Global Almond Milk Market By Type ( Original Almondmilk, Vanilla Almondmilk, Other ), By Application ( Hypermarkets and Supermarkets, Convenience Stores, Other ), By Region and Key Companies - Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2023-2033
- 133886
- 20-Dec 2022
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- Report Details
Between 2023 and 2033, Almond Milk Market sales increased by 26.4% Almond milk sales are likely to account for a part of the demand in the global plant-based milk market, valued at USD 14 Bn in 2023. There are two types of almond milk: conventional and organic. There are three types of almond milk: vanilla almond milk, original almond milk, and nondairy almond. Based on the type of almond milk, there are four types: plain sweetened; plain unsweetened; flavored sweetened, and flavored unsweetened.
Almond Milk Market Scope:
By Type, the market is segmented into Original Almondmilk, Vanilla Almondmilk, and Non-Dairy Almondmilk. By Application, the market is divided into Hypermarkets and Supermarkets, Convenience Stores, and Food and Drink Specialty Stores.
Based on geography the market is analyzed across North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. Major players profiled in the report include So Delicious Dairy Free, Silk, Pacific Foods, Blue Diamond Growers, Milkadamia, Califia Farms, Alpro, Sanitarium, Pureharvest, and Australia’s Own.
Growing Demand:
Almond milk is one of the fastest-growing segments of non-dairy or vegan milk. Market growth can be attributed to increased awareness about almond milk’s health benefits and the fight against obesity in advanced countries like the United States.
Consumers expect high-quality, premium-brand, nutritious dairy goods. This has prompted global almond milk producers to create new premium products to satisfy their customers’ demands.
Due to increasing health concerns, consumers are turning their attention to organic almond milk alternatives. This natural almond milk is made without any thickeners or additives. Almond milk made from organic alternatives is more expensive than non-dairy options. The demand for flavored almond milk is expected to rise due to consumers’ desire for tasty and nutritious blends.
Key Market Segments
Type
Original Almondmilk
Vanilla Almondmilk
Non-Dairy AlmondmilkApplication
Hypermarkets and Supermarkets
Convenience Stores
Food and Drink Specialty StoresKey Market Players included in the report:
So Delicious Dairy Free
Silk
Pacific Foods
Blue Diamond Growers
Milkadamia
Califia Farms
Alpro
Sanitarium
Pureharvest
Australia’s OwnFactors driving the decision:
Due to rising health concerns, consumers are increasingly inclined towards organic almond butter options. This almond milk is made without thickeners and additives. Almond milk alternatives made from organic ingredients are more expensive than non-dairy options. The almond milk market will see revenue-generating opportunities due to consumers’ desire for delicious, nutritious, lactose-free, and blended milk.
Restraining Factors:
The almond ingredient market is being affected by the fluctuating prices of almonds around the world. Almond prices are rising due to growing demand.
Moreover, almond intolerance or allergy is a major challenge for the global almond ingredient market. This must be addressed in the future.
Almond Milk Market Trends:
Veganism is growing in popularity due to concerns over animal welfare. Almond milk is currently being driven by potential environmental and health benefits. This growing acceptance of veganism has been mainly seen in developed countries, as well as cities and suburbs of developing nations.
Almond milk is a great substitute for dairy milk. It is made from high-quality almonds using cold press technology. Almond milk is fortified with calcium and other nutrients, making it a healthy beverage.
Recent Developments:
In December 2019, Danone announced that it participated in a financing round for Halsa Foods, a plant-based company. Halsa Foods is a manufacturer of a variety of dairy substitute products in America.
Blue Diamond, an American cooperative, launched a new beverage portfolio that contains Almond extract in October 2019. It is called Almond Breeze Almond milk Mexican Hot Chocolate flavor.
- Table Of Content
1. Almond Milk Market Introduction
1.1. Definition
1.2. Taxonomy
1.3. Research Scope2. Executive Summary
2.1. Key Findings by Major Segments
2.2. Top strategies by Major Players3. Global Almond Milk Market Overview
3.1. Almond Milk Market Dynamics
3.1.1. Drivers
3.1.2. Opportunities
3.1.3. Restraints
3.1.4. Challenges3.2. PESTLE Analysis
3.3. Opportunity Map Analysis
3.4. PORTER’S Five Forces Analysis
3.5. Market Competition Scenario Analysis
3.6. Product Life Cycle Analysis
3.7. Opportunity Orbits
3.8. Production Analysis by Region/Company
3.9. Industry chain Analysis
3.10. Marketing Strategy4. Global Almond Milk Market Value & Volume ((US$ Mn & ‘000 Units)), Share (%), and Growth Rate (%) Comparison by Type, 2012-2028
4.1. Global Almond Milk Market Analysis by Type: Introduction
4.2. Market Size and Forecast by Region
4.3. Original Almondmilk4.4. Vanilla Almondmilk
4.5. Non-Dairy Almondmilk
5. Global Almond Milk Market Value & Volume ((US$ Mn & ‘000 Units)), Share (%), and Growth Rate (%) Comparison by Application, 2012-2028
5.1. Global Almond Milk Market Analysis by Application: Introduction
5.2. Market Size and Forecast by Region
5.3. Hypermarkets and Supermarkets5.4. Convenience Stores
5.5. Food and Drink Specialty Stores
6. Global Almond Milk Market Value & Volume ((US$ Mn & ‘000 Units)), Share (%), and Growth Rate (%) Comparison by Region, 2012-2028
6.1. North America
6.1.1. North America Almond Milk Market: Regional Trend Analysis
6.1.1.1. US
6.1.1.2. Canada
6.1.1.3. Mexico6.2.1. Europe
6.2.1. Europe Almond Milk Market: Regional Trend Analysis
6.2.1.1. Germany
6.2.1.2. France
6.2.1.3. UK
6.2.1.4. Russia
6.2.1.5. Italy
6.2.1.6. Spain
6.2.1.7. Rest of Europe6.3. Asia-Pacific
6.3.1. Asia-Pacific Almond Milk Market: Regional Trend Analysis
6.3.1.1. China
6.3.1.2. Japan
6.3.1.3. Korea
6.3.1.4. India
6.3.1.5. Rest of Asia-Pacific6.4. Latin America
6.4.1. Latin America Almond Milk Market: Regional Trend Analysis
6.4.1.1. Brazil
6.4.1.2. Argentina
6.4.1.3. Rest of Latin America6.5. Middle East and Africa
6.5.1. Middle East and Africa Almond Milk Market: Regional Trend Analysis
6.5.1.1. GCC
6.5.1.2. South Africa
6.5.1.3. Israel
6.5.1.4. Rest of MEA7. Global Almond Milk Market Competitive Landscape, Market Share Analysis, and Company Profiles
7.1. Market Share Analysis
7.2. Company Profiles
7.3. So Delicious Dairy Free7.3.1. Company Overview
7.3.2. Financial Highlights
7.3.3. Product Portfolio
7.3.4. SWOT Analysis
7.3.5. Key Strategies and Developments7.4. Silk
7.4.1. Company Overview
7.4.2. Financial Highlights
7.4.3. Product Portfolio
7.4.4. SWOT Analysis
7.4.5. Key Strategies and Developments7.5. Pacific Foods
7.5.1. Company Overview
7.5.2. Financial Highlights
7.5.3. Product Portfolio
7.5.4. SWOT Analysis
7.5.5. Key Strategies and Developments7.6. Blue Diamond Growers
7.6.1. Company Overview
7.6.2. Financial Highlights
7.6.3. Product Portfolio
7.6.4. SWOT Analysis
7.6.5. Key Strategies and Developments7.7. Milkadamia
7.7.1. Company Overview
7.7.2. Financial Highlights
7.7.3. Product Portfolio
7.7.4. SWOT Analysis
7.7.5. Key Strategies and Developments7.8. Califia Farms
7.8.1. Company Overview
7.8.2. Financial Highlights
7.8.3. Product Portfolio
7.8.4. SWOT Analysis
7.8.5. Key Strategies and Developments7.9. alpro
7.9.1. Company Overview
7.9.2. Financial Highlights
7.9.3. Product Portfolio
7.9.4. SWOT Analysis
7.9.5. Key Strategies and Developments7.10. Sanitarium
7.10.1. Company Overview
7.10.2. Financial Highlights
7.10.3. Product Portfolio
7.10.4. SWOT Analysis
7.10.5. Key Strategies and Developments7.11. Pureharvest
7.11.1. Company Overview
7.11.2. Financial Highlights
7.11.3. Product Portfolio
7.11.4. SWOT Analysis
7.11.5. Key Strategies and Developments7.12. Australia’s Own
7.12.1. Company Overview
7.12.2. Financial Highlights
7.12.3. Product Portfolio
7.12.4. SWOT Analysis
7.12.5. Key Strategies and Developments8. Assumptions and Acronyms
9. Research Methodology
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