Asia-Pacific Nut-Based Milk Market is forecasted to grow with significant CAGR owing factor such as technological advancements in the manufacturing sector.
Changing dietary lifestyle of Asia-Pacific consumers is a major driver for growth of Asia-Pacific nut-based milk market.
High consumption of dairy milk in South Asia is acting as major restraint to the market.
Nut-Based Milk Market Scenario
According to Data Bridge Market Research, market leader is Danone, which accounts an estimated market share of approximately 15% to 20%. The company has gained outstanding sales through their businesses of equipment, services and automation system and software. The market is witnessing continuous product integration and expanding their business in the market.
For instance,
- In October 2020, Pureharvest extended their range of mouth-watering nut spread. The three new spreads include, smooth almond spread, crunchy almond spread and almond + maple spread. These spreads are chemical free and are made from simple ingredients without adding any preservatives. It is packed with delicious nutty flavours which one can enjoy them on toast or baking. These varieties of range will help to meet extended customer demand.
Trends Impacting the Market
The nut-based milk market is becoming more competitive every year with companies such regions Danone, Blue Diamond Grower and Califia Farm are the market leaders for nut-based milk. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the nut-based milk market.
For more analysis on the nut-based milk market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=asia-pacific-nut-based-milk-market
Nut-Based Milk Market Development in 2020
- In January, 2020, Califia Farm raised the investment of USD 225 million in funding, led by Qatar Investment Authority (QIA). With this investment the company focuses on becoming the market leader in the plant-based dairy segment.
Scope of the Nut-Based Milk Market
On the basis of category, Asia-Pacific nut-based milk market is segmented into organic and inorganic. On the basis of nut milk type, Asia-Pacific nut-based milk market is segmented into almond milk, coconut milk, cashew milk, walnut milk, hazelnut milk and others. On the basis of packaging, Asia-Pacific nut-based milk market is segmented into sachets, tetra pak, bottles and others. On the basis of packaging size, Asia-Pacific nut-based milk market is segmented into above 1000 ML, 500 to 1000 ML, 250 to 500 ML, 110 to 250 ML and others. On the basis of flavors, Asia-Pacific nut-based milk market is segmented into original, vanilla, chocolate, honey, coffee and others. On the basis of formulations, Asia-Pacific nut-based milk market is segmented into sweetened and unsweetened. On the basis of end user, Asia-Pacific nut-based milk market is segmented into restaurants, hotels & bars, café, catering and household. On the basis of distribution channel, Asia-Pacific nut-based milk market is segmented into store-based retailing and online/e-commerce. On the basis of country, China, Japan, Australia, India, Thailand, Vietnam, Indonesia, Taiwan, New Zealand, South Korea, Singapore, Malaysia, Philippines and Rest of Asia-Pacific.
Key Pointers Covered in Nut-Based Milk Market Industry Trends and Forecast to 2025
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Market Key Vendors and Disruptors Study
Key Market Competitors Covered in the Report
- Blue Diamond Growers
- Danone
- Califia Farm
- Hain Celestial Group
- Pureharvest
- Epigamia
- Life Health Foods India Private Limited
- Simple Foods Co., Ltd.
- Sanitarium
- Bonsoy Beverage Co.
- Freedom Foods Group Ltd.
- Bickford's
- Chengde Lulu Co., Ltd.
- Hebei Yangyuan ZhiHui Beverage Co Ltd
- Vitasoy International Holdings Ltd.
- Urban Platter
Above are the key players covered in the report, to know about more and exhaustive list of nut-based milk companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=asia-pacific-nut-based-milk-market
Research Methodology: Asia-Pacific Nut-Based Milk market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Industrial experts, product engineers, warehouse managers and cargo operators among others
- Supply Side: Original Equipment Manufacturers, Exporter, Distributors, Wholesaler and Retailer among others.
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