Rising Disposable Income and Increasing Urbanization to Drive the Market Growth in India

Published: Oct 2020

The Indian almond flour market is expected to display a rapid CAGR during the forecast period (2020-2026). Owing to the strengthening mass media and its significant impact on the local consumers, the almond flour market is all set to observe a robust growth across the parts of the market that are easily accessible by electronic media. With the constantly improvising standards of living across the country, the young population is focused more on healthier food formulations that are new and vogue in the market. This development is witnessed significantly across the food segment, with more and more Indian consumers coming forward to experience healthier food options offered by local and international manufacturers, which is driving the market growth.

Browse the full report description of "Indian Almond Flour Market Size, Share & Trends Analysis Report by Form (Blanched Almond Flour and Unblanched Almond Flour) by Application (Food and Beverages, Cosmetics, Dietary Supplements, and Others), and by Distribution Channel (Direct Sales (Offline) and Indirect Sales (Online)), Forecast Period (2020-2026)" at https://www.omrglobal.com/industry-reports/indian-almond-flour-market

In India, rolls and bread are witnessing increasing popularity as compared to traditional breakfasts, which reflects the strong potential of almond flour in this country. Almond flour products are widely used in the bakery & confectionery industry in India. An increase in investments by several small and midsized food manufacturing companies in developing countries supports the growth of the market in the country. Further almond flour caters to a diverse consumer base and appeals to almost every age group being increasingly consumed. Semi-urban and rural space is increasingly penetrated by healthy food brands. Earlier these regions were dominated by homemade or unbranded products. Subsequently, almond flour has displayed a high growth trajectory and several new players have emerged in the market while the existing players plan expansion.

Market Coverage

  • The market number available for – 2019-2026
  • Base year- 2019
  • Forecast period- 2020-2026
  • Segment Covered- by Application, Distribution Channel, and Form
  • Competitive Landscape – Dietdelite Pvt.Ltd, Fruitri India, NutroActive, Urban Platter, and Wellversed Health

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment/region dominates the market in the base year?
  • Which segment/region will project the fastest growth in the market?
  • How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from the pre-COVID-19 forecast

o Most affected region/segment

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

Indian Almond Flour Market Report Segment

By Application

  • Food and Beverages
  • Cosmetics
  • Dietary Supplements
  • Others (Household)

By Distribution Channel

  • Direct Sales (Offline)
  • Indirect Sales (Online)

By Form

  • Blanched Almond Flour
  • Unblanched Almond Flour

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