Almond Flour Market by Product Type (Natural Almond Flour and Blanched Almond Flour), Application (Bakery, Confectionery, Cosmetics, and Other), End Use (Commercial and Household), and Sales Channel (Online and Offline): Global Opportunity Analysis and Industry Forecast, 2021–2027

Global Almond Flour Market Size was valued at $970.40 million in 2019 and is anticipated to reach $1,701.20 million by 2027, with a CAGR of 7.27% during the forecast period 2021-2027.

Almond Flour is produced by grinding the sweet almonds to a fine powder form. This flour is generated as a result of almond oil processing, and then utilized in further processing as per the demand in food and beverage market. Moreover, Almond Flour can be obtained from blanched and unblanched almonds. The latter, produced at the time of grinding blanched and unblanched almonds is known as natural almond flour. The flour is also called as almond meal or almond powder. 

Almond Flour or Almond meal is rich in source of vitamin A vitamin B, minerals, omega fatty acids and proteins. This flour or mealis used in many industries other than food and beverages which are cosmetics and confectionery. Experimenting with chocolate and candies with giving them touch of almond or nuts have increased the sales of chocolate and candies. However, increasing in awareness about health benefits and consuming Almond Flour has driven the growth of market. Almond Flour is mostly utilized in making pastries, cookies, and cakes. Furthermore, the demand for adding Almond Flour in various food cuisines in order to add nutritional content and flavor is also expected to fuel the Global Almond Flour Market. Moreover, Almond Flour has found its way in formulating in skin care products such as lotion and cream. Consumers who are on paleo diet which consists of nuts and seeds, meat, and healthy oils and fats are choosing almond flour to a high extent. Rising urban population, increasing the standard of living and changing lifestyle, and growing demand for almond derived products such as almond butter and almond oil is projected to be boosting the Global Almond Flour Market. Asalmond flour is good for blood circulation itcausehigh spikes in blood sugar level, which may lead you tired, hungry and cravings food high in sugar and calories which may hamper the growth of the Almond Flour Market.

Key Market Segments:

Global Almond Flour Market is segmented into Product Type, Application, End User, Sales Channel and Region.

On the basis of Product Type it is divided into natural almond flour blanched almond flour.

On the Application Based it is categorized into Bakery, Confectionery, Cosmetics, and Other.

By End Users it is furthered classified into commercial and household.

By Sales Channel it is divided into two categories online and offline.

Region Wise it is observed across northAmerica, Europe, Asia-pacific and LAMEA.

By Product Type Insight:

Balancedalmondmeal is expected to grow in the forecast period. Blanched flour does not consist of almond skin.it is used in bakery and confectionary.

By Application Insight:

Bakery Segment is prominent and is expected to dominant the market through forecast period.

By End User Insight:

Commercial Segment was dominant in 2019 and is expected to grow in forecast period. The demand for Almond Flour is expected to grow substantially owing to rise in investments in commercial spaces such as airports, hospitals, hotels, restaurants among others. The convenience of sales and purchase, varieties offered by brands, and cost are some of the key driving factors of the market. Increase in sales of natural Almond Flour is expected to create high demand for Almond Flour in the commercial sector.

By Sales Channel:

Offline segment is expected to grow through forecast period. Market players are establishing new convenience stores across various regions to extend their reach and increase their customer base. Moreover, the specialty retail industry is anticipated to witness uncertain growth owing to macroeconomic factors such as consumer spending and higher disposable income. 

By Region Insight:

North America has witnessed growth in 2019; however Asia-pacific is expected to grow throughout the forecast period, owing to rise in number of food and bakery processing.

The players in the Almond Flour Market have adopted business expansion as their key developmental strategy to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in the report include Rolling Hills Nut Company, Blue Diamond Growers, Hodgson Mill, Treehouse Almonds, Bob’s Red Mill Natural Foods, Oleander Bio, SA, Shiloh Farms, King Arthur Flour Company, Inc, Anthony's Goods, and Barney Butter.

Almond Flour Market Key Segments:

By Product Type

• Natural almond flour
• Blanched almond flour

By Application

• Bakery
• Confectionary
• Cosmetics
• Others

By End User

• Commercial
• Household

By Sales Channel

• Online
• Offline

By Region:

North America

• U.S
• Canada
• Mexico

Europe

• U.K
• Germany
• France
• Italy
• Spain
• Rest of Europe

Asia-pacific

• India
• China
• Japan
• Australia
• Rest of asia-pacific

LAMEA

• Latin America
• Middle east
• Africa