Global Almond Protein Market, By Distribution Channel (Online, Supermarkets, Convenience Stores), Application (Bakery & Confectionary, Beverages, Personal Care), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Almond Protein Market
The almond protein market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of USD 0.47 billion and grow at a CAGR of 5.80% in the above-mentioned forecast period. Increase in the research and development activities acts as an essential factor driving the almond protein market.
Almond protein is defined as a concentrated, plant based protein source which is extracted from raw almonds. It is an alternative for soy protein and animal based milk products owing to its high mineral and vitamin contents. It generally contains high performance antioxidants which defend the cells against damage and significantly reduce the risk of numerous health diseases such as diabetes and cancer.
Increase in demand for vegan and gluten-free products is a vital factor escalating the market growth, also increase in the change in consumption of consumers from animal-based protein to plant-based protein, rise in demand for organic and natural skincare products and increase in the consumer inclination towards personal grooming along with growing awareness towards the chemicals usage in skincare products are the major factors among others driving the almond protein market. Moreover, rising research and development activities and increasing modernization in the new products offered in the market will further create new opportunities for the almond protein market in the forecast period of 2021- 2028.
However, rise in the prices of the products containing almonds are the major factors among others acting as restraints, and will further challenge the almond protein market in the forecast period.
The almond protein market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the almond protein market contact Data bridge market research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Almond Protein Market Scope and Market Size
The almond protein market is segmented on the basis of distribution channel and application. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.
- On the basis of distribution channel, the almond protein market is segmented into online, supermarkets and convenience stores.
- The almond protein market is also segmented on the basis of application into bakery & confectionary, beverages and personal care.
Almond Protein Market Country Level Analysis
The almond protein market is analysed and market size insights and trends are provided by country, packaging type and distribution channel as referenced above.
The countries covered in almond protein market are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa (MEA).
North America dominates the almond protein market due to increase in the change in consumption of consumers from animal-based protein to plant-based protein and rise in demand for organic and natural skincare products in this region. Asia-Pacific is the expected region in terms of growth in almond protein market due to increase in the change in consumption of consumers from animal-based protein to plant-based protein, rise in demand for organic and natural skincare products in this region.
The country section of the almond protein market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Almond Protein Market Share Analysis
The almond protein market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to almond protein market.
The major players covered in the almond protein market report are Celtic Sea Minerals, Noosh, Inc, BASF SE, BioFlora, HM Health Solutions Inc, BLUE DIAMOND GLOBAL INGREDIENTS DIVISION, Inovobiologic and Sar Agrochemicals & Fertilizers Pvt. Ltd, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
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