Baking aisles have changed, and ground almonds now sit next to wheat flour on many shelves. The Insight Partners reports that the Almond Flour Market was valued at US$ 877.95 million in 2018 and is projected to reach US$ 1,624.12 million by 2027, expected to grow at a CAGR of 8.3% from 2020 to 2027.
That pace reflects a shift in how people choose ingredients. Shoppers want gluten-free, low-carbohydrate and protein-rich options, and the almond flour market has become a natural beneficiary as bakers, brands and home cooks look for alternatives to conventional flour.
What Is Almond Flour?
Almond flour is made from almonds that are ground and sieved to a set particle size. Most of it comes from blanched almonds, which have had their skins removed. It is widely used in premium pastries, cookies and sweet goods such as almond macaroons.
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What Is Driving Demand in the Almond Flour Market?
Health-led eating is the main force. The report notes that almond flour is gluten-free, rich in fibre, vitamin E and minerals, and lower in carbohydrates than wheat flour, with a low glycaemic index. Those traits suit consumers following low-carbohydrate, paleo or gluten-free diets, and a growing preference for high-protein flour products adds to demand.
Convenience food is the second driver. The report points to rising consumption of bakery products, snacks, noodles and pasta, and a larger working population that buys ready-to-eat items. Manufacturers who use almond flour in these products help pull volume through the almond flour market.
Gluten intolerance and allergies add a steady base. More people are looking for flour that avoids wheat, and food makers have responded with gluten-free cookies, muffins, cakes and breading made with almonds.
Quality efforts by established brands matter as well. King Arthur Baking Company, Anthony's Goods and Hodgson Mill Inc. are cited in the report as companies working to improve almond flour and related products. The report also notes that COVID-19 disrupted supply chains and production in food and beverage, which temporarily restrained growth.
Segmentation Overview
By Form: Blanched and Natural. Blanched almond flour accounted for the larger share, 55.4% in 2019, and is expected to post the higher CAGR. Its smooth, fine texture and pale colour make it a favourite for pastries and baked goods.
By Nature: Organic and Conventional. Conventional almond flour held the largest share in 2018, supported by lower production costs and wide availability. Organic is projected to grow fastest, at a CAGR of 9.2%.
By End User: Foodservice, Food & Beverages, Cosmetic Industry, Dietary Supplements, and Others. Food and beverages led with a 54.4% share in 2019, using almond flour in cookies, cakes, breads, pastries, pasta and breakfast cereals.
Key Market Players
- King Arthur Flour Company Inc.
- Alldrin Brothers
- Anthony
The report text also names Hodgson Mill Inc., Blue Diamond Growers and Bob's Red Mill Natural Foods among other participants. Companies use mergers and acquisitions and research and development to widen their customer base and protect brand reach. Competition in the almond flour market centres on quality, texture and organic credentials.
Sustainability and Innovation Trends
Organic is the clearest growth thread. Consumers who prefer organic food are pushing demand towards organic almond flour, which is why that segment outpaces conventional.
Product innovation extends beyond baking. Almond flour appears in dietary supplements and cosmetic applications, and these end uses give suppliers routes to diversify away from a single category.
Quality improvement also matters. Players are refining milling and grading so that blanched and natural products perform consistently in commercial kitchens and factories.
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Regional Outlook
North America dominated the almond flour market with a 40.1% share in 2019 and is expected to grow at the highest CAGR, 8.7%, over the forecast period. The United States is projected to grow at a CAGR of 8.8%. Growth there is linked to a strong food sector, higher disposable income, demand for gluten-free products and a large number of chocolate and candy producers. The report also covers Europe, Asia-Pacific, South and Central America, and the Middle East and Africa, so buyers can compare where new demand is likely to emerge.
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