Market Size of Almond Protein Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 7.40 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Almond Protein Market Analysis
The global almond protein market is projected to grow at a CAGR of 7.4% during the forecast period.
- The almond protein market is driven by consumerinclination towards a plant-based protein diet.The high functional property of almond protein and its natural health benefits are boosting its market growth. There is an increase in the adoption of almond protein across several end-user industries, owing to its high sustainability.
- By application, dietary supplements hold a significant share of the market studied.Increasing health awareness among consumers and high protein demand for athletes have boosted the market for almond protein supplements in sports drinks and nutrition products.