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With 9.0% CAGR, Global Almond Milk Market Size to Surpass US$ 4.7 Billion by the end of 2033

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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Almond Milk Market Extends at a Healthy CAGR of 9.0% during forecast 2023 to 2033

A recent market study by Persistence Market Research on the worldwide Almond Milk Market assesses potential and the state of the market now while offering information and updates on the relevant market segments for the 2020–2030 forecast period. The research offers a complete analysis of the main market dynamics and specific information on the market’s structure for almond milk. This market report provides unique insights into how the almond milk market will develop worldwide between 2020 and 2030.

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The main goal of the report on the global almond milk market is to offer information on market opportunities that are assisting in the transformation of organisations across the world that are involved with almond milk. In order to help readers better understand the analysis and evaluation of the global almond milk market and to identify lucrative opportunities in the market, it is crucial to note that we provide estimated (Y-o-Y) year-on-year growth rate in addition to compound annual growth rate (CAGR) for overall forecasts. This is because the economy is constantly changing.

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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.

Related Reports:

 About Us:

About Food & Beverage Division at Persistence Market Research

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.

Contact Us:

Persistence market research
Address – 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com

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Global Almond Milk Market Size Worth $ 7659.3 million by 2028 at a 11.6 % CAGR | Key Players: So Delicious Dairy Free, Silk, Pacific Foods, Blue Diamond Growers, Milkadamia

New York, USA, Jan. 2023- Eon Market Research has published a new research report titled “Almond Milk Market Size, Share, Trends, Growth, and Insights by Product Types (Original Almondmilk, Vanilla Almondmilk, Non-Dairy Almondmilk), By Applications (Hypermarkets and Supermarkets, Convenience Stores, Food and Drink Specialty Stores, Others), and By Region – Global Industry Synopsis, Numerical Data, Competitive Analysis, and Forecast 2022–2028” in its research database. According to our latest study, the global Almond Milk market size is estimated to be worth US$ 3561.4 million in 2021 and is forecast to a readjusted size of USD 7659.3 million by 2028 with a CAGR of 11.6% during review period.

The Almond Milk Market Size, Trends, And Global Forecast 2022-2028 is the most formal assessment of this market, with an analysis of the Almond Milk market’s historic and projected growth, the drivers and constraints that are provoking it, and showcases of the prospects that industries can pursue. The Almond Milk market research study provides a genuinely global picture of the business, as it includes 60 countries throughout the world. The regional and local breakdowns provide an overview of the Almond Milk market in each geography, as well as information on Almond Milk market size by region and country.’

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By analyzing historical data, the Almond Milk Market report provides a complete analysis of the market situation and forecasts the upcoming market size of the Almond Milk industry. It covers the overall industry’s market overview, segments, applications, regions, and trends. The Almond Milk Market research includes a detailed analysis of the global industry’s major drivers, challenges, restraints, opportunities, current market trends, and approaches, as well as estimates and forecasts through 2028. Analysis methods, growth factors, expansion plans, and product advancements are all included in the Almond Milk market research report.

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Key players in the global Almond Milk market are covered: So Delicious Dairy Free, Silk, Pacific Foods, Blue Diamond Growers, Milkadamia, Califia Farms, alpro, Sanitarium, Pureharvest, Australia’s Own

Based on types, the Almond Milk market from 2017 to 2028 is primarily split into Original Almondmilk, Vanilla Almondmilk, Non-Dairy Almondmilk

Based on applications/End-use, the Almond Milk market from 2017 to 2028 covers: Hypermarkets and Supermarkets, Convenience Stores, Food and Drink Specialty Stores, Others

Geographically, the detailed analysis of consumption, revenue, market share, growth rate, historical data, and forecast (2017-2028) of the following regions are covered: 

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and the Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and the Rest of South America)

Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, and the Rest of the Middle East and Africa)

Since the Covid-19 pandemic has wreaked havoc on markets all over the world, it has had a significant impact on the market. As a result, this Almond Milk market research report has offered many market insights regarding some of the key aspects that could have an immediate influence on the global Almond Milk industry. The devastating COVID-19 epidemic has hindered the economy’s progress and development in the international market. As a result, the research has produced optimistic growth projections and insights.

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Reasons to buy the Almond Milk market report:

  • By learning about the leading companies and segments of the worldwide Almond Milk market, you can save time and money on preliminary research.
  • The research identifies major business priorities that will assist businesses in reforming their business strategies and establishing themselves in the global marketplace.
  • The report’s major findings and suggestions highlight important progressive industry trends in the Almond Milk market, allowing players to devise efficient long-term plans to increase market revenue.
  • Learn about worldwide market trends and outlooks, as well as the factors that are driving and impeding market growth.
  • Understanding the tactics that support commercial interest in terms of products, segmentation, and industry verticals can help you make better decisions.
 

Almond Milk Market Report Scope
  Report Attribute Details
Market Size Value in 2021 US$ 3561.4 million  
Revenue Outlook in 2028 US$ 7659.3 million  
Growth Rate CAGR of 11.6 % from 2022 to 2028  
Base Year for Estimation 2021  
Actual Estimates/Historical data 2016 – 2021  
Forecast Period 2022 – 2028  
Quantitative Units Revenue in USD million and CAGR from 2022 to 2028  
Report Coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends  
Segments Covered Product Types, Applications, end-use, and region  
Product Types Original Almondmilk, Vanilla Almondmilk, Non-Dairy Almondmilk  
Applications Hypermarkets and Supermarkets, Convenience Stores, Food and Drink Specialty Stores, Others  
Regional scope North America; Europe; Asia Pacific; Central & South America; Middle East & Africa  
Country scope U.S; Canada; Mexico; Germany; U.K.; France; Italy; China; India; Japan; Brazil  
Key companies profiled So Delicious Dairy Free, Silk, Pacific Foods, Blue Diamond Growers, Milkadamia, Califia Farms, alpro, Sanitarium, Pureharvest, Australia’s Own  
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About: Eon Market Research EMR is a global market research and management consulting firm serving corporations, non-profit organizations, universities, and government agencies. Our goal is to partner with organizations to make continuous strategic improvements and achieve growth goals.

Our industry research reports are designed to provide quantifiable information combined with key industry insights. We strive to provide our customers with the necessary data to ensure continuous organizational development.

Whether exploring new markets, developing new products, or capitalizing on niche growth opportunities, we have the insights to accelerate and improve our clients’ strategies.

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Almond Milk Market to Witness Exponential Growth by 2021-2031 | Daiya Foods Inc., Hain Celestial Group, Whitewave Foods, Sunopta Inc., Blue Diamond Growers

New York, According to a new market research report published by Global Insight Services “Almond Milk Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Almond milk is a plant-based milk made from almonds. It is a dairy-free alternative to cow’s milk and has a similar taste and consistency. Almond milk is high in vitamin E and low in calories, making it a healthy choice for those looking to improve their diet. It can be used in place of cow’s milk in many recipes and is a good choice for those with lactose intolerance or milk allergies.

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Key Trends

There are several key trends in almond milk technology. One trend is the use of new processing techniques to improve the taste and texture of almond milk. Another trend is the development of new almond milk products that are fortified with vitamins and minerals. Finally, there is a trend toward the production of organic and non-dairy almond milk.

Key Drivers

The key drivers of Almond Milk market are the health benefits associated with almond milk, the growing trend of veganism and dairy-free diets, and the increasing availability of almond milk products.

Almond milk is a dairy-free alternative to cow’s milk that is high in vitamins and minerals, low in calories, and free of cholesterol and saturated fat. Almond milk is also a good source of protein, calcium, and vitamin D.

The health benefits of almond milk have made it a popular choice for those who are lactose intolerant, have allergies to cow’s milk, or are following a vegan or dairy-free diet. The growing trend of veganism and dairy-free diets is a key driver of the almond milk market.

The increasing availability of almond milk products is another key driver of the market. Almond milk is now available in a variety of formulations, flavors, and packaging options. Almond milk is also available in shelf-stable, refrigerated, and frozen formats.

Market Segments

The almond milk market report is bifurcated on the basis of type, application, distribution channel, and region. On the basis of type, it is segmented into plain and flavoured. Based on application, it is analyzed across beverages, frozen desserts, personal care, and others. By distribution channel, it is categorized into supermarkets, convenience stores, online and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and the rest of the World.

Key Player

The almond milk market report includes players such as Daiya Foods Inc., Hain Celestial Group, Whitewave Foods, Sunopta Inc., Blue Diamond Growers, Galaxy Nutritional Foods, Inc., Hiland Dairy Foods, Malk Organics LLC, Sanitarium, and SunOpta Inc.

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Reasons to buy Almond Milk Market Report:

• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

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Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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Almond Milk Market Size, Incredible Possibilities and Growth Analysis and Forecast To 2027 |By Reports And Data

The current report on the Almond Milk Market provides a comprehensive assessment of the business vertical and offers a comprehensive overview of the industry along with its key segments. The study includes an accurate estimate of the current industry scenario along with the market size, market volume, and revenue garnered by the industry. The report delivers radical data about the competitive landscape of the Almond Milk industry and a thorough bifurcation of the regions where the Almond Milk market has established a significant footing. The report further estimates the market scenario in context with the COVID-19 pandemic. The report analyses the current market scenario along with the effects of the COVID-19 on the present and future scenario. The report also focuses on the key changes, progress, or hurdles due to the COVID-19 pandemic.

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Key Summary of Regional Analysis and Competitive Landscape:

The report offers a comprehensive overview of the competitive landscape of the Almond Milk industry. The competitive landscape includes extensive profiling and overview of prominent players of the Almond Milk industry. The report studies the following companies in detail: Whitewave Foods, Blue Diamond Growers, Daiya Foods Inc., Tofutti Brands Inc., SunOpta Inc., Fine Japan Co. Ltd., Hain Celestial Group, Galaxy Nutritional Foods, Inc., Nature’s Choice B.V., and Vitasoy Australia Products Pty. Ltd., among others.

Radical Highlights of the Almond Milk Market Report:

The report further provides key insights into the market share held by each product and application in the Almond Milk market. Moreover, it also offers radical information about growth prospects and patterns. It also provides extensive coverage of the product consumption of each application and product. The report also provides a pricing analysis and growth trends for the key segments of the market.

Along with the basic information, the report also offers insights into marketing strategies readily adopted by the key manufacturers for the endorsement of their products. The report offers significant data pertaining to development trends and market position to offer deeper insights into targeted clients, brand promotions, and pricing analysis. The report also sheds light on the supply chains and the changes in the trends of the upstream raw materials and downstream distributors.

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Sales Channel Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)

  • Supermarket & Hypermarket
  • Online Retails
  • Others

Form Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)

  • Powder
  • Liquid

End-Use Verticals Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)

  • Food & Beverages
  • Nutraceuticals & Baby Food
  • Personal Care
  • Pharmaceuticals
  • Others

The report explains the market share and sales volume of each company, along with the key details of the operations of these companies. The report further offers extensive coverage of their product portfolio, business expansion plans, gross profit margins, revenue contribution, investment plans, and financial standings. The report also covers the strategic alliances observed within these key companies such as mergers and acquisitions, joint ventures, corporate and government deals, partnerships and agreements, and brand promotions and product launches.

Furthermore, the research study gives additional insights into the companies’ regional presence through extensive regional analysis. The regional analysis covers the key geographical regions such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. The regional analysis segment covers details about the market share held by each region along with the prospective growth opportunities and revenue generation. The report also offers a projection of the growth rate for each region in the entirety of the forecast timeline. It also offers a country-wise analysis to impart a better understanding of the industry.

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