Almond extract is a concentrated condensed liquid that is extracted from almond oil combining with ethyl, and is used as a flavoring agent in the food & beverage industry. Ethyl alcohol in almond extract helps to create a stable flavoring agent that lasts for a longer period. As categorized by the U.S. Food & Drug Administration, almond is distinguished as “pure extract” and “natural extract.” The major difference between the extracts is pure almond extract is made from bitter almonds, whereas natural almond extract is made from caccia bark. Almond extract is widely applicable across bakeries and confectionaries in baking almond-flavored cookies and adding almond flavor to cakes and pastries. In addition, almond extracts are widely used by the cosmetic industry, as almonds provide nutrients to the hair and it has high moisturizing properties.
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Nielsen-Massey Vanillas, McCormick & Company, Queen Fine Foods, Waitrose, Simply Organic, Beanilla, Frontier Co-op., Cook Flavoring Company, Lochhead Manufacturing Co., and OliveNation
Beauty & personal care manufacturers have found new & advanced utilization of almond extract in their skin & hair care ingredients. The use of almond extract in the cometic has proved to moisturize the skin for a prolonged period and reduce the sign of aging. Forlle’d is a Japanese cosmeceuticals companies that manufacture skincare products for anti-aging and skin restructuring. Forlle’d has found almond extract protein when applied to skin provide a significant reduction in depth and number of wrinkles and smoothen them. “Hyalogy Lift Cream” by Forlle’d that contains almond extract proteins helps in reducing the wrinkles on the face, increases the elasticity of facial skin, and prevents the corneal layer shear stress.
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Key Benefits of the Report
- This study presents the analytical depiction of the global almond extract industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global almond extract market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global almond extract market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global almond extract market analysis depending on competitive intensity and how the competition will take shape in coming years.
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