed: 2011-12-29

Date of Patent: 2012-07-18

Assignee : Alpro CVA

Below are the leading companies profiled in this Almond Products Market Report:

  
Archer Daniels Midland Company
  
Barry Callebaut Group
  
Blue Diamond Growers, Inc.
  
Borges Agricultural & Industrial Nuts
  
Döhler GmbH.
  
Honeyville Food Products, Inc.
  
John B. Sanfilippo & Son
  
Kanegrade Limited
  
Kerry Group plc
  
Olam International Limited
  
Royal Nut Company
  
Russell Stover Chocolates, LLC
  
Sahale Snacks, Inc.
  
Savencia SA
  
Snack Foods Limited
  
The Good Snack Co.
  
The Hershey Company

Global Almond products market Segmentation:

Segmentation by form

  
Liquid
  
Oil
  
Milk
  
Raw nuts
  
Powdered

Segmentation by application

  
Beverages
  
Snacks
  
Bakery and Confectionary
  
Personal Care
  
Cosmetics
  
Pharmaceutical

 
This research comprehensively answers the following 9 important questions:

  
Q.1. What are some of the most promising growth trends in the Almond Products market worldwide?
  
Q.2.Which segments and sub-segments will grow at a faster pace and why? Which segment is nearing the peak and demand saturation?
  
Q.3.Which region will witness a higher growth rate and why? Which region might see a slower or negative growth region?
  
Q.4.What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in Almond Products market?
  
Q.5.What are the business risks and who pose challenges to the global leaders and are competitive threats in this Almond Products market?
  
Q.6.What are the emerging trends post COVID-19 reshuffle in this Almond Products market and the what are reasons behind these trends and do they translate in global exploration?
  
Q.7. Who are the major global and regional players in the Almond Products market? Which are the strategic initiatives key players are pursuing for business growth?
  
Q.8.Which are the competing products in Almond Products market and how big of a threat do they pose for loss of market share by material or product substitution?
  
Q.9.What M & A activity has occurred in the last 5 years and what is its impact on the Almond Products industry?