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Almonds Essay

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Almonds lead in product introductions as the leading nut type
Out of five most relevant categories for nut introductions, almonds are the leading nut type in cereals, confectionery and desserts & ice creams.

Mumbai, November 26 2014 – According to the latest Innova Market Insights Global New Products Report, Almonds are the leading nut type in cereals, confectionery and desserts & ice creams in India for 2013. In the category of bakery, almonds came a close second. As the number one ingredient nut for eight years running, almonds continue to lead new product introductions around the world and over multiple categories, widening the gap between other nuts.1

In India 30% of new nut related introductions in the category of confectionary were …show more content…

In 2013 over one-quarter (26%) of all nut introductions in India contained almonds.SudarshanMazumdar, India Regional Program Manager, Almonds Board of California, says, “Almonds are very popular with Indians and have been for centuries. People love almonds for their crunch, taste and the various health benefits attached to …show more content…

In 2013, almonds were the most popular nut for new product introductions in Latin America and North America, and second most popular in the Asia-Pacific region.1 Europe led all other regions in 2013 almond introductions with 3,922 new products in market.

Around the globe, almonds are the top nut introduced in bakery, cereal, dessert and ice cream products and are the second most popular nut in snacking. The snacking category, however, has experienced a record 52 per cent increase in global almond introductions, making snacks the category with the highest worldwide growth in 2013 (followed by the bakery and cereal sectors with 39 per cent and 37 per cent growth, respectively). Confectionary remains the leading sector for new almond introductions, with 30 per cent global share in 2013.1

“Almonds continue to grow in popularity every year and really stand out in nutritious snacking,” said Lu Ann Williams, Director of Innovation at Innova Market Insights. “A fit into so many of the top trends such as natural, simple, better-for-you and clean label, it’s no surprise that almonds are a go-to ingredient for top manufacturers today.”

Indian

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