Middle East And Africa Almond Kernels Market

Middle East and Africa Almond Kernels Market Size (2024 to 2029)

As per our analysis report, Middle East and Africa Almond Kernels Market is expected to reach USD 0.75 billion by 2029 from USD 061 billion in 2024, growing at a compound annual growth rate (CAGR) of 4.42% during the forecast period.

MARKET OVERVIEW

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 removing the shell of almonds 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. Almond Kernels are type nuts that are beneficiary for health. 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 the market.

This research report on the Middle East and Africa Almond Kernels market has been segmented and sub-segmented into the following categories.

Middle East and Africa Almond Kernels Market By Type

• Sweet Type
• Bitter Type

Middle East and Africa Almond Kernels Market By Application

• Food and Beverages
• Pharmaceuticals
• Cosmetics 

Based on Application Food application is the most widespread due to increasing demand for fortified and functional foods while the 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.

Middle East and Africa Almond Kernels Market By Country

• KSA
• UAE
• Israel
• rest of GCC countries
• South Africa
• Ethiopia
• Kenya
• Egypt
• Sudan
• rest of MEA

The Middle East holds the major share in the market due to the presence of market leaders as well as a sophisticated food industry and almond’s extensive use in food products. The Middle East is also the fastest-growing region due to increasing demand and product innovation and increasing disposable income.

KEY MARKET PLAYERS

The major key players in the Middle East and Africa Kernels market are Malyata Apricot, Chitree, Wani Fruit, Royal Rifco, The Raw Chocolate, Hebei Longwangmao, Hebei Yongdeheng, Swanson, Hunza Apricot Kernels, Yesraj Enterprises, and others.