Almond Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Almond Market Report Includes Production Analysis (volume), Consumption Analysis (Value and Volume), Export Analysis (Value and Volume), Import Analysis (Value and Volume), and Price Trend Analysis. The Market is Segmented by Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Report Offers the Market Size and Forecast Based On Volume (metric Tons) and Value (USD) for all the Above-Mentioned Segments.

Almond Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Almond Market Size

Almond Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Market Size (2025) USD 10.68 Billion
Market Size (2030) USD 13.99 Billion
CAGR (2025 - 2030) 5.55 %
Fastest Growing Market Asia-Pacific
Largest Market North America

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Almond Market Analysis

The Almond Market size is estimated at USD 10.68 billion in 2025, and is expected to reach USD 13.99 billion by 2030, at a CAGR of 5.55% during the forecast period (2025-2030).

Almonds are used as ingredients in manufactured goods, including cereal and granola bars, as snacks, in in-home baking, and at food service outlets. The growing popularity of almonds is partly attributed to the rise of plant-based milk, such as almond milk. Almond milk is considered the healthier alternative to regular milk, especially for the lactose-intolerant population, offering consumers a low-fat, high-protein option. Almond milk has become a staple for many supermarkets and coffee shops.

Additionally, the growing veganism worldwide is supplementing the market's growth. For instance, according to a survey conducted by ProVeg International, the vegan share in Belgium increased from 2% in 2020 to 3% in 2022. The rise in veganism is supporting the market growth. Furthermore, according to the Food and Agriculture Organization (FAO), the United States is the primary producer of almonds, followed by Spain, Iran, and Australia. The favorable climate with fertile soil and abundant sunshine and the required equipment to be used during growth and harvesting favors the enhanced production of almonds in these regions.

Besides, new branded products and innovative uses of almonds in ice cream, confectioneries, and baked goods have been introduced. For instance, in 2023, Blue Diamond Growers launched a new product called Thin Dipped Almonds, which is available in two flavors, namely double dark chocolate and dark chocolate sea salt caramel. It is cholesterol-free, high in vitamin E, and contains no artificial flavors or colors. In addition, nut flour is expanding as an alternative to regular wheat flour in the gluten-free market, increasing the potential for market growth during the study period.

Almond Market News

  • June 2023: Blue Diamond partnered with Brightseed to discover the untapped health potential of nonpareil California almonds. Therefore, the increasing demand for almonds and initiatives taken in the country are anticipated to boost consumption.
  • November 2022: Blue Diamond, one of the leading almond brands, launched two limited-edition flavors, namely Blue Diamond Snickerdoodle Flavored Almonds and Blue Diamond Peppermint Cocoa Flavored Almonds.
  • January 2022: Keto-friendly launched two new flavors in its Krunchy Keto Bar line under its Good Good brand, which contains almonds, bananas, and coconut.

Almond Market Report - Table of Contents

1. INTRODUCTION

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

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rise in Percentage of Area Harvested Under Almond Cultivation
    • 4.2.2 Demand for Healthy Snacking Options
  • 4.3 Market Restraints
    • 4.3.1 Water Scarcity in Almond Producing Regions
    • 4.3.2 Drop in the Prices of Almonds
  • 4.4 Supply Chain/Value Chain Analysis

5. MARKET SEGMENTATION Production Analysis (Volume), Consumption Analysis (Value and Volume), Export Analysis (Value and Volume), Import Analysis (Value and Volume), and Price Trend Analysis.

  • 5.1 Geography
    • 5.1.1 North America
    • 5.1.1.1 United States
    • 5.1.2 Europe
    • 5.1.2.1 Spain
    • 5.1.2.2 Italy
    • 5.1.2.3 Portugal
    • 5.1.2.4 Greece
    • 5.1.3 Asia-Pacific
    • 5.1.3.1 Iran
    • 5.1.3.2 Turkey
    • 5.1.3.3 Australia
    • 5.1.3.4 China
    • 5.1.3.5 India
    • 5.1.3.6 Vietnam
    • 5.1.4 South America
    • 5.1.4.1 Chile
    • 5.1.4.2 Argentina
    • 5.1.5 Middle-East and Africa
    • 5.1.5.1 Morocco
    • 5.1.5.2 Tunisia
    • 5.1.5.3 Saudi Arabia
    • 5.1.5.4 Egypt

6. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Almond Industry Segmentation

The edible part of the almond is a seed from a drupe, a fruit in which the outer shell and hull layers are typically not eaten. After extracting the almond seed, the shells and hulls are often used for livestock feed and bedding. For report purposes, the analysis of "Other Nuts, Fresh Or Dried, Whether Or Not shelled or peeled - almonds" (HS code 0802) is considered. The almond market includes production analysis (volume), consumption analysis (value and volume), export analysis (value and volume), import analysis (value and volume), and price trend analysis. The market is geographically segmented into North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. The report offers the market size and forecast based on volume (metric tons) and value (USD) for all the above-mentioned segments.

Geography North America United States
Europe Spain
Italy
Portugal
Greece
Asia-Pacific Iran
Turkey
Australia
China
India
Vietnam
South America Chile
Argentina
Middle-East and Africa Morocco
Tunisia
Saudi Arabia
Egypt
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Almond Market Research Faqs

How big is the Almond Market?

The Almond Market size is expected to reach USD 10.68 billion in 2025 and grow at a CAGR of 5.55% to reach USD 13.99 billion by 2030.

What is the current Almond Market size?

In 2025, the Almond Market size is expected to reach USD 10.68 billion.

Which is the fastest growing region in Almond Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Almond Market?

In 2025, the North America accounts for the largest market share in Almond Market.

What years does this Almond Market cover, and what was the market size in 2024?

In 2024, the Almond Market size was estimated at USD 10.09 billion. The report covers the Almond Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Almond Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Almond Industry Report

The almond market is experiencing significant growth, driven by the health benefits and versatile culinary applications of almonds. From dairy alternatives like almond milk to various confectioneries and snacks, the demand for almonds is on the rise. This market update highlights the increasing consumer preference for healthy snacking options and the surge in innovative almond-based products. The market report also emphasizes the focus on sustainable and eco-friendly almond production practices, which appeal to eco-conscious consumers.

The United States leads in almond production, benefiting from favorable climatic conditions and advanced agricultural practices. This has contributed to the growing consumer base for gluten-free and non-dairy products in North America and beyond. The market size and market value of almonds are expanding, with a positive market forecast predicted by industry reports. The price trend analysis indicates a steady increase in the value of almonds, further driving market growth.

Almonds' versatility extends to wellness and beauty products, enhancing their market appeal. The industry outlook remains positive, supported by health trends, product innovation, and sustainability efforts. This industry analysis provides a comprehensive overview of the almond market, including market segmentation and market predictions. The market leaders continue to drive industry growth, with market data indicating a robust expansion in the coming years.

The market review underscores the importance of industry research and industry statistics in understanding market trends. The market overview and market outlook provide valuable insights into the future of the almond market. The report example and report PDF offer detailed industry information and industry sales figures, essential for market analysis. Research companies play a crucial role in providing accurate industry information and industry trends, ensuring informed decision-making in the almond market.

Almond Market Report Snapshots