The increasing demand for healthy and nutritional products
contributes significantly to the steady increase in the number of almond-based
products. Growing geriatric and obese populations in developed countries such
as Germany, the United Kingdom, and the United States demand food products containing
Almond
Nutrition, particularly almonds.
Consumers are gradually adopting healthy eating habits in
order to prevent disease. Growing health consciousness increased chronic disease
risk, and lifestyle changes are some of the major factors driving demand for
nutritious and healthier products.
According to a recent report by Future Market Insights, a
market research and competitive intelligence provider, the Almond Nutrition
market is estimated to reach a value of USD 17 Bn by 2032, surging at 10%
CAGR through the decade.
To meet consumer demand, food and beverage manufacturers use
marketing strategies such as product line extensions, innovative formulations,
and novel packaging. Manufacturers are developing new products for
health-conscious consumers that contain unwanted nutrients such as fats and
sugars. Furthermore, “natural” products have been the leading trend in product
launches in recent years. Product launches that make claims about the absence
of additives and the presence of clean-label ingredients are also appealing to
consumers.
Key Takeaways from Market Study
- Between
2022 and 2032, China’s market is expected to grow at the fastest CAGR of
7%.
- The
consumption of roasted almond nuts in Germany increased from 343,000 to
415,000 tonnes.
- The Almond Nutritions industry in India is
growing as a result of changing customer lifestyles and rising disposable
income.
- The
growing emphasis on developing quality food products with plant-based and
gluten-free ingredients is driving the growth rate of the Almond Nutritions market in the United
States.
- Because
of their health benefits, almond-based snacks are becoming increasingly
popular in the United Kingdom. This is driving up demand for Almond Nutritions in the UK.
“Rising customer health consciousness, increased
awareness of lipid transfer proteins in Almond Nutritions, rising demand for almond
and indehiscent fruit snack bars, and increased investment by key players to
develop quality Almond Nutritions are
expected to drive the growth of the Almond Nutritions Market between 2022 and
2032,” says a Future Market Insights analyst.
Competitive Landscape
In order to meet the growing demand for Almond Nutritions, market players have adopted
various business strategies such as expansions, new product launches,
agreements, partnerships, collaborations, and acquisitions in recent years.
- Hughson
Nut was acquired by Olam International Limited (Singapore) in December
2019. (California). This aided the company in expanding its Almond Nutrition capacity and meeting
rising demand from customers both within and outside the United States.
- Blue
Diamond Growers signed a multiyear licencing partnership agreement with
Grupo LAlA (Mexico), a leading healthy and nutritious food company, in
February 2019. This agreement would assist the company in selling and
distributing its “Almond Breeze” almond milk/beverage in Mexico.
DM, Royal Nut Company., TREEHOUSE ALMONDS, The Wonderful
Company LLC., Kanegrade., SAVENCIA SA, BORGES AGRICULTURAL & INDUSTRIAL
NUTS, S.A, JOHN B. SANFILIPPO & SON, INC., Blue Diamond Growers, and others
are major players in the Almond
Nutritions market.
Explore More Valuable Insights
Future Market Insights, in its new report, offers an
impartial analysis of the global Almond
Nutritions market, presenting historical data (2017-2021) and estimation
statistics for the forecast period of 2022-2032.
The study offers compelling insights based on
type (Whole Almonds, Almond Pieces, Almond Flour, Almond Milk, Other
types, Sablages, Almond oil, Crocants, Flavor extracts) application (Snacks,
Bars, Bakery, Confectionery, Milk substitutes & ice creams, Nut & Seed
butter, RTE Cereals, Salads, Sauces, Artisan foods, Food services, Other
processed foods, Cosmetic applications) region (North America, Europe, Asia
Pacific, Latin America, Middle East, Africa).
Thanks for reading this article; you can also get
individual chapter wise section or region wise report version like North
America, Europe or Asia.
Read More” https://www.futuremarketinsights.com/reports/almond-ingredients-market