Almond Kernels Market Report

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Global Almond Kernels Market Size

The global almond kernels market size was valued at USD 12.18 billion in 2025 and is expected to reach USD 20.75 billion by 2034 from USD 12.92 billion in 2026. The market is growing at a CAGR of 6.1% during the forecast period.

Almonds are considered among the most popular nuts in the world. These are the edible seeds of Prunus dulcis (almond tree) and are native to the Middle East. They contain many vitamins and nutrients. Due to their nutritional components, almonds have a wide range of applications in multiple industries. They are used in the manufacture of foods and beverages such as almond milk, almond flour, almond butter, cookies, and others. They are also used in the cosmetic and personal care industries and in the bakery and confectionery industries to make products such as almond oil, ice cream, chocolates, cookies, and others.

With the growing preference of consumers for healthier baked goods, the demand for walnut flour as an alternative to wheat flour in the gluten-free market is on the rise. Also, with the acceptance of the vegan trend by consumers around the world, the demand for almond milk is also growing. Almond milk is a non-dairy alternative to cow's milk that offers consumers a low-fat, high-protein option. These factors are helping to drive the growth of the almond kernels market. Today's consumers are well aware of the ingredients that are used to make cosmetics and personal care products. The demand for products made with natural ingredients is increasing. This creates a positive impact for almond oil and increases the market due to its anti-inflammatory, nutritional and medicinal properties. Additionally, consumers in developing economies have seen a similar impact when looking for healthy and tasty snack options. Almonds perfectly meet these criteria and are, therefore, increasingly used by manufacturers. 

REPORT COVERAGE

REGIONAL ANALYSIS

North America tops the global ranking of the world's largest almond producers after accounting for about 68% of the total almonds produced each year. The European market generates the most important income for the world market for almonds, as the demand for the confectionery company increases exponentially every year. The Asia-Pacific market is expected to grow at a significant rate during the forecast period due to the increasing number of consumers. Emerging economies like China and India are expected to drive industry growth as consumers engage more in busy lifestyles, increasing demand for money-saving foods time like almond yogurt, cookies, and the alike.

KEY MARKET PLAYERS

Mariani Nut Company, Harris Family Enterprises, Select Harvest USA, Bakers Authority, The Wonderful Company LLC, Nutraj, Sunbest Natural, Terrasoul Superfoods, Blue Diamond Growers, and WeGotNuts are the key players in the global almond kernels market.

RECENT HAPPENINGS IN THE MARKET

• Global food and agribusiness giant Olam has announced that it has acquired almond ingredient processor and manufacturer Hughson Nut (HNI) from APB Capital for a total value of $ 54 million. The transaction, which is expected to close in November, will be financed through a combination of internal accruals and existing lines of credit.
• Olam International has signed a purchase agreement to acquire a 100% interest in Hughson Nut Inc (HNI), a leading almond and ingredient processing company in California, and associated real estate assets of APB Partners for a total business value of $ 54 million. HNI's extensive processing capabilities will allow Olam to offer a fully integrated solution across the entire US almond value chain, including whole processed nuts and value-added ingredients, complementing similar capabilities in Australia and Vietnam.
• Boston Consulting Group (BCG) continues to expand its digital presence with the acquisition of Kernel Analytics, a leading European consulting firm specializing in advanced analytics and data science. The newly acquired company extends the capabilities of BCG GAMMA, the analytical power of BCG that harnesses world-class analytics and artificial intelligence to unlock the business performance potential of the world's largest companies.

MARKET SEGMENTATION 

This research report on the global almond kernels market has been segmented and sub-segmented based on form, way of packaging, distribution channel, and region.

By Type

• Forks into Inshell

• Shelled.

By Application

• Food and Beverage Industry

• Cosmetic and Personal Care Industry

By Distribution Channel

• Online Retailers

• Supermarkets/Hypermarkets

• Specialty Stores

• Department Stores

By Region

• Europe
• Latin America
• Middle East and Africa
• North America
• Asia Pacific