Almond Flour Market: Global Industry Analysis and Forecast (2023-2029)


Almond Flour Market size was valued at US$ 1.24 Bn in 2022 and the total revenue is expected to grow at a CAGR of 8.1% through 2023 to 2029, reaching nearly US$ 2.15 Bn in the forecast period.

The global Almond Flour Market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Almond Flour Market report also provides trends by market segments, Product Type, and investment with a competitive landscape Polystyrene Grade.Almond Flour MarketTo know about the Research Methodology :- Request Free Sample Report

Almond Flour Market Overview:

Almond meal is usually made from raw (unpeeled) almonds by crushing them in a mixer or grinder almond flour is made from blanched (peeled) almonds. Compared to almond meals, almond flour has a finer texture and lighter color.

Almond Flour Market Dynamics:

The global almond flour market was valued at USD 1.24 billion in 2022 and is estimated to reach USD 2.15 billion with a CAGR of 8.1% during the forecast period.

Almond flour is an alternative to traditional flour and is widely accepted due to its low glycemic index and low carb content packed with nutritional content. Almond flour has a slightly sweeter taste as compared to wheat or any other grain flour. Almond flour contains proteins, minerals, and essential nutrients, and vitamins like Vitamin E, Vitamin A, Omega fatty acids, Vitamin B. Moreover, the growing number of the confectionery industry, food industry, and development in bakery industry is further boosting the fueling the demand of almond flour market in the forecast period.

Additionally, almond flour is widely used in various applications like cosmetics, cream, oil, and household purpose. Moreover, consumers on the paleo diet choose to prefer almond flour and milk due to the low carb content in them. And the rising standards of individual growing demand for derived products are boosting the market growth in the forecast period.

Almond Flour Market Segment Analysis:

By Product Type, the segment is bifurcated into Natural Almond flour and Blenched almond flour. The blanched almond flour segment is dominating the product type segment of the almond flour market and is estimated to share maximum output in terms of revenue during the forecast period. Due to the growing demand for bakery and confectionery foodstuffs globally Blanched almond flour is more preferred in almond flour in consumers, together with the rise in demand for high protein bakery products. Moreover, the market for blanched almond flour is anticipated to grow with a CAGR of 7.87% in the forecast period.

By Application, the segment is divided into Bakery, Confectionery, Cosmetics, and Other. The bakery segment is dominating the application segment of the almond flour market. Due to wider nutrition value-packed with low calories are royally consumed by the consumers focusing on health and low-calorie diet. Almond flour is widely used in place of wheat or any other grain. Almond flour is used for pancakes, scones, breading, pasta, biscuits, Gluten-free Cookies, macrons, and various others. Consumers are more dominated towards healthy lifestyle patterns with fancy food consumption. Almond flour is considered to be the best flour for weight loss as compared to wheat flour, owed to low carb content and extremely low glycemic index and this helps in reducing sugar levels in the blood, and this ultimately leading to weight loss. Obesity is a major issue that is anticipated to boost the demand for almond flour by value and volume both in the forecast period.

By Distribution Channel, the segment is bifurcated into Online and Offline. The offline segment is dominating the distribution channel of the Almond Flour Market. The market is growing with a larger consumer base and growing retailers and supermarkets and hypermarkets simultaneous with the growing population and the consumer demand. As the consumer prefer buying food products more from the groceries and the brick-and-mortar groceries due to easy access and growing availability. The segment business to consumer is growing with the highest CAGR in the forecast period. Due to a wider consumer base and demand Specialty stores are presenting a variety of almond flour products with healthier nutrients, and this nutritional content attracts the consumer, thereby impelling the growth of the market.Almond Flour Market

Almond Flour Market Regional Insights:

Almond Flour Market is regionally segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.

North America is dominating the almond flour market in the year 2022 and was estimated to grow in the forecast period of the global almond flour market. As the consumption of almond flour together with the production of almonds and their products is larger in North America. The North American market in the region is estimated to gain wide attraction during the forecast period.

Asia-Pacific is estimated to grow with the highest CAGR of 8.7%. The growth in the Asia Pacific is attributed to proliferating food industry and bakery processing companies, with substantial improvement of almond-derived products.

The objective of the report is to present a comprehensive analysis of the global Almond Flour Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the global Almond Flour Market dynamics, structure by analyzing the market segments and project the global Almond Flour Market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the global Almond Flour Market make the report investor’s guide.

Almond Flour Market Scope: Inquire before buying






Almond Flour Market




Report Coverage
Details




Base Year:
2022
Forecast Period:
2023-2029




Historical Data:
2018 to 2022
Market Size in 2022:
US $ 1.24 Bn.




Forecast Period 2023 to 2029 CAGR:
8.1%
Market Size in 2029:
US $ 2.15 Bn.




 Segments Covered:
by Product
Natural Almond Flour
Blanched Almond Flour




by Application
Bakery
Confectionery
Cosmetics
Others




by Distribution Channel
Online
Offline






Almond Flour Market, by Region

North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)

Almond Flour Market Key Players are:

1. Hodgson Mill
2. WellBees
3. Honest to Goodness
4. Blue Diamond Almonds
5. TREEHOUSE ALMONDS
6. Almondco Australia Ltd.
7. Cargill Incorporated
8. Barney Butter
9. Blue Diamond Growers
10.Bob’s Red Mill Natural Foods
11.Oleander Bio, SA

Frequently Asked questions

1. What is the market size of the Global Almond Flour Market in 2022?
Ans. The market size Global Almond Flour Market in 2022 was US$ 1.24 Billion.

2. What are the different segments of the Global Almond Flour Market?
Ans. The Global Almond Flour Market  is divided into Product, Application and Distribution Channel.

3. What is the study period of this market?
Ans. The Global Almond Flour Market will be studied from 2022 to 2029.

4. Which region is expected to hold the highest Global Almond Flour Market share?
Ans. The Asia Pacific dominates the market share in the  market.

5. What  is the Forecast Period of Global Almond Flour Market?
Ans. The Forecast Period of the market is 2023-2029 in the market. 




1. Preface
1.1. Market Definition and Key Research Objectives
1.2. Research Highlights
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Application
2.3.2. Primary Research
2.3.2.1. Data from Primary Application
2.3.2.2. Breakdown of Primary Application
3. Executive Summary: Global Almond Flour Market Size, by Market Value (US$ Mn)
3.1. Global Market Segmentation
3.2. Global Market Segmentation Share Analysis, 2019
3.2.1. Global
3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
3.3. Geographical Snapshot of the Almond Flour Market
3.4. Geographical Snapshot of the Almond Flour Market, By Manufacturer share
4. Global Almond Flour Market Overview, 2022-2029
4.1. Market Dynamics
4.1.1. Drivers
4.1.1.1. Global
4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.2. Restraints
4.1.2.1. Global
4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.3. Opportunities
4.1.3.1. Global
4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.4. Challenges
4.1.4.1. Global
4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.5. Industry Trends and Emerging Technologies
4.1.6. Porters Five Forces Analysis
4.1.6.1. Threat of New Entrants
4.1.6.2. Bargaining Power of Buyers/Consumers
4.1.6.3. Bargaining Power of Suppliers
4.1.6.4. Threat of Substitute Grades
4.1.6.5. Intensity of Competitive Rivalry
4.1.7. Value Chain Analysis
4.1.8. Technological Roadmap
4.1.9. Regulatory landscape
4.1.10. Impact of the Covid-19 Pandemic on the Global Almond Flour Market
5. Supply Side and Demand Side Indicators
6. Global Almond Flour Market Analysis and Forecast, 2022-2029
6.1. Global Almond Flour Market Size & Y-o-Y Growth Analysis.
7. Global Almond Flour Market Analysis and Forecasts, 2022-2029
7.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029
7.1.1. Natural Almond Flour
7.1.2. Blanched Almond Flour
7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
7.2.1. Bakery
7.2.2. Confectionery
7.2.3. Cosmetics
7.2.4. Others
7.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029
7.3.1. Online
7.3.2. Offline
8. Global Almond Flour Market Analysis and Forecasts, By Region
8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029
8.1.1. North America
8.1.2. Europe
8.1.3. Asia-Pacific
8.1.4. Middle East & Africa
8.1.5. South America
9. North America Almond Flour Market Analysis and Forecasts, By Region
9.1. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029
9.1.1. Natural Almond Flour
9.1.2. Blanched Almond Flour
9.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
9.2.1. Bakery
9.2.2. Confectionery
9.2.3. Cosmetics
9.2.4. Others
9.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029
9.3.1. Online
9.3.2. Offline
10. North America Almond Flour Market Analysis and Forecasts, By Country
10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029
10.1.1. US
10.1.2. Canada
10.1.3. Mexico
11. U.S. Almond Flour Market Analysis and Forecasts, 2022-2029
11.1. Market Size (Value) Estimates & Forecast By Product Type’s, 2022-2029
11.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
11.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029
12. Canada Almond Flour Market Analysis and Forecasts, 2022-2029
12.1. Market Size (Value) Estimates & Forecast By Product Type’s, 2022-2029
12.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
12.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029
13. Mexico Almond Flour Market Analysis and Forecasts, 2022-2029
13.1. Market Size (Value) Estimates & Forecast By Product Type’s, 2022-2029
13.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
13.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029
14. Europe Almond Flour Market Analysis and Forecasts, 2022-2029
14.1. Market Size (Value) Estimates & Forecast By Product Types, 2022-2029
14.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
14.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029
15. Europe Almond Flour Market Analysis and Forecasts, By Country
15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029
15.1.1. U.K
15.1.2. France
15.1.3. Germany
15.1.4. Italy
15.1.5. Spain
15.1.6. Sweden
15.1.7. CIS Countries
15.1.8. Rest of Europe
16. U.K Almond Flour Market Analysis and Forecasts, 2022-2029
16.1. Market Size (Value) Estimates & Forecast By Product Type’s, 2022-2029
16.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
16.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029
17. France Almond Flour Market Analysis and Forecasts, 2022-2029
17.1. Market Size (Value) Estimates & Forecast By Product Type’s, 2022-2029
17.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
17.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029
18. Germany Almond Flour Market Analysis and Forecasts, 2022-2029
18.1. Market Size (Value) Estimates & Forecast By Product Type’s, 2022-2029
18.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
18.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029
19. Italy Almond Flour Market Analysis and Forecasts, 2022-2029
19.1. Market Size (Value) Estimates & Forecast By Product Type’s, 2022-2029
19.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
19.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029
20. Spain Almond Flour Market Analysis and Forecasts, 2022-2029
20.1. Market Size (Value) Estimates & Forecast By Product Type’s, 2022-2029
20.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
20.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029
21. Sweden Almond Flour Market Analysis and Forecasts, 2022-2029
21.1. Market Size (Value) Estimates & Forecast By Product Type’s, 2022-2029
21.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
21.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029
22. CIS Countries Almond Flour Market Analysis and Forecasts, 2022-2029
22.1. Market Size (Value) Estimates & Forecast By Product Type’s, 2022-2029
22.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
22.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029
23. Rest of Europe Almond Flour Market Analysis and Forecasts, 2022-2029
23.1. Market Size (Value) Estimates & Forecast By Product Type’s, 2022-2029
23.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
23.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029
24. Asia Pacific Almond Flour Market Analysis and Forecasts, 2022-2029
24.1. Market Size (Value) Estimates & Forecast By Product Type’s, 2022-2029
24.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
24.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029
25. Asia Pacific Almond Flour Market Analysis and Forecasts, by Country
25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029
25.1.1. China
25.1.2. India
25.1.3. Japan
25.1.4. South Korea
25.1.5. Australia
25.1.6. ASEAN
25.1.7. Rest of Asia Pacific
26. China Almond Flour Market Analysis and Forecasts, 2022-2029
26.1. Market Size (Value) Estimates & Forecast By Product Type’s, 2022-2029
26.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
26.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029
27. India Almond Flour Market Analysis and Forecasts, 2022-2029
27.1. Market Size (Value) Estimates & Forecast By Product Type’s, 2022-2029
27.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
27.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029
28. Japan Almond Flour Market Analysis and Forecasts, 2022-2029
28.1. Market Size (Value) Estimates & Forecast By Product Type’s, 2022-2029
28.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
28.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029
29. South Korea Almond Flour Market Analysis and Forecasts, 2022-2029
29.1. Market Size (Value) Estimates & Forecast By Product Type’s, 2022-2029
29.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
29.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029
30. Australia Almond Flour Market Analysis and Forecasts, 2022-2029
30.1. Market Size (Value) Estimates & Forecast By Product Type’s, 2022-2029
30.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
30.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029
31. ASEAN Almond Flour Market Analysis and Forecasts, 2022-2029
31.1. Market Size (Value) Estimates & Forecast By Product Type’s, 2022-2029
31.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
31.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029
32. Rest of Asia Pacific Almond Flour Market Analysis and Forecasts, 2022-2029
32.1. Market Size (Value) Estimates & Forecast By Product Type’s, 2022-2029
32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
32.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029
33. Middle East Africa Almond Flour Market Analysis and Forecasts, 2022-2029
33.1. Market Size (Value) Estimates & Forecast By Product Type’s, 2022-2029
33.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
33.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029
34. Middle East Africa Almond Flour Market Analysis and Forecasts, by Country
34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029
34.1.1. South Africa
34.1.2. GCC Countries
34.1.3. Egypt
34.1.4. Nigeria
34.1.5. Rest of ME&A
35. South Africa Almond Flour Market Analysis and Forecasts, 2022-2029
35.1. Market Size (Value) Estimates & Forecast By Product Type’s, 2022-2029
35.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
35.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029
36. GCC Countries Almond Flour Market Analysis and Forecasts, 2022-2029
36.1. Market Size (Value) Estimates & Forecast By Product Type’s, 2022-2029
36.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
36.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029
37. Egypt Diamond Wire e Market Analysis and Forecasts, 2022-2029
37.1. Market Size (Value) Estimates & Forecast By Product Type’s, 2022-2029
37.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
37.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029
38. Nigeria Almond Flour Market Analysis and Forecasts, 2022-2029
38.1. Market Size (Value) Estimates & Forecast By Product Type’s, 2022-2029
38.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
38.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029
39. Rest of ME&A Almond Flour Market Analysis and Forecasts, 2022-2029
39.1. Market Size (Value) Estimates & Forecast By Product Type’s, 2022-2029
39.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
39.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029
40. South America Almond Flour Market Analysis and Forecasts, 2022-2029
40.1. Market Size (Value) Estimates & Forecast By Product Type’s, 2022-2029
40.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
40.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029
41. South America Almond Flour Market Analysis and Forecasts, by Country
41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029
41.1.1. Brazil
41.1.2. Argentina
41.1.3. Rest of South America
42. Brazil Almond Flour Market Analysis and Forecasts, 2022-2029
42.1. Market Size (Value) Estimates & Forecast By Product Type’s, 2022-2029
42.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
42.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029
43. Argentina Almond Flour Market Analysis and Forecasts, 2022-2029
43.1. Market Size (Value) Estimates & Forecast By Product Type’s, 2022-2029
43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
43.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029
44. Rest of South America Almond Flour Market Analysis and Forecasts, 2022-2029
44.1. Market Size (Value) Estimates & Forecast By Product Type’s, 2022-2029
44.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
44.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029
45. Competitive Landscape
45.1. Geographic Footprint of Major Players in the Global Almond Flour Market
45.2. Competition Matrix
45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Fiber Grades and R&D Investment
45.2.2. New Grade Launches and Grade Enhancements
45.2.3. Market Consolidation
45.2.3.1. M&A by Regions, Investment and Verticals
45.2.3.2. M&A, Forward Integration and Backward
Integration
45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
45.3. Company Profile : Key Players
45.3.1. Hodgson Mill
45.3.1.1. Company Overview
45.3.1.2. Financial Overview
45.3.1.3. Geographic Footprint
45.3.1.4. Grade Portfolio
45.3.1.5. Business Strategy
45.3.1.6. Recent Developments
45.3.2. Hodgson Mill
45.3.3. WellBees
45.3.4. Honest to Goodness
45.3.5. Blue Diamond Almonds
45.3.6. TREEHOUSE ALMONDS
45.3.7. Almondco Australia Ltd.
45.3.8. Cargill Incorporated
45.3.9. Barney Butter
45.3.10. Blue Diamond Growers
45.3.11. Bob’s Red Mill Natural Foods
45.3.12. Oleander Bio, SA
46.Primary Key Insights
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