Seeking to tap the growing almond market in India, the US is employing several innovative methods such as promoting the nuts as a healthy snack, conducting health research, and focussing on festivals, wedding ceremonies, and the food processing industry to boost sales in the country.
According to the Almond Board of California (ABC), direct almond shipments to India surged to a record high in 2016-17 at 167 million pounds making it the second largest export destination behind Spain at 210 million pounds. The shipments grew by 68 per cent between 2011-12 and 2017-18.
In order to sustain that robust growth, the board is focussing on families, gifts during festivals such as Diwali and wedding ceremonies, and the food processing Industry, said ABC President and CEO Richard Waycott.
"The way forward is to continue to do more research in the country," he said.
"Almonds have been consumed over centuries in India because of the traditional knowledge and beliefs. Lately, we are beginning to see consumers looking for healthy snacks and almonds is one of the options which is getting picked up," Sudarshan Mazumdar, ABC Regional Director - India told PTI.
He added that the board was aiming at educating consumers about the almond health benefits and various ways of consuming them.
"Almonds continue to be a popular traditional gift particularly during the festival of Diwali and during the wedding season," said Mazumdar.
The ABC is looking at utilising the opportunities to increase the frequency of consumption amongst people in India who eat almonds between several times a week to several times a month, said Emily Fleishman, Senior Director, Global Marketing, ABC.
She said that snacking is forecasted to become a one billion rupee industry in India by 2024. Promoting almonds as a healthy snack will boost the sales.
Waycott said that over USD 26 million was spent globally in the last 23 years on research activities, resulting in the publication of over 160 research papers in various journals.
Mazumdar noted that "nutrition research helps us in understanding in-depth the role of almonds in our daily diet and the lesser known health benefits it offers. However, the board is not involved in any commercial transactions."
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
