Almond Flour Market Report: Trends, Forecast and Competitive Analysis to 2030

Almond Flour Trends and Forecast

The future of the global almond flour market looks promising with opportunities in the commercial and household markets. The global almond flour market is expected to reach an estimated $2.9 billion by 2030 with a CAGR of 7.6% from 2024 to 2030. The major drivers for this market are growing trend of consumers choosing gluten-free diets, escalating appetite for bakery products, and rising awareness of consuming healthy foods.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Almond Flour by Segment

The study includes a forecast for the global almond flour by type, application, end use, and region.

Almond Flour Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Natural Almond Flour
• Blanched Almond Flour

Almond Flour Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Bakery
• Confectionery
• Cosmetics
• Others

Almond Flour Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Commercial
• Household
• Others

Almond Flour Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Almond Flour Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies almond flour companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the almond flour companies profiled in this report include-

• Rolling Hills Nut Company
• Blue Diamond Growers
• Hodgson Mill
• Treehouse Almonds
• Bob's Red Mill Natural Foods
• Oleander Bio
• Shiloh Farms
• King Arthur Flour Company
• Anthony's Goods
• Barney Butter

Almond Flour Market Insights

Lucintel forecasts that bakery will remain the largest segment over the forecast period.

Within this market, commercial will remain larger segment over the forecast period.

North America will remain the largest region over the forecast period.

Features of the Global Almond Flour Market

Market Size Estimates: Almond flour market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Almond flour market size by type, application, end use, and region in terms of value ($B).

Regional Analysis: Almond flour market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, end uses, and regions for the almond flour market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the almond flour market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the almond flour market size?

Answer: The global almond flour market is expected to reach an estimated $2.9 billion by 2030.

Q2. What is the growth forecast for almond flour market?

Answer: The global almond flour market is expected to grow with a CAGR of 7.6% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the almond flour market?

Answer: The major drivers for this market are growing trend of consumers choosing gluten-free diets, escalating appetite for bakery products, and rising awareness of consuming healthy foods.

Q4. What are the major segments for almond flour market?

Answer: The future of the almond flour market looks promising with opportunities in the commercial and household markets.

Q5. Who are the key almond flour market companies?

Answer: Some of the key almond flour companies are as follows:

• Rolling Hills Nut Company
• Blue Diamond Growers
• Hodgson Mill
• Treehouse Almonds
• Bob's Red Mill Natural Foods
• Oleander Bio
• Shiloh Farms
• King Arthur Flour Company
• Anthony's Goods
• Barney Butter

Q6. Which almond flour market segment will be the largest in future?

Answer: Lucintel forecasts that bakery will remain the largest segment over the forecast period.

Q7. In almond flour market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the almond flour market by type (natural almond flour and blanched almond flour), application (bakery, confectionery, cosmetics, and others), end use (commercial, household, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?