Almond Milk Market Size, Share, Forecast, & Trends Analysis
Meticulous Research®—a
leading global market research company, published a research report
titled 'Almond Milk Market—Global Opportunity Analysis and Industry
Forecast (2025-2032)’. According to this latest publication, the almond
milk market is expected to reach $33.08
billion by 2032, at a CAGR of 12.2% from 2025 to 2032.
The almond milk market
is experiencing growth driven by the increasing vegan and vegetarian
population, the rising prevalence of food allergies and lactose intolerance,
and heightened consumer awareness of nutritional food. However, strong
preferences for animal-based milk continue to hinder this market's growth.
Additionally, the
expanding application of almond milk across various industries and in emerging
economies presents new growth opportunities for market players. However, the
market faces significant challenges, including volatile raw material prices.
Furthermore, the growing adoption of clean-label products and increasing
awareness of health and wellness are prominent trends in the almond milk
market.
Key Players:
The almond milk market
is characterized by a moderately competitive scenario due to the presence of
many large- and small-sized global, regional, and local players. The key
players operating in the almond milk market are Blue Diamond Growers (U.S.),
Daiya Foods, Inc. (Canada), Danone North America Public Benefit Corporation
(France), Califia Farms, LLC (U.S.), Nestlé S.A. (Switzerland), SunOpta, Inc.
(Canada), Earth’s Own Food Company Inc. (Canada), Hiland Dairy Foods (U.S.),
MALK Organics LLC (U.S.), Ripple Foods PBC (U.S.), Milkadamia (U.S.), and Three
Trees Organics (U.S.).
The almond milk market
is segmented based on nature, flavor, packaging material, distribution channel,
and application. The report also evaluates industry competitors and analyzes
the almond milk market at the regional and country levels.
Among the natures
studied in this report, the
conventional segment is expected to account for the larger share of the almond
milk market in 2025. This segment’s substantial market share is primarily due
to a higher acceptance rate compared to organic almond milk, driven by greater
availability in grocery stores and supermarkets. Additionally, the ease of
sourcing raw materials and lower production costs make conventional almond milk
more affordable for a broader range of consumers worldwide.
Among the flavors
studied in this report, the
non-flavored segment is expected to account for the larger share of the almond
milk market in 2025. The substantial market share of this segment is driven by
consumer preferences for healthier options and minimally processed foods, which
contain fewer additives and sugars. Unflavored almond milk can easily be
incorporated into smoothies, soups, sauces, and baked goods, complementing both
sweet and savory dishes without overpowering other flavors. It also serves as a
direct substitute for cow's milk in various applications, from coffee to
cooking.
Among the packaging
materials studied in this report, the glass segment is expected to account for the largest share of
the almond milk market in 2025. This segment's substantial market share is
primarily attributed to the widespread adoption of glass packaging by almond
milk manufacturers in response to consumer demand. Glass is viewed as a safer
option, as it helps preserve the freshness and flavor of almond milk while
being non-reactive which minimizes the risk of contamination.
Among the
distribution channels studied in this report, the business-to-consumer segment is expected to account for the
larger share of the almond milk market in 2025. This segment's substantial
market share is primarily attributed to the rising retail sales of almond milk
in supermarkets and hypermarkets, expanded shelf space for plant-based products
in modern grocery stores, and a growing preference for shopping at
brick-and-mortar stores due to ease of access and availability. Additionally,
increasing consumer acceptance of vegan and vegetarian dairy alternatives,
particularly almond milk, further supports this growth.
Among the
applications studied in this report, the beverages segment is expected to account for the largest share
of the business-to-business almond milk market in 2025. This segment's
substantial market share is primarily driven by the high consumption of
ready-to-drink products. Consumer preferences for plant-based beverages are
strong, attributed to their nutritional benefits and dietary considerations, as
well as their effectiveness as substitutes for cow's milk in a variety of
beverage preparations.
This research report
analyzes major geographies and provides a comprehensive analysis of North
America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, Poland,
Netherlands, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India,
South Korea, Australia, Indonesia, Malaysia, Thailand, Singapore, and Rest of
Asia-Pacific), Latin America (Brazil, Mexico, Argentina, and Rest of Latin
America), and the Middle East & Africa (Saudi Arabia, South Africa, UAE,
and Rest of Middle East & Africa).
Among the
geographies studied in this report, Asia-Pacific is expected to account for the largest share of 49.8% of
the almond milk market in 2025, followed by Europe, North America, Latin
America, and the Middle East & Africa. The significant share of this
regional market can be attributed to several factors, including increasing
health consciousness, a large vegan and vegetarian population, rising demand
for ready-to-drink products, a strong presence of both local and global
producers, and the high adoption of new technologies in the food and beverage
industry.
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Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=6058
Key Questions
Answered in the Report-
- What is the value of revenue generated by
the sale of almond milk?
- At what rate is the global demand for
almond milk projected to grow for the next five to seven years?
- What is the historical market size and
growth rate for the almond milk market?
- What are the major factors impacting the
growth of this market at global and regional levels?
- What are the major opportunities for
existing players and new entrants in the market?
- Which nature, flavor, packaging material,
distribution channel, and application segments create major traction for
the manufacturers in this market?
- What are the key geographical trends in
this market? Which regions/countries are expected to offer significant
growth opportunities for the manufacturers operating in the almond milk
market?
- Who are the major players in the almond
milk market? What are their specific product offerings in this market?
- What recent developments have taken place
in the almond milk market? What impact have these strategic developments
created on the market?
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