Press release
Almond Ingredients Market Growth, Demand, Opportunities & Forecast To 2031 | ADM, Olam International Limited, Barry Callebaut, Blue Diamond Growers
New York, According to a new market research report published by Global Insight Services Almond Ingredients Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.The almond is a tree in the family Rosaceae, native to Iran. The almond is also the name of the edible and widely cultivated seed of this tree. Within the genus Prunus, it is classified with the peach in the subgenus Amygdalus, distinguished from the other subgenera by corrugations on the shell (endocarp) surrounding the seed.
The fruit of the almond is a drupe, consisting of an outer hull and a hard shell with the seed, which is not a true nut, inside. Shelling almonds refers to removing the shell to reveal the seed. Almonds are sold shelled or unshelled. Blanched almonds are shelled almonds that have been treated with hot water to soften the skin, which is then removed.
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Key Trends
The key trends in almond ingredients technology are the development of new methods for processing and packaging almonds, as well as the development of new products made from almonds.
One of the most important trends in almond ingredients technology is the development of new methods for processing and packaging almonds. In the past, almonds were typically processed using traditional methods such as roasting, grinding, and pressing. However, new methods such as vacuum frying, supercritical fluid extraction, and ultrasonic processing are now being used to process almonds. These new methods are more efficient and result in a higher quality product.
Another trend in almond ingredients technology is the development of new products made from almonds. In the past, almonds were primarily used in baking and confectionary products. However, new products such as almond milk, almond butter, and almond flour are now being made from almonds. These new products are healthier and more versatile than traditional almond products.
The trend towards healthy and natural foods is also driving the development of new almond products. Consumers are increasingly interested in foods that are free from artificial ingredients, preservatives, and other harmful substances. As a result, manufacturers are creating new almond products that are healthy and natural.
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Key Drivers
The key drivers of the almond ingredients market are the growing demand for almond milk and other almond-based products, the increasing popularity of plant-based diets, and the rising awareness of the health benefits of almonds.
The demand for almond milk has been increasing rapidly in recent years, due to its dairy-free and vegan-friendly status. Almond milk is now the most popular plant-based milk in the United States, and its sales have more than doubled in the last five years. This growth is being driven by the increasing popularity of plant-based diets, as well as the rising awareness of the health benefits of almond milk.
Almonds are a rich source of vitamins, minerals, and antioxidants, and have been shown to offer numerous health benefits. They are also low in calories and fat, and are a good source of protein. These factors are all contributing to the growing popularity of almond-based products.
The global almond ingredients market is expected to continue to grow in the coming years, as the demand for almond milk and other almond-based products continues to rise.
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Market Segments
By Type
Whole Almonds
Almond Pieces
Almond Flour
Others
By Application
Snacks
Bars
Bakery
Others
Key Players
The almond ingredients market report includes players such as ADM, Olam International Limited, Barry Callebaut, Blue Diamond Growers, Repute Foods Pvt. Ltd, Deep Nuts N Flavors LLP, Shivam Cashew Industry, Modern Ingredients, ConnOils LLC, and ETChem.
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Reasons to buy Almond Ingredients Market Report:
• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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