The North American market alone is forecast to be worth $62.7 million by 2021, accounting for XX% of the overall market.
The Organic Almonds Market, which was esteemed at US$ 101 million in 2015, is relied upon to achieve an estimation of US$ 190.8 million by 2021, developing at a CAGR of 11.3% amid the forecast time frame.
Almonds are considered as super food these days and their health benefits are well known in the global market. Organic almonds are suggested especially when you consume almonds on a daily basis.
Organic almonds are among the healthiest food in the world. For nurturing almonds, many pesticides and medicines are sprayed on them and hence their consumptions on regular basis can be hazardous.
Hence, studies have proven that consuming organic almonds market on a daily basis is the key to a healthier and longer life. It has wide range of health benefits due to presence of magnesium, protein, calcium, iron, vitamin E, vitamin B6, vitamin B2, unsaturated fats, potassium, fiber, biotin, phosphorus, copper, molybdenum and antioxidants.
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Almonds have numerous advantages and hence are highly beneficial for health. With increase in global health conscious consumers, this market is on an upward trend.
They are richer in nutrients and do not have saturated fat, cholesterol and hence are good for the heart and high blood pressure. It also helps reduce arthritis and osteoporosis, which is maintaining bone health.
It is rich in vitamin E which contains antioxidants helpful for a radiant skin. It contains L-carnitine and riboflavin which are the two key nutrients that are capable of positively affecting the neurological activity and preventing cognitive decline.
Healthy fats and dietary fiber aid in weight loss as they help in feeling full and curb overeating. Hence many health benefits of organic almonds market is anticipated to drive the market during the forecast period.
Organic almonds are expensive and this can be a hindrance to the growth of this particular market. Confectionery industries are anticipated to be opportunistic for growth of this market.
Depending on product type, this market is segmented into bitter type and sweet type. Among these, bitter type of almonds are largely used in manufacturing almond oil.
They also can be used in various food products on a large scale. Also, sweet almonds are consumed raw or as a garnishing factor in various sweets and confectionery.
Sweet type accounted as the largest as well as the fastest growing product type segment of the organic almonds market in 2015, and this trend is anticipated to continue over the research period as well.
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Some of the applications of organic almonds are, edible almonds, medicinal usage, personal care products and others. Edible almonds contains maximum benefits of almonds, nutrient wise.
They are sweet and do not have any side effects on excessive consumption. Almond extracts are used in the medical sector to various heart diseases and also maintain bone health.
Edible stood as the fastest growing and the largest application segment and is expected to dominate the market throughout the forecast period.
Based on region, global organics almond market is segmented into North America, Asia Pacific, Europe, the Middle East & Africa and Latin America. North America is expected to be the leading market during the forecast period.
The rest are anticipated to follow the upward trend in the coming years.
This report covers a complete analysis of the competitive landscape of the Global Organic Almond Market. It includes company profiles of few key market players such as Aryan International, Big Tree Organic Farms, Billings Marketing, Harris Woolf California Almonds, Hilltop Ranch, Inc., OHM SAI AGRO PRODUCTS, Royal Nut Company, Royal Rifco Company and Sran Family Orchards.
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