Almond Milk Market Research Report – Forecast to 2023

Almond Milk Market Research Report – Forecast to 2023

Almond Milk Market: Survey, Trends, Outlook, Overview and 2022 Forecast

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Copyright Š 2017 Market Research Future.

Almond Milk Market Research Report – Forecast to 2023

1 Summary Global Almond Milk Market Information: by Type (Plain and Flavored), Packaging Material (Glass, Carton, and Others), Distribution Channel (Store based and Non-store based), and Region (North America, Europe, Asia Pacific, and ROW) - Forecast till 2023

Key Players: Some of the key players profiled in the global almond milk market are Daiya Foods Inc. (Canada), Hain Celestial Group (U.S.), Whitewave Foods (France), Sunopta Inc.(Canada), Blue Diamond Growers (U.S.), Galaxy Nutritional Foods, Inc. (U.S.), and Tofutti Brands Inc. (U.S.), among others.

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Copyright Š 2017 Market Research Future.

Almond Milk Market Research Report – Forecast to 2023

2 Market Overview Almond milk is plant milk and a substitute for animal-based milk products. It is derived from almond and is lactose and casein free and rich in several healthy nutrients. It is a low-calorie beverage for which it is gaining momentum among a large number of consumers. Commercial almond milk is available in various flavors and is usually enriched with vitamins, minerals, or proteins by the manufacturers.

Almond milk is a popular substitute for dairy milk and milk products. Growing population of lactose intolerant individuals, along with increasing vegan population, is driving the growth of the market. The high nutritional content of the product is primarily supporting the sales of the product. Health conscious consumers are more inclined towards almond milk. Changing consumption pattern and inclination towards on-the-go products among the growing working population is boosting the growth of the almond milk market.

Manufacturers are coming up with variety in flavor offerings of the product, which is bringing a surge in demand for almond milk. Moreover, innovative and attractive packaging also adds value to the product growth. Additionally, advertising campaigns carried out by the key players also impact the growth of the market

Intended Audience:

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Food and beverages Cosmetic industry Personal care manufacturers Retailers, wholesaler, and distributors E-commerce Traders, importers, and exporters

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Almond Milk Market Research Report – Forecast to 2023

3 Sample Pages Segments:

Almond milk is segmented on the basis of type into plain and flavored. Among them, flavored almond milk is anticipated to grow at the highest rate over the forecast period. High inclination of consumers towards flavored milk, along with their increasing interest in a variety of flavors launched by the manufacturers, will boost the market for flavored almond milk.

On the basis of packaging material, almond milk market is segmented into glass, carton, and others. Among them, the glass segment is witnessed to dominate the market and also grow at the fastest rate during the noticed period.

Based on the distribution channel, the almond milk market is segmented into store based and non-store based. Store based distribution channel is projected to be dominating the market, owing to one-stop shopping experience.

Moreover, this segment is expected to grow at the highest rate in the coming years.

Key Findings:  

New product launches with variety of flavors are among the key strategies of the market players Asia Pacific is expected to be the most favorable market for almond milk manufacturers in the coming years

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Copyright © 2017 Market Research Future.

Almond Milk Market Research Report – Forecast to 2023

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Copyright Š 2017 Market Research Future.