Middle East And Africa Almond Products Market

Middle East and Africa Almond Products Market Size and Growth Analysis:

Middle East and Africa Almond Product market size were around USD XX billion in 2022. It is expected to grow at a CAGR of XX% to reach USD XX billion by 2027

Middle East and Africa Almond Products Market Scenario:

Almonds are commonly known as nuts. It consists of a kernel, middle shell, outer green shell cover, and seed coat. The nutritionally essential part is the kernel. They are very important in diet owing to their nutritional benefits like it has very low amounts of cholesterol and sodium and is a good source of riboflavin, iron, zinc manganese, and magnesium. Growing health consciousness in developed as well as emerging economies population, consumers demand natural based products like products containing nuts like almonds. They are looking for tasty snack options, simultaneously demanding a healthy and nutritious snack that has a touch of indulgence. Rising concern with regards to traditional milk and its product consumption is another driver, inducing manufacturers to produce natural milk substitutes like soy milk, almond milk, rice milk, etc.

With increasing consumer demand for innovative food products, regions like Europe and North America are leading the product innovation in the area of the almond product market. With growing concerns regarding cosmetics and personal care product ingredients, consumers are shifting towards natural-based products. And thus almond products like almond oil are in demand. Taking into account the health benefits, anti-inflammatory and nutritional as well as medicinal properties of almonds, they are attracting cosmetic, personal care, food supplements, infant formulae, and pharmaceutical market players too. With rising market demand for natural-based food, cosmetics, personal care and pharmaceutical products, almond has got considerable market demand worldwide as it suits almost every demanding product with their novel properties.

Middle East and Africa Almond Products Market Segmentation:

The Almond product market can be categorized

on the basis of

• applications

• forms

By applications,

• beverages

• snacks

• personal care

• cosmetics

• bakery

• confectionary,

• pharmaceuticals

Almond is the second most popular nut in the snacks market. It is used as a raw or roasted and seasoned snack worldwide. In the bakery and confectionary market category almond is the top most popular nut used in products like cakes, cookies, etc. They are traditionally used in making chocolate bars, candies etc. Moreover, almonds coated with chocolates have high demand by chocolate lovers. In the beverage market category, with rising health concerns regarding the consumption of traditional milk and milk-based products, Almond milk has gained a major market share as a substitute to traditional milk. Taking into account high skin care and anti-inflammatory properties of Almonds, Almond oil and extract is utilized exclusively in cosmetics and personal care products and has high market demand from the industry. Almond oil and extracts are utilized in products like body oils, creams, and lotions, hair oils, treatments of skin allergies, etc. Taking into account its health benefits for the immune system, heart, brain, and cancer prevention ability, almond extract and oil’s market demand is increasing in pharmaceutical products.

By forms, the market is segmented

• raw nuts

• liquid

• powder

As raw nuts almonds are used by almost half of world's population, once a month. Liquid almond products are further categorized as oil, milk, and others. Oil is primarily used for cosmetics and medicinal purposes and in traces for cooking. Almond milk is gaining popularity as an alternative to traditional milk and in a vegan diet globally. Products like almond-based yogurt, butter etc. fall under other almond products market sub-segment. Powdered almond and almond flour are utilized in dietary supplements, in bakery preparations, infant formulae etc.

Middle East and Africa Almond Products Market Geographical Analysis

• UAE

• Israel

• KSA

• South Africa

• Egypt

MEA Almond Products Market Key players:

1. Russell Stover Candies

2. Silk, Sanitarium

3. Honeyville

4. Red Mill

5. Himalaya

6. Blue Diamond Almonds

7. ADM

8. Kanegrade Limited 

9. Kerry Group

10. The Hershey Company,

11. Good Snack Co.

12. Olam Internationls

13. Bajaj etc