, March 09, 2018 ) The North America Almond Kernels Market
was worth USD XX million in 2016 and estimated to be growing at a CAGR of XX%, to reach USD XX million by 2021. Almond Kernels are a type nuts that are beneficiary for health.
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The fruit of an almond is a drupe which consists of an outer hull and a hard shell covering the seed or kernel. The process of removal of shell of an almond is termed shelling, and the almonds are sold shelled or unshelled. There are two types of almonds. Sweet and bitter tasting almonds. They are consumed directly or used in sweets and confectionary. Almond Kernels are also used in cosmetics.
Factors and trends impacting the market:
Primary factors accounted for driving the market are increasing awareness regarding the health benefits and uses in functional and fortified foods, increasing use in skin care cosmetics and increasing consumption by health conscious individuals. However, factors like expensive prices, cultivating complexities and health issues regarding excessive consumption are hindering the growth of market.
Segmentation of the Market:
The North America market for Almond Kernels is segmented based on Type and Application. Based on Type it is divided into Sweet Type and Bitter Type. Based on Application it is divided into Food and Beverages, Pharmaceuticals, Cosmetics and Others. Based on geographical analysis, the market is divided into regions of United States of America and Canada. USA holds the major share in the market due to presence of market leaders as well as a sophisticated food industry and almond’s extensive use in food products. USA is also the fastest growing region due to increasing demand and product innovation and increasing disposable income. Based on Application Food application is the most widespread due to increasing demand for fortified and functional foods while pharmaceutical segment is expected to grow the fastest due to increasing expenditure on drug discovery and development. Based on Type Sweet Almonds are mostly preferred for food and beverage purposes.
Key Players of the Market:
Some of the key players dominating this market include Malyata Apricot, Chitree, Wani Fruit, Royal Rifco, The Raw Chocolate, Hebei Longwangmao, Hebei Yongdeheng, Swanson, Hunza Apricot Kernels, Yesraj Enterprises.
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Food and Beverage
Scope of the Report:
• Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms type, Application along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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