Global Almond Powder Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Conventional almond powder and Organic almond powder.

By Application;

Bakery Products, Confectionary, Snacks, and Others.

By Distribution Channel;

B2B and B2C.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn375050571 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Almond Powder Market (USD Million), 2021 - 2031

In the year 2024, the Global Almond Powder Market was valued at USD 432.82 million. The size of this market is expected to increase to USD 579.60 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.3%.

The global almond powder market has been experiencing significant growth in recent years, driven by a growing consumer preference for plant-based products and a heightened awareness of the health benefits associated with almonds. Almond powder, derived from finely ground almonds, is a versatile ingredient used in a variety of applications, ranging from bakery and confectionery to beverages and dietary supplements. Its rich nutritional profile, including high levels of protein, healthy fats, vitamins, and minerals, makes it a popular choice among health-conscious consumers and those seeking alternatives to traditional wheat-based flours.

One of the key factors propelling the demand for almond powder is the increasing adoption of vegan and vegetarian diets worldwide. As more people opt for plant-based lifestyles, the demand for ingredients that align with these dietary preferences has surged. Almond powder, being a natural, gluten-free, and dairy-free product, fits seamlessly into such diets, further boosting its market potential. Additionally, the rise in lactose intolerance cases has led many consumers to seek dairy-free alternatives, with almond powder being a favored option for making almond milk and other dairy-free products.

The bakery and confectionery industries have also played a pivotal role in the expansion of the almond powder market. Almond powder is widely used in baking recipes for cakes, cookies, pastries, and bread, offering a unique flavor and texture while enhancing the nutritional value of these products. The growing trend of home baking, fueled by increased time spent at home and a rising interest in homemade, healthier food options, has further stimulated the demand for almond powder. Moreover, the product’s ability to cater to various dietary needs, including gluten-free and low-carb diets, makes it a versatile ingredient in both commercial and home kitchens.

Despite its promising growth, the almond powder market faces challenges such as high production costs and the availability of substitute products like other nut flours and plant-based powders. Environmental concerns related to almond cultivation, including high water usage and its impact on ecosystems, also pose potential restraints. However, these challenges present opportunities for innovation in sustainable almond farming practices and the development of new almond-based products. With increasing consumer awareness about healthy eating and the continuous expansion of the food and beverage industry, the global almond powder market is poised for sustained growth in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Application
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. Global Almond Powder Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Popularity of Vegan and Vegetarian Diets
        2. Growth in the Food and Beverage Industry
        3. Increase in Lactose Intolerance and Dairy-Free Trends
      2. Restraints
        1. High Cost of Almonds and Almond-Based Products
        2. Availability of Substitute Products
        3. Fluctuations in Raw Material Prices
      3. Opportunities
        1. Expansion in Emerging Markets
        2. Innovations in Product Development
        3. Increasing Awareness About Healthy Eating Habits
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Almond Powder Market, By Product, 2021- 2031(USD Million)
      1. Conventional almond powder
      2. Organic almond powder
    2. Global Almond Powder Market, By Application, 2021- 2031(USD Million)
      1. Bakery Products
      2. Confectionary
      3. Snacks
      4. Others
    3. Global Almond Powder Market, By Distribution Channel, 2021- 2031(USD Million)
      1. B2B
      2. B2C
    4. Global Almond Powder Market, By Geography, 2021- 2031(USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Almondco Australia Ltd
      2. Barney Butter
      3. Blue Diamond Growers
      4. NOW Health Group Inc
      5. Oleander Bio SA
  7. Analyst Views
  8. Future Outlook of the Market