The global almond flour market is estimated to record a substantial CAGR of 7.2% during the forecast period. Almond flour is gaining widespread significance as an alternative to conventional wheat flour. Almond flour is packed with nutrients, low in carbs, and has a marginally sweeter taste. It also provides more health benefits relative to conventional wheat flour, such as reducing insulin resistance and bad LDL cholesterol. It is gluten-free and has gained significant attention for use in gluten-free snacks, in recent times. Almond-based products have abundant applications in the bakery, confectionery, and cosmetics. In recent times, bakery, confectionery, and cosmetics companies have invested heavily in R&D to utilize almond flour to enhance the nutritional values, taste, and characteristics of their food products.
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Consumers are increasingly focused on health and fitness. An increasing number of health-conscious and active consumers have been witnessed to be inclined towards natural/organic products. Thus, driving the demand for organic almond flour as a base ingredient in numerous food products. Due to its beneficial nutritious properties, organic almond flour has gained popularity within foodservice providers as well as consumers for household applications. Furthermore, blanched almond flour has also been gaining momentum as it is beneficial for skin and hair and thus, extensively used in the cosmetics and personal care industry.
Market Coverage
· The market number available for – 2019-2026
· Base year- 2019
· Forecast period- 2020-2026
· Segment Covered- by Application, Distribution Channel, and Form
· Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
· Competitive Landscape- 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., and Nature's Eats, Inc.
Key questions addressed by the report
· What is the market growth rate?
· Which segment/region dominates the market in the base year?
· Which segment/region will project the fastest growth in the market?
· How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected region/segment
· Who is the leader in the market?
· How players are addressing challenges to sustain growth?
· Where is the investment opportunity?
Global Almond Flour Market Report Segment
By Form
· Blanched Almond Flour
· Unblanched Almond Flour
By Product
· Food and Beverages
· Cosmetics
· Dietary Supplements
· Others (Household)
By Distribution Channel
· Direct Sales (Offline)
· Indirect Sales (Online)
A full report of Almond Flour Market is available at: https://www.omrglobal.com/industry-reports/almond-flour-market
Almond Flour Market– Segment by Region
North America
· United States
· Canada
Europe
· Germany
· United Kingdom
· France
· Spain
· Italy
· Rest of Europe
Asia-Pacific
· China
· Japan
· India
· Rest of Asia-Pacific
Rest of the World
· Middle East & Africa
· Latin America
Company Profiles
· American Almond Products Company, Inc. (Barry Callebaut)
· Anthony's Goods (Associated British Foods plc)
· Alldrin Brothers.
· Austrade Inc.
· Barney Butter
· Blue Diamond Growers
· Bob's Red Mill Natural Foods, Inc.
· Divine Organics (Transistion Nutrition)
· Grain-Free JK Gourmet
· Hodgson Mill
· King Arthur Baking Company, Inc.
· Kirkland Signature (Costco Wholesale Corporation)
· Nature's Choice B.V.
· Nature's Eats, Inc.
· Oleander Bio, S.A.
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