Almond Flour Market Synopsis

Almond Flour Market Size Was Valued at USD 2167.01 Million in 2023, and is Projected to Reach USD 4441.37 Million by 2032, Growing at a CAGR of 8.3% From 2024-2032.

Almond flour is made from the cake that remains after oils are pressed from nuts, adding a rich flavour to baked goods and providing a base for breading fish and meat. It’s an excellent product to have handy for anyone who is soy-free, gluten-free, on the Paleo diet.

• The popularity of almond flour has skyrocketed, primarily imparting a sweet, buttery flavour with a lighter colour to seamlessly incorporate into baked goods, if made from slivered or blanched almonds. The flour carries a fat content that adds depth, flavour and richness to the final product, no matter if it’s Savory or sweet. Health-wise, almond flour is a good bang for your buck and the ideal alternative for a gluten-free diet.
• Almond flour is made by pounding and sieving blanched almonds. Almond ingredients provide critical nutrients such as vitamin E, oil, carbohydrates, dietary fibre, manganese, magnesium, copper, and phosphorus. Almond flour's strong nutritious content greatly benefits consumers. Due to their high vitamin and nutrient content, almonds are a flexible and healthy ingredient that can be utilised in a wide range of culinary preparations.
• Almond flour has seen a dramatic rise in demand recently, especially in the baking industry, where it is used to make a wide range of baked goods, including cakes, cookies, macarons, and slices of bread. The increase in chocolate and candy producers is one of the main factors anticipated to propel the growth of the almond flour market during the forecast period. Moreover, it is expected that the expanding bakery sector would further fuel the market for almond flour. Also, rising health consciousness may moderate the market expansion for almond flour.

Almond Flour Market Trend Analysis

Technological Adaptation and Product Innovations

• Almond flour's texture and consistency are becoming better because to modern milling techniques including precision grinding, which makes it more suited for a wider range of culinary uses. As a result, the product is finer and more consistent and satisfies the high requirements needed for baking and other applications. Almond flour may now be safely stored for longer periods of time without the use of preservatives thanks to high pressure processing technology, which appeals to consumers who value their health and prefer clean-label goods.
• Blockchain technology integration in the supply chain contributes to the traceability of almond flour from the field to the table. In addition to improving food safety, this also fosters consumer confidence by being transparent about the product's provenance and manufacturing methods. Several manufacturers are experimenting with fortifying almond flour with extra nutrients like vitamins and minerals to meet particular dietary requirements. This enhances value and sets their items apart in a crowded market.
• Almond flour may now be utilised in a greater range of recipes, including both savoury and sweet ones, thanks to creative flavour and blend combinations. This variety aids in drawing in a larger client. Another innovation to improve the nutritional profile and adaptability of the product is combining almond flour with other healthy flours, such coconut or chickpea flour. Ensuring a consistent and high-quality product that meets the needs of both commercial and household users.

Opportunity

Increasing Shift Towards the Healthier Lifestyle

• The increasing clean-label movement is causing consumer preferences to shift towards spending on things that are right for them. Eating foods high in nutrients is the subject of this trend. Almond flour's nutritional composition, for instance, has made it acceptable as a clean-label ingredient. As more people become aware of the health advantages of clean-label flour, there is an increasing demand for almond flour and related products. Because of its high fibre content and plenty of vitamins, minerals, and antioxidants, it is thought to be a simple substitute for ordinary flour.
• Almond flour is essential for many uses, such as cosmetics, baked goods, and confections. All throughout the world, get almond flour cookies, bread, pastries, and other products in the market. Almond flour products retain a multitude of vital nutrients, which is why they are growing in popularity, particularly with consumers who are health-conscious. Additionally, there is a growing market for paleo, keto, and gluten-free choices, which should be profitable for companies operating in those areas.
• There is a growing market for functional foods that offer health benefits beyond basic nutrition. Almond flour is being fortified with additional nutrients, such as protein and fibre, to enhance its health benefits and appeal to a broader audience​. Almond flour is becoming more widely used in a variety of recipes, such as those for bread, pastries, and sweets, due to its versatility in baking and cooking. Because of its nutritional profile and capacity to make better versions of classic baked goods, almond flour is preferred by people who are health-conscious.

Almond Flour Market Segment Analysis:

Almond Flour Market is segmented on the basis of Form, Nature, Application, End-User, Distribution channel and Region.

By Form, Blanched Almond Flour segment is expected to dominate the market during the forecast period

• Blanched almond flour is superior than the original flour because it is lighter. The nutritional advantages are the same as with natural almond flour. Its texture, which is fine, silky, and fluffy, usually makes it preferred. It serves as a foundation for a variety of goods, including bread, cakes, pancakes, muffins, and cookies.
• Almond flour that has been blanched is a great source of fat, protein, fibre, vitamins, and minerals. Blanched almond flour lowers the risk of heart disease by maintaining healthy cholesterol levels in the body due to its extremely low unsaturated fatty acid content. In the bakery sector, it is also used extensively as dietary fat in ice cream, newborn milk powder, filling milk, and confections and bakery goods.
• Worldwide, a vast variety of baked goods, candies, hair care, and skin care products contain blanched almond flour, and industrialised nations are seeing an increase in demand for it. Additionally, factors anticipated to support the market's growth include consumer lifestyle changes and preferences for diet and nutritional items.

By Application, Bakery segment held the largest share of xx% in 2023

• In Bakery Cooking almond flour is used highly to prepare various bakery products like bread, biscuits, cookies, brownies, cakes, rolls, pies, muffins, and other baked goods are typical examples of bakery products. Flour made from a variety of grains is used to make these goods. In order to meet the growing demand for bakery products worldwide, the food processing sector's bakery product production business is predicted to expand.
• An increasing number of consumers are being diagnosed with celiac disease or gluten intolerance, driving demand for gluten-free alternatives like almond flour. Even among those without gluten sensitivities, there is a growing preference for gluten-free products as part of a healthy diet. Almond flour is high in protein, healthy fats, vitamins (especially Vitamin E), and minerals (like magnesium), making it a popular choice for health-conscious consumers.
• The low carbon content of almond flour makes it suitable for keto and other low-carb diets, further boosting its appeal in the bakery segment. To achieve market growth and sustainability, leading manufacturers have concentrated on creating consumer-centric products at competitive pricing. There will likely be a large increase in demand for bakery items as a result of diverse products being more nutritious. It is expected that this will offer the possibility of market expansion.

Almond Flour Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast period

• North America market with high penetration of packaged goods, and there has been a notable increase in the demand for natural almond flour products. This growth is driven by a shift in consumer preference toward food with natural ingredients and an overall trend towards healthier eating habits. Almond flour, known for being gluten-free and rich in nutrients, is increasingly favoured in various applications such as baking, confectionery, and even cosmetics.
• The U.S. is a main producer and consumer of almond flour globally. California, in particular, is a major hub for almond production, providing a steady supply of raw materials for almond flour production. The domestic market shows robust growth due to the high commercial consumption rate, especially in urban areas where healthy eating trends are more pronounced.
• Manufacturers are focusing on developing new products that cater to the demand for high-protein and low-carb foods. Innovations include almond flour-based pasta, snack bars, and ready-to-eat baked goods. Companies are also exploring fortified almond flour products, enriched with additional nutrients to cater to specific dietary needs. Consumers in the region are increasingly adopting a healthy lifestyle, which is leading to the growth in the consumption of almond flour in bakeries, confectionery, cosmetics, and other products.
• In this graph, almond production on a kernel basis measured in metric tons across various countries. The data highlights the leading almond-producing countries and their respective outputs. The United States dominates global almond production with a substantial output of 1,122,700 metric tons, making it the largest producer by a significant margin. Australia follows as the second-largest producer with 143,805 metric tons, contributing notably to the global supply. Spain ranks third with 60,000 metric tons, while Turkey and Portugal produce 25,000 and 16,500 metric tons, respectively. As the united state dominates the almond Production Market it also makes the highest production and growth in almond flour market.

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Almond Flour Market Key Players:

• Blue Diamond Growers (USA)
• Bob's Red Mill Natural Foods (USA)
• King Arthur Baking Company (USA)
• Hodgson Mill (USA)
• Treehouse California Almonds (USA)
• Honeyville, Inc. (USA)
• Anthony’s Goods (USA)
• Oleander Bio (Switzerland)
• Nature’s Eats (USA)
• Borges Agricultural & Industrial Nuts (Spain)
• Sincerely Nuts (USA)
• NOW Foods (USA)
• Oh! Nuts (USA)
• Barney Butter (USA)
• Kirkland Signature (USA)
• Whole Foods Market (USA)
• Sun Organic Farm (USA)
• Organic Traditions (Canada)
• Terrasoul Superfoods (USA)
• Mandelin, Inc. (USA)
• Healthworks (USA)
• Nuts.com (USA)
• Pure Blends (USA)
• Ayujoy Herbals (USA)
• Sunfood Superfoods (USA)
• Gerbs Allergy Friendly Foods (USA)
• Sincerely Brigitte (USA)

Key Industry Developments in the Almond Flour Market:

• In April 2024, Diamond Growers, the largest almond processor and marketer, put out a statement of support following the release of the revised Special Supplement Nutrition Program for Women, Infants, and Children (WIC) food packages. The revised program will allow for the inclusion of almond products as a qualified food package.
• In June 2023, Blue Diamond®, the world's leading almond marketer and processor, and Brightseed, the bioactive company and a World Economic Forum Global Innovator, announced their partnership to discover the untapped health potential of nonpareil California almonds. The results of this collaboration will inform Blue Diamond's health innovations and programs, including consumer education initiatives to link almond consumption with specific health benefits.
• In April 2022, Simple Mills, Daily Harvest, and Cappello's announced The Almond Project – a multi-year, farmer-led partnership to make almond farming more sustainable by implementing and evaluating the outcome of regenerative soil health principles. The program will leverage the expertise of third-generation growers at Treehouse California Almonds to lead soil health research in California's Central Valley that will help pave the way towards a more prosperous, resilient future for almonds.

1. INTRODUCTION
   1. RESEARCH OBJECTIVES
   2. RESEARCH METHODOLOGY
   3. RESEARCH PROCESS
   4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
   5. MARKET SEGMENTATION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. GROWTH OPPORTUNITIES BY SEGMENT
5. MARKET LANDSCAPE
   1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
   2. INDUSTRY VALUE CHAIN ANALYSIS
   3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   4. MARKET TREND ANALYSIS
   5. REGULATORY LANDSCAPE
   6. PESTLE ANALYSIS
   7. PRICE TREND ANALYSIS
   8. PATENT ANALYSIS
   9. TECHNOLOGY EVALUATION

MARKET IMPACT OF THE RUSSIA-UKRAINE WAR

5. 9. 1. Geopolitical Market Disruptions
      2. Supply Chain Disruptions
      3. Instability in Emerging Markets
   10. ECOSYSTEM
6. ALMOND FLOUR MARKET BY SEGMENT FORM (2017-2032)
   1. ALMOND FLOUR MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. SEGMENT BLANCHED ALMOND FLOUR
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017-2032F)
      3. Historic And Forecasted Market Size in Volume (2017-2032F)
      4. Key Market Trends, Growth Factors and Opportunities
      5. Geographic Segmentation Analysis
   4. SEGMENT NATURAL ALMOND FLOUR
7. ALMOND FLOUR MARKET BY SEGMENT NATURE (2017-2032)
   1. ALMOND FLOUR MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. SEGMENT CONVENTIONAL
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017-2032F)
      3. Historic And Forecasted Market Size in Volume (2017-2032F)
      4. Key Market Trends, Growth Factors and Opportunities
      5. Geographic Segmentation Analysis
   4. SEGMENT ORGANIC
8. ALMOND FLOUR MARKET BY SEGMENT APPLICATION (2017-2032)
   1. ALMOND FLOUR MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. SEGMENT BAKERY
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017-2032F)
      3. Historic And Forecasted Market Size in Volume (2017-2032F)
      4. Key Market Trends, Growth Factors and Opportunities
      5. Geographic Segmentation Analysis
   4. SEGMENT CONFECTIONERY
   5. SEGMENT COSMETICS AND OTHERS
9. ALMOND FLOUR MARKET BY SEGMENT END-USER (2017-2032)
   1. ALMOND FLOUR MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. SEGMENT HOUSEHOLD
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017-2032F)
      3. Historic And Forecasted Market Size in Volume (2017-2032F)
      4. Key Market Trends, Growth Factors and Opportunities
      5. Geographic Segmentation Analysis
   4. SEGMENT FOODSERVICE
   5. SEGMENT INDUSTRIAL
   6. SEGMENT COSMETIC INDUSTRY
   7. SEGMENT DIETARY SUPPLEMENTS
10. ALMOND FLOUR MARKET BY SEGMENT DISTRIBUTION CHANNEL (2017-2032)
    1. ALMOND FLOUR MARKET SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. SEGMENT SUPERMARKET AND HYPERMARKET
       1. Introduction And Market Overview
       2. Historic And Forecasted Market Size in Value (2017-2032F)
       3. Historic And Forecasted Market Size in Volume (2017-2032F)
       4. Key Market Trends, Growth Factors and Opportunities
       5. Geographic Segmentation Analysis
    4. SEGMENT CONVENIENCE STORES
    5. SEGMENT ONLINE RETAIL
11. COMPANY PROFILES AND COMPETITIVE ANALYSIS
    1. COMPETITIVE LANDSCAPE
       1. Competitive Benchmarking
       2. Almond Flour Market Share by Manufacturer (2023)
       3. Industry BCG Matrix
       4. Heat Map Analysis
       5. Mergers & Acquisitions
    2. BLUE DIAMOND GROWERS (USA)
       1. Company Overview
       2. Key Executives
       3. Company Snapshot
       4. Role of the Company in the Market
       5. Sustainability and Social Responsibility
       6. Operating Business Segments
       7. Product Portfolio
       8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
       9. Key Strategic Moves And Recent Developments
       10. SWOT Analysis
    3. BOB'S RED MILL NATURAL FOODS (USA)
    4. KING ARTHUR BAKING COMPANY (USA)
    5. HODGSON MILL (USA)
    6. TREEHOUSE CALIFORNIA ALMONDS (USA)
    7. HONEYVILLE, INC. (USA)
    8. ANTHONY’S GOODS (USA)
    9. OLEANDER BIO (SWITZERLAND)
    10. NATURE’S EATS (USA)
    11. BORGES AGRICULTURAL & INDUSTRIAL NUTS (SPAIN)
    12. SINCERELY NUTS (USA)
    13. NOW FOODS (USA)
    14. OH! NUTS (USA)
    15. BARNEY BUTTER (USA)
    16. KIRKLAND SIGNATURE (USA)
    17. WHOLE FOODS MARKET (USA)
    18. SUN ORGANIC FARM (USA)
    19. ORGANIC TRADITIONS (CANADA)
    20. TERRASOUL SUPERFOODS (USA)
    21. MANDELIN, INC. (USA)
    22. HEALTHWORKS (USA)
    23. NUTS.COM (USA)
    24. PURE BLENDS (USA)
    25. AYUJOY HERBALS (USA)
    26. SUNFOOD SUPERFOODS (USA)
    27. GERBS ALLERGY FRIENDLY FOODS (USA)
    28. SINCERELY BRIGITTE (USA)
12. GLOBAL ALMOND FLOUR MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segment Form
       4. Historic And Forecasted Market Size By Segment Nature
       5. Historic And Forecasted Market Size By Segment Application
       6. Historic And Forecasted Market Size By Segment End-User
       7. Historic And Forecasted Market Size By Segment Distribution Channel
       8. Historic And Forecasted Market Size By Country
          1. USA
          2. Canada
          3. Mexico
    3. EASTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Russia
          2. Bulgaria
          3. The Czech Republic
          4. Hungary
          5. Poland
          6. Romania
          7. Rest Of Eastern Europe
    4. WESTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Germany
          2. United Kingdom
          3. France
          4. The Netherlands
          5. Italy
          6. Spain
          7. Rest Of Western Europe
    5. ASIA PACIFIC
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. China
          2. India
          3. Japan
          4. South Korea
          5. Malaysia
          6. Thailand
          7. Vietnam
          8. The Philippines
          9. Australia
          10. New-Zealand
          11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
       1. Key Market Trends, Growth Factors and Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size by Segments
       4. Historic And Forecasted Market Size by Country
          1. Turkey
          2. Bahrain
          3. Kuwait
          4. Saudi Arabia
          5. Qatar
          6. UAE
          7. Israel
          8. South Africa
    7. SOUTH AMERICA
       1. Key Market Trends, Growth Factors and Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size by Segments
       4. Historic And Forecasted Market Size by Country
          1. Brazil
          2. Argentina
          3. Rest of South America
13. INVESTMENT ANALYSIS
14. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies