Almond Protein Market

Jun 2022| FMI1822A| Future Markets Insights

Report Highlights

Market Outlook for Almond Protein Market:

Almond protein is the protein content extracted from almonds and is commercially available in the powder form. It is produced by using a pressurization method that removes over half the fat while precipitating out the protein. The use of almond protein is ideal in milkshakes and smoothies, which gives these beverages a protein boost and a flavor variation. Apart from beverages, other common applications of almond protein are in bakery and confectionery. The bakery segment has already witnessed a rise in demand for the gluten-free and vegan category and is one of the fastest growing segments in the health and wellness products category. Almond protein happens to be the exclusive overlap of both these elements- vegan and nutrition, resulting in an exponential growth of the almond protein market.

Almond Protein Replacement for Meat Expected to Drive the Almond Protein Market Growth

As both vegan and the paleo diet is on the rise, there is a certain class of consumers which want to follow both these healthy diets that are ensuring consumption of protein-rich yet vegetarian food. Hence, almond protein as a meat replacer in the paleo diet is gaining popularity. In the plant-based snacks segment, almond protein occupies a much larger retail shelf space and is one of the commonly available product. Almond flour, a distant cousin of almond protein, is also the second most sought-after ingredient in the gluten-free space after rice-flour. Some consumers are going extreme in their health regimes and cutting out grains completely from their diets, and in the grain-free backdrop, almond protein powder is winning even against strong contenders such as whole grain food. Currently, the demand from gluten-intolerant and celiac demo graph are providing stability to the almond protein market. Consequently, consents from the medical community have also partaken in authenticating the nutrition benefits of almond protein, which has encouraged the consumers for buying almond protein. While consumers in developed regions such as North America, Europe, and Japan are increasingly checking product labels, ingredients incorporated in the products have been playing a major role in influencing consumer buying strategies. Hence, almond protein purchase intent also includes the familiarity of consumers with almonds. The growth of the almond protein market is also guided by the supplier and manufacturers in this market. Some of their developments include diversification of almond ingredients product portfolio and educational marketing. Moreover, almond protein also acts as a suitable ingredient in the down streaming of the processed products as its neutral flavor evades the addition of masking agents.

On the other hand, other plant-based ingredients such as nuts and legumes are having a competitive impact on the growth of the almond protein market. These ingredients are offered at competitive prices and are also slowing down the popularity of almond proteins. Also, the excessive water usage in almond farming have cast doubts over the ethical sourcing of almond proteins and may hinder the growth of the almond protein market.

Global Almond Protein Market: Segmentation:

On the basis of nature, the almond protein market is segmented into-

  • Organic
  • Conventional

On the basis of end use, the almond protein market is segmented into-

  • Households
  • Foodservice
  • Industrial
  • Food & Beverages
  • Bakery
  • Confectionery
  • Nutrition Bars
  • Sauces & Spreads
  • Ready Meals
  • Smoothies & shakes
  • Others
  • Cosmetic Industry
  • Dietary Supplements

On the basis of sales channel, the almond protein market is segmented into-

  • Direct/B2B
  • Indirect/B2B
  • Modern Trade
  • Convenience Stores
  • Specialty Stores
  • Online Retailers
  • Others

Global Almond Protein Market: Key Participants

Examples of some of the market participants in the global almond protein market identified across the value chain include include InovoBiologic Inc., Marigot Ltd., Celtic Sea Minerals, Maxicrop USA, Inc., Alesco S.r.l., Humates And Seaweeds Pvt Ltd, BioFlora, LLC, Sar Agrochemicals & Fertilizers Pvt. Ltd and HMHS Solutions Limited amongst others.

Global Almond Protein Market: Key Developments

In July 2018, the company Blue Diamond Growers Inc., which is a manufacturer of almonds and almond ingredients, launched its almond protein powder which is applicable in a number of products such as beverages and nutrition bars.

Opportunities for Almond Protein Market Participants:

As issues regarding sustainable sourcing of almond protein are surfacing in the backdrop of consumer sensitivity towards sustainably sourced and environmentally friendly products, manufacturers can focus on maintaining transparency in the supply chain in the almond protein market. Thus marketing the value of an environment-friendly tag of almond protein coupled with their current efforts towards educational marketing will ensure a smooth growth in the almond protein market.

Report Synopsis

Report Metrics Details
Base year considered 2022
Forecast period considered 2022-2032
Units considered $ Million
Segments covered By Application, By Distributional Channel, By Region
Industry covered Food and Beverage
Countries covered North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East and Africa
Companies studied
  • Blue Diamond Ingredients
  • InovoBiologic Inc.
  • Almond Pro Foods
  • Noosh Brands
  • Sabinsa Corporation
  • BASF

The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges in the Almond Protein Market
  • Competition & Companies involved
  • Technology Used In the Extraction and Refining Of Almond Protein Market
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from Almond Protein industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments of the Almond Protein. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the Almond Protein industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments in the Almond Protein market
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for Almond Protein market players to sustain and enhance their market footprint

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Future Market Insights.

  • Table 1 : Global Market Value (US$ Mn) Forecast by Region, 2017-2032
  • Table 2 : Global Market Volume (Tons) Forecast by Region, 2017-2032
  • Table 3 : Global Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 4 : Global Market Volume (Tons) Forecast by Application, 2017-2032
  • Table 5 : Global Market Value (US$ Mn) Forecast by Distribution Channel, 2017-2032
  • Table 6 : Global Market Volume (Tons) Forecast by Distribution Channel, 2017-2032
  • Table 7 : North America Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 8 : North America Market Volume (Tons) Forecast by Country, 2017-2032
  • Table 9 : North America Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 10 : North America Market Volume (Tons) Forecast by Application, 2017-2032
  • Table 11 : North America Market Value (US$ Mn) Forecast by Distribution Channel, 2017-2032
  • Table 12 : North America Market Volume (Tons) Forecast by Distribution Channel, 2017-2032
  • Table 13 : Latin America Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 14 : Latin America Market Volume (Tons) Forecast by Country, 2017-2032
  • Table 15 : Latin America Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 16 : Latin America Market Volume (Tons) Forecast by Application, 2017-2032
  • Table 17 : Latin America Market Value (US$ Mn) Forecast by Distribution Channel, 2017-2032
  • Table 18 : Latin America Market Volume (Tons) Forecast by Distribution Channel, 2017-2032
  • Table 19 : Europe Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 20 : Europe Market Volume (Tons) Forecast by Country, 2017-2032
  • Table 21 : Europe Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 22 : Europe Market Volume (Tons) Forecast by Application, 2017-2032
  • Table 23 : Europe Market Value (US$ Mn) Forecast by Distribution Channel, 2017-2032
  • Table 24 : Europe Market Volume (Tons) Forecast by Distribution Channel, 2017-2032
  • Table 25 : East Asia Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 26 : East Asia Market Volume (Tons) Forecast by Country, 2017-2032
  • Table 27 : East Asia Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 28 : East Asia Market Volume (Tons) Forecast by Application, 2017-2032
  • Table 29 : East Asia Market Value (US$ Mn) Forecast by Distribution Channel, 2017-2032
  • Table 30 : East Asia Market Volume (Tons) Forecast by Distribution Channel, 2017-2032
  • Table 31 : South Asia & Pacific Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 32 : South Asia & Pacific Market Volume (Tons) Forecast by Country, 2017-2032
  • Table 33 : South Asia & Pacific Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 34 : South Asia & Pacific Market Volume (Tons) Forecast by Application, 2017-2032
  • Table 35 : South Asia & Pacific Market Value (US$ Mn) Forecast by Distribution Channel, 2017-2032
  • Table 36 : South Asia & Pacific Market Volume (Tons) Forecast by Distribution Channel, 2017-2032
  • Table 37 : MEA Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 38 : MEA Market Volume (Tons) Forecast by Country, 2017-2032
  • Table 39 : MEA Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 40 : MEA Market Volume (Tons) Forecast by Application, 2017-2032
  • Table 41 : MEA Market Value (US$ Mn) Forecast by Distribution Channel, 2017-2032
  • Table 42 : MEA Market Volume (Tons) Forecast by Distribution Channel, 2017-2032
  • Figure 1 : Global Market Value (US$ Mn) by Application, 2022-2032
  • Figure 2 : Global Market Value (US$ Mn) by Distribution Channel, 2022-2032
  • Figure 3 : Global Market Value (US$ Mn) by Region, 2022-2032
  • Figure 4 : Global Market Value (US$ Mn) Analysis by Region, 2017-2032
  • Figure 5 : Global Market Volume (Tons) Analysis by Region, 2017-2032
  • Figure 6 : Global Market Value Share (%) and BPS Analysis by Region, 2022-2032
  • Figure 7 : Global Market Y-o-Y Growth (%) Projections by Region, 2022-2032
  • Figure 8 : Global Market Value (US$ Mn) Analysis by Application, 2017-2032
  • Figure 9 : Global Market Volume (Tons) Analysis by Application, 2017-2032
  • Figure 10 : Global Market Value Share (%) and BPS Analysis by Application, 2022-2032
  • Figure 11 : Global Market Y-o-Y Growth (%) Projections by Application, 2022-2032
  • Figure 12 : Global Market Value (US$ Mn) Analysis by Distribution Channel, 2017-2032
  • Figure 13 : Global Market Volume (Tons) Analysis by Distribution Channel, 2017-2032
  • Figure 14 : Global Market Value Share (%) and BPS Analysis by Distribution Channel, 2022-2032
  • Figure 15 : Global Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022-2032
  • Figure 16 : Global Market Attractiveness by Application, 2022-2032
  • Figure 17 : Global Market Attractiveness by Distribution Channel, 2022-2032
  • Figure 18 : Global Market Attractiveness by Region, 2022-2032
  • Figure 19 : North America Market Value (US$ Mn) by Application, 2022-2032
  • Figure 20 : North America Market Value (US$ Mn) by Distribution Channel, 2022-2032
  • Figure 21 : North America Market Value (US$ Mn) by Country, 2022-2032
  • Figure 22 : North America Market Value (US$ Mn) Analysis by Country, 2017-2032
  • Figure 23 : North America Market Volume (Tons) Analysis by Country, 2017-2032
  • Figure 24 : North America Market Value Share (%) and BPS Analysis by Country, 2022-2032
  • Figure 25 : North America Market Y-o-Y Growth (%) Projections by Country, 2022-2032
  • Figure 26 : North America Market Value (US$ Mn) Analysis by Application, 2017-2032
  • Figure 27 : North America Market Volume (Tons) Analysis by Application, 2017-2032
  • Figure 28 : North America Market Value Share (%) and BPS Analysis by Application, 2022-2032
  • Figure 29 : North America Market Y-o-Y Growth (%) Projections by Application, 2022-2032
  • Figure 30 : North America Market Value (US$ Mn) Analysis by Distribution Channel, 2017-2032
  • Figure 31 : North America Market Volume (Tons) Analysis by Distribution Channel, 2017-2032
  • Figure 32 : North America Market Value Share (%) and BPS Analysis by Distribution Channel, 2022-2032
  • Figure 33 : North America Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022-2032
  • Figure 34 : North America Market Attractiveness by Application, 2022-2032
  • Figure 35 : North America Market Attractiveness by Distribution Channel, 2022-2032
  • Figure 36 : North America Market Attractiveness by Country, 2022-2032
  • Figure 37 : Latin America Market Value (US$ Mn) by Application, 2022-2032
  • Figure 38 : Latin America Market Value (US$ Mn) by Distribution Channel, 2022-2032
  • Figure 39 : Latin America Market Value (US$ Mn) by Country, 2022-2032
  • Figure 40 : Latin America Market Value (US$ Mn) Analysis by Country, 2017-2032
  • Figure 41 : Latin America Market Volume (Tons) Analysis by Country, 2017-2032
  • Figure 42 : Latin America Market Value Share (%) and BPS Analysis by Country, 2022-2032
  • Figure 43 : Latin America Market Y-o-Y Growth (%) Projections by Country, 2022-2032
  • Figure 44 : Latin America Market Value (US$ Mn) Analysis by Application, 2017-2032
  • Figure 45 : Latin America Market Volume (Tons) Analysis by Application, 2017-2032
  • Figure 46 : Latin America Market Value Share (%) and BPS Analysis by Application, 2022-2032
  • Figure 47 : Latin America Market Y-o-Y Growth (%) Projections by Application, 2022-2032
  • Figure 48 : Latin America Market Value (US$ Mn) Analysis by Distribution Channel, 2017-2032
  • Figure 49 : Latin America Market Volume (Tons) Analysis by Distribution Channel, 2017-2032
  • Figure 50 : Latin America Market Value Share (%) and BPS Analysis by Distribution Channel, 2022-2032
  • Figure 51 : Latin America Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022-2032
  • Figure 52 : Latin America Market Attractiveness by Application, 2022-2032
  • Figure 53 : Latin America Market Attractiveness by Distribution Channel, 2022-2032
  • Figure 54 : Latin America Market Attractiveness by Country, 2022-2032
  • Figure 55 : Europe Market Value (US$ Mn) by Application, 2022-2032
  • Figure 56 : Europe Market Value (US$ Mn) by Distribution Channel, 2022-2032
  • Figure 57 : Europe Market Value (US$ Mn) by Country, 2022-2032
  • Figure 58 : Europe Market Value (US$ Mn) Analysis by Country, 2017-2032
  • Figure 59 : Europe Market Volume (Tons) Analysis by Country, 2017-2032
  • Figure 60 : Europe Market Value Share (%) and BPS Analysis by Country, 2022-2032
  • Figure 61 : Europe Market Y-o-Y Growth (%) Projections by Country, 2022-2032
  • Figure 62 : Europe Market Value (US$ Mn) Analysis by Application, 2017-2032
  • Figure 63 : Europe Market Volume (Tons) Analysis by Application, 2017-2032
  • Figure 64 : Europe Market Value Share (%) and BPS Analysis by Application, 2022-2032
  • Figure 65 : Europe Market Y-o-Y Growth (%) Projections by Application, 2022-2032
  • Figure 66 : Europe Market Value (US$ Mn) Analysis by Distribution Channel, 2017-2032
  • Figure 67 : Europe Market Volume (Tons) Analysis by Distribution Channel, 2017-2032
  • Figure 68 : Europe Market Value Share (%) and BPS Analysis by Distribution Channel, 2022-2032
  • Figure 69 : Europe Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022-2032
  • Figure 70 : Europe Market Attractiveness by Application, 2022-2032
  • Figure 71 : Europe Market Attractiveness by Distribution Channel, 2022-2032
  • Figure 72 : Europe Market Attractiveness by Country, 2022-2032
  • Figure 73 : East Asia Market Value (US$ Mn) by Application, 2022-2032
  • Figure 74 : East Asia Market Value (US$ Mn) by Distribution Channel, 2022-2032
  • Figure 75 : East Asia Market Value (US$ Mn) by Country, 2022-2032
  • Figure 76 : East Asia Market Value (US$ Mn) Analysis by Country, 2017-2032
  • Figure 77 : East Asia Market Volume (Tons) Analysis by Country, 2017-2032
  • Figure 78 : East Asia Market Value Share (%) and BPS Analysis by Country, 2022-2032
  • Figure 79 : East Asia Market Y-o-Y Growth (%) Projections by Country, 2022-2032
  • Figure 80 : East Asia Market Value (US$ Mn) Analysis by Application, 2017-2032
  • Figure 81 : East Asia Market Volume (Tons) Analysis by Application, 2017-2032
  • Figure 82 : East Asia Market Value Share (%) and BPS Analysis by Application, 2022-2032
  • Figure 83 : East Asia Market Y-o-Y Growth (%) Projections by Application, 2022-2032
  • Figure 84 : East Asia Market Value (US$ Mn) Analysis by Distribution Channel, 2017-2032
  • Figure 85 : East Asia Market Volume (Tons) Analysis by Distribution Channel, 2017-2032
  • Figure 86 : East Asia Market Value Share (%) and BPS Analysis by Distribution Channel, 2022-2032
  • Figure 87 : East Asia Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022-2032
  • Figure 88 : East Asia Market Attractiveness by Application, 2022-2032
  • Figure 89 : East Asia Market Attractiveness by Distribution Channel, 2022-2032
  • Figure 90 : East Asia Market Attractiveness by Country, 2022-2032
  • Figure 91 : South Asia & Pacific Market Value (US$ Mn) by Application, 2022-2032
  • Figure 92 : South Asia & Pacific Market Value (US$ Mn) by Distribution Channel, 2022-2032
  • Figure 93 : South Asia & Pacific Market Value (US$ Mn) by Country, 2022-2032
  • Figure 94 : South Asia & Pacific Market Value (US$ Mn) Analysis by Country, 2017-2032
  • Figure 95 : South Asia & Pacific Market Volume (Tons) Analysis by Country, 2017-2032
  • Figure 96 : South Asia & Pacific Market Value Share (%) and BPS Analysis by Country, 2022-2032
  • Figure 97 : South Asia & Pacific Market Y-o-Y Growth (%) Projections by Country, 2022-2032
  • Figure 98 : South Asia & Pacific Market Value (US$ Mn) Analysis by Application, 2017-2032
  • Figure 99 : South Asia & Pacific Market Volume (Tons) Analysis by Application, 2017-2032
  • Figure 100 : South Asia & Pacific Market Value Share (%) and BPS Analysis by Application, 2022-2032
  • Figure 101 : South Asia & Pacific Market Y-o-Y Growth (%) Projections by Application, 2022-2032
  • Figure 102 : South Asia & Pacific Market Value (US$ Mn) Analysis by Distribution Channel, 2017-2032
  • Figure 103 : South Asia & Pacific Market Volume (Tons) Analysis by Distribution Channel, 2017-2032
  • Figure 104 : South Asia & Pacific Market Value Share (%) and BPS Analysis by Distribution Channel, 2022-2032
  • Figure 105 : South Asia & Pacific Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022-2032
  • Figure 106 : South Asia & Pacific Market Attractiveness by Application, 2022-2032
  • Figure 107 : South Asia & Pacific Market Attractiveness by Distribution Channel, 2022-2032
  • Figure 108 : South Asia & Pacific Market Attractiveness by Country, 2022-2032
  • Figure 109 : MEA Market Value (US$ Mn) by Application, 2022-2032
  • Figure 110 : MEA Market Value (US$ Mn) by Distribution Channel, 2022-2032
  • Figure 111 : MEA Market Value (US$ Mn) by Country, 2022-2032
  • Figure 112 : MEA Market Value (US$ Mn) Analysis by Country, 2017-2032
  • Figure 113 : MEA Market Volume (Tons) Analysis by Country, 2017-2032
  • Figure 114 : MEA Market Value Share (%) and BPS Analysis by Country, 2022-2032
  • Figure 115 : MEA Market Y-o-Y Growth (%) Projections by Country, 2022-2032
  • Figure 116 : MEA Market Value (US$ Mn) Analysis by Application, 2017-2032
  • Figure 117 : MEA Market Volume (Tons) Analysis by Application, 2017-2032
  • Figure 118 : MEA Market Value Share (%) and BPS Analysis by Application, 2022-2032
  • Figure 119 : MEA Market Y-o-Y Growth (%) Projections by Application, 2022-2032
  • Figure 120 : MEA Market Value (US$ Mn) Analysis by Distribution Channel, 2017-2032
  • Figure 121 : MEA Market Volume (Tons) Analysis by Distribution Channel, 2017-2032
  • Figure 122 : MEA Market Value Share (%) and BPS Analysis by Distribution Channel, 2022-2032
  • Figure 123 : MEA Market Y-o-Y Growth (%) Projections by Distribution Channel, 2022-2032
  • Figure 124 : MEA Market Attractiveness by Application, 2022-2032
  • Figure 125 : MEA Market Attractiveness by Distribution Channel, 2022-2032
  • Figure 126 : MEA Market Attractiveness by Country, 2022-2032

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