Almond Ingredients

Global Almond Ingredients Market to Reach US$17.5 Billion by 2030

The global market for Almond Ingredients estimated at US$10.9 Billion in the year 2024, is expected to reach US$17.5 Billion by 2030, growing at a CAGR of 8.3% over the analysis period 2024-2030. Whole Almonds, one of the segments analyzed in the report, is expected to record a 11.5% CAGR and reach US$1.8 Billion by the end of the analysis period. Growth in the Almond Pieces segment is estimated at 8.9% CAGR over the analysis period.

The U.S. Market is Estimated at US$3.0 Billion While China is Forecast to Grow at 13.1% CAGR

The Almond Ingredients market in the U.S. is estimated at US$3.0 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.8 Billion by the year 2030 trailing a CAGR of 13.1% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 4.1% and 8.0% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.5% CAGR.

Global Almond Ingredients Market – Key Trends & Drivers Summarized

Why Is the Demand for Almond Ingredients Surging Across Various Industries?
The demand for almond ingredients is surging across multiple industries due to the increasing consumer preference for plant-based, nutrient-rich, and clean-label products. Almonds, known for their versatility and health benefits, have become a staple ingredient in various food and beverage applications, including dairy alternatives, bakery products, snacks, and confectionery. The rise of health-conscious consumers seeking natural and minimally processed food has further fueled the demand for almond-based products. Additionally, the shift toward flexitarian and vegan diets has prompted food manufacturers to incorporate almond ingredients into their formulations, catering to consumers looking for dairy-free and gluten-free options. The growing perception of almonds as a superfood, packed with essential nutrients such as healthy fats, protein, and vitamins, has contributed to their widespread adoption in functional food and beverage products.

Apart from the food and beverage sector, the personal care and pharmaceutical industries are also witnessing a growing interest in almond ingredients. The cosmetic industry, in particular, is incorporating almond oil and extracts into skincare and haircare formulations due to their hydrating and antioxidant properties. Furthermore, the pharmaceutical sector is exploring the potential of almond-based supplements in preventive healthcare, targeting consumers looking to boost their immunity and overall well-being. The versatility of almond ingredients, coupled with their ability to enhance the nutritional profile of various products, makes them an attractive option across a wide range of applications. With increasing awareness regarding the benefits of plant-based nutrition, the demand for almond ingredients is expected to continue on an upward trajectory in the coming years.

How Are Technological Innovations Enhancing Almond Ingredient Production?
Technological advancements in almond processing are revolutionizing the production landscape, allowing manufacturers to improve the quality, efficiency, and sustainability of almond ingredients. Innovations such as cold-press extraction techniques are helping to preserve the natural nutrients of almonds, ensuring high-quality almond oil for both food and cosmetic applications. Similarly, advancements in milling technologies have resulted in the production of fine, consistent almond flour, which is in high demand for gluten-free and low-carb baking applications. Spray-drying and encapsulation techniques have also enabled the development of almond powders with improved solubility and stability, making them suitable for functional beverages and nutritional supplements. These innovations are helping manufacturers cater to the evolving needs of consumers who demand products with enhanced taste, texture, and shelf life.

Automation and digitization are further enhancing production efficiency, allowing manufacturers to optimize raw material usage, reduce waste, and maintain consistent quality standards. The integration of artificial intelligence and IoT in production lines enables real-time monitoring of processing parameters, ensuring precision in almond ingredient formulations. Moreover, sustainability is becoming a key focus, with companies adopting water-efficient processing methods and utilizing almond by-products to create value-added products, such as almond protein isolates and dietary fibers. These technological advancements not only improve operational efficiencies but also help meet the growing demand for environmentally friendly and ethically sourced almond ingredients.

What Are the Emerging Applications and Market Trends in Almond Ingredients?
The expanding applications of almond ingredients across various industries are driving new market trends and opening up lucrative opportunities for manufacturers. In the food and beverage industry, almonds are increasingly being used in plant-based dairy alternatives, such as almond milk, yogurt, and cheese, as consumers seek nutritious, dairy-free options. The bakery and confectionery sectors are also incorporating almond ingredients in a variety of products, from protein bars to keto-friendly pastries, catering to the demand for healthier snack options. The growing popularity of almond-based protein powders and energy bars among fitness enthusiasts highlights the rising trend of functional foods, where almonds provide a natural source of protein, fiber, and essential nutrients.

Beyond traditional food applications, almond ingredients are making inroads into the personal care and cosmetics industry, where almond oil and extracts are being used in moisturizing creams, serums, and shampoos. The increasing consumer preference for natural and organic beauty products has driven demand for plant-derived ingredients, with almonds offering hydration and anti-aging benefits. Another emerging trend is the use of almond-based ingredients in the pharmaceutical and nutraceutical sectors, where their potential to support heart health, weight management, and immune function is being widely explored. As the health and wellness trend continues to evolve, almond ingredients are expected to play a crucial role in shaping new product innovations across diverse industries.

What Are the Key Factors Driving the Growth of the Almond Ingredients Market?
The growth in the global almond ingredients market is driven by several factors, including advancements in processing technologies, increasing consumer demand for plant-based foods, and the expanding range of end-use applications. The rising awareness of plant-based diets and clean-label products has prompted food manufacturers to develop innovative almond-based offerings that cater to the growing health-conscious consumer base. Technological innovations in extraction and processing have enabled the production of high-quality almond ingredients with enhanced functionality and shelf stability, driving their adoption across multiple industries. Additionally, the expanding distribution network, including retail stores, specialty health food outlets, and e-commerce platforms, has made almond-based products more accessible to consumers worldwide.

The increasing focus on sustainability and ethical sourcing has also influenced the market growth, with consumers preferring brands that prioritize responsible almond cultivation practices. The demand for organic and non-GMO almond ingredients is on the rise, further driving investments in sustainable farming and supply chain transparency. Moreover, the rising popularity of fortified and functional foods, where almond ingredients are used to enhance nutritional value, is contributing to market expansion. As more consumers seek personalized and health-focused products, the almond ingredients market is expected to witness sustained growth, driven by continuous innovation and evolving consumer preferences.

SCOPE OF STUDY:

The report analyzes the Almond Ingredients market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Product Type (Whole Almonds, Almond Pieces, Almond Flour, Almond Paste, Almond Milk, Almond Oil, Other Almond Types); Distribution Channel (Hypermarkets/Supermarkets, Convenience Stores, Online Distribution Channel, Other Distribution Channels); Application (Bakery and Confectionery Application, Milk Substitutes and Ice Creams Application, RTE Cereals Application, Sweet and Savory Snacks Application, Nut and Seed Butters Application, Other Applications)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 36 Featured) -

• Archer Daniels Midland Company
• Barry Callebaut AG
• Blue Diamond Growers, Inc.
• Borges Agricultural & Industrial Nuts SA
• ConnOils LLC
• Dohler GmbH
• Harris Woolf California Almonds
• John B. Sanfilippo & Son, Inc.
• Kanegrade Ltd
• Olam Group Limited
• Savencia SA
• Treehouse California Almonds

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.