Almond Market is expected to hit USD 14.44 Bn by 2029 at a CAGR of 6 percent – says Maximize Market Research

Pune, May 15, 2023 (GLOBE NEWSWIRE) — A global Food & Beverage research and business-consulting firm, Maximize Market Research, has published a market intelligence report on the “Almond Market”. The report is a combination of primary data and secondary data and domain experts have analyzed the Almond Market from a local as well as a global point of view. Over the forecast period, Maximize Market Research expects the market to grow from USD 9.60 Bn in 2022 to USD 14.44 Bn in 2029 at a CAGR of 6 percent.

Almond Market Report Scope and Research Methodology

Request For Free Sample Report : https://www.maximizemarketresearch.com/request-sample/187333

The report provides a detailed analysis of the data through segments: type, application, distribution channel, and their multiple sub-segments. The bottom-up approach is used to estimate the size of the Almond Market by value and volume. The report involves investment feasibility, growth drivers, opportunities, and competitive landscape in major geographic regions such as North America, Asia Pacific, Europe, the Middle East and Africa, and South America. The report analyses the Chronic Kidney Disease Key Competitors through their market size and share, mergers and acquisitions, and collaborations happening in the market. The report helps new and existing Almond Market Key Players to develop their strategies based on competitive benchmarking included in the report. The data has been collected through primary and secondary research methods. Primary data were gathered from interviews with market leaders and opinions from senior research analysts. Whereas, secondary data were collected from annual reports from the organizations and public records. The Almond Market data were later analyzed by SWOT analysis, PORTER’s five force model, and PESTLE analysis.

Almond Market Overview

Almonds are a natural source of healthy ingredients required for the human body. Almond is a species of tree native to Iran and surrounding countries but widely cultivated everywhere, and grows better in a Mediterranean climate. Almonds include benefits such as lowering cholesterol levels, blood pressure, and risk of cancer. The growing worldwide trend of the vegan diet is expected to drive the Global Almond Market.

Get a Sample Copy of the Report : https://www.maximizemarketresearch.com/request-sample/187333

Almond Market Dynamics

The growing shift in the breakfast diet across the world such as preferring ready-to-eat food and snacks, which contain high percentages of fiber, a good quality protein product with organically grown plants and almond has all these ingredients in it. These health benefits of almonds for human health are expected to drive the Global Almond Market during the forecast period (2023-2029). The global trend of a vegan diet, which prefers dairy products from almonds, and the rate of the population adopting a vegan diet is growing significantly, which is attributed to propel the growth of the Almond Market. The growing problem of water scarcity and high prices in international trade are expected to limit the growth of the Almond Market.

Almond Market Regional Insights

North America held the largest revenue share in the market in 2022 and is expected to dominate the Almond Market throughout the forecast period. The region’s increasing demand for healthy snacks and the majority of almond production in the region is concentrated in the United States. This is expected to drive North America Almond Market.

Asia Pacific is the second-largest growing region in the Almond Market since China is the largest consumer of almonds due to the increased popularity of plant-based products such as almonds, which are considered highly nutritional and most health beneficial.

Get Customization on this Report for Specific Research Solutions: https://www.maximizemarketresearch.com/request-customization/187333

Almond Market Segmentation

By Type:

• Butte Almonds
• Nonpareil Almond
• Sweet Almond
• Peerless Almond
• Green Almond
• Fritz Almond
• Sonara Almond
• Ferradual Almond
• Molar Almond
• California Almond
• Mamra Almond
• Gurbandi Almond
• Monterey Almond

By Application:

• Almond powder
• Almond Oil
• Almond Milk
• Chocolates
• Crème
• Almond Paste
• Almond Flour
• Almond Butter
• Cosmetic product

By Sales Channel:

• Online
•         Offline

By End Use Industry:

• Bakery
• Pharmaceutical companies
• Dairy
• Home kitchen
• Hotel/Restaurants        

Almond Key Competitors include:

• California Almonds
• Harris Family Enterprises
• Ofi
• Treehouse California Almonds
• ALMONDCO AUSTRALIA
• Jonny Almond Nut Company
• Harris Woolf Almonds
• Blue Diamond Growers
• Waterford Nut Company
• RPAC LLC
• Big Tree Organic Farms
• ROYAL NUT COMPANY
• Wonderful Pistachios & Almonds LLC
• Campos Brothers Farms
• The Almond Tree Nut Company
• Western Nut Company
• South Valley Farms
• Almond Ace
• BAPU Almonds
• Chico Nut Company
• Select Harvests
• Sran Family Orchards

Get the Sample PDF of Report: https://www.maximizemarketresearch.com/request-sample/187333

Key questions answered in the Almond Market are:

• What is the Almond Market?
• What was the Almond Market size in 2021?
• What is the expected Almond Market size during the forecast period?
• What are the global trends in the Almond Market?
• What are the major restraints for the Almond Market?
• Which segment dominated the Almond Market growth?
• What is the demand pattern for the Almond Market?
• What growth strategies are the players considering to increase their presence in Almond Market?
• What are the upcoming industry applications and trends for the Almond Market?
• Who are the leading companies and what are their portfolios in Almond Market?
• Which region dominates the largest market share in Almond Market?

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022−2029
• Market Dynamics – Growth Drivers, Restraints, Opportunities, Organization Size, Application, and Industry Vertical
• Market Segmentation – A detailed analysis by Type, Application, Sales Channel, and End-Use Industry
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis
• Legal Aspects of Business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations

Maximize Market Research is leading Food & Beverages research firm, has also published the following reports:

Almond Flour Market – The market size is expected to reach USD 2150.67 Mn by 2029 at a CAGR of 8.1 percent during the forecast period. The market is expected to be driven by its low glycemic index and low carb content packed with nutritional content.

Almond Butter Market – The market size is expected to reach USD 1354.17 Mn Bn by 2029 at a CAGR of 8.22 percent during the forecast period. The market is expected to be driven by the high nutritional content of Almond Butter which has resulted in a preference for it in making Cosmetics.

Almond Ingredients Market – The market size is expected to reach USD 22.61 Bn by 2029 at a CAGR of 7.6 percent during the forecast period. The market is expected to be driven by the rise in the trend of consuming healthier food, increasing demand for plant-based proteins and beverages, and nutritional benefits.

Organic Almond Market – The market size is expected to reach USD 208.99 Mn by 2029 at a CAGR of 9.54 percent during the forecast period. The market is expected to be driven by consumer desire for organically farmed products to continue to rise.

Vegan Food Market – The market size is expected to reach USD 61.58 Bn by 2029 at a CAGR of 6.4 percent during the forecast period. The market is expected to be driven by growing consumer demand for Vegan Products.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include Healthcare, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.