The global almond powder market is expected to witness high growth in the near future due to the changing perception of health among consumers and growth in products catering to the health of sportspersons. Almonds are packed with vitamins, minerals, protein, and fiber, and are related to a number of health benefits. Almond powder is an excellent plant-based, grain-free option, and a good alternative for those who need or want to avoid soy protein and whey protein (dairy)This growth is primarily driven by Changing the Perception of Health among Consumers and The Growth on Demand for Gluten-Free Product.
Globally, a noticeable market trend is evident Rapid Adoption of Almond Powder for Nutritional Benefits among Consumers. Major Vendors, such as Rolling Hills Nut Company (United States), Alldrin Brothers (United States), Treehouse California Almonds (United States), Oleander S.A. (Spain), Cannan Palestine, Shiloh Farms (United States), Hodgson Mill (United States), King Arthur Flour Company (United States), Barney Butter (United States), Bob's Red Mill (United States), Blue Diamond Growers (United States), Almondco Australia (Australia) and Borges Agricultural & Industrial Nuts (Spain) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
- Changing the Perception of Health among Consumers
- The Growth on Demand for Gluten-Free Product
- Rapid Adoption of Almond Powder for Nutritional Benefits among Consumers
- High Cost of Almond Powder
Increasing Adoption of Online Sales Platform by Various Players and Top Market Players are Investing Huge Amount in Research and Development Activities
The Fluctuation of Raw Material Prices
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