Almonds are available in 2 types, which are, with the outer shell and without the outer shell. Almonds are a significant part of our diet owing to its nutritional benefits such as, it has high levels of Vitamin E, it is very low in sodium and cholesterol, a good source of magnesium, manganese, zinc, and riboflavin which acts as a key reason for boosting the demand for almond with shell snacks. Growing consumer preferences for tasty as well as healthy and nutritious snacks fuel the demand for Almond with Shell Snack Market owing to the health-conscious mindset of the consumers.
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The almond with shell snack is available in organic and conventional form. Owing to the increase in demand for innovative products from the consumer’s side the market participants are indulged in experimenting and launching new products with a variety of flavors in the almond with shell market to cater to the consumer demands. North America and European market are expected to witness a steady growth in the demand for almond with shell snack over the forecast period.
Growth in consumption of convenience food and increasing health consciousness is driving the Global Almond with Shell Snack Market:
In the present global scenario, the consumption of convenience food is rising at a rapid rate owing to the fast moving lives of consumers which is anticipated to fuel the demand for almond with shell snack in the market. Consumer’s elevation towards the health conscious trends is also one of the major contributing factors to drive the almond with shell snack market. Almond possess various nutritional properties and health benefits which is a key reason in encouraging the consumer preference for almond with shell snack over other snacks. The consumers are moving towards a very busy and hectic lifestyle which is a major reason for them in neglecting their health. In this scenario, almond with shell acts as a boon for them as it helps to cater to both their demands of tasty convenience snack and healthy and nutritious diets thereby complementing the growth of almond with shell snack market.
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Most of the manufacturers operating in the almond with shell snack market are private label owing to the reason that almond with shell snack market is a very fragmented market. Some of the few market participants are Bobalu Nuts Inc., Satvikk.co, and Nuts.com.
Opportunities for Almond with Shell Snack Market Participants:
The global demand for almond with shell snack is witnessing a steady growth owing to a sudden change in snacking habits of the consumers and increasing awareness about the health benefits of almond with shell snacks. Furthermore, the rising demand for organically produced and naturally sourced products offers vast growth opportunities for the supply side participants in the almond with shell snack market forcing them to offer multiple ranges of almond with shell snacks. The rise in the consumption also aids to the fuelling demand of the almond with shell snack. Increase in the per capita disposable income of the consumers in the developing regions is leading them to spend more on health and wellness products which complements the growth in demand for almond with shell snack in the market over the forecast period.
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