Global Almond Milk Market is Estimated to Reach a Market Value of USD 16.91 billion by 2027

Almond Milk Market is expected to rise at the progressive growth rate of 14.0% annually during the forecast period of 2020 to 2027 and is anticipated to reach a market value of USD 16.91 billion by 2027 will the factors like the rising cost of almond which will act as a restrain to the growth of the market.

The increasing demand of flavored almond milk will further create new and ample opportunities for the growth of almond milk market.

 Almond Milk market Scenario

According to Data Bridge Market Research the market for almond milk is developing owing to certain parameters, such as the Increasing awareness regarding good health and low cholesterol product among vegan consumers, rising number of patients suffering from lactose intolerance, surging demand of low calorie nutritious milk and rising inclination towards plant based products.

Now the question is which are the other regions intuitive is targeting? Data Bridge Market Research has forecast that North America dominates the almond milk market due to increasing number of people suffering from lactose intolerance are shifting their preferences towards almond milk.

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Almond Milk Market Development

  • In January 2019, Blue Diamond in the U.S. introduced the two almond breezes namely almond milk creamer and almond milk blended with real bananas. This launch helped the company in extension of their almond milk product in the market.

Scope of the Almond Milk Market

The almond milk market is segmented on the basis of countries into U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

  • All country based analysis of the market is further analyzed based on maximum granularity into further segmentation. On the basis of category, almond milk market is segmented into organic and conventional. Based on type, almond milk market is segmented into original almond milk, vanilla almond milk and non-dairy almond milk. Based on the formulation, almond milk market is segmented into plain sweetened, plain unsweetened, flavored sweetened and flavored unsweetened. On the basis of application, almond milk market is segmented into beverages, frozen desserts, personal care and others. Based on packaging type, almond milk is segmented into bottles, cans and cartons. On the basis of distribution channel, almond milk is segmented into store-based and non-store-based.
  • Almond milk is a type of plant milk produced by almonds which will provide creamy texture and nutty flavor as it is healthy milk with many benefits and is highly rich in calcium and vitamins. It is made by blending almonds and mixes it with water then strain the mixture to remove solid content.

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Key Pointers Covered in the Almond Milk Market Industry Trends and Forecast to 2027

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Cost of Care Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the Report

  • Daiya Foods Inc.
  • SunOpt
  • Blue Diamond Growers
  • Tofutti Brands, Inc.
  • Califia Farms
  • Earth’s Own Food Company Inc
  • Hiland Dairy
  • Ecomil
  • Pureharvest
  • Elmhurst 1925
  • Rude Health
  • Orgain, Inc.
  • New Barn Organics
  • Alpro
  • Sanitarium

Above are the key players covered in the report, to know about more and exhaustive list of almond milk companies contact us

Research Methodology of Almond 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.

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