Almond Nut Market Scope
Almond is a nut. It is widely cultivated in California. In the current market situation, India is the leading importer of Almond from California. China and Spain are leading consumer of the almond in recent times. Almond consumption is seeing strong growth in India because of rising health-conscious middle-class. Around California accounts, 80 percent of the world’s almond production, from that 33 percent is consumed in the United States and Canada, and rest 67 percent is exported to 90 countries. Most of the California almonds are produced in San Joaquin and Sacramento. There are many varieties of almonds which is commercially grown. It is majorly classified as Nonpareil, Butte, and Mission, it defines with respect to its size and shape.
The market study is being classified by Type (Seasoned Almonds, Marcona Almonds and Naturals Almonds), by Application (Snacks & Bars, Bakery & Confectionery, Milk Substitutes & Ice Creams, Nut & Seed Butters, RTE Cereals and Others) and major geographies with country level break-up.
The global almond nut market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Almond Nut market throughout the predicted period.
Wonderful Pistachios & Almonds (United States), Blue Diamond (United States), Panoche Creek Packing (United States), Spycher Brothers (United States), Select Harvest (Australia), Mariani Nut Company (United States), Waterford Nut Co (United States), Treehouse (United States), Belehris Estates (Australia) and California Gold Almonds (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Hilltop Ranch (United States), The Almond Company (United States), D.V.Enterprise (United States), Harris Woolf California Almonds (United States), Patrocinio Lax (Spain) and Sran Family Orchards (United States).
AdvanceMarketAnalytics has segmented the market of Global Almond Nut market by Type, Application and Region.
On the basis of geography, the market of Almond Nut has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In Oct 2019, Olan International announced the acquisition of Hughson Nut for the expansion of almond ingredients capacity. Through this, the company enhances its solution across the Almond value-chain in the United States.
- Advancement in Production Technology
- Rapid Adoption of Almond Powder for Concern of Nutritional Benefits among Consumers
- Rising Health Conscious Majorly In India Region
- Rapid Increase in Almond-Based New Product Launches
- Rising Demand for Plant-Based Proteins & Beverages
- Growing Demand from Asia Pacific Regions Majorly In India and China
- Increasing Adoption of Online Sales Platform by Leading Players
- Growing Incidences of Almond Allergy
- High Production Cost
- Fluctuation in Economy
- Complexity in Supply Chain of Almond Ingredients Market
Key Target AudienceVenture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Almond Nut Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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