• The global almond flour market is projected to reach USD 1.2–1.4 billion in 2024 with a CAGR of 6–9% through the early 2030s, driven by increasing consumer demand for gluten-free and low-carb products.

• Key strengths include strong brand presence from leaders like Blue Diamond Growers and a versatile product offering that supports premium pricing, particularly in the blanched almond flour segment.

• Major threats include allergenicity limiting market reach, price volatility of raw almonds affecting margins, and intensifying competition from alternative gluten-free flours and novel plant proteins.

• Opportunities for growth lie in geographic expansion into Asia-Pacific, product innovation with functional blends, and leveraging sustainability to attract health-conscious consumers, particularly Gen Z and Millennials.

SWOT (Market-Level)

Almond Flour SWOT (Market-Level): 2025 Industry Analysis

Executive summary

The global almond flour market continues to expand on the back of structural consumer shifts toward gluten-free, low-carb, and plant-forward eating, with strong participation from established North American brands and rapidly professionalizing global supply chains. Market sizing varies by source and scope, but recent estimates cluster around USD 1.2–1.3 billion in 2024 for the overall category, with mid- to high-single-digit to low-double-digit CAGR projections through the early 2030s. Blanched almond flour, a higher-value subsegment, is sometimes reported on separately, producing larger headline figures when scoped narrowly to premium channels. While demand fundamentals remain favorable, the market faces notable vulnerabilities: allergenicity restricts addressable demand; raw almond price volatility compresses margins; regulatory and labeling requirements impose compliance costs; and competition from alternative gluten-free flours and emerging lower-allergen plant proteins is intensifying. Overall, the market’s strengths and opportunities outweigh its weaknesses and threats, but disciplined price-risk management, regulatory excellence, and portfolio innovation (including functional blends and regionally tailored formats) are now prerequisites for sustaining growth and share.

Market outlook in brief: Multiple independent sources point to continued growth, though with different baselines and CAGRs reflecting methodological scope and segmentation choices. This report synthesizes these viewpoints and presents a market-level SWOT to guide strategy.

Market context and size

• Expert Market Research (EMR) estimates the global almond flour market attained USD 1,213.63 million in 2024 and projects a 9.2% CAGR to reach USD 2,926.26 million by 2034, highlighting robust demand from “better-for-you” and gluten-free trends (Expert Market Research, 2024). (Expert Market Research, 2024)

• Research and Markets (R&M) reports a 2024 market size of USD 1.34 billion with a forecast to USD 2.32 billion by 2033 at a 5.95% CAGR, which is directionally consistent but more conservative than EMR (Research and Markets, 2025). (Research and Markets, 2025)

• The Insight Partners (TIP) earlier found the category was valued at USD 877.95 million in 2018 and projected USD 1,624.12 million by 2027, implying a historical CAGR in the 8% range and supporting the market’s steady expansion profile (The Insight Partners, 2027). (The Insight Partners, 2027)

• A blanched-almond-flour-focused report (Market Report Analytics) cites an estimated USD 3.8 billion value in 2024 for that subsegment; differences likely reflect scope (premium SKUs and industrial channels), methodology, and inclusion of related product formats (Market Report Analytics, 2025). (Market Report Analytics, 2025)

To reconcile these viewpoints: the consolidated almond flour category is plausibly USD 1.2–1.4 billion in 2024 on a global basis, with 6–9% CAGR into the next decade. Higher figures for blanched-only segments underscore the premiumization potential but also the variability introduced by divergent definitions and channel coverage across market studies (Research and Markets, 2025; Expert Market Research, 2024; Market Report Analytics, 2025). (Research and Markets, 2025; Expert Market Research, 2024; Market Report Analytics, 2025)

Key demand drivers

• Sustained growth in gluten-free, keto, and paleo dietary patterns; almond flour is “naturally gluten-free” and often positioned as higher-protein than conventional wheat flour (Research and Markets, 2025). (Research and Markets, 2025)

• Broader “better-for-you” and plant-based consumption, including home baking, foodservice, and industrial bakery/confectionery use (Expert Market Research, 2024; Market Report Analytics, 2025). (Expert Market Research, 2024; Market Report Analytics, 2025)

• Maturity and distribution strength in North America and Europe, with growing potential in Asia–Pacific as purchasing power and awareness rise (Market Report Analytics, 2025). (Market Report Analytics, 2025)

Supply-side and competitive backdrop

• Blue Diamond Growers (BDG), a major global almond handler and brand owner (e.g., Almond Breeze), underscores professionalized scale and innovation velocity in the category; the cooperative reportedly expanded blanched almond flour capacity to address rising demand (WBA profile; Market Report Analytics, 2025). (World Benchmarking Alliance, n.d.; Market Report Analytics, 2025)

• Competitive field features strong North American brands and diversified ingredient suppliers (e.g., King Arthur, Bob’s Red Mill, NOW Foods, Olam/Treeline/TREEHOUSE), leading to healthy rivalry and innovation in formats, blends, and channel strategies (Research and Markets, 2025; The Insight Partners, 2027). (Research and Markets, 2025; The Insight Partners, 2027)

• The market is characterized as niche but scaling, offering room for SMEs to specialize and command premium pricing in differentiated offerings (Straits Research, 2025). (Straits Research, 2025)

SWOT analysis (market-level)

Table 1. Almond flour market SWOT matrix (2025)

Strengths

1. Health-and-wellness fit and consumer pull
   Almond flour sits at the confluence of three enduring eating patterns: gluten-free (medically necessary and lifestyle), low-carb (keto/paleo), and clean-label home baking. As R&M notes, almond flour is a gluten-free flour alternative with comparatively higher protein content versus wheat flour, which keeps it top-of-mind for reformulations and at-home use alike (Research and Markets, 2025). (Research and Markets, 2025)

2. Professionalized leaders with scale and innovation
   Blue Diamond Growers exemplifies an integrated model from grower cooperative to branded consumer products, with global distribution of almond-based snacks and flours; capacity expansions in blanched flour signal category confidence and service levels for B2B and retail channels (World Benchmarking Alliance, n.d.; Market Report Analytics, 2025). (World Benchmarking Alliance, n.d.; Market Report Analytics, 2025)

3. Versatility and premiumization via blanched segment
   Blanched almond flour (skin removed) enables lighter color, softer crumb, and broader pastry applications; market research has tracked accelerated growth and premium pricing in this subsegment, which can underpin category value mix (Market Report Analytics, 2025). (Market Report Analytics, 2025)

4. Testing harmonization supports trust and compliance
   NIST’s RM 8404 (blanched almond flour) for allergen detection helps laboratories and manufacturers calibrate assays and maintain method harmonization, which is vital to allergen labeling accuracy and brand protection in nut-containing supply chains (NIST, 2021). (National Institute of Standards and Technology, 2021)

Weaknesses

1. Allergenicity limits TAM and raises costs
   Tree-nut allergens exclude a meaningful share of potential consumers and require robust segregation, validated cleaning, and precise labeling. Market analysts explicitly list allergenicity as a material restraint on demand expansion in almond flour (Market Report Analytics, 2025; NIST, 2021). (Market Report Analytics, 2025; National Institute of Standards and Technology, 2021)

2. Raw material price volatility and margin compression
   Reports highlight that fluctuating almond prices elevate input costs and can erode margins or force retail price hikes, risking trade-down to alternative gluten-free flours (Market Report Analytics, 2025). (Market Report Analytics, 2025)

3. Operational intensity and scaling challenges
   Blanching, fine milling, and food-safety controls (including allergen management) add CAPEX/OPEX. Post-pandemic supply chain dislocations and inflation have at times narrowed margins despite steady demand (Research and Markets, 2025). (Research and Markets, 2025)

Opportunities

1. Asia–Pacific expansion and channel optimization
   Although North America and Europe are mature with extensive distribution, Asia–Pacific presents “considerable future potential” as awareness and purchasing power increase; prioritizing modern retail and e-commerce in APAC can compound growth (Market Report Analytics, 2025). (Market Report Analytics, 2025)

2. Functional blends and application-specific SKUs
   Reports recommend innovation in blends (e.g., almond flour with pulses, fibers, or other nut flours) to enhance nutrition, functionality (e.g., emulsification, water-holding), and cost stability—benefiting bakery/confectionery reformulations and home baking (Market Report Analytics, 2025). (Market Report Analytics, 2025)

3. Sustainability and ethical sourcing differentiation
   “Focus on sustainably and ethically sourced almonds” is cited as a growth lever; brands that invest in traceability and environmental assurances can capture loyalty from Gen Z/Millennial consumers (Market Report Analytics, 2025). (Market Report Analytics, 2025)

4. B2B growth in bakery and confectionery
   The food manufacturing segment (industrial bakery and confectionery) is described as the largest and a sustained demand anchor due to volume consumption; standardized quality specifications and supply reliability are key to increasing share in these channels (Market Report Analytics, 2025). (Market Report Analytics, 2025)

Threats

1. Competing gluten-free flours and novel proteins
   Competition from other nut- and grain-based flours (e.g., coconut, oat, rice) is intensifying. Additionally, novel plant proteins like baru (Dipteryx alata)—sometimes marketed as “baru almond”—show promising emulsification, foaming, and balanced amino-acid profiles, and may be positioned as lower-allergen alternatives pending further confirmation; this could gradually displace almond flour in certain functional applications or “clean-label” blends (Cardoso et al., 2024). Note: baru is botanically distinct from almond (Prunus dulcis) but competes for overlapping use-cases in plant-based foods (Cardoso et al., 2024). (Cardoso et al., 2024)

2. Regulatory and labeling complexity
   New or evolving allergen labeling expectations (e.g., amplified scrutiny of cross-contact controls) add compliance overhead and execution risk. Market monitoring reports flag allergen regulation updates as a factor to manage—raising the bar on QA/QC and documentation (Market Report Analytics, 2025). (Market Report Analytics, 2025)

3. Supply chain risk and input inflation
   Analysts cite periodic supply chain disruptions, tariff/trade changes, and sustained inflation in key markets as structural restraints for the category—constraining price elasticity and profitability (Research and Markets, 2025). (Research and Markets, 2025)

Market size triangulation and segmentation signals

Table 2. Selected market size and growth estimates

EMR’s higher growth outlook likely incorporates continued penetration of retail and e-commerce alongside sustained industrial uptake, whereas R&M’s conservative CAGR may reflect price normalization and competitive pressures from substitutes. TIP’s historical framing corroborates a long-running mid- to high-single-digit growth cadence. The MRA blanched figure suggests premium subsegments can scale faster and price higher, though cross-study comparability is limited by scope differences (Expert Market Research, 2024; Research and Markets, 2025; The Insight Partners, 2027; Market Report Analytics, 2025). (Expert Market Research, 2024; Research and Markets, 2025; The Insight Partners, 2027; Market Report Analytics, 2025)

Competitive dynamics and key players

• Dominant and widely recognized brands include Blue Diamond Growers, King Arthur Baking Company, and Bob’s Red Mill, each leveraging strong brand equity, retail presence, and product development capabilities; ingredient suppliers and co-manufacturers (e.g., Olam and Treehouse) enhance B2B coverage and reliability (Market Report Analytics, 2025; Research and Markets, 2025). (Market Report Analytics, 2025; Research and Markets, 2025)

• BDG’s scale, grower base (3,000+ almond growers), and global portfolio position it as a bellwether for capacity and quality systems, which is particularly relevant for allergen management and international regulatory compliance (World Benchmarking Alliance, n.d.). (World Benchmarking Alliance, n.d.)

Regulatory and quality landscape

• Allergen detection and quantification: NIST RM 8404 (blanched almond flour) is intended to harmonize measurement of allergenic almond proteins, acknowledging source/pre-treatment variability and processing effects (baking/boiling/frying) on composition—critical to accurate labeling and risk management across supply chains (National Institute of Standards and Technology, 2021). (National Institute of Standards and Technology, 2021)

• Market watchers underscore that regulatory and compliance management remain live risk factors, and companies that systematize validation, documentation, and transparent communications can convert compliance excellence into B2B and retail trust advantages (Research and Markets, 2025; Market Report Analytics, 2025). (Research and Markets, 2025; Market Report Analytics, 2025)

Strategic implications and recommendations

Based on the synthesized evidence, the following market-level strategies are recommended:

• Hedge raw material risk and stabilize pricing: Secure diversified almond supply, deploy multi-year contracts where prudent, and complement portfolios with functional blends (e.g., pulse proteins, fibers) to dilute input volatility while enhancing nutritional/functionality claims (Market Report Analytics, 2025). (Market Report Analytics, 2025)

• Double down on regulatory and allergen compliance excellence: Leverage reference materials (e.g., NIST RM 8404) and third-party validations to reinforce labeling accuracy and cross-contact controls—convert compliance into a customer-facing trust asset, especially in B2B (National Institute of Standards and Technology, 2021). (National Institute of Standards and Technology, 2021)

• Innovate with application-specific SKUs: Tailor particle size, fat levels, and blends to specific bakery/confectionery needs; build ready-to-formulate solutions for OEMs/industrial bakers to lower reformulation friction and lock in volumes (Market Report Analytics, 2025). (Market Report Analytics, 2025)

• Pursue geographic adjacencies: Prioritize Asia–Pacific with e-commerce-forward strategies, local partnerships, and education on gluten-free baking; adapt pack sizes and price points to regional preferences (Market Report Analytics, 2025). (Market Report Analytics, 2025)

• Monitor and respond to substitute innovation: Track functional advances in alternative flours and proteins (e.g., baru protein emulsification and foaming) and pre-emptively incorporate complementary ingredients where they enhance performance or address allergen concerns, maintaining almond flour’s central role within blends (Cardoso et al., 2024). (Cardoso et al., 2024)

Regional outlook

• North America and Europe: Mature markets with entrenched category awareness, broad retail coverage, and strong brand portfolios; emphasis should be on margin discipline, premiumization, and channel optimization (Research and Markets, 2025; Market Report Analytics, 2025). (Research and Markets, 2025; Market Report Analytics, 2025)

• Asia–Pacific: High potential via urban retail, digital grocery, and bakery sector modernization; localized marketing and education can accelerate adoption (Market Report Analytics, 2025). (Market Report Analytics, 2025)

• Middle East & Africa and Latin America: Targeted opportunities in upper-income urban clusters and health-conscious niches; partnerships with regional distributors/retailers can de-risk entry (Research and Markets, 2025). (Research and Markets, 2025)

Conclusion and informed opinion

On balance, the almond flour market’s intrinsic strengths—health-aligned positioning, versatile functionality, and support from scaled, capable leaders—combine with credible growth vectors (APAC expansion, functional blends, B2B reformulation) to sustain a healthy trajectory through the next decade. The principal market-level weaknesses (allergenicity, input cost volatility) and threats (substitute competition, regulatory complexity) are manageable with disciplined execution: supply hedging, compliance excellence, and targeted innovation. Given the triangulated size range (~USD 1.2–1.4 billion in 2024) and CAGRs of ~6–9%, a prudent base case is mid-single- to high-single-digit annual growth through 2033–2034, with upside contingent on successful geographic expansion and resilient input cost management. Firms that operationalize allergen control leadership, co-develop application-specific solutions with industrial customers, and credibly differentiate on sustainability are best positioned to convert category growth into durable share gains (Research and Markets, 2025; Expert Market Research, 2024; World Benchmarking Alliance, n.d.). (Research and Markets, 2025; Expert Market Research, 2024; World Benchmarking Alliance, n.d.)

References

• Cardoso, C. A. L., et al. (2024). Baru proteins: Extraction methods and techno-functional properties for sustainable nutrition and food innovation. Nutrients, 16(XX), Article PMC12026944. National Center for Biotechnology Information. https://pmc.ncbi.nlm.nih.gov/articles/PMC12026944/

• Expert Market Research. (2024). Almond flour market size, share, growth - Industry demand, report and forecast 2025–2034. https://www.expertmarketresearch.com/reports/almond-flour-market

• Market Report Analytics. (2025). Blanched almond flour future-proof strategies: Market trends 2025–2033. https://www.marketreportanalytics.com/reports/blanched-almond-flour-257937

• National Institute of Standards and Technology. (2021, November 23). Safety data sheet: RM 8404 Almond Flour for Allergen Detection. https://tsapps.nist.gov/srmext/msds/8404-MSDS.pdf

• Research and Markets. (2025). Almond flour market size, competitors, trends & forecast. https://www.researchandmarkets.com/report/almond-flour

• Straits Research. (2025). Almond flour market growth, trends and forecast to 2031. https://straitsresearch.com/report/almond-flour-market

• The Insight Partners. (2027). Almond flour market report: Size, share, growth & scope 2027. https://www.theinsightpartners.com/reports/almond-flour-market

• World Benchmarking Alliance. (n.d.). Blue Diamond Growers. Assessing the world’s 350 most influential food and agriculture companies. https://www.worldbenchmarkingalliance.org/publication/food-agriculture/companies/blue-diamond-growers-2

Frequently Asked Questions

What is the current market size of the almond flour industry?

The global almond flour market is estimated to be between USD 1.2 billion and USD 1.4 billion in 2024, with projections indicating a compound annual growth rate (CAGR) of approximately 6-9% through the early 2030s.

What are the key strengths of the almond flour market?

Key strengths include strong alignment with health trends such as gluten-free and low-carb diets, established brands like Blue Diamond Growers that support innovation and scale, and versatile applications across various baking and cooking segments.

What weaknesses does the almond flour market face?

The market faces significant weaknesses, including allergenicity that limits the addressable market and increases compliance costs, as well as raw almond price volatility that can compress margins and affect retail pricing stability.

What opportunities exist for growth in the almond flour market?

Opportunities for growth include geographic expansion into the Asia-Pacific region, product innovation with functional blends, and increased B2B sales in commercial baking and foodservice sectors, particularly as consumer demand for gluten-free options rises.

What threats could impact the almond flour market?

Threats include intensifying competition from alternative gluten-free flours and lower-allergen plant proteins, regulatory challenges related to allergen labeling, and potential supply chain disruptions that could affect pricing and availability.

How does the almond flour market compare to alternative gluten-free flours?

The almond flour market is currently facing competition from various gluten-free alternatives such as coconut, oat, and rice flours. Additionally, emerging lower-allergen proteins may pose a substitution threat if they gain traction in similar applications.

What strategic recommendations are suggested for stakeholders in the almond flour market?

Stakeholders are advised to focus on hedging raw material risks, enhancing regulatory compliance, innovating with application-specific products, and pursuing geographic expansion, particularly in the Asia-Pacific region, to capitalize on growth opportunities.