Global Organic Almond Market was valued at US$ 92.04Mn in 2020 and is expected to reach US$ 190.8Mn by 2026, at a CAGR of 9.54% during a forecast period.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.Global Organic Almond Market
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Organic Almonds are packed with vitamins, minerals, protein, and fiber, and are associated with a number of health benefits. Just a handful of almonds — approximately 1 ounce — contain one-eighth of our daily protein needs.
The major driving factors of the Organic Almond market are increasing demand amongst consumers for the organically-grown products continue to increase. Organic merchandise is the quickest growing shopper trend within the marketplace as new merchandise is developed and retailers obtain to supply organic merchandise for his or her personal labels. Almonds possess economic, medicinal, and nutritional benefits and are consumed in nearly every country worldwide.
Organic production within almonds is reliant on the use of various selection or cultural practices to reduce insect infestation rates. Consistent with the continued growth in the retail organic food sector, the markets for organic almonds have been expanding rapidly in the forecasted periods. In adverse weather conditions, such as an unusually heavy or prolonged rainy season, disease problems will depress organic almond yields more severely than conventional yields and growth factors for the organic almond market. Food safety and changing consumer preference will act as restraints to the market.
Global Organic Almond Market Segment Analysis:
Based on the Product type, the Sweet Type segment is expected to hold the largest share in the Organic Almond market during the forecast period. Sweet almonds are the most popular nutritious food. Many researchers are especially interested in their level of monounsaturated fats, as these appear to have a beneficial effect on blood lipids. It appears that almonds in regular dietary intake are safe for most non-allergic individuals. Sweet almond may also interact with agents taken for cardiovascular conditions, fertility, or estrogen activity and creating opportunities in the organic almond market.
The plant-based trend takes almonds in new directions
Almonds are now appearing in a growing number of plant-based products, creating new opportunities beyond traditional snacking nuts and bakery applications. While almond milk might once have looked like a niche opportunity.
Global Organic Almond Market Regional Analysis:
In terms of region, North-America is expected to hold the largest share in the Organic Almond market during the forecast period. Almonds are grown in the United States more than anywhere else on Earth. North America grows almonds for commercial purposes. The harvest is usually enough to feed the nation and huge export to other countries. North American countries accounted for the highest dollar worth of both shelled and in-shell almonds shipped during the forecasted period valued at $XX a billion or more than two-thirds (69.3%) of the global total. In the second place, the European exporters gained their position in the market after developing a new style of farming in the Organic sector.
The report includes a detailed study of Porter’s Five Forces model to analyze the different factors affecting the growth of the Organic Almond market. Moreover, the study also covers an Organic Almond market attractiveness analysis, brand portfolio expansion, mergers, collaborations, joint ventures, acquisitions, PESTLE analysis, Value Chain Analysis, and SWOT analysis.
Global Organic Almond Market, Key Highlights:
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• Global Organic Almond Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Organic Almond Market
• Global Organic Almond Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Global Organic Almond Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
• Global Organic Almond Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Organic Almond Market are also profiled.
The report has considered the base year of 2019 and past four years trend. 2020 figures are at actuals, however due to different dynamics of year 2020, market forecast is not only dependent upon 2020, but on the basis of 2016-2020.
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Global Organic Almond Market
Global Organic Almond Market Key Players
• Wonderful Pistachios Almonds
• Aryan International
• Big Tree Organic Farms
• Hilltop Ranch
• Harris Woolf California Almonds
• Billings Marketing
• Royal Rifco Company
• Sran Family Orchards
• OHM SAI AGRO PRODUCTS
• Royal Nut Company
• MOLDOVAN ORGANIC ALMONDS
• Organic Products
• Yeshraj Agro Expert Private Limited
• Sri Saraswati Organics
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