North America Almond Protein Market Size, Share & Trends Analysis Report By Type (Conventional, and Organic), By End Use, By Country and Growth Forecast, 2024

Description

List of Tables

The North America Almond Protein Market would witness market growth of 13.5% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 17,837.5 Tonnes, showcasing a growth of 13.9% (2020-2023).

In this Market, the Conventional type refers to almond protein products that are produced using traditional farming and processing methods, without any specific focus on organic or alternative practices. Conventional almond protein is derived from almonds that are grown using standard agricultural practices, which may include the use of synthetic fertilizers, pesticides, and other chemicals. The processing methods typically involve conventional techniques such as mechanical pressing or extraction to isolate the protein from the almonds. Thus, the Conventional segment in US market consumed 13,448.3 Tonnes in 2023.

The US market dominated the North America Almond Protein Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,532.9 million by 2031. The Canada market is experiencing a CAGR of 16% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 15% during (2024 - 2031).

This market has experienced significant growth in recent years, driven by the increasing demand for plant-based protein sources. As consumers shift toward healthier and more sustainable dietary choices, this protein has become an attractive alternative to animal-based proteins. This market is underpinned by the growing popularity of vegan, vegetarian, and flexitarian diets and a rising awareness of the health benefits of plant-based nutrition.

This protein is a highly versatile ingredient with applications across multiple industries. Its ability to blend seamlessly into various food products, beverages, and health supplements makes it an attractive option for manufacturers seeking to diversify their product offerings. This protein has significant applications in the food and beverage industry, particularly plant-based products.

The rising growth in the Canadian cosmetics sector and the expanding food processing industry in Mexico are expected to significantly influence the growth of this market as both industries increasingly integrate plant-based ingredients into their products. In Canada, the cosmetics sector generated approximately USD 1.24 billion in income in 2021 and is projected to reach USD 1.8 billion by 2024, with an annual growth rate of 1.45%. In Mexico, the food processing industry is experiencing steady growth, with an average yearly growth rate of 4.3%. In 2020, the industry was projected to contribute $39.4 billion to Mexico's economy, reflecting its importance to the nation's economic landscape. The demand for protein-rich and plant-based ingredients in Mexico's food sector is increasing, driven by rising health awareness and dietary shifts. This protein, known for its high nutritional value and versatility, is well-positioned to meet this growing demand in food products such as snacks, beverages, and protein bars. In conclusion, the rising cosmetics sector and rising food processing industry in the region drive the market's growth.

Based on Type, the market is segmented into Conventional, and Organic. Based on End Use, the market is segmented into B2B (Food & Beverages, Cosmetics & Personal Care, and Supplements), and B2C. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

Blue Diamond Growers
Archer Daniels Midland Company
Nut Butter Concepts LLC
Sabinsa Corporation (Sami-Sabinsa Group Ltd.)
BASF SE
Nestle S.A. (Orgain Inc.)
Mars, Inc.
The Hershey Company

North America Almond Protein Market Report Segmentation

By Type (Volume, Tonnes, USD Billion, 2020-2031)

Conventional
Organic

By End Use (Volume, Tonnes, USD Billion, 2020-2031)

B2B
- Food & Beverages
- Cosmetics & Personal Care
- Supplements
B2C

By Country (Volume, Tonnes, USD Billion, 2020-2031)

US
Canada
Mexico
Rest of North America

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America Almond Protein Market, by Type
- 1.4.2 North America Almond Protein Market, by End Use
- 1.4.3 North America Almond Protein Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. North America Almond Protein Market by Type

4.1 North America Conventional Market by Region
4.2 North America Organic Market by Region

Chapter 5. North America Almond Protein Market by End Use

5.1 North America B2B Market by Country
5.2 North America Almond Protein Market by B2B Type
- 5.2.1 North America Food & Beverages Market by Country
- 5.2.2 North America Cosmetics & Personal Care Market by Country
- 5.2.3 North America Supplements Market by Country
5.3 North America B2C Market by Country

Chapter 6. North America Almond Protein Market by Country

6.1 US Almond Protein Market
- 6.1.1 US Almond Protein Market by Type
- 6.1.2 US Almond Protein Market by End Use
  - 6.1.2.1 US Almond Protein Market by B2B Type
6.2 Canada Almond Protein Market
- 6.2.1 Canada Almond Protein Market by Type
- 6.2.2 Canada Almond Protein Market by End Use
  - 6.2.2.1 Canada Almond Protein Market by B2B Type
6.3 Mexico Almond Protein Market
- 6.3.1 Mexico Almond Protein Market by Type
- 6.3.2 Mexico Almond Protein Market by End Use
  - 6.3.2.1 Mexico Almond Protein Market by B2B Type
6.4 Rest of North America Almond Protein Market
- 6.4.1 Rest of North America Almond Protein Market by Type
- 6.4.2 Rest of North America Almond Protein Market by End Use
  - 6.4.2.1 Rest of North America Almond Protein Market by B2B Type

Chapter 7. Company Profiles

7.1 Blue Diamond Growers, Inc.
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 SWOT Analysis
7.2 Archer Daniels Midland Company
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.2.4 Research & Development Expense
- 7.2.5 SWOT Analysis
7.3 Nut Butter Concepts LLC
- 7.3.1 Company Overview
7.4 Sabinsa Corporation (Sami-Sabinsa Group Ltd.)
- 7.4.1 Company Overview
- 7.4.2 SWOT Analysis
7.5 BASF SE
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental and Regional Analysis
- 7.5.4 Research & Development Expense
- 7.5.5 SWOT Analysis
7.6 Nestle S.A. (Orgain Inc.)
- 7.6.1 Company Overview
- 7.6.2 Financial Analysis
- 7.6.3 Segmental and Regional Analysis
- 7.6.4 Research & Development Expenses
- 7.6.5 SWOT Analysis
7.7 Mars, Inc.
- 7.7.1 Company Overview
- 7.7.2 SWOT Analysis
7.8 The Hershey Company
- 7.8.1 Company overview
- 7.8.2 Financial Analysis
- 7.8.3 Segmental and Regional Analysis
- 7.8.4 SWOT Analysis

LIST OF TABLES

TABLE 1 North America Almond Protein Market, 2020 - 2023, USD Million
TABLE 2 North America Almond Protein Market, 2024 - 2031, USD Million
TABLE 3 North America Almond Protein Market, 2020 - 2023, Tonnes
TABLE 4 North America Almond Protein Market, 2024 - 2031, Tonnes
TABLE 5 North America Almond Protein Market by Type, 2020 - 2023, USD Million
TABLE 6 North America Almond Protein Market by Type, 2024 - 2031, USD Million
TABLE 7 North America Almond Protein Market by Type, 2020 - 2023, Tonnes
TABLE 8 North America Almond Protein Market by Type, 2024 - 2031, Tonnes
TABLE 9 North America Conventional Market by Region, 2020 - 2023, USD Million
TABLE 10 North America Conventional Market by Region, 2024 - 2031, USD Million
TABLE 11 North America Conventional Market by Region, 2020 - 2023, Tonnes
TABLE 12 North America Conventional Market by Region, 2024 - 2031, Tonnes
TABLE 13 North America Organic Market by Region, 2020 - 2023, USD Million
TABLE 14 North America Organic Market by Region, 2024 - 2031, USD Million
TABLE 15 North America Organic Market by Region, 2020 - 2023, Tonnes
TABLE 16 North America Organic Market by Region, 2024 - 2031, Tonnes
TABLE 17 North America Almond Protein Market by End Use, 2020 - 2023, USD Million
TABLE 18 North America Almond Protein Market by End Use, 2024 - 2031, USD Million
TABLE 19 North America Almond Protein Market by End Use, 2020 - 2023, Tonnes
TABLE 20 North America Almond Protein Market by End Use, 2024 - 2031, Tonnes
TABLE 21 North America B2B Market by Country, 2020 - 2023, USD Million
TABLE 22 North America B2B Market by Country, 2024 - 2031, USD Million
TABLE 23 North America B2B Market by Country, 2020 - 2023, Tonnes
TABLE 24 North America B2B Market by Country, 2024 - 2031, Tonnes
TABLE 25 North America Almond Protein Market by B2B Type, 2020 - 2023, USD Million
TABLE 26 North America Almond Protein Market by B2B Type, 2024 - 2031, USD Million
TABLE 27 North America Almond Protein Market by B2B Type, 2020 - 2023, Tonnes
TABLE 28 North America Almond Protein Market by B2B Type, 2024 - 2031, Tonnes
TABLE 29 North America Food & Beverages Market by Country, 2020 - 2023, USD Million
TABLE 30 North America Food & Beverages Market by Country, 2024 - 2031, USD Million
TABLE 31 North America Food & Beverages Market by Country, 2020 - 2023, Tonnes
TABLE 32 North America Food & Beverages Market by Country, 2024 - 2031, Tonnes
TABLE 33 North America Cosmetics & Personal Care Market by Country, 2020 - 2023, USD Million
TABLE 34 North America Cosmetics & Personal Care Market by Country, 2024 - 2031, USD Million
TABLE 35 North America Cosmetics & Personal Care Market by Country, 2020 - 2023, Tonnes
TABLE 36 North America Cosmetics & Personal Care Market by Country, 2024 - 2031, Tonnes
TABLE 37 North America Supplements Market by Country, 2020 - 2023, USD Million
TABLE 38 North America Supplements Market by Country, 2024 - 2031, USD Million
TABLE 39 North America Supplements Market by Country, 2020 - 2023, Tonnes
TABLE 40 North America Supplements Market by Country, 2024 - 2031, Tonnes
TABLE 41 North America B2C Market by Country, 2020 - 2023, USD Million
TABLE 42 North America B2C Market by Country, 2024 - 2031, USD Million
TABLE 43 North America B2C Market by Country, 2020 - 2023, Tonnes
TABLE 44 North America B2C Market by Country, 2024 - 2031, Tonnes
TABLE 45 North America Almond Protein Market by Country, 2020 - 2023, USD Million
TABLE 46 North America Almond Protein Market by Country, 2024 - 2031, USD Million
TABLE 47 North America Almond Protein Market by Country, 2020 - 2023, Tonnes
TABLE 48 North America Almond Protein Market by Country, 2024 - 2031, Tonnes
TABLE 49 US Almond Protein Market, 2020 - 2023, USD Million
TABLE 50 US Almond Protein Market, 2024 - 2031, USD Million
TABLE 51 US Almond Protein Market, 2020 - 2023, Tonnes
TABLE 52 US Almond Protein Market, 2024 - 2031, Tonnes
TABLE 53 US Almond Protein Market by Type, 2020 - 2023, USD Million
TABLE 54 US Almond Protein Market by Type, 2024 - 2031, USD Million
TABLE 55 US Almond Protein Market by Type, 2020 - 2023, Tonnes
TABLE 56 US Almond Protein Market by Type, 2024 - 2031, Tonnes
TABLE 57 US Almond Protein Market by End Use, 2020 - 2023, USD Million
TABLE 58 US Almond Protein Market by End Use, 2024 - 2031, USD Million
TABLE 59 US Almond Protein Market by End Use, 2020 - 2023, Tonnes
TABLE 60 US Almond Protein Market by End Use, 2024 - 2031, Tonnes
TABLE 61 US Almond Protein Market by B2B Type, 2020 - 2023, USD Million
TABLE 62 US Almond Protein Market by B2B Type, 2024 - 2031, USD Million
TABLE 63 US Almond Protein Market by B2B Type, 2020 - 2023, Tonnes
TABLE 64 US Almond Protein Market by B2B Type, 2024 - 2031, Tonnes
TABLE 65 Canada Almond Protein Market, 2020 - 2023, USD Million
TABLE 66 Canada Almond Protein Market, 2024 - 2031, USD Million
TABLE 67 Canada Almond Protein Market, 2020 - 2023, Tonnes
TABLE 68 Canada Almond Protein Market, 2024 - 2031, Tonnes
TABLE 69 Canada Almond Protein Market by Type, 2020 - 2023, USD Million
TABLE 70 Canada Almond Protein Market by Type, 2024 - 2031, USD Million
TABLE 71 Canada Almond Protein Market by Type, 2020 - 2023, Tonnes
TABLE 72 Canada Almond Protein Market by Type, 2024 - 2031, Tonnes
TABLE 73 Canada Almond Protein Market by End Use, 2020 - 2023, USD Million
TABLE 74 Canada Almond Protein Market by End Use, 2024 - 2031, USD Million
TABLE 75 Canada Almond Protein Market by End Use, 2020 - 2023, Tonnes
TABLE 76 Canada Almond Protein Market by End Use, 2024 - 2031, Tonnes
TABLE 77 Canada Almond Protein Market by B2B Type, 2020 - 2023, USD Million
TABLE 78 Canada Almond Protein Market by B2B Type, 2024 - 2031, USD Million
TABLE 79 Canada Almond Protein Market by B2B Type, 2020 - 2023, Tonnes
TABLE 80 Canada Almond Protein Market by B2B Type, 2024 - 2031, Tonnes
TABLE 81 Mexico Almond Protein Market, 2020 - 2023, USD Million
TABLE 82 Mexico Almond Protein Market, 2024 - 2031, USD Million
TABLE 83 Mexico Almond Protein Market, 2020 - 2023, Tonnes
TABLE 84 Mexico Almond Protein Market, 2024 - 2031, Tonnes
TABLE 85 Mexico Almond Protein Market by Type, 2020 - 2023, USD Million
TABLE 86 Mexico Almond Protein Market by Type, 2024 - 2031, USD Million
TABLE 87 Mexico Almond Protein Market by Type, 2020 - 2023, Tonnes
TABLE 88 Mexico Almond Protein Market by Type, 2024 - 2031, Tonnes
TABLE 89 Mexico Almond Protein Market by End Use, 2020 - 2023, USD Million
TABLE 90 Mexico Almond Protein Market by End Use, 2024 - 2031, USD Million
TABLE 91 Mexico Almond Protein Market by End Use, 2020 - 2023, Tonnes
TABLE 92 Mexico Almond Protein Market by End Use, 2024 - 2031, Tonnes
TABLE 93 Mexico Almond Protein Market by B2B Type, 2020 - 2023, USD Million
TABLE 94 Mexico Almond Protein Market by B2B Type, 2024 - 2031, USD Million
TABLE 95 Mexico Almond Protein Market by B2B Type, 2020 - 2023, Tonnes
TABLE 96 Mexico Almond Protein Market by B2B Type, 2024 - 2031, Tonnes
TABLE 97 Rest of North America Almond Protein Market, 2020 - 2023, USD Million
TABLE 98 Rest of North America Almond Protein Market, 2024 - 2031, USD Million
TABLE 99 Rest of North America Almond Protein Market, 2020 - 2023, Tonnes
TABLE 100 Rest of North America Almond Protein Market, 2024 - 2031, Tonnes
TABLE 101 Rest of North America Almond Protein Market by Type, 2020 - 2023, USD Million
TABLE 102 Rest of North America Almond Protein Market by Type, 2024 - 2031, USD Million
TABLE 103 Rest of North America Almond Protein Market by Type, 2020 - 2023, Tonnes
TABLE 104 Rest of North America Almond Protein Market by Type, 2024 - 2031, Tonnes
TABLE 105 Rest of North America Almond Protein Market by End Use, 2020 - 2023, USD Million
TABLE 106 Rest of North America Almond Protein Market by End Use, 2024 - 2031, USD Million
TABLE 107 Rest of North America Almond Protein Market by End Use, 2020 - 2023, Tonnes
TABLE 108 Rest of North America Almond Protein Market by End Use, 2024 - 2031, Tonnes
TABLE 109 Rest of North America Almond Protein Market by B2B Type, 2020 - 2023, USD Million
TABLE 110 Rest of North America Almond Protein Market by B2B Type, 2024 - 2031, USD Million
TABLE 111 Rest of North America Almond Protein Market by B2B Type, 2020 - 2023, Tonnes
TABLE 112 Rest of North America Almond Protein Market by B2B Type, 2024 - 2031, Tonnes
TABLE 113 Key Information - Blue Diamond Growers, Inc.
TABLE 114 Key Information - Archer Daniels Midland Company
TABLE 115 Key Information - Nut Butter Concepts LLC
TABLE 116 Key Information - Sabinsa Corporation
TABLE 117 Key Information - BASF SE
TABLE 118 Key Information - Nestle S.A.
TABLE 119 key information - Mars, Inc.
TABLE 120 Key Information -The Hershey Company

North America Almond Protein Market Size, Share & Trends Analysis Report By Type (Conventional, and Organic), By End Use, By Country and Growth Forecast, 2024 - 2031