Almond (Prunus dulcis) is a native tree from the Mediterranean and southwestern Asia regions, which belongs to the rose family (Rosaceae). Its fruit produces a seed which is the edible part of the plant. The seed is enclosed in a hard shell which is removed and usually used to feed livestock. The crop has a healthy growing environment in Mediterranean climates between 28° and 48° N, and between 20° and 40° S. There are many ways to consume almonds, including by blanching, roasting or as it is. The nuts are exceptionally nutritious, with high amounts of protein and fat along with other nutrients in small amounts, including biotin, monounsaturated fats, fibre, calcium, iron, magnesium, phosphorus, and vitamins A, B complex, and E. It also contains hints of Phytonutrients, copper and certain flavonoids, plant sterols, and phenolic acids.
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The most significant almond exporters are the U.S., Spain, Australia, Germany, and the United Arab Emirates, while the biggest importers of almonds are Germany, Spain, Italy, France, and the Netherlands.
Key Details About the Almond Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Almond price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Almond Price chart, including India Almond price, USA Almond price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Almond Price Trend:
The demand for almonds is mostly propelled by its increasing popularity and consumption among consumers, which is driving its market sales. The nut is full of nutrients and has great nutritional value, which makes it immensely popular among health-conscious consumers. In addition, the swift shift to healthy snacking and rising disposable incomes etc., are factors pushing the market growth forward. Also, other factors responsible for further expansion in the industry include the nuts usage in vegan and plant-based products like almond milk, which will likely boost the market sales.
Key Players:
- Blue Diamond Growers
- Wonderful Pistachios & Almonds LLC
- The Almond Company (Harris Family Enterprises)
- Mariani Nut Company
- Panoche Creek Packing
- Select Harvests Limited
News & Recent Development
- March 13, 2023– Due to the worse-than-ever weather conditions, the global production of almonds has declined, as per the International Nut and Dried Fruit Council (INC).
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