Table of Content

1 INTRODUCTION 29
1.1 OBJECTIVES OF THE STUDY 29
1.2 MARKET DEFINITION 29
1.3 MARKET SCOPE 30
FIGURE 1 ALMOND INGREDIENTS MARKET SEGMENTATION 30
1.3.1 GEOGRAPHIC SCOPE 30
1.3.2 PERIODIZATION CONSIDERED 31
1.4 CURRENCY CONSIDERED 31
TABLE 1 USD EXCHANGE RATES CONSIDERED, 2015–2018 32
1.5 STAKEHOLDERS 32

2 RESEARCH METHODOLOGY 33
2.1 RESEARCH DATA 33
FIGURE 2 ALMOND INGREDIENTS MARKET: RESEARCH DESIGN 33
2.1.1 SECONDARY DATA 34
2.1.2 PRIMARY DATA 35
2.1.2.1 Key Data from Primary Sources 35
2.1.2.2 Breakdown of Primaries 36
2.2 MARKET SIZE ESTIMATION 37
2.2.1 ALMOND INGREDIENTS MARKET SIZE ESTIMATION - METHOD 1 37
2.2.2 ALMOND INGREDIENTS MARKET SIZE ESTIMATION - METHOD 2 38
2.2.3 ALMOND INGREDIENTS MARKET SIZE ESTIMATION NOTES 38
2.3 DATA TRIANGULATION 39
FIGURE 3 DATA TRIANGULATION METHODOLOGY 39
2.4 ASSUMPTIONS FOR THE STUDY 40
2.5 LIMITATIONS OF THE STUDY 41

3 EXECUTIVE SUMMARY 42
TABLE 2 ALMOND INGREDIENTS MARKET SNAPSHOT, 2020 VS. 2020 43
FIGURE 4 ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2020 VS. 2025 (USD MILLION) 43
FIGURE 5 ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2020 VS. 2025 (USD MILLION) 44
FIGURE 6 ALMOND INGREDIENTS MARKET SHARE, BY REGION 45

4 PREMIUM INSIGHTS 46
4.1 BRIEF OVERVIEW OF THE ALMOND INGREDIENTS MARKET 46
FIGURE 7 ALMOND INGREDIENTS: AN EMERGING MARKET WITH IMMENSE GROWTH POTENTIAL 46
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4.2 ALMOND INGREDIENTS MARKET, BY REGION 47
FIGURE 8 ASIA PACIFIC TO GROW AT THE HIGHEST RATE IN THE ALMOND INGREDIENTS MARKET FROM 2020 TO 2025 47
4.3 ALMOND INGREDIENTS MARKET, BY APPLICATION 47
FIGURE 9 SNACKS SEGMENT, BY APPLICATION, IS ESTIMATED TO DOMINATE THE MARKET IN 2020 (VALUE) 47
4.4 ALMOND INGREDIENTS MARKET, BY TYPE 48
FIGURE 10 WHOLE SEGMENT IS PROJECTED TO DOMINATE THE MARKET FROM
2020 TO 2025 (USD MILLION) 48
4.5 EUROPE: ALMOND INGREDIENTS MARKET, BY APPLICATION AND COUNTRY 48
FIGURE 11 SNACKS SEGMENT, BY APPLICATION, ACCOUNTED FOR THE LARGEST SHARE IN THE EUROPEAN ALMOND INGREDIENTS MARKET IN 2019 48
FIGURE 12 THE US, FOLLOWED BY GERMANY, OCCUPIED A MAJOR SHARE IN THE GLOBAL MARKET IN 2019 49

5 MARKET OVERVIEW 50
5.1 INTRODUCTION 50
5.2 PATENT ANALYSIS 50
FIGURE 13 NUMBER OF PATENTS FILED FOR ALMOND AND ALMOND INGREDIENTS, 2014–2018 50
TABLE 3 SOME OF THE GRANTED PATENTS PERTAINING TO ALMOND AND
ALMOND INGREDIENTS, 2016–2018 51
5.3 MARKET DYNAMICS 52
FIGURE 14 ALMOND INGREDIENTS MARKET DYNAMICS 52
5.3.1 DRIVERS 53
5.3.1.1 Numerous nutritional benefits offered by almond and almond ingredients 53
TABLE 4 NUTRITIONAL CONTENT OF ALMONDS (IN 100 GRAMS) 53
5.3.1.2 Rapid increase in almond-based product launches by key players in the food & beverage market 54
FIGURE 15 INCREASE IN ALMOND FLOUR- AND SHELL-CONTAINING NEW PRODUCT LAUNCHES 55
FIGURE 16 ALMONDS WERE THE ?MOST-USED’ NUTS IN TERMS OF NEW PRODUCTS LAUNCHED BETWEEN 2007 AND 2017 55
5.3.1.3 Growing inclination of consumers toward plant-based and gluten-free products 56
5.3.1.4 Associations and organizations promoting the nut ingredient industry 56
5.3.2 RESTRAINTS 57
5.3.2.1 Growing incidences of almond allergy among consumers 57
TABLE 5 ALMOND ALLERGENS 57
5.3.2.2 Unstable prices of raw materials 58
FIGURE 17 CALIFORNIA ALMOND VALUE: PRICE PER POUND FOR 2015-2019 58
5.3.3 OPPORTUNITIES 59
5.3.3.1 Increasing demand for almond ingredients in developing markets, such as the Asia Pacific region 59
5.3.3.2 Expansions by key players and resources present in the region 59
5.3.3.3 Potential for diversification into other application sectors 59
5.3.4 CHALLENGES 60
5.3.4.1 Food safety issues along the supply chain of almond trading 60
5.3.4.2 Impact of COVID-19 on the supply chain of almond ingredients 60
5.4 PRICING ANALYSIS 60
5.5 TRADE ANALYSIS 61
5.6 ECOSYSTEM 61
FIGURE 18 MARKET ECOSYSTEM FOR ALMOND INGREDIENTS 61
5.7 YC-YCC SHIFT 61
FIGURE 19 YC-YCC SHIFT: ALMOND INGREDIENTS MARKET 61

6 KEY REGULATIONS 62
6.1 INTRODUCTION 62
6.2 REGULATIONS FOR ALMOND INGREDIENTS 62
6.2.1 FOOD AND DRUG ADMINISTRATION 62
6.2.2 ELECTRONIC CODE OF FEDERAL REGULATIONS 63
6.2.3 EU REGULATIONS 64

7 CASE STUDY ANALYSIS 65
7.1 CASE STUDIES ON TOP INDUSTRY INNOVATIONS AND BEST PRACTICES 65
7.1.1 ALMONDS AND ALMOND INGREDIENTS TO ENCOURAGE SNACKING INNOVATIONS IN THE COMING YEARS 65
7.1.2 INCREASE IN APPLICATION OF ALMOND FLOUR IN THE FOOD INDUSTRY OTHER THAN BAKERY PRODUCTS 66

8 ALMOND INGREDIENTS MARKET, BY TYPE 67
8.1 INTRODUCTION 68
FIGURE 20 ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2020 VS. 2025 (USD MILLION) 68
TABLE 6 ALMOND INGREDIENTS MARKET SIZE, BY TYPE, 2018–2025 (KT) 68
TABLE 7 ALMOND INGREDIENTS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION) 69
8.2 COVID-19 IMPACT ANALYSIS 69
TABLE 8 ALMOND INGREDIENTS COVID-19 IMPACT, OPTIMISTIC SCENARIO, BY TYPE, 2018–2021 (USD MILLION) 69
TABLE 9 ALMOND INGREDIENTS COVID-19 IMPACT, REALISTIC SCENARIO, BY TYPE, 2018–2021 (USD MILLION) 70
TABLE 10 ALMOND INGREDIENTS COVID-19 IMPACT, PESSIMISTIC SCENARIO,
BY TYPE, 2018–2021 (USD MILLION) 70
8.3 WHOLE ALMONDS 71
8.3.1 INCREASE IN INCLINATION OF CONSUMERS TOWARD HEALTHY FOOD TO DRIVE THE MARKET GROWTH 71
TABLE 11 WHOLE ALMONDS MARKET SIZE, BY REGION, 2018–2025 (KT) 71
TABLE 12 WHOLE ALMONDS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION) 72
TABLE 13 WHOLE ALMONDS MARKET SIZE, BY TYPE, 2018–2025 (KT) 72
TABLE 14 WHOLE ALMONDS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION) 72
8.4 ALMOND PIECES 73
8.4.1 AVAILABILITY OF A WIDE RANGE ALMOND PIECES FOR VARIOUS APPLICATIONS 73
TABLE 15 ALMOND PIECES MARKET SIZE, BY REGION, 2018–2025 (KT) 73
TABLE 16 ALMOND PIECES MARKET SIZE, BY REGION, 2018–2025 (USD MILLION) 73
8.5 ALMOND FLOUR 74
8.5.1 INCREASE IN DEMAND FOR GLUTEN-FREE FOOD PRODUCTS TO CREATE GROWTH OPPORTUNITIES FOR MANUFACTURERS 74
TABLE 17 ALMONDS FLOUR MARKET SIZE, BY REGION, 2018–2025 (KT) 74
TABLE 18 ALMONDS FLOUR MARKET SIZE, BY REGION, 2018–2025 (USD MILLION) 75
8.6 ALMOND PASTE 75
8.6.1 APPLICATION IN TRADITIONAL RECIPES AND ALMOND MILK PROVIDES GROWTH OPPORTUNITIES FOR MANUFACTURERS 75
TABLE 19 ALMOND PASTE MARKET SIZE, BY REGION, 2018–2025 (KT) 75
TABLE 20 ALMOND PASTE MARKET SIZE, BY REGION, 2018–2025 (USD MILLION) 76
8.7 ALMOND MILK 76
8.7.1 INCREASING CASES OF LACTOSE INTOLERANCE AND MILK ALLERGIES TO CREATE GROWTH OPPORTUNITIES FOR ALMOND MILK MANUFACTURERS 76
TABLE 21 ALMOND MILK MARKET SIZE, BY REGION, 2018–2025 (KT) 77
TABLE 22 ALMOND MILK MARKET SIZE, BY REGION, 2018–2025 (USD MILLION) 77
8.8 OTHERS 77
8.8.1 ALMOND OIL AND EXTRACTS TO CONTRIBUTE TO THE GROWTH OF
THE MARKET 77
TABLE 23 OTHER ALMOND INGREDIENTS MARKET SIZE, BY REGION, 2018–2025 (KT) 78
TABLE 24 OTHER ALMOND INGREDIENTS MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 78
9 ALMOND INGREDIENTS MARKET, BY APPLICATION 79
9.1 INTRODUCTION 80
FIGURE 21 ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2020 VS. 2025 (USD MILLION) 80
TABLE 25 ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION, 2018–2025 (KT) 81
TABLE 26 MILK SUBSTITUTES AND ICE CREAM MARKET SIZE, 2018–2025 (KT) 81
TABLE 27 ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 81
TABLE 28 MILK SUBSTITUTES AND ICE CREAM MARKET SIZE,
2018–2025 (USD MILLION) 82
9.2 COVID-19 IMPACT ANALYSIS 82
TABLE 29 ALMOND INGREDIENTS COVID-19 IMPACT, OPTIMISTIC SCENARIO,
BY APPLICATION, 2018–2021 (USD MILLION) 82
TABLE 30 ALMOND INGREDIENTS COVID-19 IMPACT, REALISTIC SCENARIO,
BY APPLICATION, 2018–2021 (USD MILLION) 83
TABLE 31 ALMOND INGREDIENTS COVID-19 IMPACT, PESSIMISTIC SCENARIO,
BY APPLICATION, 2018–2021 (USD MILLION) 83
_
9.3 SNACKS 84
9.3.1 RISING DEMAND FOR HEALTH-BASED SNACKS CREATING GROWTH OPPORTUNITIES 84
TABLE 32 SNACKS MARKET SIZE, BY REGION, 2018–2025 (KT) 84
TABLE 33 SNACKS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION) 84
9.4 BARS 85
9.4.1 INCREASING PRODUCT LAUNCHES OF ALMOND BARS ARE CREATING GROWTH OPPORTUNITIES 85
TABLE 34 BARS MARKET SIZE, BY REGION, 2018–2025 (KT) 85
TABLE 35 BARS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION) 85
9.5 BAKERY 86
9.5.1 INCREASED USAGE OF ALMOND FLAVOR IN CONFECTIONERY AND
BAKED FOODS TO DRIVE THE MARKET 86
TABLE 36 BAKERY MARKET SIZE, BY REGION, 2018–2025 (KT) 86
TABLE 37 BAKERY MARKET SIZE, BY REGION, 2018–2025 (USD MILLION) 86
9.6 CONFECTIONERY 87
9.6.1 INCREASING DEMAND FOR CHOCOLATE CONFECTIONS WITH ALMOND INCLUSIONS DRIVES THE MARKET 87
TABLE 38 CONFECTIONERY MARKET SIZE, BY REGION, 2018–2025 (KT) 87
TABLE 39 CONFECTIONERY MARKET SIZE, BY REGION, 2018–2025 (USD MILLION) 87
9.7 MILK SUBSTITUTES & ICE CREAMS 88
9.7.1 MILK SUBSTITUTES 88
9.7.1.1 Growing demand for dairy alternatives driving the milk substitutes market 88
9.7.2 ICE CREAMS 88
9.7.2.1 Premium range of almond-based low-fat ice creams driving the market 88
TABLE 40 MILK SUBSTITUTES & ICE CREAMS MARKET SIZE, BY REGION,
2018–2025 (KT) 89
TABLE 41 MILK SUBSTITUTES & ICE CREAMS MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 89
9.8 NUT & SEED BUTTERS 89
9.8.1 RISING NUMBER OF PRODUCT INNOVATIONS TO DRIVE THE MARKET 89
TABLE 42 NUT & SEED BUTTERS MARKET SIZE, BY REGION, 2018–2025 (KT) 90
TABLE 43 NUT & SEED BUTTERS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION) 90
9.9 RTE CEREALS 91
9.9.1 INCREASING TREND FOR HEALTHY BREAKFAST CEREALS AND MUESLI TO CREATE GROWTH OPPORTUNITIES FOR THE MARKET 91
TABLE 44 RTE CEREALS MARKET SIZE, BY REGION, 2018–2025 (KT) 91
TABLE 45 RTE CEREALS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION) 91
9.10 OTHER APPLICATIONS 92
9.10.1 ALMOND OIL AND ARTISAN FOODS AT A TRENDING STAGE 92
TABLE 46 OTHER APPLICATIONS MARKET SIZE, BY REGION, 2018–2025 (KT) 92
TABLE 47 OTHER APPLICATIONS MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 93

10 ALMOND INGREDIENTS MARKET, BY BRAND 94
10.1 INTRODUCTION 94
10.2 LA MORELLA NUTS 94
10.3 MARIANI NUT COMPANY 94
10.4 TERRASOUL SUPERFOODS 94
10.5 BLUE DIAMOND GROWERS 95
10.6 WONDERFUL PISTACHIOS & ALMONDS LLC 95
10.7 SUNBEST NATURAL 95
10.8 OLAM INTERNATIONAL 95
10.9 SQUIRREL BRAND 96
10.10 BORGES AGRICULTURAL & INDUSTRIAL NUTS 96
10.11 WE GOT NUTS 96

11 ALMOND INGREDIENTS MARKET, BY REGION 97
11.1 INTRODUCTION 98
FIGURE 22 REGIONAL SNAPSHOT: CHINA LEADS THE GLOBAL ALMOND INGREDIENTS MARKET, IN TERMS OF VALUE, RECORDING THE HIGHEST CAGR FROM
2020 TO 2025 99
TABLE 48 ALMOND INGREDIENTS MARKET SIZE, BY REGION, 2018–2025 (KT) 99
TABLE 49 ALMOND INGREDIENTS MARKET SIZE, BY REGION,
2018–2025 (USD MILLION) 100
11.2 COVID-19 IMPACT ANALYSIS 100
TABLE 50 ALMOND INGREDIENTS COVID-19 IMPACT, OPTIMISTIC SCENARIO,
BY REGION, 2018–2021 (USD MILLION) 100
TABLE 51 ALMOND INGREDIENTS COVID-19 IMPACT, REALISTIC SCENARIO,
BY REGION, 2018–2021 (USD MILLION) 100
TABLE 52 ALMOND INGREDIENTS COVID-19 IMPACT, PESSIMISTIC SCENARIO,
BY REGION, 2018–2021 (USD MILLION) 101
11.3 NORTH AMERICA 101
TABLE 53 NORTH AMERICA: ALMOND INGREDIENTS MARKET SIZE, BY COUNTRY, 2018–2025 (KT) 102
TABLE 54 NORTH AMERICA: ALMOND INGREDIENTS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION) 102
TABLE 55 NORTH AMERICA: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION, 2018–2025 (KT) 102
TABLE 56 NORTH AMERICA: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION) 103
TABLE 57 NORTH AMERICA: ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2018–2025 (KT) 103
TABLE 58 NORTH AMERICA: WHOLE ALMONDS MARKET SIZE, BY TYPE,
2018–2025 (KT) 103
TABLE 59 NORTH AMERICA: ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 104
TABLE 60 NORTH AMERICA: WHOLE ALMONDS MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 104
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11.3.1 US 104
11.3.1.1 Increase in demand for healthy snacking products to drive the growth of the market in the US 104
TABLE 61 US: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION, 2018–2025 (KT) 105
TABLE 62 US: ALMOND INGREDIENTS MARKET SIZE, BY TYPE, 2017–2025 (KT) 105
TABLE 63 US: ALMOND INGREDIENTS MARKET SIZE, BY TYPE, 2018–2025 (KT) 106
TABLE 64 US: ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 106
11.3.2 CANADA 106
11.3.2.1 Canadian food safety regulations to encourage the consumption of natural and health-promoting ingredients 106
TABLE 65 CANADA: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 107
TABLE 66 CANADA: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 108
TABLE 67 CANADA: ALMOND INGREDIENTS MARKET SIZE, BY TYPE, 2018–2025 (KT) 108
TABLE 68 CANADA: ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 109
11.3.3 MEXICO 109
11.3.3.1 NAFTA modernization to provide profitable trade opportunities for manufacturers in the US and Mexico 109
TABLE 69 MEXICO: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 110
TABLE 70 MEXICO: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 110
TABLE 71 MEXICO: ALMOND INGREDIENTS MARKET SIZE, BY TYPE, 2018–2025 (KT) 111
TABLE 72 MEXICO: ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 111
11.4 EUROPE 111
FIGURE 23 EUROPE: ALMOND INGREDIENTS MARKET 112
TABLE 73 EUROPE: ALMOND INGREDIENTS MARKET SIZE, BY COUNTRY,
2018–2025 (KT) 113
TABLE 74 EUROPE: ALMOND INGREDIENTS MARKET SIZE, BY COUNTRY,
2018–2025 (USD MILLION) 113
TABLE 75 EUROPE: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 114
TABLE 76 EUROPE: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 114
TABLE 77 EUROPE: ALMOND INGREDIENTS MARKET SIZE, BY TYPE, 2018–2025 (KT) 115
TABLE 78 EUROPE: WHOLE ALMOND MARKET SIZE, BY TYPE, 2018–2025 (KT) 115
TABLE 79 EUROPE: ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 115
TABLE 80 EUROPE: WHOLE ALMOND MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 116
_
11.4.1 GERMANY 116
11.4.1.1 Demand for gluten-free, vegan, and natural foods to create growth opportunities for manufacturers in the market 116
TABLE 81 GERMANY: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 117
TABLE 82 GERMANY: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 117
TABLE 83 GERMANY: ALMOND INGREDIENTS MARKET SIZE, BY TYPE, 2018–2025 (KT) 118
TABLE 84 GERMANY: ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 118
11.4.2 SPAIN 118
11.4.2.1 Largest importer and consumer of almond ingredients 118
TABLE 85 SPAIN: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 119
TABLE 86 SPAIN: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 119
TABLE 87 SPAIN: ALMOND INGREDIENTS MARKET SIZE, BY TYPE, 2018–2025 (KT) 120
TABLE 88 SPAIN: ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 120
11.4.3 FRANCE 120
11.4.3.1 Investor-friendly policies and free-trade agreements to drive the market growth 120
TABLE 89 FRANCE: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 121
TABLE 90 FRANCE: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 121
TABLE 91 FRANCE: ALMOND INGREDIENTS MARKET SIZE, BY TYPE, 2018–2025 (KT) 122
TABLE 92 FRANCE: ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 122
11.4.4 ITALY 122
11.4.4.1 Increase in demand for proteins and multivitamin-rich food ingredients to drive the market growth 122
TABLE 93 ITALY: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 123
TABLE 94 ITALY: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 123
TABLE 95 ITALY: ALMOND INGREDIENTS MARKET SIZE, BY TYPE, 2018–2025 (KT) 124
TABLE 96 ITALY: ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 124
11.4.5 UK 124
11.4.5.1 Largest per capita retail snacking market to drive the demand for almond ingredients 124
TABLE 97 UK: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION, 2018–2025 (KT) 125
TABLE 98 UK: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 125
TABLE 99 UK: ALMOND INGREDIENTS MARKET SIZE, BY TYPE, 2018–2025 (KT) 126
TABLE 100 UK: ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 126
11.4.6 RUSSIA 126
11.4.6.1 Large consumer base and evolving food processing sector to create growth opportunities for manufacturers 126
TABLE 101 RUSSIA: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 127
TABLE 102 RUSSIA: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 127
TABLE 103 RUSSIA: ALMOND INGREDIENTS MARKET SIZE, BY TYPE, 2018–2025 (KT) 128
TABLE 104 RUSSIA: ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 128
11.4.7 REST OF EUROPE 128
11.4.7.1 Rise in health concerns and an increase in vegan population to drive the growth of the market 128
TABLE 105 REST OF EUROPE: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION, 2018–2025 (KT) 129
TABLE 106 REST OF EUROPE: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION) 129
TABLE 107 REST OF EUROPE: ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2018–2025 (KT) 130
TABLE 108 REST OF EUROPE: ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 130
11.5 ASIA PACIFIC 130
FIGURE 24 ASIA PACIFIC: ALMOND INGREDIENTS MARKET 131
TABLE 109 ASIA PACIFIC: ALMOND INGREDIENTS MARKET SIZE, BY COUNTRY,
2018–2025 (KT) 132
TABLE 110 ASIA PACIFIC: ALMOND INGREDIENTS MARKET SIZE, BY COUNTRY,
2018–2025 (USD MILLION) 132
TABLE 111 ASIA PACIFIC: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION, 2018–2025 (KT) 133
TABLE 112 ASIA PACIFIC: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION) 133
TABLE 113 ASIA PACIFIC: ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2018–2025 (KT) 134
TABLE 114 ASIA PACIFIC: WHOLE ALMOND MARKET SIZE, BY TYPE, 2018–2025 (KT) 134
TABLE 115 ASIA PACIFIC: ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 134
TABLE 116 ASIA PACIFIC: WHOLE ALMOND MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 135
11.5.1 CHINA 135
11.5.1.1 Increase in the number of new product launches to create growth opportunities for manufacturers in the market 135
TABLE 117 CHINA: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 136
TABLE 118 CHINA: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 136
TABLE 119 CHINA: ALMOND INGREDIENTS MARKET SIZE, BY TYPE, 2018–2025 (KT) 137
TABLE 120 CHINA: ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 137
11.5.2 INDIA 137
11.5.2.1 Increase in the use of almonds in artisan food products and cuisines prepared during festivals to drive the market 137
TABLE 121 INDIA: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 138
TABLE 122 INDIA: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 139
TABLE 123 INDIA: ALMOND INGREDIENTS MARKET SIZE, BY TYPE, 2018–2025 (KT) 139
TABLE 124 INDIA: ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 140
11.5.3 JAPAN 140
11.5.3.1 Increase in consumption of nut-based food products to drive the market growth 140
TABLE 125 JAPAN: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 141
TABLE 126 JAPAN: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 141
TABLE 127 JAPAN: ALMOND INGREDIENTS MARKET SIZE, BY TYPE, 2018–2025 (KT) 142
TABLE 128 JAPAN: ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 142
11.5.4 AUSTRALIA 142
11.5.4.1 Growth of the bakery & confectionery industry to drive the demand for almond ingredients 142
TABLE 129 AUSTRALIA: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 143
TABLE 130 AUSTRALIA: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 143
TABLE 131 AUSTRALIA: ALMOND INGREDIENTS MARKET SIZE, BY TYPE, 2018–2025 (KT) 144
TABLE 132 AUSTRALIA: ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 144
11.5.5 NEW ZEALAND 144
11.5.5.1 Increase in popularity of innovative almond products among consumers to drive the growth of the market 144
TABLE 133 NEW ZEALAND: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION, 2018–2025 (KT) 145
TABLE 134 NEW ZEALAND: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION) 145
TABLE 135 NEW ZEALAND: ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2018–2025 (KT) 146
TABLE 136 NEW ZEALAND: ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 146
11.5.6 REST OF ASIA PACIFIC 146
11.5.6.1 Free-trade policies to drive the growth of the market 146
TABLE 137 REST OF ASIA PACIFIC: ALMOND INGREDIENTS MARKET SIZE,
BY APPLICATION, 2018–2025 (KT) 147
TABLE 138 REST OF ASIA PACIFIC: ALMOND INGREDIENTS MARKET SIZE,
BY APPLICATION, 2018–2025 (USD MILLION) 147
TABLE 139 REST OF ASIA PACIFIC: ALMOND INGREDIENTS MARKET SIZE, BY TYPE, 2018–2025 (KT) 148
TABLE 140 REST OF ASIA PACIFIC: ALMOND INGREDIENTS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION) 148
11.6 LATIN AMERICA 148
TABLE 141 LATIN AMERICA: ALMOND INGREDIENTS MARKET SIZE, BY COUNTRY,
2018–2025 (KT) 149
TABLE 142 LATIN AMERICA: ALMOND INGREDIENTS MARKET SIZE, BY COUNTRY,
2018–2025 (USD MILLION) 149
TABLE 143 LATIN AMERICA: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION, 2018–2025 (KT) 149
TABLE 144 LATIN AMERICA: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION) 150
TABLE 145 LATIN AMERICA: ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2018–2025 (KT) 150
TABLE 146 LATIN AMERICA: WHOLE ALMOND MARKET SIZE, BY TYPE, 2018–2025 (KT) 150
TABLE 147 LATIN AMERICA: ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 151
TABLE 148 LATIN AMERICA: WHOLE ALMOND MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 151
11.6.1 BRAZIL 151
11.6.1.1 Increase in the number of health-conscious consumers to create growth opportunities for the market 151
TABLE 149 BRAZIL: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 152
TABLE 150 BRAZIL: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 152
TABLE 151 BRAZIL: ALMOND INGREDIENTS MARKET SIZE, BY TYPE, 2018–2025 (KT) 153
TABLE 152 BRAZIL: ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 153
11.6.2 ARGENTINA 153
11.6.2.1 Increase in the expenditure on healthcare services and products is projected to drive the market growth 153
FIGURE 25 ARGENTINEAN HEALTH EXPENDITURE (% OF GDP), 2012-2017 154
TABLE 153 ARGENTINA: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 154
TABLE 154 ARGENTINA: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 155
TABLE 155 ARGENTINA: ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2018–2025 (KT) 155
TABLE 156 ARGENTINA: ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 156
11.6.3 REST OF LATIN AMERICA 156
11.6.3.1 Increase in the trend of maintaining health and wellness levels is projected to drive the market growth 156
TABLE 157 REST OF LATIN AMERICA: ALMOND INGREDIENTS MARKET SIZE,
BY APPLICATION, 2018–2025 (KT) 157
TABLE 158 REST OF LATIN AMERICA: ALMOND INGREDIENTS MARKET SIZE,
BY APPLICATION, 2018–2025 (USD MILLION) 157
TABLE 159 REST OF LATIN AMERICA: ALMOND INGREDIENTS MARKET SIZE, BY TYPE, 2018–2025 (KT) 158
TABLE 160 REST OF LATIN AMERICA: ALMOND INGREDIENTS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION) 158
11.7 REST OF THE WORLD 158
TABLE 161 REST OF THE WORLD: ALMOND INGREDIENTS MARKET SIZE, BY COUNTRY, 2018–2025 (KT) 159
TABLE 162 REST OF THE WORLD: ALMOND INGREDIENTS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION) 159
TABLE 163 REST OF THE WORLD: ALMOND INGREDIENTS MARKET SIZE,
BY APPLICATION, 2018–2025 (KT) 159
TABLE 164 REST OF THE WORLD: ALMOND INGREDIENTS MARKET SIZE,
BY APPLICATION, 2018–2025 (USD MILLION) 160
TABLE 165 REST OF THE WORLD: ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2018–2025 (KT) 160
TABLE 166 REST OF THE WORLD: WHOLE ALMOND MARKET SIZE, BY TYPE,
2018–2025 (KT) 160
TABLE 167 REST OF THE WORLD: ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 161
TABLE 168 REST OF THE WORLD: WHOLE ALMOND MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 161
11.7.1 AFRICA 161
11.7.1.1 Increase in focus of key players to cater to the consumer demands is a key factor driving the growth of the market in Africa 161
TABLE 169 AFRICA: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2018–2025 (KT) 162
TABLE 170 AFRICA: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION,
2018–2025 (USD MILLION) 162
TABLE 171 AFRICA: ALMOND INGREDIENTS MARKET SIZE, BY TYPE, 2018–2025 (KT) 163
TABLE 172 AFRICA: ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 163
11.7.2 MIDDLE EAST 163
11.7.2.1 High consumption of Persian food products to drive the demand for almond ingredients in the region 163
TABLE 173 MIDDLE EAST: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION, 2018–2025 (KT) 164
TABLE 174 MIDDLE EAST: ALMOND INGREDIENTS MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION) 164
TABLE 175 MIDDLE EAST: ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2018–2025 (KT) 165
TABLE 176 MIDDLE EAST: ALMOND INGREDIENTS MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION) 165
_

12 COMPETITIVE LANDSCAPE 166
12.1 OVERVIEW 166
FIGURE 26 KEY DEVELOPMENTS OF THE LEADING PLAYERS IN THE ALMOND INGREDIENTS MARKET, 2017-2020 167
12.2 COMPETITIVE SCENARIO 168
12.2.1 NEW PRODUCT LAUNCHES 168
TABLE 177 NEW PRODUCT LAUNCHES 168
12.2.2 EXPANSIONS & INVESTMENTS 169
TABLE 178 EXPANSIONS & INVESTMENTS 169
12.2.3 JOINT VENTURES, INVESTMENTS, AND PARTNERSHIPS 169
TABLE 179 JOINT VENTURES, INVESTMENTS, AND PARTNERSHIPS 169
12.2.4 MERGERS AND ACQUISITIONS 170
TABLE 180 MERGERS AND ACQUISITIONS 170
12.3 STRENGTH OF PRODUCT PORTFOLIO 171
FIGURE 27 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN ALMOND INGREDIENTS MARKET 171
12.4 BUSINESS STRATEGY EXCELLENCE 172
FIGURE 28 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN ALMOND INGREDIENTS MARKET 172
12.5 MARKET SHARE OF MAJOR PLAYERS 173
12.6 COVID-19 IMPACT ANALYSIS, BY KEY PLAYER 174
12.6.1 ADM 174
12.6.2 OLAM INTERNATIONAL 174

13 COMPANY EVALUATION MATRIX AND COMPANY PROFILES 175
13.1 COMPETITIVE LEADERSHIP MAPPING- ESTABLISHED PLAYER MICROQUADRANTS 175
13.1.1 STARS 175
13.1.2 E