The North American almond flour market is anticipated to grow at a CAGR of 6.5% during the forecast period. The almond flour market has started to grow in the North American region as the consumers increasingly prioritize health benefits offered by almond flour. The growth of almond flour is driven by consumers, who want to be offered healthful foods with high nutritional value, due to increasing obesity issues in the region.

The North American almond flour market is segmented based on application, distribution channel, and form. Based on the application, the almond flour market is segmented into food and beverages, cosmetics, dietary supplements, and others (household). The distribution channel segment includes direct sales (offline) and indirect sales (online). Based on form, the almond flour market includes blanched almond flour and unblanched almond flour. The demand for healthier snacks has prompted enhanced sales in specialty stores/conventional stores (offline), due to their tailor-made approach; customized and specific products. Specialty stores also offer innovative varieties of almond flour for household usage.

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Country-wise, the North American almond flour market is bifurcated into the US and Canada. Canada is expected to perceive the highest growth rate in North America. The US, in terms of value, dominated the North American almond flour market and is one of the major producers and consumers of almond flour globally. In the US, the demand for almond flour is growing extensively for various bakery products that are proteins and minerals rich. Consumers are increasingly opting for high protein consumption resulting in a strong requirement of high protein and low carb food products. Thus, foodservice providers intend to focus on introducing products such as pasta, bakery, and others containing almond flour, to meet this rise in the requirement of protein among the consumers. Further, a higher rate of commercial consumption is resulting in the growth of the almond flour market in the region.

The almond flour industry in North America is slightly diversified with the majority of the market share held by medium-sized enterprises. The region is home to a large number of almond flour companies including American Almond Products Company, Inc. (Barry Callebaut), Bob’s Red Mill Natural Foods, Kirkland Signature (Costco Wholesale Corporation), King Arthur Baking Company, Inc., and Nature's Eats, Inc. among others.  

Research Methodology

The market study of the North American almond flour market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

• North American Almond Flour Market Research and Analysis by Application
• North American Almond Flour Market Research and Analysis by Distribution Channel
• North American Almond Flour Market Research and Analysis by Form

The Report Covers

• Comprehensive research methodology of the North American almond flour market.
• This report also includes a detailed and extensive market overview with the key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the North American almond flour market.
• Insights about market determinants which are stimulating the North American almond flour market.
• Detailed and extensive market segments with the regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.