Almond Flour Market 2020-2026
Global Almond Flour Market Size, Share & Trends Analysis Report by Form (Blanched Almond Flour and Unblanched Almond Flour) by Application (Food and Beverages, Cosmetics, Dietary Supplements, and Others), and by Distribution Channel (Direct Sales (Offline) and Indirect Sales (Online)), Forecast Period (2020-2026)
The global almond flour market is estimated to grow at a significant CAGR during the forecast period. Increasing urbanization levels leading to the growth of convenience food have surged remarkable growth in the global almond flour market. With the changing lifestyles and increasing purchasing power of the consumers, the demand for healthier foods is expected to increase at a faster rate during the forecast period, compared to the past five years (2015-2019). High preference for healthful foods, particularly among middle-to-higher-income consumers, due to rising urbanization levels and busier lifestyles, is impacting the eating habits of consumers, in turn, surging the demand for almond flour, globally.
The global almond flour market is segmented based on application, distribution channel, and form. Based on the application, the almond flour market is segmented into food and beverages, cosmetics, dietary supplements, and others (household). The distribution channel segment includes direct sales (offline) and indirect sales (online). Based on form, the almond flour market includes blanched almond flour and unblanched almond flour. Blanched almond flour has been gaining attention as one of the best choices for a healthy type of baking flour. Blanched means that the almond skin has been removed from the nut.
Geographically the global almond flour market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America is expected to dominate throughout the forecast period. The almond flour market continues to grow in the North American region as the obese population is inclined towards healthier foods, hence, driving the sales of almond flour within foodservice processors. The Asia-Pacific witnessed the highest number of product launches containing almond flour in the last decade. The prospect for growth in Japan is highest in the Asia Pacific region, owing to the highest number of product launches in the last decade, for any country across the globe.
Anthony's Goods (Associated British Foods PLC), Austrade Inc., Blue Diamond Growers, Bob's Red Mill Natural Foods, Inc., King Arthur Baking Company, Inc., Nature's Choice B.V., Nature's Eats, Inc., Treehouse California Almonds, LLC are some of the market leaders in the global almond flour industry. The global almond flour market is not diverse and primarily small-scale enterprises are running the market. The key players are anticipated to increase investments toward forming partnerships with e-commerce enterprises to inflate their market value.
The market study of the global almond flour market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include:
Financial reports of companies involved in the market.
Whitepapers, research-papers, and news blogs.
Company websites and their product catalog.
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
1. Global Almond Flour Market Research and Analysis by Application
2. Global Almond Flour Market Research and Analysis by Distribution Channel
3. Global Almond Flour Market Research and Analysis by Form
The Report Covers:
Comprehensive research methodology of the global almond flour market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global almond flour market.
Insights about market determinants which are stimulating the global almond flour market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.