Almond Flour Market 2020 SWOT Analysis by Players - King Arthur Flour Company Inc., Alldrin Brothers, Anthony’s Goods, Hodgson Mill Inc., Organic Bio SA

The almond flour market was valued at US$ 877.95 million in 2018 and is projected to reach US$ 1,624.12 million by 2027; it is expected to grow at a CAGR of 8.3% from 2020 to 2027.

Almond flour refers to almond nuts that has been ground and sieved to a certain particle size. It is mainly made from blanched almonds that lacks the dark flecks of skin. It is the most widely used nut product and is often used to make premium pastries, cookies, and sweet goods like almond macaroons. As the nuts are not ground to uniform sizes, the almond flour is sometimes coarser. It is sold in well stocked supermarkets, grocery stores as well as online. It can also be made at home. Almond flour has recently become famous and is used in baking items for consumers who prefer low-carbohydrate diets. It provides moisture and rich nutty taste to the baked goods. The items made using almond flour tend to be calorie- dense.

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The almond flour market in North America is expected to grow at the highest CAGR during the forecast period. The growth of the market in this region is mainly attributed to the to an upsurge in the consumption of convenience food items like bakery products, snacks, noodles, and pasta. The increasing rate of working population increases the demand for ready to eat food products which uses almond flour as an ingredient. This in turn leads to the rise in demand for almond flour in the region. Also, the rise in the number of people suffering from gluten intolerance and allergies, supports the market for almond flour. The presence of market players such as King Arthur Baking Company, Anthony’s Goods and Hodgson Mill Inc. and their attempt to enhance the quality of almond flour & related products, is yet another reason behind the growth of almond flour market.

Top Players Analysis:

• King Arthur Flour Company Inc.
• Alldrin Brothers
• Anthony’s Goods
• Hodgson Mill Inc.
• Organic Bio, SA
• Rolling Hills Nut Company Inc.
• Shiloh Farms
• Treehouse California Almonds, LLC
• Blue Diamond Growers
• Bob’s Red Mill Natural Foods

Impact of COVID-19 Pandemic on Almond Flour Market

The COVID-19 outbreak adversely affects economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Food and beverages are among the significant industries suffering from severe disruptions such as restrictions on the supply chain and shutdown of production plants. The shutdown of different plants and factories in various countries disrupts the global supply chains and negatively impacts the manufacturing activities, delivery schedules, and multiple goods sales. Various companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition, the global travel bans imposed by countries in Europe, Asia, and North America are hindering business collaboration and partnership opportunities. Thus, these factors are restraining the growth of the almond flour market in the food and beverage industry.

The Almond Flour Market research report includes Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years. Almond Flour study provides information about the sales and revenue during the historic and forecasted period of 2019 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the Almond Flour market growth.

Almond Flour Market- by Form
• Blanched
• Natural

Almond Flour Market – by Nature
• Organic
• Conventional

Almond Flour Market – by End User
• Food Service
• Food and Beverages
• Cosmetic Industry
• Dietary Supplements
• Others

Global Almond Flour Market: Regional Analysis

The report offers in-depth assessment of the growth and other aspects of the Almond Flour market in important regions. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.

The Almond Flour Market report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2019 to 2028. Almond Flour industry analyses will help the reader to understand the potential worth of investment in a particular region.

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