Almonds power global growth in consumer product categories
Almonds rank number one in global new product introductions, outpacing total nut introductions
According to new data from Innova Market Insights, almonds experienced double-digit growth (+13 percent) in 2019, with 12,206 new products with almonds introduced globally.
For the first time in the report’s history, dairy joined confectionery, snacks, bakery and bars as one of the top five categories for new product introductions with almonds, experiencing 19 percent growth (934 new products) compared to 2018. Dairy now holds an eight percent share of total new almond product introductions. Almonds have been the number one nut for new product introductions since 2006.