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PUBLISHER: Grand View Research | PRODUCT CODE: 1530210

PUBLISHER: Grand View Research | PRODUCT CODE: 1530210

Almond Powder Market Size, Share & Trends Analysis Report By Distribution Channel (B2B, B2C), By Application (Bakery Products, Snacks), By Region, And Segment Forecasts, 2024 - 2030

PUBLISHED: July 15, 2024

PAGES: 100 Pages

DELIVERY TIME: 2-10 business days

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The global almond powder market size is expected to reach USD 704.1 million by 2030, growing at a CAGR of 5.1%, according to a new report by Grand View Research, Inc. The market is experiencing significant growth, driven by several key factors. One of the primary reasons is the increasing consumer demand for healthy and natural food products. Almonds, known for their rich nutritional profile, are packed with vitamin E, magnesium, fiber, and healthy fats, making them a popular choice among health-conscious individuals. Additionally, almonds are often included in weight management diets due to their ability to provide satiety and prevent overeating.

A rising number of customers are looking for foods that offer health advantages over just basic nourishment. The demand for almond powder has increased significantly as low-carb and gluten-free diets have become more and more popular. Many customers follow gluten-free diets for various health-related reasons, or they have been diagnosed with celiac disease. This market is expanding, and almond powder is a great alternative to wheat flour in baking and cooking. Almond powder has also become more popular due to the ketogenic diet, which places a strong emphasis on consuming large amounts of fat and few carbohydrates. It is a mainstay in recipes that are keto-friendly due to its low carbohydrate level.

Bakery products accounted for the major share of the almond powder market in 2023. Almond powder is highly versatile and can be used in a variety of bakery products such as cakes, breads, cookies, pastries, and muffins. Its fine texture and mild flavor make it an ideal ingredient that can enhance the nutritional profile of baked goods without altering their taste significantly. The rise in gluten-free and low-carb diets has propelled the use of almond powder in bakery products.

Sales of almond powder through the B2B channel held a higher share of the market in 2023. Almond powder is widely used in industrial and commercial applications, including large-scale baking, confectionery production, and food service. The demand from these sectors for high-quality almond powder in bulk quantities drives the B2B market. The B2B market involves bulk purchases of almond powder by bakeries, food manufacturers, and confectioneries. These industries require large quantities of almond powder for mass production, contributing to the significant market share held by the B2B segment.

Major players in the almond powder market include Royal Nut Company; ADM; TREEHOUSE ALMONDS; Olam International; Blue Diamond Growers; Russell Stover Chocolates, LLC; OLOMOMO Nut Company; Bob's Red Mill Natural Foods; Rolling Hills Nut Company; Jonny Almond Nut Company. Various steps are adopted by these companies including global expansion, partnerships, acquisitions & mergers, development & launch of new products, and others to gain more share of the market.

Almond Powder Market Report Highlights:

Snacks application is expected to grow at a CAGR of 5.7% from 2024 to 2030. A wide range of snack goods, including protein bars, energy bites, and snack mixes, contain almond powder. It is an important ingredient for healthy snacks due to its high protein and fiber content and high nutritional value.
Sales of almond powder through B2C channel is expected to grow at a CAGR of 5.4% from 2024 to 2030. The emergence of e-commerce has highly impacted the B2C market. Online platforms allow consumers quick access to a broad choice of almond powder goods, including organic and specialized options further driving sales through online channels.
Asia Pacific is expected to grow at a CAGR of 5.8% from 2024 to 2030. The awareness among consumers regarding the health advantages of almonds and almond powder is growing. The demand for almond powder in a variety of applications, from classic sweets to contemporary baked items, is driven by this growing knowledge.

Product Code: GVR-4-68040-347-7

Chapter 1. Methodology and Scope

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
1.4. Information Analysis
- 1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Application Outlook
2.3. Distribution Channel Outlook
2.4. Competitive Landscape Outlook

Chapter 3. Almond Powder Market Variables, Trends & Scope

3.1. Market Lineage Outlook
- 3.1.1. Almonds Market Size, 2018 - 2030 (USD Million)
- 3.1.2. Almond Powder Market Size, 2018 - 2030 (USD Million)
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
- 3.3.1. Raw Material Trends
- 3.3.2. Sales/ Retail Channel Analysis
- 3.3.3. Profit Margin Analysis
3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Market Opportunities
- 3.4.4. Market Challenges
3.5. Industry Analysis - Porter's Five Forces Analysis
3.6. Market Entry Strategies

Chapter 4. Almond Powder Market: Consumer Behavior Analysis

4.1. Demographic Analysis
4.2. Consumer Trends & Preferences
4.3. Factors Influencing Buying Behavior
4.4. Consumer Service Adoption Trends
4.5. Key Observations & Findings

Chapter 5. Almond Powder Market: Distribution Channel Estimates & Trend Analysis

5.1. Almond Powder Market, by Distribution Channel: Key Takeaways
5.2. Distribution Channel Movement Analysis & Market Share, 2023 & 2030
5.3. Market Estimates & Forecasts, by Distribution Channel, 2018 - 2030 (USD Million)
- 5.3.1. B2B
  - 5.3.1.1. Market estimates and forecast, 2018 - 2030, (USD Million)
- 5.3.2. B2C
  - 5.3.2.1. Market estimates and forecast, 2018 - 2030, (USD Million)
  - 5.3.2.2. Hypermarkets & Supermarkets

5.3.2.2.1. Market estimates and forecast, 2018 - 2030, (USD Million)

5.3.2.3. Online

5.3.2.3.1. Market estimates and forecast, 2018 - 2030, (USD Million)

5.3.2.4. Others

5.3.2.4.1. Market estimates and forecast, 2018 - 2030, (USD Million)

Chapter 6. Almond Powder Market: Application Estimates & Trend Analysis

6.1. Almond Powder Market, by Application: Key Takeaways
6.2. Application Movement Analysis & Market Share, 2023 & 2030
6.3. Market Estimates & Forecasts, by Application, 2018 - 2030 (USD Million)
- 6.3.1. Bakery Products
  - 6.3.1.1. Market estimates and forecast, 2018 - 2030, (USD Million)
- 6.3.2. Confectionary
  - 6.3.2.1. Market estimates and forecast, 2018 - 2030, (USD Million)
- 6.3.3. Snacks
  - 6.3.3.1. Market estimates and forecast, 2018 - 2030, (USD Million)
- 6.3.4. Others

Chapter 7. Almond Powder Market: Regional Estimates & Trend Analysis

7.1. Almond Powder Market: Regional Outlook
7.2. Regional Movement Analysis & Market Share, 2023 & 2030
7.3. Market Estimates & Forecasts, by Region & Country, 2018 - 2030 (USD Million)
- 7.3.1. North America
  - 7.3.1.1. Market estimates and forecast, 2018 - 2030, (USD Million)
  - 7.3.1.2. U.S.

7.3.1.2.1. Key country dynamics

7.3.1.2.2. Market estimates and forecast, 2018 - 2030, (USD Million)

7.3.1.3. Canada

7.3.1.3.1. Key country dynamics

7.3.1.3.2. Market estimates and forecast, 2018 - 2030, (USD Million)

7.3.2. Europe
- 7.3.2.1. Market estimates and forecast, 2018 - 2030, (USD Million)
- 7.3.2.2. Germany

7.3.2.2.1. Key country dynamics

7.3.2.2.2. Market estimates and forecast, 2018 - 2030, (USD Million)

7.3.2.3. UK

7.3.2.3.1. Key country dynamics

7.3.2.3.2. Market estimates and forecast, 2018 - 2030, (USD Million)

7.3.2.4. France

7.3.2.4.1. Key country dynamics

7.3.2.4.2. Market estimates and forecast, 2018 - 2030, (USD Million)

7.3.2.5. Italy

7.3.2.5.1. Key country dynamics

7.3.2.5.2. Market estimates and forecast, 2018 - 2030, (USD Million)

7.3.2.6. Spain

7.3.2.6.1. Key country dynamics

7.3.2.6.2. Market estimates and forecast, 2018 - 2030, (USD Million)

7.3.3. Asia Pacific
- 7.3.3.1. Market estimates and forecast, 2018 - 2030, (USD Million)
- 7.3.3.2. China

7.3.3.2.1. Key country dynamics

7.3.3.2.2. Market estimates and forecast, 2018 - 2030, (USD Million)

7.3.3.3. Japan

7.3.3.3.1. Key country dynamics

7.3.3.3.2. Market estimates and forecast, 2018 - 2030, (USD Million)

7.3.3.4. India

7.3.3.4.1. Key country dynamics

7.3.3.4.2. Market estimates and forecast, 2018 - 2030, (USD Million)

7.3.3.5. Australia & New Zealand

7.3.3.5.1. Key country dynamics

7.3.3.5.2. Market estimates and forecast, 2018 - 2030, (USD Million)

7.3.3.6. South Korea

7.3.3.6.1. Key country dynamics

7.3.3.6.2. Market estimates and forecast, 2018 - 2030, (USD Million)

7.3.4. Central & South America
- 7.3.4.1. Market estimates and forecast, 2018 - 2030, (USD Million)
- 7.3.4.2. Brazil

7.3.4.2.1. Key country dynamics

7.3.4.3. Market estimates and forecast, 2018 - 2030, (USD Million)

7.3.5. Middle East & Africa
- 7.3.5.1. Market estimates and forecast, 2018 - 2030, (USD Million)
- 7.3.5.2. South Africa

7.3.5.2.1. Key country dynamics

7.3.5.2.2. Market estimates and forecast, 2018 - 2030, (USD Million)

Chapter 8. Competitive Analysis

8.1. Recent Developments & Impact Analysis, by Key Market Participants
8.2. Company Categorization
8.3. Participant's Overview
8.4. Financial Performance
8.5. Product Benchmarking
8.6. Company Market Share Analysis, 2023 (%)
8.7. Company Heat Map Analysis
8.8. Strategy Mapping
8.9. Company Profiles
- 8.9.1. Royal Nut Company
  - 8.9.1.1. Company Overview
  - 8.9.1.2. Financial Performance
  - 8.9.1.3. Product Portfolios
  - 8.9.1.4. Strategic Initiatives
- 8.9.2. ADM
  - 8.9.2.1. Company Overview
  - 8.9.2.2. Financial Performance
  - 8.9.2.3. Product Portfolios
  - 8.9.2.4. Strategic Initiatives
- 8.9.3. TREEHOUSE ALMONDS
  - 8.9.3.1. Company Overview
  - 8.9.3.2. Financial Performance
  - 8.9.3.3. Product Portfolios
  - 8.9.3.4. Strategic Initiatives
- 8.9.4. Olam International
  - 8.9.4.1. Company Overview
  - 8.9.4.2. Financial Performance
  - 8.9.4.3. Product Portfolios
  - 8.9.4.4. Strategic Initiatives
- 8.9.5. Blue Diamond Growers
  - 8.9.5.1. Company Overview
  - 8.9.5.2. Financial Performance
  - 8.9.5.3. Product Portfolios
  - 8.9.5.4. Strategic Initiatives
- 8.9.6. Russell Stover Chocolates, LLC
  - 8.9.6.1. Company Overview
  - 8.9.6.2. Financial Performance
  - 8.9.6.3. Product Portfolios
  - 8.9.6.4. Strategic Initiatives
- 8.9.7. OLOMOMO Nut Company
  - 8.9.7.1. Company Overview
  - 8.9.7.2. Financial Performance
  - 8.9.7.3. Product Portfolios
  - 8.9.7.4. Strategic Initiatives
- 8.9.8. Bob's Red Mill Natural Foods
  - 8.9.8.1. Company Overview
  - 8.9.8.2. Financial Performance
  - 8.9.8.3. Product Portfolios
  - 8.9.8.4. Strategic Initiatives
- 8.9.9. Rolling Hills Nut Company
  - 8.9.9.1. Company Overview
  - 8.9.9.2. Financial Performance
  - 8.9.9.3. Product Portfolios
  - 8.9.9.4. Strategic Initiatives
- 8.9.10. Jonny Almond Nut Company
  - 8.9.10.1. Company Overview
  - 8.9.10.2. Financial Performance
  - 8.9.10.3. Product Portfolios
  - 8.9.10.4. Strategic Initiatives

Product Code: GVR-4-68040-347-7

List of Tables

Table 1. Almond ingredients market - Key market driver analysis
Table 2. Almond ingredients market - Key market restraint analysis
Table 3. Almond ingredients market estimates & forecast, by application (USD Million)
Table 4. Almond ingredients market estimates & forecast, by distribution channel (USD Million)
Table 5. North America almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Table 6. North America almond powder market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 7. North America almond powder market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 8. U.S. macro-economic outlay
Table 9. U.S. almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Table 10. U.S. almond powder market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 11. U.S. almond powder market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 12. Canada macro-economic outlay
Table 13. Canada almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Table 14. Canada almond powder market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 15. Canada almond powder market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 16. Mexico macro-economic outlay
Table 17. Mexico almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Table 18. Mexico almond powder market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 19. Mexico almond powder market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 20. Europe almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Table 21. Europe almond powder market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 22. Europe almond powder market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 23. UK macro-economic outlay
Table 24. UK. almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Table 25. UK almond powder market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 26. UK almond powder market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 27. Germany macro-economic outlay
Table 28. Germany almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Table 29. Germany almond powder market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 30. Germany almond powder market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 31. France macro-economic outlay
Table 32. France almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Table 33. France almond powder market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 34. France almond powder market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 35. Italy macro-economic outlay
Table 36. Italy almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Table 37. Italy almond powder market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 38. Italy almond powder market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 39. Spain macro-economic outlay
Table 40. Spain almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Table 41. Spain almond powder market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 42. Spain almond powder market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 43. Asia Pacific almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Table 44. Asia Pacific almond powder market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 45. Asia Pacific almond powder market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 46. China macro-economic outlay
Table 47. China almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Table 48. China almond powder market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 49. China almond powder market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 50. Japan macro-economic outlay
Table 51. Japan almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Table 52. Japan almond powder market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 53. Japan almond powder market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 54. India macro-economic outlay
Table 55. India almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Table 56. India almond powder market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 57. India almond powder market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 58. Australia macro-economic outlay
Table 59. New Zealand macro-economic outlay
Table 60. Australia & New Zealand almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Table 61. Australia & New Zealand almond powder market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 62. Australia & New Zealand almond powder market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 63. South Korea macro-economic outlay
Table 64. South Korea almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Table 65. South Korea almond powder market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 66. South Korea almond powder market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 67. Central & South America almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Table 68. Central & South America almond powder market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 69. Central & South America almond powder market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 70. Brazil macro-economic outlay
Table 71. Brazil almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Table 72. Brazil almond powder market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 73. Brazil almond powder market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 74. Middle East & Africa almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Table 75. Middle East & Africa almond powder market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 76. Middle East & Africa almond powder market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 77. South Africa macro-economic outlay
Table 78. South Africa almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Table 79. South Africa almond powder market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 80. South Africa almond powder market revenue estimates and forecast by distribution channel, 2018 - 2030 (USD Million)
Table 81. Recent developments & impact analysis, by key market participants
Table 82. Company market share, 2023
Table 83. Company heat map analysis
Table 84. Companies undergoing key strategies

List of Figures

Figure 1. Almond powder market segmentation
Figure 2. Information procurement
Figure 3. Primary research pattern
Figure 4. Primary research approaches
Figure 5. Primary research process
Figure 6. Market snapshot
Figure 7. Application snapshot
Figure 8. Distribution Channel snapshot
Figure 9. Regional snapshot
Figure 10. Competitive landscape snapshot
Figure 11. Global almond market size (USD Million)
Figure 12. Almond powder market size, 2018 to 2030 (USD Million)
Figure 13. Almond powder market: Penetration & growth prospect mapping
Figure 14. Almond powder market: Value chain analysis
Figure 15. Almond powder market: Profit margin analysis
Figure 16. Almond powder market: Market dynamics
Figure 17. Almond powder market: Porter's five forces analysis
Figure 18. Factors affecting buying decision
Figure 19. Almond powder market, by application: Key Takeaways
Figure 20. Almond powder market: Application movement analysis, 2023 & 2030 (%)
Figure 21. Almond powder market estimates and forecast for bakery products, 2018 - 2030 (USD Million)
Figure 22. Almond powder market estimates and forecast for confectionary, 2018 - 2030 (USD Million)
Figure 23. Almond powder market estimates and forecast for snacks, 2018 - 2030 (USD Million)
Figure 24. Almond powder market estimates and forecast for other application, 2018 - 2030 (USD Million)
Figure 25. Almond powder market: Distribution Channel movement analysis, 2023 & 2030 (%)
Figure 26. Almond powder market estimates and forecast through B2B, 2018 - 2030 (USD Million)
Figure 27. Almond powder market estimates and forecast through B2C, 2018 - 2030 (USD Million)
Figure 28. Almond powder market estimates and forecast through hypermarkets & supermarkets, 2018 - 2030 (USD Million)
Figure 29. Almond powder market estimates and forecast through online, 2018 - 2030 (USD Million)
Figure 30. Almond powder market estimates and forecast through others, 2018 - 2030 (USD Million)
Figure 31. Almond powder market: Regional outlook, 2023 & 2030, (USD Million)
Figure 32. Regional marketplace: Key takeaways
Figure 33. North America almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Figure 34. U.S. almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Figure 35. Canada almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Figure 36. Mexico almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Figure 37. Europe almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Figure 38. Germany almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Figure 39. UK almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Figure 40. France almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Figure 41. Italy almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Figure 42. Spain almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Figure 43. Asia Pacific almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Figure 44. China almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Figure 45. Japan almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Figure 46. India almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Figure 47. Australia & New Zealand almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Figure 48. South Korea almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Figure 49. Central & South America almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Figure 50. Brazil almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Figure 51. Middle East & Africa almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Figure 52. South Africa almond powder market estimates and forecast, 2018 - 2030 (USD Million)
Figure 53. Key company categorization
Figure 54. Company market share analysis, 2023
Figure 55. Strategic framework of almond powder market