Almond Market size was valued at USD USD 9.49 Bn. in 2023 and is expected to reach USD 12.92 Bn. by 2030, at a CAGR of 4.5 % forecast year.
Almond Market Overview:
The Almond market is experiencing robust growth driven by rising consumer awareness of its health benefits and increasing demand for plant-based products. Almonds are valued for their nutritional content, including high levels of protein, healthy fats, and vitamins, making them a popular choice in snacks, dairy alternatives, and culinary applications. The market's expansion is supported by growing trends towards healthier eating and sustainable agriculture practices. Additionally, advancements in almond cultivation techniques and increasing production in key regions contribute to market growth. As consumers continue to prioritize health and wellness, the almond market is set to see continued development and innovation.
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Scope Table:
Aspect |
Details |
Base Year |
2023 |
Forecast Period |
2024-2030 |
Historical Data |
2018-2023 |
Market Size in 2023 |
USD 9.49 Bn |
CAGR (2024-2030) |
4.5% |
Market Size in 2030 |
USD 12.92 Bn |
Almond Market Segmentation:
By Type
Butte Almonds
Nonpareil Almond
Sweet Almond
Peerless Almond
Green Almond
Others
Butte Almonds, Nonpareil Almond, Sweet Almond, Peerless Almond, Green Almond, and Others are the segments of the market. The Butte Almond subsegment is anticipated to yield the most revenue among them in 2023. There are many different kinds of almonds available in the market, but Butte Almonds has proven to be a top performer and is expected to generate the most income in 2023. These almonds serve a variety of industries, such as natural, roasted, or flavored snacks, confectionery, energy bars, and bakery products. Other types that they come in are Nonpareil, Sweet Almond, Peerless Almond, Green Almond, and more. Butte Almonds' distinctive characteristics and adaptability have helped them become more well-known.
by Application
Almond powder
Almond Oil
Almond Milk
Chocolates
Almond Paste
Almond Flour
Cosmetic products
by Sales Channel
Online
Offline
by End User
Bakery
Pharmaceutical companies
Dairy
Home Kitchen
Hotel/Restaurants
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Almond Market Key Players:
1. California Almonds
2. Harris Family Enterprises
3. Ofi
4. Treehouse California Almonds
5. ALMONDCO AUSTRALIA
6. Jonny Almond Nut Company
7. Harris Woolf Almonds
8. Blue Diamond Growers
9. Waterford Nut Company
10. RPAC LLC
11. Big Tree Organic Farms
12. ROYAL NUT COMPANY
13. Wonderful Pistachios & Almonds LLC
14. Campos Brothers Farms
15. The Almond Tree Nut Company
16. Western Nut Company
17. South Valley Farms
18. Almond Ace
19. BAPU Almonds
20. Chico Nut Company
21. Select Harvests
22. Sran Family Orchards
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Regional Insights:
The Regional Analysis section displays the present state of the Almond market in each of the study's participating nations. Due to the complexity of the Almond business, local perspectives must be considered. North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa are the regions that comprise the Almond market. We extensively examine each research region's market size, growth rate, imports and exports, as well as other particular characteristics.
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Key questions answered in the Almond Market are:
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