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Almond Flour Market Research Covers, Future Trends and Opportunities, Past, Present Data, and Deep Analysis by The Insight Partners
According to a comprehensive research report by The Insight Partners (TIP), "Almond Flour Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Form (Blanched and Natural), Nature (Organic and Conventional), and End User (Foodservice, Food & Beverages, Cosmetic Industry, Dietary Supplements, and Others)" 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.
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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.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Almond Flour Market, by Form
1.3.2 Almond Flour Market, by Nature
1.3.3 Almond Flour Market, by End User
1.3.4 Almond Flour Market, by Geography
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Almond Flour Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Expert Opinion
5. Almond Flour Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Health Benefits Associated with Almond Flour
5.1.2 Growing Demand from Packaged and Processed Food Industry
5.2 Market Restraints
5.2.1 Availability of Substitutes and Improper Storage Facilities for Almond Flour
5.3 Market Opportunities
5.3.1 Growing Demand for Organic Almond Flour
5.4 Future Trends
5.4.1 Adoption of paleo-diet and gluten free products
5.5 Impact Analysis Of Drivers And Restraints
…
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Email: sales@theinsightpartners.com
ABOUT US:
The Insight Partners is a one stop industry research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are specialist in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
Our research model is very simple. We believe in client servicing and delivering best quality to our customers. Through our research content, we are making sure that our customers get value of their money along with better quality data and analysis.
Our research content is majorly focused towards market trends in terms of market sizing, competitive landscaping, company analysis, regional or country analysis etc. We provide detailed break-up of segmentation in terms of geography, technology, product and services etc.; which helps our clients to get a deeper analysis on various research topics.
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