PUBLISHER: KBV Research | PRODUCT CODE: 1548663
PUBLISHER: KBV Research | PRODUCT CODE: 1548663
The North America Badaam (Almond with Shell) Snack Market would witness market growth of 4.0% CAGR during the forecast period (2024-2031).
The US market dominated the North America Badaam (Almond with Shell) Snack Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $862.4 Million by 2031. The Canada market is experiencing a CAGR of 6.3% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 5.4% during (2024 - 2031).
The Badaam (Almond with Shell) Snack Market, driven by the increasing popularity of almonds, has diverse applications across various sectors. Almonds are a popular standalone snack and play a significant role in the food service industry, baking and confectionery, and health and nutrition products. Badaam (almond with shell) Snack are predominantly consumed as standalone Snack. Almonds are enjoyed in their raw, roasted, or flavored forms, making them a versatile option for casual snacking.
In addition, the packaging of badaam (almond with shell) Snack is designed to provide convenience and ease of consumption. Single-serving packs, resealable pouches, and bulk containers are available to suit different consumer preferences. This variety in packaging helps cater to individual snacking needs, whether for personal consumption or sharing. In the food service industry, almonds are used in various culinary applications. Restaurants, hotels, and catering services incorporate almonds into their menu offerings to enhance flavor, texture, and nutritional value.
As the food processing industry expands, production efficiency improves due to better machinery and optimized processes. This efficiency can lead to cost reductions in the production of badaam (almond with shell) snacks. Lower production costs can make badaam (almond with shell) snacks more competitively priced and accessible to a broader range of consumers in Mexico. The rise in the food processing industry drives the growth of packaged snack options, which aligns with the increasing consumer demand for convenience. Badaam snacks, being ideal for packaging in various formats (e.g., single-serve packs, resealable bags), benefit from this trend. Enhanced food processing capabilities support developing and distributing diverse packaged badaam (almond with shell) snack products. Hence, North America's growing food and beverage processing sector is expected to boost the demand for badaam snacks in the region.
Based on Product Type, the market is segmented into Roasted, Salted, Spicy, and Others. Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Franchised Stores, Online Stores, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
North America Badaam (Almond with Shell) Snack Market Report Segmentation
By Product Type
By Distribution Channel
By Country