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Almond Milk Market

Almond Milk Market Forecasts to 2028 – Global Analysis By Product (Original, Non-Dairy), Application (Cosmetics, Food Service), Formulation (Plain, Flavored), End User (Household, Nutraceuticals & Baby Food) and By Geography

4.5 (62 reviews)
Published: May 2021 ID: SMRC20523
4.5 (62 reviews)
Published: May 2021 ID: SMRC20523

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Almond Milk Market is accounted for $6.79 billion in 2020 and is expected to reach $22.73 billion by 2028 growing at a CAGR of 16.3% during the forecast period. Growing acceptance of dairy alternatives among vegans, rising cases of lactose intolerance, hypercholesterolemia, and growing demand for plant-based beverages are the major factors driving the market growth. However, high cost of almond milk and availability of alternate milks to almond milk are restraining the market growth.

Almond milk is a plant-based dairy alternative known to be rich in vitamin E and omega-3 fatty acids, made from almonds which generally have a nutty taste and creamy texture, it makes bones stronger, helps in digestion, and it acts as a lactose-free substitute of milk. Almond milk is rich in minerals like calcium, magnesium, and iron. It is available in various flavors and enriched with minerals, proteins and vitamins. Almond milk does not contain cholesterol or saturated fat that helps in supporting heart health.

Based on the application, the personal care segment is going to have lucrative growth during the forecast period due to almond milk’s unique anti-aging properties included in the products of personal care and amount of high proportion of vitamin C, vitamin B6, vitamin E, and zinc in its formulation, which has been used in skin repair creams and lotions. These advantages of almond milk attract the consumers worldwide, exploring the demand for almond milk in this segment.

By geography, Asia Pacific is going to have high growth during the forecast period as almond milk is prominently used in the Asia Pacific countries, especially India and China, and fast application scope of the product in the food and beverage industry has resulted in an inflated demand from countries like Japan hence the product is likely to witness favorable growth in this region. With the growing focus on gluten-free variants of almond milk, the market in Asia Pacific will grow further in the coming years.

Some of the key players profiled in the Almond Milk Market include Califia Farms, Blue Diamond Growers, Elmhurst Milked Direct LLC, Pacific Foods Of Oregon LLC,  Natura Foods, Daiya Foods Inc., Orgain, Inc., Hiland Dairy Foods Company, LLC, Three Trees Organic, Sanitarium Health and Wellbeing,  Earth's Own Food Company,  WhiteWave Foods, Hain Celestial Group,  Nestlé and Galaxy Nutritional Foods, Inc.
 
Forms Covered:
• Powder
• Liquid

Types Covered:
• Pure
• Mixed   

Products Covered:
• Original Almond Milk
• Vanilla Almond Milk
• Non-Dairy Almond Milk  

Applications Covered:
• Food and Beverages
• Personal Care (Cosmetics)
• Food Service Industry

Formulations Covered:
• Plain
• Flavored

Categories Covered:
• Organic
• Conventional

Distribution Channels Covered:
• Store-Based
• Non-Store-Based
• Business to Business
• Business to Customer

Packaging Types Covered:
• Bottles
• Cans
• Cartons
• Glass

End Users Covered:
• Retail/Household
• Pharmaceuticals
• Nutraceuticals & Baby Food
• Adult
• Children

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary         
          
2 Preface 
        
 2.1 Abstract        
 2.2 Stake Holders        
 2.3 Research Scope        
 2.4 Research Methodology        
  2.4.1 Data Mining       
  2.4.2 Data Analysis       
  2.4.3 Data Validation       
  2.4.4 Research Approach       
 2.5 Research Sources        
  2.5.1 Primary Research Sources       
  2.5.2 Secondary Research Sources       
  2.5.3 Assumptions       
          
3 Market Trend Analysis         
 3.1 Introduction        
 3.2 Drivers        
 3.3 Restraints        
 3.4 Opportunities        
 3.5 Threats        
 3.6 Product Analysis        
 3.7 Application Analysis        
 3.8 End User Analysis        
 3.9 Emerging Markets        
 3.10 Impact of Covid-19        
           
4 Porters Five Force Analysis         
 4.1 Bargaining power of suppliers        
 4.2 Bargaining power of buyers        
 4.3 Threat of substitutes        
 4.4 Threat of new entrants        
 4.5 Competitive rivalry        
          
5 Global Almond Milk Market, By Form         
 5.1 Introduction        
 5.2 Powder        
 5.3 Liquid        
          
6 Global Almond Milk Market, By Type         
 6.1 Introduction        
 6.2 Pure        
 6.3 Mixed        
          
7 Global Almond Milk Market, By Product         
 7.1 Introduction        
 7.2 Original Almond Milk        
 7.3 Vanilla Almond Milk        
 7.4 Non-Dairy Almond Milk        
          
8 Global Almond Milk Market, By Application         
 8.1 Introduction        
 8.2 Food and Beverages        
  8.2.1 Bakery & Confectionery       
  8.2.2 Dairy & Frozen Desserts       
  8.2.3 Infant Formula       
 8.3 Personal Care (Cosmetics)        
 8.4 Food Service Industry        
          
9 Global Almond Milk Market, By Formulation         
 9.1 Introduction        
 9.2 Plain        
  9.2.1 Plain Sweetened       
  9.2.2 Plain Unsweetened       
 9.3 Flavored        
  9.3.1 Flavored Sweetened       
  9.3.2 Flavored Unsweetened       
           
10 Global Almond Milk Market, By Category         
 10.1 Introduction        
 10.2 Organic        
 10.3 Conventional        
          
11 Global Almond Milk Market, By Distribution Channel         
 11.1 Introduction        
 11.2 Store-Based        
  11.2.1 Hypermarkets & Supermarkets       
  11.2.2 Convenience Stores       
  11.2.3 Specialty Stores       
  11.2.4 Food and Drink Specialty Stores       
 11.3 Non-Store-Based        
 11.4 Business to Business        
 11.5 Business to Customer        
          
12 Global Almond Milk Market, By Packaging Type         
 12.1 Introduction        
 12.2 Bottles        
 12.3 Cans        
 12.4 Cartons        
 12.5 Glass        
          
13 Global Almond Milk Market, By End User         
 13.1 Introduction        
 13.2 Retail/Household        
 13.3 Pharmaceuticals        
 13.4 Nutraceuticals & Baby Food        
 13.5 Adult        
 13.6 Children        
          
14 Global Almond Milk Market, By Geography          
 14.1 Introduction        
 14.2 North America        
  14.2.1 US       
  14.2.2 Canada       
  14.2.3 Mexico       
 14.3 Europe        
  14.3.1 Germany       
  14.3.2 UK       
  14.3.3 Italy       
  14.3.4 France       
  14.3.5 Spain       
  14.3.6 Rest of Europe       
 14.4 Asia Pacific        
  14.4.1 Japan       
  14.4.2 China       
  14.4.3 India       
  14.4.4 Australia       
  14.4.5 New Zealand       
  14.4.6 South Korea       
  14.4.7 Rest of Asia Pacific        
 14.5 South America        
  14.5.1 Argentina       
  14.5.2 Brazil       
  14.5.3 Chile       
  14.5.4 Rest of South America       
 14.6 Middle East & Africa        
  14.6.1 Saudi Arabia       
  14.6.2 UAE       
  14.6.3 Qatar       
  14.6.4 South Africa       
  14.6.5 Rest of Middle East & Africa       
          
15 Key Developments         
 15.1 Agreements, Partnerships, Collaborations and Joint Ventures        
 15.2 Acquisitions & Mergers        
 15.3 New Product Launch        
 15.4 Expansions        
 15.5 Other Key Strategies        
          
16 Company Profiling         
 16.1 Califia Farms        
 16.2 Blue Diamond Growers        
 16.3 Elmhurst Milked Direct LLC        
 16.4 Pacific Foods Of Oregon, LLC.        
 16.5 Natura Foods        
 16.6 Daiya Foods Inc.        
 16.7 Orgain, Inc.        
 16.8 Hiland Dairy Foods Company, LLC        
 16.9 Three Trees Organic        
 16.10 Sanitarium Health and Wellbeing        
 16.11 Earth's Own Food Company        
 16.12 WhiteWave Foods        
 16.13 Hain Celestial Group        
 16.14 Nestlé        
 16.15 Galaxy Nutritional Foods, Inc.        


List of Tables          
1 Global Almond Milk Market Outlook, By Region (2019-2028) (US $MN)          
2 Global Almond Milk Market Outlook, By Form (2019-2028) (US $MN)         
3 Global Almond Milk Market Outlook, By Powder (2019-2028) (US $MN)         
4 Global Almond Milk Market Outlook, By Liquid (2019-2028) (US $MN)         
5 Global Almond Milk Market Outlook, By Type (2019-2028) (US $MN)         
6 Global Almond Milk Market Outlook, By Pure (2019-2028) (US $MN)         
7 Global Almond Milk Market Outlook, By Mixed (2019-2028) (US $MN)         
8 Global Almond Milk Market Outlook, By Product (2019-2028) (US $MN)         
9 Global Almond Milk Market Outlook, By Original Almond Milk (2019-2028) (US $MN)         
10 Global Almond Milk Market Outlook, By Vanilla Almond Milk (2019-2028) (US $MN)         
11 Global Almond Milk Market Outlook, By Non-Dairy Almond Milk (2019-2028) (US $MN)         
12 Global Almond Milk Market Outlook, By Application  (2019-2028) (US $MN)         
13 Global Almond Milk Market Outlook, By Food and Beverages (2019-2028) (US $MN)         
14 Global Almond Milk Market Outlook, By Bakery & Confectionery (2019-2028) (US $MN)         
15 Global Almond Milk Market Outlook, By Dairy & Frozen Desserts (2019-2028) (US $MN)         
16 Global Almond Milk Market Outlook, By Infant Formula (2019-2028) (US $MN)          
17 Global Almond Milk Market Outlook, By Personal Care (Cosmetics) (2019-2028) (US $MN)         
18 Global Almond Milk Market Outlook, By Food Service Industry (2019-2028) (US $MN)         
19 Global Almond Milk Market Outlook, By Formulation (2019-2028) (US $MN)         
20 Global Almond Milk Market Outlook, By Plain (2019-2028) (US $MN)         
21 Global Almond Milk Market Outlook, By Plain Sweetened (2019-2028) (US $MN)         
22 Global Almond Milk Market Outlook, By Plain Unsweetened (2019-2028) (US $MN)         
23 Global Almond Milk Market Outlook, By Flavored (2019-2028) (US $MN)         
24 Global Almond Milk Market Outlook, By Flavored Sweetened (2019-2028) (US $MN)         
25 Global Almond Milk Market Outlook, By Flavored Unsweetened (2019-2028) (US $MN)         
26 Global Almond Milk Market Outlook, By Category (2019-2028) (US $MN)         
27 Global Almond Milk Market Outlook, By Organic (2019-2028) (US $MN)         
28 Global Almond Milk Market Outlook, By Conventional (2019-2028) (US $MN)         
29 Global Almond Milk Market Outlook, By Distribution Channel (2019-2028) (US $MN)         
30 Global Almond Milk Market Outlook, By Store-Based (2019-2028) (US $MN)         
31 Global Almond Milk Market Outlook, By Hypermarkets & Supermarkets (2019-2028) (US $MN)         
32 Global Almond Milk Market Outlook, By Convenience Stores (2019-2028) (US $MN)         
33 Global Almond Milk Market Outlook, By Specialty Stores (2019-2028) (US $MN)         
34 Global Almond Milk Market Outlook, By Food and Drink Specialty Stores (2019-2028) (US $MN)         
35 Global Almond Milk Market Outlook, By Non-Store-Based (2019-2028) (US $MN)         
36 Global Almond Milk Market Outlook, By Business to Business (2019-2028) (US $MN)         
37 Global Almond Milk Market Outlook, By Business to Customer (2019-2028) (US $MN)         
38 Global Almond Milk Market Outlook, By Packaging Type (2019-2028) (US $MN)         
39 Global Almond Milk Market Outlook, By Bottles (2019-2028) (US $MN)          
40 Global Almond Milk Market Outlook, By Cans (2019-2028) (US $MN)         
41 Global Almond Milk Market Outlook, By Cartons (2019-2028) (US $MN)         
42 Global Almond Milk Market Outlook, By Glass (2019-2028) (US $MN)         
43 Global Almond Milk Market Outlook, By End User (2019-2028) (US $MN)         
44 Global Almond Milk Market Outlook, By Retail/Household (2019-2028) (US $MN)         
45 Global Almond Milk Market Outlook, By Pharmaceuticals (2019-2028) (US $MN)         
46 Global Almond Milk Market Outlook, By Nutraceuticals & Baby Food (2019-2028) (US $MN)         
47 Global Almond Milk Market Outlook, By Adult (2019-2028) (US $MN)         
48 Global Almond Milk Market Outlook, By Children (2019-2028) (US $MN)         
          
Note: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner as above.      

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