1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Geographic Scope
           1.3.2 Periodization Considered
    1.4 Currency Considered
    1.5 Stakeholders

2 Research Methodology (Page No. - 21)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Breakdown of Primary Interviews
    2.2 Market Size Estimation
    2.3 Data Triangulation
    2.4 Research Assumptions
    2.5 Research Limitations

3 Executive Summary (Page No. - 29)

4 Premium Insights (Page No. - 33)
    4.1 Opportunities in the Almond Ingredients Market
    4.2 Almond Ingredients Market: Key Countries, 2018
    4.3 Almond Ingredients Market, By Type, 2019 vs. 2025
    4.4 Almond Ingredients Market, By Application, 2019 vs. 2025
    4.5 Europe: Almond Ingredients Market, By Type and Country, 2018

5 Market Overview (Page No. - 37)
    5.1 Introduction
    5.2 Patent Analysis
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Nutritional Benefits Offered By Almond Ingredients to Drive the Market
                    5.3.1.2 Rapid Increase in Almond-Based New Product Launches By Key Players
                               5.3.1.2.1 Product Innovations and Variations
                               5.3.1.2.2 Increase in Adoption of Almonds in Snacks & Processed Food
                    5.3.1.3 Growing Demand for Plant Based Proteins & Beverages
                               5.3.1.3.1 Growing Consumer Preference for A Vegan and Gluten-Free Diets
                    5.3.1.4 Associations & Organizations Promoting the Nut Ingredient Industry
           5.3.2 Restraints
                    5.3.2.1 Growing Incidences of Almond Allergy Among Consumers
                    5.3.2.2 Volatile Prices of Raw Materials
                               5.3.2.2.1 Changing Trade Policies
           5.3.3 Opportunities
                    5.3.3.1 Growing Demand in the Asia Pacific Market
                               5.3.3.1.1 Expansions By the Key Players and Resources Present in the Region
                    5.3.3.2 Potential for Diversification Into Other Application Sectors
                    5.3.3.3 Technological Advancements Enabling the Trade of Raw Materials
           5.3.4 Challenges
                    5.3.4.1 Food Safety Issues Along the Supply Chain of Almond Trading
                    5.3.4.2 Complexity in Supply Chain of Almond Ingredients Market

6 Almond Ingredients Market, By Application (Page No. - 55)
    6.1 Introduction
    6.2 Snacks & Bars
           6.2.1 Growing Demand for Health-Based Snacks to Drive the Market
    6.3 Bakery & Confectionery
           6.3.1 Bakery
                    6.3.1.1 Increased Usage of Almond Flavor in Baked Foods and Confectionery to Drive the Market
           6.3.2 Confectionery
                    6.3.2.1 Increasing Demand for Chocolate Confections With Almond Inclusions Drives the Market
    6.4 Milk Substitutes & Ice Creams
           6.4.1 Milk Substitutes
                    6.4.1.1 The Growing Demand for Dairy Alternatives to Drive the Milk-Substitutes Market
           6.4.2 Ice Creams
                    6.4.2.1 The Premium Range of Almond Based Low-Fat Ice Creams are Driving the Market
    6.5 Nut & Seed Butters
           6.5.1 A Rising Number of Product Innovations to Drive the Market
    6.6 RTE Cereals
           6.6.1 Rising Trend for Healthy Breakfast Cereals and Muesli to Drive the Market
    6.7 Others
           6.7.1 Almond Oil and Artisan Foods at A Trending Stage

7 Almond Ingredients Market, By Type (Page No. - 65)
    7.1 Introduction
    7.2 Whole Almonds
           7.2.1 Rise in Trend of Consuming Healthier Food to Drive the Market
    7.3 Almond Pieces
           7.3.1 Presence of Wide Range Almond Pieces for Various Applications
    7.4 Almond Flour
           7.4.1 The Demand for Gluten-Free Food Products to Drive the Market
    7.5 Almond Paste
           7.5.1 Application in Marzipan and Almond Milk to Drive the Market
    7.6 Almond Milk
           7.6.1 Rise in Cases of Lactose Intolerance and Milk Allergies to Drive the Market for Almond Milk
    7.7 Others
           7.7.1 Almond Oil and Extracts to Contribute to the Market

8 Almond Ingredients Market, By Region (Page No. - 76)
    8.1 Introduction
    8.2 North America
           8.2.1 US
                    8.2.1.1 Increasing Demand for Healthy Snacking Products to Drive the Market in the US
           8.2.2 Canada
                    8.2.2.1 Canadian Food Safety Regulations to Promote the Consumption of Natural and Health Promoting Ingredients
           8.2.3 Mexico
                    8.2.3.1 Nafta Modernization to Provide Better Trade Opportunities to the Manufacturers in the US and Mexico
    8.3 Europe
           8.3.1 Germany
                    8.3.1.1 Demand for Vegan, Gluten-Free, and Natural Foods to Drive the Market
           8.3.2 Spain
                    8.3.2.1 Largest ImpoRTEr and Consumer of Almond Ingredients
           8.3.3 France
                    8.3.3.1 Investor-Friendly Policies and Free Trade Agreements to Drive the Market Growth
           8.3.4 Italy
                    8.3.4.1 Increasing Demand for Proteins and Multivitamin-Rich Food Ingredients to Drive the Market Growth
           8.3.5 UK
                    8.3.5.1 Largest Per Capita Retail Snacking Market
           8.3.6 Rest of Europe
                    8.3.6.1 Rising Health Concerns and Increasing Vegan Population to Drive the Market
    8.4 Asia Pacific
           8.4.1 China
                    8.4.1.1 Growing Number of New Product Launches to Lead the Market
           8.4.2 India
                    8.4.2.1 The Cultural Dynamics of the Country Led the Market for Almonds in ARTEsan Foods
           8.4.3 Japan
                    8.4.3.1 Increasing Consumption of Nut-Based Food Products to Drive the Market Growth
           8.4.4 Australia & New Zealand
                    8.4.4.1 Growing Bakery & Confectionery Industry to Drive the Market
           8.4.5 Rest of Asia Pacific
                    8.4.5.1 Free Trade Policies Driving the Market Growth
    8.5 South America
           8.5.1 Brazil
                    8.5.1.1 Growing Health-Conscious Consumers to Drive the Market
           8.5.2 Argentina
                    8.5.2.1 Increased Spending on Healthcare Services and Products is Projected to Drive the Market Growth
           8.5.3 Rest of South America
                    8.5.3.1 Trend of Maintaining Health and Wellness Levels is Projected to Drive the Market Growth
    8.6 Middle East & Africa
           8.6.1 Africa
                    8.6.1.1 Establishments By Key Players to Cater to the Increasing Demand Remains A Key Factor for the Market Growth in Africa
           8.6.2 Middle East
                    8.6.2.1 High Consumption for Artisan Foods and Services

9 Competitive Landscape (Page No. - 134)
    9.1 Overview
    9.2 Competitive Leadership Mapping (Overall Market)
           9.2.1 Visionary Leaders
           9.2.2 Innovators
           9.2.3 Dynamic Differentiators
           9.2.4 Emerging Companies
    9.3 Competitive Benchmarking
           9.3.1 Strength of Product Portfolios
           9.3.2 Business Strategy Excellence
    9.4 Competetive Leadership Mapping (Start-Up/SME)
           9.4.1 Progressive Companies
           9.4.2 Starting Blocks
           9.4.3 Responsive Companies
           9.4.4 Dynamic Companies
    9.5 Competitive Benchmarking for Start-Ups
           9.5.1 Strength of Product Portfolios
           9.5.2 Business Strategy Excellence
    9.6 Ranking of the Key Players, 2018
    9.7 Competitive Scenario
           9.7.1 Product Launches
           9.7.2 Expansions
           9.7.3 Acquisitions
           9.7.4 Partnerships and Collaborations

10 Company Profiles (Page No. - 147)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)* 
     10.1 Archer Daniels Midland Company (ADM)
     10.2 Olam International Limited
     10.3 Barry Callebaut Group
     10.4 Blue Diamond Growers
     10.5 John B. Sanfilippo & Son
     10.6 Borges Agricultural & Industrial Nuts (Bain)
     10.7 Savencia SA
     10.8 Kanegrade Limited
     10.9 The Wonderful Company
     10.10 Harris Woolf California Almonds
     10.11 Treehouse California Almonds
     10.12 Royal Nut Company
     10.13 Döhler GmbH
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies. 

11 Appendix (Page No. - 179)
     11.1 Discussion Guide
     11.2 Knowledge Store: Marketsandmarkets¡¯ Subscription Portal
     11.3 Available Customizations
     11.4 Related Reports
     11.5 Author Details

List of Tables (112 Figures)

Table 1 USD Exchange Rates Considered, 2015–2018
Table 2 Some of the Granted Patents Pertaining to Almond and Almond Ingredients, 2016–2018
Table 3 Almond Nutritional Content (In 100 Grams)
Table 4 Almond Allergens
Table 5 Almond Ingredients Market Size, By Application, 2017–2025 (Kt)
Table 6 Snacks & Bars Market Size, By Region, 2017–2025 (Kt)
Table 7 Bakery & Confectionery Market Size, By Region, 2017–2025(Kt)
Table 8 Milk Substitutes & Ice Creams Market Size, By Region, 2017–2025 (Kt)
Table 9 Nut & Seed Butters Market Size, By Region, 2017–2025 (Kt)
Table 10 RTE Cereals Market Size, By Region, 2017–2025(Kt)
Table 11 Others Market Size, By Region, 2017–2025 (Kt)
Table 12 Almond Ingredients Market Size, By Type, 2017–2025 (Kt)
Table 13 Almond Ingredients Market Size, By Type, 2017–2025 (USD Million)
Table 14 Whole Almonds Market Size, By Region, 2017–2025 (Kt)
Table 15 Whole Almonds Market Size, By Region, 2017–2025 (USD Million)
Table 16 Almond Pieces Market Size, By Region, 2017–2025 (Kt)
Table 17 Almond Pieces Market Size, By Region, 2017–2025 (USD Million)
Table 18 Almonds Flour Market Size, By Region, 2017–2025 (Kt)
Table 19 Almonds Flour Market Size, By Region, 2017–2025 (USD Million)
Table 20 Almond Paste Market Size, By Region, 2017–2025 (Kt)
Table 21 Almond Paste Market Size, By Region, 2017–2025 (USD Million)
Table 22 Almond Milk Market Size, By Region, 2017–2025 (Kt)
Table 23 Almond Milk Market Size, By Region, 2017–2025 (USD Million)
Table 24 Other Almond Ingredients Market Size, By Region, 2017–2025 (Kt)
Table 25 Other Almond Ingredients Market Size, By Region, 2017–2025 (USD Million)
Table 26 Almond Ingredients Market Size, By Region, 2017–2025 (Kt)
Table 27 Almond Ingredients Market Size, By Region, 2017–2025 (USD Million)
Table 28 North America: Almond Ingredients Market Size, By Country, 2017–2025 (Kt)
Table 29 North America: Almond Ingredients Market Size, By Country, 2017–2025 (USD Million)
Table 30 North America: Almond Ingredients Market Size, By Application, 2017–2025 (Kt)
Table 31 North America: Almond Ingredients Market Size, By Type, 2017–2025 (Kt)
Table 32 North America: Almond Ingredients Market Size, By Type, 2017–2025 (USD Million)
Table 33 US: Almond Ingredients Market Size, By Application, 2017–2025 (Kt)
Table 34 US: Almond Ingredients Market Size, By Type, 2017–2025 (Kt)
Table 35 US: Almond Ingredients Market Size, By Type, 2017–2025 (USD Million)
Table 36 Canada: Almond Ingredients Market Size, By Application, 2017–2025 (Kt)
Table 37 Canada: Almond Ingredients Market Size, By Type, 2017–2025 (Kt)
Table 38 Canada: Almond Ingredients Market Size, By Type, 2017–2025 (USD Million)
Table 39 Mexico: Almond Ingredients Market Size, By Application, 2017–2025 (Kt)
Table 40 Mexico: Almond Ingredients Market Size, By Type, 2017–2025 (Kt)
Table 41 Mexico: Almond Ingredients Market Size, By Type, 2017–2025 (USD Million)
Table 42 Europe: Almond Ingredients Market Size, By Country, 2017–2025 (Kt)
Table 43 Europe: Almond Ingredients Market Size, By Country, 2017–2025 (USD Million)
Table 44 Europe: Almond Ingredients Market Size, By Application, 2017–2025 (Kt)
Table 45 Europe: Almond Ingredients Market Size, By Type, 2017–2025 (Kt)
Table 46 Europe: Almond Ingredients Market Size, By Type, 2017–2025 (USD Million)
Table 47 Germany: Almond Ingredients Market Size, By Application, 2017–2025 (Kt)
Table 48 Germany: Almond Ingredients Market Size, By Type, 2017–2025 (Kt)
Table 49 Germany: Almond Ingredients Market Size, By Type, 2017–2025 (USD Million)
Table 50 Spain: Almond Ingredients Market Size, By Application, 2017–2025 (Kt)
Table 51 Spain: Almond Ingredients Market Size, By Type, 2017–2025 (Kt)
Table 52 Spain: Almond Ingredients Market Size, By Type, 2017–2025 (USD Million)
Table 53 France: Almond Ingredients Market Size, By Application, 2017–2025 (Kt)
Table 54 France: Almond Ingredients Market Size, By Type, 2017–2025 (Kt)
Table 55 France: Almond Ingredients Market Size, By Type, 2017–2025 (USD Million)
Table 56 Italy: Almond Ingredients Market Size, By Application, 2017–2025 (Kt)
Table 57 Italy: Almond Ingredients Market Size, By Type, 2017–2025 (Kt)
Table 58 Italy: Almond Ingredients Market Size, By Type, 2017–2025 (USD Million)
Table 59 UK: Almond Ingredients Market Size, By Application, 2017–2025 (Kt)
Table 60 UK: Almond Ingredients Market Size, By Type, 2017–2025 (Kt)
Table 61 UK: Almond Ingredients Market Size, By Type, 2017–2025 (USD Million)
Table 62 Rest of Europe: Almond Ingredients Market Size, By Application, 2017–2025 (Kt)
Table 63 Rest of Europe: Almond Ingredients Market Size, By Type, 2017–2025 (Kt)
Table 64 Rest of Europe: Almond Ingredients Market Size, By Type, 2017–2025 (USD Million)
Table 65 Asia Pacific: Almond Ingredients Market Size, By Country, 2017–2025 (Kt)
Table 66 Asia Pacific: Almond Ingredients Market Size, By Country, 2017–2025 (USD Million)
Table 67 Asia Pacific: Almond Ingredients Market Size, By Application, 2017–2025 (Kt)
Table 68 Asia Pacific: Almond Ingredients Market Size, By Type, 2017–2025 (Kt)
Table 69 Asia Pacific: Almond Ingredients Market Size, By Type, 2017–2025 (USD Million)
Table 70 China: Almond Ingredients Market Size, By Application, 2017–2025 (Kt)
Table 71 China: Almond Ingredients Market Size, By Type, 2017–2025 (Kt)
Table 72 China: Almond Ingredients Market Size, By Type, 2017–2025 (USD Million)
Table 73 India: Almond Ingredients Market Size, By Application, 2017–2025 (Kt)
Table 74 India: Almond Ingredients Market Size, By Type, 2017–2025 (Kt)
Table 75 India: Almond Ingredients Market Size, By Type, 2017–2025 (USD Million)
Table 76 Japan: Almond Ingredients Market Size, By Application, 2017–2025 (Kt)
Table 77 Japan: Almond Ingredients Market Size, By Type, 2017–2025 (Kt)
Table 78 Japan: Almond Ingredients Market Size, By Type, 2017–2025 (USD Million)
Table 79 Australia & New Zealand: Almond Ingredients Market Size, By Application, 2017–2025 (Kt)
Table 80 Australia & New Zealand: Almond Ingredients Market Size, By Type, 2017–2025 (Kt)
Table 81 Australia & New Zealand: Almond Ingredients Market Size, By Type, 2017–2025 (USD Million)
Table 82 Rest of Asia Pacific: Almond Ingredients Market Size, By Application, 2017–2025 (Kt)
Table 83 Rest of Asia Pacific: Almond Ingredients Market Size, By Type, 2017–2025 (Kt)
Table 84 Rest of Asia Pacific: Almond Ingredients Market Size, By Type, 2017–2025 (USD Million)
Table 85 South America: Almond Ingredients Market Size, By Country, 2017–2025 (Kt)
Table 86 South America: Almond Ingredients Market Size, By Application, 2017–2025 (Kt)
Table 87 South America: Almond Ingredients Market Size, By Type, 2017–2025 (Kt)
Table 88 South America: Almond Ingredients Market Size, By Type,2017–2025 (USD Million)
Table 89 Brazil: Almond Ingredients Market Size, By Application, 2017–2025 (Kt)
Table 90 Brazil: Almond Ingredients Market Size, By Type, 2017–2025 (Kt)
Table 91 Brazil: Almond Ingredients Market Size, By Type, 2017–2025 (USD Million)
Table 92 Argentina: Almond Ingredients Market Size, By Application, 2017–2025 (Kt)
Table 93 Argentina: Almond Ingredients Market Size, By Type, 2017–2025 (Kt)
Table 94 Argentina: Almond Ingredients Market Size, By Type, 2017–2025 (USD Million)
Table 95 Rest of South America: Almond Ingredients Market Size, By Application, 2017–2025 (Kt)
Table 96 Rest of South America: Almond Ingredients Market Size, By Type, 2017–2025 (Kt)
Table 97 Rest of South America: Almond Ingredients Market Size, By Type, 2017–2025 (USD Million)
Table 98 Middle East & Africa: Almond Ingredients Market Size, By Country, 2017–2025 (Kt)
Table 99 Middle East & Africa: Almond Ingredients Market Size, By Country, 2017–2025 (USD Million)
Table 100 Middle East & Africa: Almond Ingredients Market Size, By Application, 2017–2025 (Kt)
Table 101 Middle East & Africa: Almond Ingredients Market Size, By Type, 2017–2025 (Kt)
Table 102 Middle East & Africa: Almond Ingredients Market Size, By Type, 2017–2025 (USD Million)
Table 103 Africa: Almond Ingredients Market Size, By Application, 2017–2025 (Kt)
Table 104 Africa: Almond Ingredients Market Size, By Type, 2017–2025 (Kt)
Table 105 Africa: Almond Ingredients Market Size, By Type, 2017–2025 (USD Million)
Table 106 Middle East: Almond Ingredients Market Size, By Application, 2017–2025 (Kt)
Table 107 Middle East: Almond Ingredients Market Size, By Type, 2017–2025 (Kt)
Table 108 Middle East: Almond Ingredients Market Size, By Type, 2017–2025 (USD Million)
Table 109 New Product Launches, 2018–2019
Table 110 Expansions, 2016–2019
Table 111 Acquisitions, 2014–2017
Table 112 Agreements, Collaborations, and Partnerships, 2017

List of Figures (51 Figures)

Figure 1 Almond Ingredients Market Segmentation
Figure 2 Almond Ingredients Market: Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation Methodology
Figure 7 Snacks & Bars: A Highly Favored Application for Almond Ingredients, 2019 vs. 2025 (Kt)
Figure 8 Almond Ingredients Market Size, By Type, 2019-2025 (USD Million)
Figure 9 Asia Pacific Almond Ingredients Market to Grow at the Highest Cagr, 2019-2025
Figure 10 Almond Ingredients Market Share (Value), By Region, 2018
Figure 11 Growing Consumer Preferences for A Vegan Diet and Nutritional Benefits Offered By Almonds Drive the Global Market for Almond Ingredients33
Figure 12 US Dominated the Almonds Ingredient Market in 2018
Figure 13 Whole Almonds Segment to Dominate the Market Through 2025
Figure 14 Snacks & Bars Segment Dominated the Almond Ingredients Market
Figure 15 Germany Accounted for the Largest Share in 2018
Figure 16 Number of Patents Filed for Almond and Almond Ingredients, 2014–2018
Figure 17 Market Dynamics: Almond Ingredients Market
Figure 18 Product Claims Sought By Consumers, 2015
Figure 19 Increase in Almond Flour & Shell Containing New Product Launches
Figure 20 Almonds Were the ¡®Most-Used¡¯ Nuts in the New Products Launched Between 2007 and 2017
Figure 21 Global Food, Nut, and Almond Introductions Regional Share, 2017
Figure 22 US: Retail Sales of Snack Products, 2011–2015 (USD Million)
Figure 23 Global Plant Based Beverage Market, 2013–2018 (USD Billion)
Figure 24 Vegan Population Trend in the UK, 2010–2016
Figure 25 World Gluten-Free Products Sales
Figure 26 California Almond Value: Price Per Pound for 2013-2016
Figure 27 The Top 5 Economies Based on GDP (Ppp in USD Billion) Include China, the US, India, Japan, and Germany (2018)
Figure 28 World Almond Imports– Kernel Equivalent (Metric Tons), 2013–2017
Figure 29 Almond Ingredients Market Size, By Application, 2019 vs. 2025 (Kt)
Figure 30 Almond Ingredients Market Size, By Type, 2019 vs. 2025 (USD Million)
Figure 31 Regional Snapshot: China Leads the Global Almond Ingredients Market, in Terms of Volume, Recording the Highest Cagr From 2019-2025
Figure 32 North America: Almond Ingredients Market Regional Snapshot
Figure 33 Europe: Almond Ingredients Market
Figure 34 Asia Pacific: Almond Ingredients Market
Figure 35 Global Almond Ingredients Market: Competitive Leadership Mapping, 2018
Figure 36 Competitive Leadership Mapping for Almond Ingredients Market Startup, 2018
Figure 37 Archer Daniels Midland Company Led the Almond Ingredients Market in 2018
Figure 38 Archer Daniels Midland Company (ADM): Company Snapshot
Figure 39 Archer Daniels Midland Company (ADM): SWOT Analysis
Figure 40 Olam International Limited: Company Snapshot
Figure 41 Olam International Limited: SWOT Analysis
Figure 42 Barry Callebaut Group: Company Snapshot
Figure 43 Barry Callebaut Group: SWOT Analysis
Figure 44 Blue Diamond Growers: Company Snapshot
Figure 45 Blue Diamond Growers: SWOT Analysis
Figure 46 John B. Sanfilippo & Son: Company Snapshot
Figure 47 John B. Sanfilippo & Son: SWOT Analysis
Figure 48 Borges Agricultural & Industrial Nuts (Bain): Company Snapshot
Figure 49 Borges Agricultural & Industrial Nuts (Bain): SWOT Analysis
Figure 50 Savencia SA: Company Snapshot
Figure 51 Savencia SA: SWOT Analysis

Title: Almond Ingredients Market by Type (Whole, Pieces, Paste, Flour, Milk, Oil, Extracts), Application (Snacks & Bars, Bakery & Confectionery, Milk Substitutes & Ice creams, Nut & Seed Butters, RTE Cereals, Cosmetics), and Region - Global Forecast to 2025

 The global almond ingredients market is estimated to be valued at USD 9.0 billion in 2019 and is projected to reach USD 16.4 billion by 2025, recording a CAGR of 10.6% from 2019 to 2025. The growth of this market is attributed to the growing snack food industry, inclusions of health-based ingredients, companies rapidly launching almond-based products, associations and organizations promoting almond ingredients industry, and technological advancements enabling the trade of raw material. However, the soaring prices of raw material and instances of allergies toward tree nuts act as constraints to the growth of the almond ingredients market.

By application, the snacks & bars segment is projected to account for the largest share in the almond ingredients market

In the almond ingredients market, the snacks & bars segment is projected to be the largest market by 2024. Almonds are majorly consumed as a snack all around the world due to their nutritional benefits; additionally, consumers perceive them as a natural and healthy snack option. The organic and natural snacks food category is a growing category in supermarkets around the world. Due to these factors, the snacks & bars segment is projected to account for a larger market share in the almond ingredients market.

By type, the whole almonds segment is projected to account for the largest share in the almond ingredients market

In the almond ingredients market, the whole almonds segment is projected to be the largest market by 2024. Natural whole almonds are very versatile and suitable for various applications such as snacks, confectionery, and bakery. Due to their multifunctional attributes, the demand for whole almonds is high. In addition, due to the increasing usage of almond as snacks, the market is expected to witness increased demand. t. These factors are responsible for the higher market share of whole almonds.

Europe is projected to account for the largest market share during the forecast period

Europe accounted for a 52.0% share of the almond ingredients market during 2018, in terms of value. The region is witnessing a growing trend in the usage of almond-based snacks due to the health benefits they offer. The rise in demand for high nutritious food and the concerns of a significant population with a high obesity rate have been some of the leading reasons behind the growth of this market over the past several years. The rising demand for natural and low-sugar ingredients in the region is also driving the almond ingredients market in Europe.

Key Market Players

The key players in the almond ingredients market include Archer Daniels Midland Company (US), Olam International Limited (Singapore), Barry Callebaut Group (Switzerland), Blue Diamond Growers (US), John B. Sanfilippo & Son (US), Borges Agricultural & Industrial Nuts (Spain), Savencia SA (France), Kanegrade Limited(UK), The Wonderful Company (US), Harris Woolf California Almonds (US), Treehouse California Almond (US), Royal Nut Company (Australia), and Döhler GmbH (Germany). Market players adopted various business strategies such as expansions, new product launches, agreements, partnerships, collaborations, and acquisitions in the last few years to meet the growing demand for almond ingredients.

Recent Developments

• In February 2019, Blue Diamond Growers (US) signed a multi‐year licensing partnership agreement with Grupo LAlA (Mexico), a leading healthy and nutritious foods company. This agreement would help the company sell and distribute its almond milk/beverage, ¡°Almond Breeze¡±, in Mexico.
• In January 2019, Blue Diamond Growers (US) started the expansion of its processing facility in Turlock, California, US, to deliver innovative products and expand value-added product lines, worldwide.
• In November 2017, John B. Sanfilippo & Son, Inc. (US) acquired Squirrel Brand, L.P (US), a snack mix and roasted nuts maker, for USD 31.5 million. The acquisition would help the company to expand its nuts and snacks business.

Key questions addressed by the report

• What are the growth opportunities in the almond ingredients market?
• What are the major application areas for almond ingredients?
• What are the key factors affecting market dynamics?
• What are some of the major challenges and restraints that the industry faces?
• Which region dominates the almond ingredients market, and which is the fastest-growing region?