Dublin, April 10, 2025 (GLOBE NEWSWIRE) — The “Almond Market – Forecasts from 2025 to 2030” report has been added to ResearchAndMarkets.com’s offering.
The global almonds market is estimated at US$ 8.64 billion in 2025 and is expected to grow at a CAGR of 5.83% to attain US$ 11.48 billion by 2030.
The increasing global utilization of e-commerce retail is among the major factors pushing the growth of the market during the estimated timeline. With the rise in the utilization of e-commerce platforms, the accessibility of the consumers in purchasing high-quality almonds increases. Almonds offers its applications across multiple sectors, especially in the food and beverage and pharmaceutical sectors. In the pharmaceutical sector, the nut is utilized for the therapies of constipation, polyuria, facial paralysis, and leprosy, among others.
A key trend contributing to this growth is the rising adoption of almond milk, particularly within the plant-based and vegan milk sector. According to AgFunderNews, almond milk sales in the United States reached $1.55 billion in July 2024, reflecting substantial year-on-year growth. Similarly, the Good Food Institute’s Germany Plant-based Foods Retail Report highlighted that almond milk sales in Germany accounted for 18% of the market in 2023, up from 17% in 2022. This upward trend underscores the growing preference for almond milk as a dairy alternative, driven by its nutritional benefits and alignment with vegan and lactose-free diets.
North America, particularly the United States, plays a pivotal role in the global almond market as the world’s largest almond producer. The country’s advanced agricultural technology, government support, fertile soil, and favorable climate conditions have enabled rapid growth in almond production. California, the leading almond-producing state, alone meets 80% of global almond demand. According to the Almond Board of California, the state is home to over 7,600 almond farms, with 70% of these farms spanning 40 hectares or more. This robust production capacity solidifies the region’s dominance in the global almond market.
In summary, the combination of rising demand for nutrition-rich foods, the growing popularity of almond milk, and the United States’ leadership in almond production highlights the significant opportunities within this market for business leaders and stakeholders.
Some of the major players covered in this report include Atlas Almonds, South Valley Farms, Harris Family Enterprises, Western Nut Company, BAPU Almonds among others:
Report Coverage:
- Historical data from 2022 to 2024 & forecast data from 2025 to 2030
- Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, and Trend Analysis
- Competitive Positioning, Strategies, and Market Share Analysis
- Revenue Growth and Forecast Assessment of segments and regions including countries
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 146 |
| Forecast Period | 2025 – 2030 |
| Estimated Market Value (USD) in 2025 | $8.64 Billion |
| Forecasted Market Value (USD) by 2030 | $11.48 Billion |
| Compound Annual Growth Rate | 5.8% |
| Regions Covered | Global |
Company Profiling (Strategies, Products, Financial Information, and Key Developments)
- Atlas Almonds
- South Valley Farms
- Harris Family Enterprises
- Western Nut Company
- BAPU Almonds
- Chico Nut Company
- TREEHOUSE ALMONDS
- RPAC, LLC
- Justin’s
- Baja Ag, Inc.
- DePalma Farms, Inc.
- Blue Diamond Growers
By Type
- Butte Almonds
- Nonpareil Almond
- Sweet Almond
- Peerless Almond
- Green Almond
- Others
By Nature
- Organic Almonds
- Conventional Almonds
By Application
- Confectioneries
- Bakery Products
- Dairy Products
- Desserts & Sweets
- Breakfast & Cereals
- Others
By End-User
- Bakery Products
- Pharmaceutical Companies
- Dairy Products
- Home Kitchens
- Hotels and Restaurants
By Distribution Channel
By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- UK
- France
- Spain
- Others
- Middle East and Africa
- UAE
- Israel
- Others
- Asia Pacific
- China
- Japan
- South Korea
- India
- Indonesia
- Taiwan
- Thailand
- Others
For more information about this report visit https://www.researchandmarkets.com/r/p2tjww
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