According to a new report, published by KBV research, The Global Badaam (Almond with Shell) Snack Market size is expected to reach $4.4 billion by 2031, rising at a market growth of 4.5% CAGR during the forecast period.
Innovation plays a crucial role in the evolution of the Badaam (Almond with Shell) Snack Market, driving growth and shaping consumer preferences. Innovation in flavor profiles is a significant trend in the Badaam (Almond with Shell) Snack Market. Manufacturers are expanding beyond traditional roasted almonds to include various flavor options. New flavors such as spicy sriracha, tangy barbecue, sweet cinnamon, and exotic herbs cater to diverse consumer tastes. By offering a variety of flavors, brands are appealing to different market segments and keeping the product line fresh and exciting.
The Roasted segment led the Global Badaam (Almond with Shell) Snack Market by Product Type in 2023; thereby, achieving a market value of $1.6 Billion by 2031. Roasting enhances the flavor and texture of almonds, making them more appealing to consumers. Roasted badaam (almond with shell) are often perceived as having a richer, more intense taste than raw badaam (almond with shell).
The Supermarkets & Hypermarkets segment is growing at a CAGR of 3.7 % during the forecast period. Supermarkets and hypermarkets attract a diverse and large number of customers daily. They serve as a one-stop shop for various needs, including groceries, snacks, and health products, making them a prime location for selling badaam (almond with shell) snacks.
Full Report: https://www.kbvresearch.com/badaam-snack-market/
The Asia Pacific region dominated the Global Badaam (Almond with Shell) Snack Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1.6 Billion by 2031. The Europe region is anticipated to grow at a CAGR of 3.8% during (2024 - 2031). Additionally, The North America region would witness a CAGR of 4% during (2024 - 2031).
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