VALLEY COTTAGE, N.Y. – Future Market Insights (FMI) delivers key insights on the global almond flour market in its forthcoming outlook titled Almond Flour Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028′. FMI offers crucial insights in detail regarding the demand for gluten-free and grain-free food, an increase in the inclusions of natural ingredients in cosmetic products, and more such factors that are influencing consumer food trends, due to which, the global almond flour market is forecasted to register a healthy CAGR of 8.3% during the forecast period.
Consumers who are adopting the paleo diet, and celiac- and gluten-intolerant consumers are the primary demand-driving factors for the almond flour market. Hence, current almond flour marketing trends are focused on expanding the consumer base for almond flour, targeting other groups such as those who are instantly adopting the consumption of alternative flours such as almond flour, coconut flour, and other nut flours, and those who are keen on boosting nutrition content in their daily diets.
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The paleo diet that consists of meat, fish, fresh produce, nuts & seeds, and healthy fats & oils is being increasingly demanded by consumers who are leading a healthy lifestyle, especially in developed regions. In North America, both, the availability and demand for almond flour multiply to give an exponential market growth of the almond flour market. For almond flour marketers and retailers, paleo is the marketing buzzword. Moreover, there is a new class of consumers – ‘Pegan’ (both vegan and paleo), who are focusing on managing a paleo diet without eating meat, and this diet invariantly includes protein-rich food ingredients such as whole grain flours and nut flours such as almond flour. For these consumers, high value-added vegan products such as almond flour become not just an alternative or a try-out product, but a necessity, as they are substituting almond flour for meat.
A new wave is sweeping the gluten-free industry, wherein, whole grain has become passé, and a completely grain-free diet, mainly bakery products, crispy crackers, and cereals containing vegan substitutes and nut flours such as almond flour are becoming the new focus for consumers. Amongst grain-free flours, coconut flour, almond flour, and banana flour dominate the retail shelves. Also, consumer preference for premium and nutrition-rich alternative flours is propelling the growth of the almond flour market. Apart from these factors, the almond flour snacking fervor is being backed by medical credentials. The medical community is increasingly highlighting the link between the consumption of grains and increasing incidences of diabetes, and consumers have become more cautious than ever before. In an attempt to cut down the risk of diabetes, the younger generation is adopting grain-free diets, in which, grain-free cookies, crackers such as those made from almond flour, and other bakery products are the most preferred snacks. Almond flour finds major application in these end-use products, which is further fueling the market growth for almond flour.
In regions such as Europe, major almond producing countries such as Spain are implementing cost-effective almond cultivation techniques to meet the rising demand for almond flour and almond meals in the European market. Europe already imports a large volume of almonds for furthering processing into almond flour, oil, and paste, from the U.S.
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