Almond Ingredients Market - Forecasts from 2025 to 2030

The almond ingredients market is estimated to grow at a CAGR of 5.40% to attain US$11.94 billion in 2030 from US$9.18 billion in 2025.

The almond ingredient includes products like whole almonds, almond pieces, almond flour, almond paste, almond milk, almond oil, almond extract, almond flavors, and other ingredients. They are used for multiple purposes, including making snacks in bakeries and confectionaries. They are also used in cosmetic industries. Dairy products made with almond milk are popular amongst the vegan population. Almonds also have a high nutritional value, which is the key factor driving the demand for almond ingredients. It is good for maintaining the heart rate and keeping blood pressure low. Additionally, almonds are good for Alzheimer's patients as they have vitamin E. Further, a rising plant-based population has contributed to the market’s expansion.

Market Trends:

• Growing Vegan Population: The expanding vegan population is encouraging companies to develop plant-based food options, such as almond milk and its derivatives, including cheese, butter, ice cream, and yogurt. Veganism is a lifestyle that avoids animal products, particularly in diets, and is rooted in a philosophy that rejects treating animals as commodities. Vegans, who follow this principle, rely on plant-based eating, with almond milk serving as a popular alternative to animal milk.
• Demand for Gluten-Free Products: The rising global appetite for gluten-free foods is a major driver behind the growth of the almond ingredient market. As demand increases for gluten-free snacks and baked goods, the need for almond-based ingredients is expected to climb accordingly.
• Asia Pacific: The Asia Pacific region is projected to see notable growth over the forecast period. A key factor fueling this market’s rise is the growing consumer shift toward healthier food choices. Additionally, the increasing popularity of gluten-free products is anticipated to further accelerate market expansion in the region.

Some of the major players covered in this report include Barry Callebaut Group, Blue Diamond Growers, Borges Agricultural And Industrial Nuts, Olam International, ADM, Wonderful Company LLC, Treehouse California Almonds, Harris Woolf California Almonds, John B Sanfilippo & Son Inc., Royal Nut Company, Döhler GmbH, and Bardakci Group, among others.

Key Benefits of this Report:

• Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, and other sub-segments.
• Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
• Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape future market developments.
• Actionable Recommendations: Utilize the insights to exercise strategic decisions to uncover new business streams and revenues in a dynamic environment.
• Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.

What can businesses use this report for?

Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence.

Report Coverage:

• Historical data from 2022 to 2024 & forecast data from 2025 to 2030
• Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, and Trend Analysis
• Competitive Positioning, Strategies, and Market Share Analysis
• Revenue Growth and Forecast Assessment of segments and regions including countries
• Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)

Almond Ingredients Market Segmentation:

By Type

• Whole Almond
• Almond Pieces
• Almond Flour
• Almond Paste
• Almond Milk
• Almond Oil
• Almond extract
• Others

By Application

• Bakery and Confectionery
• Dairy (milk substitute & ice creams and nut & seed butters)
• Snacks and Cereals
• Cosmetics
• Others

By Region

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa