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Latin America Almond Kernels Market By Type (Bitter Type And Sweet Type), By Application (Food And Beverage, Pharmaceuticals, Cosmetics And Others) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2022 to 2027)

Published: March, 2023
ID: 5536
Pages: 145
Formats: report pdf report excel report power bi report ppt

Latin America Almond Kernels Market Size, Share, Growth (2022-2027)

Latin America Almond Kernels Market was worth USD XX million in 2021 and is estimated to be growing at a CAGR of XX%, to reach USD XX million by 2027.

Latin America Almond Kernels Market Overview

The fruit of an almond is a drupe which consists of an outer hull and a hard shell covering the seed or kernel. The process of removal of shell of almond is termed shelling, and the almonds are sold shelled or unshelled. There are two types of almonds. Sweet and bitter-tasting almonds. They are consumed directly or used in sweets and confectionary. Almond Kernels are also used in cosmetics. Primary factors driving the market are increasing awareness regarding the health benefits and uses in functional and fortified foods, increasing use in skin care cosmetics and increasing consumption by health-conscious individuals. However, factors like expensive prices, cultivating complexities and health issues regarding excessive consumption are hindering the growth of the market.

Latin America Almond Kernels Market Segmentation:

The Latin America market for Almond Kernels is segmented

based on

  • Type

  • Application

Based on Type

  • Sweet Type

  • Bitter Type

Based on Application

  • Food and Beverages

  • Pharmaceuticals

  • Cosmetics

Latin America Almond Kernels Market Regional Analysis

  • Brazil

  • Argentina

  • Mexico

Rest of Latin America. Brazil holds the major share in the market due to the presence of market leaders as well as a sophisticated food industry and almond’s extensive use in food products. Argentina is the fastest-growing region due to increasing demand and product innovation and increasing disposable income.

Based on Application Food application is the most widespread due to increasing demand for fortified and functional foods while the pharmaceutical segment is expected to grow the fastest due to increasing expenditure on drug discovery and development. Based on Type Sweet Almonds are mostly preferred for food and beverage purposes.

Latin America Almond Kernels Market Key players

  1. Malyata Apricot

  2. Chitree

  3. Wani Fruit

  4. Royal Rifco

  5. The Raw Chocolate

  6. Hebei Longwangmao

  7. Hebei Yongdeheng

  8. Swanson

  9. Hunza Apricot Kernels

  10. Yesraj Enterprises

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