The global almond ingredients market is projected to grow significantly, reaching an estimated value of USD 27.4 billion by 2035. This expansion is driven by increasing consumer demand for plant-based products and gluten-free alternatives, which are influencing food manufacturers to reformulate their offerings with nutrient-dense and clean-label ingredients.
According to a recent report by Future Market Insights (FMI), the market, currently valued at USD 11.8 billion, is benefiting from shifting dietary preferences and a growing focus on health and transparency in food products. These trends are expected to sustain robust growth in the almond ingredients sector over the coming decade.
**Why this matters**
The rise in plant-based and gluten-free diets is reshaping the global food industry, prompting companies to seek versatile and health-conscious ingredients like almonds. This shift supports innovation in food formulation and aligns with consumer priorities for natural and transparent food options, potentially influencing broader market dynamics and supply chains.
Source: NewsData