Dry Roasted Almonds Snack Market

Dry Roasted Almonds Snack Market Analysis by Baked and Freeze Dried in Salted and Unsalted Flavors from 2022 to 2032

Analysis of Dry Roasted Almonds Snack Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Market outlook for Dry Roasted Almonds Snack 2023

Be it a house party evening or club snacks are one of the favorite appetizers. Healthy snacking is the most recent trend in consumer behavior set to transform the market landscape. The demand for snacks is rising as a result of changes in people's lifestyles, an increase in the working population and disposable income, and a trend toward nicer ready-to-eat foods.

Snacks are frequently described as quick meals that individuals eat in between meals. Due to their numerous advantages, nutritional supplements are becoming more and more popular in the snacks industry. Due to the numerous beneficial nutrients that nuts offer in addition to a tasty taste, the nuts industry is expanding quickly in the snacking sector.

Almonds are always chosen over other nuts because of their deliciously sweet and nutty flavor and high content of beneficial elements. Due to their increased taste, crunchy texture, and wealth of nutrients, dry-roasted almond nuts are becoming more and more well-liked as nutritious snacks.

Dry roasted almonds are now more widely consumed because of simple cooking recipes. Consumers who are concerned about their health choose almonds as snacks to fried and raw almonds. The demand for these almonds is anticipated to grow globally over the course of the forecast period due to their rising popularity and manufacturers' increased focus on them.

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Competitive landscape highlights only certain players
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Market dynamics: Demand Drivers

Even though the major reason for the demand for this snack is derived from its taste and flavor, another mainstay reason is health awareness and the prevalence of a sedentary lifestyle. Propelling awareness at the consumer end regarding healthy protein-rich food makes the shift to healthy snacks and non-fried snacking.

On-the-go packets of these almonds are handy to carry for both students and working people. These can be used as an additive to other recipes or else can also be consumed directly. Higher protein and fiber content in these almonds tends to attract more consumers. Almonds are good for oxidative stress and relieve blood pressure and sugar level. Consumers tend to prefer roasted form over raw for more crunch and taste. Moreover, roasting nuts reduces the risk of hazardous microbes that may be present in raw almonds.

Lucrative Opportunities

“Snacking is in style”

Snacks continue to experience year-over-year growth, and in 2018, there were 11% more new worldwide product releases than in 2017. 1 In the US, 66% of customers said they typically eat two snacks each day, while 25% said they typically eat three to four.

As a healthier and tasty snack, the almond snack has an emerging demand among consumers in developed as well as developing countries. With the increasing move-to-natural trend the number of people preferring organic ingredients is high and thus increasing the supply of organic almond products can boost the market. Innovation is a key factor in the snack industry, the introduction of innovative products like chocolate-flavored candies of roasted almonds. An increase in awareness about negative health effects arising from excess consumption of cashew nut snacks has opened opportunities for the market.

Key companies operating in this market are-

  • California almonds
  • Treehouse Almonds
  • Grain Basket Foods
  • Olomomo Nut Company
  • Natco Foods
  • Gourmet Nut
  • Bergin Fruit
  • Nut Company Inc. Bob’s Roasted Nuts
  • Almond brothers.

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Segment wise Insights

These almond snacks come in salted and unsalted flavors. Furthermore, the organic type is mainly popular among vegan consumers. Food stores and confectionary stores dominate sales of these almonds. While people also started to buy snacks online due to promised timely delivery by companies. The food products are preferred to buy from local stores owing to challenges of perishability and freshness.

Regional Insights

The United States produces a large number of almonds annually, in the year 2022 United states produced over 1.3 million metric tons of almonds after the U.S., European Union is the second leading producer of almonds.

The rise in demand from European countries is attributed to the growth of the savory sector. However, processed dry snacks are not much popular in Asian countries at present. The Asian region is a robustly growing market for almond snacks and is expected to dominate the market share in the upcoming period.

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Segmentation

  • On the basis of product type :

    • Baked
      • Oven baked
      • Pan baked
    • Freeze Dried
    • Others
  • On the basis of the application :

    • Online retailers
    • Supermarket / Convenience stores
    • Street stalks
    • Others
  • On the basis of flavor :

    • Salted
    • Unsalted
    • Others
  • On the basis of nature :

    • Organic
    • Conventional
  • On the basis of regions :

    • North America (U.S., Canada)
    • Latin America (Mexico. Brazil)
    • Western Europe (Germany, Italy, France, U.K, Spain)
    • Eastern Europe (Poland, Russia)
    • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
    • Japan
    • Middle East and Africa (GCC, S. Africa, N. Africa)

- FAQs -

How much growth will be achieved by this market?

The market worth is likely to grow at 5.5% over the forecast years.

Why the market is anticipated to have high growth potential?

The growing popularity of neutraceuticals is driving the market.

Where will manufacturers likely gain major opportunities in the forecast period?

North America region to provide the most opportunities for the industry players.

What are the major drivers of demand for these snacks?

A sedentary lifestyle fosters demand on-the-go healthy snacks such as almonds.

Dry Roasted Almonds Snack Market

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