Almond Market Set to Grow at 7.20% CAGR Through 2031 Amid Rising Plant-Based Food Demand
According to Mordor Intelligence, the almond market size is projected to expand from USD 8.71 billion in 2026 to USD 12.33 billion by 2031, registering a CAGR of 7.20% between 2026 and 2031. Growth is being supported by strong plant-based dairy uptake, rising middle-class demand in Asia, premium ingredient applications in Europe, and vertically integrated processing in California. Meanwhile,...
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