Almond Ingredients Market Size and Share

Almond Ingredients Market Summary
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Almond Ingredients Market Analysis by Mordor Intelligence

The almond ingredients market size, valued at USD 15.4 billion in 2025, is projected to surge to USD 23.7 billion by 2030, marking a robust CAGR of 9.07%. This growth underscores the almond's evolution from a mere commodity to a versatile ingredient, catering to the surging demand for plant-based products, premium snacking, and clean-label formulations. Technological advancements in extraction, irrigation, and by-product valorization are not only driving down unit costs but also paving the way for novel applications, particularly in cosmetics and functional foods. Additionally, as almond protein offers a mild taste, good solubility, and compatibility with diverse applications like protein bars, dairy alternatives (e.g., almond milk yogurt), shakes, and even bakery products, manufacturers are focused on considering almond ingredients to innovate their products. In the nutraceutical space, it adds muscle-supporting amino acids and is perceived as more “natural” than isolates from pea or rice. In line with this, manufacturers are also innovating almond ingredients with multiple application capabilities, driving the market's growth. For instance, in late 2024, Almonesia expanded beyond nuts and launched instant almond milk powder for both beverages and baking, with further plans to introduce almond-based jams and nut milks under its John Farmer label, leveraging almonds as versatile, natural bases.

Key Report Takeaways

• By product type, Whole Almonds led with 32.21% of Almond market share in 2024, while Almond Oil recorded the fastest 11.14% CAGR forecast through 2030. 

• By application, Food and Beverage commanded 70.65% revenue in 2024; Personal Care and Cosmetics is projected to expand at a 10.53% CAGR to 2030. 

• By nature, Conventional products held 87.33% of the Almond market size in 2024, whereas Organic variants are set to grow at 10.38% CAGR between 2025 and 2030. 

• By geography, Europe captured 34.54% revenue share in 2024; Asia-Pacific is the fastest region with a 10.82% CAGR expected through 2030.

Segment Analysis

By Product Type: Whole Almonds hold scale while oil captures growth

In 2024, Whole Almonds captured a 32.21% share of the almond market, buoyed by their popularity in traditional snacking and as inclusions in baked goods. Meanwhile, Almond Oil emerged as the fastest-growing product, boasting an impressive 11.14% CAGR projected through 2030. This surge is largely attributed to beauty formulators' increasing preference for plant-based emollients, especially those rich in vitamin E and phytosterols. Innovations in roasting and flavoring not only enhance the sensory appeal of almonds but also extend their shelf life, justifying premium price points. In the Asia-Pacific region, rising disposable incomes are driving volume expansion, while European markets are honing in on provenance cues and crafting lower-salt recipes to align with public health objectives. Manufacturers are channeling investments into refining roasting techniques and adopting vacuum-filled packaging, ensuring that crunch and flavor integrity are preserved throughout extended distribution chains. A case in point: Treehouse California Almonds provides bulk offerings of natural, blanched, and roasted whole almonds, available in vacuum-packed 50 lb boxes and 25 lb options—catering perfectly to food manufacturers prioritizing longevity and consistent quality.

Utilizing aqueous extraction lines, producers are minimizing solvent residues, paving the way for cosmetic-grade certifications. These certifications can command prices 3-4 times higher than their edible oil counterparts. The culinary world is also embracing almond oil, drawn by its stable smoke-point and the growing consumer inclination towards premium, mono-unsaturated fats. Almond derivatives like Pieces, Flour, Milk, Paste, and Extract are carving out niche yet lucrative markets. These segments find their sweet spot at the intersection of gluten-free baking, dairy alternatives, and natural flavoring. Each sub-segment capitalizes on almonds' nutritional reputation, fine-tuning aspects like particle size, fat content, and flavor intensity to cater to specific end-use requirements.

Almond Ingredients Market: Market Share by Type
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By Application: Food and Beverage dominate as beauty surges

In 2024, the Food and Beverage sector dominated revenues, accounting for 70.65%. Key drivers included bakery inclusions, dairy substitutes, confectionery centers, and premium snack mixes. Meanwhile, the Personal Care and Cosmetics sector is projected to grow at a robust 10.53% CAGR. Almonds, celebrated for their natural richness in protein, fiber, healthy fats, and especially vitamin E, have become a go-to choice for health-conscious consumers. Their adaptability means almond derivatives—like almond flour, milk, butter, and protein powder—find applications in dairy alternatives, baked goods, snacks, and nutritional supplements. This versatility is a significant driver of their growth. Moreover, the surging popularity of gluten-free, keto, vegan, and paleo diets has amplified the demand for almond-based products, as they seamlessly cater to diverse dietary preferences while delivering exceptional taste and texture. Manufacturers are also reaping the benefits of almond ingredients' functional attributes—emulsification, binding, and moisture retention—which enhance product quality without resorting to synthetic additives, bolstering the segment’s expansion.

Formulators in the Personal Care and Cosmetics sector appreciate almond ingredients for their subtle scent, quick skin absorption, and vitamin E richness. These attributes make them prime candidates for anti-aging and baby-care product lines. The segment is further buoyed by the rising clean-beauty movement, which prioritizes traceable, plant-based ingredients over traditional mineral oils and silicones. Highlighting the sector's vitality, U.S. health and personal care store sales reached approximately USD 444.94 billion in 2024, a notable increase from the prior year's USD 435.71 billion, as reported by the US Census Bureau. Additionally, there's a burgeoning trend in functional beverages, sports supplements, and nutraceutical gummies, where almond protein isolates and fiber fractions are adeptly meeting both texture and nutritional goals.

By Nature: Conventional scale meets organic premium

In 2024, conventional almond varieties dominated the almond market, accounting for 87.33% of the market size. This dominance is attributed to established supply chains and competitive pricing in mainstream channels. Meanwhile, organic almonds are on an upward trajectory, projected to grow at a 10.38% CAGR until 2030. This surge is driven by consumers' preference for pesticide-free production, often willing to pay a premium of 40-60% over their conventional counterparts. In the food sector, products derived from conventional almonds, such as almond flour, milk, butter, and protein, are gaining traction. These nutrient-rich, plant-based alternatives not only bolster clean-label, gluten-free, and vegan claims but also enhance taste, texture, and shelf stability. As a result, they're becoming staples in snacks, baked goods, and dairy alternatives, fueling the segment's expansion.

Organic almonds, cultivated without synthetic pesticides, fertilizers, or GMOs, resonate with the global shift towards health-conscious and eco-friendly choices. In the food and beverage realm, organic variants of almond flour, milk, butter, and protein are increasingly featured in products emphasizing organic, vegan, gluten-free, and non-GMO labels. These labels are becoming pivotal in shaping consumer purchasing choices. Highlighting this trend, data from Bund Ökologische Lebensmittelwirtschaft (BÖLW) reveals that organic food revenues in Germany neared EUR 17 billion in 2024[3]Bund Ökologische Lebensmittelwirtschaft (BÖLW), "Branchen(Industry) Report", www.boelw.de. Furthermore, these organic ingredients not only bolster clean-label formulations but are also viewed as safer and more premium, further propelling the segment's growth.

Almond Ingredients Market: Market Share by Nature
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Geography Analysis

In 2024, Europe commanded the almond market, accounting for 34.54% of the revenue. This dominance is bolstered by the continent's established consumption habits, Mediterranean culinary traditions, and EU regulations that prioritize clean-label and organic products. European consumers, known for their health-conscious choices, are gravitating towards plant-based, clean-label, organic, and functional foods. This trend dovetails seamlessly with products derived from almonds, including almond milk, flour, butter, and protein. Furthermore, Europe's growing almond production capacity is fueling the market's expansion, reducing the region's dependence on imports. For instance, the USDA Foreign Agricultural Service reported that in 2023-24, Europe emerged as the second-largest almond producer, churning out approximately 147.7 thousand metric tons.

Asia-Pacific is on a rapid ascent, boasting a 10.82% CAGR projected through 2030, largely propelled by China's nut intake, which has seen a twofold increase. Nations such as China, India, Japan, South Korea, and Australia are showing a heightened appetite for nutritious, premium, and functional foods. This shift has catalyzed the integration of almond-based ingredients across various sectors, from plant-based beverages and snacks to bakery items and dairy alternatives. Additionally, the region's burgeoning cosmetics and personal care sectors are tapping into almond oil and extracts, lauding their moisturizing and anti-aging benefits, thus amplifying the demand across multiple industries.

North America, with California at its helm, stands as a powerhouse in global almond output and processing. While domestic consumption remains stable, the region's growth hinges on premiumization and innovative functionalities in products. Both Canada and Mexico are witnessing a gradual shift, with health considerations steering preferences towards unsalted and roasted-no-oil almond varieties. Despite facing challenges like rising water costs and pollination fees, which highlight the significance of initiatives such as the KIND Almond Acres Initiative, growers maintain a competitive edge in exports. Meanwhile, South America is diversifying the landscape, thanks to Chile's expanding orchards and advantageous trade agreements with China. In contrast, the Middle East and Africa markets, while presenting long-term promise, are reliant on factors like increasing disposable incomes and enhanced logistics.

Almond Ingredients Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The Almond market sees moderate concentration, with major processors like Blue Diamond Growers, Olam Food Ingredients, and Royal Nut Company leading the way. By vertically integrating from orchard to branded products, these players ensure raw material availability, stabilize margins, and speed up product innovation. 

Technological differentiation plays a pivotal role. Innovations like AI-assisted pollinator monitoring, variable-rate irrigation, and blockchain traceability not only reduce input costs but also guarantee buyers' ethical sourcing. On another front, OFI’s KIND Almond Acres Initiative is testing regenerative farming on 500 acres, with goals of enhancing soil health and pollinator habitats, crucial for sustained yields.

Additionally, niche players are carving out premium segments, leveraging organic certifications, single-origin narratives, and refining oils for cosmetic use, all commanding higher prices in beauty markets.

Almond Ingredients Industry Leaders

  1. Blue Diamond Growers

  2. John B. Sanfilippo and Son Inc.

  3. Borges Agricultural & Industrial Nuts, S.A

  4. Royal Nut Company

  5. Barry Callebaut AG

  6. *Disclaimer: Major Players sorted in no particular order
Almond Ingredients Market Concentration
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Recent Industry Developments

  • September 2024: Blue Diamond Growers partnered with Kagome Co., Ltd. for all production and distribution of Almond Breeze in Japan. The new partnership is focused on accelerating market growth and driving new demand for Almond Breeze. The new partnership was asserted to harness the qualities of Almond Breeze while leveraging the in-market expertise of Kagome to drive additional consumption within Japan.
  • July 2024: Sabinsa debuted Promond, a water-soluble almond protein made from Indian-grown almonds, boasting a complete amino acid profile. It is positioned for nutraceuticals and sports nutrition, with applications extending to drinks and supplements.
  • February 2024: SunnyGem, a key California almond supplier, released SunnyGem Almond Oil, its first direct-to-consumer, premium food-grade almond oil, offering a high-quality ingredient for culinary, food processing, and flavor applications.

Table of Contents for Almond Ingredients Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising demand for plant-based food
    • 4.2.2 Growth of convenient, on-the-go healthy snacking
    • 4.2.3 Growing consumer preference for clean label and gluten-free ingredients in processed foods
    • 4.2.4 Expansion of lactose-free and vegan dairy alternatives
    • 4.2.5 Increasing use of almonds in fortified and functional food products
    • 4.2.6 Innovations in Food Processing and Applications
  • 4.3 Market Restraints
    • 4.3.1 Availability of lower-priced nut and seed substitutes
    • 4.3.2 High price volatility of raw almonds
    • 4.3.3 Allergen concerns regarding almonds
    • 4.3.4 Water-intensive cultivation
  • 4.4 Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter’s Five Forces
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Bargaining Power of Suppliers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECASTS

  • 5.1 By Type
    • 5.1.1 Whole Almond
    • 5.1.2 Almond Pieces
    • 5.1.3 Almond Flour
    • 5.1.4 Almond Paste
    • 5.1.5 Almond Milk
    • 5.1.6 Almond Oil
    • 5.1.7 Almond Extract
    • 5.1.8 Other Types
  • 5.2 By Nature
    • 5.2.1 Conventional
    • 5.2.2 Organic
  • 5.3 By Application
    • 5.3.1 Food and Beverage
    • 5.3.1.1 Bakery and Confectionery
    • 5.3.1.2 Dairy and Dairy Alternatives
    • 5.3.1.3 Sweet and Savory Snacks
    • 5.3.1.4 Beverages
    • 5.3.1.5 Other Food and Beverages
    • 5.3.2 Personal Care and Cosmetics
    • 5.3.3 Dietary Supplements
    • 5.3.4 Other Applications
  • 5.4 By Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
    • 5.4.1.4 Rest of North America
    • 5.4.2 Europe
    • 5.4.2.1 Germany
    • 5.4.2.2 United Kingdom
    • 5.4.2.3 Italy
    • 5.4.2.4 France
    • 5.4.2.5 Spain
    • 5.4.2.6 Netherlands
    • 5.4.2.7 Poland
    • 5.4.2.8 Belgium
    • 5.4.2.9 Sweden
    • 5.4.2.10 Rest of Europe
    • 5.4.3 Asia-Pacific
    • 5.4.3.1 China
    • 5.4.3.2 India
    • 5.4.3.3 Japan
    • 5.4.3.4 Australia
    • 5.4.3.5 Indonesia
    • 5.4.3.6 South Korea
    • 5.4.3.7 Thailand
    • 5.4.3.8 Singapore
    • 5.4.3.9 Rest of Asia-Pacific
    • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Argentina
    • 5.4.4.3 Colombia
    • 5.4.4.4 Chile
    • 5.4.4.5 Peru
    • 5.4.4.6 Rest of South America
    • 5.4.5 Middle East and Africa
    • 5.4.5.1 South Africa
    • 5.4.5.2 Saudi Arabia
    • 5.4.5.3 United Arab Emirates
    • 5.4.5.4 Nigeria
    • 5.4.5.5 Egypt
    • 5.4.5.6 Morocco
    • 5.4.5.7 Turkey
    • 5.4.5.8 Rest of Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Blue Diamond Growers
    • 6.4.2 John B. Sanfilippo and Son Inc.
    • 6.4.3 Borges Agricultural & Industrial Nuts, S.A
    • 6.4.4 Royal Nut Company
    • 6.4.5 Barry Callebaut AG
    • 6.4.6 Olam International Ltd.
    • 6.4.7 Bob's Red Mill Natural Foods
    • 6.4.8 Hodgson Mill Inc.
    • 6.4.9 Treehouse California Almonds LLC
    • 6.4.10 Kanegrade Ltd.
    • 6.4.11 Select Harvests Ltd.
    • 6.4.12 Harris Woolf Almonds
    • 6.4.13 Kerry Group plc
    • 6.4.14 Givaudan SA (Naturex)
    • 6.4.15 Hines Nut Company
    • 6.4.16 Valued Natural Foods LLC
    • 6.4.17 AMS Noshcraft Pvt. Ltd
    • 6.4.18 Arva Flour Mill
    • 6.4.19 Drupe Foods India Pvt Ltd.
    • 6.4.20 SunOpta, Inc.

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

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Global Almond Ingredients Market Report Scope

Almond ingredients are derived from one of the popularly consumed tree nut almonds packed with nutrients. Almonds are a good source of healthy fats, protein, fiber, vitamin E, calcium, magnesium, and other essential vitamins and minerals. They come in various forms and can be consumed raw, roasted, or salted. Beyond snacking, almonds are a versatile ingredient used in baking, preparing desserts, and even savory dishes. The almond ingredients market scope encompasses the following segments - type, application, and geography. By type, the market is further sub-segmented into whole almond, almond pieces, almond flour, almond paste, almond milk, and other types. The application segment is subdivided into bakery, dairy, confectionery, sweet and savory snacks, and other applications. The geography is also further sub-segmented into North America, Europe, Asia Pacific, South America, and Middle East and Africa. The market sizing and forecasts have been done for each segment based on value (USD).

By Type
Whole Almond
Almond Pieces
Almond Flour
Almond Paste
Almond Milk
Almond Oil
Almond Extract
Other Types
By Nature
Conventional
Organic
By Application
Food and Beverage Bakery and Confectionery
Dairy and Dairy Alternatives
Sweet and Savory Snacks
Beverages
Other Food and Beverages
Personal Care and Cosmetics
Dietary Supplements
Other Applications
By Geography
North America United States
Canada
Mexico
Rest of North America
Europe Germany
United Kingdom
Italy
France
Spain
Netherlands
Poland
Belgium
Sweden
Rest of Europe
Asia-Pacific China
India
Japan
Australia
Indonesia
South Korea
Thailand
Singapore
Rest of Asia-Pacific
South America Brazil
Argentina
Colombia
Chile
Peru
Rest of South America
Middle East and Africa South Africa
Saudi Arabia
United Arab Emirates
Nigeria
Egypt
Morocco
Turkey
Rest of Middle East and Africa
By Type Whole Almond
Almond Pieces
Almond Flour
Almond Paste
Almond Milk
Almond Oil
Almond Extract
Other Types
By Nature Conventional
Organic
By Application Food and Beverage Bakery and Confectionery
Dairy and Dairy Alternatives
Sweet and Savory Snacks
Beverages
Other Food and Beverages
Personal Care and Cosmetics
Dietary Supplements
Other Applications
By Geography North America United States
Canada
Mexico
Rest of North America
Europe Germany
United Kingdom
Italy
France
Spain
Netherlands
Poland
Belgium
Sweden
Rest of Europe
Asia-Pacific China
India
Japan
Australia
Indonesia
South Korea
Thailand
Singapore
Rest of Asia-Pacific
South America Brazil
Argentina
Colombia
Chile
Peru
Rest of South America
Middle East and Africa South Africa
Saudi Arabia
United Arab Emirates
Nigeria
Egypt
Morocco
Turkey
Rest of Middle East and Africa
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Key Questions Answered in the Report

What is the current Almond market size and how fast is it growing?

The Almond market size stands at USD 15.4 billion in 2025 and is projected to expand to USD 23.7 billion by 2030 at a 9.07% CAGR.

Which product segment is expanding the fastest?

Almond Oil is the quickest-growing product, forecast to post an 11.14% CAGR through 2030 thanks to rising demand in skincare and premium culinary oils.

Which application segment holds the largest share?

Food and Beverage leads with 70.65% revenue share in 2024, fueled by bakery, confectionery, and dairy-alternative uses.

Why is Asia-Pacific considered the growth engine for almonds?

The region’s 10.82% forecast CAGR is propelled by China’s doubling nut consumption, India’s lower import tariffs, and expanding e-commerce distribution networks that make almonds more accessible to urban consumers.

What are the main risks facing almond suppliers?

Price volatility tied to California’s climate, water scarcity, and allergen regulations present the key risks that can disrupt supply chains and raise compliance costs.

How are companies addressing sustainability concerns in almond production?

Leading processors invest in micro-irrigation, AI-guided pollinator health programs, and by-product-to-energy projects that reduce water use and carbon emissions while safeguarding long-term yields.

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