| Study Period | 2019 - 2030 |
| Market Size (2025) | USD 15.38 Billion |
| Market Size (2030) | USD 23.74 Billion |
| CAGR (2025 - 2030) | 9.07 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
| Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Almond Ingredients Market Analysis
The Almond Ingredients Market size is estimated at USD 15.38 billion in 2025, and is expected to reach USD 23.74 billion by 2030, at a CAGR of 9.07% during the forecast period (2025-2030).
Almond ingredients offer consumers rich nutritional value, boasting a high mineral and nutrient content. This versatility and health appeal have seen almond ingredients integrated into a wide array of food applications. During 2022-2023, global almond consumption, as reported by the USDA, stood at approximately 1.49 million metric tons. Driven by a global shift toward healthier lifestyles and a preference for health-conscious food, the demand for almond ingredients is on the rise. Almonds, beyond their widespread use in various food applications, pack a nutritional punch, offering vitamins, protein, carbohydrates, fiber, fats, and essential minerals. Furthermore, the increasing popularity of plant-based diets is opening up new avenues for almond derivatives like almond milk and paste.
Studies highlight almonds' role in maintaining a healthy cholesterol profile, with a focus on reducing LDL (bad) cholesterol while promoting HDL (good) cholesterol. This heart-healthy association is a significant draw for health-conscious consumers. Almonds' high fiber and healthy fat content also contribute to a slower increase in blood sugar levels post-meal, making them an appealing choice for people with diabetes and those monitoring their blood sugar. These factors collectively underscore the positive trajectory of the almond ingredients market.
Almond Ingredients Market Trends
Application of Almond Ingredients in Bakery Industries Promoting Growth
Consumers are increasingly opting for healthier baked goods, with almonds standing out for their rich content of healthy fats, protein, fiber, and essential nutrients. This nutritional profile appeals to those looking to enjoy treats while staying true to their dietary objectives. The surge in popularity of low-carb and ketogenic diets has spurred a need for baked goods that align with these dietary preferences. Given its natural low-carb and high-fat composition, almond flour has emerged as the go-to choice. Consequently, there is an ongoing wave of innovative keto-friendly and low-carb treats, from cookies to cakes, all centered around almond flour.
Almond flour, crafted from finely ground almonds, has revolutionized the options for those with gluten intolerance or celiac disease. Its high protein content and subtle taste make it a versatile substitute for wheat flour in various baking applications. This shift has not only propelled the gluten-free bakery market but has also highlighted almond flour's ability to enhance moisture retention in baked goods, resulting in a more delectable and softer end product. These advantages are driving the global demand for almond-based ingredients in the bakery industry.
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Europe Dominates the Consumption of Almond Ingredients Globally
Europeans, especially in the Northern and Western regions, prioritize health and well-being, driving demand for food perceived as healthier. Almonds, boasting rich protein, fiber, and healthy fats, perfectly cater to this preference. In 2021, the Netherlands led the world in almond consumption, with per capita rates at 4.43 kg, as reported by the International Nut & Dried Fruit Council. Following closely, Spain and Belgium recorded 3.65 and 3.32 kg per capita, respectively.
Europe grapples with a notable lactose intolerance prevalence, spurring a robust market for dairy alternatives. Data from Hochdorf Inside in 2023 highlighted a gradient, with Southern Europe showing higher lactose intolerance rates that taper toward the north and west. For instance, Scandinavia reported a mere 3% affected, contrasting with figures between 10% and 20% in Switzerland and Germany, respectively.
Almond milk, prized for its creamy texture and neutral taste, has emerged as a favored cow's milk substitute. Moreover, the surge in vegan and vegetarian diets across Europe has bolstered the demand for plant-based ingredients like almond flour, a versatile alternative in baking and cooking. European food regulations, renowned for their strictness, prioritize safety and transparency. Given almonds' well-documented nutritional benefits and safety credentials, they enjoy swift approval from European regulatory bodies, encouraging further innovation in incorporating almond-based ingredients into food products.
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Almond Ingredients Industry Overview
The almond ingredients market exhibits fragmentation, with major players like Archer Daniels Midland Company, Olam International Limited, and Blue Diamond Growers leading the pack. Others, such as John B. Sanfilippo & Son, Borges Agricultural & Industrial Nuts, and Royal Nut Company, also hold significant market shares. These players have been proactive, leveraging strategies like expansions, new product launches, and strategic partnerships to cater to the escalating demand for almond ingredients.
Almond Ingredients Market Leaders
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Archer Daniels Midland Company
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Blue Diamond Growers
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John B. Sanfilippo & Son
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Borges Agricultural & Industrial Nuts SA
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Royal Nut Company
- *Disclaimer: Major Players sorted in no particular order
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Almond Ingredients Market News
- April 2024: Kagome Co. Ltd, a manufacturer and distributor of tomato-based food and fruit and vegetable juices, took over the production and distribution of Blue Diamond Growers, one of the largest global almonds marketers and processors in Japan. Blue Diamond intends to utilize Kagome’s market knowledge to increase sales and consumption of Almond Breeze - an almond milk brand in Japan.
- December 2023: Blue Diamond Growers announced a new addition to its selection of Almond Breeze products with the launch of Almond Breeze Original Almond & Oat Blend. Almond Breeze Original Almond & Oat Blend combines the flavor of California almonds with the creaminess of oat for dairy-free milk for any occasion. It has more calcium than dairy milk, fewer calories, and less sugar than other oat milk variants.
- January 2023: Califia Farms launched organic oat milk and almond milk made with just three simple ingredients: purified water, sea salt, oats/almonds, and no oils or gums. The brand designed the latest offerings to meet the needs of consumers seeking products with fewer ingredients.
Almond Ingredients Industry Segmentation
Almond ingredients are derived from one of the popularly consumed tree nut almonds packed with nutrients. Almonds are a good source of healthy fats, protein, fiber, vitamin E, calcium, magnesium, and other essential vitamins and minerals. They come in various forms and can be consumed raw, roasted, or salted. Beyond snacking, almonds are a versatile ingredient used in baking, preparing desserts, and even savory dishes. The almond ingredients market scope encompasses the following segments - type, application, and geography. By type, the market is further sub-segmented into whole almond, almond pieces, almond flour, almond paste, almond milk, and other types. The application segment is subdivided into bakery, dairy, confectionery, sweet and savory snacks, and other applications. The geography is also further sub-segmented into North America, Europe, Asia Pacific, South America, and Middle East and Africa. The market sizing and forecasts have been done for each segment based on value (USD).
| By Type | Whole Almond | ||
| Almond Pieces | |||
| Almond Flour | |||
| Almond Paste | |||
| Almond Milk | |||
| Other Types (Almond Oil, Almond Extract, Etc.) | |||
| By Application | Bakery | ||
| Dairy | |||
| Confectionery | |||
| Sweet and Savory Snacks | |||
| Other Applications | |||
| By Geography | North America | United States | |
| Canada | |||
| Mexico | |||
| Rest of North America | |||
| Europe | Germany | ||
| United Kingdom | |||
| France | |||
| Russia | |||
| Spain | |||
| Italy | |||
| Rest of Europe | |||
| Asia-Pacific | China | ||
| Japan | |||
| India | |||
| Australia | |||
| Rest of Asia-Pacific | |||
| South America | Brazil | ||
| Argentina | |||
| Rest of South America | |||
| Middle East and Africa | United Arab Emirates | ||
| South Africa | |||
| Rest of Middle East and Africa | |||
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Almond Ingredients Market Research FAQs
How big is the Almond Ingredients Market?
The Almond Ingredients Market size is expected to reach USD 15.38 billion in 2025 and grow at a CAGR of 9.07% to reach USD 23.74 billion by 2030.
What is the current Almond Ingredients Market size?
In 2025, the Almond Ingredients Market size is expected to reach USD 15.38 billion.
Who are the key players in Almond Ingredients Market?
Archer Daniels Midland Company, Blue Diamond Growers, John B. Sanfilippo & Son, Borges Agricultural & Industrial Nuts SA and Royal Nut Company are the major companies operating in the Almond Ingredients Market.
Which is the fastest growing region in Almond Ingredients Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Almond Ingredients Market?
In 2025, the Europe accounts for the largest market share in Almond Ingredients Market.
What years does this Almond Ingredients Market cover, and what was the market size in 2024?
In 2024, the Almond Ingredients Market size was estimated at USD 13.99 billion. The report covers the Almond Ingredients Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Almond Ingredients Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Almond Ingredients Industry Report
Statistics for the 2025 Almond Ingredients market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Almond Ingredients analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
