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Pulished Date February, 2020
ID: 5055
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Almond Products Market By Application (beverages, Snacks, Bakery And Confectionary, Personal Care And Cosmetics, Pharmaceutical And Others), By Form (Raw Nuts, Liquid, Powder), By Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2019-2024

Pulished: February, 2020
ID: 5055
Pages: 175

Almond Products Market Overview:

Almonds, which come from North Africa, the Middle East and Subcontinent Indian, are popularly known. The fruit of almond consists of a kernel, a medium shelve, an internal shell and seed coat in four parts. The essential nutritional part is the kernel, but the shell and exterior skin are also known and used for different purposes as nutritional and medicinal. The nutritional benefits of almonds such as cholesterol, sodium, riboflavin, iron, zinc manganese and magnesium are considered to be of high importance in the diet, and they also contain high levels of vitamin E.

When consuming or using raw almonds in different dishes, almonds are used primarily for the manufacture of specific almond-based products such as shakes, beverages, chocolates, yogurt-based almonds, almond oil, almond cream, cookies, hair care, skin care and cosmetics, almond butter, flour and many more.

Almond Products Market value and expected growth:

An excellent source of vitamin E, omega fatty acids and minerals is oils derived from almonds. It is also a rich source of phytosterols and unsaturated fatty acids, with outstanding moisturizing effects that are extremely useful for applications of aromatherapy. Core producers launch new goods to meet growing customer demand.

Consumers are requesting natural products and products containing nuts like almonds, because of a greater awareness of health among developed as well as developing economies. Modern consumers want delicious snacks, but also a healthy nutritious meal that features a touch of indulgence. Almonds fit these criteria and are the hot ingredient of choice for snack producers.

Almond Products Market Growth Drivers and Restraints Analysis;

The driver is growing concern about conventional dairy and milk products consumption, causing farmers to manufacture natural milk substitutes such as almond milk, rice milk, soy milk, etc. Nonetheless, large shares were exchanged between the organic milk alternatives available in the market for almond milk products. Increasing rising consumer demand for innovative food products, regions such as Europe and North America are driving brand development in the market for almond products. In developing markets such as Asia-Pacific and the Middle East, almonds are the best-loved dry fruit and are considered the healthiest by consumers and are also generally eaten in the region.

Consumers are demanding natural products with increasing concerns about cosmetics and personal care ingredients. Such nuts are appealing to cosmetics, personal care, dietary supplements, baby formulas, and the market players in pharmaceuticals, taking into consideration the safety advantages, nutritional and medicinal properties of almonds.

Research Methodology:

Market research involves studying market trends, growth patterns, and understanding the influence of variables like macro and microeconomic conditions, geopolitical and demographic conditions on the market value and market dynamics.

The research methodology used to calculate and forecast the Almond Products market began by collecting information on the market key player's sales using multiple sources via secondary research. To identify market segmentation, supplier offers have been considered.

Recent developments in Almond Products market:

A new coolant Products in the hair treatment market, under the brand name 'Bajaj Cool Almond Drops Hair Oil,' was launched by India-based Bajaj Corp Ltd in April 2019. This is a non-sticky and much lighter material than the original. The menthol and camphor combination keeps your head hot and feeds your body. This product launch helps to strengthen the company's role in India's emerging market.

  • In June 2015, Wikka, the skincare company responsible for flavor treatments, released new products mainly for the monsoon season.
  • A vegan alpha butter under the brand Cherry Bakewell in the UK was introduced at Pip & Nut Ltd in April 2019.

Drivers and market limitations:

The Almond Products market size is exponentially expanding owing to the following:

  • Increasing customer adoption.
  • As a result of the availability of vitamin E in almond products, skin treatment helps the population. Almond Products helps rejuvenate the skin and preserves the dry skin, which is the leading quality.

Restraints of Almond Products market can be –

  • Strict safety and protection rules.
  • High set up cost

Opportunities of Almond Products market can be

  • Increased penetration of eCommerce through the vertical sector

Almond Products Market segmentation:

By Product:

  • Raw nuts
  • Liquid
  • Powders

The demand for almond products is segmented by types, including raw nuts, liquids and powders, available on the market. Almost 50 percent of the world's population consumes natural almonds once a month. Liquid almond products can be subdivided into oil, milk and other products. Oil is used mainly for cosmetics, medicine, and cooking in small quantities. Mandy milk gains popularity in the international vegan diet as a conventional milk substitute. Items including almond-based milk, butter etc. fall within the sub-segment of other almond items. In bakery preparations and dietary supplements, polished almond and almond meal are used.

By Application:

  • Personal Care & Cosmetics
  • Pharmaceuticals
  • Beverages and snacks

The demand for Almond products is divided into beverages and snacks, personal care and cosmetics, medications, and so on. The second most popular noodle on the snacking market is almonds. And used internationally as a raw or roasted snack. Almonds are the second most common noodles used exclusively in items such as cakes, cookies, etc.

Traditionally, almonds are used in the manufacture of chocolate bars, candies, etc., and chocolate-coated almonds have a high demand from chocolate lovers. In the beverage market segment, with an increase in health issues related to the consumption of traditional milk and milk-based products, Almond milk has gained a significant share as an alternative to conventional milk. Considering the high skin care and anti-inflammatory properties of almonds, almond oil and extract is primarily in cosmetics and personal care products and has high market demand from the industry. Almond oils and extracts are used in products such as body oils, hair oils, creams and lotions, skin allergy remedies, etc.

Geographical Segmentation of the Market:

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

Regional Growth Analysis:

In 2018, Asia Pacific ruled the market by 41.7% share. The area has seen a significant increase in consumer recognition thanks to innovative strategies implemented by international competitors. Overall, the demand from countries like India, China and Australia is high. The increasing population and availability of livelihoods will also affect global growth.

Leading Key Players mentioned in this research report are:

  • Blue Diamonds
  • Good Snack Co.
  • Kerry Group
  • The Hershey Company
  • Mars
  • Russell Stover Candies
  • Silk
  • Sanitarium
  • Horeyville
  • Red Mill
  • Himalaya
  • Bajaj

Key highlights of the research report:

  • This report provides a detailed quantitative analysis of the current market and estimates for the years 2019-2024, which help identify the prevailing market opportunities.
  • Important changes in market dynamics.
  • Report and evaluation of recent developments in the industry.
  • Competitive intelligence helps to understand the competitive scenario in geographical regions.
  • The key players in the market are described in detail in this report, and their strategies are analyzed in-depth to understand the competitive advantage of the market better.

 

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Product                        

                                5.1.1 Introduction           

                                5.1.2 Raw Nuts 

                                5.1.3 Liquid        

                                5.1.4 Powders  

                                5.1.5  Y-o-Y Growth Analysis, By Product              

                                5.1.6  Market Attractiveness Analysis, By Product            

                                5.1.7  Market Share Analysis, By Product              

                5.2 Application                 

                                5.2.1 Introduction           

                                5.2.2 Personal Care and Cosmetics          

                                5.2.3 Pharmaceuticals   

                                5.2.4 Beverages and Snacks        

                                5.2.5 Y-o-Y Growth Analysis, By Application         

                                5.2.6 Market Attractiveness Analysis, By Application       

                                5.2.7 Market Share Analysis, By Application        

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Product

                                                6.1.3.3 By Application

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Product

                                                6.1.4.3 By Application

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Product

                                                6.1.5.3 By Application

                6.2 North America                          

                                6.1.1 Introduction           

                                6.1.2 United States         

                                6.1.3 Canada     

                6.3 Europe                         

                                6.2.1 Introduction           

                                6.2.2 U.K             

                                6.2.3 Spain         

                                6.2.4 Germany 

                                6.2.5 Italy            

                                6.2.6 France       

                6.4 Asia-Pacific                 

                                6.3.1 Introduction           

                                6.3.2 China         

                                6.3.3 India          

                                6.3.4 Japan         

                                6.3.5 Australia   

                                6.3.6 South Korea           

                6.5 Latin America                             

                                6.4.1 Introduction           

                                6.4.2 Brazil          

                                6.4.3 Argentina

                                6.4.4 Mexico     

                                6.4.5 Rest of Latin America          

                6.6 Middle East & Africa               

                                6.5.1 Introduction           

                                6.5.2 Middle-East            

                                6.5.3 Africa         

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 Blue Diamonds                          

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Good Snack Co.                        

                8.3 Kerry Group                               

                8.4 The Hershey Company                          

                8.5 Mars                              

                8.6 Russell Stover Candies                           

                8.7 Silk                 

                8.8 Sanitarium                  

                8.9  Horeyville                   

                8.10  Red Mill                    

                8.11 Himalaya                   

                8.12 Bajaj                            

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of form and application along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Almond Industry Market By Region, From 2019-2024 ( USD Million )
  2. Global Almond Industry Market By Application, From 2019-2024 ( USD Million )
  3. Global Beverages Market By Region, From 2019-2024 ( USD Million )
  4. Global Snacks Market By Region, From 2019-2024 ( USD Million )
  5. Global Bakery and Confectionary Market By Region, From 2019-2024 ( USD Million )
  6. Global Personal and Cosmetics Market By Region, From 2019-2024 ( USD Million )
  7. Global Pharmaceutical Market By Region, From 2019-2024 ( USD Million )
  8. Global Others Market By Region, From 2019-2024 ( USD Million )
  9. Global Almond Industry Market By Form, From 2019-2024 ( USD Million )
  10. Global Raw Nuts Market By Region, From 2019-2024 ( USD Million )
  11. Global Liquid Market By Region, From 2019-2024 ( USD Million )
  12. Global Powder Market By Region, From 2019-2024 ( USD Million )
  13. North America Almond Industry Market By Application, From 2019-2024 ( USD Million )
  14. North America Beverages Market By Region, From 2019-2024 ( USD Million )
  15. North America Snacks Market By Region, From 2019-2024 ( USD Million )
  16. North America Bakery and Confectionary Market By Region, From 2019-2024 ( USD Million )
  17. North America Personal and Cosmetics Market By Region, From 2019-2024 ( USD Million )
  18. North America Pharmaceutical Market By Region, From 2019-2024 ( USD Million )
  19. North America Others Market By Region, From 2019-2024 ( USD Million )
  20. North America Almond Industry Market By Form, From 2019-2024 ( USD Million )
  21. North America Raw Nuts Market By Region, From 2019-2024 ( USD Million )
  22. North America Liquid Market By Region, From 2019-2024 ( USD Million )
  23. North America Powder Market By Region, From 2019-2024 ( USD Million )
  24. United States Almond Industry Market By Application, From 2019-2024 ( USD Million )
  25. United States Almond Industry Market By Form, From 2019-2024 ( USD Million )
  26. Canada Almond Industry Market By Application, From 2019-2024 ( USD Million )
  27. Canada Almond Industry Market By Form, From 2019-2024 ( USD Million )
  28. Europe Almond Industry Market By Application, From 2019-2024 ( USD Million )
  29. Europe Beverages Market By Region, From 2019-2024 ( USD Million )
  30. Europe Snacks Market By Region, From 2019-2024 ( USD Million )
  31. Europe Bakery and Confectionary Market By Region, From 2019-2024 ( USD Million )
  32. Europe Personal and Cosmetics Market By Region, From 2019-2024 ( USD Million )
  33. Europe Pharmaceutical Market By Region, From 2019-2024 ( USD Million )
  34. Europe Others Market By Region, From 2019-2024 ( USD Million )
  35. Europe Almond Industry Market By Form, From 2019-2024 ( USD Million )
  36. Europe Raw Nuts Market By Region, From 2019-2024 ( USD Million )
  37. Europe Liquid Market By Region, From 2019-2024 ( USD Million )
  38. Europe Powder Market By Region, From 2019-2024 ( USD Million )
  39. U.K. Almond Industry Market By Application, From 2019-2024 ( USD Million )
  40. U.K. Almond Industry Market By Form, From 2019-2024 ( USD Million )
  41. Germany Almond Industry Market By Application, From 2019-2024 ( USD Million )
  42. Germany Almond Industry Market By Form, From 2019-2024 ( USD Million )
  43. France Almond Industry Market By Application, From 2019-2024 ( USD Million )
  44. France Almond Industry Market By Form, From 2019-2024 ( USD Million )
  45. Italy Almond Industry Market By Application, From 2019-2024 ( USD Million )
  46. Italy Almond Industry Market By Form, From 2019-2024 ( USD Million )
  47. Spain Almond Industry Market By Application, From 2019-2024 ( USD Million )
  48. Spain Almond Industry Market By Form, From 2019-2024 ( USD Million )
  49. Asia Pacific Almond Industry Market By Application, From 2019-2024 ( USD Million )
  50. Asia Pacific Beverages Market By Region, From 2019-2024 ( USD Million )
  51. Asia Pacific Snacks Market By Region, From 2019-2024 ( USD Million )
  52. Asia Pacific Bakery and Confectionary Market By Region, From 2019-2024 ( USD Million )
  53. Asia Pacific Personal and Cosmetics Market By Region, From 2019-2024 ( USD Million )
  54. Asia Pacific Pharmaceutical Market By Region, From 2019-2024 ( USD Million )
  55. Asia Pacific Others Market By Region, From 2019-2024 ( USD Million )
  56. Asia Pacific Almond Industry Market By Form, From 2019-2024 ( USD Million )
  57. Asia Pacific Raw Nuts Market By Region, From 2019-2024 ( USD Million )
  58. Asia Pacific Liquid Market By Region, From 2019-2024 ( USD Million )
  59. Asia Pacific Powder Market By Region, From 2019-2024 ( USD Million )
  60. Japan Almond Industry Market By Application, From 2019-2024 ( USD Million )
  61. Japan Almond Industry Market By Form, From 2019-2024 ( USD Million )
  62. China Almond Industry Market By Application, From 2019-2024 ( USD Million )
  63. China Almond Industry Market By Form, From 2019-2024 ( USD Million )
  64. India Almond Industry Market By Application, From 2019-2024 ( USD Million )
  65. India Almond Industry Market By Form, From 2019-2024 ( USD Million )
  66. Australia Almond Industry Market By Application, From 2019-2024 ( USD Million )
  67. Australia Almond Industry Market By Form, From 2019-2024 ( USD Million )
  68. South Korea Almond Industry Market By Application, From 2019-2024 ( USD Million )
  69. South Korea Almond Industry Market By Form, From 2019-2024 ( USD Million )
  70. Latin America Almond Industry Market By Application, From 2019-2024 ( USD Million )
  71. Latin America Beverages Market By Region, From 2019-2024 ( USD Million )
  72. Latin America Snacks Market By Region, From 2019-2024 ( USD Million )
  73. Latin America Bakery and Confectionary Market By Region, From 2019-2024 ( USD Million )
  74. Latin America Personal and Cosmetics Market By Region, From 2019-2024 ( USD Million )
  75. Latin America Pharmaceutical Market By Region, From 2019-2024 ( USD Million )
  76. Latin America Others Market By Region, From 2019-2024 ( USD Million )
  77. Latin America Almond Industry Market By Form, From 2019-2024 ( USD Million )
  78. Latin America Raw Nuts Market By Region, From 2019-2024 ( USD Million )
  79. Latin America Liquid Market By Region, From 2019-2024 ( USD Million )
  80. Latin America Powder Market By Region, From 2019-2024 ( USD Million )
  81. Brazil Almond Industry Market By Application, From 2019-2024 ( USD Million )
  82. Brazil Almond Industry Market By Form, From 2019-2024 ( USD Million )
  83. Argentina Almond Industry Market By Application, From 2019-2024 ( USD Million )
  84. Argentina Almond Industry Market By Form, From 2019-2024 ( USD Million )
  85. Mexico Almond Industry Market By Application, From 2019-2024 ( USD Million )
  86. Mexico Almond Industry Market By Form, From 2019-2024 ( USD Million )
  87. Rest of Latin America Almond Industry Market By Application, From 2019-2024 ( USD Million )
  88. Rest of Latin America Almond Industry Market By Form, From 2019-2024 ( USD Million )
  89. Middle East and Africa Almond Industry Market By Application, From 2019-2024 ( USD Million )
  90. Middle East and Africa Beverages Market By Region, From 2019-2024 ( USD Million )
  91. Middle East and Africa Snacks Market By Region, From 2019-2024 ( USD Million )
  92. Middle East and Africa Bakery and Confectionary Market By Region, From 2019-2024 ( USD Million )
  93. Middle East and Africa Personal and Cosmetics Market By Region, From 2019-2024 ( USD Million )
  94. Middle East and Africa Pharmaceutical Market By Region, From 2019-2024 ( USD Million )
  95. Middle East and Africa Others Market By Region, From 2019-2024 ( USD Million )
  96. Middle East and Africa Almond Industry Market By Form, From 2019-2024 ( USD Million )
  97. Middle East and Africa Raw Nuts Market By Region, From 2019-2024 ( USD Million )
  98. Middle East and Africa Liquid Market By Region, From 2019-2024 ( USD Million )
  99. Middle East and Africa Powder Market By Region, From 2019-2024 ( USD Million )
  100. Middle East Almond Industry Market By Application, From 2019-2024 ( USD Million )
  101. Middle East Almond Industry Market By Form, From 2019-2024 ( USD Million )
  102. Africa Almond Industry Market By Application, From 2019-2024 ( USD Million )
  103. Africa Almond Industry Market By Form, From 2019-2024 ( USD Million )

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