Product Code: ETC4539745 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India almond ingredients market import shipments demonstrated a robust CAGR from 2020-2024, indicating significant expansion. However, the growth rate between 2023 and 2024 showed a slight slowdown, suggesting a stabilizing trend in recent years. Overall, the market exhibited strong momentum with a positive growth trajectory.
The India almond ingredients market is experiencing a steady rise as almonds are recognized for their nutritional value and versatility in culinary applications. Almond ingredients, such as almond flour, butter, and milk, have become popular among health-conscious consumers and individuals with dietary restrictions, such as those following a gluten-free diet. The market`s growth is attributed to the increasing demand for plant-based and gluten-free products, which has led to the incorporation of almond ingredients in various food and beverage items, including baked goods, dairy alternatives, and snacks.
The India almond ingredients market is flourishing due to the rising health and wellness trend. Almonds are perceived as a superfood, packed with essential nutrients and healthy fats, making them a popular choice for health-conscious consumers. Almond-based products such as almond milk, almond flour, and almond butter have gained popularity as alternatives to traditional dairy and wheat products. As more consumers embrace a plant-based diet, the almond ingredients market is expected to continue its growth.
The India almond ingredients market is not without its challenges. Almond production is sensitive to weather conditions, which can lead to supply fluctuations, impacting prices and availability. Quality control and traceability are crucial concerns, particularly in ensuring food safety and meeting export standards. Furthermore, the competition with other nut ingredients and the cost implications of using almonds in various food applications present a competitive challenge for the market. Balancing quality, price, and sustainability in almond sourcing and production remains an ongoing challenge.
The almond ingredients market maintained its appeal in the food industry due to the popularity of almond-based products, although supply chain disruptions may have affected availability.
Key players in the India almond ingredients market include Blue Diamond Growers, Mariani Nut Company, Archer Daniels Midland Company, and Kanegrade.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Almond Ingredients Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Almond Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 India Almond Ingredients Market - Industry Life Cycle |
3.4 India Almond Ingredients Market - Porter's Five Forces |
3.5 India Almond Ingredients Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Almond Ingredients Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Almond Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of almonds |
4.2.2 Growing demand for natural and plant-based ingredients in food products |
4.2.3 Rising disposable incomes leading to higher spending on premium food products |
4.3 Market Restraints |
4.3.1 Fluctuating almond prices due to supply-demand dynamics |
4.3.2 Inconsistent quality of almond ingredients impacting consumer trust and satisfaction |
5 India Almond Ingredients Market Trends |
6 India Almond Ingredients Market, By Types |
6.1 India Almond Ingredients Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Almond Ingredients Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Almond Ingredients Market Revenues & Volume, By Whole Almonds, 2021-2031F |
6.1.4 India Almond Ingredients Market Revenues & Volume, By Almond Pieces, 2021-2031F |
6.1.5 India Almond Ingredients Market Revenues & Volume, By Almond Flour, 2021-2031F |
6.1.6 India Almond Ingredients Market Revenues & Volume, By Almond Paste, 2021-2031F |
6.1.7 India Almond Ingredients Market Revenues & Volume, By Almond Milk, 2021-2031F |
6.2 India Almond Ingredients Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Almond Ingredients Market Revenues & Volume, By Snacks, 2021-2031F |
6.2.3 India Almond Ingredients Market Revenues & Volume, By Bars, 2021-2031F |
6.2.4 India Almond Ingredients Market Revenues & Volume, By Bakery, 2021-2031F |
6.2.5 India Almond Ingredients Market Revenues & Volume, By Confectionery, 2021-2031F |
6.2.6 India Almond Ingredients Market Revenues & Volume, By Milk Substitutes & Ice Creams, 2021-2031F |
6.2.7 India Almond Ingredients Market Revenues & Volume, By Nut & Seed Buttres, 2021-2031F |
7 India Almond Ingredients Market Import-Export Trade Statistics |
7.1 India Almond Ingredients Market Export to Major Countries |
7.2 India Almond Ingredients Market Imports from Major Countries |
8 India Almond Ingredients Market Key Performance Indicators |
8.1 Consumer adoption rate of almond-based products in the market |
8.2 Growth in the number of new product launches containing almond ingredients |
8.3 Percentage of repeat purchases of almond ingredient products |
9 India Almond Ingredients Market - Opportunity Assessment |
9.1 India Almond Ingredients Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Almond Ingredients Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Almond Ingredients Market - Competitive Landscape |
10.1 India Almond Ingredients Market Revenue Share, By Companies, 2024 |
10.2 India Almond Ingredients Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |