The growing consumer desire for wholesome bakery goods and the creative product offers of renowned dried fruit flour producers are the key drivers of the worldwide almond flour market. In both the home and the food processing sector, almond flour is one of the most often used food ingredients.
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Due to rising consumer demand for “better-for-you” options and the rise in popularity of the paleo, gluten-free, and keto diets, the demand for dried fruit flours like almond flour has seen an exponential increase recently. According to research, the demand for foods containing almond flour is expected to rise significantly over the coming years, particularly in the developed markets of the U.S. and Europe.
Due to ongoing market trends, major firms in the flour milling business place a strong emphasis on providing healthier food options. To ensure that they produce consistently high-quality almond flour products and minimise manual errors, they are investing a significant amount of money in technical advancements in milling processes.
Key players are concentrating on using precise automation and technology, including cutting-edge robotics, unmanned vehicles, and drones for efficient material, to meet the rising consumer demand for almond flour. By doing this, material losses brought on by careless handling and human error are reduced. This has aided important producers of almond flour in increasing their output rates.
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Competitive Dashboard
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- In November 2020, Almondco Australia Ltd. announced the expansion of its processing unit. This expansion was initiated in response to increasing global demand for organic almonds and almond products.
- In October 2019, Olam International completed the acquisition of Hughson Nut Inc., an almond processing company based in California, U.S. This acquisition was completed for a sum of US$ 54 Mn. Hughson Nut Inc. is one of the major companies operating in the almond processing industry and offers products such as sliced and diced almonds and almond flour.
- In 2017, Now Health Group, Inc. opened a new distribution facility to support long-term growth and expansion. This facility is located in Illinois and is equipped with a state-of-the-art pick-to-voice order fulfilment system.
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Almond Flour Industry Research by Category
Almond Flour Market by Nature:
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- Organic Almond Flour
- Conventional Almond Flour
Almond Flour Market by Form:
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- Blanched Almond Flour
- Natural Almond Flour
Almond Flour Market by End Use:
Food and Beverages
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- Bakery and Confectionery
- Dressings and Condiments
- Sauces and Spreads
- Ready Meals
- Others
- Cosmetics and Personal Care
- Foodservice Industry
- Retail/Household
Almond Flour Market by Distribution Channel:
Business to Business
Business to Consumer
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- Hypermarkets/Supermarkets
- Specialty Stores
- Online Retail
- Other Retail Sectors
Almond Flour Market by Region:
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- North America Almond Flour Market
- Latin America Almond Flour Market
- Europe Almond Flour Market
- South Asia Almond Flour Market
- East Asia Almond Flour Market
- Oceania Almond Flour Market
- Middle East and Africa Almond Flour Market
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