With 9.0% CAGR, Global Almond Milk Market Size To Surpass US...| MENAFN.COM

Friday, 31 March 2023 04:01 GMT

With 9.0% CAGR, Global Almond Milk Market Size To Surpass US$ 4.7 Billion By The End Of 2033

(MENAFN- Ameliorate Digital Consultancy) Almond milk is a plant-based, dairy-free milk alternative made from ground almonds and water. It is a popular choice for those who are lactose intolerant or vegan, and it is also considered a healthier alternative to dairy milk due to its lower calorie content and high nutritional value. The global almond milk market has been growing steadily in recent years due to the increasing demand for dairy-free alternatives and the growing health consciousness among consumers. In this article, we will discuss the almond milk market, its growth prospects, and key players.

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Global almond milk market size is expected to grow from USD 5.8 billion in 2020 to USD 10.5 billion by 2026, at a CAGR of 9.0% during the forecast period. The market growth is attributed to the increasing demand for plant-based milk alternatives, the rising vegan population, and the growing health awareness among consumers. The Asia-Pacific region is expected to witness the highest growth rate during the forecast period due to the increasing adoption of veganism in countries such as China and India.

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Companies Covered in This Report –

      • Blue Diamond Growers
      • SunOpta Inc.
      • Pacific Foods of Oregon, LLC.
      • Danone Group
      • Nestlé
      • Orgain Inc
      • Sanitarium Health Food Company
      • Hiland Dairy
      • Nutriops, S.L.
      • Natura Foods
      • The Hain Celestial Group, Inc
      • Pureharvest
      • Bridge S.R.L.
      • Mand'Or Organic Almond Milk
      • Elmhurst Milked Direct LLC

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Key Segments of Global Almond Milk Market

      • Almond Milk Market By Nature : Organic , Conventional
      • Almond Milk Market By Application : Food and Beverages , Bakery & Confectionery , Dairy & Desserts , Infant Formula , Retail/Household , Foodservice Industry
      • Almond Milk Market By Distribution Channel : Business to Business, Business to Consumer : Hypermarkets/Supermarkets, Convenience Stores, Specialty, Stores, Online Retail
      • Almond Milk Market By Region : North America , Latin America , Europe , South Asia , East Asia , Oceania , Middle East & Africa

For its clients, Persistence Market Research is dedicated to offering objective market research solutions. For the collection of the data included in this study, PMR employs a reliable approach. In-depth analysis of the global almond milk market is conducted in order to draw conclusions regarding the market's potential future growth drivers. In order to guarantee the quality and dependability of the conclusions in this report, PMR's research approach combines primary research techniques with secondary research techniques.

To estimate the sales of the target products, a demand-side technique is used. This is followed by a thorough supply-side analysis of the value created, important trends, and events during a specified time period.

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The Food & Beverage team at Persistence Market Research provides all the necessary insights and consulting analysis to fulfil the unique business intelligence needs of clients worldwide. With a catalogue of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.

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