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The global almond protein market size is expected to enlarge during the forecast period, 2020-2026. Additionally, the report offers latest trends, size, share, and industry overview.
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Welcome To Dataintelo Almond Protein Market Size, Growth | Industry Trends Report, 2026
The global almond protein market size is expected to enlarge during the forecast period, 2020-2026. Global consumer trend for consumption of almonds is getting highly organic and mainly driven by necessity over luxury. In addition, the demand for nutrition enriched foods is triggering the need for almond based products and in turn driving the market growth. Almond is a widely consumed healthy food and is also a potent source of nutrition that causes mild allergies on overconsumption. Importance of protein diet driven by high awareness is creating a huge demand for plant based protein foods in the general population. Growing awareness pertaining to plant-based protein foods is expected to supplement growth factors throughout the forecast span. Food and beverage manufacturer have laid a high emphasis on organic products that comply with food safety regulations. For instance, Blue Diamond Almond Protein created a line of innovative products and functional ingredients in the start of 2019.
Market Trends, Drivers, Restraints and Opportunity: • Almond Protein market witness a huge surge in demands that is driven by increase in R&D activities and increase in demand for organic ingredients in beauty care products. Moreover, increase in use of almond protein as a supplementary nutrition is anticipated in creating a huge demand for almond products • High awareness in consumers for plant based protein source is anticipated to have a strong influence over market growth. Consumer demand for bakery products has augmented the popularity of nutrition packed foods. In addition, almond based bakery products are anticipated to propel the demand and contribute to the market development in the following years • Increase in sales of almond based products are anticipated to have a large influence over revenue generation, thus creating novel opportunities for market growth • On contrary, market challenges such as availability of counterfeit products, lack of authenticity and market standardization is anticipated to refrain the market from growing organically
Scope of the Report: • The report on global almond protein market includes an assessment of the market size, share, trends, segments, regional markets and competitive scenarios. Segment overview and dynamics have been included in the report.
Almond Protein Market Segment Share Insights: • Personal Care registers a high market growth • By application, almond protein market can be segmented as beverages, personal care and bakers and confectioneries. Personal care held a huge significance in the recent years since the segment is driven by rise in demand for cosmetics and beauty products. In addition, extensive use of almond protein for beauty care products is likely to propel the growth of segment in the following years. Bakers and confectionaries are second leading segment driven by rise in awareness for importance of almond based products and consumer preference. • Asia Pacific maintains a high dominance in the global market • By region, the almond protein market can be segmented as North America, South America, Europe, Asia Pacific, Middle-East and Africa. Asia Pacific is the leading market for almond proteins and holds a huge market in the global market. The regional markets are driven by growing inclination towards healthy lifestyle. Growing revenue share driven by import and export business is expected to boost the growth of markets in Asia Pacific. Middle-East and Africa are expected to account for a leading growth in the coming years mainly due to presence of key manufacturers and product launch.
Competitive Landscape: • Some of the key players in the almond protein market are Alesco, BASF, InovoBiologic, NOOSH, Sar Agrochemicals & Fertilizers Pvt Ltd, and Blue Diamond Ingredients. The key players are adopting innovative methods for product launch to strengthen their geographical presence. The trends and analysis for mergers & acquisitions, strategic collaboration and partnership alliances are some of the growth strategies identified. • Segments Covered in the Report: • The global almond protein market can be segmented based on application, distribution channel, and region. • By Application: • Beverages • Personal Care • Bakers and confectioneries
By Distribution Channel: • Supermarkets • Convenience Stores • E-commerce • By Region: • North America • LAMEA • Europe • Asia Pacific • Middle-East • Africa