PUBLISHER: Orion Market Research Pvt Ltd | PRODUCT CODE: 986738
PUBLISHER: Orion Market Research Pvt Ltd | PRODUCT CODE: 986738
Contact us about how to customize the report with add-on data.
European 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)
The European almond flour market is anticipated to at a CAGR of 6.8% during the forecast period. Europe has been holding a considerable share in the almond flour market and is expected to continue this trend during the forecast period, owing to the changing consumer preferences for healthier foods in Western Europe over the years, with a growing preference for health base snacks.
The European almond flour market is segmented based on application, distribution channel, and form. Based on the application, the almond flour market is segmented into food and beverages, cosmetics, dietary supplements, and others (household). The distribution channel segment includes direct sales (offline) and indirect sales (online). Based on form, the almond flour market includes blanched almond flour and unblanched almond flour. The online channels, despite their minute share in the overall sales of almond flour, are projected to be the fastest emerging and growing sales channels, owing to the growing influence of e-commerce on the retail markets of Europe.
Country-wise, the market is segmented into the UK, Germany, France, Italy, Spain, and the Rest of Europe. The UK holds a considerable market share for almond flour in Europe in 2019. Consumer preference for eating at home instead of dining out coupled with on-the-go convenience trend has been boosting the market growth for almond flour in the country. Owing to increasing health and wellness trend, consumers are seeking to cut their consumption of fat, and salt particularly. Almond flour has been gaining traction in the UK, owing to the benefits it provides such as gluten-free features and perceived health benefits.
Further, Delphi Organic GmbHDO-IT B.V., Natures Healthbox, Ltd., Noble House N.V., and Rapunzel Naturkost are among some of the key almond flour market players in Europe. Besides, retailers, such as Lidl and Aldi, tend to stock primarily private label brands, which is affecting the market for key brands in categories.
Research Methodology
The market study of the European almond flour market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include:
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers: