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Almond Ingredients Market Share

Report ID: GMI7811
Published Date: Jan 2024
Report Format: PDF

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Almond Ingredients Market Share

Blue Diamond Growers is a California-based cooperative owned by over 3,000 almond growers. Blue Diamond holds a significant market share in the global almond ingredients industry, estimated to be around 20% to 25%. The company Exports almonds and almond ingredients to over 100 countries worldwide.

Olam is a significant player in the global almond ingredients industry, estimated to hold a 5-7% share. The company has strategically invested in increasing its presence in this growing market through acquisitions and expansions. Olam continues to invest in expanding its almond ingredients capabilities, focusing on value-added products like almond flour, sliced almonds, and almond butter.

Almond Ingredients Market Companies

Major companies operating in the almond ingredients industry include:

Blue Diamond Growers
Olam International
Archer Daniels Midland Company
John B. Sanfilippo & Son, Inc.
Barry Callebaut Group
Kanegrade Ltd.
Borges Agricultural & Industrial Nuts
Treehouse California Almonds
The Wonderful Company LLC
Harris Woolf California Almonds
Dohler GmbH
Royal Nut Company
GoodMills Innovation GmbH
Bergin Fruit and Nut Company, Inc.
Kanegrade Ltd.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of almond ingredient reached USD 10.2 billion in 2023 and is set to cross USD 23.63 billion by 2032, led by the rising demand for healthier food alternatives and growing popularity of plant-based and natural ingredients.

Whole almond ingredient segment was worth USD 3.08 billion in 2023, owing to its nutritional composition and adaptability in a variety of culinary applications.

North America market held a revenue of USD 4.7 billion in 2023, driven by a health-conscious populace and rising popularity of plant-based diets and lactose-free alternatives.

Blue Diamond Growers, Olam International, Archer Daniels Midland Company, John B. Sanfilippo & Son, Inc., Barry Callebaut Group, Kanegrade Ltd., Borges Agricultural & Industrial Nuts, Treehouse California Almonds, The Wonderful Company LLC, Harris Woolf California Almonds are some of the major industry contenders.