North America Almond Kernels Market

North America Almond Kernels Market Size, Share, Growth (2023-2028)

North America Almond Kernels Market was worth USD XX million in 2023 and is estimated to be growing at a CAGR of XX%, to reach USD XX million by 2028.

North America Almond Kernels Market

Almond Kernels are a type of nut that is beneficial for health. The fruit of an almond is a drupe that consists of an outer hull and a hard shell covering the seed or kernel. The process of removal of the shell of almonds 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 confectionery. Almond Kernels are also used in cosmetics. Primary factors accounted for driving the market are increasing awareness regarding the health benefits and uses in functional and fortified foods, increasing use in skincare 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.

North America Almond Kernels Market Segmentation:

The North 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

North America Almond Kernels Market Regional Analysis

• United States of America

• Canada

USA 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. USA is also 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.

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