The US almond flour market is estimated to grow at a CAGR of 6.8% during the forecast period. In the US, consumers prefer healthy snacks instead of traditional meals, which indicates the opportunity for food service providers to come up with healthy almond flour-based foods. Encouraging economic settings and growing employment rates in the country have also been supporting the exposure of the almond flour, in turn, driving the market growth. Rising obesity levels in the country led consumers to opt for home-cooked food, which exhibits a greater opportunity for almond flour players to focus on household applications.
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The US almond flour market is segmented based on application, distribution channel, and form. Based on the application, the almond flour market is segmented into food and beverages, cosmetics, dietary supplements, and others (household). In the US, almond flour is increasingly used for household purposes for preparing healthy and nutritional meals. It is also used as a flavor enhancer in various food items as it has a good taste, and is incredibly nutritious; hence, steadily finding applications in numerous foods products. The distribution channel segment includes direct sales (offline) and indirect sales (online). Based on form, the almond flour market includes blanched almond flour and unblanched almond flour.
At present, the US almond flour market is not diverse, and the market is dominated by medium-scale enterprises. Bob’s Red Mill Natural Foods, Inc., Divine Organics (Transition Nutrition), Gourmet Imports, Kirkland Signature (Costco Wholesale Corporation), King Arthur Baking Company, Inc., Nature's Eats, Inc., Oh! Nuts, and Wildly Organic, are among some of the key market players in the US almond flour industry. Players with snack foods complying with the health and meal replacement trends are attaining popularity within the food and beverage sector, such as The Hershey Company and Hain Celestial Group.
Research Methodology
The market study of the US almond flour market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Strategy Analysis
3.2. Key Company Analysis
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
4. Market Determinants
4.1 Motivators
4.2 Restraints
4.1. Opportunities
5. Market Segmentation
5.1. US Almond Flour Market by Form
5.1.1. Blanched Almond Flour
5.1.2. Unblanched Almond Flour
5.2. US Almond Flour Market by Application
5.2.1. Food and Beverages
5.2.2. Cosmetics
5.2.3. Dietary Supplements
5.2.4. Others (Household)
5.3. US Almond Flour Market by Distribution Channel
5.3.1. Direct Sales (Offline)
5.3.2. Indirect Sales (Online)
6. Company Profiles
6.1. American Almond Products Company, Inc. (Barry Callebaut)
6.2. Bob’s Red Mill Natural Foods, Inc.
6.3. Divine Organics (Transistion Nutrition)
6.4. Food to Live (LexUnder, Inc.)
6.5. Healthworks, LLC
6.6. Kirkland Signature (Costco Wholesale Corp.)
6.7. King Arthur Baking Company, Inc.
6.8. Namaste Foods, LLC
6.9. Nature's Eats, Inc.
6.10. NOW Health Group, Inc.
6.11. Sweet and Sprouted
6.12. WellBees.com
1. US ALMOND FLOUR MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
2. US ALMOND FLOUR MARKET RESEARCH AND ANALYSIS BY FORM, 2019-2026 ($ MILLION)
3. US ALMOND FLOUR MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
1. US ALMOND FLOUR MARKET SHARE BY APPLICATION, 2019 VS 2026 (%)
2. US ALMOND FLOUR MARKET SHARE BY FORM, 2019 VS 2026 (%)
3. US ALMOND FLOUR MARKET SHARE BY DISTRIBUTION CHANNEL, 2019 VS 2026 (%)