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Almond Protein Market

ID: MRFR/FnB/29937-HCR
128 Pages
Snehal Singh
October 2025

Almond Protein Market Research Report By Product Form (Powder, Liquid, Bars, Snacks), By Application (Protein Supplements, Food & Beverages, Nutritional Products, Cosmetics), By Source (Organic Almonds, Conventional Almonds), By Distribution Channel (Online Retail, Offline Retail, Direct Sales), By Customer Segment (Health-Conscious Consumers, Fitness Enthusiasts, Vegan and Vegetarian Consumers, Food Manufacturers) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035

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Almond Protein Market Summary

As per MRFR analysis, the Almond Protein Market Size was estimated at 2.744 USD Billion in 2024. The Almond Protein industry is projected to grow from 2.945 in 2025 to 5.969 by 2035, exhibiting a compound annual growth rate (CAGR) of 7.32 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Almond Protein Market is experiencing robust growth driven by health trends and innovative applications.

  • The demand for plant-based proteins continues to rise, particularly in North America, which remains the largest market for almond protein.
  • Innovative product development is evident, with almond protein powder leading the segment, while almond protein bars are emerging as the fastest-growing category.
  • Health-conscious consumer behavior is shaping market dynamics, especially in the Asia-Pacific region, which is recognized as the fastest-growing market.
  • Key drivers such as the rising popularity of vegan diets and increased awareness of health benefits are propelling the expansion of almond protein in food and beverage applications.

Market Size & Forecast

2024 Market Size 2.744 (USD Billion)
2035 Market Size 5.969 (USD Billion)
CAGR (2025 - 2035) 7.32%

Major Players

Blue Diamond Growers (US), NutraBlend (CA), Bunge Limited (US), Olam International (SG), ADM (US), Kerry Group (IE), Sundown Products (US), The Wonderful Company (US), Pioneer Foods (ZA)

Almond Protein Market Trends

The Almond Protein Market is currently experiencing a notable transformation, driven by increasing consumer awareness regarding health and nutrition. This shift is largely attributed to the rising demand for plant-based protein sources, as individuals seek alternatives to traditional animal proteins. The versatility of almond protein, which can be incorporated into various food products, enhances its appeal among health-conscious consumers. Furthermore, the growing trend of veganism and vegetarianism contributes to the market's expansion, as more individuals opt for plant-derived protein options. As a result, manufacturers are innovating and diversifying their product offerings to cater to this evolving consumer base. In addition to dietary preferences, the Almond Protein Market is influenced by the increasing prevalence of lactose intolerance and dairy allergies. This has led to a surge in demand for non-dairy protein sources, with almond protein emerging as a favorable alternative. The market is also witnessing advancements in processing technologies, which enhance the quality and functionality of almond protein. These developments may further solidify almond protein's position in the competitive landscape of plant-based proteins, suggesting a promising future for this segment. Overall, the Almond Protein Market appears poised for growth, driven by changing consumer behaviors and ongoing innovations in product development.

Rising Demand for Plant-Based Proteins

The Almond Protein Market is witnessing a surge in interest as consumers increasingly gravitate towards plant-based protein sources. This trend is fueled by a growing awareness of health benefits associated with plant-derived proteins, leading to a shift in dietary preferences.

Innovative Product Development

Manufacturers in the Almond Protein Market are actively engaging in innovative product development to meet the diverse needs of consumers. This includes the creation of new formulations and applications that enhance the versatility of almond protein in various food products.

Health-Conscious Consumer Behavior

The Almond Protein Market is significantly influenced by the rising health consciousness among consumers. As individuals become more aware of nutritional content, the demand for high-quality, nutritious protein sources like almond protein continues to grow.

Almond Protein Market Drivers

Rising Popularity of Vegan Diets

The increasing adoption of vegan diets is a notable driver for the Almond Protein Market. As consumers become more health-conscious and environmentally aware, the shift towards plant-based diets is gaining momentum. Almond protein, being a rich source of essential amino acids, aligns well with the nutritional needs of vegans. According to recent data, the plant-based protein segment is projected to grow at a compound annual growth rate of over 10% in the coming years. This trend suggests that almond protein products will likely see heightened demand as they cater to the dietary preferences of a growing vegan population. The Almond Protein Market stands to benefit significantly from this shift, as more consumers seek alternatives to animal-based proteins.

Increased Awareness of Health Benefits

The rising awareness of the health benefits associated with almond protein is a critical driver for the Almond Protein Market. Almond protein is known for its high protein content, low carbohydrate levels, and beneficial fats, making it an attractive option for health-conscious consumers. Research indicates that almond protein can aid in muscle recovery and weight management, which appeals to fitness enthusiasts and those looking to improve their overall health. The market for protein supplements is expected to expand, with almond protein being a key player due to its nutritional profile. This growing awareness of health benefits is likely to propel the Almond Protein Market forward, as consumers increasingly prioritize health in their dietary choices.

Technological Advancements in Processing

Technological advancements in processing methods are playing a pivotal role in shaping the Almond Protein Market. Innovations in extraction and processing techniques have improved the efficiency and quality of almond protein production. These advancements allow for the creation of higher-quality protein powders that retain more nutrients and flavor, appealing to a broader consumer base. The market is witnessing an influx of new products that leverage these technologies, enhancing the overall appeal of almond protein. As processing technologies continue to evolve, the Almond Protein Market is expected to benefit from increased product offerings and improved consumer satisfaction, potentially leading to higher market penetration.

Sustainability and Environmental Concerns

Sustainability and environmental concerns are becoming increasingly important to consumers, driving the Almond Protein Market. Almonds are considered a more sustainable protein source compared to traditional animal proteins, as they require less water and land for production. This aspect resonates with environmentally conscious consumers who are looking to reduce their carbon footprint. The trend towards sustainable food sources is expected to continue, with almond protein positioned as a favorable alternative. As consumers prioritize sustainability in their purchasing decisions, the Almond Protein Market is likely to experience growth, as brands that emphasize eco-friendly practices gain traction in the marketplace.

Expansion of Food and Beverage Applications

The diversification of food and beverage applications is significantly influencing the Almond Protein Market. Almond protein is being incorporated into a variety of products, including protein bars, smoothies, and dairy alternatives, which enhances its market appeal. The food and beverage sector is witnessing a trend towards healthier options, and almond protein serves as a versatile ingredient that can enhance the nutritional value of many products. Market data suggests that the demand for protein-enriched foods is on the rise, with consumers seeking convenient and nutritious options. This expansion into various applications is likely to drive growth in the Almond Protein Market, as manufacturers increasingly recognize the potential of almond protein in meeting consumer demands.

Market Segment Insights

By Product Form: Powder (Largest) vs. Bars (Fastest-Growing)

In the Almond Protein Market, the product form segment showcases a diverse distribution, with powder products taking the lead as the largest segment. Almond protein powder is favored for its versatility and ease of use, making it a staple in various health and fitness regimens. Following this, bars and snacks are also gaining traction, as consumers seek convenient and on-the-go options filled with nutritional benefits. Liquid almond protein products hold a niche position, appealing primarily to specific dietary preferences. Growth trends indicate that almond protein bars are the fastest-growing segment within the market, driven by increasing consumer demand for healthier snack alternatives. This rise can be attributed to the ongoing trend towards clean eating and plant-based protein sources. Additionally, innovation in flavors and formulations has elevated bar products in consumer preference, positioning them as a popular choice among fitness enthusiasts and health-conscious individuals alike.

Powder (Dominant) vs. Snacks (Emerging)

Almond protein powder has solidified its position as the dominant product form in the Almond Protein Market, characterized by its widespread availability and adaptability in various recipes, from smoothies to baked goods. Its rich nutritional profile appeals to bodybuilders, athletes, and health-conscious consumers who prioritize protein intake. Conversely, almond protein snacks represent an emerging trend, capturing the interest of consumers seeking quick, nutritious options without compromising on taste. These snacks leverage unique flavor combinations and portability, making them suitable for busy lifestyles. As more brands invest in developing almond protein snacks, this segment is poised for significant growth, directly responding to consumer trends favoring convenience and health benefits.

By Application: Protein Supplements (Largest) vs. Food & Beverages (Fastest-Growing)

The Almond Protein Market showcases a varying distribution of market share across its application segments. The largest segment, protein supplements, dominates due to the soaring demand from health-conscious consumers looking for effective ways to enhance fitness and overall health. This segment significantly influences the market landscape, appealing to bodybuilders, athletes, and lifestyle enthusiasts alike. Conversely, the food and beverages segment, which includes innovative products like almond protein bars and fortified drinks, has been rapidly gaining traction, attracting a diverse consumer base interested in healthier snack options.

Protein Supplements (Dominant) vs. Food & Beverages (Emerging)

In the Almond Protein Market, protein supplements stand as a dominant category, characterized by a strong foothold among fitness enthusiasts and health-conscious individuals. With their high protein content and versatile usage in shakes and bars, these supplements cater primarily to athletes and those engaging in fitness regimens. On the other hand, the food and beverages segment is emerging, leveraging almond protein's nutritional benefits to create innovative products that appeal to mainstream consumers. This segment capitalizes on the growing trend towards plant-based diets, allowing for a wider reach across various demographics seeking healthier alternatives.

By Source: Organic Almonds (Largest) vs. Conventional Almonds (Fastest-Growing)

In the Almond Protein Market, the distribution of market share between Organic and Conventional Almonds illustrates a clear preference among consumers. Organic Almonds dominate the market due to increasing health consciousness and a growing demand for organic products. On the other hand, Conventional Almonds have been gaining traction rapidly as they provide a cost-effective alternative for manufacturers, appealing to a different segment of health-minded consumers seeking economical protein sources. Understanding this distribution is essential for stakeholders aiming to target their marketing strategies effectively. As the market evolves, several key trends are driving the growth of both segment values. The rising trend towards clean-label and natural products primarily fuels the rise of Organic Almonds, attracting health-conscious individuals who are willing to pay a premium for organic certifications. Conversely, the quickest growth of Conventional Almonds can be attributed to their affordability and availability, catering to mass-market segments looking for protein-rich options without the higher prices associated with organic varieties. This dynamic between the two segments highlights the diverse needs of consumers in the Almond Protein Market.

Source of Almonds: Organic (Dominant) vs. Conventional (Emerging)

Organic Almonds maintain a dominant position in the Almond Protein Market primarily due to increasing consumer demand for clean and sustainable food sources. These almonds are cultivated without synthetic pesticides or fertilizers, appealing to a health-conscious demographic that prioritizes organic certifications and sustainable agriculture. The organic segment is characterized by a high level of brand loyalty and consumer willingness to pay premium prices. In contrast, Conventional Almonds are emerging as a key player in the market primarily due to their cost-effectiveness and wider availability. This segment attracts budget-conscious consumers and food manufacturers seeking affordable protein sources. Conventional Almonds, while growing rapidly, must compete on quality and processing standards to establish a stronger foothold against their organic counterparts.

By Distribution Channel: Online Retail (Largest) vs. Offline Retail (Fastest-Growing)

In the Almond Protein Market, distribution channels have seen a diverse split, with online retail standing out as the largest segment owing to the increasing trend of e-commerce and convenience among consumers. Although offline retail continues to hold a significant share, the dynamics are changing rapidly as online platforms gain popularity. The growth in health awareness and the demand for protein-rich products have solidified online retail's position, capturing a larger portion of consumer spending in recent years.

Online Retail (Dominant) vs. Offline Retail (Emerging)

Online retail has established itself as a dominant force in the Almond Protein Market, driven by factors such as consumer convenience, the vast range of options available, and personalized shopping experiences. Major online platforms provide an easy gateway for health-conscious consumers seeking almond protein products. In contrast, offline retail is emerging, with many consumers favoring physical stores for personal interaction and immediate product access. This segment is adapting by offering in-store promotions and experiential marketing, contributing to its rapid growth, particularly among consumers who prefer shopping locally.

By Customer Segment: Health-Conscious Consumers (Largest) vs. Fitness Enthusiasts (Fastest-Growing)

In the Almond Protein Market, the distribution among customer segments shows significant interest in high nutritional value, with Health-Conscious Consumers holding the largest share. This segment is characterized by individuals who prioritize health in their dietary choices, leading to a strong demand for plant-based protein alternatives. Meanwhile, Fitness Enthusiasts are rapidly gaining traction, reflecting a surge in health awareness and fitness regimes that emphasize protein intake for muscle recovery and performance enhancement. Growth trends indicate a shifting focus towards more sustainable and nutritious food choices. The increase in vegetarian and vegan diets, along with rising health consciousness, is pushing this market forward. As consumers increasingly seek alternatives to dairy and animal-based proteins, both Health-Conscious Consumers and Fitness Enthusiasts are poised for significant impact on market dynamics and product development.

Health-Conscious Consumers (Dominant) vs. Fitness Enthusiasts (Emerging)

Health-Conscious Consumers represent the dominant segment within the Almond Protein Market, as they actively seek products that promote wellness and offer clean-label benefits. This group often includes individuals focused on nutrition as part of a broader wellness lifestyle, driving demand for quality almond protein products rich in nutrients with minimal additives. In contrast, Fitness Enthusiasts are emerging as a crucial segment, motivated by the need for effective recovery solutions and dietary supplements that enhance performance. The information surrounding almond protein's effectiveness in supporting muscle gain and overall health is attracting more fitness-oriented consumers, suggesting that they will become a prominent force within the market.

Get more detailed insights about Almond Protein Market

Regional Insights

North America : Market Leader in Almond Protein Market

North America is the largest market for almond protein, holding approximately 45% of the global share. The region benefits from a growing health-conscious consumer base, increasing demand for plant-based proteins, and supportive regulatory frameworks promoting sustainable agriculture. The U.S. and Canada are the primary contributors to this growth, driven by innovations in food technology and rising awareness of the nutritional benefits of almond protein. The competitive landscape in North America is robust, featuring key players such as Blue Diamond Growers, ADM, and The Wonderful Company. These companies are investing in research and development to enhance product offerings and cater to diverse consumer preferences. The presence of established distribution channels further strengthens market penetration, making North America a focal point for almond protein innovations.

Europe : Emerging Market for Plant Proteins

Europe is witnessing a significant rise in the almond protein market, accounting for approximately 30% of the global share. The demand is driven by increasing consumer awareness regarding health and wellness, alongside a shift towards plant-based diets. Regulatory support for sustainable food production and environmental initiatives further catalyze market growth. Countries like Germany and the UK are leading this trend, with a growing number of consumers opting for almond protein as a nutritious alternative. The competitive landscape in Europe is characterized by a mix of local and international players, including Kerry Group and Olam International. These companies are focusing on product innovation and sustainability to meet the evolving consumer demands. The presence of stringent food safety regulations ensures high-quality standards, fostering consumer trust and expanding market opportunities for almond protein products.

Asia-Pacific : Rapidly Growing Market Potential

Asia-Pacific is emerging as a significant player in the almond protein market, holding around 20% of the global share. The region's growth is fueled by increasing health awareness, rising disposable incomes, and a growing trend towards vegetarian and vegan diets. Countries like China and India are witnessing a surge in demand for plant-based protein sources, supported by government initiatives promoting health and nutrition. This shift is expected to drive further market expansion in the coming years. The competitive landscape in Asia-Pacific is evolving, with both local and international companies entering the market. Key players such as NutraBlend and Bunge Limited are focusing on product diversification and strategic partnerships to enhance their market presence. The region's diverse culinary preferences also present opportunities for innovative almond protein applications in various food products, catering to a wide range of consumer tastes.

Middle East and Africa : Emerging Market with Unique Challenges

The Middle East and Africa region is gradually developing its almond protein market, currently holding about 5% of the global share. The growth is driven by increasing health consciousness and a rising trend towards plant-based diets. However, challenges such as limited agricultural infrastructure and varying consumer awareness levels can hinder rapid growth. Countries like South Africa are leading the market, supported by government initiatives aimed at promoting sustainable agriculture and nutrition. The competitive landscape in this region is still in its nascent stages, with a few key players like Pioneer Foods making strides in the almond protein sector. The market is characterized by a growing interest in health foods, which presents opportunities for new entrants and innovations. As consumer preferences evolve, the almond protein market in the Middle East and Africa is poised for gradual growth, albeit with unique challenges to overcome.

Almond Protein Market Regional Image

Key Players and Competitive Insights

The Almond Protein Market is currently characterized by a dynamic competitive landscape, driven by increasing consumer demand for plant-based protein sources and the growing popularity of almond-derived products. Key players such as Blue Diamond Growers (US), Olam International (SG), and ADM (US) are strategically positioning themselves through innovation and regional expansion. Blue Diamond Growers (US) has focused on enhancing its product portfolio with new almond protein formulations, while Olam International (SG) emphasizes sustainable sourcing practices to appeal to environmentally conscious consumers. ADM (US) is leveraging its extensive distribution network to penetrate emerging markets, thereby shaping a competitive environment that is increasingly focused on sustainability and product differentiation.

In terms of business tactics, companies are localizing manufacturing to reduce costs and optimize supply chains. The Almond Protein Market appears moderately fragmented, with several key players exerting influence over various segments. This fragmentation allows for niche players to thrive, while larger companies consolidate their market share through strategic partnerships and acquisitions. The collective influence of these key players fosters a competitive structure that encourages innovation and responsiveness to consumer trends.

In August 2025, Blue Diamond Growers (US) announced a partnership with a leading health food brand to co-develop a new line of almond protein bars. This collaboration is significant as it not only expands Blue Diamond's product offerings but also enhances its visibility in the health-conscious consumer segment. Such partnerships are likely to drive growth and reinforce brand loyalty in a competitive market.

In September 2025, Olam International (SG) launched a new initiative aimed at improving the traceability of its almond supply chain. This move is crucial as it addresses growing consumer concerns regarding sustainability and ethical sourcing. By enhancing transparency, Olam positions itself as a leader in responsible sourcing, which may attract a broader customer base and strengthen its market position.

In October 2025, ADM (US) unveiled a new almond protein isolate product designed for use in plant-based meat alternatives. This strategic introduction reflects ADM's commitment to innovation and its response to the rising demand for plant-based protein solutions. By diversifying its product line, ADM is likely to capture a larger share of the growing plant-based market, further solidifying its competitive edge.

As of October 2025, the Almond Protein Market is witnessing trends such as digitalization, sustainability, and the integration of artificial intelligence in production processes. Strategic alliances are increasingly shaping the competitive landscape, enabling companies to pool resources and expertise. Looking ahead, competitive differentiation is expected to evolve, with a shift from price-based competition to a focus on innovation, technology, and supply chain reliability. Companies that can effectively leverage these trends will likely emerge as leaders in the market.

Key Companies in the Almond Protein Market market include

Industry Developments

Recent developments in the almond protein market indicate a growing consumer preference for plant-based protein sources, driven by health consciousness and sustainability concerns. Innovations in almond protein processing have improved the nutritional profile and functional properties, expanding applications in various food products, including beverages, snacks, and meat alternatives. Additionally, strategic partnerships between almond producers and food manufacturers are enhancing market reach and product diversification. Government initiatives promoting plant-based diets are further fuelling this trend, as more consumers seek alternatives to animal protein.

Furthermore, the increasing popularity of vegan and vegetarian diets, along with rising disposable incomes, is expected to drive demand for almond protein across regions. As the industry adapts to these evolving consumer preferences, developments in sustainable farming practices and technology will be crucial in maintaining supply chain efficiency and meeting the anticipated growth in market valuation.

Future Outlook

Almond Protein Market Future Outlook

The Almond Protein Market is projected to grow at a 7.32% CAGR from 2024 to 2035, driven by rising health consciousness, plant-based diets, and innovative product development.

New opportunities lie in:

  • Expansion into emerging markets with tailored almond protein products.
  • Development of fortified almond protein snacks targeting fitness enthusiasts.
  • Partnerships with food manufacturers for almond protein ingredient integration.

By 2035, the Almond Protein Market is expected to achieve robust growth, solidifying its position as a key player in the protein sector.

Market Segmentation

Almond Protein Market Source Outlook

  • Organic Almonds
  • Conventional Almonds

Almond Protein Market Application Outlook

  • Protein Supplements
  • Food & Beverages
  • Nutritional Products
  • Cosmetics

Almond Protein Market Product Form Outlook

  • Powder
  • Liquid
  • Bars
  • Snacks

Almond Protein Market Customer Segment Outlook

  • Health-Conscious Consumers
  • Fitness Enthusiasts
  • Vegan and Vegetarian Consumers
  • Food Manufacturers

Almond Protein Market Distribution Channel Outlook

  • Online Retail
  • Offline Retail
  • Direct Sales

Report Scope

MARKET SIZE 20242.744(USD Billion)
MARKET SIZE 20252.945(USD Billion)
MARKET SIZE 20355.969(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)7.32% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledMarket analysis in progress
Segments CoveredMarket segmentation analysis in progress
Key Market OpportunitiesRising consumer demand for plant-based protein sources drives growth in the Almond Protein Market.
Key Market DynamicsRising consumer demand for plant-based proteins drives innovation and competition in the almond protein market.
Countries CoveredNorth America, Europe, APAC, South America, MEA

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FAQs

What is the projected market valuation of the Almond Protein Market by 2035?

The Almond Protein Market is projected to reach a valuation of 5.969 USD Billion by 2035.

What was the market valuation of the Almond Protein Market in 2024?

In 2024, the Almond Protein Market had a valuation of 2.744 USD Billion.

What is the expected CAGR for the Almond Protein Market during the forecast period 2025 - 2035?

The expected CAGR for the Almond Protein Market during the forecast period 2025 - 2035 is 7.32%.

Which product form segment is anticipated to show significant growth in the Almond Protein Market?

The Powder segment is anticipated to grow from 0.823 USD Billion in 2024 to 1.845 USD Billion by 2035.

How do the sales of organic versus conventional almonds compare in the Almond Protein Market?

Sales of Conventional Almonds are expected to increase from 1.921 USD Billion in 2024 to 4.124 USD Billion by 2035, surpassing Organic Almonds.

What customer segment is likely to drive growth in the Almond Protein Market?

Health-Conscious Consumers are likely to drive growth, with their segment projected to rise from 0.823 USD Billion in 2024 to 1.845 USD Billion by 2035.

Which distribution channel is expected to see the highest growth in the Almond Protein Market?

The Offline Retail channel is expected to grow from 1.098 USD Billion in 2024 to 2.469 USD Billion by 2035.

What applications are driving the Almond Protein Market's growth?

Protein Supplements and Food & Beverages are driving growth, both projected to increase from 0.823 USD Billion in 2024 to 1.845 USD Billion by 2035.

Who are the key players in the Almond Protein Market?

Key players in the Almond Protein Market include Blue Diamond Growers, NutraBlend, Bunge Limited, and Olam International.

What trends are influencing the Almond Protein Market in 2025?

Trends such as the rise of veganism and increased health awareness among consumers are influencing the Almond Protein Market in 2025.

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