Report : Middle East and Africa Almond Flour Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Form (Blanched and Natural), Nature (Organic and Conventional), and End User (Foodservice, Food and Beverages, Cosmetic Industry, Dietary Supplements, and Others)
Conventional Segment to Dominate MEA Almond Flour Market during 2020–2027
According to The Insight Partners market research study on “MEA Almond Flour Market Forecast to 2027 – COVID-19 Impact and Analysis - By Form (Blanched and Natural), Nature (Organic and Conventional), and End User (Foodservice, Food and Beverages, Cosmetic Industry, Dietary Supplements, and Others)”, the market is expected to reach US$ 141.30 million by 2027 from US$ 80.27 million in 2019; it is estimated to grow at a CAGR of 7.6% from 2020 to 2027. The report provides trends prevailing in the MEA almond flour market, and the drivers and restraints pertaining to the market growth. Almond Flour provides various health benefits as well as an increase in demand from the packaged and processed food industry is driving the market. However, due to availability of substitutes and improper storage facilities for almond flour will hinder the growth of the market in developing countries in MEA.
The almond flour market in MEA is segmented into form, nature and end user. Based on form the market is segmented into blanched and natural. In 2019, the blanched segment held the largest share of the MEA almond flour market. Blanched means that the almond 's skin has been removed from the nut, and hence blanched almond flour will contain no almond skin. Blanched almond flour is gluten-free, high in fiber and a high protein source, and low in carbohydrates. Almond s provides the most calcium and are beneficial for lowering cholesterol and heart health. It is made using pure almond s and is one of the best choices for a healthy kind of baking flour. Blanched almond flour is mostly used for its smooth, fine, and fluffy texture. Blanched almond flour is lighter and is much better for making baked products and pastries. However, the outbreak of COVID-19 and lockdown imposed by the governments across MEA is anticipated to have a huge disruption in the growth of various industries across MEA. The governments across MEA are taking measure like travel bans, business shutdowns, and lockdown, which is expected to hamper the anticipated revenue generation and growth opportunities for coming months.
Shiloh Farms, Treehouse California Almond s, LLC., Blue Diamond Growers, and Bob’s Red Mill Natural Foods are among the leading companies in the MEA almond flour market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
MEA Almond flour market, by Form
MEA Almond flour market, by Nature
MEA Almond flour market – by End User
MEA Almond flour market – by Country