Almond Flour Market growth at an expected volume CAGR of approximately 7% through 2031: Persistence Market Research
Global food and beverage manufacturers are expected to witness growing demand for gluten-free food, owing to changing consumer eating habits and increasing consumer inclination toward healthier products. Manufacturers are expanding in newer markets through the expansion of production capacities and strengthening distribution networks.
Rising snacking habits among consumers have also promoted the use of ingredients such as almond flour. Almond flour provides stability and good texture to snacks, along with essential nutrients.
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Key Takeaways from Market Study
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"Manufacturers engaged in the production of almond flour are focusing on product line extension to win business from competitors and achieve a greater level of sales volume," says a Persistence Market Research analyst.
Competitive Landscape
Key players manufacturing almond flour are emphasizing on new product development strategy to offer more and more innovative products on retail shelves. They are also focusing on different marketing and promotional strategies. Many are also opting for educational marketing regarding the health benefits of the almond flour.
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Explore More Valuable Insights
Persistence Market Research, in its new report, offers an impartial analysis of the global almond flour market, presenting historical data (2016-2020) and estimation statistics for the forecast period of 2021-2031.
The study offers compelling insights on the market based on nature (organic and conventional), form (blanched and natural), end use (food and beverage industry, cosmetics and personal care, foodservice, and retail/household), and distribution channel (business to business and business to consumer), across seven major regions of the world.
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