One Stop Shop For Reports One Stop Shop For Reports
  • All Reports
  • All Sectors
    • Chemicals & Materials
      • Advanced Materials
      • Bulk Chemicals
      • Coatings | Paints and Additives
      • Composites
      • Renewable | Speciality chemicals
    • Consumer Goods
      • Baby Products
      • Consumer Electronics
      • Consumer Packaging
      • Cosmetics & Personal Care
      • Homecare & Decor
      • Luxury & premium products
    • Energy and Power
      • Energy Efficiency and Conservation
      • Green | Renewable Energy
      • Non Renewable | Conventional Energy
      • Power Equipment and Devices
    • Life Science
      • Biotechnology
      • Diagnostics
      • Healthcare
      • Healthcare IT
      • Medical Devices & Supplies
      • Pharmaceuticals
    • Food and Beverage
      • Agriculture & Agri Products
      • Beverages
      • Food Ingredients
      • Food Services and Hospitality
      • Nutraceutical | Wellness Food
      • Processed & Frozen Foods
    • Automotive and Transportation
      • Automotive components
      • Automotive Logistics
      • Automotive systems and accessories
    • Information and Communications Technology
      • E Commerce and Outsourcing
      • Entertainment & Media
      • High Tech | Enterprise & Consumer IT
      • Information & Network Security
      • Mobility | Telecom & Wireless
      • Software and Services
    • Semiconductor and Electronics
      • Semiconductor Materials and Components
      • Display Technology
      • Electronics System and Components
      • Emerging technologies
      • Security and Surveillance
      • Sensors and Controls
    • Building and Construction
      • Construction Materials
      • HVAC
      • Residential Construction and Improvement
      • Roads & Highways
    • Manufacturing
      • Manufacturing Services
      • Heavy Manufacturing
      • Packaging
      • Engineering | Equipment and Machinery
  • Who Trust Us
  • [email protected]
  • +1 718 618 4351 (International)
  • +91 78878 22626 (Asia)

More Results

One Stop Shop For Reports One Stop Shop For Reports
  • All Reports
  • All Sectors
    • Chemicals & Materials
      • Advanced Materials
      • Bulk Chemicals
      • Coatings | Paints and Additives
      • Composites
      • Renewable | Speciality chemicals
    • Consumer Goods
      • Baby Products
      • Consumer Electronics
      • Consumer Packaging
      • Cosmetics & Personal Care
      • Homecare & Decor
      • Luxury & premium products
    • Energy and Power
      • Energy Efficiency and Conservation
      • Green | Renewable Energy
      • Non Renewable | Conventional Energy
      • Power Equipment and Devices
    • Life Science
      • Biotechnology
      • Diagnostics
      • Healthcare
      • Healthcare IT
      • Medical Devices & Supplies
      • Pharmaceuticals
    • Food and Beverage
      • Agriculture & Agri Products
      • Beverages
      • Food Ingredients
      • Food Services and Hospitality
      • Nutraceutical | Wellness Food
      • Processed & Frozen Foods
    • Automotive and Transportation
      • Automotive components
      • Automotive Logistics
      • Automotive systems and accessories
    • Information and Communications Technology
      • E Commerce and Outsourcing
      • Entertainment & Media
      • High Tech | Enterprise & Consumer IT
      • Information & Network Security
      • Mobility | Telecom & Wireless
      • Software and Services
    • Semiconductor and Electronics
      • Semiconductor Materials and Components
      • Display Technology
      • Electronics System and Components
      • Emerging technologies
      • Security and Surveillance
      • Sensors and Controls
    • Building and Construction
      • Construction Materials
      • HVAC
      • Residential Construction and Improvement
      • Roads & Highways
    • Manufacturing
      • Manufacturing Services
      • Heavy Manufacturing
      • Packaging
      • Engineering | Equipment and Machinery
  • Who Trust Us
Home ➤ Food and Beverage ➤ Food Ingredients ➤ Almond Milk Market
Almond Milk Market
Almond Milk Market
Published date: May 2023 • Formats:
Request Sample Schedule a Call
  • Home ➤ Food and Beverage ➤ Food Ingredients ➤ Almond Milk Market

Global Almond Milk Market By Application (Beverage, Frozen Desserts, Personal Care and Other Applications), By Distribution Channel (Hypermarkets & Supermarkets, Convenience Stores and Online), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

  • Published date: May 2023
  • Report ID: 37214
  • Number of Pages: 246
  • Format:
  • Overview
  • Table of Contents
  • Major Market Players
  • Request a Sample
  • Quick Navigation

    • Almond Milk Market Overview:
    • Global Almond Milk Market Scope:
    • Key Market Segment:
    • Market Dynamics:
    • Regional Analysis:
    • Key Regions and Countries covered іn thе rероrt:
    • Market Share & Key Players Analysis:
    • Market Key Players:

    Almond Milk Market Overview:

    The global almond-milk market size was estimated at USD 5,350 million in 2021. It is expected to register a CAGR of 15.1% between 2022-2032.

    Almond milk can be substituted for dairy products with plant-based ingredients and is rich in vitamins E and omega-3 oils. Over the estimated period, the market will be driven by increasing health consciousness and an increased preference for plant-based dairy products.

    Global Almond Milk Market Scope:

    Application analysis

    Almond milk is a popular product in APAC, particularly in China and India. This will likely lead to a favorable growth estimate for the product. The product’s wide application in the beverage and food industries has led to a high requirement from Japan and China. The growing APAC vegan population is responsible for the growth in beverage applications. According to a National Institutes of Health report, the majority of lactose-intolerant people are from Eastern Asia. This gives almond milk producers more opportunities to reach these regions

    Because of its unique anti-aging properties and a high percentage of vitamin C, vitamin E, and zinc in the product’s formulation, the personal care segment is expected to grow at a CAGR (of 9.9%) over the forecast period. This and creams. Body shop product has been used in skin repair lotions, for example, manufactures a range of body butter, shampoos, conditioners, and another some products for their customers around the world. This is in response to the growing need for almond milk.

    The market also has applications for cream liquor, chocolates, and bakery. Almond milk is often used by milk chocolate producers to make nut and fruit chocolates. Tobler one, a Swiss brand of chocolate, uses almond milk to make its products.

    almond milk market analysis

    Distribution Channel analysis

    Online apps have been used in a dramatic rise in the market. Online retailers such as Big Basket offer almond milk beverages and other products through their online delivery services. It also has offline shops in India. This is what drives the online channel segment. Convenience shops carry a range of almond milk products, to help with grocery shopping.

    Key Market Segment:

    By Application

    • Beverages
    • Frozen Desserts
    • Personal Care
    • Other Applications

    By Distribution Channel

    • Hypermarkets & Supermarkets
    • Convenience Stores
    • Online

    Market Dynamics:

    Over the coming years, the market will be driven by rising numbers of cases of lactose intolerance as well as hypercholesterolemia. The product is also free from cholesterol and lactose, making it a popular option, especially for vegans. Consumers are increasingly choosing vegan alternatives to cow milk because they prefer it. Alternatives to animal milk in the form of plant-based milk can be an affordable alternative for those living in developing countries.

    Almond milk has many uses, including beverages and frozen desserts. It’s also used extensively in the manufacture of chocolates, cream liquors, as well as bakery products. Almond milk, in addition to protein, also contains zinc. This helps prevent hair from greying and keeps skin clear of blemishes. Almond milk is a popular ingredient in cosmetics, such as hair care products and creams.

    Market expansion has been aided greatly by increasing the acceptance of dairy alternatives among vegan consumers. Almond milk has many benefits including its aesthetic appeal and high-protein volume. This makes it an ideal dietary supplement for people of all ages. Raw introduced its 100%-cold-pressed almond milk to replace dairy shakes and promote the brand in plant-milk segments for vegan consumers. A potential driver of product requirement is the rising incidence of diabetes and lactose intolerance in countries such as China, Japan, and Germany.

    Because of rising consumer expectations about almond milk’s benefits, both the organic cosmetics and beverage markets will experience strong growth over time. Daiya Foods Inc., Whitewave Foods, Blue Diamond Growers, Galaxy Nutritional Foods, Inc., and Galaxy Nutritional Foods, Inc. take initiative to grow the market by offering a wide range of cold-pressed beverages, as well as frozen desserts, on a worldwide scale.

    Regional Analysis:

    Asia Pacific held the largest market share with 32.04%. Between 2023-2032, the Asia Pacific market value will grow by 14.04%. Global beverage demand is forecast to increase over the forecast period. This is due in part to the increased popularity of Raw and Danone Silk brands and the advancement of dairy substitute technology.

    Blue Diamond Growers has been providing high-quality almond milk for customers all around the world through Hain Celestial Group. With their recent product launches, Raw & Sofit have increased almond milk consumption in APAC. This region is also in high demand for personal care products, such as moisturizers, conditioners, hand creams, and hair sprays.

    The U.S. frozen dessert market is one sector that has been driving the market growth. In 2018, this sector represented 26.8% of the U.S. This is due to increase per capita income and changes in eating patterns across the various MEA nations. The market is expected to increase over the forecast period. Almond milk has become a common part of consumers’ daily lives due to growing environmental concerns.

    almond milk market share

    Key Regions and Countries covered іn thе rероrt:

    • North America
      • US
      • Canada
      • Mexico
    • Europe
      • Germany
      • UK
      • France
      • Italy
      • Russia
      • Spain
      • Rest of Europe
    • APAC
      • China
      • Japan
      • South Korea
      • India
      • Rest of Asia-Pacific
    • South America
      • Brazil
      • Argentina
      • Rest of South America
    • MEA
      • GCC
      • South Africa
      • Israel
      • Rest of MEA

    Market Share & Key Players Analysis:

    Danone is a company that uses almond milk to make drinks such as flavored milkshakes. Confectionery producers can use almond milk for almond-flavored baked goods, such as cakes, cookies, or cookies. These products are very popular. Baileys used the product to launch Almande Irish cream liqueur for vegans during the holiday season.

    almond milk market share

    Market Key Players:

    • Daiya Foods Inc
    • Hain Celestial Group
    • Whitewave Foods
    • Sunopta Inc.
    • Blue Diamond Growers
    • Galaxy Nutritional Foods Inc.
    • Tofutti Brands Inc.
    • Danone
    • Other Key Players

    For the Almond Milk Market research study, the following years have been considered to estimate the market size:

    AttributeReport Details

    Historical Years

    2016-2020

    Base Year

    2021

    Estimated Year

    2022

    Short Term Projection Year

    2028

    Projected Year

    2023

    Long Term Projection Year

    2032

    Report Coverage

    Competitive Landscape, Revenue analysis, Company Share Analysis, Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab maximum market share, and more.

    Regional Scope

    North America, Europe, Asia-Pacific, South America, Middle East & Africa

    Country Scope

    United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa

    Frequently Asked Questions (FAQ)

    Q: What is the Almond Milk market size in 2021?

    The Almond Milk market size is US$5,350 million in 2021.

    Q: What is the CAGR for the Almond Milk market?

    The Almond Milk market is expected to grow at a CAGR of 15.1% during 2023-2032.

    Q: What are the segments covered in the Almond Milk market report?

    Market.US has segmented the Almond Milk market by geographic (North America, Europe, APAC, South America, and Middle East and Africa). By Application, market has been segmented into Beverages, Frozen Desserts, Personal Care and Other Applications. By Distribution Channel, the market has been further divided into Hypermarkets & Supermarkets, Convenience Stores and Online.

    Q: Who are the key players in the Almond Milk market?

    Daiya Foods Inc.; Hain Celestial Group; Whitewave Foods, Sunopta Inc., Blue Diamond Growers, Galaxy Nutritional Foods Inc., Tofutti Brands Inc., Danone and Other Key Players

    Q: Which region is more attractive for vendors in the Almond Milk market?

    Asia Pacific accounted for the highest revenue share of 32.04% among other regions. Therefore, the Almond Milk market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.

    Q: What are the key markets for Almond Milk?

    Key markets for Almond Milk Are U.S, U.K., Germany, China, India

    Q: Which segment has the largest share in the Almond Milk market?

    In the Almond Milk market, vendors should focus on grabbing business opportunities from the Beverages segment as it accounted for the largest market share in the base year.

    Almond Milk Market
    Almond Milk Market
    Published date: May 2023
    add_shopping_cartBuy Now get_appDownload Sample
    keyboard_arrow_up
    • Daiya Foods Inc
    • The Hain Celestial Group, Inc. Company Profile
    • Whitewave Foods
    • Sunopta Inc.
    • Blue Diamond Growers
    • Galaxy Nutritional Foods Inc.
    • Tofutti Brands Inc.
    • Danone
    • Other Key Players
  • settingsSettings

Related Reports

  • Telecare Market
  • Hydrogen Powered Yacht Market
  • US Respiratory Disposable Devices Market
  • Process Analytical Technology Market
  • Cyber Security Market
  • Hematology Analyzer Market

Our Clients

  • Our Clients
Inquiry Before Buying

Almond Milk Market
  • 37214
  • May 2023
    • ★★★★★
      ★★★★★
    • (58)
add_shopping_cart Buy Now
Trusted by more than 17382 organizations globally
  • Client Logo
  • Client Logo
  • Client Logo
✖
Request a Sample Report
We'll get back to you as quickly as possible

Single User
$4,599
$3,499
USD / per unit
save 24%
Multi User
$5,999
$4,299
USD / per unit
save 28%
Corporate User
$7,299
$4,999
USD / per unit
save 32%
e-Access
Report Library Access
Data Set (Excel)
Print
Company Profile Library Access
Interactive Dashboard
Free Custumization No up to 10 hrs work up to 30 hrs work
Accessibility 1 User 2-5 User Unlimited
Analyst Support up to 20 hrs up to 40 hrs up to 50 hrs
Benefit Up to 20% off on next purchase Up to 25% off on next purchase Up to 30% off on next purchase
Buy Now ($ 3,499)Buy Now ($ 4,299)Buy Now ($ 4,999)
  • location_on420 Lexington Avenue, Suite 300 New York City, NY 10170,
    United States
  • phone+1 718 618 4351 (International)
  • phone+91 78878 22626 (Asia)
  • email[email protected]
  • Facebook Logo
  • Twitter Logo
  • LinkedIn Logo
Find Help
  • Contact Us
  • How to Order
Legal
  • Privacy Policy
  • Refund Policy
  • Frequently Asked Questions
  • Terms and Conditions
Explore
  • About Us
  • All Reports
  • All Sectors
  • Infographics
  • Statistics and Facts
  • Companies
Secured Payment Options
Secured Payment Options

© 2023 Market.Us. All Rights Reserved.