Wikipedia Article About Almond extract on Wikipedia Almond extract is a flavoring produced by the combining bitter almond oil with ethyl alcohol. Almond extract is also a popular substitute for vanilla extract among people with diabetes. Sweet almonds are used in marzipan, nougat, and macaroons, as well as other desserts. Almonds are a rich source of Vitamin E, containing 24 mg per 100 grammes. They are also rich in monounsaturated fat, one of the two "good" fats responsible for lowering LDL cholesterol.