Market Outlook

Consumption of almonds has beneficial effects on blood glucose level with type 2-diabetes. It significantly improves fasting levels of glucose, insulin sensitivity, LDL-cholesterol. When compared to other nuts, almond is particularly rich in fiber which is mainly present in the peel of almond. The natural almond peel which is present in raw almonds and the blanched peel which is a by-product of almond processing industry are equally recognized as useful ingredients in the food industry. The almond peel extract is useful for controlling the oxidative process in food products. Changing lifestyles have led the food industry and researchers to develop functional foods and determine the functional value of traditional foods. As the consumers have turned to processed foods or ready to eat food without compromising food taste and nutritional value. The rising demand for processed food is creating pressure on the manufacturers to provide food with all possible natural products. Hence, the almond peel extract is expected to grow its demand in the market over the forecast period. Almond peel extract is being considered as potential prebiotics and is anticipated to increase its application in dietary supplements. Almond is widely being used in cosmetics, multiple skin care and personal care products. Therefore the market of almond peel extract is expected to grow in cosmetics and personal care products.

Almond Peel Extract is expected to Gain Traction in Nutraceuticals

Almond peel extract is potential prebiotics which modulates the colonic microbiota. They are characterized by gastrointestinal absorption, their resistance to gastric acidity and hydrolysis by mammalian enzymes. Almond peel extract causes selective stimulation of the growth of intestinal bacteria which are associated with well-being and health. Almond peel is polyphenols, which are associated with protective agents which protect against cancer and cardiovascular disease. Almond peel extract contains flavonoids, whose biological effects include anti-inflammatory, antiviral, and mutagenic, anticancer activities. The polyphenols present in almond peel extract are active components as antimicrobials against few foodborne pathogens. This opens its way to pharmaceutical market after more research studies take place. There is an increase in efforts trying to avoid food with chemical preservatives, the demand for natural and minimally processed ingredients is also attributed to use of almond peel extract in food and dietary supplements.

Want to know the obstructions to your company’s growth in future? Request a brochure here

Almond Peel Extract Market Segmentation

On the basis of nature, the almond peel extract market has been segmented as-

  • Organic
  • Conventional

On the basis of application, the almond peel extract market has been segmented as-

  • Dietary Supplements
  • Animal Feed
  • Cosmetics
  • Food & Beverages
  • Others (nutraceutical, etc.) 

Almond Peel Extract Market: Key Players

The manufacturers of almond extract and almond processing industry are expected to enter the market of almond peel extract. The entrance of the key player of almond processing industry into the market of almond peel extract will make the market competitive over the forecast period. Few of the player operating in almond peel extract market are Blue Diamond Growers, Inc., Frontier Co-op., Waitrose & Partners, Dr. Oetker Australia Pty. Ltd.

Looking for exclusive market insights from business experts? Request a Custom Report here

Almond Peel Extract Market Opportunities

The almond peel extract is yet in the introductory phase and therefore creating awareness among consumers about its benefits is important. The manufacturers are expected to focus on the creative advertisement of the products manufactured from the almond peel extract. Collaborations with other food companies to introduce new and flavorful recipes that involve use of almond peel extract as one of the ingredient can also help increase almond peel extract demand among consumers. Better technologies and standardization of extraction methods will provide better product yield of almond peel extract and thus would support manufacturers to meet consumers demand. The market of North America is anticipated to be an opportunistic market for almond peel extract due to the highest utilization and production of almonds in this region.  This is likely to create a growth opportunity for the manufactures of almond peel extract to expand their distribution network.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Almond Peel Extract Market

Pre Book