Global Almonds Ingredients Market 2020 by top Companies: Archer Daniels Midland Company (US), Olam International Limited (Singapore), Barry Callebaut Group AND Other | Coronavirus-COVID19 Impact Analysis

The Global Almonds Ingredients Market Market was valued at USD 9.1 billion in 2018 and is expected to reach USD 15.9 billion in 2026, growing at a CAGR of 8.4% by 2027.
The ripple effect of Coronavirus-COVID19 on the Almonds Ingredients Market needs to become part of strategy discussions to emerge strong. The Analyst team is meticulously tracking the impact and relevance to all the sectors in the Almonds Ingredients Market. Key data sets include Revenue Impact analysis, Disruptions and New opportunities in the Supply Chain, Revised Vendor Landscape Mix, New opportunities mapping, and more.

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Almond is a healthy dietary nut, containing carbohydrates, proteins, vitamins, and other minerals. Almond ingredients are products of almond, available in a variety of forms, including pieces, flour, milk, and others. Almond ingredients have useful health characteristics and are eaten by a big amount of people. The growth of the almond’s ingredients market is primarily driven by the rise in the trend of consuming healthier food and increasing demand for plant-based proteins & beverages are the key factors driving the growth of this market.

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Market Segmentation:
Following Top Key players are profiled in this Market Study:
Archer Daniels Midland Company (US), Olam International Limited (Singapore), Barry Callebaut Group (Switzerland), Blue Diamond Growers (US), John B. Sanfilippo & Son (US), Borges Agricultural & Industrial Nuts (Spain), Savencia SA (France), Kanegrade Limited(UK) and The Wonderful Company (US) among others

By End-use Industry: Bakery and Confectionary, Snacks and Bars, Dairy Products, Others

Based on application, the global almonds ingredients market has been segmented Bakery and Confectionary, Snacks and Bars and Dairy Products among others. The snacks and bars segment is growing rapidly in the almonds ingredients market with the highest CAGR of 7.9% in the forecast period. Almonds are widely consumed as a snack throughout the globe because of their dietary advantages; in addition, consumers perceive them as a natural and healthy snack alternative. Organic and natural food snacks are an increasing category in supermarkets around the world.

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Regional Analysis:
North America
Europe
Asia Pacific
LATAM
Middle East Africa

Regional Analysis:
Europe to dominate the almonds ingredients market throughout the forecast period
Europe accounted for nearly 52% share of the global almonds ingredients market in 2018 and is expected to dominate the market throughout the forecast period. The region is experiencing an increasing trend in the use of almond-based snacks owing to health advantages. The increase in demand for elevated nutritious food and the issues of a large population with elevated obesity rates have been some of the main factors behind the development of this industry. The growing demand for natural and low-sugar foods in the region is also driving the market for almond products in Europe.

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